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How do you become a full-time investor who owns more than 1,000 doors by the age of 27?According to Adrian Salazar, the secret is having the guts to go out and be different.Adrian started wholesaling SFHs as a freshman in college and closed on his first apartment building as a sophomore. Today, he is Managing Member at Two Ten Management, and he controls $8.8M in multifamily assets.On this episode of the podcast, Adrian joins Garrett and me to explain how the sales skills he developed early on help him succeed as a young real estate entrepreneur.Adrian shares the wholesaling strategies he uses to find off-market deals and describes his approach to building rapport with owners.Listen in for Adrian’s advice on putting yourself in the right rooms and learn to take action on YOUR real estate investing goals—no matter how young or old you are!For full episode show notes visit: https://themichaelblank.com/podcasts/session345/
Running a business is never just about the business. Being a successful entrepreneur means finding balance between your personal and professional life. But if you want your relationship to work, you need a partner who energizes you. Someone who helps you become the best version of yourself. So, how does a real estate investor build a fulfilling family life? How do you successfully navigate marriage, parenthood and business?On this episode of Financial Freedom with Real Estate Investing, Garrett sits down with me and my wife Vivian to find out what makes our 25-year marriage work.Vivian and I explain why we struggled with working on the business together and how we set boundaries around work and family time.Listen in to understand why we decided to homeschool our kids and learn how we set goals as a family to live intentionally, in alignment with our values!For full episode show notes visit: https://themichaelblank.com/podcasts/session345/
One of the beautiful things about investing in real estate is its tax benefits. And the 1031 exchange is a common strategy we use to avoid paying capital gains.But most of us haven’t studied IRC Section 1031 enough to know ALL the ways we can use the tax code to reinvest our real estate profits—rather than handing them over to Uncle Sam.Dave Foster is the 1031 exchange expert, qualified intermediary and tax strategist behind The 1031 Investor, a platform that helps investors build and preserve real estate wealth.Dave has supported thousands of investors in achieving financial freedom by maximizing their reinvestment opportunities.On this episode of Financial Freedom with Real Estate Investing, Dave joins Garrett to discuss the rules for doing a 1031 exchange in a syndication and describe what to look for in a qualified intermediary or QI.Dave shares his top strategies for buying time in a like-kind exchange and walks us through the tax benefits of converting an investment property into your primary residence.Listen in to understand the common mistakes investors make in a 1031 exchange and learn how to make the most of the tax code and accelerate your path to financial freedom with real estate!For full episode show notes visit: https://themichaelblank.com/podcasts/session344/
Owning class D properties in neighborhoods plagued by gang violence, prostitution and drug abuse is not easy. But it does give an owner-operator the street smarts to keep themselves, their employees and properties safe. And it makes for some pretty crazy stories!On this episode of Financial Freedom with Real Estate Investing, Garrett follows up on his previous solo episode with more stories from his experience as an investor in Chicago’s most dangerous neighborhoods.Garrett discusses what he did to prevent theft at vacant multifamily properties and describes how firing a maintenance worker nearly caused a gang war at one of his buildings.Listen in for the story of how Garrett’s maintenance team caught a killer and find out what it’s like to collect rent at night not too far from Chicago’s infamous O Block.For full episode show notes visit: https://themichaelblank.com/podcasts/session343/
All CPAs are not created equal. And if you’re working with an accountant who doesn’t understand real estate tax strategy, you may be leaving tens of thousands of dollars on the table.Thomas Castelli, CPA, CFP, is Partner at Hall CPA, an entrepreneurial accounting firm that helps real estate investors minimize tax and maximize profit.Out of college, Thomas landed a ‘dream job’ at a traditional accounting firm but soon realized he wasn’t on the path to the lifestyle he wanted. To achieve financial freedom, he built a portfolio of passive investments in apartment buildings before participating in his first deal as an active partner.On this episode of Financial Freedom with Real Estate Investing, Thomas joins Garrett and me to discuss why he chose to put his money in multifamily over other investments.Thomas offers a high-level overview of how the taxation of real estate works, explaining who benefits from bonus depreciation and why we can report a loss despite earning substantial cashflow.Listen in for Thomas’ top strategies for deferring capital gains and find out why tax planning is so important for real estate investors!For full episode show notes visit: https://themichaelblank.com/podcasts/session343/
