Most people want to make a significant impact on the world but few have the means to do it. Financial freedom is, in many ways, a precursor to significance. It allows you to do things that you simply can’t do if you’re stuck living from paycheck to paycheck. Apartment investor Michael Blank made his realization after reading the book Rich Dad, Poor Dad, and he made it his mission to get financial freedom. It took him ten years after leaving his job and venturing into real estate to be where he is today and call himself financially free. He is investing in apartment buildings and wants to help others attain the financial freedom he has right now! Stay tuned and know the importance of financial freedom to you and other people around you!
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Precursor To Significance: Why We Need Financial Freedom To Make A Difference On The World With Michael Blank
I am delighted now to have Michael Blank with us. Let me tell you a little bit about him. This is exciting because whenever I get the chance to speak with a real estate investor, it’s right up my alley. It’s stuff I love to hear about and love to do. He and I were talking. He’s from Virginia, originally outside of Washington, DC, right up the road from where I’m at technically 30 miles.
He’s a real estate investor and the best-selling author of Financial Freedom with Real Estate Investing, so you want to read it. He’s a speaker and leading authority on apartment investing in the United States. He’s the CEO of Nighthawk Equity. I have a company called Black Fox Investments. He’s the host of the Financial Freedom with Real Estate Investing Podcast. Welcome to the show, Michael. We’re so delighted to have you here.
It’s good to be here.
Let’s dig in on how you got started. You, I and most of our readers know is that there’s a lot of want to be investors. There’s a lot of money spent on going to classes, courses, gurus, all that, and no action is taken. Give us an idea of how you got started in this.
I read Rich Dad Poor Dad in 2004. I always considered myself a relatively smart person until I read that book. I was like, “I’m such an idiot.” It doesn’t matter how much money you have in the bank or your salary. It matters how much passive income you have. I had zero. I had maybe pennies, but none to speak of, which shook me to the core.
The problem with The Little Purple Book is that it doesn’t tell you how to get financial freedom. It uses words like real estate investing, cashflow business and that’s about the extent of it. The reader’s left to figure out, “How am I going to do it?” When I read that book, I made it my mission to get this financial freedom and I did a bunch of stuff to try to get it. It took me ten years to figure it out. In the meantime, I lost everything I had, almost my house in the pursuit of it.
At the time, I had a bunch of money because I was part of a software IPO. The company I joined in the late ‘90s had a software IPO that put a bunch of money in my pocket. Therefore I had a runway to experiment with. I learned how to trade stocks and options. I flipped a couple of houses. I took an apartment bootcamp even in 2006, but my big idea was restaurants because of the Five Guys Burgers guys. They came from Boulder, Virginia. I was around some of those franchises and they’re like, “You’ll hire a guy and you’re printing money.” I’m like, “I want to print money. This is great.”
Five Guys was sold out at the time, so I got into a pizza franchise. I was like, “This is it. This is my ticket to financial freedom.” I went all in and it went great for about two and a half years until the recession came and that changed everything. It kicked my butt pretty bad. I was in a pretty deep hole and then I remembered the real estate investing stuff and started flipping houses, raising money to flip the houses. This was in PG county in DC, a little bit of Baltimore.
That was the journey until I accidentally got into an apartment building in 2011. One of my flipper wholesalers got me this deal. A real estate agent listed it and I ended up buying it. That was my first syndication where you get money from investors. I had five investors and I bought this thing. It was a nightmare. I immediately regretted getting into it because I had a professional tenant in there who had made my life miserable hell.
It took me about 12 to 18 months to stabilize that and then I went on happily flipping houses. One day, I was like, “This is insane.” I’m trying to get out of these restaurants. I’m flipping houses, working 80 hours a week. I’m like, “This is nothing passive around any of this stuff. There’s a cashflow business in real estate and I’m killing myself.”
[bctt tweet=”Financial freedom is to a large extent, a precursor to significance.” username=””]
It’s like running around the monopoly without the hotels.
