Real Estate Investing for Cash Flow with Kevin Bupp #343: Asset Classes, Recessions, Broker relationships, and so much more! - with Michael Blank
Michael Blank is a multifamily Syndicator.
Michael is an entrepreneur who is passionate about helping people become financially free through real estate investing. He's the author of the Amazon bestseller "Financial Freedom with Real Estate Investing" and host of the popular Apartment Buildings Investing Podcast.
As CEO of Nighthawk Equity, he controls over $200M in performing multifamily assets all over the United States.
Quote:
"What we've discovered is...in the beginning you want to get to anywhere you can find a deal. It doesn't really matter as long as the area is growing, but after a while when you're trying to scale, you really want economies to scale. I don't want just 2 deals in a market or 1 deal. I want 5-10, I want 1000 units in one market."
"What really really works well in the multifamily space is broker relationships. Broker relationships are absolutely key…"
Highlights:
02:33 - Michael offers listeners insight into his background and how he entered the real estate space.
05:29 - Michael discusses his endeavors in the restaurant business and what went wrong.
07:10 - Michael talks about what markets his company is drawn towards talks.
09:45 - Michael tells us about finding opportunities in today's real estate climate.
13:52 - Michael paints a simple plan for people looking to build relationships.
16:23 - Michael speaks towards selling off assets.
19:03 - Michael talks about his company's business model.
22:38 - Michael discusses debt and flexible exit strategies.
33:25 - Michael answers Kevin's golden nugget question!
Guest Website:
Recommended Resources:
- Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
- Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA
- Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!
- Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
- Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2