In the spring of 2020, store shelves were empty. And supply chain issues have disrupted businesses of all kinds ever since—including real estate.But what, exactly, is causing these problems in the supply chain? And when will things get back to normal?Jeff Davis is both a supply chain expert and real estate investor, serving as a senior sales executive for a Fortune 100 global logistics firm and Managing Partner at Bridgestone Holdings, where he has built a portfolio of 952 units.On this episode of Financial Freedom with Real Estate Investing, Jeff joins Garrett and me to explain what is causing our ongoing supply chain issues and why things haven’t normalized since the pandemic.Jeff discusses how rising interest rates impact the supply chain and shares his take on when construction costs might return to pre-COVID levels.Listen in for Jeff’s insight on underwriting deals in the current economic environment and learn how to navigate supply chain concerns as a multifamily investor.For full episode show notes visit: https://themichaelblank.com/podcasts/session342/
When you’re a new real estate syndicator with a smaller network, you can keep track of investors with a spreadsheet and work through the process of raising money manually.But as you grow your investor database, it becomes more and more tedious to do things this way.The good news is, you can leverage investor management software to automate the process of drafting legal documents and wiring money, saving yourself and your investors a lot of time and trouble.So, how do you choose an investor portal that’s the right fit for you and your syndication business?Perry Zheng is Founder and CEO of Cash Flow Portal, a real estate syndication platform that helps syndicators streamline the process of raising equity, automate operations and attract more investors.Perry began his career as a software engineer, taking on roles at Twitter, Amazon and Lyft. He has also acted as lead sponsor on three apartment syndications, raising $20M to build a portfolio of 850 units.On this episode of Financial Freedom with Real Estate Investing, Perry joins Garrett and me to explain how his frustrations with the process of raising capital inspired the creation of Cash Flow Portal.Perry discusses how GPs and LPs alike benefit from using an investor management platform and describes what differentiates Cash Flow Portal from other syndication software on the market.Listen in for Perry’s insight on vetting investor management software and find out if Cash Flow Portal is the right long-term partner for you!For full episode show notes visit: https://themichaelblank.com/podcasts/session340/
Michael Flight used to be a crypto-skeptic. But as he learned more about the blockchain and its potential to make real estate more accessible to a wider audience, he became a crypto-innovator.Today, Michael is CEO of Liberty Real Estate Fund LLC, the world’s first net lease security token fund. With 34 years of investing experience, he is leveraging the blockchain to tokenize ownership of high-quality commercial real estate.On this episode of Financial Freedom with Real Estate Investing, Michael joins me to explain how his beliefs around freedom drew him to blockchain technology.Michael describes the connections between real estate and the blockchain, discussing how it makes syndications more accessible and solves the liquidity problem in multifamily investing.Listen in to understand how the SEC governs tokenized real estate deals and learn how to take the first steps in offering a multifamily syndication on the blockchain.For full episode show notes visit: https://themichaelblank.com/podcasts/session341/
No matter what asset class you want to invest in, creativity is key—especially if you don’t have a rich uncle to help you get started!You just have to stop asking yourself, ‘Can I do this?’ And start asking yourself, ‘How can I do this?’Christian Osgood left his sales job with CoStar Group to become a full-time investor at age 29. And in the last 18 months, he leveraged creative financing to build a portfolio of 95 units.Today, he is Cofounder of Multifamily Strategy, a platform that helps others achieve financial freedom with real estate and take back control of their lives.On this episode of Financial Freedom with Real Estate Investing, Christian joins Garrett and me to discuss his top creative strategies for buying property, challenging us to think beyond price when we negotiate a deal.Christian walks us through the fundamentals of seller financing, explaining how he introduces himself to property owners and why he focuses on understanding their goals to build a strong relationship.Listen in for Christian’s insight on using Google Maps to ‘drive for dollars’ and learn his formula for finding creative ways to close a real estate deal.For full episode show notes visit: https://themichaelblank.com/podcasts/session338/
