Podcasts by Old Capital Real Estate Investing Podcast with Michael Becker

EPS 297 - Want to listen to someone REALLY, REALLY SMART about apartment trends? Listen to Chief Economist Jay Parsons at RealPage. from 2023-12-07T12:34:33

Jay Parsons serves as Senior Vice President, Chief Economist for RealPage. He provides deep insights on market trends and consumer behaviors. He is a frequent author and speaker on topics affect...

EPS 296 - “What’s my apartment worth today?” Listen to JLL’s TOP Apartment Appraiser. from 2023-11-16T06:51:41

Kai Pan, MAI serves as Executive Managing Director and National Multi-Housing Valuation Lead for JLL Value and Risk Advisory in the United States. How do you value your apartment building today?...

EPS 295 - Every Good Fighter Pilot Starts a STORY the Same Way… “So, there I was….” from 2023-11-07T06:06:27

Lane Beene knew he was in trouble when a surface-to-air missile was headed to his F16 over Yugoslavia . Packed with explosives and metal shards, this “hyper-maneuvering” missile was prepared to ...

EPS 294 - 2023 Old Capital Conference Highlights: “Top Gun” Apartment Sponsors- YOU NEED TO LISTEN! from 2023-10-27T03:32:17

In Top Gun, the main character was Maverick. Maverick was successful because he thought outside of the box. I think all of us have a “little” Maverick inside. These Apartment Sponsors share thei...

EPS 293 - 2023 Old Capital Conference Highlights: Top Dallas Brokers Listing Panel- Up to the Minute info. from 2023-10-20T05:59:18

Over 550 apartment investors heard the “best of the best” Dallas apartment brokers give insight on what owners and buyers need to know. Some legacy owners (last 1-3 years) are in lifeboats becau...

EPS 292 - “Saving Private Investor” Today, OUR mission is YOUR money! from 2023-09-29T06:44:23

We are at war! We are on the front lines. Yes…We are taking fire! Keep your head down! We, as apartment investors, are in a foxhole being bombarded with challenges every day. Higher interest rat...

EPS 291 - Top Apartment Brokers in North Texas describe the “B&C” market. Is it time to take advantage of opportunities in this market? from 2023-09-14T06:56:56

Nick Fluellen heads up a 23-person team of brokers with Marcus & Millichap in Dallas. He gives us a 20-year perspective on today’s “choppy” market of apartment sales and investing. Wes Racht, is...

EPS 290 - Property Taxes in Texas: Will they EVER COME down?? Perhaps some light at the end of the tunnel is coming. from 2023-08-03T02:44:16

Property taxes, on commercial real estate, is usually the largest line item operating expense on your profit and loss statement. Your Net Operating Income (NOI) is dramatically effected by how m...

ASK MIKE MONDAYS: “Michael, can you break open the SPI playbook; what does it take to buy a property today?” from 2023-07-31T10:46:16

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 dis...

EPS 289 - Do we have too many PILOTS and not enough PASSENGERS? from 2023-07-21T05:48:49

Are there too many general partner syndicators and not enough investors? Within the last 10 years…we have observed a lot of apartment transactions closed with the syndication investment model. A...

EPS 288 - “YOU CAN’T HANDLE THE TRUTH” Colonel Jessup- A Few Good Men from 2023-06-29T11:45:50

JESSUP: You want answers?
KAFFEE: I want the truth!
JESSUP: You can't handle the truth!
Well maybe…YOU can handle the truth. “It’s challenging to be an apartment investor these...

ASK MIKE MONDAYS: “Michael, would you start BUYING APARTMENTS at these LOWER PRICES?” from 2023-06-15T04:33:56

Within the last 18 months apartment prices have come down significantly. In some markets- up to a 20% reduction of value. Yikes!! Has the knife fallen enough? Is it time to start buying apartmen...

EPS 287 - Are the INSTITUTIONAL apartment buyers coming back this year? from 2023-05-21T03:33:03

Joey Tumminello with Marcus & Millichap’s Institutional Property Advisors Group shares his insight on what the “smart buyers” (REIT’s, pension funds, life insurance and large family offices) are...

EPS 286 - Before you invest your hard earned $$ into real estate- Shouldn’t you find a qualified apartment educator or mentor? from 2023-05-16T11:34:34

Today, apartment investing is completely different from what it was just 18 months ago. Interest rates are much higher, leverage is much lower, cap rates are higher, and values have fallen. Yes,...

EPS 285 - Are you on the wrong side of wealth creation? Shouldn’t you be an owner of real estate? from 2023-05-05T13:05:14

For 30 years Robert Tinning managed apartments for rich real estate owners. He was great at managing other people’s properties BUT... he always dreamed about buying his own portfolio of apartmen...

EPS 284 - Top Producers from the Newmark- Dallas office explain the State of the Apartment Market in North Texas and what they are seeing from both buyers and sellers. from 2023-04-21T11:19:49

In the Dallas/ Fort Worth market, Apartment sales volume is down 75-80% from just 12 months ago.
In smaller markets, volume is probably down 80%+. Yes…interest rates are up, but if you are...

Eps 283 - One operator had $229,000,000 in apartments FORECLOSED upon this week. What? How did that happen? I thought commercial real estate only went up. from 2023-04-08T05:53:42

Inside stories from the front line. You invested in a real estate transaction because of the tax implications and now the property gets foreclosed upon…What exposure do you have with the depreci...

EPS 282 - WHEN WILL INTEREST RATES STOP GOING UP? If you are an apartment investor, JP CONKLIN with Pensford, gives you that critical information! from 2023-03-26T03:34:06

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 di...

EPS 281 - Brazilian Immigrant… purchased over 2100 apartment units. How did he do it? from 2023-03-22T06:58:40

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 int...

EPS 280 - Is Austin still HOT? Matt Pohl with Walker&Dunlop chats about the Austin, Texas apartment market. from 2023-03-10T05:47:10

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 up...

EPS 279 - Checkmate! These ‘Knights’ are making outstanding moves in multifamily investing. from 2023-03-01T12:57:30

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 ...

EPS 278 - February Speaker Series Greg Willett Apartment Economist from 2023-02-21T15:33:51

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- Institut...

ASK MIKE MONDAYS: “Michael, oh wise one…How are we going to get through higher rates on these apartment transactions and survive? from 2023-02-18T11:11:41

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 structur...

EPS 277 - Have a BRIDGE loan and NEED TO GET OUT? Can a HUD loan protect YOUR partnership? from 2023-02-15T14:07:22

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 f...

EPS 276 - Rule #1: Protect your Limited Partners First from 2023-02-11T01:50:18

If you are going to be a syndicator for the next decade or two; you must protect and communicate to your limited partners. We are in turbulent times in multifamily. Many promised distributions h...

EPS 275 - DIDN’T GO TO NMHC this year? What we heard at the MASSIVE 2023 Annual National Multifamily Housing Conference in Las Vegas that WILL make you modify your investing this year. from 2023-02-04T07:24:22

Over 10,000 real estate professionals came to Las Vegas last week. This is the BIG CONFERENCE for apartment buyers & sellers, lenders, equity providers, new apartment builders, commercial Realto...

EPS 274 - Meet Mark Allen and Todd Franks with GREA- Dallas. INSIDE SECRETS with top apartment brokers in Texas from 2023-01-20T19:16:20

Mark and Todd sell apartments in Texas, Oklahoma, and Arkansas. Their team traded over a $1 BILLION in apartments in 2022. Wow! Listen to how apartment transactions are being structured today. W...

EPS 273 - Goodbye 2022; What can you expect in apartment investing in 2023? from 2023-01-17T06:28:34

“Survive to '25- that’s 2025!” That could be the most important lesson from today’s podcast.
In the beginning of 2022, many apartment investors were geared up to be very aggressive in buyi...

EPS 272 - END OF YEAR- LOAN OFFICER ROUNDTABLE: What’s happening out there? What’s getting approved? from 2022-12-08T11:18:24

Listen to the commercial loan officers at Old Capital examine how the apartment market changed dramatically in 2022. In January, every apartment buyer was ecstatic. Higher leverage debt was read...

EPS 271 - Don’t get on the BAD BOY/GIRL list with FANNIE MAE? from 2022-12-02T13:26:13

Santa Claus has his famous “naughty list” for bad boys and girls. No toys this year…just coal. Today, Fannie Mae - thru their DUS lenders- have a similar ‘list’ that tracks the bad and good mult...

EPS 270 - With INTEREST RATES RISING even HIGHER… Are buyers RETRADING sales contracts, again? from 2022-10-01T01:16:25

RETRADE 2.0 could be happening now with rising interest rates. Interest rates have risen significantly over the last 6 months. Can you remember what short term rates were in October 2021? SOFR w...

Ask Mike Mondays: “Mike, What is the temperature today to raise money from LP investors?” from 2022-09-21T15:21:38

Mike gives us an update on what to expect when you are raising capital to fund a transaction. First- it was higher interest rates, Second- it was the seller and the buyer not knowing the current...

EPS 269 - Nick Fluellen: What does the TOP TEXAS B&C apartment broker think these days? from 2022-09-16T00:47:30

It’s good to be the KING in Texas Apartment Brokerage. Nick recently earned the title Executive Managing Director for Marcus and Millichap. Nick and his business partner, Bard Hoover, are consis...

EPS 268 - Pratima&Bhuvan Sharma: Transitioning from a HI-TECHNOLOGY job to a HI-NET WORTH PERSONAL balance sheet from 2022-09-13T09:44:31

Bhuvan and Pratima Sharma spent 25 years in the high technology industry. They loved their jobs…but spending 70-80 hours a week, traveling internationally, and not spending time with their child...

EPS 267 - Brad Sumrok: Helping investors ‘TEN-X’ their net worth through apartment investing. from 2022-08-24T12:10:02

Retired after just 3 years investing in apartments, Brad has owned over 7,500 units in 11 different markets throughout the county AND has helped hundreds of students increase their worth by Mill...

EPS 266 - Danny Baker: The $30 Billion Dollar Man. CBRE Vice Chairman and leader of the Dallas Multifamily team gives you the insight on what’s happening TODAY in apartment sales and investing. from 2022-08-07T11:52:55

Danny Baker is one fired up guy! If he was selling cars…he would be the best car salesman. If he was an economics professor…he would be your favorite teacher. Danny educates you on what he is ob...

EPS 265 - JP CONKLIN: When are interest rates coming down? from 2022-08-05T11:14:43

If you are an apartment investor…you need to know what all your costs are going to be in the future. How much for insurance? How much for property taxes next year? How much is my debt service go...

ASK MIKE MONDAYS: “Mike, what POSITIVE things are you seeing today in APARTMENTLAND?” from 2022-08-02T08:38:59

As you can imagine, with interest rates rising, many apartment investors have been pencils down. Investors are concerned with lower asset value & higher debt service. Is there any good news out ...

EPS 264 - Mid-Summer Update: HOT in Dallas…but COOL in apartments. from 2022-07-21T08:35:30

Boy is hot out there!! Really…its 108 degrees in the Dallas in middle of the summer BUT… the apartment market is still a little chilly. Are deals trading? What’s available for debt these days? W...

EPS 263 - Story Time with Charlie Young: Buyer of 30,000 units from 2022-06-19T03:10:49

What could you learn from Charlie Young at Madera Residential? A LOT!
Charlie and his partners at Madera Residential have purchased over 30,000 apartment units. Yes…30,000 units. Over a de...

ASK MIKE MONDAYS: “Should we TAKE THE REST OF THE SUMMER OFF from multifamily investing? from 2022-06-12T15:24:16

Boy, it is hot out there! We know the outside air temperature is red-hot during a Texas summer; but is the apartment investing market starting to cool off- is a deep freeze coming? Mike confirms...

Eps 262 - INTEREST RATES are blowing up; LEVERAGE is down; IS the PARTY OVER? from 2022-05-20T15:28:10

Long- and Short-term Interest rates have risen significantly over the last few months. Today, the Non-Recourse Bridge Lenders are issuing term sheets at much lower leverage and higher debt servi...

ASK MIKE MONDAYS : “SPECIAL ADDITION - Interest Rates are NOW RISING - What IMPACT will that have on my INVESTMENT?” from 2022-03-24T14:24:28

Listen and Learn. Many new real estate investors have never seen interest rates RISE significantly. Today the Fed is talking about a possible 2.5% rise in short term rates. That could mean your ...

Eps 261 - Matt Pohl with Walker&Dunlop explains why….”Everyone wants to BUY APARTMENTS in Austin, Texas…” from 2022-03-18T07:35:20

Listen

ASK MIKE MONDAYS- “Michael, insurance is a huge annual cost; any solutions to from 2022-02-19T02:57:42

Is there too much money in the market chasing too few deals? Michael gives you a few examples on how sellers are reacting to this market. Today, Michael is selling a few large apartment communit...

Eps 260 - ‘INTEREST RATE FORTUNE TELLER’ JP Conklin – Shares his insight into where INTEREST RATES are headed in 2022. We think you will be surprised from 2022-02-17T04:47:54

Listen

Eps 259 - Gourav Goyal: Life beyond my corporate career with multifamily investing. from 2022-02-06T06:23:49

Gourav Goyal grew up in India. Received a degree in engineering and then came to the University of Texas to earn his MBA. Gourav worked in corporate consulting for over 17 years. And… then 5 yea...

Eps 258 - Didn’t attend the 2022 National Multifamily Housing Conference (NMHC) in Orlando this year?? That’s alright; we were there and will share our insights on what we learned. from 2022-01-23T13:42:25

Listen

ASK MIKE MONDAYS - “Michael, should we still invest in apartments in 2022?” from 2021-12-31T04:27:21

Michael gives a RECAP of 2021 in the apartment business. He shares the challenges and the successes for 2021. Michael gives you his opinion on what the tea leaves are sharing with him for 2022. ...

Episode 257 - Has the supply chain screwed you up in acquiring VALUE-ADDED apartments because of lack of materials to upgrade? Do you need quality kitchen cabinets, granite counter tops, faucets, lighting, flooring and more- TODAY? Vima Décor can help yo from 2021-11-28T20:50:26

Vima Décor is a volume supply company with over 16 years of experience in providing commercial property owners, builders, and developers with superior finishing p...

Episode 256 - LeakAware- The Apartment Water Monitoring System: Saves you BIG money! from 2021-11-21T18:04:39

Does your apartment have a continuous water leak? Do you pay for your tenants’ water? Do you have leaky showers; and Toilets that continuously run; with tenants t...

Episode 255 - 4th Quarter Loan Officer Roundtable: What you need to know in financing! from 2021-11-10T23:06:28

The Old Capital Loan Officer Roundtable discussion brings incredible value if you are new to multifamily investing. Listen to some of the most active loan officer...

Episode 254 - Jakob Andersen with Newmark discusses CAP RATES on apartments in Texas. Will compression continue? from 2021-10-31T20:35:34

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, Ja...

Episode 253 - Nick Fluellen with Marcus&Millichap- Dallas sells a '$#^@ load' of apartments from 2021-10-24T21:59

Nick Fluellen joined Marcus & Millichap in 2004 as a multifamily agent focused exclusively on assisting clients with the acquisition and disposition of multifamil...

Episode 252 - Did you miss the 2021 Old Capital Conference? WE RECAP NOW! from 2021-10-15T22:30:28

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 outstan...

ASK MIKE MONDAYS- “Michael, insurance is a huge annual cost; any solutions to help me? from 2021-10-10T23:37:52

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 ...

Episode 251 - JP Conklin- Where are interest rates headed on commercial real estate loans? from 2021-10-08T22:25:22

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 te...

Episode 250 - You need to know West Texas Apartment Experts- Greg Brownd and Grant Roehm of KW Commercial from 2021-09-18T22:29:47

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!! ...

ASK MIKE MONDAYS- “Michael, I’m new to rehabbing apartments. Where do I start?" from 2021-09-13T22:54:05

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 u...

ASK MIKE MONDAYS- “Michael, why are BRIDGE LOANS so popular now?” from 2021-09-06T19:47:10

Bridge loans are taking a larger share of the apartment financing market today. Non-recourse debt funds offer apartment buyers higher leverage and lower pricing w...

