In this episode of The Financial Freedom with Real Estate Investing podcast, Michael Blank sits down with Scott Todd, a Deal Maker who successfully transitioned into multifamily real estate. Scott shares how he closed his first deal, the key lessons he learned along the way, and how he overcame the fear and obstacles that stop many investors from taking action. If you’re on the fence about multifamily investing, this episode is packed with practical insights that will give you the confidence to move forward.
Key Takeaways
Key Takeaways
- How Scott Got Started in Real Estate
- Transitioned from his previous career into real estate.
- Discovered multifamily investing as the fastest way to financial freedom.
- Started with no prior experience but took action to learn the process.
- Lessons from His First Multifamily Deal
- The biggest challenges he faced and how he overcame them.
- How he structured his deal and raised capital as a first-time investor.
- What he would do differently if starting over today.
- Overcoming Fear and Taking Action
- The mindset shift that helped him push past self-doubt.
- How he took the leap despite not having a perfect plan.
- Why waiting for the perfect time will only slow you down.
- Finding the Right Support System
- The importance of mentors and networking in real estate.
- How joining a like-minded community accelerated his success.
- Why trying to do everything alone is a costly mistake.
- Scaling Beyond the First Deal
- How closing his first deal changed everything.
- The next steps he’s taking to grow his portfolio.
- Advice for new investors looking to get their first deal done.
Connect with Scott
Connect with Michael
Resources
Access the #1 FREE Apartment Investing Course (Apartments 101)
Schedule a Free Strategy Session with Michael's Team of Advisors
Explore Michael’s Mentoring Program
Join the Nighthawk Equity Investor Club
Review the Podcast on Apple Podcasts
Get the Book, Financial Freedom with Real Estate Investing by Michael Blank
For full episode show notes visit: https://themichaelblank.com/podcasts/session466/
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com