ASK MIKE MONDAYS: “Michael, can you break open the SPI playbook; what does it take to buy a property today?”

Michael gives you insight on what his team focuses on when buying apartments in today’s wacky market. Michael is not soliciting for capital; but just gives an example on what type of pricing discount some buyers are able to achieve. Certain sellers are chasing a higher price on some unproven buying groups. If you are a seller, do you want to always go with the highest price…or Are you counting on certainty to close? Most realistic sellers, in today’s market, need certainty to close.

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.