When I got started in multifamily, I was much too hands-off with property managers. Yes, I reviewed the numbers, but otherwise, I stayed away and simply let them manage everything.Then I realized that experienced syndicators are much more actively involved with their property management companies, and we started to build more collaborative relationships.So, where is the sweet spot between too hands-off and too involved? What does a healthy relationship between property managers and ownership groups look like?Nathan Ridgeway is Regional Vice President at First Communities, one of the nation’s most successful property management companies.Founded in 1978, FCM has managed over 200K units in 100K communities, growing their market reach to include Washington DC, Dallas, Austin, Houston, Atlanta, Charlotte and Nashville.On this episode of Financial Freedom with Real Estate Investing, Nathan joins Garrett and me to discuss the relationship between property management companies and ownership groups.Nathan explains what differentiates FCM from other property management companies, describing his team’s approach to building a deep bench in a given market and managing expectations with ownership groups.Listen in for Nathan's advice on vetting a property manager and learn how to strike the right balance between trusting your management team and verifying their performance.For full episode show notes visit: https://themichaelblank.com/podcasts/session337/
Think you need an Ivy League education or 20 years of experience on Wall Street to set up a fund? Think again! Once you've done a handful of syndications, you can easily launch a fund of your own and simplify the process of raising money for multiple real estate deals. Bridger Pennington is Cofounder and CEO of Fund Launch, an education platform that helps aspiring fund managers launch, build and scale a fund. Fund Launch has served more than 20K students with its hundreds of videos and dozens of downloadable assets. Bridger also serves as Founder of Black Bridge Holdings, where he established multiple funds and facilitated more than 326 transactions across a variety of industries. On this episode of Financial Freedom with Real Estate Investing, Bridger joins Garrett and me to discuss what differentiates a real estate syndication from a fund, describing when it's appropriate to start raising capital through a fund and how the process changes. Bridger walks us through the pros and cons of raising money with a fund, explaining how it allows you to scale your business faster and close on a good deal more quickly. Listen in for Bridger's insight on generating excitement around investing in a fund and find out how to launch a fund of your own and raise a huge pool of capital from investors for real estate deals! For full episode show notes visit: http://www.themichaelblank.com/session336/
Investor relations is not about selling a deal. It’s about getting to know individual investors and solving their problems. But what does that look like in practice? How do you connect with potential LPs and educate them around the benefits of investing in multifamily syndications? Travis Watts is Director of Investor Education at Ashcroft Capital. He got his start in real estate in 2009, investing in single family and short-term rentals. Travis became a passive investor with Ashcroft several years ago and was so impressed with their performance that he offered to join the Investor Relations Team in 2019. On this episode of Financial Freedom with Real Estate Investing, Travis joins Garrett and me to explain why he transitioned from active investing in single family to passive investing in syndications. Travis describes how he attracts new investors at Ashcroft and walks us through the pros and cons of raising capital through a fund. Listen in for Travis’ best practices for taking care of investors and learn how to serve your LPs and solve their problems to grow your syndication business. For full episode show notes visit: http://www.themichaelblank.com/session335/
Proximity is power. But how do you get in front of successful people when you're struggling yourself? Sterling Griffin was homeless when he made the decision to surround himself with the people he wanted to become. Then he found creative ways to add value so they'd want to be friends. And in just two years, Sterling went from living in his Honda Accord to making $1.68M. Today, Sterling serves as Founder of Life Changer Academy and Sterling Capital, a real estate firm that provides high-net-worth individuals with access to tax-advantaged investments. On this episode of Financial Freedom with Real Estate Investing, Sterling joins cohost Garrett Lynch to share his journey to becoming a millionaire, explaining how he borrowed money and sold his car to invest in a mentor and why he's committed to inspiring others to see more for themselves too. Sterling describes his transition from fitness trainer to business coach to real estate investor, discussing his decision to focus on triple net lease investing and the tax advantages of accelerated depreciation. Listen in for Sterling's insight on finding the right people to learn from and learn creative ways to add value to high-profile people who will help you grow to the next level of success! For full episode show notes visit: http://www.themichaelblank.com/session334/
