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

UPDATE: Hear it directly from the LENDERS and the APPRAISERS!

April 08, 2020 23:00 - 50 minutes - 45.8 MB

Old Capital had a conference call with hundreds of our borrowers last Friday. They, like you, wanted to know what is going on within the capital markets. How do you underwrite apartment transactions today? What are the new guidelines on replacement reserves? How are values holding up? Is it time to start buying again? We brought together the representatives from Dougherty Mortgage, a large balance Fannie Mae lender and Sabal Capital, a Small Balance Fannie Mae and Freddie Mac lender. We spok...

Coronavirus Impact on Multifamily- Stimulus Program PPP vs. EIDL

April 06, 2020 21:30 - 11 minutes - 10.1 MB

These are crazy times, huh? The economy went from going 100 miles an hour… to ZERO. Now, our government is trying to get small business owners back to work. The SBA offers the Paycheck Protection Program (“PPP”) and the Economic Injury Disaster Loan Program (“EIDL”). What should you know? What are some of the benefits and challenges for both programs? James “The Professor” Eng shares with us the initial overview of both programs. To watch this video: https://www.youtube.com/watch?v=xPrs...

Old Capital Bonus Segment: Command Authority with Lane Beene- “In the future, how will the Coronavirus-change us as apartment investors and operators?”

April 04, 2020 20:55 - 34 minutes - 31.3 MB

Lane Beene is with Pilot Properties and owns almost 700 apartment units. This recently retired Lt. Colonel graduated from the US Air Force Academy and flew combat F16’s for over 28 years. Less than 15 years ago, he started with one single family home and turned that into a large multi-million dollar apartment portfolio…all during the time he was serving in the military. He is direct. He is smart. You need to listen to him if you are new to real estate investing. Lane Beene discusses his i...

Coronavirus Impact on Multifamily - $2T Stimulus Update and Trammell Crow Lessons Learned from 1989

April 03, 2020 20:49 - 13 minutes - 12.8 MB

Don’t you wish you knew 6 months ago…what you know today? What would you have done different? Would you do recourse commercial loans? Would you do higher leverage transactions? Would you raise more liquidity? James “The Professor” Eng goes into detail on what lessons commercial real estate investors learned on the last major melt down in 1989. This is a very interesting podcast that you will learn a few key lessons. To watch this video: https://www.youtube.com/watch?v=FMN3jJZo6GU To con...

Episode 205 - Interest rate update from JP Conklin at Pensford Financial. What you need to know!

March 30, 2020 21:04 - 30 minutes - 28.1 MB

Who has money to lend on real estate these days? CMBS, Fannie, Freddie, regional banks? When the economy grinds to a halt; who lends money on commercial real estate? Are transactions actually being done? JP Conklin advises commercial real estate investors on the direction of interest rates. His group, Pensford Financial Group helps investors reduce interest rate risk. JP Conklin discusses pressures that many “securitized” lenders are challenged with right now. To contact JP CONKLIN: pens...

How has the COVID 19 effected commercial real estate valuations?

March 27, 2020 22:33 - 29 minutes - 26.9 MB

Jeremy Roll has been investing in commercial real estate for over 18 years. He is an 100% passive investor and has invested in over a hundred different partnerships. He is a very savvy investor and has a well thought out perspective. (He is as sharp as they come.) In this podcast, James “The Professor” Eng discusses the challenges that commercial real estate investors will face with COVID 19. What will its impact be on real estate valuations and the general economy? You must listen to thi...

Surviving Scary Times with the Coronavirus in Multifamily

March 25, 2020 14:19 - 8 minutes - 7.9 MB

Today, you need direction and confidence to handle the Scary Times ahead in multifamily real estate. James “The Professor” Eng discusses Dan Sullivan’s “Scary Times Success Manual.” James gives you 10 simple tips that you should follow. It can be tempting to focus only on surviving through difficult times, but with these tips in mind, we’re confident you can keep on thriving. Right now, that means providing the leadership you need to navigate successfully through the current global climate ...

Impact of Coronavirus on Multifamily: What Apartment Operators Must Know Now!

March 23, 2020 21:31 - 7 minutes - 7.29 MB

As the situation around COVID-19 continues to evolve, we recognize that these are unprecedented times that most apartment operators have never been through. They don’t know, what they don’t know. James “The Professor” Eng explains what committed operators must do to keep their property cash flowing. This is up to the minute advice that all operators must heed. To contact James Eng: [email protected]

ASK MIKE MONDAYS - SPECIAL EDITION - Mike, How bad is this coronavirus going to be on apartments?