Episode 249 - Why should YOU attend the Old Capital Conference? Networking and Learning, of course!! from 2021-09-02T22:15:57

The 2021 Old Capital Conference is the best Multifamily Conference in Texas. We provide apartment investors a chance to meet general partners, limited partners, a...

ASK MIKE MONDAYS- “Michael, I see a trend that many syndicators are now changing deal sponsors on every deal; SHOULD I BE CONCERNED as a limited partner?” from 2021-08-22T20:06:58

In real estate investing you should seek consistency or continuity. Some partnerships change teammates on every transaction. Today, Mr X, Ms Y and Mrs Z are all p...

Episode 248 - Asset Manager Jack Langenberg explains the difference between ASSET MANAGEMENT&PROPERTY MANAGEMENT from 2021-07-31T21:57:09

A property manager acts on behalf of the owner in routine tasks such as rent collection, the administration of leases, the scheduling of maintenance and repairs, ...

ASK MIKE MONDAYS- “Michael, I don’t want to SOUND LIKE A ROOKIE; what questions should I ask the listing broker?” from 2021-07-26T23:04:48

Nobody wants to sound like a rookie when they first enter the apartment business. Especially when having an initial conversation with an important listing broker....

Episode 247 - Find the problems upfront: Golden Nuggets of WISDOM from seasoned Apartment Property Inspector/Engineer- Bryan Amos from 2021-07-25T22:07:57

You don’t want to make a large mistake when buying a large multifamily property, but many investors will not hire a qualified apartment inspector or engineer to u...

ASK MIKE MONDAYS- “Mike, IS multifamily still a good place to invest in?” from 2021-07-19T23:19:23

Michael gives you his opinion on where the apartment industry is today. Rents are UP, Values are UP, and Cap Rates are DOWN. Is it going to last? TODAY is the 'go...

Episode 246 - RENTS ARE UP HUGE in most markets! Apartment Economist Greg Willett has all the answers from 2021-06-24T23:24:55

Chief Economist Greg Willett gives us the latest updates on rents, vacancy, & cap-rates. Throughout the country many apartment renters are going to need deeper po...

Episode 245 - Where are interest rates going? Listen to JP CONKLIN - INTEREST RATE EXPERT from 2021-06-17T23:34:20

How much does it cost to borrower money? Interest rates are one of the key benchmarks for overall costs. The interest rate market is a constantly changing environ...

Episode 244 - 2nd Quarter Loan Officer Roundtable; Is there TOO MUCH MONEY to lend? from 2021-06-09T20:14:41

The Old Capital Loan Officer Roundtable discussion brings incredible value if you are new to multifamily investing. Listen to some of the most active loan officer...

ASK MIKE MONDAYS - “Michael, when you first got into multifamily- What was the biggest MISTAKE you made? from 2021-06-07T22:42:41

Michael explains the LARGEST and COSTLIEST mistake he made in buying multifamily: mismatching his mortgage debt with his business plan. The future is not clear- s...

ASK MIKE MONDAYS - “Michael, what’s going on in 2021 multifamily today? It STILL seems CRAZY!” from 2021-05-31T18:19:18

If you are new or a seasoned apartment investor, Michael explains what he sees in the multifamily market. Low interest rates, higher occupancy, and even higher mo...

Episode 243 - The Saltwater Triangle of Florida (Tampa, Orlando,&Jacksonville) is on FIRE!! Learn from TOP BROKER Jad Richa with Capstone Companies on where to invest from 2021-05-26T21:02:52

Jad Richa is a Managing Director with Capstone Companies in Florida. He explains where apartment investors are seeking to buy apartments in the Sunshine State. Gr...

Episode 242 - NASHVILLE NOW! If you think their chicken is HOT…listen to a top apartment broker give you reasons to invest in Nashville from 2021-04-08T22:19:48

We all know that Nashville is the epicenter of Country Music, but with a huge population influx- it is a national top 10 apartment market. Adam Klenk, with the Ca...

ASK MIKE MONDAYS - “Michael, I want to be a syndicator. Does offering a PREFERRED RATE of return to investors make it easier to raise money? BONUS CONVERSATION with Top Producer Danny Baker with CBRE in Dallas from 2021-04-06T00:09:28

Structuring investor returns is critical for your success. With tons of capital on the side lines…the historical apartment investor yields are falling. Lots of ne...

ASK MIKE MONDAYS - “Michael, what is ‘ACHECK’ with Fannie Mae? How serious is that? BONUS CONVERSATION with Top Producer Pat Jones with Newmark- Austin&San Antonio, Texas from 2021-03-29T21:08:49

Uh-oh...do not find yourself on the Fannie Mae Bad List of apartment operators. If you get on that list…you can be temporarily or permanently stopped from borrowi...

Episode 241 - Atlanta has tremendous growth! Want to buy an apartment building in Atlanta? We speak with Atlanta’s top apartment broker Sean Henry from 2021-03-23T23:40:08

Sean Henry sells apartments in Atlanta for Capstone-Companies. He has decades of experience in commercial real estate brokerage and is someone you want to listen ...

ASK MIKE MONDAYS - “Michael, LIBOR is being phased out; what impact will SOFR have in commercial mortgages? Should I be concerned?” BONUS CONVERSATION with JP CONKLIN with Pensford from 2021-03-22T21:59:31

Secured Overnight Financing Rate (SOFR) is the new index that both Fannie, Freddie and some bridge lenders use for their adjustable rates. Remember, index + profi...

Episode 240 - Mike Hardage shares his REAL STORIES in apartment ownership. The Good, the Bad&the very Ugly. You want to listen! from 2021-03-05T01:25:24

Seven years ago, Mike Hardage left the HIGH TECH world and now owns thousands of units either as a passive investor or a sponsor. He speaks from experience after ...

ASK MIKE MONDAYS - “Michael, I was thinking of attending and joining an educational and mentoring group; do you suggest that I do that? BONUS CONVERSATION with John Griggs from Presidium from 2021-03-02T20:52:42

Michael believes specific education is important before apartment investing. Compressing the learning curve can benefit you as an apartment investor. A mentor can...

Episode 239 - Do you want to INVEST in apartments? You need a SUCCESSFUL APARTMENT TEACHER and MENTOR first. Now… Go Get One! from 2021-01-30T00:11:28

Airlines will not give an INEXPERIENCED or a NEW PILOT- a 737 airplane to fly- with a bunch of passengers in the back...if they have only flow a Cessna 172. BUT…H...

Episode 238 - Can you keep your day job and still buy 300+ units? These guys did! from 2021-01-28T22:03:43

Not everyone wants to quit a job they like when entering into apartment investing. Imagine that you can do both. Own and manage large apartments AND continue to w...

ASK MIKE MONDAYS - “Michael, any good deal stories these days?” BONUS CONVERSATION with NICK FLUELLEN with Marcus&Millichap- Dallas from 2021-01-25T22:45:07

Investors learn many ways. Books, Podcasts, & YouTube videos are great; but listening to apartment investors tell real stories is the best. Today, Michael shares ...

Episode 237 - 1st Quarter 2021 Loan Officer Round Table. You Must listen! Part 2 from 2021-01-23T23:19:44

A fortune cookie once said, “May you live in interesting times!” Today, in the capital markets and the pandemic, we certainly live in interesting times. Your bigg...

Episode 236 - 1st Quarter 2021 Loan Officer Round Table. You Must listen! Part 1 from 2021-01-13T22:03:20

A fortune cookie once said, “May you live in interesting times!” Today, in the capital markets and the pandemic, we certainly live in interesting times. Your bigg...

Episode 235 - Michael Becker kicks off his NEW interview show! Meet Brian O’Boyle Sr. with Newmark from 2020-12-28T23:36:40

Join Michael Becker, a Principal at SPI Advisory, and a Dallas-based Multifamily Operator, who has purchased over 10,000 apartment units and manages over $1 Billi...

ASK MIKE MONDAYS - “Mike, I made a mistake; I signed a contract and put $200k in HARD earnest money BEFORE I spoke with a lender. Lender turned the deal down and my $200k is at RISK; any suggestions?” from 2020-12-21T21:16:12

Well, you probably won’t do that again! If you cannot close; the seller WILL take your earnest money. Before you expose your own money to a possible loss (in this...

Episode 234 - KC Conway CCIM Economist: “What you can expect in real estate investing in 2021” LISTEN TO THIS ONE! from 2020-12-18T23:29:47

Need a road map? Before you drive…make sure you know where you are going. Do you really need a map to figure out where this economy is and where it is going? Yes....

Episode 233 - Do not go to JAIL! 5 Questions to ask a Real Estate Syndication Attorney from 2020-12-16T21:25:56

Kim Lisa Taylor is a nationally recognized corporate securities attorney, speaker and the author of the No. 1 Amazon best-selling book “How to Legally Raise Priva...

Episode 232 - What YOU need to know about the Freddie Mac Large ($7.5 MM +) Loans from an expert from 2020-12-08T22:52:16

Are you BUYING a big apartment building? Trevor is a Freddie Mac apartment loan originator for over 20 years. He wants you to understand why a Freddie Mac loan wo...

Episode 231 - Mobile Home&RV Parks: Top Listing Broker Robert Denninger explains “WHEEL ESTATE” from 2020-12-02T23:12:52

Is the apartment market too difficult to buy into? Have you considered investing into mobile home or recreational vehicle parks? Robert Denninger with Marcus & Mi...

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?” from 2020-11-24T23:38:52

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 througho...

Episode 230 - What is happening in Atlanta with Clay Allen? from 2020-11-22T23:22:01

In this podcast we introduce you to Old Capital’s Senior Director in Atlanta: Clay Allen. We listen to his years of commercial lending experience for the last 20 ...

Episode 229 - 2020 Old Capital Conference RECAP; A NEW Networking Opportunity for YOU!! from 2020-11-14T22:24:10

What a conference! Great speakers, great investing content and a great opportunity to meet new investors. We had it all! Today in the podcast we chat with the org...

ASK MIKE MONDAYS - “Mike, if I have $50,000 to invest in a large deal…how do I determine if the general partner is picking the right part of town?” from 2020-10-27T00:08:37

Mike speaks about the importance of choosing right property management company and picking the right location to invest.

Michael Becker has purchased...

ASK MIKE MONDAYS - “Mike… I built my team, I have a local presence in my market, I established a Co-GP partnership with lots of experience, and now I have to sell myself and my relationships to the listing agents, JUST to be considered to be added to from 2020-10-18T22:40:05

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 o...

Episode 228 - Multifamily War Stories with the Head of JLL’s Multifamily Appraisal Group. 40 years of observation from 2020-10-17T23:42:47

Tony Lenamon manages ALL the apartment appraisers for JLL’s national practice. He is the guy that lenders, borrowers, brokers, and developers listen to concerning...

ASK MIKE MONDAYS - “Can you still evict tenants for non-payment these days?” from 2020-10-12T19:15:49

Perhaps. Obviously, it depends where your property is located at and the different state and local laws that are in place with Covid19. Today’s podcast speaks abo...

Episode 227 - Get updated on NEW underwriting rules for FREDDIE MAC SMALL BALANCE from 2020-10-09T20:47:53

“Darryl the Underwriter” helps you understand the different rules for non-recourse lending with Freddie Mac. What can you expect with additional Covid19 reserves?...

Episode 226 - Buy 5000 units…Sell 5000 units…NOW Build 5000 units. Glenn Gonzales is a Superhero in multifamily from 2020-10-04T21:32:29

In the podcast today, we speak with Glenn Gonzales and Mike Woodfield of Obsidian Capital. Glenn has the vision and Mike has the muscles to make things happen. Yo...

Episode 225 - What happens IF the 1031 Exchange goes away after the ELECTION? Yikes!! from 2020-09-20T22:10:14

Suzanne Baker and Craig Brown are industry experts with 1031 exchanges. They are attorneys and leading authorities on the 1031 exchange. Under Section 1031 of the...

Episode 224 - Tim Bates, SHOWS US, how he has created wealth for his investors through buying small multifamily from 2020-09-12T20:20:01

Tim Bates has always wanted more. He first earned his mechanical engineer degree..and then he and his brother wanted to build homes. They opened up a very success...

ASK MIKE MONDAYS - Mike….I am a fairly new real estate operator….what should I do first? from 2020-08-31T22:32:10

Well….you need to find deals and find money! Building relationships with brokers, equity investors, contract attorneys, lenders, physical engineers, & SEC attorne...

Episode 223 - PART 2: Want to BUILD a 300+ unit apartment building? THESE GUYS ARE DOING IT and will TEACH YOU! from 2020-08-03T22:33:37

Lane Beene and Michael Walker are building a $52 million apartment complex outside Austin, Texas. Yes…over 300 units!! Want to learn on how they are doing it? Cou...

Episode 222 - PART 1: Want to BUILD a 300+ unit apartment building? THESE GUYS ARE DOING IT and will TEACH YOU! from 2020-08-02T19:01:23

Lane Beene and Michael Walker are building a $52 million apartment complex outside Austin, Texas. Yes…over 300 units!! Want to learn on how they are doing it? Cou...

Episode 221 - Want to sound SMART around apartment investors? Listen to this guy and repeat what he says from 2020-07-31T21:40:24

JP Conklin knows interest rates.; in fact, he is an expert. JP is the industry leader for all things interest rate related at Pensford. JP Conklin and Michael Bec...

ASK MIKE MONDAYS - Mike….I am a fairly new real estate investor….I keep hearing that I should be buying older apartment buildings that need to be rehabbed because it gives me the highest return to my investors…all the gurus are telling me that…. i from 2020-07-27T23:52:04

BUT my real question is …should you only focus on investors that want no cash flow - in the immediate future- and then eventually get a capital gain in the future...

ASK MIKE MONDAYS - Michael, I keep hearing about the tax benefits on buying apartments; can you explain it to my husband one more time? AND…what is bonus depreciation and when is that going to expire….and if it expires…will it have a negative impact from 2020-07-20T19:42:35

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 o...

Episode 220 - Do you REALLY WANT TO LEARN about apartment investing? Michael Ochstein has been owning, managing large apartment building for over 35 years. Listen to his stories. from 2020-07-12T20:55:39

There are old pilots. There are bold pilots; BUT…there are NOT A LOT of OLD and BOLD pilots. Michael Ochstein has operated apartment buildings for over 3 decades and is not a BOLD PILOT that tak...

Episode 219 - At 45 years old…Mike Spotts left his hi-technology job to become a full-time real estate investor. HE HAS NOT LOOKED BACK! from 2020-07-08T22:05:11

Graduating from college in 1987, Mike Spotts bought his first real estate investment; a duplex. He lived on one side and rented out the other. He was bit with the real estate bug. Over the next ...

ASK MIKE MONDAYS - Michael, I am starting to see activity in buying apartments; what additional protection language should I add into the LOI? from 2020-06-29T21:45:52

Michael shares with you his thoughts on negotiating a potential purchase sales contract and what protection language you should or should not add into the terms o...

ASK MIKE MONDAYS - Michael, It is June…how are collections? Are tenants paying later in the month? Any update on what happens when unemployment benefits run out in July? from 2020-06-22T22:12:54

Michael gives insight on what he is seeing in rental collections and immediate concerns facing multifamily housing like decreasing asking rents and the cut off of...

Episode 218 - Listen to how TWO HIGH SCHOOL FRIENDS started buying apartments outside of Minnesota from 2020-06-20T22:53:17

Professional Snowboarder, Dan Brisse, is known for taking risks on the powder. His insane stunts on a snowboard have made him gonzo famous at the X-Games. His bus...

ASK MIKE MONDAYS - Michael, can we expect inflation in apartment buildings in the future? from 2020-06-15T22:21:33

With so much money spent by the government to keep the nation going during the pandemic; will we see inflation in the values of apartments in the future?
Mi...

Webcast with John Griggs founded Presidium. They currently own over 13,000+ units valued at over $2BN. from 2020-06-11T22:03:24

TAKE A LISTEN: Just released from Marcus & Millichap/Old Capital Lending interview John Griggs. Since 2003, John built a solid portfolio of 13,000 units from SFR,...

