The Process To Quitting Your Job Through Apartment Investing With Michael Blank

In this podcast Michael lays out a clear roadmap on the best ways to start investing in apartments. He does a great job on discussing how long it should take to escape the 9-5.

Michael’s goal is to shorten the learning curve for his students. His sample deal package is a great resource to help beginners establish their credibility and he discusses how to use this resource.

mom-and-pop-apartments-book

One of the key takeaways from the interview was that you can’t quit in the begging of your investing career because the goal of apartment investing should be a 3-5 year retirement plan.

This means that it may take you 2 years to get your first deal done (it took us 2 years). After our first deal was completed we purchased 172 units within the 12 months. Many investors are comfortable enough to retire from their day jobs after they own 100-150 units.

In this episode you will discover:

• Why your first deal is the most important
• The steps to acquiring your first apartment complex
• Why Michael pivoted away from flipping to apartments
• Raising money
• Syndication
• Goals
• The process to retirement after you complete your first deal
• What to watch our for when investing in the north east
• Deal flow
And much more!

SHOW NOTES: http://www.themichaelblank.com/ebook/

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