March 21, 2020 11:17 - 23 minutes - 21.1 MB

This special edition focuses on what LIMITED PARTNERS and GENERAL PARTNERS can possibly expect with the impact of the coronavirus on apartment investments. You will want to listen to this.

Old Capital Bonus Segment: Command Authority with Lane Beene- “Meet Top Producing Apartment Listing Agents at Rowan Multifamily Advisors.”

March 06, 2020 22:05 - 32 minutes - 30.1 MB

Rowan Multifamily Advisors (RMA) is a full-service real estate brokerage company for the acquisition and disposition of multifamily assets in North Texas. They focus on ‘B & C’ multifamily properties. This family owned company is led by a North Texas apartment industry legend in Mike Burch. RMA was started in 2012 by Mike Burch, his son Coleton Burch and industry veteran Pete Hartnett. Mike has been selling and buying apartments for clients since the early 1980’s. Today, this regional apartm...

Episode 204 - New 2020 Underwriting Rules for Small Balance Fannie Mae and Freddie Mac loans explained

February 22, 2020 00:27 - 49 minutes - 45.3 MB

Rickey is an underwriter/ gate keeper for a Small Balance Fannie Mae and Freddie Mac lender. He is an expert in providing smaller, non-recourse loans between $1,000,000 - $6,000,000 with the Agencies. Rickey explains what some of the new underwriting rules are for apartment buyers for 2020. Is Fannie Mae better? Is Freddie Mac better? Rickey helps you decide what loan could be a better choice for your current acquisition or future refinance. When deciding on the right type of apartment finan...

ASK MIKE MONDAYS - Michael, a couple questions for you; 1) How many mortgage brokers should I work with? 2) Have you dealt with a fractured condo; what do I need to know? 3) I want to self manage my apartment building, but the lender will not let me- any

February 18, 2020 00:27 - 18 minutes - 17 MB

Michael discusses and answers some of the questions that you asked.

Old Capital Bonus Segment: Command Authority with Lane Beene - “How do you select and evaluate a new property management company?”

February 13, 2020 00:12 - 32 minutes - 29.5 MB

Good apartment property management is critical for your success. In today’s discussion Lane speaks with Michael Walker with Walker Holder Residential Property Management. Michael has been in property management since 1981 and currently manages thousands of apartment units. Where do you start to find a property management company? How do you get a referral to the right group that is going to manage your asset? What are the hiring criteria you must look at? How much involvement should the owne...

ASK MIKE MONDAYS - Michael, I just recently sold a property that I owned 100%…and did a 1031 Exchange transaction and now I want to invest into an apartment syndication; can I do that?

February 08, 2020 22:35 - 14 minutes - 13.1 MB

In structuring transactions; there are somethings you can do and not do…per the IRS guidelines. Michael discusses some of the in’s and out’s of doing a TENANTS IN COMMON structure.

ASK MIKE MONDAYS- Michael, I am now ready to go and need to find a business partner to share responsibilities with and raise equity; how do I find that?

February 02, 2020 23:24 - 19 minutes - 17.6 MB

The core skill of a deal sponsor is 1) finding apartment opportunities to buy 2) find equity from investors to invest in your deal. You can do this by yourself or you can recruit a partner to help you. Michael, discusses on how he and his business partner came together to form SPI Advisory.

ASK MIKE MONDAYS - Michael, I want to get involved in apartment investing BUT…I have credit issues with a prior bankruptcy…any solutions or suggestions?

January 26, 2020 21:59 - 17 minutes - 16.4 MB

No credit, No job, No liquidity is not a great way to start as a deal sponsor. The most challenging could be credit. Michael gives some insight on mitigating credit issues that some apartment deal sponsors have found themselves with in the past.

Episode 203 - Avoiding ROOKIE MISTAKES with Joey Tumminello at Marcus & Millichap IPA’s group

January 24, 2020 21:49 - 48 minutes - 44 MB

Joey Tumminello with Marcus & Millichap’s Institutional Property Advisors (IPA) sells large apartment buildings to institutional buyers. Institutional buyers are REITS, insurance companies, large hedge funds and large family offices. Their groups average sales price is over $40 million. Joey chats with Michael and Paul about rookie mistakes some investors make when touring apartment buildings with the listing agent. Joey also gives you a state of the 2020 apartment market for institutional b...

ASK MIKE MONDAYS - Michael, we just entered 2020; ANY CONCERNS with investing in apartments these days?

