Episode 107 - Selvam Sabapathy GOT OUT of corporate America- and NOW OWNS almost 1000 units

Growing up in Australia, his parents instilled the value of owning real estate. About two years, he made the decision to get out of the RAT RACE and began to acquire apartments. He currently lives in central Texas. He and his partners own apartment buildings in California, Arizona and Texas.
Selvam purchased a FRACTURED CONDO in Arizona and explains the challenges on owning and financing a condo that you do not own 100% of all the units. Afterwards, Selvam shares his experience on purchasing a large apartment building in San Marcos, Texas. San Marcos has tremendous growth and its 30 minutes south of Austin. Selvam explains on how he found and the closed on the transaction.

To contact Selvam Sabapathy: selvams@avichiholdings.com
To contact Hans Box: hbox@oldcapitallending.com

To receive our FREE 15 page WHITE PAPER REPORT on the 2017 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.

ASK MIKE MONDAYS - When negotiating a purchase sales contract; can you give me couple of examples of deal points that the seller or the buyer wanted- that you didn’t want to give?

In today’s highly competitive apartment sales market, you must be a good negotiator to get what you want. Michael explains some sticking points that he has come across in the past.

Episode 106 - Transitioning from duplexes to multifamily with John Bollinger

John Bollinger wants to own an empire of apartment units….by 2022…he wants 10,000 units.
He started several years ago buying a duplex. He lived on one-side and rented the other side. He got a little taste of being a landlord. He liked having a small “cash register” or a tenant helping him achieve financial independence. Over the next few years, he bought several duplexes and four-plexes and then put together his own repair crew to rehab his properties. He then bought a 25 unit apartment building in the small town of Dilley, Texas. It was the only apartment building in the small town of Dilley. He liked the real estate investing business and wanted to make a career out of it. He reduced his hours at work and increased his hours into “his multifamily business.”
Today, John owns 174 units. His current portfolio is two assets -110 units in Victoria and 64 units in Kingsville, Texas. He manages his own properties. Listen on how he acquired these assets and what he wants to pursue in the future.

To contact John Bollinger: JBollinger@3CMmultifamily.com
To contact Dave Walls: DWalls@oldcapitallending.com

To receive our FREE 15 page WHITE PAPER REPORT on the 2017 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.

ASK MIKE MONDAYS - What are you working on right now? Urban or Suburban? What do you like and why?

Mike discusses some of the weaknesses and the strengths of the different property types (A, B, & C) in multifamily.

Episode 105 - Newbies #3 Anna Simpson - 70 unit FIRST TIME apartment buyer

Anna Simpson is determined to build a portfolio of apartments for her and her family. This gal is a dynamo! Originally from Russia, she has been in the Texas for the last 13 years. She got the real estate investment bug from her father. She had a vision on what she wanted to do (own large multifamily assets) and NOW she is executing on that vision. She is COMMITTED to making it a success.
Over the last few years she has been ‘in training’ to buy an apartment building. She educated herself with SPECIFIC EDUCATION on apartment investing from an apartment mentoring & education group. She made a few passive investments in other managing member’s apartment transactions…and now she was ready to buy her own deal. She was ready to lead. Anna tells the story about how she found her 70 unit apartment building in Arlington, Texas that came with some challenges and some opportunities.

To contact Anna Simpson: Anna_D_Simpson@Yahoo.com or www.SimpsonMultifamily.com

To receive our FREE 15 page WHITE PAPER REPORT on the 2017 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.

ASK MIKE MONDAYS - I want to get smart in multifamily; what do YOU read?

Mike initially focuses on high level national apartment market data and then general economy status and then shifts to local and regional apartment market information. He breaks his data sources into two different categories.
Pay: CoStar.com, yardimatrix.com, alndata.com/market-reviews/, axiometrics.com, realpage.com/yieldstar/mpf-apartment-market-updates-trends-webcasts/
Free: bisnow.com, multifamilyexecutive.com/business-finance/business-trends/
nreionline.com, connect.media, francemediainc.com

Episode 104 - The secret to raising more money and buying more units...KEEP YOUR EQUITY INVESTORS HAPPY!!

Ken & Wind Yue own hundreds of apartment units. They could not have purchased so many units without the help of happy equity partners. How do you make your equity partners happy? You have to be transparent. How you treat your partner AFTER you have taken their money is critical for your future success.
Ken & Wind do an excellent job in treating their ‘investing partners’ with respect. Problem partnerships can be challenged by poor communication from the managing member to their limited partners. Ken & Wind explain how they keep current and future equity partners engaged and happy with their apartment investments.

To contact Ken or Wind Yue: YueProperty@gmail.com
To contact James Eng: JEng@oldcapitallending.com
WeChat is found at www.wechat.com/en/

To receive our FREE 15 page WHITE PAPER REPORT on the 2017 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.