MB 023: Go Big or Go Home: Get Your Mind Right – With Joe Fairless
How do you go from a few rentals to 168 and then 250 units? Joe Fairless says to think big or go home, but make sure you get your mind right first by following these 4 tips. Show notes at www.TheMichaelBlank.com/session23.
8 Awesomely Simple Ways to Maximize Your Apartment Building Profits
You’re probably already familiar with the power of commercial real estate. For example, if you’re able to increase rents by $50 and decrease expenses by $50 per unit per month and you have a 24-unit apartment building, you’ve increased the income of the property by $28,800 per year. Not that much, you say? It doesn’t […]
So You Want to Be a Real Estate Investor? Here’s What it REALLY Takes…
My wife texted this photo to me of a traffic light in Washington DC. What are you supposed to do with a mixed signal like that? It reminded me of a quote by Andy Stanley when he said that “direction, not intention, determines your destination.” How many times do we give ourselves mixed signals […]
Newbies: These 3 Simple Steps Will Prepare You For Your First Deal
How will you get the experience when no one will take you seriously? The answer: by faking it til you make it. Here’s how.
Why, What, and How To Communicate With Your Investors
While I wrote a lot about FINDING investors for (primarily) apartment building deals, I’ve not really discussed how to interact with your investors AFTER closing.
How to Know It’s Time to Walk Away From an Apartment Building Deal
But many times you DO uncover things during due diligence that you weren’t told about upfront or that you just didn’t know. Here are 4 tips to help you figure out when it’s time to walk away.
3 Things You Can Do To Expand Your Comfort Zone (So You Can Do Almost Anything!)
When I had my first 12-unit apartment building under contract, I was overwhelmed. This was a HUGE building to me, and I thought of the 134 things that could go wrong if I moved forward. Now, an interesting thing happened. In the 3rd week after ratification of the contract, after a site visit, talking with […]
63 Best Real Estate Blogs Of 2015
My friend Robbie Richards just completed this year’s “63 Best Real Estate Blogs of 2015”, and it’s sorted by category. It’s such a great resource that I wanted to pass it on to you. Everything you need all in one place – awesome! Plus, yours truly is listed under the categories “Real Estate Investment” and […]
8 Steps to Getting Started with Apartment Building Investing
In this video, I talk about 8 steps a newbie investor can take in the next three to six months to get started with apartment building investing.
MB 018: Unlocking Unlimited Investor Capital with IRA Money
Listen in as national speaker and educator John Bowens teaches how to use your investors’ IRA accounts to invest in your multifamily apartment deals. Learn what to do and what not to do and how to explain it in simple terms so that your investors say YES to investing in your deals!