There was no financial freedom in there at all until I was like, “Maybe I should stop selling houses, maybe hold on to them.” That sounds like a good idea. I was like, “I can maybe cashflow $150 a month per house. If I want $10,000 a month in income, I’m going to need a lot of houses.” I got done flipping three dozen. I’m like, “No, I’m not doing that. That is no way I am acutely in the portfolio of 50 houses.”
Finally, I was like, “I probably need more of these buildings and stop flipping these houses.” That’s when I mentally took a shift. At that point, I’m seven years into my journey. It wasted so much time, money, energy and it was a giant waste. Now, we have a much more direct path to financial freedom and it is with apartments. It surprises a lot of people because people think it’s an advanced strategy. You need a lot of money for it and it’s not true. We were using that as our platform to accelerate financial freedom, whether you’re an active investor or a passive investor.
You have partnerships that you’ve created. For some people, it’s an investment of money, others investment of time putting those apartments together. I know someone that is big in this, Grant Cardone. He’s doing this at the $50 million and $100 million level in apartment buildings, accumulating investors and doing all of that as well.
When you started doing this because apartment buildings are a different type of lending feature unless you’re able to pay cash for it by pulling all these people together, it’s a different type of lending. How did you embark on that? That’s not a boundary wall that people are hiccup but a speed bump that people run across as if they don’t have the experience in the commercial side.
Therefore, the banks tend to say, “You don’t have the experience in it but bring in another investor who has the experience and we’ll talk.” How did you get past that? That becomes the hurdle that most peoples then say, “This is too big for me. I probably shouldn’t be doing apartments. I’ll go back to the ones they choose and I’m an investor.”
The experience is not so much on the lending side as much as a lack of belief side like, “I don’t have the experience. Therefore, I can’t do it.” When you get to commercial real estate, the lenders, as you know, typically tend to underwrite more of the actual commercial real estate and less who the people are offering it.
Do they look at your credit score? Yes, they do. Do they look at your net worth? Yes. If you don’t have the net worth and liquidity requirements, is it possible that you won’t qualify for the loan? Yes, but it’s easy to fix in that perspective because you can partner with people. There are plenty of people who are high net worth individuals who will simply sign on the mortgage on the note with you because the risk is so low. A lot of these loans are non-recourse. You don’t have to personally guarantee them. If something were to go bad, the guarantors are not going to lose their house, cars, kids and their dogs. They’re going to take the building back versus a house. You’re personally guaranteeing a mortgage on the house.
If I’m co-signing with some knucklehead, I’m like, “I’m not so sure, but on personal property, a lot would have to go wrong and they would have to be fraud committed for someone to go after you personally.” The risk factor is a lot lower on the lending side, but it’s more on the belief side is the issue because a lot of people think, “There’s this building. I need all this money and all these all experiences. Let me invest for 5 to 10 years in single-family houses and then I’ll take that real estate, experience, the money I make and I’ll graduate.” Not a bad plan, but it’s an unnecessary plan.
I love that you’re saying that because those that are reading this are saying, “How can I make an impact in my business, my life and help others as well?” I want to ask you a couple of other questions relative to what propels you to do this. I understand that you wanted Rich Dad Poor Dad. Sharon Lechter’s a very good friend of mine who wrote the book. I know that we all want this financial freedom. I consider flipping houses to be the S on the left side because you’re trading time for money.
You always have to be hunting for the deal and that’s why we’ve always done buy and hold for that very reason. I know that you want that financial freedom, but there’s got to be another passion deeply embedded into why you want to serve underserved people in the apartment building or rental area. Why do you want to be a landlord? I do think that it’s a mindset. You can’t want the money. You’ll hate it.
It started that way. When I read The Purple Book, in my mind, it was about money. Yes, I was trying to take care of my family, but it’s an extension to me. That’s where it started. Anytime you think about it’s about money, it’s a superficial why. It’s not going to get you through the difficult times that you have. For me, I was fixated on this $10,000 per month. I never bothered to ask the question, so what? You have this money so much, great. Good for you, but now what? This is something I had to learn and I only learned this at the depth of my misery, like in 2012, when my restaurants were losing $20,000 a month. I’m sitting in the corner, sucking my thumb. I’m like, “Why am I here? Why am I on this green earth?”
