Financial Freedom with Real Estate Investing

When you’re raising capital for a real estate deal, it’s tempting to pitch potential investors right away.But if you try to sell a high-net-worth individual before you’ve established trust, your chances of conversion are slim to none.So, how do you make meaningful connections with HNWIs and build trust in a way that makes them want to invest with you?Brad Blazar is the creator of Capital School, one of the fastest growing communities for entrepreneurs, business owners and CEOs learning to attract, raise and close high-net-worth investors.Having raised well over $2 billion for his own businesses, Brad is a sought-after speaker on the subject of raising capital and author of Winning at the Capital Game: Using Other People’s Money to Build Wealth.On this episode of Financial Freedom with Real Estate Investing, Brad joins me to explain what works in building relationships with high-net-worth individuals, walking us through the steps he takes to establish trust prior to a pitch.Brad discusses how to stay in contact with potential investors while you’re waiting for a live deal and describes what he’s doing to raise capital in an uncertain economic environment.Listen in for insight around raising private equity money for real estate deals and learn Brad’s genius strategies for connecting with potential investors—at traditional networking events or a nearby Starbucks!For full episode show notes visit: https://themichaelblank.com/podcasts/session356/

As with most things, the economy goes through different seasons. And prior to the pandemic, it was red-hot summer in the real estate market.COVID caused a quick Arctic freeze, but things warmed up again and multifamily prices peaked in March 2022.Then we skipped fall and landed right in winter.And while it’s hard to predict how long this season might last, there are things we can do to endure the cold and put ourselves in a position to thrive in the coming spring.Drew Kniffin serves as Partner at Nighthawk Equity where he manages all aspects of our $300M portfolio, including acquisitions, asset management and raising capital.Prior to joining Nighthawk, Drew enjoyed a successful career in corporate finance and grew a portfolio of 400 of his own residential units.On this episode of Financial Freedom with Real Estate Investing, Drew sits down with Garrett and me to discuss the economic trends we’re monitoring closely at Nighthawk and how the team has adjusted to the changing multifamily market.We explain how rising interest rates are squeezing your average operator and why we expect a flood of opportunities to buy in the next 12 to 18 months.Listen in to understand why apartments are an excellent investment in an economic winter and get our multifamily market outlook for 2023!For full episode show notes visit: https://themichaelblank.com/podcasts/session355/

Matthew Amabile had been out of college for a year. He was making decent money at his sales job, but not enough to afford his own place. And he was tired of sleeping on his cousin’s couch.That’s when Matt started looking into real estate and analyzing deals. Three years later, he’s a 25-year-old millionaire. And he quit his 9-to-5 to travel the world.So, what gave Matt the confidence to buy his first property? Or build trust with potential investors?On this episode of Financial Freedom with Real Estate Investing, Matt joins me to explain how he leveraged an FHA loan and a little resourcefulness to house hack his first four-unit building.Matt describes how his view of networking has changed over time, discussing how he connected with a partner to buy his second and third deals.Listen in for insight around the tool that gave Matt the confidence to talk to owners and investors and find out why you don’t need money or experience to be successful—as long as you know how to analyze deals!For full episode show notes visit: https://themichaelblank.com/podcasts/session354/

Are you treating insurance like a commodity?We made that same mistake early in our syndication journey. But now we look for the best combination of value and quality we can get.Matthew Sutika is Chief Insurance Officer at Obie, a company working to provide a simple, affordable and transparent insurance experience for landlords and investors.Matt is an award-winning entrepreneur and business owner in the multifamily and habitational insurance sector. He also invests in real estate and early-stage insurance and tech startups.On this episode of Financial Freedom with Real Estate Investing, Matt joins me to explore the false beliefs investors have about insurance and explain what coverage decisions to look at with your insurance broker after close.Matt offers advice on getting insurance costs right in your underwriting, sharing his list of GOTCHAS that drive up premiums for multifamily.Listen in for Matt’s insight on managing rising insurance costs and find out if Obie Insurance is the right fit for you and your syndication business!For full episode show notes visit: https://themichaelblank.com/podcasts/session353/

Did you know that there are many parallels between investing in oil and gas and real estate syndications?Grant Norwood is CEO of Norwood Energy Corp, an oil and gas exploration company out of Southlake, Texas.Grant’s specialty is recognizing opportunity hotspots in undiscovered areas of the country where his team can operate significantly below the costs of oil giants like Exxon or Chevron.On this episode of Financial Freedom with Real Estate Investing, Grant joins Garrett to discuss the two kinds of deals Norwood Energy does, investing in new wells or distressed assets.Grant shares what he does to find off-market deals on wells and walks us through the tax advantages of investing in oil and gas assets.Listen in for Grant’s insight on financing oil and gas deals and learn the similarities between investing in energy and multifamily syndications.For full episode show notes visit: https://themichaelblank.com/podcasts/session352/

