Financial Freedom with Real Estate Investing

MB515: How To Do Your First $4M Deal in 7 Days - With Michael Blank

15 snips
Mar 16, 2026
A seven-day “live sample deal” simulation that fast-tracks your first multifamily acquisition. Practical steps for finding clean listings, underwriting with brokers, and running realistic property visits. How to build a team, run due diligence, and use on-site feedback to refine underwriting. Techniques to remove fear, expand your comfort zone, and get deal-ready quickly.
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ADVICE

Use Team Track Record To Buy Credibility

  • Build a credible team early to overcome lack of personal track record.
  • Use your property manager's, lender's, and SEC attorney's collective track record when answering broker and investor questions.
ADVICE

Pick Deals With Complete Marketing Packages

  • Choose a deal with a good marketing package (T-12 and rent roll) to power the simulation.
  • Avoid small deals with incomplete shoebox financials because you need usable, reasonably complete data for the exercise.
ADVICE

Get Broker Permission Before Deep Diligence

  • Get the broker's verbal and written agreement to proceed under the provided financials before you dig deep.
  • Use a modified 10-minute offer conversation then capture permission in an email or LOI that ties price to disclosed NOI and cap rate.
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