I have a conversation with God. I’m like, “Why did you put me here? You made me quit my job and now I’m in this position.” I got a very strong impression that I was to share with others my journey to financial freedom, as misguided as it was, and figure out the most more direct path because my conclusion was that financial freedom is to a large extent a precursor to significance. Meaning that if you are working 60 hours a week, it’s difficult for you to figure out your purpose in life and, more importantly, take action towards that purpose.
A lot of times, especially in the beginning, that your purpose is not going to be a moneymaker. That’s why we have jobs that we maybe don’t like as much, but our purposes over here are being a school teacher, doing nonprofit work, inner-city work or whatever the passion is. Art, I don’t care whatever it is, but I can’t do it because I have to provide for my family, which frustrates people.
My part of the solution is let’s help people become financially free with something that gets you financially free in 1 to 2 years and that has the widest application to people, regardless of who you are, what your background is, what your recess is or who you know, or any of that. That is apartment buildings. It’s a surprising thing because people are like, “That’s a super-advanced strategy.” It’s not nearly as advanced as you think it is.
It became something for you is, how can I make a significance in the world? It’s funny because that’s exactly what my whole path has been. What we do is we learn, earn, and want to return somehow. If we earn in a great way and use our money smart, we invest everything we’ve earned smart, and we don’t buy $70,000 watches and accumulate. We have the opportunity to give back to people in another way. I want to ask you a couple of questions about your book. What do you think is the best advice you’re giving in the book?
I’m reading this blog post and I’m going, “He’s saying that this is easier. It can’t be that easy. I know you’re saying it. I hear that a lot from a lot of people.” Let’s say I have $10,000. Can I do anything or do I have to have $100,000 because now someone’s reading and they’re thinking, “I’m going to make this difference and this change in my life?” What do I need? Thinking about the book and that question at the same time about the book, what’s the number one advice you want to give to someone?
The number one piece of advice is strongly considering investing in apartment buildings. The two main objections I hear from people is, “This is great, Michael. I get the cashflow, the wealth, the tax benefits. I don’t have the money and experience.” It boils down to that. The first part of the book deals with that straight on, because I can teach you how to analyze deals, find deals, and talk to brokers, but you’re not listening to me because you can’t move past that.
I can tell you that it’s surprising how quickly you can overcome both of those things. It is shocking to people. Meaning that the money part you can overcome by raising money from individuals and these individuals have a problem, which is called a stock market. They invest in a stock market and they’re frustrated by their inability to plan long-term because of the volatility. They can’t get cashflow from it. They can’t become financially free. Linear and I paid too much taxes.
Real estate syndications solve all those. Once you know how it works, all you’re doing is you’re educating people around you. These investors with money will lean in because those are exactly the three problems they’re struggling with on the financial side, and you appear to have a solution. It’s a matter of educating people. In doing, you’re adding value to people. You’re not begging them for money. I’m saying that raising capital is surprisingly easy, especially in this environment where there is so much cash.
[bctt tweet=”You need education anytime you pick up anything else.” username=””]
There is so little being paid with the cash that people are looking for other vehicles. From my perspective, unfortunately, they’re all jumping into Bitcoin because they hear that’s cool and NFTs. All those are wonderful. I have both but a little bit of both, not a lot of both.
The second objection is experience. “I don’t have the experience.” This is where people say, “Let me flip a house. Let me landlord a little bit to get some experience.” It’s not a bad plan, it’s better than 98% of other Americans, but it’s unnecessary. In other words, what you need to a peer more experience is you need to educate yourself a little bit. You’re using the right language and you’re delivering it with some amount of confidence. You need a little education, but you need education anytime you pick up anything else. You’ve got to use the right word.
When you talk to people, they only go, “He’s not a newbie. He seems to know what he’s talking about.” Number two, which is different from single-family houses, is you have to build a team. You have a lender, property manager, attorney, and a CPA on your team. When you call brokers or talk to investors, you talk to them in terms of your team, so now the focus is not on you and your lack of experience. It’s much more on your team.
