ASK MIKE MONDAYS - Michael, can we expect inflation in apartment buildings in the future?

With so much money spent by the government to keep the nation going during the pandemic; will we see inflation in the values of apartments in the future?
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 former ‘loaner- of money’ and now a “owner- of commercial real estate.”
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Webcast with John Griggs founded Presidium. They currently own over 13,000+ units valued at over $2BN.

TAKE A LISTEN: Just released from Marcus & Millichap/Old Capital Lending interview John Griggs. Since 2003, John built a solid portfolio of 13,000 units from SFR, Class B and C apartments. NOW, he is building 5500 ground up construction Luxury Apartments. How do you do that? Total Rockstar. Also, listen to RealPage's Greg Willett and CoStar's Paul Hendershot focus on the market trends Nationwide and in Texas. Worth the time investment to be inspired.
In this video, John answers questions about:
1) How he transitioned from attorney to Real Estate Investor
2) Starting in 2005 with one 100+ unit DFW deal to 13,000 units today
3) Transition from 3rd party management to self-management during the 2008 recession
4) Raising equity from friends/family to Private Equity
5) Transition from Class B/C to Class A Development
6) Forecasts on interest rates
7) New fund creation
8) Advice for multifamily investors

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, my property taxes and insurance keep going up; how do you fight to get lower annual costs?

Michael discusses the two largest line item expenses…taxes and insurance. It seems like every year these two operating expenses rise. What do you do?
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 former ‘loaner- of money’ and now a “owner- of commercial real estate.”
Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Multifamily Investing and Financing UPDATE May 2020

James “The Professor” Eng gives you straightforward information on what is happening with investing and financing for May 2020. His discussions include:

1) Financing your first deal
2) Case Study of forming your sponsorship group
3) May rent collection vs. Mar/April
4) FNMA/Freddie Mac/CMBS default data
5) Overview of why deals go on Watchlist and Special Servicing
6) FNMA/Freddie Mac Financing Update
7) Case study on How deals are still getting done
Q&A

This presentation is on YouTube:

https://www.youtube.com/watch?v=rO3gRb4Qw_U&list=PLHyWiX5X1UR_ekqnLTV1qu2x3sbVkEKr5

To contact James Eng: JEng@oldcapitallending.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.

ASK MIKE MONDAYS- “What happened to all the ‘DOOMSAYERS’ in March? How are collections for May?”

Back in March, at the beginning of the coronavirus, many apartment owners thought that rental collections would fall substantially. No Job, No Income, and then No Rent paid…made landlords very nervous. Today, rental collections on many properties have been not been affected significantly. 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 217 - First Time Apartment Buyers Give Advice on Acquiring a 48 unit building in Syracuse, NY.

Julie Peterson with Old Capital speaks with first time apartment sponsors Gary VanBortel and John Bilinski on their recent purchase of a 48-unit building right before the coronavirus hit. These former single-family investors met at a national multifamily conference and decided to become partners in acquiring apartments. This journey took a few twists over a few months. The seller was in legal trouble, title company would not insure title, initial lender backed out, original property manager was too small for the acceptance of Freddie Mac, asbestos in the floor tiles, and, and, …and. Yikes!! Listen to how they overcame these obstacles and succeeded in closing. Oh, by the way…Then coronavirus hits the month after closing. Great story.
To contact Gary VanBortel or John Bilinski: RocCapitalGroup.com
To contact Julie Peterson: JPeterson@oldcapitallending.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 216 - Bill Brancucci gives us “inside information” on why he left Wall Street real estate to buy local apartments. His group now owns 1500 units in 5 years.

Bill Brancucci wanted to get into real estate. After spending almost 30 years in New York doing investment analysis, management, and sales…he jumped into real estate investing a few years ago.
Bill discusses his first purchase and his last few acquisitions of apartments. He gives us insight on what mistakes he made and how he eventually recovered. Also, Bill gives useful knowledge on why he purchased properties in Georgia and South Carolina.

To contact Bill Brancucci: wbrancucci@citadelgrp.com citadelamerica.com/
To contact John Brickson: JBrickson@oldcapitallending.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.