ASK MIKE MONDAYS - Michael, I’m a PASSIVE INVESTOR and I am reviewing someone else’s underwriting; what should I be looking at?

IF you are a passive investor you want to review a realistic PROFORMA before you invest. Michael discusses line items on the operating statement such as rental rate growth, loss to lease, property tax step-up costs, and future labor costs. Are the assumptions from the SPONSOR too aggressive?

Episode 131 - Quarterly Loan Officer Roundtable Meeting: How to stay ahead in the ever-changing world of commercial real estate financing!

The Old Capital Lending team discusses the current apartment lending environment and what you should be aware of when structuring your transaction. James Eng shares his article on “The 7 Things Buyers Need to Do to WIN DEALS.” http://www.oldcapitalpodcast.com/blog/

To Contact a Loan Officer at Old Capital:

James Eng: JENG@oldcapitallending.com

Richardo Hinojosa: RHINOJOSA@oldcapitallending.com

Hans Box: HBOX@oldcapitallending.com

Jonathan Ferrell: JFERRELL@oldcapitallending.com

Les Meisl: LMEISL@oldcapitallending.com

Dave Walls: DWALLS@oldcapitallending.com

John Brickson: JBRICKSON@oldcapitallending.com
To receive our FREE 15 page WHITE PAPER REPORT on the 2018 FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about upcoming events at Old Capital Speaker Series please visit us at OldCapitalPodcast.com
Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn about Michael's Real Estate Syndication business with SPI Advi

Episode 130 - LANE BEENE won APARTMENT OWNER of the YEAR. He takes broken properties and turns them around. He helps his community, his tenants and, of course… his investors. What can you learn?

Lane Beene buys value added properties. He seeks distressed apartment assets in nice and mature neighborhoods. Many investors search for these ‘holy grail’ of opportunities. Many seek, but few find. Recently, Lane purchased three separate apartment buildings that needed repositioning. He shares his story on how he found these apartments and the amount of rehab that was necessary to reward him and his investors. He did such a good job, that the Fort Worth Apartment Association awarded him Apartment Owner of the Year. His smaller property competed against many large 300 unit- Class A- REIT owned properties. Unbelievable!

Episode 129 - Lessons learned from an out of state apartment owner-operator: JC Castillo

JC Castillo has been investing in apartments for 12 years. He lives in Northern California and owns and operates properties over 1800 miles away. How can you find, purchase and operate properties from a distance? JC has some inside tips on how to build relationships with listing agents so you get selected in best and final and then have agents bring you the elusive “off market” deal. JC is a relationship buyer of apartments. He sets the expectations up front with the listing agent on closing on time and with as little difficulties for the seller.

JC has created the Apartment Investor Network in San Jose, California. This apartment group will bring other apartment owners and investors together on a regular basis to network. The Apartment Investor Network will bring in industry speakers to discuss the latest information on apartments.

To RSVP to the MAY 2 event with COSTAR APARTMENT ANALYST DAVID KAHN in San Jose, CA:

https://www.multifamgroup.com/events/

To receive our FREE 15 page WHITE PAPER REPORT on the 2018 FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about upcoming events at Old Capital Speaker Series please visit us at OldCapitalPodcast.com

Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn about Michael's Real Estate Syndication business with SPI Advisory LLC.

Episode 128 - Does your offer stand out? Top Apartment brokers - Nick Fluellen & Bard Hoover explain what sellers are looking for in a new buyer

Nick Fluellen and Bard Hoover are the top apartment brokers in the Marcus & Millichap office in Dallas. Their team did more transactions in 2017 than any other office in Texas. These top producing apartment brokers discuss the positive ‘tea-leaves’ that they continue to see in Dallas commercial real estate. Dallas investors continue to enjoy the fundamentals of population growth, rental affordability, and job growth. Also, Nick & Bard discuss some of today’s challenges with lower leverage on transactions, contraction in cap rates and higher interest rates.

To get more information about Fluellen Hoover Multifamily: https://www.facebook.com/FluellenHooverMultifamily/

To get multifamily opportunities from Fluellen Hoover Multifamily: http://multifamilyadvisors.com/

To receive our FREE 15 page WHITE PAPER REPORT on the 2018 FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about upcoming events at Old Capital Speaker Series please visit us at OldCapitalPodcast.com

Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn about Michael's Real Estate Syndication business with SPI Advisory LLC.