If you’re a property manager, for example, who manages those 5,000 units, while you’re talking about your manager who manages 5,000 units, not me, who has never done a deal before. If I am a lender, they have done $1 billion of loans. They’re not even talking about me and now they’re like, “You’re pretty serious.” You’re using the right words.
You’re going, “I’m seriously not experienced. I’m afraid.”
What I’m saying is you can overcome both your lack of money and your experience within a matter of 60 to 90 days. You have a degree of confidence. You have learned the art and science of raising capital, and now you can buy an apartment building. You’ve got to pick your favorite size. If it’s a duplex, buy a duplex. If it’s a 50 unit, buy a 50 unit. At the end of the day, it doesn’t matter because of the progression of the deals.
It’s a lot of return. I was going to say diminishing return. I didn’t mean to say the law of diminishing return, but it’s compounding. It’s scalability. I’m going to go back to the question, how much money does someone need to do this? If you’re doing a duplex and you’re doing a duplex in Baltimore near the inner city, you probably could get away with $10,000 plus maybe another investor to help you.
Pick your favorite entry point. I said it doesn’t matter because the law of the first deal is something I coined in the book. It’s a fascinating phenomenon because of the progression of the deal, if you buy a duplex, the second deal is going to be around ten units. The third deal will be around 25 units, and the fourth deal will be between 50 and 100. This is for a variety of different reasons. I’ve not found a single exception to the rule as long as you approach a duplex from a multifamily mindset because there are a lot of landlords who buy a duplex, even quad, because they have a single-family mindset
The point is you’ve got to pick your favorite entry point. Once you wrap your head around the fact that you can buy something with other people’s money, if you can do that, it’s a matter of how many people you can talk into investing with you. If it’s two people, you get $100,000. What can you buy with that? You buy that.
You might be able to talk to five people like I was able to do, and that’s $250,000. I can buy a $1 million building and it’s a twelve-unit in DC. You can joint venture with people. Let’s say you have a deal. Someone like you hates the idea of finding and analyzing deals because they hate spreadsheets. What they love are relationships and networking.
They’re focusing on raising capital and their biggest problem is they don’t have the deal. There are people like that out there. If you have a deal, 50 units, 75 units, you need $3 million. There are guaranteed 1 or 2 people that are dying for a deal that you might have. Therefore, why limit yourself to a duplex when you know you’re one relationship away from a 50 or 100 unit.
It’s like go big or go home. If you’re going to spend the time and energy, do it. I don’t know that this is big, but our first multifamily was nine units and we thought, “We’ve arrived.” We buy 9 units and we went to 21. That’s exactly what you’re saying. There seems to be some type of progression. I have a couple of questions about what you’re seeing in the market right now. We’ve seen what a lot of people coin as a softening in the market. I don’t see that. I see it as going back to normal after what happened with COVID-19, but we also have forbearance issues.
There are a lot of single families that could be potentially coming up for some type of foreclosure. I know me as an investor. I’m getting myself prepped to be able to walk into that market. I bought an auction house in Illinois. We’re in the process of reselling that. I’m holding the note, passive income. What do you see in the multifamily market or apartment building market coming? What have you seen over 2020, and what do you see as what’s coming up? I know that some people may be thinking, “Is it too late?” I’m asking the questions they’re thinking.
One of the things that I like about multifamilies specifically is how recession-proof it is. If you look at the way it performed in 2008, it was amazing how low the default rate was in 2008 for multifamily buildings. COVID-19 was a fantastic test of the asset class. In April 2020, we were sitting there biting our nails, going, “What’s going to happen. Are people going to stop paying rent because of the eviction moratorium?” What was interesting is they didn’t stop paying. They chose to pay. It’s because of the uncertainty in the world around their health and their jobs. The one thing they can control is their housing. They pay the rent.
There’s always a portion of people who can’t pay the rent in any market. That’s different. The majority of tenants paid their rent. It was surprising in April, May and June 2021 to see collections be very consistent with what we had before. We had to change the way we had to communicate with tenants. We had to remind them that they owed rent even though we couldn’t evict them, that once we could, we would go after them and they needed to pay it. I’m like, “I didn’t know that.”
