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Michael Blank Review (2024 Update): Best Real Estate Coach?

By: JosiahOct 17, 2023Real Estate
Michael Blank Review ([year] Update): Best Real Estate Coach?

Have you thought about purchasing apartment buildings?

Today, I'm talking about Michael Blank, the leading authority in the US on apartment building investing. Michael recounts his extraordinary real estate investing journey of nearly losing everything before winning.

This review is for real estate investors who desire to live meaningful lives with passive income!

DISCLAIMER:

This Michael Blank review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

PROS
  • Apartment building investing expert
  • Author of the best-selling books
  • You know where your money goes
CONS
  • Less liquidity
  • Legal Liability
  • You need to educate yourself

Why Listen To Us

My name is Josiah, and this is my Dad, Joel.why listen us

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

why listen us gif

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online

  2. Straightforward-ness of the system to do it

  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

Michael Blank is a real estate investing entrepreneur.

Like with most real estate investing training coaches, you’ll likely be exposed to the “Big 3” investing types:

  • Flipping
  • Wholesaling
  • Long-term buy-and-hold

Regardless of which path you go down, there is a lot of potential with real estate investing.

After all, it’s the world’s oldest wealth-builder.

However, before you leave this Michael Blank review and jump into future deals, you might want to ask yourself:

“Is now the right time for me to get into real estate investing?”

Because, no matter which way you slice it, real estate investing is extremely capital intensive, labor intensive, or both.

So if you’ve only got an hour or two a day, or your savings account is a few zeroes lighter than you’re comfortable with, this might not be the best time for you to jump into real estate investing.

But that doesn’t mean you’re out of luck. It just means you need a system to free up more time and give yourself a stronger financial cushion.

A good way to get yourself there is with Digital Leasing.

Digital Leasing takes all the best parts of real estate investing, while eliminating most of the headaches:

  • Low cashflow
  • Interest payments
  • Mortgages
  • High overhead
  • Expensive repairs and maintenance
  • Problematic tenants

And the best part?

Digital Leasing allows you to build a passive income stream that’s actually passive!

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000).

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day analyzing deals, cold-calling homeowners, or dealing with contractors.

TESTIMONIAL - Still Getting Paid

If that sounds like something you’d be interested in, check out Digital Leasing.

This is the perfect first step to build recurring income that you can then use to start investing in real estate down the line.

However, if you’d still like to know more about Michael Blank, keep reading.

Who Is Michael Blank?

Who Is Michael Blank

Michael Blank is a true entrepreneur who is passionate about assisting others in achieving financial independence through real estate investing. He is the host of the well-liked Financial Freedom with Real Estate Podcast as well as the author of the Amazon best-seller "Financial Freedom with Real Estate Investing."

Through his training programs, he has assisted investors in buying approximately 40,500 units with a $3.5B market value. He is the CEO of Nighthawk Equity and has $300M in multifamily real estate under his control.

His multifamily assets across the United States are worth over $266 million through his investment company.

In contrast to his own investing activities, Michael Blank trains people on how to do their first apartment building through many coaching programs and a wealth of free resources on his website, TheMichaelBlank.com. Almost 137,000 units, worth over $635M, were acquired with his assistance.

He is enthusiastic about investing in apartment development projects, emphasizing raising money so that others might achieve financial freedom in one to three years.

Michael Blank

In addition to being the host of the highly successful Apartment Building Investment podcast, he is also the author of the best-selling book Financial Freedom Through Real Estate Investing.

He lives in Atlanta with his wife and 4 children. He has instructed students in computer science, financial literacy (both for adults and youth), and the acquisition of multifamily dwellings.

How Did Michael Blank Start?

How He Got Started

He chose to enter the real estate flipping business. He took to the books and found a local guide to help him along. In his quset, He made $110,000 after buying and fixing up two houses through his first direct mail campaign. He was getting pretty busy, so he took a break after a few more deals. But, between 2010 and 2012, when things calmed down, he rehabilitated 30 buildings with loans from individuals.

