ASK MIKE MONDAYS - “Michael, I’m a fairly new operator, what’s the best way to build a relationship with a listing broker during these crazy pandemic times? How do you find off-market deals?”

Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles

English - November 24, 2020 23:38 - 27 minutes - 31 MB - ★★★★★ - 489 ratings
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Previous Episode: Episode 230 - What is happening in Atlanta with Clay Allen?

Next Episode: Episode 231 - Mobile Home & RV Parks: Top Listing Broker Robert Denninger explains “WHEEL ESTATE”

In the last 4-5 months the apartment market has been on a tear. Deals are getting done in the best performing segment of commercial real estate. Everyone throughout the world is searching for yield. Investors are putting money into apartments…just trying to get 5-8% cash on cash rates of returns. If you can buy into a 5 cap rate and borrower money in the 3’s…you and your investors can make money. Michael chats about his latest deal and how he was able to purchase it…off-market…or sorta.

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 is now a large “owner- of commercial real estate.”

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.

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