ASK MIKE MONDAYS - Michael, my property taxes and insurance keep going up; how do you fight to get lower annual costs? from 2020-06-10T23:19:29

Michael discusses the two largest line item expenses…taxes and insurance. It seems like every year these two operating expenses rise. What do you do?
Michael Becker has purchased over 10,0...

Multifamily Investing and Financing UPDATE May 2020 from 2020-05-29T23:38:36

James “The Professor” Eng gives you straightforward information on what is happening with investing and financing for May 2020. His discussions include:
Listen

ASK MIKE MONDAYS- “What happened to all the ‘DOOMSAYERS’ in March? How are collections for May?” from 2020-05-27T23:16:43

Back in March, at the beginning of the coronavirus, many apartment owners thought that rental collections would fall substantially. No Job, No Income, and then No Rent paid…made landlor...

Episode 217 - First Time Apartment Buyers Give Advice on Acquiring a 48 unit building in Syracuse, NY. from 2020-05-27T00:11:36

Julie Peterson with Old Capital speaks with first time apartment sponsors Gary VanBortel and John Bilinski on their recent purchase of a 48-unit building right be...

Episode 216 - Bill Brancucci gives us “inside information” on why he left Wall Street real estate to buy local apartments. His group now owns 1500 units in 5 years. from 2020-05-22T22:14:17

Bill Brancucci wanted to get into real estate. After spending almost 30 years in New York doing investment analysis, management, and sales…he jumped into real est...

Interview with the owner of 25,000+ units: David Moore of Knightvest Capital from 2020-05-21T00:19:29

David Moore never does interviews and rarely shares his secrets in buying apartments.
The co-founder of Knightvest Capital has purchased over 110 large apar...

Episode 215 - Did your deal sponsor originally raise $$$ the wrong way through ‘unlicensed capital raisers’? ARE YOU EXPOSED? from 2020-05-15T22:35:23

Maurico Rauld is an attorney that advises real estate sponsors on how to legally raise money. Mauricio is the founder and CEO of Premier Law Group, a boutique sec...

Episode 214 - Super Passive Real Estate Investor Hunter Thompson discusses how he picks the right “Horse” from 2020-05-11T22:17:27

Hunter Thompson invests in different types of real estate, but only as a passive investor. He invests in other sponsors transactions. He is NOT an operator or dai...

Episode 213 - Have you heard of LifeStyles Unlimited? Check them out from 2020-05-06T21:25:05

Over 50,000 real estate investors; in 7 countries; are members of the LifeStyles Unlimited. LifeStyles is an award winning, national education and mentoring group that has been teaching real est...

ASK MIKE MONDAYS - Michael, what asset class is going to take the biggest hit; A, B, C after this pandemic? from 2020-05-04T20:49:41

Michael Becker discusses what he is seeing in the apartment investing market today. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former comme...

Episode 212 - Reed Goossens moved to the US in 2006; Today he owns 1900 units. Can you do this? from 2020-05-03T22:11:37

Advice from a Self-Made Man. Could you go to a foreign country and be extremely successful in real estate? Reed Goossens came to America in 2006 and assembled a large portfolio of apartments. It...

YOU WANT TO LISTEN TO THIS ONE! Learn from Four Battle-Tested Owner Operators. from 2020-05-02T22:22:04

We assembled apartment operators that have 37 YEARS, 25 YEARS, 29 YEARS of apartment ownership experience. Experience Counts.  Learn from the operators that have gone through a few severe econom...

Episode 211 - Brad Sumrok educates thousands of new apartment investors. Listen to what he is advising investors today. from 2020-04-29T21:31:55

Brad Sumrok is the ‘Apartment King.’ He teaches investors the correct way to acquire, rehab, operate and sell apartment buildings nationwide. He has been investin...

Episode 210 - JP CONKLIN: INTEREST RATES ARE NOT GOING UP (for at least awhile) from 2020-04-27T23:06:04

LIBOR (London Interbank Offer Rate) is a very popular index that many adjustable rate mortgages are based on. Many residential and commercial mortgages are based on this index. When the LIBOR in...

ASK MIKE MONDAYS - Michael, what is happening with quarterly/monthly distributions? Is there a mathematical formula on how you need to retain today? from 2020-04-27T22:58:26

Michael Becker discusses what he is seeing in the apartment investing market today. Michael Becker has purchased over 10,000 apartment units between Dallas and Au...

Episode 209 - Jakob Andersen and Newmark’s Dallas team, closed over $1.8 billion in 2019. Today…not so much. from 2020-04-26T21:41:13

Jerry Seinfeld’s, very successful television show, was based on ‘nothing.’ Today’s podcast will be about ‘nothing’ too; no apartment sales, no new sales contracts...

Episode 208 - What is FortuneBuilders’ Paul Esajian exploring in real estate investing today? from 2020-04-24T19:35:23

Paul Esajian, with FortuneBuilders, discusses several challenges and opportunities in real estate investing for both single family and multifamily. As one of the founders of FortuneBuilders- Pau...

OVERCOMING MARKET UNCERTAINTY: A 60 minute Conversation with the Apartment Experts. from 2020-04-21T00:16:51

Nick Fluellen, with Marcus & Millichap and Paul Peebles with Old Capital Lending, lead
a discussion with some of the experts in apartment investing during these Covid-19 times.
John ...

ASK MIKE MONDAYS - Michael, on transactions that are CLOSING today, are buyers getting a DISCOUNT on sales price? from 2020-04-21T00:03:02

Michael Becker discusses what he is seeing in the apartment investing market today. Michael Becker has purchased over 10,000 apartment units between Dallas and Au...

Episode 207 - 2019 National Apartment Association winner Supriya Sriraman from 2020-04-18T15:55:29

Imagine winning Best Property in the Country Award by the NAA (National Apartment Association) Yes…that National Apartment Association. Their review looks at thou...

Did you raise money in a syndication to buy real estate? Don’t want to get into trouble? Listen to attorney Gene Trowbridge from 2020-04-15T23:48:34

Gene Trowbridge is a syndication attorney. He helps general partners legally raise money through a Private Placement Memorandums to invest in real estate or other...

Episode 206 - Chief Economist Greg Willett discusses “When the World Changed and the IMPACT on Apartments” from 2020-04-13T20:09:47

Greg Willett, Chief Economist with Real Page, discusses the three phases of action that apartment owners have had to immediately implement: 1) safety for employee...

UPDATE: Hear it directly from the LENDERS and the APPRAISERS! from 2020-04-08T23:00:05

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 y...

Coronavirus Impact on Multifamily- Stimulus Program PPP vs. EIDL from 2020-04-06T21:30:19

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....

Old Capital Bonus Segment: Command Authority with Lane Beene- “In the future, how will the Coronavirus-change us as apartment investors and operators?” from 2020-04-04T20:55:59

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...

Coronavirus Impact on Multifamily - $2T Stimulus Update and Trammell Crow Lessons Learned from 1989 from 2020-04-03T20:49:23

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 le...

Episode 205 - Interest rate update from JP Conklin at Pensford Financial. What you need to know! from 2020-03-30T21:04:53

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 actua...

How has the COVID 19 effected commercial real estate valuations? from 2020-03-27T22:33:32

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 ...

Surviving Scary Times with the Coronavirus in Multifamily from 2020-03-25T14:19:10

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 ...

Impact of Coronavirus on Multifamily: What Apartment Operators Must Know Now! from 2020-03-23T21:31:50

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 ...

ASK MIKE MONDAYS - SPECIAL EDITION - Mike, How bad is this coronavirus going to be on apartments? from 2020-03-21T11:17:47

This special edition focuses on what LIMITED PARTNERS and GENERAL PARTNERS can possibly expect with the impact of the coronavirus on apartment investments. You wi...

Old Capital Bonus Segment: Command Authority with Lane Beene- “Meet Top Producing Apartment Listing Agents at Rowan Multifamily Advisors.” from 2020-03-06T22:05:35

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 prope...

Episode 204 - New 2020 Underwriting Rules for Small Balance Fannie Mae and Freddie Mac loans explained from 2020-02-22T00:27:37

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 Age...

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 from 2020-02-18T00:27:23

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?” from 2020-02-13T00:12:14

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 pro...

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? from 2020-02-08T22:35:26

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? from 2020-02-02T23:24:21

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...

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? from 2020-01-26T21:59:08

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 de...

Episode 203 - Avoiding ROOKIE MISTAKES with Joey Tumminello at Marcus&Millichap IPA’s group from 2020-01-24T21:49:43

Joey Tumminello with Marcus & Millichap’s Institutional Property Advisors (IPA) sells large apartment buildings to institutional buyers. Institutional buyers are REITS, insurance companies, larg...

ASK MIKE MONDAYS - Michael, we just entered 2020; ANY CONCERNS with investing in apartments these days? from 2020-01-20T00:01:36

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, findin...

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! from 2020-01-14T22:36:12

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...

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? from 2019-12-30T22:39:51

Michael discusses future acquisition strategies with an apartment buyer. Michael has concerns about ownership focus and time management when looking to diversify ...

Old Capital Bonus Segment: Command Authority with Lane Beene - “Lessons Apartment Operators LEARNED in 2019 and How to PROCEED in 2020.” from 2019-12-26T22:11:13

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...

ASK MIKE MONDAYS - Michael, PRICES of apartments are awfully high; when will they stop rising and start coming back down? from 2019-12-23T23:13:13

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 apartme...

Episode 201- This immigrant came to America with $2000; now he owns lots of apartment units from 2019-12-20T22:57:40

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 want...

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!” from 2019-12-10T22:28:41

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 ...

ASK MIKE MONDAYS - Michael, on an acquisition have you ever had the SELLER CARRY-BACK the loan? from 2019-12-09T22:12:52

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...

Episode 200 - RECAP of the 2019 Old Capital Conference. Before you invest; LISTEN TO THIS PODCAST from 2019-12-05T23:14:46

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 n...

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? from 2019-12-02T23:36:19

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...

ASK MIKE MONDAYS - Michael, the holidays are upon us…what should we do for our investors? from 2019-11-25T19:24:05

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 ...

Old Capital Bonus Segment: Keeping it Real with Darwin German- “What could possibly GO WRONG in apartment investing?” from 2019-11-22T18:42:50

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. Toda...

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? from 2019-11-18T21:14:59

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 w...

Old Capital Bonus Segment: Command Authority with Lane Beene - “What QUESTIONS SHOULD YOU ASK a real estate syndicator?” from 2019-11-15T22:22:36

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 t...

Episode 199 - Hunter Thompson: “What could you learn from a very active - but PASSIVE REAL ESTATE INVESTOR?” from 2019-11-07T23:34:01

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 ...

Old Capital Bonus Segment: Command Authority with Lane Beene - “How can you lower your RISK EXPOSURE when investing in apartments?” from 2019-11-05T23:05:31

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...

Old Capital Bonus Segment: Command Authority with Lane Beene - “To make BIG MONEY in real estate…you must know some Basic Math Equations!” from 2019-10-17T20:55:58

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...

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? from 2019-10-15T20:58:10

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? Befo...

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?” from 2019-10-08T21:29

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 t...

ASK MIKE MONDAYS - Michael, how long does it take to be educated, prepared and confident to become a deal sponsor? from 2019-10-07T23:23:11

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 me...

Episode 198 - 4th Quarter Loan Officer Roundtable from 2019-10-07T21:55:39

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...

ASK MIKE MONDAYS - Michael, what are the worse case scenarios as a General Partner or Limited Partner if an apartment transaction goes bad? from 2019-09-30T20:52:21

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 from 2019-09-28T20:21:58

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 famil...

ASK MIKE MONDAYS - Michael, how can I negotiate with the lender on a PCA report? (Property Condition Assessment) from 2019-09-22T21:51:26

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...

Episode 196 - Yes, you can have a FULL-TIME W2 job and own and operate a 143 unit building from across the country from 2019-09-19T22:06:07

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 busin...

ASK MIKE MONDAYS – Michael, I heard there are new rent control legislation in some states; what’s going on in New York City? from 2019-09-15T20:18:48

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 ...

Episode 195 - What happens if $$$ from Fannie Mae or Freddie Mac dries up? You need options, right? from 2019-09-13T22:35:36

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...

ASK MIKE MONDAYS - What is going on with the 10 year treasury coming down and what will the impact be on apartment transactions? from 2019-09-09T20:36:42

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 d...

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 from 2019-09-06T22:46:35

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 b...

Old Capital Bonus Segment: Command Authority with Lane Beene - “Learning TAX STRATEGIES will help you become a better millionaire.” from 2019-09-05T20:45:38

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 t...

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) from 2019-09-01T20:10:48

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...

Episode 193 - Smart Investors listen to Apartment Economist Greg Willett at Real Page. Will you? from 2019-08-31T13:50:12

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...

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? from 2019-08-27T20:13:48

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 t...

ASK MIKE MONDAYS - Mike, you have motivated me to buy apartments. I want to be like Michael Becker… “Time to close the transaction…What you need to know?” (Episode 5A of 5) from 2019-08-25T19:11:35

‘Herding Cats’ is a great way to explain to new borrowers on how a loan closing happens at the very end. As you can imagine, many different folks involved in the transaction have different respo...

Episode 192 - After 20+ years in CORPORATE AMERICA….NICOLE SCOTT is NOW a FULL TIME APARTMENT INVESTOR. How did she do it? from 2019-08-23T21:31:18

Nicole and Greg recently closed on a 272 unit building in Indianapolis. They have been corporate folks in Detroit for 20+ years. After surviving a few corporate layoffs (did I mention- they both...

Old Capital Bonus Segment: Command Authority with Lane Beene - “How do you read an OPERATING STATEMENT&What’s IMPORTANT in that data?” from 2019-08-12T21:46:38

Lane Beene is with Pilot Properties and owns almost 700 apartment units. This recently retired Lt. Colonel graduated from the Air Force Academy and flew combat F16’s for over 28 years. Less than...

Episode 191 - Living the AMERICAN DREAM….Four immigrants bought 1400 apartment units in Texas. These EX-ENGINEERS are just like you…MOTIVATED to SUCCEED! from 2019-08-06T19:24:04

Boris, Oshi, Albert and Leo are friends. These friends have purchased over 1400 apartment units over the last 5 years. They just closed on a 384 unit building cal...

ASK MIKE MONDAYS - Mike, you have motivated me to buy apartments. I want to be like Michael Becker… Now what do I do…AFTER the seller accepts my LOI? (Episode 4 of 5) from 2019-08-05T13:34:06

Michael explains what you need to do AFTER the seller accepts your LOI. Download Michael’s DUE DILIGENCE checklist at the OldCapitalPodcast.com

Episode 190 - The “Geeks” will inherent the earth. Listening to Multifamily Technologist and Apartment Syndicator Neal Bawa will make you smarter from 2019-08-04T21:35:19

Neal Bawa is a thought leader in multifamily. This self described “data geek” owns and operates a large apartment portfolio. By using technology and optimization of data, Neal shares what he is ...

ASK MIKE MONDAYS - Mike, you have motivated me to buy apartments. I want to be like Michael Becker…What are the STEPS? “Show me the MONEY! Raising capital, the right way.” (Episode 3 of 5) from 2019-07-29T20:48:59

Start building your database of investors. One example is creating your own Apartment Investing MeetUp group in your community. MeetUp meetings are a great way to build your own investor tribe. ...

Old Capital Bonus Segment 3: Command Authority with Lane Beene - “Final Segment - Build Your Team and Find the Right Asset.” from 2019-07-27T21:46:12

Lane Beene is with Pilot Properties and owns almost 700 apartment units. This recently retired Lt. Colonel graduated from the Air Force Academy and flew combat F16’s for over 28 years. Less than...

Episode 189 - Small Apartment Brokerage Group gets HUGE results from 2019-07-27T00:08:30

Get to know these guys. Jon Krebbs and Paul Yazbeck are with The Multifamily Group in Texas. They sell ‘B & C” apartments in north and central Texas. Before creating their own regional brokerage...

