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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 19 articles for The BiggerPockets Blog.


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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Real Estate

7 Mistakes of the Newbie Apartment Building Investor

by Michael Blank March 31, 2014
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Apartment building investing is probably the most reliable, repeatable and teachable way to generate income and retire early. It’s not a get-rich quick scheme but with persistence and time it’s one of the best ways to achieve your financial goals. Unfortunately, not all that glitters is gold. And not all apartment building investors are successful. […]

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Real Estate

Should You Syndicate Apartment Building Deals (Even Smaller Ones?)

by Michael Blank March 24, 2014
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This past week I received several questions along the lines of “what if I raise money from friends and family and my apartment building deal is smaller, do I still need to be compliant with SEC regulations and do the whole private placement memorandum (PPM) thing?” First, let me say that I’m not an attorney […]

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Real Estate

5 Reasons Why Bigger is Better with Apartment Building Investing

by Michael Blank March 17, 2014
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When I bought my 12-unit apartment building in Washington DC I was overwhelmed by its size and complexity. Sure, I had flipped about 30 houses and analyzed about a hundred apartment deals in Texas several years before, so I wasn’t a complete newbie, but having a building like this actually under contract was quite a […]

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Real Estate

Syndicated Apartment Building Deal: a Case Study

by Michael Blank March 10, 2014
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Some of you have me asked questions like “how is it possible to make a deal with investors not only cash flow but achieve 13%+ returns for the investors. I can’t even seem to make this work with a 10% cap rate!” Certainly, when you’re sharing the pie with others, it should be big enough […]

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Real Estate

The #1 Way To Find Great Apartment Building Deals

by Michael Blank March 3, 2014
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If you’re a newbie investor interested in investing in apartment buildings, you might be wondering how to go about finding deals. Some gurus who will teach you to market to probates, send direct mail to apartment owners, or network with attorneys. All of these tactics can work. However, I’ve found that there is one specific […]

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Real Estate

3 Key Lessons for Avoiding The Dark Side of Passive Income

by Michael Blank February 24, 2014
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When I first read the book “Rich Dad Poor Dad,” it changed my financial goals drastically.  I went from trying to build up a nest egg for retirement to pursuing passive income. To this day, I believe that it is a worth while effort, and I continue to make that my financial goal. We know that […]

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Financing Real Estate

How to Get Apartment Building Financing Even if You Don’t Qualify

by Michael Blank February 17, 2014
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As I continue to hunt for a (bigger) apartment building deal, I am interviewing lenders and brokers to better understand their underwriting requirements. This is critical if I want to successfully close deals I get under contract. In this article I will share with you the most common underwriting requirements and terms you can expect […]

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Real Estate Investing

The 10 Stages of the Successful Real Estate Entrepreneur

by Michael Blank February 10, 2014
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This will be one of those “mindset” posts of which I’m not normally a fan, but I recognize for myself (and others) that everything you do starts in the mind and your success is determined by your thoughts and actions. So having the right mindset is just as important as taking action. When we do […]

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Investor Psychology

How to Pay Yourself When Buying an Apartment Building with Investors

by Michael Blank February 3, 2014
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When I bought my 12-unit apartment building (read the entire gut-wrenching discourse here), I put the entire deal together with a handful of investors. In fact, I ended up not putting any of my own money into the deal and got paid $15,000 at closing. Let’s talk about how to pay yourself when doing deals, […]

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Financing Real Estate

Avoiding Prison When Syndicating Real Estate Deals (Do YOU Know the Securities Laws?)

by Michael Blank January 27, 2014
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I’ve been writing lately about syndicating your apartment building deals by raising money from private individuals. As Ben Leybovich said in his post about this topic, syndicating your deals is a great way to add a “zero” to your deals. We’ve skirted around the commonly-asked question and concern, which is “what about the SEC? Isn’t […]

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Real Estate Investing

How to Structure Syndicated Investor Deals: What Kind of Legal Entity Should I Use?

by Michael Blank January 20, 2014
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It’s important to understand the different ways you can structure your syndicated real estate deals, not only so that you can visualize it happening, but also so that you can speak confidently to your potential investors. In the last article “How to Structure Syndicated Investor Deals: What Investors Are Looking For”, we talked about what investors […]

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Real Estate Tips

How to Structure Syndicated Investor Deals: What Investors Are Looking For

by Michael Blank January 15, 2014
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I appreciate all of your comments and questions to previous articles because it gives me fodder for articles that you’ll hopefully find helpful. One of the questions last week was about how to structure deals with private investors. This is a complex topic, and one that I can address a little bit over time. This week, […]

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