Episode 209 - Jakob Andersen and Newmark’s Dallas team, closed over $1.8 billion in 2019. Today…not so much.

Jerry Seinfeld’s, very successful television show, was based on ‘nothing.’ Today’s podcast will be about ‘nothing’ too; no apartment sales, no new sales contracts, no lending….so…yada- yada- yada. Jakob Andersen, is a top producer at the Newmark- Dallas office. Is there blood-in-the-street, yet? Jakob says “not yet!…but possibly shortly” Jakob gives you an idea on what some Texas apartment operators are doing today to collect rents.

To contact Jakob Andersen: jakob.Andersen@ngkf.com

Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

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.

Episode 208 - What is FortuneBuilders’ Paul Esajian exploring in real estate investing today?

Paul Esajian, with FortuneBuilders, discusses several challenges and opportunities in real estate investing for both single family and multifamily. As one of the founders of FortuneBuilders- Paul has over 15 years of professional experience in the real estate investment and lending industry. Paul and his partners have been involved in over $1 billion of residential and commercial real estate investments during that time frame. FortuneBuilders educates individual real estate investors on how to be successful.

To contact Paul Esajian: fortunebuilders.com

Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

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.

OVERCOMING MARKET UNCERTAINTY: A 60 minute Conversation with the Apartment Experts.

Nick Fluellen, with Marcus & Millichap and Paul Peebles with Old Capital Lending, lead
a discussion with some of the experts in apartment investing during these Covid-19 times.
John Chang, national director of Research Services with Marcus & Millichap discussed the big picture with the economy and multifamily investing. John Sebree, heads up the National Multifamily Sales Group for Marcus & Millichap. He overseas hundreds of apartment brokers with Marcus & Millichap. He discussed; Is it a ‘buyers or a sellers’ market?
Michael Becker, with SPI Advisory, who has purchased over 10,000 apartment units, spoke about today’s challenges with asset management and rental collections during Covid-19. James Eng, with Old Capital Lending, discussed how Fannie and Freddie have changed some of their underwriting guidelines and what you should know.

1400 investors registered for this conference call to listen to these thought leaders.

Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

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.

ASK MIKE MONDAYS - Michael, on transactions that are CLOSING today, are buyers getting a DISCOUNT on sales price?

Michael Becker discusses what he is seeing in the apartment investing market today. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a ‘loaner’ and now a “owner” of commercial real estate.

Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Episode 207 - 2019 National Apartment Association winner Supriya Sriraman

Imagine winning Best Property in the Country Award by the NAA (National Apartment Association) Yes…that National Apartment Association. Their review looks at thousands of apartment properties in the nation. She won the 2019 award for Independent Rental Owner of Year with less than 250 units. She won on a 52 unit property called The Brix in Dallas. Supriya Sriraman tells you how it was done. She was in the high technology business and transitioned into property ownership and asset management. She keeps a close eye on her and her partners investment. She explains how she is managing her properties through the challenges with rental collections and leasing with the Covid 19 backdrop. She is the Queen of Apartments. She earned it.

To contact Supriya Sriraman: RedbrixPropertyGroup.com

Did you raise money in a syndication to buy real estate? Don’t want to get into trouble? Listen to attorney Gene Trowbridge.

Gene Trowbridge is a syndication attorney. He helps general partners legally raise money through a Private Placement Memorandums to invest in real estate or other investments.
Gene gives you a breakdown on structuring questions what general partners should be discussing with their syndication attorney. What’s your business plan? Where are the raised funds going to be invested in? How are the distributions going to handled? How much authority will the general partner have in this syndication? It is critical to understand your operating agreement documents and what authority the general partners has. You may want to review those documents…and find out if you are obligated as a limited partner to a “capital call” IF the property does not have available cash flow to pay expenses. This is an in-depth interview with a James “The Professor” Eng and Gene Trowbridge during the Covid 19 crisis.

To contact Gene Trowbridge: http://crowdfundinglawyers.net
To contact James Eng: JEng@oldcapitallending.com

Episode 206 - Chief Economist Greg Willett discusses “When the World Changed and the IMPACT on Apartments”

Greg Willett, Chief Economist with Real Page, discusses the three phases of action that apartment owners have had to immediately implement: 1) safety for employees and tenants. 2) keeping continuity with the business through virtual leasing tours with a smaller staff and the business office shut down 3) assess the damage and how to mitigate. Greg, chats about tenant retention and the challenges of future rental income growth. He reminds us what happen during the last great recession about 10 years ago. Listen to Greg and learn.

To learn more on RealPage: RealPage.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.