Episode 205 - Interest rate update from JP Conklin at Pensford Financial. What you need to know!

Who has money to lend on real estate these days? CMBS, Fannie, Freddie, regional banks?
When the economy grinds to a halt; who lends money on commercial real estate? Are transactions actually being done? JP Conklin advises commercial real estate investors on the direction of interest rates. His group, Pensford Financial Group helps investors reduce interest rate risk. JP Conklin discusses pressures that many “securitized” lenders are challenged with right now.

To contact JP CONKLIN: pensford.com

To read JP Conklin’s most current newsletter: https://www.pensford.com/why-flattening-the-curve-is-overrated/

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.

How has the COVID 19 effected commercial real estate valuations?

Jeremy Roll has been investing in commercial real estate for over 18 years. He is an 100% passive investor and has invested in over a hundred different partnerships. He is a very savvy investor and has a well thought out perspective. (He is as sharp as they come.) In this podcast, James “The Professor” Eng discusses the challenges that commercial real estate investors will face with COVID 19. What will its impact be on real estate valuations and the general economy?

You must listen to this podcast!

To contact Jeremy Roll: JRoll@Rollinvestments.com
To contact James Eng: JEng@oldcapitallending.com

To Watch: https://www.youtube.com/watch?v=elxzcXUXDgk&t=125s

Surviving Scary Times with the Coronavirus in Multifamily

Today, you need direction and confidence to handle the Scary Times ahead in multifamily real estate. James “The Professor” Eng discusses Dan Sullivan’s “Scary Times Success Manual.”
James gives you 10 simple tips that you should follow. It can be tempting to focus only on surviving through difficult times, but with these tips in mind, we’re confident you can keep on thriving. Right now, that means providing the leadership you need to navigate successfully through the current global climate and combatting any feelings of fear, anxiety, and uncertainty.

To contact James Eng: JEng@oldcapitallending.com

To watch: https://www.youtube.com/watch?v=19e82oh3Ya8

Impact of Coronavirus on Multifamily: What Apartment Operators Must Know Now!

As the situation around COVID-19 continues to evolve, we recognize that these are unprecedented times that most apartment operators have never been through. They don’t know, what they don’t know. James “The Professor” Eng explains what committed operators must do to keep their property cash flowing. This is up to the minute advice that all operators must heed.

To contact James Eng: JEng@oldcapitallending.com

ASK MIKE MONDAYS - SPECIAL EDITION - Mike, How bad is this coronavirus going to be on apartments?

This special edition focuses on what LIMITED PARTNERS and GENERAL PARTNERS can possibly expect with the impact of the coronavirus on apartment investments. You will want to listen to this.

Old Capital Bonus Segment: Command Authority with Lane Beene- “Meet Top Producing Apartment Listing Agents at Rowan Multifamily Advisors.”

Rowan Multifamily Advisors (RMA) is a full-service real estate brokerage company for the acquisition and disposition of multifamily assets in North Texas. They focus on ‘B & C’ multifamily properties. This family owned company is led by a North Texas apartment industry legend in Mike Burch. RMA was started in 2012 by Mike Burch, his son Coleton Burch and industry veteran Pete Hartnett. Mike has been selling and buying apartments for clients since the early 1980’s. Today, this regional apartment brokerage company has over $400 million in transactions under contract. Listen to their ‘hustle’ attitude for success.
To contact Coleton Burch: coleton@rowanmultifamilyadvisors.com
To contact Rowan Burch: rowan@rowanmultifamilyadvisors.com
To contact Lane Beene: Lane.Beene@pilot-legacy.com

Episode 204 - New 2020 Underwriting Rules for Small Balance Fannie Mae and Freddie Mac loans explained

Rickey is an underwriter/ gate keeper for a Small Balance Fannie Mae and Freddie Mac lender. He is an expert in providing smaller, non-recourse loans between $1,000,000 - $6,000,000 with the Agencies. Rickey explains what some of the new underwriting rules are for apartment buyers for 2020. Is Fannie Mae better? Is Freddie Mac better? Rickey helps you decide what loan could be a better choice for your current acquisition or future refinance. When deciding on the right type of apartment financing; make sure you understand the benefits (non-recourse, 30-year amortization, higher leverage) and future hard costs (if you want to payoff early) on each loan product. Making the wrong product decision could be painful and costly.
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.