Sourcing Real Estate Deals is Easier Than You Think
If you’re going to invest in multifamily real estate syndications, your primary challenge is sourcing deals. When you complete your first deal, the law of the first deal is set into motion, but you want to look forward, not back. You need steady, consistent deal flow. Early on at Nighthawk, we built our portfolio out […]
Finding and Funding Great Deals 101
At Nighthawk Equity, we have meetings every week where we talk about what’s in the pipeline. How did we get here? How do we select our markets? Make sure you download ALL my resources for FREE at this link: https://themichaelblank.com/vault Finding and funding great deals When you do your first deal, it triggers the law […]
MB302: To Scale Fast, Think BIG from the Beginning – With Chris Roberts
It’s a common misconception in multifamily investing that you have to start small. But Chris Roberts accelerated his success by thinking BIG from the beginning to envision a multimillion-dollar business. Today, Chris shares his secret to scaling fast and explains how his firm, Sterling Rhino Capital, acquired 1,000 units worth $69M in just 3 years!
FINDING OFF-MARKET MULTIFAMILY DEALS: EVERYTHING YOU NEED TO KNOW
FINDING OFF-MARKET MULTIFAMILY DEALS: EVERYTHING YOU NEED TO KNOW LET’S GET STARTED! A major challenge for investors in the multifamily space is access to consistent deal flow. While the internet makes it easy for us to search for available properties, smart investors know that properties posted online are there because no one else wanted them. […]
MB 231: Lessons of a Master Multifamily Deal Finder – With Garrett Lynch
2020 has been a tough year for finding multifamily deals. In fact, the Nighthawk team is currently in the process of closing on our first and only deal of the year. Today, Garrett Lynch joins me to explain what we’re looking for in a deal and how we’ve adjusted our underwriting in the COVID era!
MB 199: What’s Working Now to Get Deals Under Contract – With the Michael Blank Team
What’s working NOW to get real estate deals under contract? Today, I’m sharing the panel discussion my mentoring team had at Deal Maker Live 2019 around the challenges newbie investors face. We cover what our mentoring students are doing to be taken seriously and how they’re raising money for their first multifamily deals!
4 Non-Negotiable Rules For Buying a Negative Cash-Flow Property
You’re considering buying a deal with negative cash flow because you like the upside. My first response is, “NO, don’t do it!” This is because I view this as an advanced strategy and not for the faint of heart or the newbie. However, sometimes there are good reasons to take on a negative cash flow […]
8 Awesomely Simple Ways to Maximize Your Apartment Building Profits
You’re probably already familiar with the power of commercial real estate by now. 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? […]
Before You Attempt to Manage Your Own Property, Answer These 5 Questions
One result of having the mindset of entrepreneur is that you should not do all of the work yourself, but instead surround yourself with an awesome team and delegate. In particular: Don’t be a PROPERTY manager; be an ASSET manager instead. What’s the difference? If you’re the property manager, you are the manager. If you’re […]
4 Steps to Perform a Rent Survey for Your Investment Property
If you’re ready to take the next step with your apartment building investments, download ALL my resources for FREE at this link: https://themichaelblank.com/vault Getting a handle on the prevailing market rents is critical for the business plan of your rental or multifamily property. Your property’s rents may be under market, but how do you know […]