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Archive of Michael Blank

Michael Blank’s passion is being an entrepreneur and helping others become (better) entrepreneurs. His focus is buying apartment buildings by raising money from private individuals. He’s been investing in residential and multifamily real estate since 2005. He is the creator of the Syndicated Deal Analyzer and the eBook "The Secret to Raising Money to Buy Your First Apartment Building".

Michael has written 31 articles for The BiggerPockets Blog.


General Real Estate

5 Things To Do When Apartment Building Deals Are Hard To Find (Like Now!)

by Michael Blank July 21, 2014
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A lot of apartment building investors are having a tough time finding good deals. As syndicators, we have it even harder because we need to provide a good return for our investors and leave a slice of the pie left over for us. But what kind of returns are reasonable? I started a Bigger Pockets […]

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General Real Estate

The Power of Using Video For Negotating Apartment Deals

by Michael Blank July 14, 2014
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In last week’s article “Apartment Building Deal Negotiating Tip # 1: Agree on Methodology BEFORE Making an Offer” we talked about the importance of agreeing on HOW we’re going to come up with our offer price before we actually submit our offer. In today’s article, we’ll talk about a highly effective way for submitting your […]

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General Real Estate

Negotiating 101: The Importance of Agreeing on Methodology BEFORE Making an Offer

by Michael Blank July 7, 2014
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In this 3-part series, I want to share with you three top secret but highly effective tips for getting your apartment building offers accepted. Before we jump into the first tip, let’s first talk about why … Making and Negotiating Apartment building Offers is all about the Numbers Yes, you can use clever phrases and […]

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Financing Real Estate

How To Be Taken Seriously as an Up-and-Coming Real Estate Syndicator

by Michael Blank June 30, 2014
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We syndicators have it rough: we try to buy apartment buildings without having the cash or credit ourselves to do so. Instead, we rely on a group of investors to put up most or all of the cash. Especially if we don’t have a track record, it’s tough to be taken seriously – by anybody, […]

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General Real Estate

5 Tell-Tale Signs That it Might Be Time to Fire Your Property Manager

by Michael Blank June 16, 2014
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I don’t like firing people. My initial approach is to try to make it work and bring out the full potential of a person. Sometimes, however, I hold on to a person for too long. I’ve found over the years that if I’m micro-managing someone then I have the wrong person. Micro-managing means you’re telling […]

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Financing Real Estate

How to Use Crowdfunding to Finance Your Commercial Real Estate

by Michael Blank June 9, 2014
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A few weeks back I attended the REI Expo at the National Harbor in Washington DC, an amazing venue. One thing that was unusual for me was the potential for using crowdfunding to fund larger, buy and hold commercial real estate deals. If you’re looking for an overview of crowdfunding, its history, and most popular […]

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General Real Estate

The Ultimate 8 Steps To Getting Started In Investing In Apartment Buildings (You Don’t Want To Miss #6!)

by Michael Blank June 2, 2014
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Hey everyone! Thanks for your positive feedback about the video blog last week. Here’s another one! In this video, I want to talk about 8 steps a newbie investor can take in the next three to six months to get started with apartment building investing. While the task can seem overwhelming, there are some well-defined and […]

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Real Estate Tips

Everything You Need To Know About Investing Out-Of-State (In Under 5 Minutes)

by Michael Blank May 27, 2014
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Below is short video where I cover how to go about getting your first deal in an area you’ve never been in before. I’ve done this a few times now (Texas, Baltimore and Washington DC), and I’m currently applying the process to an area I’m just getting into: Richmond, VA. But the process is the same, […]

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Investor Psychology

How Over-Paying For An Apartment Building Can Get You A Deal In Real Estate

by Michael Blank May 19, 2014
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We’re taught that we should never underwrite a commercial real estate deal based on future performance, always on current performance. This is great advice, but sometimes it doesn’t match reality. Here’s an extreme example to make my point: what if you’re looking at an empty 10-unit apartment building? Technically, the net operating income (NOI) is actually […]

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Investor Psychology

3 Reasons Why You MUST Fail At Real Estate Investing

by Michael Blank May 13, 2014
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I’m 35 years old and I never failed at anything. This never troubled me before. School was always easy for me and I got straight A’s. I graduated with a master’s degree in computer science and got a good programming job with good benefits and made everyone proud. I joined a software startup that went […]

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General Real Estate

Don’t Make This Mistake and Leave Money on the Table When Syndicating Deals

by Michael Blank May 5, 2014
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I’ve recently had a chance to speak with several real estate investors who want to raise money to purchase multi-family properties, and they’re all making the same mistake. They’re giving their investors far too much of the deal and very little (or nothing at all) for themselves. How is this a win-win? This tells me […]

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Flipping Houses & Rehabbing

How to Syndicate House Flips: A Step by Step Guide

by Michael Blank April 28, 2014
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While I write mostly about apartment building investing and syndication, I want to write today about how to structure deals when you’re raising money for house flips. It’s a lot simpler to structure and easier to raise the money than for larger apartment building deals. As with all real estate investing, DO NOT sit on […]

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General Real Estate

What’s the Best Strategy for New Real Estate Investors (The Answer May Surprise You)

by Michael Blank April 21, 2014
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When I first got started with real estate investing I jumped right into rehabbing houses. I found the houses via direct mail and local wholesalers. In fact, from 2009 through 2012 I got 90% of my properties from wholesalers. I kept a few of the houses as rentals, so I was able to experience being […]

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Commercial Real Estate

6 Steps to Buying Apartment Buildings OUTSIDE Your Area

by Michael Blank April 14, 2014
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Generally it’s good advice to invest in apartment buildings that are with easy driving distance to you. Especially if you’re managing the building yourself, the closer the building is, the easier everything is. That also means your team members (the property manager, attorney, brokers, etc) are all within an easy drive. And your investors will […]

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Real Estate

6 Ways to Teach Your Children About Building Wealth

by Michael Blank April 7, 2014
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I normally talk about apartment building investing but I wanted to talk about another topic that I’ve slowly started to work on with my kids as they get a bit older. I have four kids from 5 to 12, and while all of them are learning about money, I felt the two older ones (9 […]

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