It’s like forbearance. A lot of people don’t know that’s going to happen too.
The government stroked a bunch of checks to everybody and then there are these PPP loans, which we got some benefit of that. There are direct loans where the government pays people’s backgrounds. We got tens of thousands of dollars from the government directly to us for any background that the tenants may have owed. It’s staggering. Our collections were unbelievable. Coupled with this inflation we’ve had, our rents are up 10% across the portfolio. I don’t know if you’re seeing the same thing, but it’s amazing.
I’ve doubled the price on my Airbnbs.
You’re seeing it all over the place. Looking back, it was amazing how resilient the asset class was. The next question becomes, “That’s great, Michael. It seems like the prices are pretty high, which seemed to be some bubble. Should I wait for this one out?” This is exactly what happened in 2008, which was an actual bubble, but right now, I don’t think we’re a bubble because the fundamentals are completely different from those in 2008.
In 2008, you could buy a house, hold it for 21 days and sell it for $30,000 profit with nothing having changed whatsoever, except that everybody wanted to get into real estate. Now, the fundamentals have changed because we’re in an inflationary environment. Everything’s going up. Number two, due to that, I can’t build any more affordable housing because it’s too expensive. Someone who can’t afford more than $700 a month in rent is not going to go into some new apartment building that costs $2,000. That’s not going to happen.
[bctt tweet=”You need to build a team.” username=””]
There is limited supply in an ever-increasing demand for affordable housing, especially with COVID-19, when people started moving into the southern part of the country. You have a limited supply in Atlanta, Huntsville, Austin and everybody’s moving in this area. Prices are going to go up and people can afford it because their incomes have been going up also.
Therefore, as I’m looking into it, prices are going to continue going up. Maybe not as much in 2020. Maybe we’re only going to be at 4% or 5% inflation, but they’re going to go up nonetheless. The value of this real estate is with it, which is why I love real estate. It’s a great inflation hedge like gold, except that it has cashflow.
Thank you for sharing your thoughts on that. I agree with you too. That’s why I said, “I’m getting myself primed to go after.” I’m getting ourselves all of our docks in a row were creating some new LLCs. We’re doing all of the actionable items that we need to do to take action to grow our portfolio. The second thing I want to ask you about is commercial space because, with COVID-19, people have withdrawn from that. They’re not going back into it.
I know that it’s pretty inexpensive to get an office building if you want an office. What are your thoughts? Do you concur? What do you think about it? With the shortage of housing, we’re going to see a transition in commercial into converting it into apartment buildings and into different spaces. That’s going to open up a lot of doors. What are your thoughts on that?
We’ve already seen it with hotels, for example, Tysons Corner. They were converting the Sheraton into a luxury high-rise in the middle of Northern Virginia into apartments, senior living, that stuff. You’re seeing more of that. In fact, a part of the strategy, some of our students, for example. People have been converting hotels into apartments. These are especially ones that have kitchens in them, things of that nature.
We’re already starting to see some of that. The question is, sometimes you swing the pendulum too far over. Everybody’s moving into the suburbs. You go run in and buy a bunch of stuff in the suburbs. Three years later, we’re like, “I miss walking everywhere. I’m going to move back to the city.” You’re like, “Crap.” Converting stuff and changing the use of it. To me, it is an advanced strategy. You’ve got to understand zoning, permitting and all that stuff, but with a shortage of housing, it’s something that you need to look at for sure. You see them more than in 2020, never before.
I don’t necessarily suggest anyone reading that doesn’t have experience says, “I’ll go into doing that.” I’m thinking the conversion will be happening by the developers. The developers will start doing that and then we can buy those types of places. I’ve seen a lot of that. Even the malls, I’m now starting to see that that’s being transferred or transitioned and converted. Although, I think they need to be torn down and warehousing up instead because nobody’s going to the malls anymore, an interesting concept in there.