The lack of affordable housing is a big problem in the US. And most developers shy away from these projects because it’s hard to make money. But Alvin ‘Hope’ Johnson is not most developers. He’s found a way to innovate in the affordable housing space and ‘do good while doing good.’ Alvin is President of the Hope Housing Foundation, a nonprofit positioned to be one of the country’s most effective affordable workforce housing organizations. He also serves as CEO of Multifamily Monopoly, an education platform for real estate developers interested in the process of multifamily development and ownership. On this episode of Financial Freedom with Real Estate Investing, Alvin joins Garrett and me to discuss his journey from painting houses to $225M multifamily entrepreneur and describe the tenacity it took to find a mentor in the space. Alvin shares his successes in affordable housing so far, explaining how he’s turning neighborhoods around, building sustainable workforce housing developments, and making a profit in the process. Listen in for Alvin’s insight on pursuing a mission-driven business and learn how to leverage innovation to make money building naturally occurring affordable housing. For full episode show notes visit: http://www.themichaelblank.com/session333/
As real estate investors, we spend years building up generational wealth. But a single lawsuit can tear it all down. So, how do we put the right asset protection measures in place? Garrett Sutton is the corporate attorney and asset protection expert behind Corporate Direct, a firm that helps entrepreneurs and investors protect their assets, maintain their privacy and achieve their financial goals. Garrett is also one of Robert Kiyosaki’s Rich Dad Advisors and the bestselling author of several books, including his new release, Veil Not Fail: Protecting Your Personal Assets from Business Attacks. On this episode of Financial Freedom with Real Estate Investing, Garrett joins cohost Garrett Lynch and me to explain why asset protection is crucial for real estate investors at all levels. Garrett discusses why an LLC is the best way for syndicators and apartment owners to structure a business and walks us through the most common mistakes people make when it comes to asset protection. Listen in for Garrett’s advice on what insurance you need as a real estate investor and learn what steps you can take to protect both your personal assets and property from lawsuits. For full episode show notes visit: http://www.themichaelblank.com/session332/
For 20 years, Adam Mitchell has been dreaming of a multifamily portfolio. But without the confidence or the know-how to invest in apartments, he started with single family. A decade ago, Adam joined forces with his friend Lance Doty, and they became the Home Buying Guys, scaling a successful single family investing business that runs on autopilot. But in 2021, Adam took action on his vision of moving into the multifamily space and invited Lance to join him in the transition. They became the Apartment Buying Guys, and within 35 days, they had 225 units under contract. In just 10 months, Adam and Lance have raised over $2M and acquired 731 units. Both have achieved financial freedom, and they are well on their way to the goal of 1,000 doors in five years. On this episode of Financial Freedom with Real Estate Investing, Adam and Lance join Garrett and me to explain why it took them so long to make the move to multifamily and how they overcame their lack of experience to break into the space. Adam and Lance discuss the value of hiring a mentor, describing how they might have accelerated their journey by getting support sooner and why they’re focusing on scale from Day One. Listen in for insight on what makes Lance and Adam’s partnership work and learn how to make the leap from single family to apartment building investing—and achieve financial freedom in three years or less! For full episode show notes visit: http://www.themichaelblank.com/session331/
When we started investing in multifamily, we relied on property managers to handle construction. As the business grew, we hired GCs to run construction projects with little oversight on our part. And got very mixed results. That’s when we realized that if we wanted to scale our multifamily portfolio, we needed an in-house team. But how do you build a construction arm for your real estate business? Jorge Abreu is Cofounder and CEO of Elevate Commercial Investment Group, a multifamily firm based in Dallas, Texas, and Founder of JNT Construction, the in-house construction arm of Elevate CIG. With 15 years of experience in real estate, Jorge has acquired a portfolio of nearly 7,000 units worth more than $500M. On this episode of Financial Freedom with Real Estate Investing, Jorge explains why he started his own construction company and how JNT gives Elevate a competitive advantage. Jorge walks us through the process he used to build an in-house construction business, describing what he looks for in a project manager and how he leverages software to hold the team accountable. Listen in for Jorge’s insight on the importance of construction contracts and learn how an in-house construction team can help YOU scale your syndication business! For full episode show notes visit: http://www.themichaelblank.com/session330/
