The LSCRE Podcast

Welcome to Episode 20 of the LSCRE podcast, where we're joined by a very special guest, my father Todd Beardsley. In this episode, he shares his incredible journey from a challenging start in the real estate industry to successfully transitioning from single-family homes to owning and managing 300 multifamily units in Texas.

Discover how Todd's unwavering tenacity, commitment to growth, hands-on approach, and pursuit of success along with the support of his wife Inna, have not only shaped his retirement dreams but also offered invaluable insights into the world of real estate.

Learn more about LSCRE:
www.lscre.com

In this week's episode, we're thrilled to bring you another exciting episode of our podcast. We kick things off by delving into floating rate debt. With rising interest rates on the horizon, is it time to reconsider your financing strategy? We explore the pros and cons, as well as the potential for more flexibility in your investments.

Find out why preferred equity in deals and the role of distressed capital funds are generating buzz in the real estate market. Is this the time to explore opportunities in these niches? We'll also talk about why good real estate deals are often purchased with negative leverage and what it means for your bottom line.

And for those daring investors, we'll delve into distressed capital funds and the intriguing opportunities they present in times of market uncertainty.

Learn more about LSCRE:
www.lscre.com

Today's episode, Craig and I kick things off by exploring the "fund to fund model" - a cornerstone of our capital strategy. We'll walk you through how this model fits into our capital stack, offering an in-depth look into its practical applications, considering our extensive experience in its use.

We'll be talking about early access during property acquisition, the escrow process on the front end, and some interesting aspects of the negotiation side. We will also do a recap of our recent event, LSC Summit 2023.

Learn more about LSCRE:
www.lscre.com

Welcome to Episode 17 of the LSCRE Podcast! We're joined by JC Clemens, the Chief Production Officer of Flagship Capital, a Houston-based capital provider. During the show, we discussed JC's background, the evolution of Flagship Capital, and how they approach deals from both debt and equity perspectives and how they navigate the ever-changing landscape of real estate investments.

Flagship Capital has an interesting history, and JC will take us through its evolution, from its origins as a general contracting firm in the late '70s to its transition into a capital provider. They've had their share of ups and downs, and JC will also share some valuable lessons they've learned along the way. He will explain the different factors they consider when underwriting projects and discover the importance of transparent sponsor relationships, co-investment strategies, and how to balance risk when deploying capital.

Learn more about LSCRE:
www.lscre.com

In today's episode, we've got a jam-packed agenda that's sure to keep you informed and engaged.

We're tackling a shifting situation in the real estate market, where deals are finally making sense without the need for creative number-crunching. It's a shift we haven't seen in years, and I will give us my insights into what this means for the industry and how it might impact your investments.

Discover how brokers are circling back with deals they initially pitched, and how escrow plays a crucial role in this process. Then, we'll break down a fascinating article "Tides Real Deal" that's making waves in the real estate world.

We'll also explore WeWork's recent announcement of $95 million in unpaid payments and the restructuring of leases, shedding light on their intriguing arbitrage play. But that's not all! We've got an eye-opening webinar to discuss regarding the gap, where Treasury's actions are making things increasingly complex.

Learn more about LSCRE:
www.lscre.com

Join us as we get personal with Hunter Thompson, discussing his entrepreneurial beginnings, insights, and his path to becoming a prominent figure in the private equity real estate sector.

Craig and I delve deep into Hunter's fascinating career, exploring his experiences, the valuable lessons learned, and even some colossal mistakes that have shaped his success. Hunter's insights on passive investing, diversification, and building a network in a recession are pure gold for aspiring entrepreneurs.

Learn more about LSCRE:
www.lscre.com

Welcome to another exciting episode of LSCRE Podcast! In Episode 14, join us as I uncover the origins and inspiration behind my second book which explores the art of structuring debt and equity for multifamily acquisitions, a crucial step after you've found the right deal.

Discover the three pillars of a successful real estate deal: price, structure, and management, and learn why structuring is the linchpin to making the numbers work in your favor. I also share the unexpected success of my first book, which focused on multifamily underwriting, and how it laid the foundation for the second book.

We also discuss the changing dynamics of interest rates, the resurgence of bridge loans, and the challenges investors and sponsors face in a market that seems to have only one direction. We explore the moral and financial implications of capital calls, the complexities of raising money in tough times, and the strategies and insights that will help you thrive in the uncertain world of real estate finance in September 2023 and beyond!

Learn more about LSCRE:
www.lscre.com

In this episode, we are joined by Brad Oliver, the Director of Acquisitions at LSCRE. Brad has been with the firm for a little over a year, overseeing our acquisition efforts and providing valuable insights into the real estate market.

We discussed acquisition strategies, broker interactions, and the ever-shifting landscape of real estate investments. We took a closer look at the dynamic real estate markets in Texas, with a focus on San Antonio, uncovering the challenges and opportunities that each market presents.

We also explore earnest money deposits as the real estate market undergoes significant shifts. With Brad's expertise spanning three different markets, we discussed how this deposit vary across regions, shedding light on the nuances within the Texas market.

Learn more about LSCRE:
www.lscre.com

In today's episode, we take a deep dive into the world of financial analysis in the context of multifamily property acquisitions. We explore the heart of our investment strategy – a spreadsheet meticulously crafted for underwriting multifamily deals. Learn why I chose to create a custom spreadsheet and how underwriting provides a detailed understanding of investments by examining quantitative and qualitative data.

Join us as we unravel the secrets behind this invaluable tool, its evolution, and the competitive edge it provides in the real estate market.

In addition, we discuss my two books, "The Definitive Guide to Underwriting Multifamily Acquisitions" and "Structuring and Raising Debt and Equity for Real Estate." These books provide a comprehensive guide to mastering real estate underwriting and fundraising strategies.

Learn more about LSCRE:
www.lscre.com

Welcome back to another episode of LSCRE Podcast! In this episode, we dive deep into a range of topics. We've got a fantastic lineup today, we revisit an intriguing "Skin in the Game" article that piqued our interest, especially since it connects to our previous discussions. If you recall, we recently unpacked the concept, and now we're circling back with fresh insights.

In today's ever-changing environment, creativity is key. We've got an eye-opening segment lined up where we explore unconventional yet effective ways to close deals.

From leveraging assumable loans, as highlighted in Rob's LinkedIn post, to tackling the challenges of dealing with market volatility, especially in the context of fluctuating interest rates.

Learn more about LSCRE:
www.lscre.com