Mindfulness matters. The more self-aware you become, the better your relationships and the more fulfillment you get out of life.That’s why I take an entire week off at the end of every year, not to eat bonbons, but to reflect on the past 12 months, celebrate my wins and plan for the future.On this episode of Financial Freedom with Real Estate Investing, I’m sharing my process for evaluating 2022 and looking ahead to 2023.I discuss what we achieved at the Michael Blank Brands and Nighthawk Equity in 2022 and explain our goals for the coming year, challenging you to set aims in each of the same 7 areas of your personal and professional life.Listen in for insight into the multifamily market outlook and get my advice for investors on where to look for opportunities in 2023!For full episode show notes visit: https://themichaelblank.com/podcasts/session351/

Every week, we bring you conversations with elite investors and entrepreneurs, in hopes that you’ll learn from their experiences to accelerate your success.On this Best of 2022 edition of Financial Freedom with Real Estate Investing, we reflect on some of our favorite episodes and share the top insights from this year’s interviews with inspiring real estate entrepreneurs.We revisit Dan Brisse’s story of transitioning from professional snowboarder to full-time real estate investor and Jilliene Helman’s mission to democratize real estate investing.Lee Prosenjak inspires us to live our purpose, Veena Jetti explains how to raise capital at scale, and Sterling Griffin shares creative ways to add value to high-profile people as you build a network.Listen in to understand how Alvin ‘Hope’ Johnson is innovating in affordable housing and learn to fast-track your success with advice from ten of our top guests of 2022!For full episode show notes visit: https://themichaelblank.com/podcasts/session350/

There's a lot of pundits who say that entrepreneurship is about the hustle and grind. We’re supposed to work harder and harder and sacrifice our lives for the sake of the business.But Mike Michalowicz argues that entrepreneurship is not about doing the job. It’s about creating jobs.So, how do you remove yourself from the day-to-day operation of your business? Can you get to a point where your syndication firm runs itself?Mike Michalowicz is a well-known keynote speaker and bestselling author on a mission to eradicate entrepreneurial poverty.Mike has built four multimillion-dollar companies and exited two. But he has also launched ten failed businesses and lost his fortune twice.And it is those struggles that inspired Mike to serve other entrepreneurs through books like Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine and Clockwork: Design Your Business to Run Itself.On this episode of Financial Freedom with Real Estate Investing, Mike joins Garrett and me to discuss the premise of Profit First, describing how to prioritize profit by treating it like a business expense.Mike challenges us to overcome superhero syndrome and take on the role of supervisionary in our business, building a team to handle the day-to-day while we think strategically about growing the company.Listen in for Mike’s surprising advice on planning a four-week vacation that forces you to put systems in place and empower your people to run the business without you!For full episode show notes visit: https://themichaelblank.com/podcasts/session349/

How does a schoolteacher overcome her limiting beliefs to become a full-time syndicator?For Julie Holly, community was key in helping her shift from anxious single-family landlord to self-assured multifamily GP.Julie is Founder of Three Keys Investments, a multifamily firm committed to helping investors build passive income and legacy wealth. She also serves as Host of The Conscious Investor Podcast.Julie began her career as a schoolteacher with a portfolio of single-family homes before transitioning to syndications. Today, she’s a passive investor in 300 doors, she's partnered in 68 units and GP for another 120.On this episode of Financial Freedom with Real Estate Investing, Julie joins me to explain how Arnold Schwarzenegger launched her investing career and what she did to overcome the WHAT IF mindset that held her back early on.Julie discusses why now is the right time to get into multifamily investing and describes how she is adjusting her underwriting to protect her LPs.Listen in for Julie’s insight on building confidence through community and get inspired to invest in yourself as you take the next step in YOUR real estate investing journey! For full episode show notes visit: https://themichaelblank.com/podcasts/session348/

Building a platform is an important part of raising money at scale. But you need more than a website to demonstrate your credibility with potential investors.Becoming an author gives you authority. It allows you to share your investing thesis with many, many prospects and generate leads as well as referrals.But what does the process of writing a book look like? And why would you publish yet another real estate book when there are already so many others on the market?Chandler Bolt is Founder and CEO of Self-Publishing School, a platform that has helped 7,000 entrepreneurs publish books in the last 7 years.Chandler also serves as host of the Self-Publishing School Podcast and author of six bestselling books. His latest release is called Published: The Proven Path from Blank Page to 100,000 Copies Sold.On this episode of Financial Freedom with Real Estate Investing, Chandler joins Garrett and me to explain what writing a good book does for your business and how to use a book to build your email list.Chandler walks us through the eight milestones in the process of writing a quality book and shares his best practices for finishing a rough draft in just 30 days!Listen in for Chandler’s insight on having a successful book launch and learn how to write a bestseller that attracts potential investors to your real estate syndication business.For full episode show notes visit: https://themichaelblank.com/podcasts/session347/