ASK MIKE MONDAYS - Mike, you have motivated me to buy apartments. I want to be like Michael Becker…What are the STEPS? Find A Qualified Advisor/Broker- START BUILDING YOUR TEAM. (Episode 2 of 5) from 2019-07-21T22:29:09

Get out!! Really, Get Out there and meet people that will help you. Professional apartment brokers control the majority of the opportunities in your market. How do you meet them? Michael shares ...

Episode 188 - Purchased THREE apartment buildings and then… QUIT HIS JOB. Can you do that? from 2019-07-19T20:28:10

Alex Clark has purchased 113 apartment units and loves being in charge of his own destiny.
Recently, Alex quit his high technology job and now invests in multifamily full time. It just did...

ASK MIKE MONDAYS - Mike, you have motivated me to buy apartments. I want to be like Michael Becker…What are the STEPS? Education (Episode 1 of 5) from 2019-07-15T22:40:05

Michael discusses a simple checklist to apartment investing success. Education is number one!
Learn about what you’re investing in. Mentoring and education programs are an excellent way to...

Old Capital Bonus Segment 2: Command Authority with Lane Beene - “Have YOU defined your APARTMENT INVESTMENT STRATEGY and IDENTIFIED YOUR REAL ESTATE MARKET? from 2019-07-15T19:14:23

Lane Beene is with Pilot Properties and owns almost 700 apartment units. This recently retired Lt. Colonel graduated from the Air Force Academy and flew combat F1...

ASK MIKE MONDAYS - Michael, interest rates are incredibly low; should I lock in a long term fixed rate or an adjustable rate? What would you do? from 2019-07-07T22:18:22

Michael explains that todays low rate environment can benefit many apartment buyers with lower debt costs, BUT will exponentially increase the yield maintenance prepayment penalty costs for sell...

Old Capital Bonus Segment - Command Authority with Lane Beene - “How to become a BETTER MILLIONAIRE with ‘FOUR’ doors.” from 2019-06-30T21:58:08

Lane Beene is with Pilot Properties and owns almost 700 apartment units. This recently retired Lt. Colonel graduated from the Air Force Academy and flew combat F16’s for over 28 years. Less than...

ASK MIKE MONDAYS - Michael, you own lots of apartments…why don’t you self manage? from 2019-06-25T23:16:03

Michael owns over 5000 apartment units and he still uses an independent 3rd party property management company to oversee his portfolio. Michael discusses the reasons why he doesn’t self manage. ...

Episode 187 - Your property is hit by a TORNADO…now WHAT DO YOU DO? from 2019-06-24T22:07:27

In the Midwest, around this time of the year, many apartment owners face the risk of bad weather that can destroy your asset. Darwin German’s 161 unit apartment building was recently hit by a to...

Episode 186 - A MINDSET CHANGE a few years ago, leads to almost 1000 units owned today from 2019-06-17T21:36:17

Bruce and Stephanie Petersen have purchased over a 1000 apartment units in the last few years, but they would not have done it unless they had a mindset change. The change was from being a W-2 e...

ASK MIKE MONDAYS - Is there anyway to STOP PROPERTY INSURANCE from rising? from 2019-06-16T21:11:55

Mike discusses a large line item expense…property insurance. After property taxes and payroll, property insurance is an every increasing expense that sponsors must recognize sooner than later.

Episode 185 - NOT AN EXPERT ON APARTMENT INSURANCE? Jeff King explains the BASICS on what you need to know. from 2019-06-08T22:35:49

Protecting your asset is critical in your success. You must have insurance to cover POTENTIAL problems.
Jeff King has been advising apartment owners on insurance matters for over 35 years....

ASK MIKE MONDAYS- Michael, how do you prepare for a TAKEOVER of an apartment building? from 2019-06-03T20:54:45

After you have spent over 90+ days in the acquisition process…its time for you to actually own and operated your building. Michael discusses a PRE- and POST- apartment takeover strategy. If you ...

Episode 184 - Would you QUIT YOUR JOB after buying 388 apartment units? from 2019-06-01T23:13:35

Emily Cortright and Adam Roberts were corporate folks. They went to the right schools, (Ohio State and Penn State) lived near the ocean in southern California, and both worked for the right comp...

ASK MIKE MONDAYS - Michael, can you define what KEY PRINCIPAL is? from 2019-05-27T19:20:18

Michael discusses and defines the term: KEY PRINCIPAL and how it applies to commercial real estate lending. The lender makes the loan to the Borrower. The Borrower is not typically an individual...

Episode 183 - Bridge Loans Can Be an Attractive Financing Strategy for Value-Add Investments from 2019-05-27T14:06:59

For various reasons, not all apartments will qualify for a Fannie Mae or Freddie Mac loan today.
An example could be that current net operating income (NOI) versus sales price does not sup...

ASK MIKE MONDAYS - Michael, when is the economic slowdown coming in apartments? from 2019-05-19T22:22:30

Michael discusses some recent economic information that Greg Willett from RealPage has shared with investors. Possible slowdown coming in 2020-2021 and the impact it will have on apartment leasi...

Episode 182 - Apartment Investing: A possible retirement solution from 2019-05-18T00:09:06

Today, Allan and Laurel Beazer passively own over 2000 apartment units. A few years ago, they got mad after their CPA told them they may have to work many more years to have a decent retirement....

ASK MIKE MONDAYS - Michael, what is the state of the apartment market today and any pro-tips you can share? from 2019-05-12T22:44:37

Michael discusses the status of the capital markets that he is seeing as a deal sponsor. Today, to be rewarded with a lower interest rate, Agency lenders want to see energy or water savings by a...

Episode 181 - ARE YOU NEW TO APARTMENT FINANCING? Listen to John Darrow, underwriter and decision maker with Red Capital Group, explains the differences between the SMALL BALANCE Fannie Mae and Freddie Mac loans. Please take notes! from 2019-05-11T01:50:47

John Darrow is an underwriter with Red Capital. He specializes in SMALL BALANCE- AGENCY loans under $7 million for NEW apartment buyers. In some areas of the nation…they will lend up to 80% leve...

ASK MIKE MONDAYS: Michael, how do you DE-RISK an apartment transaction? from 2019-05-05T20:06:14

Today, many sellers and listing agents require buyers to put a substantial amount of NON REFUNDABLE earnest money up front…BEFORE they do certain due diligence analysis. As you can imagine, the ...

Episode 180 - Two TOP producing APARTMENT REALTORS give you insights on how to win a deal from 2019-05-03T21:32:54

Berkadia real estate brokers, Will Jarnagin and Michael Ware, have been selling apartments for over 15 years. They have a depth of knowledge to help you. Will gives us an insight on the Value Ad...

Episode 179 - “Old Real Estate Guys” established an INVESTMENT FUND to buy apartments from 2019-04-26T21:32:57

Bill Mara & Pat Poling have been business partners for over 30 years. These “old real estate guys,” operated a multi-billion dollar institutional real estate portfolio for about a dozen years an...

ASK MIKE MONDAYS - Michael, I found out that the previous owner FILLED MY BUILDING UP WITH BAD TENANTS prior to closing to show higher occupancy. At the time we closed- occupancy was at 95%. Today, three months later- my occupancy is at 60%. All due to ba from 2019-04-22T21:55:20

Michael discusses real tenant occupancy challenges that will happen if you do not review tenant files during initial acquisition due diligence.

Episode 178 - Second Quarter 2019: Apartment Loan Officer Roundtable from 2019-04-19T17:28:52

What’s WORKING or NOT WORKING…in the capital markets. Old Capital commercial loan officers-James Eng, Dave Walls and John Brickson discuss what is happening in apartment lending. Paul Peebles re...

ASK MIKE MONDAYS - Michael, what are the benefits of using a commercial mortgage broker versus a direct lender? from 2019-04-15T00:35:52

It is all about “execution certainty.” This means your banker/broker must be your advocate in closing your apartment loan. Michael discusses some of the reasons on why you should consider using ...

Episode 177 - No analysis paralysis here- 3 apartment purchases within 12 months from 2019-04-10T22:48:10

Beware of internet scammers when it comes to raising money for apartment investing.
In the first part of the podcast, Paul discusses a real problem that recently occurred to one of his bor...

ASK MIKE MONDAYS - Michael, what rates of return can I expect for a multifamily investment and what real risks are there? from 2019-04-07T22:11:52

Michael explains the reality of investing in apartments today and what you can expect in the future. Investment expectations for investors have changed in the last few years. “Longer and Lower,”...

Episode 176 - Transitioning from Wall Street to Apartment Investing: now owns over 500 units from 2019-04-06T20:41:52

Tauheed Saddiqui spent years working for banks and hedge funds. He would spend days on the road raising money from institutional investors. He loved it; but traveling was killing him and hurting...

Episode 175 - “Where is the apartment market going?” Apartment Economist Greg Willett explains the future for investors from 2019-03-31T23:20:19

Greg Willett is the Chief Economist for RealPage. He is the nations top apartment economist that bankers, general partners and investors listen to. Here are some of his thoughts:

Th...

Episode 174 - Golden Nuggets from apartment investor JC Castillo from 2019-03-24T08:07:26

JC Castillo owns several large apartment buildings. Because JC is a disciplined real estate investor, it’s been almost two years between his last deal he closed on and his next new deal. Two yea...

ASK MIKE MONDAYS - What do limited partners need to get comfortable BEFORE they invest with you? from 2019-03-19T17:10:26

Michael gives general partners tips on what limited partners need to make an investing decision.

Episode 173 - Applying Warren Buffett’s investing knowledge to Multifamily from 2019-03-18T15:44:39

Every year, Warren Buffett, writes his Berkshire Hathaway shareholders a letter. This eagerly anticipated letter from the ‘Oracle from Omaha’ gives rich insights, from the greatest investor, on ...

ASK MIKE MONDAYS - Michael, how do you deal with difficult or unreasonable limited partners AFTER we close? from 2019-03-11T16:55:30

Real estate is easy; people can be hard. In apartment syndications, general partners need equity. That equity comes from limited partners. Not all limited partners are going to be easy to work w...

ASK MIKE MONDAYS - Michael, what should an ASSET MANAGER do? from 2019-03-01T22:28:16

An asset manager oversees the property on behalf of the investors. They report any financial or physical changes (good or bad) to the general partner. They help in managin...

Episode 172 - Why COST SEGREGATION will give you tremendous tax advantages when owning apartments from 2019-03-01T22:18:30

Cost segregation identifies building costs that would typically be depreciated over a 27.5 period and reclassifies them to permit a shorter, accelerated method of deprecia...

Episode 171 - Coaching and Counseling: What?? I didn’t realize that!! That’s not right! from 2019-03-01T22:07:06

Independence is leaving the commercial real estate business. Listing agents are being hired by commercial apartment lenders. Yes…they now work for the lender!
Gone a...

ASK MIKE MONDAYS - Michael, what do you read? from 2019-02-17T20:27:21

Michael discusses what he reads on a daily basis and what helps him understand the big picture in apartment investing. If you come across interesting and supportive invest...

Episode 170 - How to Achieve More Success by Teaming up with a “talented partner” from 2019-02-17T19:39:32

Justin Martinez and Matt Picheny are business partners in a 132 unit, two property portfolio in Lawrence, Kansas. Justin lives in Dallas, and Matt lives in Boston, we discuss how they found this...

ASK MIKE MONDAYS: Michael, I am buying an apartment building, what due diligence items should the seller produce? from 2019-02-10T23:59:08

ASKING and GETTING are two different things when dealing with a seller. Michael explains what critical financial and physical information you must ask the seller to produc...

Episode 169 - IS THE APARTMENT CRASH COMING? CoStar Analyst/ Economist David Kahn from 2019-02-08T23:37:04

CoStar Group’s David Kahn illuminates the “big picture” behind apartment investing in Texas. Before you invest, you need to know some of the basics: What can you expect in annual rent appreciati...

Episode 168 - How did two “smart guys” come together and buy over 400 units in less than 18 months? from 2019-02-01T22:51:59

Shane Thomas and Prashant Satoskar did not know each other 2 years ago. Shane and Prashant met at an apartment educational/mentoring group meeting. They immediately recognized that by working to...

Episode 167 - What are SMART APARTMENT REIT MANAGERS investing in today? What they know and what you need to know! from 2019-01-25T22:10:43

Apartment REIT’s (REAL ESTATE INVESTMENT TRUSTS) own thousands of apartment units throughout the country. They own all different types of apartments; from brand new buildings in downtown urban a...

SPECIAL EDITION: Help US - Help THEM Hoops for Homelessness from 2019-01-23T21:18:29

Saturday, March 30   7.30a - Noon?
?Southern Methodist University- Dedman Center  Dallas?

?Hoops for Homelessness is a 3 on 3 half court basketball tour...

ASK MIKE MONDAYS - Michael, how do you get comfortable with putting HARD EARNEST MONEY into the transaction on day one? from 2019-01-20T19:25:05

Your seller may require you to prove that you are a serious buyer by demanding a large amount of initial earnest money up front. This money could be at risk, IF you do not perform. The seller wa...

Episode 166 - NICE GUYS do finish first! Listen to how Kevin Chalmers acquired 488 units from 2019-01-18T23:24:02

Five years ago, Kevin Chalmers managed a team of engineers at a large hi-tech company. As a salaried employee, he was working 60 hours a week and getting paid for 40. He worked and saved and the...

ASK MIKE MONDAYS - Michael, I just acquired a 9 unit apartment building and WOULD LIKE TO AIRBNB all or most of them. How can I get a Fannie Mae or Freddie Mac loan? from 2019-01-12T23:38:33

Michael gives his input on the AIRBNB platform in multifamily ownership. Also, he answers a separate question on the pros and cons of SECTION 8 tenants

Episode 165 - Get the Value Right! You need to know…what is IMPORTANT to your apartment appraiser? from 2019-01-12T23:02:50

Grant Williamson is a commercial real estate appraiser for BBG. He just received the prestigious MAI designation from the Appraisal Institute. BBG is a nationwide commercial real estate valuatio...

ASK MIKE MONDAYS - Michael, would you talk a little bit about the different loan covenants offered to a well-qualified seasoned guarantor compared to a newer sponsor? from 2019-01-07T00:18:23

Michael sheds light on the various restricted language sometimes found in the loan documents that lenders will add or subtract based on the sponsors apartment ownership ex...

Episode 164 - ASK THE UNDERWRITER - THIS IS REQUIRED LISTENING. To be successful in 2019 you must know the apartment underwriting guidelines. from 2019-01-05T23:01:41

Every quarter in 2019, we will feature an in-depth conversation with a loan decision maker. Today we focus on underwriting guidelines with Fannie Mae. SVP, Chief Credit Officer- Jon Banyard and ...

ASK MIKE MONDAYS - Michael, have you ADJUSTED the IRR (INTERNAL RATE OF RETURN) in deals you are doing to account for lower cap rates, higher interest rates and lower annual rent increases? from 2018-12-31T11:55:55

Michael explains what he is seeing when raising capital from investors.

Episode 163 - 4 KEY LESSONS: Amazon business buying vs. Multifamily Investing (WHITE PAPER REPORT) from 2018-12-28T21:35:43

James Eng recently listened to a panel of experts who buy and sell online Amazon businesses. The entire time he was listening, he couldn’t help but see the similarities to multifamily investing....

ASK MIKE MONDAYS - Michael, what are the LIQUIDITY&NET WORTH requirements from a lender to qualify for an APARTMENT LOAN? from 2018-12-25T02:15:36

Buying a large apartment building is NOT a NO CASH/ NO NET WORTH/ NO CREDIT business model. The lender needs to see the depth of your balance sheet. Your lender is going t...

Episode 162 - You don’t need a HARVARD MBA to buy CLASS C apartments…but it doesn’t hurt! from 2018-12-21T23:36:35

Jack Langenberg and Tom Lafferty are business partners in a 154 unit apartment building. Jack came from a corporate background and has a Harvard MBA; Tom is a local firefighter. These two guys p...

ASK MIKE MONDAYS - Michael, besides real estate brokers, where else can you find OFF MARKET deals? from 2018-12-16T17:32:12

Michael enlightens apartment buyers that OFF MARKET transactions are like capturing unicorns. Social media has created some perceived OFF MARKET opportunities in chat rooms and on Facebook, but ...