January 20, 2020 00:01 - 19 minutes - 18.1 MB

Michael gives you an update on what is happening today in the apartment market. He reflects back on 2019 and what to expect in the future when investing in apartments. As you can imagine, finding and purchasing a value added apartment in 2020 will continue to be a challenge.

Episode 202 - WHAT IS A GOOD DEAL? WHAT IS A BAD DEAL? Can you size an apartment deal? Spencer Burton makes you look smart with sizing & modeling exercises. This is a must listen!

January 14, 2020 22:36 - 50 minutes - 46.4 MB

Spencer Burton helps manage a $45 billion real estate portfolio. This Ivy League graduate is a gate keeper to one of the largest real estate groups in the country. He and his team help determine whether their group should invest in a specific real estate opportunity. As you can imagine, those determinations are done through careful analysis and with lots of responsibility. Do you wish you could see his models? Or…even use his models? Spencer and his business partner, Michael Belasco started...

ASK MIKE MONDAYS - Michael, I just closed on my second property in Kansas City and now I want to explore buying opportunities in Oklahoma City and Indianapolis- my business partner and I live and work in San Jose; what do you think about those markets?

December 30, 2019 22:39 - 12 minutes - 11.2 MB

Michael discusses future acquisition strategies with an apartment buyer. Michael has concerns about ownership focus and time management when looking to diversify into other markets. Most larger apartment markets have buying opportunities within their markets. Unfortunately, many potential buyers don’t focus on a specific market to get an in-depth relationship with listing agents, local management companies and vendors (HVAC, plumbing, electrical) and tend to bounce from one market to another...

Old Capital Bonus Segment: Command Authority with Lane Beene - “Lessons Apartment Operators LEARNED in 2019 and How to PROCEED in 2020.”

December 26, 2019 22:11 - 22 minutes - 20.5 MB

Lane Beene is with Pilot Properties and owns almost 700 apartment units. This recently retired Lt. Colonel graduated from the US Air Force Academy and flew combat F16’s for over 28 years. Less than 15 years ago, he started with one single family home and turned that into a large multi-million dollar apartment portfolio…all during the time he was serving in the military. He is direct. He is smart. You need to listen to him if you are new to real estate investing. In today’s podcast, Lane loo...

ASK MIKE MONDAYS - Michael, PRICES of apartments are awfully high; when will they stop rising and start coming back down?

December 23, 2019 23:13 - 14 minutes - 13.5 MB

Are apartments values and prices too high? Michael chats about the direction of the apartment industry today. Do we have enough apartment supply? Too many apartments being built; too little? A lot of the apartment value is based on the expectation of job growth. What geographic areas do you want to invest in- has job growth? Also...follow Michael Becker’s rule #1: Don’t buy in the hood!

Episode 201- This immigrant came to America with $2000; now he owns lots of apartment units

December 20, 2019 22:57 - 53 minutes - 49.3 MB

Benit Gupta was born in Nepal. He came to America for a better life with only $2000 in his pocket. He put himself through college and got into the rat race. After 10 years…he and his family wanted something different; he wanted to use real estate to build wealth and passive income streams. He did not want to make a costly investing mistake…so he became a member of a national education/mentoring organization. YES… he paid a fee to join and received specific education on apartment investing. I...

Old Capital Bonus Segment: Keeping it Real with Darwin German- “After owning and managing apartments for 30 years; let me give you a few steps to success!”

December 10, 2019 22:28 - 19 minutes - 17.7 MB

Darwin German is a PROUD apartment syndicator. He has been investing, operating and brokering commercial real estate for over 30 years. In the past, he has owned or managed over 8000 units. Today, through investor syndication he delivers housing to over 1500 families. He has over 400 individual investors and provides a living wage to his 50 employees. He is filled with great stories in owning and operating apartment buildings. In today’s podcast Darwin gives a quick mental checklist on getti...

ASK MIKE MONDAYS - Michael, on an acquisition have you ever had the SELLER CARRY-BACK the loan?

December 09, 2019 22:12 - 17 minutes - 15.8 MB

Occasionally, seller financing is an option to purchase a multifamily property. The seller becomes the lender. A regional bank…or Fannie Mae is not used to finance an apartment building. Michael discusses what he is seeing today in today’s market and why or why not seller financing is used.

