Episode 254 - Jakob Andersen with Newmark discusses CAP RATES on apartments in Texas. Will compression continue?

What are apartment investors willing to accept for YIELDS today? Jakob Andersen with Newmark in Dallas gives us a breakdown on where CAP RATES are today. Also, Jakob breaks down who are the apartment buyers today. Is it institutional? Is it family office? Is it syndicators? What property class are they pursuing? Can that be sustained? Michael discusses how smaller groups can compete against larger and more experience apartment buyers to win deals. You don’t want to miss this conversation.
To contact Jakob Andersen: jakob.andersen@nmrk.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.
Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Episode 253 - Nick Fluellen with Marcus & Millichap- Dallas sells a '$#^@ load' of apartments

Nick Fluellen joined Marcus & Millichap in 2004 as a multifamily agent focused exclusively on assisting clients with the acquisition and disposition of multifamily properties. Since then, he has successfully closed more than 440 transactions totaling more than $3.1 billion in value. Nick Fluellen and his business partner, Bard Hoover, lead a team of over 20 agents and staff. In 2021, their team is leading all apartment brokers in Texas with of sales and listings. He discusses what to expect in Texas apartment sales for the remaining part of the year.
To contact Nick Fluellen: Nick.Fluellen@MarcusMillichap.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.
Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Episode 252 - Did you miss the 2021 Old Capital Conference? WE RECAP NOW!

Over 500 apartment investors enjoyed the 2021 Old Capital Conference at the Texas Rangers stadium in late September. James Eng gives you the recap of this outstanding annual networking event. Featured this year were: economist KC CONWAY, baseball Hall of Fame catcher - Ivan ‘Pudge’ Rodriguez, and HEB Grocery Store President- Scott McClelland. Of course we had the top apartment brokers, capital markets lenders and general partners discussing apartment investing today.

Old Capital is hiring. Contact James Eng at JENG@OldCapitalLending.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.
Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast

ASK MIKE MONDAYS- “Michael, insurance is a huge annual cost; any solutions to help me?

Michael gets into the weeds with apartment insurance. Inflation on building materials, labor, and the supply chain are having a direct impact on annual insurance premiums. When buying a property, don’t use the seller’s annual premium on costs on the PROFIT & LOSS. It could be off my several thousands of dollars. Make sure you get a updated & realistic insurance quote. BONUS QUESTION: Self-Management versus third party property management; what is better?
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.
Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Episode 251 - JP Conklin - Where are interest rates headed on commercial real estate loans?

You’ve heard of the ORACLE of OMAHA, right? Warren Buffet. Well…. Meet the Oracle of North Carolina! JP Conklin with Pensford. JP is the ‘interest rate fortune teller.’ Pensford is a financial consulting group that gives real estate investors the ability to hedge interest rates. JP gives you the inside track on where interest rates are at today and where they are potentially going. Financing an apartment today; should you consider floating with an adjustable rate OR locking into a long-term fixed rate? Many loans are tied to the 10-year treasury…that has been rising recently…so this is a timely conversation in your decision. You don’t want to miss this discussion.
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.
Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Episode 250 - You need to know West Texas Apartment Experts- Greg Brownd and Grant Roehm of KW Commercial

Many investors think of West Texas as oil and gas only. Well...this huge, economically diverse area takes over 8 hours to drive from Fort Worth to El Paso. Wow!! It’s like a whole different country; with many small and large towns in-between. West Texas could be an opportunity to grow your apartment portfolio. Greg Brownd and Grant Roehm explain why investors are buying apartments in Amarillo, Lubbock, Midland, San Angelo and El Paso.
To contact Greg: gregbrownd@kwcommercial.com
To contact Grant: grant.roehm@kwcommercial.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.
Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

ASK MIKE MONDAYS- “Michael, I’m new to rehabbing apartments. Where do I start?"

Apartment Rehab 1.0 - was probably completed 9 years ago by the initial round of value-add apartment investors on older buildings. Today, those units need to be updated with the latest amenities. Today Apartment Rehab 4.0 - is needed to keep tenants continuing to pay higher rents. Where do you start with a rehab? Michael gives you examples on what he did when he first got started in upgrading apartments and what he does 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 LLC.
Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.