ASK MIKE MONDAYS: “Michael, how big of an impact will this recent REDUCTION of interest rates have on the apartment industry?”

Apartment investing has been challenged in the last two years…with rising interest rates on both short term and long-term rates. The 10-year Treasury spiked up to 5% just 90 days ago…and is now down 110 basis points; that’s a large move….SO what effect will that have on apartment investing? Michael chats about what challenges and opportunities he is observing 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. If you enjoyed this discussion; Please leave us a 5-STAR RATING on iTunes.

EPS 297 - Want to listen to someone REALLY, REALLY SMART about apartment trends? Listen to Chief Economist Jay Parsons at RealPage.

Want to listen to someone REALLY, REALLY SMART about apartment trends? Listen to Chief Economist Jay Parsons at RealPage.
Jay Parsons serves as Senior Vice President, Chief Economist for RealPage. He provides deep insights on market trends and consumer behaviors. He is a frequent author and speaker on topics affecting multifamily apartments and single-family rentals, including rental housing investment and asset management strategy, rental housing policy issues, risk mitigation and property management. He’s the guy you want to listen to….

Are you interested in learning more about how Multifamily Syndications work? Please visit spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.

EPS 296 - “What’s my apartment worth today?” Listen to JLL’s TOP Apartment Appraiser.

Kai Pan, MAI serves as Executive Managing Director and National Multi-Housing Valuation Lead for JLL Value and Risk Advisory in the United States. How do you value your apartment building today? Ask the broker trying to get your listing, Ask a potential buyer that wants a discount, then Ask a lender that reviews the current financials and figures out a loan amount…and you will get three different answers! What’s the upside for property values today? What areas still have future “outsized” rental growth? Are the loan special servicers panicked?
To contact Kai Pan: https://www.us.jll.com/en/people/kai-pan

Are you interested in learning more about how Multifamily Syndications work? Please visit spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.

EPS 295 - Every Good Fighter Pilot Starts a STORY the Same Way… “So, there I was….”

Lane Beene knew he was in trouble when a surface-to-air missile was headed to his F16 over Yugoslavia . Packed with explosives and metal shards, this “hyper-maneuvering” missile was prepared to destroy our American pilot and his plane. Lane Beene chats on stage at the 2023 Old Capital Conference on how apartment syndicators have faced tough challenges these days with higher interest rates, expanding cap rates, and short maturities on bridge loans. Are we going to get shot down? Are we going to crash? Can we recover and be successful? Lane tells an exciting story.
BONUS: Rocking Chair General Partner- Michael Ochstein with Price Realty shares 38 years of apartment ownership experience. Listen to a strong apartment operator.

Are you interested in learning more about how Multifamily Syndications work? Please visit http://www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.

EPS 294 - 2023 Old Capital Conference Highlights: “Top Gun” Apartment Sponsors- YOU NEED TO LISTEN!

In Top Gun, the main character was Maverick. Maverick was successful because he thought outside of the box. I think all of us have a “little” Maverick inside. These Apartment Sponsors share their story on how they left their W2 job and became successful apartment owners. These experienced sponsors “think” a little outside the box, too. They chat about numerous topics: How do you scale up to the next larger property size? Should you self-manage? How do you raise capital today? Next year- join us at the 2024 Old Capital Conference and Get Networked.

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. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.

EPS 293 - 2023 Old Capital Conference Highlights: Top Dallas Brokers Listing Panel- Up to the Minute info.

Over 550 apartment investors heard the “best of the best” Dallas apartment brokers give insight on what owners and buyers need to know. Some legacy owners (last 1-3 years) are in lifeboats because of their debt structure. Can they survive? Can you take advantage of buying some of these assets? What are cap rates? What should we do now? Next year…join us at the 2024 Old Capital Conference and get networked.

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. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.

EPS 292 - “Saving Private Investor” Today, OUR mission is YOUR money!

We are at war! We are on the front lines. Yes…We are taking fire! Keep your head down! We, as apartment investors, are in a foxhole being bombarded with challenges every day. Higher interest rates, higher taxes and insurance, higher interest rate cap costs, pending maturities, cap rates going up…yes…lots of incoming problems. “If I make it through this…I’ll never do that again!” Today, we chat about battle lessons that investors are learning today and the solutions that are available. Legacy warriors/investors are having difficulties; but the New warriors/investors have opportunities. Which group are you in?

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. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.