Episode 200 - RECAP of the 2019 Old Capital Conference. Before you invest; LISTEN TO THIS PODCAST

December 05, 2019 23:14 - 50 minutes - 46.3 MB

James “The Professor” Eng goes through the highlights of the two-day 2019 Old Capital Multifamily Conference at the House of Blues in Dallas. Almost 700 apartment investors attended the annual networking and educational event at the end of October. James gives you a breakdown of the different speakers and topics that were featured. Kim Betancourt, top economist with Fannie Mae, spoke about apartment demand and what you should be looking for today. Michael Becker hosted the top producing apa...

ASK MIKE MONDAYS - Michael, a new apartment syndicator wants me to invest into her deal, but she was not going to invest any of her own money into the deal; what do you think of that?

December 02, 2019 23:36 - 12 minutes - 11.5 MB

Michael shares his opinion of a syndicator that doesn’t put any of their own funds into a deal, but wants you to invest your money. Some new apartment syndicators or new managing members are under the impression that they do not need to put any of their own money into a deal that they are putting together. Michael, gives a lending war story or two from years ago when he was a banker.

ASK MIKE MONDAYS - Michael, the holidays are upon us…what should we do for our investors?

November 25, 2019 19:24 - 11 minutes - 10.6 MB

Investors will only invest with you when they know, like and trust you. Perhaps a holiday party would be a good opportunity to build a deeper relationship with your investor. The guys discuss a “relationship building” activity that some investment groups use around the holidays.

Old Capital Bonus Segment: Keeping it Real with Darwin German- “What could possibly GO WRONG in apartment investing?”

November 22, 2019 18:42 - 16 minutes - 15.5 MB

Darwin German is a PROUD apartment syndicator. He has been investing, operating and brokering commercial real estate for over 30 years. In the past, he has owned or managed over 8000 units. Today, through investor syndication he delivers housing to over 1500 families. He has over 400 individual investors and provides a living wage to his 50 employees. He is filled with great stories in owning and operating apartment buildings. In the coming podcasts, Darwin, will share some of those lessons...

ASK MIKE MONDAYS - Michael, I listened to an apartment guru recently and he spoke about cost segregation and bonus depreciation; I had troubles following the idea...can you explain it to me in plain English and how it can help me as a w2 engineer?

November 18, 2019 21:14 - 14 minutes - 13.1 MB

Michael discusses another reason to invest in commercial real estate. Bonus depreciation can have a great impact on you. Please chat with your personal financial adviser or tax professional on what investing into a “hard asset” can do for you.

Old Capital Bonus Segment: Command Authority with Lane Beene - “What QUESTIONS SHOULD YOU ASK a real estate syndicator?”

November 15, 2019 22:22 - 22 minutes - 20.4 MB

Lane Beene is with Pilot Properties and owns almost 700 apartment units. This recently retired Lt. Colonel graduated from the US Air Force Academy and flew combat F16’s for over 28 years. Less than 15 years ago, he started with one single family home and turned that into a large multi-million dollar apartment portfolio…all during the time he was serving in the military. He is direct. He is smart. You need to listen to him if you are new to real estate investing. In today's podcast, Lane disc...

Episode 199 - Hunter Thompson: “What could you learn from a very active - but PASSIVE REAL ESTATE INVESTOR?”

November 07, 2019 23:34 - 33 minutes - 31 MB

Not everyone wants to be the captain of the airplane. Most folks want to be in the back of the airplane enjoying the flight. A passive investor wants to enjoy their equity investment. Today, in the podcast, we chat with Hunter Thompson with Asym Capital. His group ONLY invests into real estate transaction as a passive investor. What could you learn from a passive investor? Why do they invest in a real estate transaction? Do they have a checklist of questions they ask the deal sponsor to get ...

Old Capital Bonus Segment: Command Authority with Lane Beene - “How can you lower your RISK EXPOSURE when investing in apartments?”

November 05, 2019 23:05 - 26 minutes - 24.3 MB

Lane Beene is with Pilot Properties and owns almost 700 apartment units. This recently retired Lt. Colonel graduated from the US Air Force Academy and flew combat F16’s for over 28 years. Less than 15 years ago, he started with one single family home and turned that into a large multi-million dollar apartment portfolio…all during the time he was serving in the military. He is direct. He is smart. You need to listen to him if you are new to real estate investing. Risk. In life we all face so...

Old Capital Bonus Segment: Command Authority with Lane Beene - “To make BIG MONEY in real estate…you must know some Basic Math Equations!”

October 17, 2019 20:55 - 18 minutes - 16.8 MB

Lane Beene is with Pilot Properties and owns almost 700 apartment units. This recently retired Lt. Colonel graduated from the US Air Force Academy and flew combat F16’s for over 28 years. Less than 15 years ago, he started with one single family home and turned that into a large multi-million dollar apartment portfolio…all during the time he was serving in the military. He is direct. He is smart. You need to listen to him if you are new to real estate investing. Lane is an expert in math- h...