This has been fascinating because it’s something I like to look at, but this is where everything in my how is about the transition, taking action, learning, its professional and personal development. I know that you offer some classes for people. Tell us a little bit about the structure. If someone’s reading and says, “I want to get involved in this. I do want to take action. I have some cash and it’s been sitting dormant. This is a great way for me to get started and I can touch myself to Michael.”
I don’t want to sell anyone anything right now. The biggest thing is, like you said, educating yourself a little bit. Two great ways to do that is to look at the book and it’s called Financial Freedom With Real Estate Investing and the podcast has exactly the same name. Look into both because it gives you the foray into the whole world of real estate syndications. What I’m trying to do is I’m trying to lower the bar from people’s in their minds of how accessible this is. This is not an advanced strategy.
If you’re interested in investing, we have a report called What’s a Better Investment? The Stock Market or Real Estate? You know the answer to that already. In that report, we talk about syndication specifically. You’re not buying a townhouse, but you’re buying syndication. You’re passively investing. That’s at TheMichaelBlank.com/report. If you’re more passively minded, that’s probably the best entry point. Once you get like, “This is for me,” at that point, you can say, “Maybe I can invest more in my education and we have stuff for that as well.” That’s a little bit down the road. Education is probably the first step.
What you’re saying is, “Go to the pool and then assess before you hop in.” Before you even put a toe in, don’t come into the pool, which is what a lot of people do. This is the whole investor wannabe. They’re jumping into every type of thing that they hear about. They don’t always succeed in all of those things and say, “I’ve tried it.”
For example, my son is an options trader. That’s what he does and he has a company that coaches people on options trading. He firmly believes in it and he also owns a ton of real estate. It’s the diversification to be able to create the wealth that you’re looking for. As we tidy up our time right now, Michael tells us a little bit about your mantra. What do you want to leave us with? A mantra, quote, thoughts on how to achieve this financial freedom.
Take some time to create clarity for yourself. I’ve studied this now when you said, “Action taker, why do some people take action? Why don’t?” It’s because there was either great clarity or a lack of clarity. I was guilty of this myself. I read The Purple Book and I’m an action taker. I was like, “I’m going to take some action. I don’t care what it is as long as I’m taking action.” It would have been better if I had taken a little bit of time to think about what I was doing.
If I hadn’t played this forward, I thought about the restaurants and what’s involved, words, and the downside. Same thing for flipping houses, what’s involved? What lifestyle would this produce, even if I were successful? If I had not done any of that, I would have gone, “I don’t know what it is, but that’s not it.”
Therefore, clarity means, what do you want in your life? What do you not want? Financial freedom is one of those things. It’s not a dollar figure, though. It is an economic thing. Financial freedom, what does that mean to you? If you could achieve it, what difference would that make? How would that make you feel? What person would you become? What impact could you make?
When you become clear around that, it now gets you excited. You now are naturally propelled and want to take action because you’ve now tasted what that future might look like and now the action is inevitable. You’ve got to figure out the strategy to do, but it’s the clarity that most people don’t spend the time doing. A missing link between inaction and action is to create clarity for yourself.
I mentioned Sharon is a friend of mine. I’ve had the beautiful luxury of being on her ranch and learning The Cashflow Quadrant directly from the person who created it. I want to point out one of the things she says because you talked about this. By the way, I talk about clarity all the time. It’s the first C in the five Cs of Cracking The Top Producer Code that I do in my coaching. It’s about clarity. It’s like, “What do you want?”
The one thing that she said, and it’s so simple, but I want to bring it to the forefront because you’ve mentioned it so many times on this show, is that financial freedom for most people is a star in the skies, way high up there in the skies. This is why people don’t take action. Financial freedom is when your passive income is equal to or greater than your job. That’s financial freedom.
If you make $70,000 a year and you can replace the $70,000, that’s financial freedom. It doesn’t have to be millions. This is why people don’t have clarity and why they don’t take action. It’s so unattainable in their mindset because of the lack of clarity that they have to have millions. This is something that she’s now talking about all the time. She addresses this in her book. In her book about that, she’s wrestling with the devil or something like that and it’s about the evil of money.
