SHOW NOTES

In this episode of the Financial Freedom with Real Estate Investing podcast, Michael Blank kicks off a brand-new 4-part series on the “4 Pillars of Apartment Investing Success.” This series will walk you through the essential steps to land your first multifamily deal in as little as 18 months. Today’s focus is on Pillar #1: Deal Ready.

Being “Deal Ready” is about more than just knowledge – it’s about building a team that gives you instant credibility with brokers and investors. Michael explains why having managers, lenders, and partners on your team is key to making serious progress. He shares practical steps to establish your team and look like a pro from day one. If you’re aiming to go beyond single-family properties and make a real impact in multifamily, start with this first step.

Key Takeaways

Why Being Deal Ready is Essential

  • Being “Deal Ready” is the foundation of apartment investing success. Without a team, you’ll struggle to be taken seriously by brokers and investors.

  • A strong team gives you credibility, so brokers know you’re ready for business.

Educating Yourself

  • Learn the basics of multifamily investing and understand the language so you can communicate confidently with brokers, investors, and other professionals.

  • Michael recommends investing time in real estate education and mentorship to avoid common beginner mistakes.

Building Your Dream Team

  • Your team should include essential professionals like property managers, lenders, and attorneys who know your market.

  • Brokers will take you seriously when you have a team with proven experience, even if you’re new to multifamily.

How to Find Team Members

  • Use referrals from people you trust who have experience in real estate. Talk to everyone you know and ask for introductions to proven professionals.

  • Building a strong team early on will set you up for long-term success and make the next steps in the process much easier.

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Resources

Access the #1 FREE Apartment Investing Course (Apartments 101)

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