EPS 282 - WHEN WILL INTEREST RATES STOP GOING UP? If you are an apartment investor, JP CONKLIN with Pensford, gives you that critical information!

WHEN WILL INTEREST RATES STOP GOING UP? If you are an apartment investor, JP CONKLIN with Pensford, gives you that critical information!
Today, in the podcast we feature JP CONKLIN with Pensford. JP walked through the future direction of interest rates after the .25-basis point hike last week. When will it end? We recorded his discussion with over 300 apartment investors at the Old Capital Speaker Series in Dallas on March 22. Again, the Speaker Series is an educational & networking event. We bring in top speakers in the apartment industry. JP is an expert in the direction of current and future interest rates and what effect it has on apartment financing and investors’ risk. You want to listen to him. We appreciate JP who flew in from North Carolina.
To get the Pensford Newsletter: Pensford.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. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.

*Final OC Speaker Series Interest Rate Update - March 2023

EPS 281 - Brazilian Immigrant… purchased over 2100 apartment units. How did he do it?

Brazilian Immigrant… purchased over 2100 apartment units. How did he do it?
Dante Andrade came to Texas with a huge talent- he is an expert piano player. He sharpened his skills at the internationally famous University of North Texas Jazz Band. He graduated and played in small clubs, big churches, and then taught students how to play. He loved playing music but also had the desire to get wealthy. He knew that playing the piano 24 hours a day…for 7 days a week… wouldn’t get him there. He had to find a better way. He discovered an apartment mentoring group, and they accelerated his learning. Listen to Dante’s journey on how, with the help of our DUS underwriter acquire over 2100 units. He’s living the American Dream…Are you?
To contact Dante Andrade: dante@tourocompany.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. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.

EPS 280 - Is Austin still HOT? Matt Pohl with Walker & Dunlop chats about the Austin, Texas apartment market.

Is Austin still HOT? Matt Pohl with Walker & Dunlop chats about the Austin, Texas apartment market.
International investors want to invest in the US. US investors want to invest in Texas. Texas investors want to invest in Austin. Today, Matt Pohl with Walker & Dunlop gives you the apartment update from the Capitol of Texas, Austin. Austin ranks second on the list of fastest-growing economies in the US. With a 2020 population of 2,283,371- the Austin MSA is no longer a sleepy little college town. Should you consider Austin for your investable dollars?
To contact Matt Pohl: MPohl@walkerdunlop.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. If you enjoyed this discussion…. Please leave us a 5 STAR RATING on iTunes.

EPS 279 - Checkmate! These ‘Knights’ are making outstanding moves in multifamily investing.

Today, Keith and Shannon Knight own and operate multifamily properties in North Texas. Prior to getting into apartment investing they purchased and operated a few single family vacation rentals in Orlando. It was a very profitable business but lacked the scalability. Luckily they found an education and mentoring group and became hooked on investing in apartments. They started in 2019 with the acquisition of a stabilized two property portfolio- of 40 units. In 2020, they purchased a 60 unit, heavy value add property. They spent over $28,000 a unit in rehab. Wow! Listen to the Knights share their story on how they got into apartment investing and the success they have had.

To contact Keith & Shannon: keith@knightreigroup.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.
If you enjoyed this discussion…. Please leave us a 5 STAR RATING on iTunes.

EPS 278 - February Speaker Series Greg Willett Apartment Economist

Did you ever listen to a guy that KNEW what he was talking about? I mean really knew the subject. The February Speaker Series features THAT guy. Greg Willett is with Marcus & Millichap- Institutional Property Advisors Group. He is the apartment economist that big institutional apartment buyers listen to, senior bankers listen to, he is quoted in numerous newspapers and financial articles, and now we want you to listen to him. Greg chats about what is currently on the horizon for apartment rental growth, cap rates, and what local markets are the best. Great conversation in front of 300 apartment investors.

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.
 If you enjoyed this discussion…. Please leave us a 5 STAR RATING on iTunes.

*A NEW CYCLE BEGINS by Greg Willett

ASK MIKE MONDAYS: “Michael, oh wise one…How are we going to get through higher rates on these apartment transactions and survive?

Higher Interest rates and lower debt sizing is what ALL apartment syndicators are anxious about today. What is your defensive strategy? Michael gives you INSIDE INFORMATION on how he is structuring his transactions in this environment. Survive until ’25.
Listen to the guy that has acquired over 14,000 apartment units.
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.
If you enjoyed this discussion…. Please leave us a 5 STAR RATING on iTunes.

EPS 277 - Have a BRIDGE loan and NEED TO GET OUT? Can a HUD loan protect YOUR partnership?

Mention HUD financing to apartment syndicators a couple years ago…they would laugh at you. Today, many syndicators are not laughing. Those adjustable-rate loans need additional capital (like a fish needs water) from their limited partner investors to purchase expensive interest rate caps; so numerous syndicators are exploring different refinancing options. Fannie & Freddie are good options, but many syndicators are “changing the narrative” to hold the property longer until the market improves. A HUD loan could be a better option with a 35-year fixed term and lower debt service coverage to qualify. Listen to this important discussion on HUD financing in today’s market.
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. We would appreciate that, thanks.