ASK MIKE MONDAYS - What’s the impact with rising interest rates?
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Interest rates have been steadily rising over the last 6 months. Michael discusses the impact of what rising interest will have on underwriting apartment transactions.
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 123 - Females Wanted: Apartment Investing is not for men only
/Rupa Keskar has bought and sold over 1000 apartment units, but she hasn’t purchased a property in 18 months. Now, after 100 LOI’s, 40 property visits, numerous times at Best & Final… she is finally under contract with another property. Listen to the trials and tribulations of a real apartment investor trying to find the right transaction. Also, Rupa shares some investing lessons that has helped her.
To contact Rupa Keskar: prasiti.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
ASK MIKE MONDAYS - Would you invest in CLASS “A” or CLASS “C” apartments in a ‘hot market’ like Charlotte, NC?
/There are many ‘hot markets’ in various metro areas of the country. Charlotte is comparable to Dallas; Michael chats about similar markets and what he would invest in today.
Episode 122 - Learn about 2018 TAX REFORM and how it will impact you
/Not since 1986, have we seen major changes to tax legislation. Mark Patten and Mandy Thiebaud are CPA’s with McKinnon Patten in Dallas. They joined us in the podcast to explain what changes you can expect as a real estate investor. Mark expands on SECTION 199A. (QUALIFIED BUSINESS INCOME DEDUCTION) This is the biggest tax break afforded to small business owners in 30 years; it benefits owners/investors of pass-thru entities and needs to be understood when you invest in real estate. Mandy discusses SECTION 179 and COST SEGREGATION and 1031-EXCHANGES and if any changes were made with the new legislation.
Please contact your CPA or financial advisor for further clarification on how the new tax reform legislation will impact you.
To contact Mandy or Mark: www.mckcpas.com or 214 696 1922
Mandy Thiebaud, CPA mandy@mckcpas.com
Mark Patten, CPA mpatten@mckcpas.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.
ASK MIKE MONDAYS - Can you talk about the various levels of property management?
/When you hire a third party management company they perform several functions.
1) Accounting 2) Human Resources (employees work for the management company- not you)
3) Structured onsite and overseeing management.
If you don’t hire a third party contractor to handle these specific jobs, then you are the management company and have to perform all those functions.
Episode 121 - FUTURE DEAL SPONSOR? Listen to how a PASSIVE INVESTOR wants to be treated
/If you want to buy apartments; You will need money- lots of it! Passive equity partners supply most of your equity when you buy an apartment building. Charles LeMaire has invested in over 20 partnerships. He only invests as a limited partner. He brings great insight on how you should treat your limited partners.
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.
ASK MIKE MONDAYS - What steps does Michael take to PROVE UP his OPERATING PROFORMA when doing initial due diligence?
/When you put an initial PROFORMA- you have to make ASSUMPTIONS on the initial market rents and operating expenses. Michael examines how he backs those assumptions up.