Real Estate Investor Huddle

How to Generate Long-Term Wealth w/Michael Blank

Informações:

Sinopsis

Real estate investing is gaining traction as a great way to generate passive income. How can you generate long-term wealth using real estate investing? What should you be focusing on in the early stages of this venture? On this episode, we speak to leading authority on apartment building investing in the United States, author and podcaster, Michael Blank.   3 Things We Learned From Michael Blank Build relationships with good brokers The best way to find clients is through brokers. Good brokers foster long-lasting relationships with apartment owners, so they’ll be the first to know when an owner is considering selling. Work to gain the trust of these brokers, and they’ll be sure to connect you with the right people. Follow the ‘Law of the First Deal’ The law of the first deal states that within 3-5 years of completing your first deal, you’ll become financially free. Once your first deal goes through, you’ll also find that the second and third come in rapid succession. Form partnerships Partnerships are gaining