The Old Capital Podcast is aimed at Real Estate Investors - both new and experienced.
Hosts Michael Becker and Paul Peebles deliver no-hype education and expert perspectives.
You will gain valuable insights from interviews with actual real life investors who are active in acquiring and operating apartment complexes. You will discover how they are identifying, financing and operating apartment complexes, as well as helpful advice on how to get started and avoid common mistakes.
Michael gives an example on apartment loan structuring and what you should consider BEFORE you lock yourself in with a future large prepayment penalty. When you are buying your first apartment building and it qualifies for a long term Freddie Mac loan, you may want to consider additional financing options if you are thinking of selling within the next 5-7 years.
The Old Capital Podcast is on the road in San Jose at the Northern California Apartment Investor Networking group. The guys take questions from the audience about the status of the apartment market. This podcast will give you an insight on what’s happening in the apartment investing market today from a large apartment operator and a commercial mortgage lender.
To join the APARTMENT INVESTOR NETWORK: https://www.facebook.com/apartmentinvestornetwork
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.
Michael discusses the opportunities and challenges that deal sponsors must consider IF they want to offer equity investors a preferred rate of return on their investment.
Hans Box is a talented, top producing commercial loan officer for Old Capital; but also is an investor and a CPA. Hans has been a deal sponsor or a passive investor on many real estate transactions over the last few years. Hans shares his experience in real estate investing and breaks down some common jargon into easy to understand terms. Hans also coaches passive investors to be proactive with deal sponsors. He wants you to recognize that you are making an investment not only on the jockey (deal sponsor) but also the horse (the apartment building). Can the deal sponsor clearly articulate what the goal of the transaction is all about? Are they buying a value-add property or a yield property? How much rehab is needed? What is the expected rate of return? When can I expect a return on my investment? How much “skin in the game” are the deal sponsors co-investing into the transaction? What CAP rate are they using on the sale? Listen to this comprehensive discussion on how passive investors make money in apartment syndications.
To contact Hans: HBox@OldCapitalLending.com or HBOX@BoxWilson.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.
Are you looking to invest into an apartment syndication? Most syndicators or deal sponsors will have a PRIVATE PLACEMENT MEMORADUM detailing the risks involved in investing in an apartment transaction. BUT, when listening to the deal sponsors pitch, you must ask a few questions also. Michael explains some of the simple questions that passive investors MUST ask the managing member or deal sponsor. Your money is important to you; so you need to understand the deal sponsors past track record in apartment investing, the economics of the deal story, when is your money going to be returned and what is the expected rate of return on the investment, and finally what level of rehab or renovation will be needed to increase NOI.
Rick Stilovich has been a commercial real estate broker for over 30 years. He represented OTHERS in purchasing and selling all types of commercial real estate. He made many of his clients very rich in real estate ownership. After retiring from real estate sales a few years ago, it was NOW time to focus on his own financial goals. Rick wanted to buy apartments for himself and his family. He wanted to buy a much larger apartment building than what his personal balance sheet dictated. He found that syndicating a transaction (raising equity with others) gave him the ability to buy a 64 unit building in Denton, Texas. Rick discusses the journey to get him into the position to buy a building.
To contact Rick: NOISEVentures@gmail.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.
Michael explains to a potential apartment buyer on what is important in the operating statement. Do you look at the trailing 1, trailing 3, or trailing 12? What is important? Michael talks about the importance of analyzing the trend line of income and expenses.
