RETRADE 2.0 could be happening now with rising interest rates. Interest rates have risen significantly over the last 6 months. Can you remember what short term rates were in October 2021? SOFR was .05% in October....today its 2.98%. Long term rates, like the 10-year treasury, in October 2021 was 1.47% and now its almost at 4%. Do you think property values have changed? Apartment values that initially changed in May-June 2022; are changing again. Buyers that are under contract today…are considering re-trading to a lower purchase price with the seller because rates have been going up even higher than 90 days ago. Listen to what is happening today. 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.

Mike gives us an update on what to expect when you are raising capital to fund a transaction. First- it was higher interest rates, Second- it was the seller and the buyer not knowing the current value of property because cap rates have expanded, And Now, its raising equity to fund a deal. Are there LP's wanting to invest? Michael chats about how a typical capital raise is going today.

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.

It's good to be the KING in Texas Apartment Brokerage. Nick recently earned the title Executive Managing Director for Marcus and Millichap. Nick and his business partner, Bard Hoover, are consistently the top producers for the company. Nick shares his thoughts on what he sees in the apartment market with a "significant reset" on the capital markets, interest rates, inflation, valuation, sellers' expectations on value, the challenges today of selling 40–50-year-old apartments, and then having broker tour activity down almost 80% from last year. Yikes! Nick talks about the "green shoots" and the positive reflections that he is starting to see in the apartment market in Texas. What we like about Nick-- is that he doesn't give you broker speak…that everything is "positive" all the time. He talks about the good and the bad. Listen to the KING. To contact Nick Fluellen: [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.

Bhuvan and Pratima Sharma spent 25 years in the high technology industry. They loved their jobs…but spending 70-80 hours a week, traveling internationally, and not spending time with their children…they needed to find a better solution. They found it with apartment investing. Bhuvan and Pratima just closed on a very large, brand new- CLASS A property in McKinney, Texas; BUT they did not start there. They started with a small CLASS C- old property a decade ago. Over the last few years they accumulated over $300MM in real estate. If you don't start today; you won't be able to enjoy your success tomorrow. Listen to the challenges and solutions they found along the way. To contact Pratima Sharma: [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.

Retired after just 3 years investing in apartments, Brad has owned over 7,500 units in 11 different markets throughout the county AND has helped hundreds of students increase their worth by Millions following his proven step-by-step process. Learn from the guy that did it. Brad didn't start off with a silver spoon in his mouth; born of working-class parents in Pittsburgh, he bought his first apartment investment over 20 years ago and has been teaching apartment investing for 15. His passion is teaching and the millionaire mindset. Brad chats about the upcoming AIMNATCOM.COM event in Dallas on September 30-October 2. To contact Brad Sumrok: BradSumrok.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.

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.