ASK MIKE MONDAYS - Mike, I am a fairly new investor. I keep hearing that I should be buying older apartment buildings that need to be rehabbed to get the highest return to my investors. Is that true?

BUT my real question is …should you only focus on investors that want no cash flow - in the immediate future- and then eventually get a capital gain in the future…..OR should you pursue investors that need monthly cash flow today to supplement the lowering of their returns on fixed income? What say you?

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.

ASK MIKE MONDAYS - Michael, I keep hearing about the tax benefits on buying apartments; can you explain it to my husband one more time? What is bonus depreciation and when is it going to expire?

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.

Episode 220 - Do you REALLY WANT TO LEARN about apartment investing? Michael Ochstein has been owning, managing large apartment building for over 35 years. Listen to his stories.

There are old pilots. There are bold pilots; BUT…there are NOT A LOT of OLD and BOLD pilots. Michael Ochstein has operated apartment buildings for over 3 decades and is not a BOLD PILOT that takes chances over several cycles. He has done it right and shares his ownership stories. How do you buy and manage thousands of apartment units, keep your personal financial statement clean, raise equity from hundreds of happy investors, never have a foreclosure, put lower loan leverage on the asset and then keep relevant in the apartment business? Listen to this discussion. Michael Ochstein, has seen a “financial crisis or two” over his career and gives his opinion on what is happening now with coronavirus and the impact on rental collections and low interest rates.

To contact Michael Ochstein: info@pricerealtycorp.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 219 - At 45 years old…Mike Spotts left his hi-technology job to become a full-time real estate investor. HE HAS NOT LOOKED BACK!

Graduating from college in 1987, Mike Spotts bought his first real estate investment; a duplex. He lived on one side and rented out the other. He was bit with the real estate bug. Over the next 20 years he worked his semi-conductor job and bought lots real estate. In 2009, his tech company offered him a buy out…he jumped out…and jumped into…a full-time real estate investor career. How do you go from buying single family homes to buying large apartment buildings? Mike shares his story on how he purchased several large apartment buildings with fellow investors. He gives you a road map on how he purchased, manages, and raises capital for his next opportunity. Could you do this?

To contact Mike Spotts: MSpotts@greystoneprop.com
To contact Ricardo Hinojosa: RHinojosa@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 - Michael, I am starting to see activity in buying apartments; what additional protection language should I add into the LOI?

Michael shares with you his thoughts on negotiating a potential purchase sales contract and what protection language you should or should not add into the terms of the transaction. Michael gives you the insight on what is happening today in apartment investing.
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.

ASK MIKE MONDAYS - Michael, It is June…how are collections? Are tenants paying later in the month? Any update on what happens when unemployment benefits run out in July?

Michael gives insight on what he is seeing in rental collections and immediate concerns facing multifamily housing like decreasing asking rents and the cut off of unemployment benefits coming at the end of July.
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.

Episode 218 - Listen to how TWO HIGH SCHOOL FRIENDS started buying apartments outside of Minnesota

Professional Snowboarder, Dan Brisse, is known for taking risks on the powder. His insane stunts on a snowboard have made him gonzo famous at the X-Games. His business partner and longtime friend, Michael Roeder is a little more conservative…well…a lot more conservative (I think he still wears a tie.) These two buddies came together to create a business relationship that provides housing for hundreds through apartment syndication. Michael and Dan give us their background on how they started with single family homes and then transitioned into multifamily. They now own and oversee hundreds of apartment units in several states. The guys also talk about the benefits of hiring and using a mentor in purchasing apartments

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To contact Dan & Mike: granitetowersequitygroup.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.