Here at Nighthawk Equity, we haven’t done a multifamily deal in 18 months.So, we were excited to find what looked like an ideal opportunity in Atlanta. And two months ago, we got the deal under contract.But after spending $15,000 in the due diligence process, we ultimately decided to walk away.What went wrong?On this episode of Financial Freedom with Real Estate Investing, I sit down with my partners at Nighthawk, Drew Kniffin and Garrett Lynch, to debrief on the deal we didn’t do.We explain what we liked about the deal, describing what made it a textbook value-add opportunity and how we planned to renovate the units and upgrade several amenities in the community.Listen in for insight into the issues we discovered in the due diligence process and learn how to stick to your investment criteria and protect your investors by walking away from a bad deal!For full episode show notes visit: https://themichaelblank.com/podcasts/session414/

You don’t know what you don’t know. And if you’re doing your very first multifamily acquisition, every little thing that comes up can seem insurmountable.But if you have the support of a mentor, they can talk you through those obstacles, prevent rookie mistakes, and alleviate your concerns as an aspiring investor.Jeremy Lemere is a successful investor and operator of multifamily, commercial, and self-storage facilities in Northeast Wisconsin. He is also a mentor with the Michael Blank program, and his investment portfolio of $15M is made up of personal investments, self-directed IRA funds, solo 401(k) funds and real estate syndications.On this episode of Financial Freedom with Real Estate Investing, Jeremy joins guest host Marybeth Noonan to explain how being a student in our mentoring program helped him transition out of his W-2.Jeremy describes how he stayed connected to our network through a mastermind and eventually joined the team as a mentor, sharing his strengths in understanding finance and capital markets.Listen in for insight on playing in different asset classes for the best return and learn how a mentor can help you learn the business of being a real estate investor!For full episode show notes visit: https://themichaelblank.com/podcasts/session413/

Do you feel stuck? Like you’re not making progress in life?Until my early 30s, I drifted through life. It felt like unseen forces were holding me back. And then I had a breakthrough and started living an intentional life—filled with purpose and fulfillment.What made the difference? What does it mean to live with intention? What disciplines helped me identify and pursue what really matters to me?On this episode of Financial Freedom with Real Estate Investing, I’m sharing my five clarity practices for living an intentional life.I discuss the My Perfect Day exercise that helped me start making mindful choices and walk you through my process for setting five-year, one-year and quarterly goals.Listen in for insight on scheduling Monthly Clarity Days and Weekly Strategic Time to reflect on your progress and learn how a Daily Morning Routine can help you live a more purposeful, fulfilling life!For full episode show notes visit: https://themichaelblank.com/podcasts/session412/

Would David Kamara have figured out how to invest in multifamily on his own?Yes, but at a much slower pace.Working with a mentor accelerated his success. And now, the student has become the teacher.David is a seasoned investor and mentor with the Michael Blank program. With 15 years of experience in real estate, David owns 1,000-plus units across the Midwest, primarily in Michigan and Iowa.David is also a successful management consultant and sought-after advisor to C-suite executives and private equity investors. And he is fluent in five languages!On this episode of Financial Freedom with Real Estate Investing, David joins guest host Marybeth Noonan to share his early wins as a student in our mentoring program.David describes a near-perfect deal he manages in Marquette, Michigan, and discusses how he problem-solved an unexpected situation where the property taxes on a pending deal tripled.Listen in for insight on trusting your resourcefulness as an aspiring investor and learn how a mentor like David can fast track your success in multifamily investing.For full episode show notes visit: https://themichaelblank.com/podcasts/session411/

Whether you're looking to close a business deal or just improve your everyday interactions, the art of negotiation is key to getting to a YES.But what if you’re not a natural negotiator? How do you build a relationship with the person on the other side of the table? Or learn to navigate difficult conversations? On this episode of the Financial Freedom with Real Estate Investing, Garrett is back to explain how his experience selling Cutco knives helped him become an expert negotiator. He describes how he prepares for a negotiation, discussing what it means to command the relationship and how to respond when emotions run high.Listen in for Garrett’s tips on gaining leverage in a negotiation and learn how to secure the negotiator’s edge in a legal dispute, contract negotiation or real estate deal.For full episode show notes visit: https://themichaelblank.com/podcasts/session410/

