324: Financially Free in Less Than 5 Years Through Apartment Investing With Michael Blank 01:39:29

    <p>Do you want to <a href="https://www.biggerpockets.com/renewsblog/2013/04/09/how-to-buy-a-small-multifamily-property/">invest in multifamily apartments</a> but feel intimidated by the process? If so, today’s episode is for you!</p><p>Brandon and David interview <strong>Michael Blank</strong>, an experienced multifamily investor/educator, who breaks down the seemingly daunting process into super simple steps.</p><p>Don’t miss Michael’s advice on how to get started in the space, how “the law of the first deal” will increase your odds of success, and how <a href="https://www.biggerpockets.com/renewsblog/2016/03/28/financial-freedom/">multifamily investing can lead to financial independence</a> in five years. You’ll also love learning common multifamily vocabulary, what an ideal property looks like, and how to develop relationships with potential investors.</p><p>Michael also shares incredible insight into how he built his empire, as well as his top two negotiating tactics and “three levers” to successfully negotiate a multifamily deal!</p><p>This is one of THE most informative shows we’ve ever done. Download it now!</p><p>In This Episode We Cover:</p><ul>

Links from the Show

• BiggerPockets Forums
• BiggerPockets Webinar
• BiggerPockets Podcast 066: Flips, Apartments, & Protecting Yourself From Professional Tenants with Michael Blank
• BiggerPockets Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant Cardone
• LoopNet
• BiggerPockets Bookstore

Books Mentioned in this Show

• Vivid Vision by Cameron Herold
• The ABCs of Real Estate Investing by Ken McElroy
• Rich Dad Poor Dad by Robert Kiyosaki
• How We Bought a 24-Unit Apartment Building for (Almost) No Money Down by Brandon Turner
• Raising Private Capital by Matt Faircloth
• The ONE Thing by Gary Keller
• The Miracle Morning by Hal Elrod
• Financial Freedom with Real Estate Investing by Michael Blank

Tweetable Topics:

• “The value of the first deal far outweighs any kind of money you can make from it.” (Tweet This!)
• “Nobody is rich on their first deal, but they’re rich because of their first deal.” (Tweet This!)
• “I’d rather do an 80/20 gigantic deal than 70/30 of nothing.” (Tweet This!)
• “Structure your deals based on who your investors are.” (Tweet This!)
• “Never take money unless you know what the heck you are doing.” (Tweet This!)
• “Always raise more money than you think you need.” (Tweet This!)

Connect with Michael

• Michael’s BiggerPockets Profile
• Michael’s Personal Website

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