Episode 115 - Want to know what’s going on within the apartment industry? LISTEN TO THIS GUY

Greg Willett is the Chief Economist for Real Page. Real Page is a technology & data analytics company that focuses on multifamily. They provide property management software for over 12,000,000 apartment units in the nation. The data that Real Page collects- assists owners, investors, and lenders to determine apartment trends and movements. Greg is a wealth of information that will help you understand on what is happening in the apartment industry.
https://www.realpage.com/mpf-research/
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 - Michael Becker is interviewed by SVN’s apartment agent Mark Allen

Mark Allen is with SVN’s office in Dallas. He is a licensed apartment Realtor and has a podcast focused to apartment buyers. Mark interviews Michael Becker on the challenges of deal flow.

Episode 114 - Old Capital Multifamily Conference LENDERS PANEL: Fannie Mae, Freddie Mac and Bank lenders are featured.

Listen to what the LOAN DECISION MAKERS are looking for to approve your apartment loan.
We had an in depth discussion, in front of over 450 investors at the Old Capital Multifamily Conference, last month in Dallas. You will take away a few nuggets of underwriting information that will help you succeed in financing your apartment transaction.

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 - Michael, what documents do I need to get from the SELLER before I can submit an LOI? What is needed upfront?

Obviously a T12 and rent roll will be needed to make a legitimate offer to purchase an apartment property. Also, Michael discusses some of the pitfalls looking for the OFF MARKET deals

Episode 113 - Lenders Roundtable for 4th Quarter

We sit down with the loan officers at Old Capital and listen to an update on commercial real estate lending.

To contact James Eng: JEng@oldcapitallending.com
To contact Les Meisl: LMeisl@oldcapitallending.com
To contact Ricardo Hinojosa: RHinojosa@oldcapitallending.com
To contact Dave Walls: DWalls@oldcapitallending.com
To contact Jonathan Ferrell JFerrell@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 - Michael, what is your opinion of FHA APARTMENT loans?

A timely question; Michael and his team are currently assuming a FHA loan. FHA is a federally guaranteed program under the government’s Department of Housing and Urban Development (HUD). FHA Loans can be used for the purchase/refinance as well as the construction/ substantial rehabilitation of multifamily or healthcare properties. Loans are non-recourse (except standard carve-outs) and rates are very competitive with 35-40 year fixed terms and amortizations. FHA are available nationwide and are available for any market (primary, secondary, tertiary). Michael describes some of the benefits and challenges with FHA financing of large apartment buildings.

Episode 112 - What CHALLENGES do you have when you buy two large assets, at the same time, in two different states?

Wow! How would you like to work on two separate purchase transactions at the same time? These investing partners found themselves with two accepted LOI’s. They could have dropped one and focused on the other one…but they and their investors decided to move forward with these two purchases. Menon and Ajai are investing partners. Menon lives in Northern California and Ajai lives in Dallas. After submitting numerous LOI’s, their offers on Magnolia Woods (240 units) in Atlanta, Georgia and The Carlton Apartments (108 units) in Fort Worth, Texas were accepted.
Menon explains on why he made the decision to invest in apartment education and mentoring BEFORE he invested in apartments. Ajai, expounds on some of the challenges they found on takeover of both properties.

To contact Ramakrishna Menon : menairproperties@gmail.com
To contact Ajai Sharma: aimnextrealty@gmail.com
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.