Not everyone who wants to be a real estate investor sticks with it long enough to be successful. But if you apply a sales mindset to multifamily investing, you will be able to take the initial rejection and keep pushing. Because as Eric Chadderdon says, ‘The only time you lose in this business is if you quit.’ Eric is Managing Partner at Gibby’s Capital Investments, a boutique firm that helps investors diversify their portfolios with commercial real estate. He got into multifamily in December of 2020 and has amassed a portfolio of 724 units in just 18 months! Prior to founding Gibby’s, Eric spent 12 years in the sales industry, and he leverages the skills he learned there to build relationships in the multifamily space. On this episode of Financial Freedom with Real Estate Investing, Eric joins Garrett and me to explain why he quit his W-2 job after his first multifamily deal and explore how the skills he learned in sales translate to real estate. Eric discusses what he did to build relational capital in the real estate space, challenging us to put ourselves in the right rooms and add value any way we can—without asking for compensation. Listen in for Eric’s insight on underwriting in an uncertain market environment and learn how a sales mindset can help YOU scale a multifamily portfolio and quit your 9-to-5 with real estate! For full episode show notes visit: http://www.themichaelblank.com/session329/
According to the mainstream media, the sky is falling in the real estate market. But is that entirely true? While no one can predict exactly what will happen in the global economy or how it might impact real estate, Robert Helms is a student of the markets. And he can tell us how to prepare for the change that’s coming our way. Robert is Founder and Host of the top-rated Real Estate Guys Radio Show. He has 18 years of experience working in a real estate brokerage with his dad, Bob ‘the Godfather of Real Estate’ Helms, and has been involved in development projects worth more than $300M. On this episode of Financial Freedom with Real Estate Investing, we're sharing the replay of Robert’s talk at Deal Maker Live, where he explains why the mainstream media doesn’t get the real estate markets right and why investors like us need to pay attention anyway. Robert walks us through a SWOT analysis of the real estate market, describing the current opportunities and threats to multifamily investors. Listen in for Robert’s insight around the purchasing power of the US dollar and learn how apartment building investors like YOU can prepare for a fundamental change to the economy and thrive regardless of the circumstances! For full episode show notes visit: http://www.themichaelblank.com/session328/
There aren't a lot of women in the real estate investing business, in part because there are so few female role models. But if you can see it, you can be it. So, we brought together a panel of powerhouse women entrepreneurs this past June at Deal Maker Live to share their experiences and encourage other aspiring investors, men and women alike. Our panelists included Savannah Arroyo, Founder and CEO of Networth Nurse, Julie Holly, Founder of Three Keys Investments and Host of The Conscious Investor Podcast, Veena Jetti, Founding Partner at Vive Funds, and Liz Faircloth, Cofounder of the DeRosa Group and Cocreator of The Real Estate InvestHER Community. On this episode of Financial Freedom with Real Estate Investing, we're sharing the replay of the Women in Real Estate panel discussion from Deal Maker Live, exploring some of the biggest obstacles Savannah, Julie, Holly and Liz faced as entrepreneurs and what they did to overcome those challenges and become successful multifamily investors. Our panelists discuss how to create work-life balance as a woman in real estate, offering advice around creating a support system and getting on the same page with your partner. Listen in for insight into the surprising skills you need to be an effective entrepreneur and get Savannah, Julie, Holly and Liz’s advice on the mindset you need to build a thriving real estate investing business! For full episode show notes visit: http://www.themichaelblank.com/session327/
Comments (5)

Jonathan Dale

wealth ability

Oct 18th
Reply

Linda Govan

Michael Blank, what book could I use to better understand doing my own underwriting to better see cash per forma?

Jul 29th
Reply

Linda Govan

Great content

Jul 29th
Reply

Sara Dumont

really needed to hear this today thank you!

Jul 28th
Reply

Chris Williams

Contact info for

Dec 28th
Reply
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