The Best Ever CRE Show JF 4054: Comfort Zones, Capital Raising and Building a Business ft. Michael Blank
Oct 10, 2025
In this insightful conversation, Michael Blank, CEO of Nighthawk Equity and a multifamily investor, shares his journey from a stable software career to thriving in real estate. He emphasizes the importance of a scaling mindset and highlights the pitfalls of single-family rentals. Michael discusses the current commercial market, likening small multifamily investments to a scalable factory. He also explores how retiring baby boomers present unique business acquisition opportunities and argues for the enduring value of multifamily assets.
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From Software To Real Estate Pivot
- Michael left a high-growth software career after reading Rich Dad, Poor Dad and pursuing entrepreneurship.
- He experimented with franchises and flipping houses before discovering lasting success in multifamily investing.
Flip Fatigue Leads To New Strategy
- Michael flipped three dozen houses in three years and found flipping exhausting and unrewarding as a wealth strategy.
- He realized flipping provided income but not scalable, passive wealth compared with multifamily.
Why Small Rentals Aren't Passive
- A few rental properties usually leave you in the 'S' quadrant, not truly passive or investor status.
- True scale requires building a business (B quadrant) and using other people's time and capital.