Episode 161 - Building a STRONG TEAM helps you go from ZERO to 310 units from 2018-12-13T23:25:35

Bryan Amos has assisted hundreds of apartment investors in their physical due diligence. He is your advocate. He is the apartment inspector/ engineer that you rely upon to...

ASK MIKE MONDAYS - Michael, what are the biggest barriers to entry into apartment ownership for someone UNDER THE AGE OF 25? from 2018-12-10T00:26:08

Michael gives us feedback to a YOUNGER apartment buyer on what they should focus on when entering into the apartment ownership business.

Episode 160 - Understanding the INSTITUTIONAL APARTMENT BUYER with Jorg Mast at JLL- Dallas from 2018-12-10T00:23:30

The institutional apartment buyer is at the top of the food chain. These equity buyers are typically pension & fixed income funds needing monthly cash flow for their inves...

ASK MIKE MONDAYS - Michael, how will the continued population growth in Texas effect apartment ownership? from 2018-12-03T00:03:23

Michael discusses a recent article written by economist Jim Gaines with Texas A & M University Real Estate Center.

ASK MIKE MONDAYS: Michael, I’m an Apartment investor; Is there a crash coming and will I lose all my money? from 2018-11-19T01:12:37

Michael examines the state of the apartment market and discusses an interesting article that Freddie Mac provided.
Please read: https://globenewswire.com/news-releas...

Episode 159 - Jake&Gino: First Friends and now Business Partners in a 1000 units from 2018-11-19T01:03:20

Jake Stenziano and Gino Barbaro came from different backgrounds before they bought their first apartment building. Jake was in medical sales and Gino owned a restaurant......

ASK MIKE MONDAYS - Michael, what reports should I be receiving from my apartment management company? from 2018-11-14T00:20:55

Michael discusses the different reports that a management company should be providing to the managing member every month. Obviously, it is better to overly communicate wit...

Episode 158 - Show me the Money! Find your money through Self Directed IRA investors from 2018-11-12T00:06:09

Rebecca Miller, with Quest Trust Company, discusses the advantages of having investors use Self Directed IRA’s for investing in apartments. A self directed IRA is one that...

Episode 157 - Market Timing: Northmarq brokers explain the current selling environment from 2018-11-05T00:38:24

Top Producing Apartment brokers, Taylor Snoddy and James Roberts discuss challenges and opportunities when selling apartments. Taylor and James and their team members will...

Episode 156 - The ACCIDENTAL LANDLORD becomes a SUCCESS from 2018-10-27T21:01:27

In 2008, Satya Masina transferred to Texas. Unfortunately, he could not sell his family townhome in New Jersey. After months on the market, he decided to rent the property. It immediately had a ...

ASK MIKE MONDAYS - Michael, is it recommended to have both a real estate attorney and an SEC attorney ? Can this be one role ? from 2018-10-22T09:31:35

Episode 155 - Apartment Outlook: The view from 30,000 feet, 10,000 feet…and 1 foot from 2018-10-21T17:42:31

A coaching and counseling session with James Eng. James gives listeners an overview of the macro-economic assessment of what is happening in today’s apartment & capital ma...

Episode 154 - BE CAREFUL OUT THERE: Why rising interest rates matter when applying for an apartment loan from 2018-10-13T22:45:12

A special loan officer roundtable discussing the recent impact on borrowers, loan amounts, and additional equity needed when interest rates rise quickly. When interest rat...

Episode 153 - Multifamily Story Time: Darwin German shares some wacky stories in owning and managing apartments from 2018-10-04T22:58:23

Over the last 28 years, Darwin German has owned and managed thousands of apartments. Darwin discusses the crazy stories of tenants, drug dealers, sellers, fires, and survi...

Episode 152 - EMPOWERING WOMEN into Real Estate - October 25 San Mateo, CA YOU ARE INVITED! from 2018-09-27T22:13:10

Listen

ASK MIKE MONDAYS - Michael, you mention that on half of the deals you see, you do a BACK OF THE NAPKIN ANALYSIS to see if a deal fits; can you explain your process? from 2018-09-23T21:35:15

Michael gives a high level breakdown on what you should focus on when presented with a potential real estate opportunity. Do not go into great analysis on every deal…you a...

Episode 151 - Silicon Valley Engineers have transitioned into Apartment Moguls from 2018-09-20T20:54:23

Boris, Oshi, Albert and Leonid are business partners and have been buying apartment buildings for the last few years. By the end of the month, they will own almost 800 doo...

ASK MIKE MONDAYS - Michael, we are a week away from closing and the seller is asking for an extension for “internal legal issues.” Have you ever had a deal not close because of the seller? How did you handle it? from 2018-09-16T23:15:20

Every buyer’s worst nightmare is a seller unable or unwilling to close AFTER you have spent thousands in pursuit costs. Michael discusses what remedies could be used for s...

ASK MIKE MONDAY - We are thinking of REBRANDING our property and changing its name; any pitfalls? from 2018-09-09T21:01:27

Perhaps, on purchase, you should consider changing the name of the property. Michael discusses some of the reasons why he has rebranded some of his assets.

Episode 150 - Meet 2017 National Apartment Association Winner: John Ridgway from 2018-09-09T20:43:44

John Ridgway and his Celtic Realty Advisors won the 2017 National Apartment Association award for BEST APARTMENT IN THE COUNTRY for his Grove on Gladstell Apartments. This 52-unit apartment buil...

ASK MIKE MONDAYS - Michael, I am thinking of buying a $1 million apartment building and should I put on PERMANENT DEBT? from 2018-09-03T20:58:40

Michael gives an example on apartment loan structuring and what you should consider BEFORE you lock yourself in with a future large prepayment penalty. When you are buying your first apartment b...

Episode 149 - How to do PROFITABLE transactions in this STAGE OF THE MARKET; what’s working? from 2018-09-03T20:53:46

The Old Capital Podcast is on the road in San Jose at the Northern California Apartment Investor Networking group. The guys take questions from the audience about the status of the apartment mar...

ASK MIKE MONDAYS - Michael, What do you think about sponsors offering a PREFERRED RATE OF RETURN to investors? from 2018-08-27T08:08:18

Michael discusses the opportunities and challenges that deal sponsors must consider IF they want to offer equity investors a preferred rate of return on their investment.

Episode 148 - What you need to know BEFORE investing your HARD EARNED DOLLARS. Hans Box, CPA breaks down common investing terms and structures from 2018-08-26T21:14:05

Hans Box is a talented, top producing commercial loan officer for Old Capital; but also is an investor and a CPA. Hans has been a deal sponsor or a passive investor on many real estate transacti...

ASK MIKE MONDAYS - Investing in an apartment syndication? What PASSIVE INVESTORS MUST ASK DEAL SPONSORS from 2018-08-19T23:30:37

Are you looking to invest into an apartment syndication? Most syndicators or deal sponsors will have a PRIVATE PLACEMENT MEMORADUM detailing the risks involved in investing in an apartment trans...

Episode 147 - NEVER TOO LATE to buy apartments. A real estate broker becomes an apartment owner. from 2018-08-19T19:02

Rick Stilovich has been a commercial real estate broker for over 30 years. He represented OTHERS in purchasing and selling all types of commercial real estate. He made many of his clients very r...

ASK MIKE MONDAYS - I want to a buy an apartment building. What do I look for in the numbers? from 2018-08-12T21:59:07

Michael explains to a potential apartment buyer on what is important in the operating statement. Do you look at the trailing 1, trailing 3, or trailing 12? What is important? Michael talks about...

Episode 146 - Could you learn something from a guy that manages over 19,000 apartment units? from 2018-08-11T21:13:26

Ryan Wehner manages over 19,000 units in Texas and Oklahoma. His third-party property management company provides the day to day management of apartment properties. Ryan discusses the reasons to...

ASK MIKE MONDAYS - Michael, I just scheduled an appointment with the listing agent to walk a multifamily property; what do I need to pay attention to? from 2018-08-05T22:21:21

After reviewing the initial underwriting and if you think it works for you and your investors…it becomes necessary to physically walk the property. Most listing agents require you to walk the pr...

Episode 145 - Execution Certainty: What to ask your commercial mortgage loan officer BEFORE you hire them. from 2018-08-02T23:28:06

Listen

ASK MIKE MONDAYS - Can you unveil some common misconceptions when purchasing apartments? Should I consider owner financing? Should I send ‘I want to buy your apartment’ letters to the seller? Does that really work? Can you wholesale multifamily proper from 2018-07-29T22:13:34

Wow! When trying to buy an apartment building… don’t fall into some rabbit holes. Pursuing single family MARKETING strategies do not typically work when trying to FIND a multifamily property. Mi...

Episode 144 - Get Smart - 3rd Quarter Loan Officer Roundtable from 2018-07-27T22:30:42

Your lender brings a huge amount of capital to your transaction. They are a critical member of your success team. You need to understand what’s important to...

ASK MIKE MONDAYS - Mike, when considering at a possible apartment acquisition; what is the first thing you look at? from 2018-07-23T19:53:33

You may have to look at several apartment opportunities BEFORE you find the right one. The ability to underwrite a transaction quickly will help you make swift decisions on whether to pursue wit...

Episode 143 - INDUSTRIAL WAREHOUSE INVESTING; a possible alternative to multifamily investing from 2018-07-19T22:57:25

Trying to acquire an apartment building today can be challenging in this hyper competitive market. Perhaps you need an alternative property type to consider. In today’s podcast we explore indust...

ASK MIKE MONDAYS - I am under contract and buying an apartment building. I’ve been contacted by the appraiser; what do I need to know and give them? from 2018-07-15T23:49:55

A lender needs to understand the value of the collateral. Even though you paid for the appraisal, the appraiser is hired and works for the bank. They will not discuss value with the buyer until ...

Episode 142 - Within 16 months, Ed Faulkner went from ZERO UNITS to 54 UNITS from 2018-07-06T00:17:09

A few years ago, Ed Faukner bought a new house for his growing family to live in. The day after they moved in…his wife informed him that she HATED the house and wanted to move. Yikes! Instead of...

ASK MIKE MONDAYS - Do I need a buyer’s broker when acquiring an apartment building? from 2018-07-01T23:41:15

Buyer brokers are not common in multifamily. If you are fairly new into apartment investing, you should have a buyer’s broker represent you. If you are a seasoned apartment buyer, buyer brokers ...

Episode 141 - Go BIGGER and FASTER with specific apartment education&mentoring. Brad Sumrok teaches us the value of having a mentor. from 2018-06-28T22:30:51

Brad Sumrok is the Apartment King. He is the 2012 National Apartment Association’s “Apartment Owner of the Year.” He owns thousands of apartment units, but his passion is teaching and mentoring ...

Episode 140 - Want to get started in buying apartments? Start attending live networking events! from 2018-06-22T22:18:34

Coaching and Counseling with James Eng. Today on the podcast, James discusses the importance of networking at LIVE APARTMENT investing & educational themed events. You want to acce...

Episode 139 - From corporate jobs to real estate investors; Bonnie&Kerry purchased over 700 units from 2018-06-16T22:07:59

Today we revisit with Bonnie & Kerry Staples. Bonnie & Kerry loved their corporate jobs.
They were well respected within their companies, but knew they were building someone else’s dream a...

ASK MIKE MONDAYS - 1) Mike, when buying a CLASS C apartment, what is the largest CAP X expenditures you can expect? 2) What are the biggest mistakes when buying older apartments? from 2018-06-11T00:53:30

Upfront physical due diligence is critical when purchasing any apartment building. Have your engineer/ general contractor review all components to the apartment. Not reviewing deficiencie...

Episode 138 - New Construction - This family BUILT over 800 apartment units. Learn how they did it from 2018-06-08T23:17:43

Can’t find the RIGHT apartment building to buy today?
Did you every consider BUILDING a new apartment?

Vino & Mangesh Patel build apartments in Texas. Listen to this father an...

ASK MIKE MONDAYS - 2 questions for Mike today: 1) How do you figure out how much you pay your investors? 2) It seems that most syndication structures use a 5-7 year sale...why not refinance and keep the property? from 2018-06-03T21:08:27

Structuring the right payout back to investors is critically important. Mike describes what waterfall criteria he uses to attract capital. Mike then discusses different exit strategies that many...

Episode 137 - Coaching and Counseling: Answering the SELLERS questions correctly from 2018-06-02T21:38:52

Having the highest offer price doesn’t always get you the deal. The seller needs “execution certainty”. Can the BUYER actually close on the proposed sales price? That’s the sellers worst fear th...

ASK MIKE MONDAYS - Mike, I am doing some rental comp analysis. Every apartment comp I’m finding is different by- location, size, amenities and condition. How do you determine market rents for your property? from 2018-05-28T14:12:02

Mike breaks down his assessment on comparing rental comps within a submarket. Becoming a student of the different apartment markets in your buying areas will help.

Episode 136 - TOP PRODUCING D/FW agents share their insight into the apartment market. from 2018-05-25T10:54:41

To be competitive in apartment investing you need great information. The top producing agents at ARA- DALLAS have great information on what is happening around the state. They discuss the curren...

ASK MIKE MONDAYS - Michael, I am thinking of investing into a mix-use property; what do you think? from 2018-05-21T12:08:48

Many apartments may have retail or office space included within an apartment structure. A small grocery store, a coffee shop, or a nail salon can be the typical retail store you may find attache...

Episode 135 - Over 750 units purchased in less than 5 years from 2018-05-20T07:05:08

Bhuvan & Pratima Sharma needed to make a change….a huge change. Unfortunately, a few years ago, most of Bhuvans’ & Pratimas’ retirement was wiped out when the company that they both worked for… ...

ASK MIKE MONDAYS - Michael, What is a LURA? from 2018-05-13T22:05:46

To promote affordable housing, some older properties may have an income restricted LURA. A LURA is a LAND USE RESTRICTION AGREEMENT. It runs with the deed. This recorded regulatory agreement may...

Episode 134 - 124 units; first time apartment buyer from 2018-05-10T22:08:02

Friends become partners; finding the right partner is critical to your success when buying apartments.
If you have a full time job and life commitments, but still want to own apartments… y...

ASK MIKE MONDAYS - Michael, tell me about a RECENT SUCCESS STORY. from 2018-04-29T21:01:10

Michael shares a success story of an investor that sold a NEGATIVE CASH FLOWING four-plex in California and replaced it with a large apartment building in Texas that produces a LARGE CASH FLOW s...

Episode 133 - MONEY down the DRAIN, literally. from 2018-04-26T20:59:29

On your operating statement, utility costs -paid by the landlord- can be a HUGE expense. Utilities can include water, electric, gas, sewer, and garbage. On the podcast today is Katie Anderson wi...

ASK MIKE MONDAYS - Michael, what should I include in the LETTER OF INTENT and what’s the SECRET SAUCE to get it accepted? from 2018-04-22T21:20:12

Michael discusses the mechanics of pushing over a letter of intent to the seller and how to get that offer accepted.

Episode 132 - “The Corporate Monkey” starring Michael Becker from 2018-04-21T22:35:56

This was the title to the recent Jake & Geno Podcast that featured the “Michael Becker” story. We love that story and wanted to hear it again. Michael went from a lonely, top producing commercia...

ASK MIKE MONDAYS - Michael, I’m a PASSIVE INVESTOR and I am reviewing someone else’s underwriting; what should I be looking at? from 2018-04-15T21:38:54

IF you are a passive investor you want to review a realistic PROFORMA before you invest. Michael discusses line items on the operating statement such as rental rate growth, loss to lease, proper...

Episode 131 - Quarterly Loan Officer Roundtable Meeting: How to stay ahead in the ever-changing world of commercial real estate financing! from 2018-04-12T22:07:26

The Old Capital Lending team discusses the current apartment lending environment and what you should be aware of when structuring your transaction. James Eng shares his article on “The 7 Things ...

ASK MIKE MONDAYS - Michael, a friend wants me to review a property in an area that I am not too familiar with; any ideas what I should look for? from 2018-04-08T21:14:06

Michael gives specific examples on what to consider when assessing a property that’s in a little tougher area of town.

