Financial Freedom with Real Estate Investing Michael Blank

When I got started in multifamily, I was much too hands-off with property managers. Yes, I reviewed the numbers, but otherwise, I stayed away and simply let them manage everything.
Then I realized that experienced syndicators are much more actively involved with their property management companies, and we started to build more collaborative relationships.
So, where is the sweet spot between too hands-off and too involved? What does a healthy relationship between property managers and ownership groups look like?
Nathan Ridgeway is Regional Vice President at https://www.firstcommunities.com/ (First Communities), one of the nation’s most successful property management companies.
Founded in 1978, FCM has managed over 200K units in 100K communities, growing their market reach to include Washington DC, Dallas, Austin, Houston, Atlanta, Charlotte and Nashville.
On this episode of Financial Freedom with Real Estate Investing, Nathan joins Garrett and me to discuss the relationship between property management companies and ownership groups.
Nathan explains what differentiates FCM from other property management companies, describing his team’s approach to building a deep bench in a given market and managing expectations with ownership groups.
Listen in for Nathan's advice on vetting a property manager and learn how to strike the right balance between trusting your management team and verifying their performance.
For full episode show notes visit: https://themichaelblank.com/podcasts/session337/ (https://themichaelblank.com/podcasts/session337/)

Think you need an Ivy League education or 20 years of experience on Wall Street to set up a fund?
Think again!
Once you've done a handful of syndications, you can easily launch a fund of your own and simplify the process of raising money for multiple real estate deals.
Bridger Pennington is Cofounder and CEO of Fund Launch, an education platform that helps aspiring fund managers launch, build and scale a fund. Fund Launch has served more than 20K students with its hundreds of videos and dozens of downloadable assets.
Bridger also serves as Founder of Black Bridge Holdings, where he established multiple funds and facilitated more than 326 transactions across a variety of industries.
On this episode of Financial Freedom with Real Estate Investing, Bridger joins Garrett and me to discuss what differentiates a real estate syndication from a fund, describing when it's appropriate to start raising capital through a fund and how the process changes.
Bridger walks us through the pros and cons of raising money with a fund, explaining how it allows you to scale your business faster and close on a good deal more quickly.
Listen in for Bridger's insight on generating excitement around investing in a fund and find out how to launch a fund of your own and raise a huge pool of capital from investors for real estate deals!
For full episode show notes visit:
http://www.themichaelblank.com/session336/ (http://www.themichaelblank.com/session336/)

Investor relations is not about selling a deal. It’s about getting to know individual investors and solving their problems.
But what does that look like in practice? How do you connect with potential LPs and educate them around the benefits of investing in multifamily syndications?
Travis Watts is Director of Investor Education at Ashcroft Capital. He got his start in real estate in 2009, investing in single family and short-term rentals.
Travis became a passive investor with Ashcroft several years ago and was so impressed with their performance that he offered to join the Investor Relations Team in 2019.
On this episode of Financial Freedom with Real Estate Investing, Travis joins Garrett and me to explain why he transitioned from active investing in single family to passive investing in syndications.
Travis describes how he attracts new investors at Ashcroft and walks us through the pros and cons of raising capital through a fund.
Listen in for Travis’ best practices for taking care of investors and learn how to serve your LPs and solve their problems to grow your syndication business.
For full episode show notes visit:
http://www.themichaelblank.com/session335/ (http://www.themichaelblank.com/session335/)

Proximity is power. But how do you get in front of successful people when you're struggling yourself?
Sterling Griffin was homeless when he made the decision to surround himself with the people he wanted to become. Then he found creative ways to add value so they'd want to be friends.
And in just two years, Sterling went from living in his Honda Accord to making $1.68M.
Today, Sterling serves as Founder of Life Changer Academy and https://sterlingcapital.cc/ (Sterling Capital), a real estate firm that provides high-net-worth individuals with access to tax-advantaged investments.
On this episode of Financial Freedom with Real Estate Investing, Sterling joins cohost Garrett Lynch to share his journey to becoming a millionaire, explaining how he borrowed money and sold his car to invest in a mentor and why he's committed to inspiring others to see more for themselves too.
Sterling describes his transition from fitness trainer to business coach to real estate investor, discussing his decision to focus on triple net lease investing and the tax advantages of accelerated depreciation.
Listen in for Sterling's insight on finding the right people to learn from and learn creative ways to add value to high-profile people who will help you grow to the next level of success!
For full episode show notes visit:
http://www.themichaelblank.com/session334/ (http://www.themichaelblank.com/session334/)

The lack of affordable housing is a big problem in the US. And most developers shy away from these projects because it’s hard to make money.
But Alvin ‘Hope’ Johnson is not most developers. He’s found a way to innovate in the affordable housing space and ‘do good while doing good.’
Alvin is President of the Hope Housing Foundation, a nonprofit positioned to be one of the country’s most effective affordable workforce housing organizations.
He also serves as CEO of Multifamily Monopoly, an education platform for real estate developers interested in the process of multifamily development and ownership.
On this episode of Financial Freedom with Real Estate Investing, Alvin joins Garrett and me to discuss his journey from painting houses to $225M multifamily entrepreneur and describe the tenacity it took to find a mentor in the space.
Alvin shares his successes in affordable housing so far, explaining how he’s turning neighborhoods around, building sustainable workforce housing developments, and making a profit in the process.
Listen in for Alvin’s insight on pursuing a mission-driven business and learn how to leverage innovation to make money building naturally occurring affordable housing.
For full episode show notes visit:
http://www.themichaelblank.com/session333/ (http://www.themichaelblank.com/session333/)

As real estate investors, we spend years building up generational wealth. But a single lawsuit can tear it all down.
So, how do we put the right asset protection measures in place?
Garrett Sutton is the corporate attorney and asset protection expert behind https://corporatedirect.com/ (Corporate Direct), a firm that helps entrepreneurs and investors protect their assets, maintain their privacy and achieve their financial goals.
Garrett is also one of Robert Kiyosaki’s Rich Dad Advisors and the bestselling author of several books, including his new release, Veil Not Fail: Protecting Your Personal Assets from Business Attacks.
On this episode of Financial Freedom with Real Estate Investing, Garrett joins cohost Garrett Lynch and me to explain why asset protection is crucial for real estate investors at all levels.
Garrett discusses why an LLC is the best way for syndicators and apartment owners to structure a business and walks us through the most common mistakes people make when it comes to asset protection.
Listen in for Garrett’s advice on what insurance you need as a real estate investor and learn what steps you can take to protect both your personal assets and property from lawsuits.
For full episode show notes visit:
http://www.themichaelblank.com/session332/ (http://www.themichaelblank.com/session332/)