ASK MIKE MONDAYS - Michael, how are things going on your MOST RECENT apartment sale?
/Michael discusses his latest apartment sale and WHY HE picked this BUYER.
In Depth Interviews with Real Life Investors
Paul Peebles & Michael Becker
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.
Episode 110 - JLL - Austin/ San Antonio - What you need to know about the BOOMING GROWTH in Central Texas!
/Scott Lamontagne and Zar Haro are with JLL in Austin/ San Antonio and sell a bunch of apartments in Central Texas. Scott is the managing director for the 11 person team based in Austin. Austin has been one of the hottest growth markets in the country. With a 20-34 year old population approaching 500,000, nearly a quarter of Austin’s population consists of Millennials, which is tops among the largest U.S. markets. Business costs are cheaper than Silicon Valley, so Austin has been the recipient of many HQ relocating to Central Texas. (It doesn’t hurt that Chip and Joanne Gaines, from the show Fixer Upper, have convinced many families to relocate to Waco in Central Texas) Scott & Zar discuss what apartment investors should understand about buying properties in Central Texas.
To contact Scott Lamontagne: Scott.lamontagne@am.jll.com
To contact Zar Haro: Zar.Haro@am.jll.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 - LISTEN to the TOP BROKERS in DFW (2)
/Michael Becker hosted the TOP LISTING BROKERS panel at the Old Capital Multifamily Conference in Dallas. These 5 agents and their respective companies do almost 70% of the total sales in Dallas-Fort Worth. Wow! We have them all together. You will get an inside perspective on how apartment transactions are done in north Texas. Listen to questions and answers from the audience.
Episode 109 - Up to 43,000 Apartments may be OFFLINE in metro Houston. Is that an opportunity for investors?
/Tom Wilkinson is the ‘dean’ of apartment sales in Houston, Texas. He has been in apartment brokerage for over 25 years. He sells over 10% of all the B & C apartments in Houston; with most being OFF MARKET. Tom discusses what impact that Hurricane Harvey has caused on apartment owners. How will this natural disaster effect current and future investors? How much higher will insurance premiums rise? What much higher will labor costs go up? Will you be able to get buildings materials? What’s the timing to bring these down apartments back online? Will there be opportunities for investors in the near future? Listen to what Tom discusses.
Great article on impact of Hurricane on Houston apartments:
https://www.realpage.com/mpf-research/many-as-43000-apartments-appear-off-line-metro-houston/
Contact Tom Wilkinson: twilk4@ketent.com www.ketent.com
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 - LISTEN to the TOP BROKERS in DFW (1)
/Michael Becker hosted the TOP LISTING BROKERS panel at the Old Capital Multifamily Conference in Dallas. These 5 agents and their respective companies do almost 70% of the total sales in Dallas-Fort Worth. Wow! You will get an inside perspective on how apartment transactions are done in north Texas.
Episode 108 - Raising Money through Syndication: Doing it the RIGHT WAY
/Gene Trowbridge is an attorney that specializes in helping clients raise investor money through syndication. If you are really rich, you can buy apartments all by yourself. But, for most of us, we must pool our money together called a syndication. The government has specific rules that syndicators must follow. The sponsor or syndicator is the person (or group of people) who sets up the investment structure, brings together the pool of investors, oversees and manages the investment, and ultimately through their efforts generates a profit for the investors. Gene describes some of the gotchas that syndicators must know before they start to raise investors money. You will want to take notes in this high content podcast.
To contact Gene Trowbridge: crowdfundinglawyers.net
To contact James Eng: JEng@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 the TOP LOAN PITFALLS? Can you give me an example or two?
/Michael explains some of the obstacles that may trip you up when applying for a commercial real estate loan. You have too much at risk- financial & reputation risk, not to understand some of the hurdles you may encounter.