EPS 263 - Story Time with Charlie Young: Buyer of 30,000 units

What could you learn from Charlie Young at Madera Residential? A LOT!
Charlie and his partners at Madera Residential have purchased over 30,000 apartment units. Yes…30,000 units. Over a decade ago, they started buying older & value-added Class C properties in demographically challenging areas. Today they are buying brand new and slightly older apartments in much better neighborhoods. Listen to some of his funny stories about apartment ownership. The real estate is easy; people are challenging.
To contact Charlie Young: charlie@maderaresidential.com
Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.
Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

ASK MIKE MONDAYS: “Should we TAKE THE REST OF THE SUMMER OFF from multifamily investing?

Boy, it is hot out there! We know the outside air temperature is red-hot during a Texas summer; but is the apartment investing market starting to cool off- is a deep freeze coming? Mike confirms that the fundamentals of apartment ownership are still very strong. Great occupancy and good rental growth are still being observed with apartments… but the head winds within the capital markets- through higher interest rates and lower loan leverage- have made a few potential apartment buyers uneasy. Mike discusses the state of the market. What should you do?
Listen to the guy that acquired over 14,000 apartment units.
Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.
Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Eps 262 - INTEREST RATES are blowing up; LEVERAGE is down; IS the PARTY OVER?

Long- and Short-term Interest rates have risen significantly over the last few months. Today, the Non-Recourse Bridge Lenders are issuing term sheets at much lower leverage and higher debt service. What happened and what impact will that have on your apartment investment? At the May- Old Capital Speaker Series we had INTEREST RATE GURU- JP CONKLIN, with Pensford in-person to discuss where interest rates are possibly headed and why interest rate caps are UP 10X from last year. You need to listen to this podcast- if you are an apartment investor.

To get a copy of the entire presentation contact: JEng@OldCapitalLending.com

Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.

Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

ASK MIKE MONDAYS : “SPECIAL ADDITION - Interest Rates are NOW RISING - What IMPACT will that have on my INVESTMENT?”

Listen and Learn. Many new real estate investors have never seen interest rates RISE significantly. Today the Fed is talking about a possible 2.5% rise in short term rates. That could mean your ALL-IN interest rate on your apartment loan could go to 5.5%-6%. Wow!! What impact will that have on your apartment investment? What impact does that have on adjustable rates on Fannie/ Freddie and Bridge loans? How much additional cost will I have to pay for an INTEREST RATE CAP INSURANCE? Mike reads a recent letter he received from his loan servicer with a FREDDIE FLOATER (Adjustable Rate) on it. Listen to how much his monthly impound cost will rise… to buy a required future interest rate cap. I think you will be astonished.
Listen to the guy that bought over 10,000 apartment units.
Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.
Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Eps 261 - Matt Pohl with Walker & Dunlop explains why….”Everyone wants to BUY APARTMENTS in Austin, Texas…”

“KEEP AUSTIN WEIRD” was written on many T-Shirts for the last 2 decades. College kids went to the University of Texas at Austin…and never came back home. They loved Austin’s unique culture, technology influence, and California vibe. Today, every apartment buyer wants to own in Austin. Austin is on fire!! Matt Pohl with Walker & Dunlop Investment Partners sells apartments in Austin & San Antonio (central Texas). Matt will give you an overview on why apartment buyers love this area and why companies are expanding. Great insight from the front lines.

To contact Matt Pohl: mpohl@walkerdunlop.com

Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.
Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

ASK MIKE MONDAYS - “Michael, why are apartment values going up so quickly?”

Is there too much money in the market chasing too few deals? Michael gives you a few examples on how sellers are reacting to this market. Today, Michael is selling a few large apartment communities. Michael shares with you on how they picked the buyer. Was it only the highest price? Did he check references from other brokers for certainty of close? Michael, explains what is important and what should you know.
Listen to the guy that bought over 10,000 apartment units.
Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.
Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Eps 260 - ‘INTEREST RATE FORTUNE TELLER’ JP Conklin – Shares his insight into where INTEREST RATES are headed in 2022. We think you will be surprised.

Are you buying an apartment building? Have you been watching where interest rates are at and going? WOW!! Are you concerned…? or should you be worried? JP Conklin with Pensford is an expert when it comes to giving you insight on interest rates for commercial real estate. JP is the ‘interest rate fortune teller.’ Pensford is a financial consulting group that gives real estate investors the ability to hedge interest rates. JP will give you the inside track on where interest rates are at today and where they are potentially going. Financing an apartment today; should you consider floating with an adjustable rate OR locking into a long-term fixed rate? Many loans are tied to the 10-year treasury…that has been rising recently…so this is a timely conversation in your decision. You don’t want to miss this discussion.

To contact JP CONKLIN: www.pensford.com

Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.

Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.