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

Tony Lenamon manages ALL the apartment appraisers for JLL's national practice. He is the guy that lenders, borrowers, brokers, and developers listen to concerning apartment valuation today and in the future. What can you learn from a guy that has been through 40 years within the apartment industry? Wow!! He saw the savings and loan crisis, numerous recessions, and now COVID19. Tony talks about cap rates today, rent control and should you invest in secondary markets? This is a great conversation to soak in his knowledge.

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

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.

Perhaps. Obviously, it depends where your property is located at and the different state and local laws that are in place with Covid19. Today's podcast speaks about the updated CDC eviction rules for landlords. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former 'loaner- of money' and is now a large "owner- of commercial real estate." Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

"Darryl the Underwriter" helps you understand the different rules for non-recourse lending with Freddie Mac. What can you expect with additional Covid19 reserves? How more money do you need to raise? When is that going away? How can you get your money back? What are the concerns for being a brand-new apartment buyer? How much apartment experience do you need to use Freddie Mac financing? Wow!! Lots of questions. SO…lets get them answered.

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

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.

In the podcast today, we speak with Glenn Gonzales and Mike Woodfield of Obsidian Capital. Glenn has the vision and Mike has the muscles to make things happen. You may have heard Glenn's story or read it in his book- 'Maintenance Man to Millionaire'; Glen started at the bottom. Yes…he was the maintenance man at a small apartment building. He was making everyone one else rich so why not himself and his family. He saw that owning and managing your own apartment building was the way to make real wealth. Glenn went on to buy over 5000 apartment units. Today…he and his team are building Class A & B apartment complexes. A great story on how you can make it happen. He did it. Can you? To contact John Brickson: [email protected] To contact Glenn or Mike: https://www.obsidiancapitalco.com/

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

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.

Suzanne Baker and Craig Brown are industry experts with 1031 exchanges. They are attorneys and leading authorities on the 1031 exchange. Under Section 1031 of the United States Internal Revenue Code, a taxpayer may defer the recognition of capital gains and related federal income tax liability on the exchange of certain types of property, a process known as a 1031 exchange…BUT what happens if a new American President decides to REPEAL this part of the code. What happens to investors that have used 1031 exchanges for the last 100 years to purchase and rehab real estate? Is it a loop hole that tax payers have used to defer capital gain taxes? Is it a preferential treatment for the "wealthy"? Arguments against the 1031 exchange tend to emphasize the continually worsening financial condition of the federal government, or they highlight the evolution of 1031 away from its alleged true purpose. Under Section 1031, taxpayers can defer capital gain taxes for as long as they hold their property. This can result in the deferral of very large tax liabilities. We speak with the experts on what they know today with the movement to attack or change the 1031 exchange. You want to listen to this podcast. To contact Craig Brown: [email protected] Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast. 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.

Tim Bates has always wanted more. He first earned his mechanical engineer degree..and then he and his brother wanted to build homes. They opened up a very successful single family construction company for high end homes. He was building 25-30 homes a year. They achieved tremendous success…but Tim wanted more. He wanted to know about the numbers; the financials. He wanted to better understand the profit and loss. He went back to school and earned his MBA. That's where he saw the light or better…the numbers. He quickly realized that owning commercial real estate made sense and could be the path for increasing their net worth. So…he guided his family into buying apartments. Tim has done an excellent job in acquiring, rehabbing and stabilizing multifamily properties. Listen to his path for success. To contact Tim Bates: [email protected] Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast. 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.

Well….you need to find deals and find money! Building relationships with brokers, equity investors, contract attorneys, lenders, physical engineers, & SEC attorney should be your first course of action. Some folks may use LOOPNET to find their first deal and that is OK, but most SERIOUS BUYERS contact listing agents in the market. Don't be a jerk…this is a small business and word will get around. Sound advice in any business. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former 'loaner- of money' and is now a large "owner- of commercial real estate."

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

Lane Beene and Michael Walker are building a $52 million apartment complex outside Austin, Texas. Yes…over 300 units!! Want to learn on how they are doing it? Could you do it? How do you get started? What should you do first; raise the equity? get a builder? find and purchase the land? What do you need to know? Who needs to be on your team? What type of prior ownership experience do you need? How long will it take? Do you apply for a Bank or a FHA construction loan? So much information… that we broke it up into 2 podcasts. Lane & Michael teamed up to form Pilot Legacy Properties. Listen to how they assembled a group of professionals to build a large apartment building in an opportunity zone. Fritz Waldvogel with Colliers Mortgage explains what is important when qualifying for a loan.

To contact Michael or Lane: pilot-legacy.com

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

Lane Beene and Michael Walker are building a $52 million apartment complex outside Austin, Texas. Yes…over 300 units!! Want to learn on how they are doing it? Could you do it? How do you get started? What should you do first; raise the equity? get a builder? find and purchase the land? What do you need to know? Who needs to be on your team? What type of prior ownership experience do you need? How long will it take? Do you apply for a Bank or a FHA construction loan? So much information… that we broke it up into 2 podcasts. Lane & Michael teamed up to form Pilot Legacy Properties. Listen to how they assembled a group of professionals to build a large apartment building in an opportunity zone. Fritz Waldvogel with Colliers Mortgage explains what is important when qualifying for a loan.

To contact Michael or Lane: pilot-legacy.com

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

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.

JP Conklin knows interest rates.; in fact, he is an expert. JP is the industry leader for all things interest rate related at Pensford. JP Conklin and Michael Becker discuss the 'state of the market' and where interest rates are now and forecast their future direction. This is a timely conversation if you are looking to purchase and finance a large commercial property in the future. The entire world is searching for 'yield'- a rate of return on their money…and having troubles trying to find it. So far… the only real benefit… through this pandemic to real estate…has been a discount on interest rates. Is it time to take advantage? To contact JP Conklin: Pensford.com

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

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.