Michael Blank, a multifamily syndication expert with a $300M portfolio, shares invaluable insights on why 2025 might be a game-changing year for multifamily real estate. He discusses how current market conditions offer lower risk and the potential for higher returns. Michael recounts his journey from losing millions to thriving in this space and addresses common investor hesitations. He also explores the benefits of syndication over traditional strategies, highlighting how the evolving economic landscape creates unique opportunities for new investors.
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Michael Blank's Multifamily Start
Michael Blank shared his journey from tech IPO success to losing millions in restaurant franchises before finding multifamily real estate.
His first multifamily deal was a 12-unit building that shifted his focus to passive income and syndications.
insights INSIGHT
Multifamily Risk and Market Outlook
Multifamily real estate is now a lower risk asset class due to high interest rates and lower leverage.
Prices are low now, but expected to rise as cap rates fall and leverage increases in the future.
volunteer_activism ADVICE
Underwrite Conservatively for Uncertainty
Build multiple layers of margin for error in underwriting to manage uncertainty.
Be conservative with interest rates, rent bumps, vacancy, and construction budgets to absorb unexpected costs.
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What the Rich Teach Their Kids about Money - That the Poor and the Middle Class Do Not
C.P.A. Sharon L. Lechter
Robert Kiyosaki
The book tells the story of Robert Kiyosaki's two fathers: his 'poor dad,' a highly educated but fiscally poor man, and his 'rich dad,' the father of his best friend who was a successful entrepreneur. It emphasizes the importance of financial education, distinguishing between assets and liabilities, and building wealth through investing in assets such as real estate and businesses. Kiyosaki argues that a good education and a secure job are not guarantees for financial success and provides practical lessons on how to make money work for you rather than working for money[1][3][5].
In this episode of the Tax Smart REI Podcast, Thomas and Ryan sit down with multifamily syndication expert Michael Blank to unpack why 2025 may be one of the best times in years to get started—or scale—in multifamily real estate.
Tune in to learn:
- Why today’s market conditions offer lower risk and higher long-term upside.
- How Michael bounced back from losing millions to build a $300M multifamily portfolio.
- What’s really driving investor hesitation—and how to overcome it.
- How tariffs, inflation, and interest rates are reshaping deal underwriting.
- Why syndication outpaces the BRRRR strategy for wealth and time freedom.
If you’ve been thinking about making the leap from single-family to multifamily—or are just curious what’s working in today’s unpredictable environment—this episode is packed with insights from one of the top minds in the business.
To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6
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Training from Michael:
thefreedompodcast.com/thomas
Check out Thomas's new YouTube channel: www.youtube.com/@thomascastelli
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