Get Rich Education

83: Go Big: Apartment Building Investing with Michael Blank of BiggerPockets Money Podcast: How to Invest for Financial Freedom

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Synopsis

#83: When should you turn your little green rental houses into a big red apartment building? Keith and Michael Blank from Bigger Pockets discuss this. Get profit-boosting tips on both buying apartment buildings, and syndicating them. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 02:38  Would you rather have 40 single family homes or 40 apartment units? 05:04  Tenant mix. 10:00  Michael transitions from the pizza restaurant business into raising money for real estate. 11:58  Running out of money is not your problem. It’s your opportunity. 12:31  RE Investor vs. RE Entrepreneur. 13:25  For syndicators, it’s easier to find the money than the apartment deal. 14:52  How do you find “the deal” today? 15:55  How do you get your offer accepted in a competitive climate? 21:26  Panama coffee parcel discounts up until June 30th. 23:32  Ways to increase a property’s NOI and cash flow. 28:06  Valu