Episode 130 - LANE BEENE won APARTMENT OWNER of the YEAR. He takes broken properties and turns them around. He helps his community, his tenants and, of course… his investors. What can you learn? from 2018-04-05T22:17:45

Lane Beene buys value added properties. He seeks distressed apartment assets in nice and mature neighborhoods. Many investors search for these ‘holy grail’ of opportunities. Many seek, but few f...

ASK MIKE MONDAYS - Michael, do you see any concerns at the beginning of the 2nd quarter for 2018? from 2018-04-02T22:57:52

Michael discusses some basic real estate economics that he is observing in the apartment marketplace.

Episode 129 - Lessons learned from an out of state apartment owner-operator: JC Castillo from 2018-03-30T22:09:22

JC Castillo has been investing in apartments for 12 years. He lives in Northern California and owns and operates properties over 1800 miles away. How can you find, purchase and operate propertie...

Episode 128 - Does your offer stand out? Top Apartment brokers - Nick Fluellen&Bard Hoover explain what sellers are looking for in a new buyer from 2018-03-22T22:31:09

Nick Fluellen and Bard Hoover are the top apartment brokers in the Marcus & Millichap office in Dallas. Their team did more transactions in 2017 than any other office in Texas. These top produci...

ASK MIKE MONDAYS - Should you assume the current debt or get a new loan? from 2018-03-11T21:50:59

Today, many apartment sellers are giving apartment buyers two pricing choices. Many sellers have large prepayment penalties on their debt; so they give new buyers two prices. One, if they assume...

Episode 127 - You have to know what is REALLY important in a REAL ESTATE SALES CONTRACT. Listen to attorney Bryon Hammer explain from 2018-03-09T00:14:59

Bryon Hammer is a contracts attorney. He advises buyers on how to structure real estate purchase sale agreements to buy apartments. Before you sign a sales contract; you will want to visit with ...

ASK MIKE MONDAYS - What are some common EXIT STRATEGIES that you have utilized on your properties? What are the PROS and CONS? from 2018-03-05T00:17:09

All investors must ask their DEAL SPONSOR at the beginning - How and when, am I going to get my money back? Michael explains that matching your exit strategy to your debt is very important. Also...

Episode 126 - Millennials Cory and Candice Muldrow just bought an 18 unit apartment building. They invested in real estate to BUY BACK their TIME from 2018-03-02T22:46:10

Cory and Candice Muldrow are unique millennials. They focused on the goal of owning real estate and now are achieving great results. Not all millennials will sacrifice today to have a better lif...

ASK MIKE MONDAYS - I’ve been asked to be a KEY PRINCIPAL on a Fannie Mae loan; what are my risks? from 2018-02-26T01:05:57

Both Fannie Mae and Freddie Mac need someone or a few folks, within the investment group, to become the fiduciary on behalf of the partnership. They typically want a natural person to sign a “gu...

Episode 125 - IS IT STILL a GOOD TIME TO BUY an apartment building? CoStar Group’s economic analyst David Kahn explains the BIG PICTURE on what’s going on in commercial real estate from 2018-02-23T00:57:02

David Kahn is an economic analyst for CoStar Group. CoStar Group is the leading provider of commercial real estate information, analytics and online marketplaces such as apartments.com & loopnet...

ASK MIKE MONDAYS - When underwriting a transaction; what ASSUMPTIONS do you use? Do you use a sensitivity analysis? from 2018-02-19T00:49:26

Michael and Jonathan Ferrell discuss the economic assumptions that investors must make when purchasing a property.

Episode 124 - Robert Helms, from The Real Estate Guys podcast, shares SECRETS on SUCCESSFUL REAL ESTATE SYNDICATION from 2018-02-16T01:19:28

Robert Helms has a passion for real estate. He is the co-host of the very popular Real Estate Guys podcast and has been educating investors for over twenty years. Investing is a team sport. To g...

ASK MIKE MONDAYS - What’s the impact with rising interest rates? from 2018-02-12T01:35:54

Interest rates have been steadily rising over the last 6 months. Michael discusses the impact of what rising interest will have on underwriting apartment transactions.

Episode 123 - Females Wanted: Apartment Investing is not for men only from 2018-02-09T01:27:20

Rupa Keskar has bought and sold over 1000 apartment units, but she hasn’t purchased a property in 18 months. Now, after 100 LOI’s, 40 property visits, numerous times at Best & Final… she is fina...

ASK MIKE MONDAYS - Would you invest in CLASS “A” or CLASS “C” apartments in a ‘hot market’ like Charlotte, NC? from 2018-02-05T00:30:56

There are many ‘hot markets’ in various metro areas of the country. Charlotte is comparable to Dallas; Michael chats about similar markets and what he would invest in today.

Episode 122 - Learn about 2018 TAX REFORM and how it will impact you from 2018-02-02T00:44:14

Not since 1986, have we seen major changes to tax legislation. Mark Patten and Mandy Thiebaud are CPA’s with McKinnon Patten in Dallas. They joined us in the podcast to explain what changes you ...

ASK MIKE MONDAYS - Can you talk about the various levels of property management? from 2018-01-28T22:53:10

When you hire a third party management company they perform several functions.
1) Accounting 2) Human Resources (employees work for the management company- not you)
3) Structured ons...

Episode 121 - FUTURE DEAL SPONSOR? Listen to how a PASSIVE INVESTOR wants to be treated from 2018-01-25T22:56:52

If you want to buy apartments; You will need money- lots of it! Passive equity partners supply most of your equity when you buy an apartment building. Charles LeMaire has invested in over 20 par...

ASK MIKE MONDAYS - What steps does Michael take to PROVE UP his OPERATING PROFORMA when doing initial due diligence? from 2018-01-21T23:08:46

When you put an initial PROFORMA- you have to make ASSUMPTIONS on the initial market rents and operating expenses. Michael examines how he backs those assumptions up.

ASK MIKE MONDAYS - What are the personal income requirements to invest in a real estate transaction? Listen how Michael interprets the question. from 2018-01-14T22:26:36

Episode 120 - Sven&Rebecca just BOUGHT a 140 unit apartment building and just SOLD a 41 unit building. Listen to the details on how they did it and what was important from 2018-01-11T23:15:24

Sven & Rebecca Dienst have been looking to fully supplement their current income with investing in apartments. This, husband and wife team, have been self-employed for many years. They were worr...

Episode 119 - More WOMEN NEEDED in Apartment Ownership! Kimberly Radaker, took action, and now owns THOUSANDS of apartment units from 2018-01-06T01:02:23

Kim Radaker explains how she purchased THOUSANDS of apartment units in the last few years. Kim is a VALUE ADDED buyer. She puts HUMPTY DUMPTY back together again. She acquires physically distres...

ASK MIKE MONDAYS - What are the BIGGEST MISTAKES in owning an apartment building? from 2018-01-01T00:08:17

Michael has seen owners fail in executing their apartment ownership strategy. With that information, he discusses some of the common failures that may paralyze you in apartment ownership and how...

ASK MIKE MONDAYS - How do you NETWORK EFFECTIVELY with BROKERS and EQUITY PARTNERS? from 2017-12-24T23:27:38

Finding the money and finding the deals are the most important concepts for deal sponsors. Michael offers you some critical solutions on how to build your team quickly.

Episode 118 - 2017 Year End Review and “GET IN THE GAME” in 2018 from 2017-12-22T03:02:44

You don’t want to miss this presentation.
Paul Peebles & Fritz Waldvogel will be in Northern California on January 9th to discuss:
“How to you qualify for a FANNIE MAE NON-RECOURSE a...

ASK MIKE MONDAYS - How do you buy you first apartment transaction? from 2017-12-17T21:55:09

Michael understands your first transaction is the toughest. Michael owns over 5200 units, but the toughest one was going from ZERO to ONE. Michael gives you the insight on what you should do to ...

Episode 117 - Michael explains how to SOURCE APARTMENT OPPORTUNITIES with Rod Khleif from 2017-12-16T22:31:27

Michael Becker is featured on a recent podcast with Rod Khleif. Michael explains how he sources apartment opportunities and raises capital. Michael discusses how he purchased over 5000 units in ...

ASK MIKE MONDAYS - Tell me the 5 different ways that OWNING REAL ESTATE HELPS YOU from 2017-12-11T00:56:37

Michael discusses the several ways that owning apartments can help you. Here are some ideas: monthly passive cash flow on a stabilized property, professional 3rd party property management, up to...

Episode 116 - NOT EVERY TRANSACTION CLOSES: Dustin Lapacka explains what happened on his first transaction from 2017-12-08T00:45:06

Here is a “real” REAL ESTATE NIGHTMARE SCENARIO. You find the perfect apartment building; and then after negotiating with the seller and the seller’s broker…you are awarded the transaction. You ...

ASK MIKE MONDAYS - NOT A DUMB QUESTION - Tell me the benefits of owning apartments from 2017-12-04T00:08:54

Most investors have stocks, bonds and cash in their retirement portfolio- listen to Michael explain the reasons why you should consider a specific kind of commercial real estate to own- apartmen...

Episode 115 - Want to know what’s going on within the apartment industry? LISTEN TO THIS GUY from 2017-12-01T00:35

Greg Willett is the Chief Economist for Real Page. Real Page is a technology & data analytics company that focuses on multifamily. They provide property management software for over 12,000,000 a...

ASK MIKE MONDAYS - Michael Becker is interviewed by SVN’s apartment agent Mark Allen from 2017-11-27T00:05:38

Mark Allen is with SVN’s office in Dallas. He is a licensed apartment Realtor and has a podcast focused to apartment buyers. Mark interviews Michael Becker on the challenges of deal flow.

Episode 114 - Old Capital Multifamily Conference LENDERS PANEL: Fannie Mae, Freddie Mac and Bank lenders are featured. from 2017-11-23T22:50:58

Listen to what the LOAN DECISION MAKERS are looking for to approve your apartment loan.
We had an in depth discussion, in front of over 450 investors at the Old Capital Multifamily Confere...

ASK MIKE MONDAYS - Michael, what documents do I need to get from the SELLER before I can submit an LOI? What is needed upfront? from 2017-11-19T23:32:35

Obviously a T12 and rent roll will be needed to make a legitimate offer to purchase an apartment property. Also, Michael discusses some of the pitfalls looking for the OFF MARKET deals

Episode 113 - Lenders Roundtable for 4th Quarter from 2017-11-16T22:24:08

We sit down with the loan officers at Old Capital and listen to an update on commercial real estate lending.

To contact James Eng: JEng@oldcapitallending.com
To contact Les Me...

ASK MIKE MONDAYS - Michael, what is your opinion of FHA APARTMENT loans? from 2017-11-13T01:44:57

A timely question; Michael and his team are currently assuming a FHA loan. FHA is a federally guaranteed program under the government’s Department of Housing and Urban Development (HUD). FHA Loa...

Episode 112 - What CHALLENGES do you have when you buy two large assets, at the same time, in two different states? from 2017-11-10T00:20:34

Wow! How would you like to work on two separate purchase transactions at the same time? These investing partners found themselves with two accepted LOI’s. They could have dropped one and focused...

ASK MIKE MONDAYS - Michael, are all lender TERM SHEETS the same? from 2017-11-05T23:28:56

Typically, your lender brings in 75-80% of the capital needed to purchase an apartment property. Obviously the lender is very important to helping you complete the transaction. A lender term she...

Episode 111 - Looking to BUILD WEALTH and SAVE ON immediate TAXES? A 1031-TAX DEFERRED EXCHANGE could benefit you from 2017-11-03T02:33

Craig Brown is an attorney and expert on educating clients on the benefits and risks of a TAX DEFERRED EXCHANGE. He has closed thousands of transactions and will give you specific advice for you...

ASK MIKE MONDAYS - Michael, how are things going on your MOST RECENT apartment sale? from 2017-10-29T23:59:49

Michael discusses his latest apartment sale and WHY HE picked this BUYER.

Episode 110 - JLL- Austin/ San Antonio - What you need to know about the BOOMING GROWTH in Central Texas! from 2017-10-27T00:22:05

Scott Lamontagne and Zar Haro are with JLL in Austin/ San Antonio and sell a bunch of apartments in Central Texas. Scott is the managing director for the 11 person team based in Austin. Austin h...

ASK MIKE MONDAYS - LISTEN to the TOP BROKERS in DFW (2) from 2017-10-22T21:55:36

Michael Becker hosted the TOP LISTING BROKERS panel at the Old Capital Multifamily Conference in Dallas. These 5 agents and their respective companies do almost 70% of the total sales in Dallas-...

Episode 109 - Up to 43,000 Apartments may be OFFLINE in metro Houston. Is that an opportunity for investors? from 2017-10-20T00:44:21

Tom Wilkinson is the ‘dean’ of apartment sales in Houston, Texas. He has been in apartment brokerage for over 25 years. He sells over 10% of all the B & C apartments in Houston; with most being ...

ASK MIKE MONDAYS - LISTEN to the TOP BROKERS in DFW (1) from 2017-10-15T23:06:43

Michael Becker hosted the TOP LISTING BROKERS panel at the Old Capital Multifamily Conference in Dallas. These 5 agents and their respective companies do almost 70% of the total sales in Dallas-...

Episode 108 - Raising Money through Syndication: Doing it the RIGHT WAY from 2017-10-12T23:34:39

Gene Trowbridge is an attorney that specializes in helping clients raise investor money through syndication. If you are really rich, you can buy apartments all by yourself. But, for most of us, ...

ASK MIKE MONDAYS - What are the TOP LOAN PITFALLS? Can you give me an example or two? from 2017-10-08T22:23:30

Michael explains some of the obstacles that may trip you up when applying for a commercial real estate loan. You have too much at risk- financial & reputation risk, not to understand some of the...

Episode 107 - Selvam Sabapathy GOT OUT of corporate America- and NOW OWNS almost 1000 units from 2017-10-06T18:56:18

Growing up in Australia, his parents instilled the value of owning real estate. About two years, he made the decision to get out of the RAT RACE and began to acquire apartments. He currently liv...

ASK MIKE MONDAYS - When negotiating a purchase sales contract; can you give me couple of examples of deal points that the seller or the buyer wanted- that you didn’t want to give? How did you negotiate through it? from 2017-10-01T23:09:56

In today’s highly competitive apartment sales market, you must be a good negotiator to get what you want. Michael explains some sticking points that he has come across in the past.

Episode 106 - Transitioning from duplexes to multifamily with John Bollinger from 2017-09-30T01:17:08

John Bollinger wants to own an empire of apartment units….by 2022…he wants 10,000 units.
He started several years ago buying a duplex. He lived on one-side and rented the other side. He go...

ASK MIKE MONDAYS - What are you working on right now? Urban or Suburban? What do you like and why? from 2017-09-24T00:15:58

Mike discusses some of the weaknesses and the strengths of the different property types (A, B, & C) in multifamily.

Episode 105 - Newbies #3 Anna Simpson - 70 unit FIRST TIME apartment buyer from 2017-09-21T22:39:03

Anna Simpson is determined to build a portfolio of apartments for her and her family. This gal is a dynamo! Originally from Russia, she has been in the Texas for the last 13 years. She got the r...

ASK MIKE MONDAYS - I want to get smart in multifamily; what do YOU read? from 2017-09-18T00:08:36

Mike initially focuses on high level national apartment market data and then general economy status and then shifts to local and regional apartment market information. He breaks his data sources...

Episode 104 - The secret to raising more money and buying more units...KEEP YOUR EQUITY INVESTORS HAPPY!! from 2017-09-14T22:39:39

Ken & Wind Yue own hundreds of apartment units. They could not have purchased so many units without the help of happy equity partners. How do you make your equity partners happy? You have...

ASK MIKE MONDAYS - What are the normal minimum investment amounts (ie. $50,000 or $100,000) a deal sponsor will ask of their passive investors? Is an HELOC, on a single family home, counted as liquidity? What is the current state of the market? from 2017-09-11T00:19:54

Mike gives his insight on what’s going on in multifamily in DFW. He also discusses the impact of higher labor costs for apartment rehabs due to Hurricane Harvey in south Texas.

