In this episode of the Financial Freedom with Real Estate Investing podcast, we’re diving into part 2 of our 4-part series on the “4 Pillars of Apartment Investing Success.” This series is all about getting you ready to close your first or next multifamily deal in 6 to 18 months. Last time, we covered Deal Ready. Today, we’re talking about Deal Flow – how to keep those quality deals coming in consistently.
Michael shares why just browsing online listings won’t cut it and how building strong relationships with brokers is the real key to accessing off-market deals that don’t go public. You’ll learn how to establish yourself as a serious investor so brokers send you the best deals first. If you’ve been struggling to find good deals, this episode is for you!
Key TakeawaysWhy Deal Flow is Critical
- To grow your multifamily portfolio, you need a constant stream of high-quality deals.
- Without deal flow, you’re missing out on opportunities and may feel stuck or frustrated.
The Power of Off-Market Deals
- Many of the best deals never get listed publicly – they’re shared directly with a broker’s trusted investors.
- Michael explains why brokers prefer to share properties off-market and how you can become one of their “go-to” buyers.
How to Build Relationships with Brokers
- To get these exclusive deals, you need to position yourself as a reliable, serious investor.
- Michael shares tips on building broker trust, like knowing your numbers and providing quick feedback on deals they send.
Stand Out by Adding Value and Being Responsive
- Brokers appreciate investors who are quick, accurate, and provide value.
- By responding promptly and showing brokers you’re serious, you’ll establish yourself as someone they can count on for future deals.
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For full episode show notes visit: https://themichaelblank.com/podcasts/session459/