Is fear holding you back from investing in multifamily?
Even seasoned investors like us deal with fear. The difference is, we don’t let it stop us from moving forward.
But how do you expand your comfort zone? How do you feel the fear and take action anyway?
On this episode of Financial Freedom with Real Estate Investing, Garrett and I sit down to explain why now is the right time to invest in multifamily and ‘be greedy when others are fearful.’
We discuss how we pulled off a refinance on a variable rate property (in just 25 days!) and offer advice on how to never run out of leads for raising capital.
Listen in to understand why new investors don’t have to start with single family strategies and learn how to expand your comfort zone to achieve financial freedom with multifamily real estate!
Key Takeaways
How we pulled off a refinance on a variable rate property
- Strong operations exceeded expectations by 10%
- Flew to negotiate with lending company owner
Why now is a good time to invest in multifamily
- Deal flow of distressed assets coming on market
- ‘Be greedy when others are fearful’
How to never run out of leads for new investors
- Ask existing investors for referrals
- Put everyone you meet on email newsletter list
Why aspiring investors don’t have to start with SFHs
- Not passive
- Takes too long to scale
Garrett’s take on how to expand your comfort zone
- Work with peers or partners
- Don’t be afraid of failure
Michael’s advice on how to expand your comfort zone
- Visit larger properties
- Build relationships with other people
- Work through your fear
Connect with Michael Blank
Apartment Investor Network Facebook Group
Email [email protected]
Resources
Explore Michael’s Mentoring Program
Learn More About Michael’s Deal Maker Blueprint
Join the Nighthawk Equity Investor Club
Schedule a Call with Michael’s Team
Review the Podcast on Apple Podcasts
Financial Freedom with Real Estate Investing by Michael Blank