Repairing and flipping houses has limits because you can only make money by buying, fixing, and flipping. It's active. After selling the house, the money stops flowing. His goal was to become financially free through real estate.

He started his restaurant and real estate business simultaneously. In 2006, he started his first high-end pizza business in Alexandria, Virginia. Six places in two years. He bought two existing stores and increased sales by 50%, but the recession hit all locations, notably these two, and he was lucky to sell them both at a loss in 2009.

Attending a Dave Lindahl boot camp in 2007 sparked his apartment investment curiosity. After assessing roughly 60 Texas transactions, he nearly acquired an 81-unit in College Station, home of Texas A&M University, but he needed to be more relaxed with the restaurants. He discovered that investors desire something close they can drive to.

Michael Blank's Private Money Purchase

He always wanted private money to buy the apartment building. He has been refurbishing houses and selling them for profit for years. So, he borrowed $25,000 from friends and family at 12%–15% simple interest, guaranteed by the house. The title companies quickly handled the promissory note and deed.

Real estate was safe, profitable, and trusted. Due to these factors, relatives and friends invested happily. Considering commercial real estate, He asked existing investors whether they wanted to buy commercial real estate and if they could recommend anyone.

He soon gathered a few residential building investors. He made an investor package for a fake building because he didn't have a deal. The building's photographs, location, financials, and purchase price were accurate, but he manipulated the pricing to get the investors' returns. He presented a fake offer package to potential investors saying "I don't have a deal right now, but when I do, it'll look basically like this," he added, showing them the package.

He basically tempted investors before contracting the property. Investors responded promptly to his property transaction analysis. The 25% down payment, closing costs, and renovations required $250,000 in cash. He aims to give investors a 10%–15% average annual return. Based on cash flow, debt amortization, and resale predictions, he may undertake a 50/50 split with investors to obtain a 15% average yearly return.

Upon closing, he paid himself several thousand dollars for the acquisition. This trade took hours, so all of his investors were okay with it. An SEC attorney wrote a Private Placement Memorandum and LLC Operating Agreement that disclosed this. He was proud of closing this business against all obstacles.

Is Michael Blank A Scam Artist?

Scam or Legit

So, is Michael Blank a scam artist? Not technically. You can make money with real estate, but it’s definitely not as easy as Michael makes it sound.

There’s a ton of work to be done upfront, no real guarantee of success, and - most importantly - the actual profit margins on real estate investments are pretty small.

Now, there’s nothing wrong with front-loading the work and making the money later.

But if you’re grinding it out for 3 months - looking at deals, sending out offers, negotiating with the seller and lender to buy a rental property - and then your reward is like $100 a month in profits, it’s not really worth it.

What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (with a 90-95% profit margin)?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Leasing. 

And, unlike traditional real estate, you can legitimately do this from anywhere. It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

TESTIMONIAL - Saying Goodbye To Our Jobs

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.

Are the alternatives to Michael Blank

alternatives

Yes, there are plenty of other business models to choose from if you want to pursue this making money online.  Here are just a few:

What Is My Top Recommendation For Making Money From Home In 2024?

Digital Leasing

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.

Why?

1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.
Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money.

TESTIMONIAL - JUMP ALL IN

2) You Own & Control EVERYTHING: Yes, in traditional real estate you kind of “own” the properties. But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours.

A lender can take it away if you miss a payment. Not to mention, loan payments really impact your profit margins.

With Digital Leasing, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.

TESTIMONIAL - Feeling Blessed

3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront.

Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket...even before you do any work.

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

TESTIMONIAL - Scott Lead Gen

4) Minimal Ongoing Expenses: With traditional real estate, monthly expenses are HIGH.

Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim.

Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in).

With Digital Leasing, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.

TESTIMONIAL - Done Deal

5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

TESTIMONIAL - Lance Lead Gen

6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either...a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

BOSS OF MY FUTURE

Now, the choice is yours. You could continue browsing, looking at opportunities like Michael Blank offers which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

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