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

Typically, your lender brings in 75-80% of the capital needed to purchase an apartment property. Obviously the lender is very important to helping you complete the transaction. A lender term sheet gives you a rough indication of what rates and leverage could be. Michael discusses the basics of a lender term sheet. Paul also discusses the challenges of the GREEN PROGRAM in the future. FIND OUT-UP FRONT- if the seller has already implemented a utility savings program on the property. The GREEN PROGRAM rewards borrowers for investing in smart energy and water-saving improvements for a refinance, acquisition, or supplemental financing with a lower interest rate and more loan dollars. Something to be aware of: If the seller had previously completed the work that will save 20% in water or energy costs for either the landlord or the tenant; the new buyer may be challenged to find additional utility savings. If no additional savings are found by the energy audit, you will not get the interest rate savings or additional loan dollars. Yikes!

Craig Brown is an attorney and expert on educating clients on the benefits and risks of a TAX DEFERRED EXCHANGE. He has closed thousands of transactions and will give you specific advice for your 1031 exchange. Important Considerations for an Exchange: A) Exchanges must be completed within strict time limits. The Exchanger has 45 days from the date the relinquished property sale closes to identify potential replacement properties. The purchase of replacement property must be completed within 180 days after closing of the sale of the relinquished property. B) Identification of potential replacement properties must be specific and unambiguous, in writing, signed by the Exchanger, and delivered to a Qualified Intermediary. The list of identified potential replacement properties cannot be changed after the 45th day; the Exchanger must acquire from the list of identified properties or the exchange will fail. C) To avoid payment of capital gain taxes, the Exchanger should follow three general rules; 1) purchase a replacement property with a value equal to or greater than the value of the relinquished property, 2) reinvest all of the exchange equity into the replacement property, and 3) obtain the same of greater debt on the replacement property as on the relinquished property. The bottom line: You need to know a 1031-Tax Deferred Exchange specialist. To contact Craig Brown: [email protected] To contact James Eng: [email protected] To receive our FREE 15 page WHITE PAPER REPORT on the 2017 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.

Michael discusses his latest apartment sale and WHY HE picked this BUYER.

Scott Lamontagne and Zar Haro are with JLL in Austin/ San Antonio and sell a bunch of apartments in Central Texas. Scott is the managing director for the 11 person team based in Austin. Austin has been one of the hottest growth markets in the country. With a 20-34 year old population approaching 500,000, nearly a quarter of Austin's population consists of Millennials, which is tops among the largest U.S. markets. Business costs are cheaper than Silicon Valley, so Austin has been the recipient of many HQ relocating to Central Texas. (It doesn't hurt that Chip and Joanne Gaines, from the show Fixer Upper, have convinced many families to relocate to Waco in Central Texas) Scott & Zar discuss what apartment investors should understand about buying properties in Central Texas. To contact Scott Lamontagne: [email protected] To contact Zar Haro: [email protected] To contact Dave Walls: [email protected] To receive our FREE 15 page WHITE PAPER REPORT on the 2017 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.

Michael Becker hosted the TOP LISTING BROKERS panel at the Old Capital Multifamily Conference in Dallas. These 5 agents and their respective companies do almost 70% of the total sales in Dallas-Fort Worth. Wow! We have them all together. You will get an inside perspective on how apartment transactions are done in north Texas. Listen to questions and answers from the audience.

Tom Wilkinson is the 'dean' of apartment sales in Houston, Texas. He has been in apartment brokerage for over 25 years. He sells over 10% of all the B & C apartments in Houston; with most being OFF MARKET. Tom discusses what impact that Hurricane Harvey has caused on apartment owners. How will this natural disaster effect current and future investors? How much higher will insurance premiums rise? What much higher will labor costs go up? Will you be able to get buildings materials? What's the timing to bring these down apartments back online? Will there be opportunities for investors in the near future? Listen to what Tom discusses. Great article on impact of Hurricane on Houston apartments: https://www.realpage.com/mpf-research/many-as-43000-apartments-appear-off-line-metro-houston/ Contact Tom Wilkinson: [email protected] www.ketent.com Contact Hans Box: [email protected] To receive our FREE 15 page WHITE PAPER REPORT on the 2017 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.

Michael Becker hosted the TOP LISTING BROKERS panel at the Old Capital Multifamily Conference in Dallas. These 5 agents and their respective companies do almost 70% of the total sales in Dallas-Fort Worth. Wow! You will get an inside perspective on how apartment transactions are done in north Texas.

Gene Trowbridge is an attorney that specializes in helping clients raise investor money through syndication. If you are really rich, you can buy apartments all by yourself. But, for most of us, we must pool our money together called a syndication. The government has specific rules that syndicators must follow. The sponsor or syndicator is the person (or group of people) who sets up the investment structure, brings together the pool of investors, oversees and manages the investment, and ultimately through their efforts generates a profit for the investors. Gene describes some of the gotchas that syndicators must know before they start to raise investors money. You will want to take notes in this high content podcast. To contact Gene Trowbridge: crowdfundinglawyers.net To contact James Eng: [email protected] To receive our FREE 15 page WHITE PAPER REPORT on the 2017 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.

Michael explains some of the obstacles that may trip you up when applying for a commercial real estate loan. You have too much at risk- financial & reputation risk, not to understand some of the hurdles you may encounter.

Growing up in Australia, his parents instilled the value of owning real estate. About two years, he made the decision to get out of the RAT RACE and began to acquire apartments. He currently lives in central Texas. He and his partners own apartment buildings in California, Arizona and Texas. Selvam purchased a FRACTURED CONDO in Arizona and explains the challenges on owning and financing a condo that you do not own 100% of all the units. Afterwards, Selvam shares his experience on purchasing a large apartment building in San Marcos, Texas. San Marcos has tremendous growth and its 30 minutes south of Austin. Selvam explains on how he found and the closed on the transaction. To contact Selvam Sabapathy: [email protected] To contact Hans Box: [email protected] To receive our FREE 15 page WHITE PAPER REPORT on the 2017 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.