Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles

Danny Baker is one fired up guy! If he was selling cars…he would be the best car salesman. If he was an economics professor…he would be your favorite teacher. Danny educates you on what he is observing in apartment investing in Texas. Since 2012, Danny and his team have closed over $30 billion in multifamily investment sales for CBRE. He works with syndicators, institutional buyers, and family offices. Listen to what he is passionate about. You could probably guess….apartments! 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.

If you are an apartment investor…you need to know what all your costs are going to be in the future. How much for insurance? How much for property taxes next year? How much is my debt service going to be for next year? Am I going to have a NET OPERATING INCOME or a NET OPERATING LOSS? JP Conklin gives us an idea on where interest rates are headed. Typically, your mortgage is the largest line-item expense on your operating statement… It would be good to know if you have an adjustable rate or if you are going to refinance in the future…on where interest rates are headed. JP gives you some insight. 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.

As you can imagine, with interest rates rising, many apartment investors have been pencils down. Investors are concerned with lower asset value & higher debt service. Is there any good news out there? What are some of the positive ideas that are occurring in apartment investing? Mike is starting to see some positive "green shoots." Mike discusses some of those encouraging thoughts on what he is seeing in apartment investing. Listen to the guy that has 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.

Boy is hot out there!! Really…its 108 degrees in the Dallas in middle of the summer BUT… the apartment market is still a little chilly. Are deals trading? What's available for debt these days? What's going on with retrades; is that still happening? For the last few years…listing agents controlled ALL THE CARDS…today its different…the BUYER is in control! Really? Yes! AND…take advantage! James "The Professor" Eng gives you the update on what buyers and sellers can anticipate with apartment investing with higher interest rates and higher cap rates. 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.

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: [email protected] 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.

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.

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: [email protected]

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.

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.

"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: [email protected] 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.

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.