Reading Rich Dad Poor Dad inspired me to build generational wealth. But the first few cashflow businesses I tried didn’t produce the passive income I expected.So, if you’re thinking about starting your real estate career with fix-and-flips or even a SFH portfolio, know that neither strategy leads to financial freedom.But can you really skip single family investing and jump right into apartments?On this episode of the podcast, I’m sharing my journey to financial freedom with real estate, explaining why I tried to earn passive income with restaurants first—and why that strategy didn’t work.I discuss why it’s impossible to scale a single-family portfolio to achieve financial freedom and describe the light bulb moment when I pivoted to multifamily investing.Listen in for insight on getting into multifamily without money or experience and learn how to skip SFH investing and start building wealth with apartments!For full episode show notes visit: https://themichaelblank.com/podcasts/session409/

Whether you’re already involved in multifamily syndications, or you’re interested in getting into the space in 2024, it’s crucial to understand the market outlook.Through Nighthawk Equity, we own a 2,000-unit portfolio worth $350M. And we’re always on the lookout for new deals.That means we have insight into what’s happening in the market and what’s likely to happen in 2024.So, what are our predictions for the next 12 months of multifamily real estate? How can you leverage this information to survive and thrive as an investor in 2024?On this episode of Financial Freedom with Real Estate Investing, I’m sharing my top three headlines for the multifamily market outlook in 2024.I discuss what’s behind the ongoing operator distress in apartments and describe how the fundamentals of multifamily remain strong despite the challenges.Listen in to understand how economic headwinds are easing and learn how to take advantage of the incredible buying opportunities coming in 2024!For full episode show notes visit: https://themichaelblank.com/podcasts/session408/

You want financial freedom, but it feels out of reach.Because you’re living paycheck to paycheck. And struggling to pay down consumer debt.So, how do you get from where you are now to building generational wealth?On this episode of the podcast, I’m walking you through the steps to achieving financial freedom in 2024.I explain how to get your financial house in order first, challenging you to track your current spending and build emergency savings over time.Listen in to understand why apartment investing is the key to financial freedom and learn how to create enough wealth to quit your job in the next six to 18 months!For full episode show notes visit: https://themichaelblank.com/podcasts/session407/

Losing is never fun, but it’s often valuable.In fact, Garrett Lynch contends that down moments force us to pick ourselves up and close the gap between who we are and who we want to be.In addition to being my podcast cohost, Garrett Lynch serves as Director of Acquisitions and Managing Member of our investing firm, Nighthawk Equity.And his story is full of setbacks. Setbacks that pushed him to grow and take the next step in becoming a successful real estate investor.On this episode of Financial Freedom with Real Estate Investing, Garrett goes solo to share his journey from troubled teen to millionaire multifamily entrepreneur.Garrett explains how he developed his #1 skill set selling Cutco knives and describes how his experience as a VIP concierge at a nightclub led him to real estate.Listen in to understand what Garrett learned from scaling a portfolio of class D properties and get his advice on finding happiness in the business of real estate investing.For full episode show notes visit: https://themichaelblank.com/podcasts/session406/

It's a new year with exciting new possibilities. Which means many of us are setting goals for 2024.But why is it that New Year's resolutions usually don't work? Why can't we seem to stick to them for more than a few weeks before we fall away?And more importantly, what can we do about it?On this episode of Financial Freedom with Real Estate Investing, I’m sharing the Living Fully Compass system I recommend to crush your goals in 2024.I explain what causes most of us to fail to follow through on our goals and why it’s beneficial to share your vision with a small group of accountability partners.Listen in for insight on eliminating deadlines when you can’t control all the variables and learn how to achieve your goals by committing to the activities that lead to the outcome you want—for as long it takes!For full episode show notes visit: https://themichaelblank.com/podcasts/session405/