All Forum Posts by: Ryan Kindred
Ryan Kindred has started 0 posts and replied 2 times.
Post: Michael Blank Investing Course Reviews
- Investor
- Houston
- Posts 3
- Votes 13
Quote from @Robert B.:
Quote from @Ryan Kindred:
Hey, thought I’d share my perspective as someone who’s been through Michael Blank’s mentoring program and successfully closed on my first real estate syndication. As far as I know, he’s no longer offering the course. I believe that was phased out a while ago. With that said, a course alone isn’t enough to be successful in multifamily syndication. I found success by having a mentor, a solid support system, and a community of experienced operators around you.
My partner and I went through the program and ended up closing a 240-unit self-storage facility. We raised $2.1M in equity and earned a six-figure acquisition fee. I’ll admit, I had doubts when we first got started. But the structure of Michael’s program was thorough and ultimately helped us get across the finish line.
If you're just looking to buy a couple of rentals or maybe a small multifamily deal, you can probably get there on your own. But if you're planning to raise capital and take down larger deals, having the right guidance makes a huge difference. Hope this helps!
curious - of the $2.1M, roughly how much did you and your partner raise alone, vs the mentorship and capital raisers MB intro'd you to?
Hi Robert - MB's program gave us the tools and confidence to approach inner circle family and friends to organically educate them and raise capital through them. Then entire $2.1M was raised from 27 family and friends, but MB's mentorship program and the opportunity to leverage his network of experienced syndicators made all of the difference. Hope this helps.
Post: Michael Blank Investing Course Reviews
- Investor
- Houston
- Posts 3
- Votes 13
Hey, thought I’d share my perspective as someone who’s been through Michael Blank’s mentoring program and successfully closed on my first real estate syndication. As far as I know, he’s no longer offering the course. I believe that was phased out a while ago. With that said, a course alone isn’t enough to be successful in multifamily syndication. I found success by having a mentor, a solid support system, and a community of experienced operators around you.
My partner and I went through the program and ended up closing a 240-unit self-storage facility. We raised $2.1M in equity and earned a six-figure acquisition fee. I’ll admit, I had doubts when we first got started. But the structure of Michael’s program was thorough and ultimately helped us get across the finish line.
If you're just looking to buy a couple of rentals or maybe a small multifamily deal, you can probably get there on your own. But if you're planning to raise capital and take down larger deals, having the right guidance makes a huge difference. Hope this helps!