# MB503: Why We’re Buying Businesses Now (And You Should Consider It Too) — With Jay Bourgana Page: https://stenobird.com/podcast/financial-freedom-with-real-estate-investing-739376/mb503-why-we-re-buying-businesses-now-and-you-should-consider-it-too-with-jay-bourgana Text version: https://stenobird.com/podcast/financial-freedom-with-real-estate-investing-739376/mb503-why-we-re-buying-businesses-now-and-you-should-consider-it-too-with-jay-bourgana.md Podcast: [Financial Freedom with Real Estate Investing](https://stenobird.com/podcast/financial-freedom-with-real-estate-investing-739376) Published: 2025-12-22T05:00:00+00:00 Episode link: http://www.themichaelblank.com/ Audio file: https://episodes.captivate.fm/episode/83ed7a96-ab0c-4849-8a1d-b12e8b39a158.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/financial-freedom-with-real-estate-investing-739376/episodes/mb503-why-we-re-buying-businesses-now-and-you-should-consider-it-too-with-jay-bourgana Duration seconds: 2940 ## Resource In this episode, Michael sits down with Jay Bourgana , a turnaround expert and business builder who went from immigrant roots to overseeing $350M in real estate sales —and now focuses on acquiring and scaling profitable private businesses. Jay breaks down how buying established companies can accelerate wealth creation, how to structure acquisitions without becoming the day-to-day CEO, and why this strategy pairs naturally with syndication and real estate investing. If you’re curious about business acquisitions as a scalable, high-cash-flow complement to multifamily, this episode is for you. Key Takeaways Buying established businesses can outperform real estate on cash flow , with acquisitions often priced at 2–4x EBITDA and significant upside on exit. This strategy is not passive — business acquisitions are best suited for operators with experience, systems thinking, and the ability to build teams. The goal isn’t to run the business forever : acquire, stabilize, install leadership, and step back from day-to-day operations. Three systems drive every successful business : customer acquisition & retention, talent acquisition & retention, and financial visibility. Debt can dramatically amplify returns when paired with strong cash flow, including SBA loans and seller financing. Recurring-revenue businesses are ideal , especially those with an install + maintenance model that creates predictable long-term income. Connect with Michael Facebook Instagram YouTube TikTok Resources TheFreedomPodcast.com  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 Syndicated Deal Analyzer G… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/financial-freedom-with-real-estate-investing-739376/episodes/mb503-why-we-re-buying-businesses-now-and-you-should-consider-it-too-with-jay-bourgana/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/financial-freedom-with-real-estate-investing-739376/mb503-why-we-re-buying-businesses-now-and-you-should-consider-it-too-with-jay-bourgana.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.