Author

Philip Michael

Philip Michael is the founder of NYEG, a real estate and VC company with $80MM in the development pipeline.

Experience
Philip is the bestselling author of Real Estate Wealth Hacking: How to 10x Your Net Worth in 18 Months. He’s also an expert columnist who’s been featured on Forbes, Black Enterprise, Entrepreneur, and other media outlets.

Formerly, he was a TV/radio host on SiriusXM and Fuse. Philip’s also the founder WealthLAB and DealFLW, a free real estate investment analyzer—both of which have been recognized by Forbes.

Philip and his team are currently developing a series of historic projects, including the first black-owned high rise in Jersey City, the first smart home development in Jersey City’s McGinley Square, and the first voice-controlled student housing building in Philadelphia.

A native of Denmark, Philip came to New York in 2014 with $79 in his PayPal account. In 2015, he joined Bisnow Media (the largest commercial real estate news source in North America) and helped lead them to a $50MM sale as national editor and director of content strategy.

In 2019, NYEG launched a Venture Capital arm, which invests in minority and/or women-owned, early-stage startups.

Philip Michael is the founder of NYEG, a real estate and VC company with $80MM in the development pipeline.

Formerly, he was a TV/radio host on SiriusXM and Fuse. Philip’s also the founder WealthLAB and DealFLW, a free real estate investment analyzer—both of which have been recognized by Forbes.

In 2019, NYEG launched a Venture Capital arm, which invests in minority and/or women-owned, early-stage startups.

Wholesaling 4 min read

Jun 15, 2021Nov 07, 2023 Philip Michael

Here’s The Secret to Successful Investing… With Little or No Money

People think you need a lot of money to start investing in real estate. The fact of the matter is you don’t need a large cash reserve to start. Wholesaling…

Personal Development & Goals 3 min read

Aug 18, 2020Mar 16, 2021 Philip Michael

Here’s What 10 Billionaires Say You Should Do Every Day

If you want to follow the billionaire blueprint, one theme seems to come up again and again. Find out what it is, and how these moguls get it done.

Investing For Beginners 4 min read

Jul 08, 2020Mar 16, 2021 Philip Michael

The Gender & Racial Wealth Gaps Are Real—Here’s How We Do Something About It

The discrepancy in net worth by gender, race, and generation is staggering. To see drastic change, we need to take massive action. Here's where to start.

News & Trends 3 min read

Mar 14, 2020Apr 01, 2023 Philip Michael

5 Ways the Next Recession Can Make You Rich

In light of the COVID-19 pandemic, many foresee a recession on the horizon—while others contest it's already happening. Despite dark forecasts from economists and Wall Street experts, every cloud has a…

Real Estate Business Management 4 min read

Feb 13, 2020Mar 16, 2021 Philip Michael

4 Incredible Tax Strategies You’ve (Probably) Never Heard About

Some of the most beautiful benefits of real estate are the tax credits it allows, the most famously-known being the 1031 exchange. But are you aware of all the latest tax…

Real Estate Marketing 2 min read

Feb 05, 2020Jan 27, 2024 Philip Michael

Real Estate Growth Hack: How to Get Exclusive Luxury Rental Listings at “Decent” Prices

Are you a rental agent, just getting your feet wet in real estate and frustrated with not having great apartments, not being able to close, or something similar? Recently, I…

Diversifying Your Investments 4 min read

Jul 18, 2019Feb 24, 2024 Philip Michael

4 Millennial-Friendly Ways to Invest from Your Smartphone (for $100 or Less)

Studies suggest 80% of Millennials don’t invest in the stock market. Why? They don’t know how, say it’s for “old white men,” and don’t have enough money. Sorry, but none…

Success Stories 4 min read

May 11, 2019Feb 24, 2024 Philip Michael

This Couple Raised $10M in One Week. Here’s How (& Why) They Did It

One of the most popular investing topics is how to raise money. Everyone wants to know how to do it. Until recently, the very best real estate deals were limited…

Personal Development & Goals 1 min read

Apr 29, 2019Mar 16, 2021 Philip Michael

3 Ways to Develop a Winning Mindset

This shouldn't come as a surprise, but did you know that the biggest reason for success isn’t effort or education? It’s not even talent. It’s your mindset. So how do…

Wholesaling 4 min read

Apr 16, 2019Jun 20, 2023 Philip Michael

Wholesale Hacking: How to Find Monster Off-Market Deals Before Anyone Else

Remember the 3D investor? I’m talking death, divorces, defaults—three instances in which an investor sees opportunity. Well, there’s actually a fourth: distress. Distress makes for great opportunity, for wholesalers specifically—especially…

Investing For Beginners 5 min read

Apr 03, 2019Mar 16, 2021 Philip Michael

3 Deal-Making Tactics That’ll Help You Find (& Close) Real Estate Transactions

I often get asked what my best “weapon” is. While I took a corporate finance course in business school, my greatest skill is my understanding of psychology.

Investing For Beginners 1 min read

Sep 25, 2018Apr 06, 2023 Philip Michael

5 Ways Easily Invest In Real Estate Without Buying Property [Video]

Sure, buying real estate can be a costly affair. But it doesn't have to be. In fact, you can do it directly from your smartphone—and that's without ever managing a…

All 3 min read

Sep 09, 2018Mar 16, 2021 Philip Michael

Why I Decided to Develop a 13-Story, 84-Unit, 95,522-Square Foot High Rise

So I recently came across a deal. Corner lot, full block, but oddly shaped. A bit overpriced, but definitely doable. I immediately shot it over to my architect. "Dude, what…