ASK MIKE MONDAYS - Michael, what should I include in the LETTER OF INTENT and what’s the SECRET SAUCE to get it accepted?
/Michael discusses the mechanics of pushing over a letter of intent to the seller and how to get that offer accepted.
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 132 - “The Corporate Monkey” starring Michael Becker
/This was the title to the recent Jake & Geno Podcast that featured the “Michael Becker” story. We love that story and wanted to hear it again. Michael went from a lonely, top producing commercial real estate banker to the popular, apartment owner that we all know and love today. After 15 years in banking, Michael went from a “loaner to an owner.” Are you an engineer, doctor, or attorney and tired of being a “corporate monkey?” You will be inspired after listening to this podcast.
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 - Michael, I’m a PASSIVE INVESTOR and I am reviewing someone else’s underwriting; what should I be looking at?
/IF you are a passive investor you want to review a realistic PROFORMA before you invest. Michael discusses line items on the operating statement such as rental rate growth, loss to lease, property tax step-up costs, and future labor costs. Are the assumptions from the SPONSOR too aggressive?
Episode 131 - Quarterly Loan Officer Roundtable Meeting: How to stay ahead in the ever-changing world of commercial real estate financing!
/The Old Capital Lending team discusses the current apartment lending environment and what you should be aware of when structuring your transaction. James Eng shares his article on “The 7 Things Buyers Need to Do to WIN DEALS.” http://www.oldcapitalpodcast.com/blog/
To Contact a Loan Officer at Old Capital:
James Eng: JENG@oldcapitallending.com
Richardo Hinojosa: RHINOJOSA@oldcapitallending.com
Hans Box: HBOX@oldcapitallending.com
Jonathan Ferrell: JFERRELL@oldcapitallending.com
Les Meisl: LMEISL@oldcapitallending.com
Dave Walls: DWALLS@oldcapitallending.com
John Brickson: JBRICKSON@oldcapitallending.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 Advi
ASK MIKE MONDAYS - Michael, a friend wants me to review a property in an area that I am not too familiar with; any ideas what I should look for?
/Michael gives specific examples on what to consider when assessing a property that’s in a little tougher area of town.
Episode 130 - LANE BEENE won APARTMENT OWNER of the YEAR. He takes broken properties and turns them around. He helps his community, his tenants and, of course… his investors. What can you learn?
/Lane Beene buys value added properties. He seeks distressed apartment assets in nice and mature neighborhoods. Many investors search for these ‘holy grail’ of opportunities. Many seek, but few find. Recently, Lane purchased three separate apartment buildings that needed repositioning. He shares his story on how he found these apartments and the amount of rehab that was necessary to reward him and his investors. He did such a good job, that the Fort Worth Apartment Association awarded him Apartment Owner of the Year. His smaller property competed against many large 300 unit- Class A- REIT owned properties. Unbelievable!
ASK MIKE MONDAYS - Michael, do you see any concerns at the beginning of the 2nd quarter for 2018?
/Michael discusses some basic real estate economics that he is observing in the apartment marketplace.