Episode 103 - YOU CAN own an apartment building and STILL keep your full time job from 2017-09-08T00:31:09

Mit Scott and Greg Ford are business partners in the ownership of a large apartment building in Irving, Texas. They originally started with purchasing single family homes, then became passive in...

ASK MIKE MONDAYS - Can you force the seller to keep their FOOT ON THE GAS after you sign the sales contract? from 2017-09-03T21:45:35

You WILL HAVE A PROBLEM with your loan…if the seller does not keep their eye on management operations and rental collections between the signing of the sales contract and the closing date. Lende...

Episode 102 - Buying a Deep Value-Added apartment: Creating a BEAUTIFUL SWAN from the UGLY DUCKLING from 2017-08-31T21:51:10

Many apartment buyers are seeking to purchase a DEEP VALUE-ADDED property in a good neighborhood. These types of properties can be tough to find. Brian Holley bought a 160 unit apartment complex...

ASK MIKE MONDAYS - How do you select a property manager and when in the process do you engage a property management company? from 2017-08-27T23:03:38

After finding the right property; selecting the right property management company is the MOST important decision that an ownership group must determine.

Episode 101 - Good things CAN come to those that WAIT from 2017-08-25T21:19:14

The father and son investing team of Jody Ambrose & J.D. Ambrose just purchased a large multifamily property in Texas. After looking for a building for almost 5 years, Jody & J.D. found the righ...

ASK MIKE MONDAYS - Should you do a CRIME STATISTICS REPORT on the area around your potential apartment purchase? from 2017-08-21T11:29:30

It is a REQUIREMENT to do a thorough analysis of the neighbourhood crime stats and school ratings when you are thinking about investing in an apartment building.

ASK MIKE MONDAYS - Mike, when you are buying a property, how do you handle the current staff that want to stay and how to screen them and then what do you do if you aren’t going to keep them? from 2017-08-13T19:02:19

If available, retaining some or all of the existing staff can give you immediate inside knowledge on some of the property secrets that you did not uncover during due diligence.

Episode 100 - "Those who do not learn ‘apartment history’ are doomed to repeat it." -Scott Henderson from 2017-08-10T20:48:13

Scott Henderson started in the apartment industry in 1982. He has learned some valuable lessons in apartment investing and brokerage over the last 35 years and shares them with you. He gives lis...

ASK MIKE MONDAYS - What does MIKE build into his underwriting for the potential rise in CAP RATES when he sells, considering we are at historic lows in interest rates and cap rates? from 2017-08-06T20:38:29

Listen

Episode 99 - A 150+ unit deal CLOSED in Waco from 2017-08-02T21:11:32

In this podcast we speak with 4 lead-partners that came together to buy a 152 unit building in Waco, Texas. We discuss how they met, how they found the property and what they liked about the ass...

ASK MIKE MONDAYS - How do make sure the seller DELIVERS the property in the condition that you originally signed the contract? from 2017-07-31T01:08:39

Listen

Episode 98 - Quarterly Loan Officer Roundtable Discussion - What’s important in lending today from 2017-07-29T01:41:24

The quarterly loan officer roundtable is an internal discuss with some of the loan officers at Old Capital on what is working or not working with lending. Jonathan Ferrell is introduced to the l...

ASK MIKE MONDAYS - Would you build an apartment building? from 2017-07-24T00:35:24

Michael gives reasons on why he would NOT build large apartments at this time.

Episode 97 - Bryan Amos - Apartment inspector shares his INSIDE SECRETS of calculating rehab costs from 2017-07-20T23:10:05

Multifamily physical due diligence is extremely important. You gotta know what you are buying! 
You need an apartment inspector to determine the condition of the asset you are buying. 
Listen

ASK MIKE MONDAYS - Do you see an end to the GOLDEN AGE OF APARTMENTS? from 2017-07-16T21:26:07

Michael comments on his personal beliefs on apartment ownership. He points to a few factors that keep his outlook positive. According to a new study commissioned by the National Multifamily Hous...

Episode 96 - Michael Blank interviews Michael Becker: The Right Way to Work with Brokers to Find Off-Market Deals from 2017-07-13T22:01:02

Michael Becker knows something about finding apartment buying opportunities. He and his investors own thousands of apartment units. Michael explains what it takes to get the momentum going with ...

ASK MIKE MONDAYS - Can I get a LOAN PRE-APPROVAL on an apartment transaction? from 2017-07-09T22:14:54

Michael discusses what lenders are looking for when applying for financing on an apartment transaction. 
With apartment lending- the quality, condition and location of the asset are the mo...

Episode 95 - Lessons learned from 30+ years in Property Management: City Gate Property Group from 2017-07-06T22:29:06

Lessons learned from 30+ years in Property Management: City Gate Property Group
Dawn Waye is President of Dallas/ Fort Worth based City Gate Property Group third party property apartment m...

ASK MIKE MONDAYS - Interest Only Needed? What you should expect from 2017-07-03T01:09:42

Interest only can certainly help the cash-on-cash returns on your investment. If you are purchasing a broken property- deferred maintenance, bad management, bad occupancy; you need some type of ...

Episode 94 - Al Silva - TOP PRODUCING BROKER gives inside tips on how to win an apartment deal from 2017-06-29T22:39:19

Al Silva has successfully closed nearly 15,000 units and over $600 million in investment sales transactions and in doing so has averaged an industry leading 99.6% closed sales price to asking pr...

ASK MIKE MONDAYS - Who does the REAL ESTATE BROKER work for and who pays their fee? from 2017-06-25T23:00:10

Michael discusses who represents the buyer and seller and who pays the listing agent. In today’s HOT apartment market…most apartment listing agents WILL NOT share the sales commission with a buy...

Episode 93 - Newbies #2 - Buying your first deal from 2017-06-23T23:41:30

This is the second podcast focusing on the new apartment buyer. “The first transaction is the hardest…” continues to be our theme. Today, we talk to a couple that was motivated to think about cr...

ASK MIKE MONDAYS - Will a FED RATE hike have an impact on Commercial Real Estate? from 2017-06-18T23:34:09

Yes and No…. After the Fed’s raised rates last week; the 10 year treasury fell. The 10 year treasury is the benchmark interest rate for many commercial real estate transactions. The long term in...

Episode 92 - Newbies #1 - Buying your first deal from 2017-06-17T01:43:46

Buying your first apartment building is the hardest.   The second and third become substantially less stressful and much easier …because you have created a “team template” for successfully closi...

Episode 91 - Why do we BUY real estate? CPA’s Mark Patten&Mandy Thiebaud show us the numbers from 2017-06-10T00:16:02

Mark Patten & Mandy Thiebaud are CPA’s with McKinnon Patten & Associates in Dallas. Their firm provides comprehensive tax, accounting and advisory services to a full range of real estate profess...

ASK MIKE MONDAYS - What should I be aware of when applying for BANK financing? from 2017-06-05T00:30:05

Not all Lenders are the same; some Banks are not real estate lenders. 
Not all Lenders like Apartment loans
Not all Lenders like older properties that need to be rehabbed and reposit...

Episode 90 - Raj and Raje: “Apartment investing changed my life.” from 2017-06-02T03:19:21

Raj was a civil engineer for the City of Dallas for 17 years. His wife, Raje is a dentist. After losing a huge amount of retirement money in the stock market crash about 9 years ago, they went s...

ASK MIKE MONDAYS - What is the State of the Market? from 2017-05-29T00:17:08

Top of the market (A+ institutional construction) is getting a little frothy in the urban core and suburban markets throughout the nation. Spread between the A property and C property is flattin...

Episode 89 - Jacob Ayers interviews Michael Becker on purchasing over 4300 apartment units from 2017-05-27T00:20:26

Recently Michael Becker was a guest on the Jacob Ayers Real Estate Podcast. Michael talks about his journey from being a commercial real estate banker to being “THE GUY” buying and operating apa...

ASK MIKE MONDAYS - Green Program from 2017-05-22T03:32:46

What is it and does every lender have that? Banks do not, Fannie and Freddie do! Freddie's is called Multifamily Green Advantage. Fannie's is called the Green Rewards Program. BOTTOM LINE: Older...

Episode 88 - “I can handle things! I'm smart! Not like everybody says... like dumb” – Fredo Corleone from 2017-05-19T11:39:34

My father would always say to me…Paul, there is a right way and the wrong way of doing things. Unfortunately, sometimes I would do the wrong thing and I would have to learn from my mistakes…the ...

ASK MIKE MONDAYS - Can you give me a description on how NOI is calculated? from 2017-05-12T22:51:41

Net Operating Income is the key metric in the multifamily world for investing and financing. The two main components are operating income and operating expenses. Mike breaks down some line items...

Episode 87 - Paul Grimme bought a FRACTURED condo. Yikes! from 2017-05-11T22:10:55

Paul Grimme is originally from Nebraska. After 28 years in the hi-tech industry he retired in 2016. Paul explains what lead him to investing and buying apartments. Paul had not gone the typical ...

ASK MIKE MONDAYS - When you ask “for the money” from your investors, what is important for your presentation? from 2017-05-07T22:14:18

Typically on a capital raise you want to have a pre-existing relationship with your potential investor. The number one question that you must answer for the investor is A) How are they going to ...

Episode 86 - This Buyer is a ‘Hands On&Bottom Line’ type of guy from 2017-05-04T23:25:16

Mike Spotts just closed on a stabilized 94 unit apartment building. Mike grew up in Plano and attended Texas State University. He was in the high technology business and wanted to transition int...

ASK MIKE MONDAYS - Should we ask the seller for bank statements when buying an apartment building? Is that a normal question to ask? from 2017-04-30T23:42:08

Michael uses his DUE DILIGENCE checklist to help him request documents from the seller. Everything is written out and are standard items for the seller to deliver. Make sure that you get a copy ...

Episode 85 - Kenny Wolfe owns 2100 units in four states. How can YOU do this? from 2017-04-27T22:53:37

Kenny purchased his first out-of-state property in 2014. Kenny initially started buying apartments in Texas and then he bought in Colorado, Oklahoma and Ohio. Kenny’s philosophy is have “real es...

ASK MIKE MONDAYS - Laundry income; should you own the machines or should you partner up with a laundry vendor? from 2017-04-23T23:22:56

Michael explains the upside and the downsides of either partnering with a laundry vendor or owning your own machines. Michael also talks about increasing your NOI with other non-rental income li...

Episode 84 - Working With Brokers and Finding the Best Off-Market Deals from 2017-04-20T20:56:20

The Old Dawg chats with The Big Dog (Michael Becker) 

Bill Manassero with the Old Dawg REI Network Podcast explores why Michael Becker has a track record unlike few others.  In les...

ASK MIKE MONDAYS - Why would you PASS on an apartment transaction? from 2017-04-18T19:38:16

What kills a transaction right off the bat? Michael only buys in ‘specific’ areas and will not compromise on the asset location or quality. Even though it might be tempting…don’t buy in the ‘hoo...

Episode 83 - If you ‘can’t break it’…you must invest from 2017-04-14T16:54:49

Bob DeLong was concerned about his retirement and was looking for a solution. He found that investing in apartments could create passive income. He now invests in apartments in central Texas. He...

ASK MIKE MONDAYS - Can you make money; if you buy a SMALLER APARTMENT building? What are some of the RULES OF THUMB for employees per unit? from 2017-04-09T19:47:04

Smaller buildings can typically be more challenging to staff and then push payroll expenses over less units. Owning apartments is a scaleable business. Mike explains some of the rules of thumb o...

Episode 82 - They are all still friends after buying a 142 unit apartment building together from 2017-04-07T17:27:24

Friends for over 17 years; Boris, Oshi, Leonid & Albert currently live in Northern California and now own 200 apartment units in Dallas, Texas. How do hardware designers that live over 1700 mile...

ASK MIKE MONDAYS - Can I get a loan on an apartment building; if I am not a US CITIZEN and live over seas? from 2017-04-03T00:12:52

It can be done. Mike explains the additional complexity and underwriting rules for foreign nationals to finance apartments in the US.

Episode 81 - The Passive Income Physician from 2017-03-31T10:33:53

Thomas & Timothy Black are brothers and principals at Napali Capital, LLC.  
Napali Capital acquires and operates Class B & C apartments. Tim recently retired as the chief operating office...

ASK MIKE MONDAYS - How difficult is it to ASSUME a FANNIE MAE loan? What is a SUPPLEMENTAL loan? from 2017-03-27T05:10:06

A unique feature with a Fannie Mae loan is the ability to assume the existing loan from the seller and then apply for a new subordinated loan to get max leverage. Mike explains the additional be...

Episode 80 - Listen to who the Apartment Experts listen to: Greg Willett from 2017-03-23T21:01:03

Greg Willett- Chief Economist 
RealPage

RealPage is the leading provider of on-demand software solutions for the rental housing industry. RealPage supplies property management...

Ask Mike Mondays - When rehabbing a value-added property; where do you start first? from 2017-03-19T20:17:50

Always have a physical due diligence report done BEFORE you buy the property. Make sure that you understand the rental submarket and the tenant demographics. Rely upon the information from a qua...

Episode 79 - Meet the CBRE- Dallas Team that did over $1.5 billion in apartment sales last year from 2017-03-17T00:12

Chris Deuillett and Danny Baker

Chris has been selling older (Class B & C) apartments in the Dallas market for 17 years. Chris comes from a family of real estate professionals; his...

ASK MIKE MONDAYS - What does it take to become a deal sponsor? from 2017-03-13T00:02:06

What happens first; raise the investors money or find a building? Or is it vice versa? Before you do either, you must understand what it takes to be the managing member (responsible party) to op...

Episode 78 - These rookies bought $27 million in apartments and still have their full time IT jobs from 2017-03-09T21:50:30

In less than 10 months, Venkat and Ramana, purchased 3 apartment buildings in 3 different states with over 500 units, for $27 million. Now, they are hooked on buying apartments.

Ven...

ASK MIKE MONDAYS - What do lenders look for when approving an apartment loan? from 2017-03-06T18:55:17

70% of the lending decision is based on the building operations (historical and future) and 30% is based on the sponsor (liquidity, net worth, past ownership experience of apartments) Listen to ...

Episode 77 - Learn to grow your portfolio to 10,000 units from 2017-03-03T00:31:38

John Griggs, with Presidium Group in Dallas, owns over 10,000 apartment units. He co-founded the company in 2002.

John and his business partner Cross Moceri, were unhappy lawyers i...

ASK MIKE MONDAYS -What can I expect when a building catches on fire? from 2017-02-26T22:48:10

Episode 76 - You need a Property Management Company that you can TRUST from 2017-02-23T23:06:54

A professional property management company can make or break your profitability and overall success to your apartment investment. Find a management group you can trust. A property management com...

ASK MIKE MONDAYS - After you buy an apartment building, rehab it, stabilize it and are now contemplating selling it... What factors should you consider when selling your apartment building? from 2017-02-19T23:49:44

Episode 75 - Quarterly Lenders Roundtable for First Quarter 2017 from 2017-02-17T00:01:54

The Old Capital team talk about interest rates rising at the end of 2016 and its direct impact on loan proceeds, future of apartment investing throughout Texas and the nation and challenges with...

ASK MIKE MONDAYS - When you buy a VALUE ADD apartment building; where should you invest your rehab dollars to get the largest capital gain? from 2017-02-13T12:00

Episode 74 - Aaron Katz from 2017-02-10T00:45:33

In 2010, Aaron joined an apartment mentor program & learned about apartment syndication. Now he owns hundreds of units with his equity partners.

Currently owns 3 apartment buildings...

ASK MIKE MONDAYS - How do I avoid getting my apartment foreclosed upon? What are the BEST OPERATING PRACTICES when you buy an apartment building? from 2017-02-06T00:09:57

Episode 73 - Working together we will accomplish more! from 2017-02-03T01:54:19

Lane Beene and Jason Hull are heroes. Lane is a current US AIR FORCE- F16 pilot and owns apartments. Jason is a former NAVY SEAL and now finances apartments. Business is like combat and you need...