ASK MIKE MONDAYS - Michael, before I push over a LETTER OF INTENT to the seller’s rep; how in-depth should I go with my lender?

October 15, 2019 20:58 - 17 minutes - 41 MB

Investors are counting on your underwriting to make a prudent decision to invest with you. How confident are you in your transaction underwriting and loan sizing? Who is checking your math? Before you submit an LOI…and possibly RISK your earnest money and reputation, make sure you speak with an apartment LENDER to have them check your math.

Old Capital Bonus Segment: Command Authority with Lane Beene - “What type of investor do you want to become; DEAL SPONSOR or LIMITED PARTNER; VALUE ADDED or YIELD?”

October 08, 2019 21:29 - 23 minutes - 21.8 MB

Lane Beene is with Pilot Properties and owns almost 700 apartment units. This recently retired Lt. Colonel graduated from the US Air Force Academy and flew combat F16’s for over 28 years. Less than 15 years ago, he started with one single family home and turned that into a large multi-million dollar apartment portfolio…all during the time he was serving in the military. He is direct. He is smart. You need to listen to him if you are new to real estate investing. In this podcast Lane shares ...

ASK MIKE MONDAYS - Michael, how long does it take to be educated, prepared and confident to become a deal sponsor?

October 07, 2019 23:23 - 17 minutes - 16.4 MB

Successful investors send back road maps to folks following them. Michael, discusses some steps that you need to follow. How do you go faster? Having the right mentor can significantly reduce the time it takes to go faster. Learn from educators that have real life experience in apartment investing will help you from making bad and costly mistakes.

Episode 198 - 4th Quarter Loan Officer Roundtable

October 07, 2019 21:55 - 51 minutes - 119 MB

A fortune cookie once said, “May you live in interesting times!” Today, in the capital markets, we live in interesting times. Your biggest partner in an apartment transaction is the lender. The lender brings to the table about 70-80% of the funds you need to close on your apartment. You want to know what is working and not working for apartment lending. We sit down with the loan officers at Old Capital to discuss all types of lending opportunities. Is Fannie & Freddie still lending? Should y...

ASK MIKE MONDAYS - Michael, what are the worse case scenarios as a General Partner or Limited Partner if an apartment transaction goes bad?

September 30, 2019 20:52 - 17 minutes - 15.9 MB

Michael gives examples on what can go wrong when investing in an apartment transaction.

Episode 197 - Great Story: One woman’s journey leads to unbelievable opportunities for her family

September 28, 2019 20:21 - 42 minutes - 39.2 MB

How Jiu was never supposed to go to America. But in an incredible twist of fate during China’s Civil War in 1928, she set sail for San Francisco from Southern China, never to return to her family again. Only 18 years old and traveling under a false identity, How Jiu had to pass a grueling test before she was allowed to enter the United States. How Jiu married and raised a successful family in Northern California. Her journey changed everything in her life and future generations of her family...

ASK MIKE MONDAYS - Michael, how can I negotiate with the lender on a PCA report? (Property Condition Assessment)

September 22, 2019 21:51 - 15 minutes - 13.9 MB

When you purchase an apartment building, your lender typically requires a PCA. (Property Condition Assessment). The PCA is the eyes and ears for the lender. Yes, the appraisal verifies the value, but the PCA identifies health and safety issues on the property. Can someone get hurt on your property because of the existing deferred maintenance. It also determines the amount replacement reserves that the lender will need to collect with your monthly payment. Michael, discusses items that you ne...

Episode 196 - Yes, you can have a FULL-TIME W2 job and own and operate a 143 unit building from across the country

September 19, 2019 22:06 - 47 minutes - 43.3 MB

Tony Lin lives and works in the San Jose area. He has a full time job as a computer software engineer. A few years ago he wanted to invest in single family homes outside of California. His business partner, Helen Lin, introduced him into the concept and benefits of multifamily investing. After seeing how the numbers worked and how you can make money in apartments…he was hooked. He invested, as a passive investor, in 10 apartment transactions. Helen introduced him to successful apartment synd...

ASK MIKE MONDAYS – Michael, I heard there are new rent control legislation in some states; what’s going on in New York City?

