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The Best Ever CRE Show

JF 4054: Comfort Zones, Capital Raising and Building a Business ft. Michael Blank

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7996 Ratings

🗓️ 10 October 2025

⏱️ 58 minutes

🧾️ Download transcript

Summary

On this week’s episode of Next Level CRE, Matt Faircloth interviews Michael Blank. Michael shares his journey from leaving a lucrative software career and experimenting with pizza franchises and house flipping to finding lasting wealth through multifamily investing. He and Matt dive deep into the “scaling mindset,” highlighting the traps of single-family rentals, the need to adopt a who-not-how approach, and the difference between building a business versus staying a solopreneur. Michael also weighs in on today’s commercial market, why multifamily may actually be one of the best buys right now, and how baby boomer retirements are opening new opportunities in business acquisitions. Michael BlankCurrent role: CEO, Nighthawk Equity; Author, Podcaster, Real Estate InvestorBased in: Ashburn, VirginiaSay hi to them at: thefreedompodcast.com | LinkedIn | YouTube This is a limited time offer, so head over to aspenfunds.us/bestever to download the investor deck—or grab their quick-start guide if you’re brand new to oil and gas investing. Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com with code BESTEVER Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It’s free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at ⁠www.bestevercommunity.com⁠ Podcast production done by ⁠Outlier Audio⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You've probably noticed this. Despite all the headlines about record investment in renewables,

0:04.8

the world still runs on oil. In fact, demand keeps climbing. But here's what most investors don't

0:10.8

realize. A lot of institutional capital has actually pulled back from oil and gas because of

0:15.8

ESG mandates and political pressure. That's created a huge gap in production and a big opportunity for

0:22.1

individual investors. That's where Aspen's oil and gas fund comes in. Their last fund has

0:27.4

delivered six straight quarters of 15% annualized cash yield from producing oil wells. With their

0:33.3

current fund, they're targeting 29% cash on cash returns in over 10 years and 8.83 times equity

0:39.9

multiple. I've personally been impressed with the way Aspen approaches a space balancing the

0:45.1

stability of producing wells with the upside of carefully selected drilling projects. And here's a

0:50.7

bonus for best ever listeners. Aspen has lowered their minimum investment from $150,000

0:55.8

down to $100,000. One of their investors, Terry, put it best. We were new to oil and gas

1:02.1

investing and quickly found Aspen's approach sound. We've been very satisfied with the experience

1:07.6

and delighted with the returns. This is a limited time offer, so head over to

1:11.9

Aspenfunds.us.us forward slash best ever to download the investor deck or grab their

1:17.7

quick start guide if you're brand new to oil and gas investing. You subscribe to music, TV, your gym,

1:24.0

maybe even your weekly flowers, so why not your car? A pivotal car subscription

1:28.5

comes with serious horsepower. One simple monthly payment puts you behind the wheel of a

1:33.5

range rover or defender with everything from insurance to servicing taken care of. No long-term

1:38.6

commitments, no complications. Experience exceptional driving without the hassle of ownership or leasing with Pivotal

1:45.1

car subscription. Subscribe to smarter driving. Find out more at drivepivotal.com slash radio.

1:51.4

What is happening in Best Ever listeners? It's Matt Faircloth and welcome, welcome to the Best Ever

1:55.7

CRE show. My name is Matt, as I said, and this is my segment called Next Level CRE coming at you guys every, every Friday. So mark your calendar, write it down, and do us all a favor here best ever. Like this show, I like it. You should like it too. And add it to your subscription base, right? And tell a friend about this. And guess what? Today, we're going to be getting into some really crazy conversations about scale. And so if you are looking to go to the next level, be on the next level in your multifamily business or your real estate investing business in general, or if you know someone who's going the next level that owns a couple duplexes, couple triplexes, and they keep complaining to you, they're not growing enough, and you want to inspire them,

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