[bctt tweet=”Real estate has cash flow.” username=””]
This is something that people need to understand is that, like you’re saying, you don’t need the advanced strategies. It’s just that simple. If you have that clarity of what financial freedom means to you, now what it means to Michael or to somebody else, it is so much easier to take action because the gap is not as big as you think it is. That’s why you’re saying people can get this financial freedom in 1 to 3 years.
That’s right because not only the cashflow but you get the fees from these acquisitions are called acquisition fees. It’s like a commission, but you don’t need a license for it. They can be substantial. There is 3% of the purchase price. If you syndicated a $1 million building, that’s $30,000. Here’s a rule of thumb, if you want $10,000 per month, buy $2 million apartment buildings every year, roughly, which is not much because you’re raising money and you have partners. $2 million a year and that’s $10,000 a month in income. A lot of people can do that in 12 to 18 months. It’s unbelievable and powerful.
I love that you said clarity. Thank you so much for doing that and it allows us to have that. You chop that right down in the most simple way. You even said, “To buy a $2 million place, I need $250,000. I need 5, 12, 2 people.” Whatever that number is, that’s what you want to go in and try to figure out if you want to buy that big one first. That’s wonderful.
Michael, thank you so much for sharing this. I am so excited. I hope that you’re sending me a copy of the book so I can read the book as well because I love learning all the time. I know that this is going to make a significant impact on people. What this show is all about is taking that action and knowing that these are the transitions you’re trying to do to make significance in your life, family, and the world if that’s what you’re trying to do. Thank you so much for embarking this information to us. We appreciate it.
Thank you for having me, Jen. Thank you for what you’re doing to mobilize your readers to take action. We need more of you.
Thank you very much. Everybody, you can connect with him and you can follow him. You can learn from him and thank you again for taking the time to read this blog post. Don’t forget to give us a great five-star rating, and please take the time to write a couple of sentences of a review. It keeps us going. I love watching and reading those reviews. Thank you for your time, Michael. I appreciate it so much. We’ll catch you on the next episode.
Important Links
- Financial Freedom with Real Estate Investing
- Nighthawk Equity
- Black Fox Investments
- Financial Freedom with Real Estate Investing Podcast
- Rich Dad Poor Dad
- The Little Purple Book
- Five Guys Burgers
- Tysons Corner
- Sheraton
- The Cashflow Quadrant
- TheMichaelBlank.com/Report
- Cracking The Top Producer Code
- https://LinkedIn.com/in/mblank1
- https://www.Facebook.com/TheMichaelBlank
- https://Twitter.com/TheMichaelBlank
- https://Instagram.com/TheMichaelBlank
- https://YouTube.com/user/ApartmentInvesting
- www.TheMichaelBlank.com/eBook
About Michael Blank
MICHAEL BLANK (Ashburn, Virginia, outside Washington DC) is a Real Estate Investor, Bestselling Author of “Financial Freedom with Real Estate Investing”, speaker, and leading authority on apartment investing in the United States. As the CEO of Nighthawk Equity, Host of the Financial Freedom with Real Estate Investing Podcast, and Columnist, Blank’s passionate about helping people become financially free in 1-3 years by investing in apartment building deals and raising money. Through his investing company, Nighthawk Equity, he controls $200M in multifamily real estate. In addition to his own investing activities, he’s helped students purchase over 9,500 units valued at close to $445M through his content and training programs.
Blank’s been interviewed by top real estate podcasts, including Bigger Pockets, Joe Fairless (Best Ever Show), Get Rich Education, Cashflow Ninja and many more. “The Michael Blank” blog has also been listed in the Top 25 Real Estate Investing Blogs (2018) by Leap Property Management and Top Online Resources for Learning Real Estate by Fit Small Business (2019).
Blank is a Contributor to FlipNerd, Home Business Magazine, and his work has been featured in USA TODAY magazine, MSN, Go Banking Rates, Thrive Global, Joe Fairless (Best Ever Show), Bigger Pockets, National Real Estate Investor, Home Business Magazine, and more.