September 15, 2019 20:18 - 16 minutes - 15.5 MB

Michael chats about current and future rent control issues that apartment owners are facing today. Tenants are concerned about affordability. Landlords are concerned about providing a return on capital to their investors. Politicians are creating new rent control laws. State of California Rent Control: https://www.nytimes.com/2019/09/11/business/economy/california-rent-control.html?searchResultPosition=1 State of New York Rent Control: https://www.nytimes.com/2019/06/12/nyregion/rent-regu...

Episode 195 - What happens if $$$ from Fannie Mae or Freddie Mac dries up? You need options, right?

September 13, 2019 22:35 - 46 minutes - 42.3 MB

Your lender is usually your largest partner. They can bring in almost 80% of the funds needed to close your apartment transaction. In the last, few years Fannie Mae and Freddie Mac have been the primary lender for apartment syndications. Sponsors have loved Fannie Mae and Freddie Mac because of their execution and flexibility to provide NON RECOURSE, LONG FIXED TERMS, LONGER AMORTIZATION, INTEREST ONLY & SUPPLEMENTAL LOANS. But, what happens IF these Government Supported Entities start to re...

ASK MIKE MONDAYS - What is going on with the 10 year treasury coming down and what will the impact be on apartment transactions?

September 09, 2019 20:36 - 19 minutes - 17.6 MB

10 year treasury is the primary index that Fannie & Freddie use for 10 & 12 year fixed rates. Michael goes into detail about the impact of falling rates will have on the economy. Also, Michael discusses a real-life apartment example on what happens when interest rates fall on a sale.

Episode 194 - Where are LONG and SHORT interest rates headed? Interest Rate Expert, JP CONKLIN with Pensford, explains what commercial real estate investors need to know

September 06, 2019 22:46 - 31 minutes - 28.9 MB

JP Conklin, with Pensford, advises some of the largest commercial real estate investors in the nation on where interest rates are headed. He lowers interest rate risk to commercial real estate borrowers by using different hedging strategies. His information is critical for investors to make the correct decision on the right loan product, maturity and risk tolerance. JP discusses falling interest rates and the general impact that it will have on future commercial real estate investing. Are we...

Old Capital Bonus Segment: Command Authority with Lane Beene - “Learning TAX STRATEGIES will help you become a better millionaire.”

September 05, 2019 20:45 - 18 minutes - 16.6 MB

Lane Beene is with Pilot Properties and owns almost 700 apartment units. This recently retired Lt. Colonel graduated from the US Air Force Academy and flew combat F16’s for over 28 years. Less than 15 years ago, he started with one single family home and turned that into a large multi-million dollar apartment portfolio…all during the time he was serving in the military. He is direct. He is smart. You need to listen to him if you are new to real estate investing. Why do so many millionaires o...

ASK MIKE MONDAYS - Mike, you have motivated me to buy apartments. I want to be like Michael Becker… “What can you expect from your lender AFTER you close?” (Episode 5B of 5)

September 01, 2019 20:10 - 13 minutes - 12.2 MB

When you buy a single family house, AND AFTER THE LOAN CLOSES, your lender will not continuously ask for your updated paychecks, bank statements and annual income tax returns. BUT...in apartment transactions…you lender is your single largest partner and needs continuous financial performance information on you and the asset either on a quarterly or annual basis. Updated operating statements, rent rolls, rehab construction updates, immediate health and safety concerns, updated personal financ...

Episode 193 - Smart Investors listen to Apartment Economist Greg Willett at Real Page. Will you?

August 31, 2019 13:50 - 35 minutes - 32.2 MB

Apartment Bankers, Developers and Investors listen to Real Page’s Chief Economist Greg Willett. He is probably the most quoted Apartment Economist in the nation. He has the ear to the movers and shakers in multifamily. Greg discusses the state of todays apartment market. Are we headed into a ‘recession?’ What should an apartment investor do, if we are headed to lower job growth? What areas of the country have the greatest rent growth? Where should you invest? He also breaks down several regi...

Old Capital Bonus Segment: Command Authority with Lane Beene - “What is a 1031 Tax Deferred Exchange; and How do you use it in Apartment Investing?

August 27, 2019 20:13 - 17 minutes - 16.1 MB

Lane Beene is with Pilot Properties and owns almost 700 apartment units. This recently retired Lt. Colonel graduated from the US Air Force Academy and flew combat F16’s for over 28 years. Less than 15 years, he started with one single family home and turned that into a large multi-million dollar apartment portfolio…all during the time he was serving in the military. He is direct. He is smart. You need to listen to him if you are new to real estate investing. A 1031 exchange is a way to defer...

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

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