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MB299: 2021 Year in Review & Market Outlook for 2022

MB299: 2021 Year in Review & Market Outlook for 2022

Published 4 years, 3 months ago
Description

One of the best things you can do for yourself at the end of each year is take time to reflect on what you’ve learned and achieved. Celebrate your wins and apply the lessons learned as you plan for the year to come.

On this solo episode of Financial Freedom with Real Estate Investing, I reflect on 2021 through the lens of our core values here at the Michael Blank brands, sharing what I’ve learned about making intentional decisions based on what’s really important to you.

I discuss some of the milestones we’ve achieved in the last year, celebrating the launch of our Deal Maker Certification program and the three deals we closed through our investing arm, Nighthawk Equity.

Listen in for insight into the market outlook for multifamily in 2022 and find out what we’ve got planned for the new year—and how YOU can be part of our mission to help 1,000 families achieve financial freedom in the next five years!

Key Takeaways

The benefit of examining your core values

  • Focus on what’s important and make decisions accordingly
  • Align with right partners, team members and community

Our core values here at The Michael Blank brands

  1. Do what you say
  2. Do your best
  3. Make a difference
  4. Get stuff done

The Michael Blank brands milestones for 2021

  • Onboard several new team members
  • Host Deal Maker Live (first in-person event since COVID)
  • 1,000 reviews of book on Amazon
  • Launch Deal Maker Certification
  • Mentoring students close 1 deal/ week
  • Consolidate free resources at The Freedom Vault

Our podcast milestones in 2021

  • Rebrand to better reflect mission
  • Surpassed 3M downloads
  • Notable guests (Jordan Harbinger, David Meltzer, etc.)

Nighthawk Equity milestones for 2021

  • Closed 3 deals totaling 491 units, $90M
  • Built social media presence on LinkedIn and Instagram
  • Completed value-add renovations at 3 properties

My top lessons learned in 2021

  • Know core values and be intentional
  • Surround self with quality partners

The Michael Blank brands plan for 2022

  • Help 1,000 families become financially free in next 5 years
  • Build out Deal Maker Journey programs
  • Expand team and introduce new faces/voices

Why we believe multifamily will continue to do well in 2022

  • Millennials prefer to rent rather than own
  • Opportunities to increase value of assets

Why multifamily prices are likely go up in 2022

  • Growing inflation and higher incomes
  • Ongoing low interest rates, demand for affordable housing

My advice on creating an intentional plan for 2022

  • Reflect on what worked and what didn’t in last year
  • Write vivid vision and plan goals accordingly
  • Get clear on what financial freedom means to you

Resources

Get Your Tickets for Deal Maker Live

Access Michael’s Deal Maker Certification

Learn More About Michael’s Mentoring Program

Download Free Resources from The Freedom Vault

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