ASK MIKE MONDAYS - After you get an apartment building under contract; now what? How do you determine IF you are buying a LEMON? from 2017-01-30T00:38:04

Episode 72 - Robert Helms from the Real Estate Guys Radio Show on the Old Capital Real Estate Investing Podcast where were discuss Multifamily (Apartment) Financing from 2017-01-24T23:36:39

Want to learn how to get started in Syndicating Multifamily (Apartment) Properties?

This week on the Old Capital Real Estate Investing Podcast we interview Robert Helms, the popular host ...

ASK MIKE MONDAYS - When you are looking to do your first multifamily syndication, who are your critical team members and what are their roles? from 2017-01-23T22:27:18

Episode 71 - Would you buy your first apartment building in the Detroit area? Greg&Nicole Scott did from 2017-01-19T08:22:41

After being passive investors in over 900 apartment units; Greg & Nicole Scott decided to purchase their first apartment building in an area that they know best...Detroit, Michigan. Listen to ho...

Episode 70 - Dallas - ARA Brokerage from 2017-01-10T01:01:38

We start 2017 with a discussion with the top producing team of ARA- Dallas. ARA has the largest brokerage platform in the nation. Listen to what’s in store for multifamily in the primary and sec...

Episode 69 - Mr. FHA from 2016-12-26T01:42:32

An FHA loan is not for everyone…but it could be for you. Sam, our FHA underwriter, visits the podcast to discuss the advantages of financing your apartment building with an FHA loan. Do the bene...

Episode 68 - Bethany and Gregor Ulteig from 2016-12-12T22:38:58

In the last 24 months, Bethany and Gregor Ulteig have invested in 16 apartment transactions as equity investors. Now, they have a unique perspective on how lead partners should treat their equit...

Episode 67 - Lowering Your Property Taxes from 2016-12-05T23:39:30

Property taxes, on apartments, is a huge expense. You need an advocate to help you lower that cost. In the podcast today is Mark Cantrell with Cantrell McCulloch in Dallas. Mark explains how you...

Episode 66 - Kevin Chalmers&Chase Maupin from 2016-11-20T21:14:23

For years, Kevin Chalmers & Chase Maupin, were team members at the same hi-tech company. Now, they are transitioning into low-tech…apartment ownership. Chase owns 2 apartment buildings and Kevin...

Episode 65 - Alan Stewart from 2016-11-14T00:02:04

Alan Stewart has been investing in apartments for several years. First, as a passive investor, then as a co-sponsor with a partner and now a deal sponsor for his own transaction. Alan shares his...

Episode 64 - Crowdfunding from 2016-11-07T01:17:55

What is crowdfunding? Elizabeth Braman with Realty Mogul discusses the benefits of using crowdfunding. Realty Mogul are the pioneers in crowdfunding. Learn how raising equity through crowdfundin...

Episode 63 - Rupa Keskar from 2016-10-31T00:12:46

Rupa Keskar buys apartments in secondary markets because she found the primary markets (Dallas, Austin, San Antonio) to be too competitive. In the last 18 months she purchased over 700 units in ...

Episode 62 - Doug Wilson from 2016-10-22T22:10:24

Investing in self storage properties could be an alternative to multifamily. The two different asset types are more similar than you think. Doug Wilson visits the podcast and compares and contra...

Episode 61 - Will Jarnagin&Michael Ware - Berkadia from 2016-10-17T21:48:56

Will Jarnagin & Michael Ware are with Berkadia in Dallas. We sit down and visit with these two top producing investment sales brokers and find out about what you need to know about acquiring apa...

Episode 60 - Quarterly Lenders Roundtable from 2016-10-08T22:16:13

The Old Capital Lending team sits down and discusses what’s working and what’s not working in commercial real estate lending. Listen to how we structured several lending transactions for our buy...

Episode 59 - Fight of the Century from 2016-09-30T20:22:24

‘Fightin’ Freddie Mac versus Fannie ‘The Legend’ Mae. These two lenders are fighting for your business. We compare and contrast the two non-recourse, apartment lenders- Fannie and Freddie. Under...

Episode 58 - Will Crozier from 2016-09-26T00:26:25

Will Crozier is very inspiring. He buys large value-added apartments and turns them around and also co-owns a successful materials company that imports fixtures from China and sells them to apar...

Episode 57 - Meredith&Brian Sifford from 2016-09-18T19:59:55

Meredith & Brian Sifford began investing in real estate about 3 years ago. This husband and wife team started with two single family homes and then transitioned into apartments. 18 months ago th...

Episode 56 - Pradeep Mistry from 2016-09-08T23:10:38

Pradeep Mistry transitioned from HI TECH to LOW TECH. After 30+ years in the high technology business, Pradeep now owns and self manages Class “C” apartment buildings around the Austin, Texas ma...

Episode 55 - James Greene and Brad Perry from 2016-09-01T23:31:27

Talk about stress. You found the right deal, you’re under contract with $100,000 nonrefundable earnest money to the seller and you just raised over a million dollars from investors….but unfortun...

Episode 54 - Dante Andrade from 2016-08-27T21:32:43

Dante Andrade just purchased his first apartment building in Arlington, Texas. He explains his journey from initially being a limited partner and equity investor in someone else's deal, to now r...

Episode 53 - Brett Zaitoon - Property Manager from 2016-08-21T23:36:46

Hiring the right property manger can make you or break you. Brett Zaitoon owns a third-party property management company in Texas. He manages hundreds of apartment units for owners. Listen to wh...

Episode 52 - Community Banker Discussion from 2016-08-14T13:26:33

Meet John the Community Banker. What is a Community Bank? It is a locally based Bank that lends almost entirely into its regional area that wants a “relationship” with you. Community banks can h...

Episode 51 - Tom Lafferty from 2016-08-06T22:31:21

Apartment owner, Tom Lafferty's full time job is a Captain in the fire department. On the podcast, Tom discusses how he originally got into the apartment business and what it takes to buy a 78 u...

Episode 50 - JC Castillo from 2016-07-29T01:15:42

JC Castillo lives in San Jose, California and buys apartments in the Dallas area. He started his acquisition journey in 2007 by purchasing a 24 unit and a 50 unit building; now he only looks to ...

Episode 49 - Rowan Properties from 2016-07-22T00:23:42

Rowan Properties sell apartments in Texas. Mike Burch and his team have been advising apartment buyers and sellers since 1985. We wanted to know how the last apartment buying cycle is different ...

Episode 48 - Justin Martinez from 2016-07-17T22:46:40

Justin Martinez, who lives in Dallas, now owns two apartment buildings in Oklahoma. Three years ago, he caught the apartment ownership ‘bug.’ Initially, he invested as a limited partner in someo...

Episode 47 - Supriya Sriraman from 2016-07-07T21:23:43

Supriya Sriraman purchased a small (50+ unit) VALUE-ADDED multifamily property in Texas. Previously, she was a limited partner on several apartment transactions and now it was time for her to le...

Episode 46 - Listen to the Apartment Appraiser from 2016-07-01T00:01:39

“What’s driving apartment values? A Peek Behind the Appraisers Curtain” Aimee Morgan, with the CBRE Commercial Appraisal Group in Dallas, helps us understand how apartments are valued. Also, lea...

Episode 45 - Brad Sumrok from 2016-06-24T23:37:29

R2R Mentor Investing in multifamily properties is a team sport. A good team needs a good coach. In multifamily ownership it all starts with a good mentor. A mentor is an educator. Brad Sumrok ta...

Episode 44 - 5400 Class 'A' Units Owned&Managed from 2016-06-17T23:03:52

Chris Faulkner and Trent Wood have a ‘secret sauce’ when they buy Class A properties. Listen to how they created a dynamic corporate culture to benefit their investors, employees and tenants. Th...

Episode 43 - Freddie Mac Small Balance from 2016-06-09T20:00

John Darrow is a specialist in the Freddie Mac Small Balance loan program. Loan amounts between $1,000,000- $5,000,000. Listen to him explain the differences between Fannie Mae, Freddie Mac and ...

Episode 42 - Bryan Amos from 2016-06-02T22:38:08

Bryan Amos is a ‘physical needs’ engineer. He helps you recognize what potential mechanical, electrical, plumbing problems you will be faced with before you buy a new apartment building. His ass...

Episode 41 - Quarterly Lender Roundtable from 2016-05-26T23:14:49

Old Capital loan officers answer listeners questions. Hans Box, Ricardo Hinojosa and James Eng explain loan structure on apartments, office, and self storage. This roundtable discussion focuses ...

Episode 40 - Shari&Steve Gould from 2016-05-19T23:14:53

Shari & Steve Gould just bought a 184 unit apartment building in Irving, Texas. They started off buying single family homes and now they are buying one large apartment building every year. They ...

Episode 39 - Kelli Lovelace - Commercial Closing Attorney from 2016-05-13T10:19:33

Kelli Lovelace has over 25 years in closing commercial real estate transactions. Kelli explains what a title policy covers and the process of signing loan documents. Listen to an expert tell you...

Episode 38 - What's Important in Apartment Insurance from 2016-05-06T00:30:32

Kim Stallings, an apartment insurance broker in Texas, educates us on mitigating the risk when you buy an apartment building. Listen to her explain what’s important in attaining insurance covera...

Episode 37 - David Shippy from 2016-04-25T07:16:20

David Shippy owns over 1400 units in Austin and Corpus Christi. He was a “famous” engineer for 30 years and then transitioned to become a “legend” in the apartment business. Listen to why he ins...

Episode 36 - Susan&Terry Matheny from 2016-04-18T06:38:01

Susan & Terry Matheny own several apartment buildings in central Texas. Listen to how they acquired and now manage apartments in Austin and Bryan, Texas. In 2011, they won the Austin Apartment A...

Episode 35 - Darwin German from 2016-04-10T23:59:05

Darwin German and his partners own thousands of apartment units in Dallas, Texas. He has been investing in apartments for over 25 years. Darwin discusses his ‘Five R’s’ - Recapitalize, Rehab, Re...

Episode 34 - Start small and grow large from 2016-04-03T23:26:06

The Marcus & Millichap’s Dallas office has a unique group that only focuses on apartment buildings with less than 75 units. Listen to how Nick Fluellen, Evan Burke & Scott Ogilvie advise their c...

Episode 33 - Bonnie and Kerry from 2016-03-20T22:31:06

Bonnie and Kerry recently purchased a 106 unit apartment building. Now they own over 1000 units. Right after the podcast, she quit her job of 30 years...to focus on acquiring apartments. Good jo...

Episode 32 - Stephen Shulholm from 2016-02-28T22:47:08

Stephen Shulholm, and his team of investors, purchased a 164 unit apartment building in South Dallas. He shares with us his “road map” on how he did it.

Episode 31 - Tom&Brenda and Bhuvan&Pratima from 2016-02-14T13:00

Multifamily Investing can be a team sport. Listen to how Tom & Brenda and Bhuvan & Pratima came together to purchase three apartment buildings. Also, we talk about challenges in getting their lo...

Episode 30 - Skip Bird from 2016-02-07T23:34:31

Skip Bird owns over 4000 units in the DFW area. He draws out a road map on his success that you can follow. Listen how he acquires, rehabs and stabilizes B & C properties. Great interview!

Episode 29 - Transwestern from 2016-01-31T13:32:11

The Transwestern Dallas office sold more than 15000 units in the last 24 months. Yes….15000 units….Wow! Listen to the nations top apartment brokers- Taylor, Philip & James explain how they do it...

Episode 28 - Ken&Wind Yue from 2015-11-30T01:34:44

Ken & Wind Yue explain how they went from owning 70 single family homes to now owning and managing 3 large apartment buildings. Listen to how these immigrants achieved the american dream.

Episode 27 - Lane Beene from 2015-11-23T01:53:40

Lane Beene just purchased a 22 unit property in Fort Worth, Texas. He is rehabbing a "C-" property into a "B+" property. Listen to how this full time AIR FORCE F-16 pilot got into the multifamil...

Episode 26 - Ryan Wehner from 2015-11-08T23:10:17

Ryan Wehner manages almost 8000 apartment units. Listen to what is important before your buy an apartment building... physical due diligence, rental survey, rehab budget & proforma.

Episode 25 - Need an immediate improvement to your NOI? from 2015-11-01T22:57:23

Katie Anderson explains why water conservation methods will give your bottom line a large boost.

Episode 24 - WWFMD means What Would Fannie Mae Do? from 2015-10-26T00:47:20

Listen to underwriter Fritz, with a National Fannie Mae DUS lender, discuss what's important in getting a NON RECOURSE Fannie Mae loan. If you are thinking of doing a future apartment syndicatio...

Episode 23 - Jacob and Arleen Garza from 2015-10-18T22:21:05

Listen to Jacob and Arlene Garza on how they went from ZERO to owning hundreds of apartment units in Texas. They transitioned from working for someone else to working for themselves and their in...

Episode 22 - Texas Real Estate Attorney Dick Ruschman from 2015-10-11T22:31:59

Dick shares his insight on commercial real estate contracts and what buyers and sellers must know. Make sure you take notes.

Episode 21 - Non-Recourse Bridge Lending from 2015-10-03T16:14:41

What? Yes...it is possible. Listen to Jonathan, the underwriter with one of our large regional banks, explain how to qualify for a Non-Recourse Bridge Loan. Great Interview.

Episode 20 - Sven and Angel from 2015-09-27T00:00

Sven and Angel are partners on 38 unit Hacienda Serena. Listen how co-ownership and self management works for them. Their loan also had 3 years interest only. Wow!

Episode 19 - James Eng from 2015-09-19T22:30:53

James Eng with Old Capital will explain how a CMBS loan works. Listen to his 12 years of underwriting experience on this NON RECOURSE permanent loan option for apartments, office & retail. Fasci...

Episode 18 - Ryan Heddleston&Cathy Finn from 2015-09-06T00:08:19

Ryan Heddleston & Cathy Finn are experienced 3rd party property managers, share what it takes to manage ...

Episode 17 - John Mix from 2015-05-17T23:59:30

John Mix is a passive investor in several apartment syndications. John shares what he looks for when he'...

Episode 16 - Mike Ochstein from 2015-05-10T20:39:25

Michael Ochstein, a season Apartment owner operator, shares his story on how he's owned as many as 7,500...

Episode 15 - Charles Ho from 2015-04-26T10:33:16

Charles Ho shares how he's acquired both Listen

Episode 14 - Cornell and Vivian Williams from 2015-04-18T21:58:41

Cornell and Vivian Williams share their experiences in acquiring and self managing apartment complexes.

Episode 13 - Will Crozier from 2015-04-10T23:22:42

Will Crozier share his tremendous success in the multifamily business over the past four years.

Episode 12 - Joe Joy from 2015-04-03T01:01:36

Joe Joy shares how he purchased a 74 unit apartment complex on his first deal 

Episode 11 - Fannie Mae Underwriter Tony from 2015-03-03T00:33:54

An interview with Tony, a Fannie Mae Underwriter with 30 years of experience. In this interview, you will hear an insider's view on what it takes to get a Fannie Mae loan approved.

Episode 10 - Jakob Andersen and Richard Furr from 2015-02-08T01:44:24

In this interview you will hear from two experienced Multifamily brokers who discuss the current state o...

Episode 9 - Dustin Miles from 2015-01-14T21:47:02

Dustin shares how he got started as a passive investor in his first apartment...

Episode 8 - Brad Sumrok from 2014-12-21T02:35:28

Brad shares how he got started his investing career by investing in a 32 unit...

Episode 7 - Andrew Patton from 2014-12-03T22:50:16

Andrew shares how he got started as a single family investor and transitioned...

Episode 6 - Jason Sharpe from 2014-11-24T21:30:24

Jason discussed how he was able to locate and purchase his first apartment complex in Carrollton Texas.<...

Episode 5 - Rupa Keskar from 2014-11-17T14:34:27

Rupa shares how she got started as a passive investor in her first apartment complex and now has transit...

Episode 4 - Kenny Wolfe from 2014-11-10T23:18:02

Kenny shares his experiences owing 1,200 Apartment units. He discusses how he got started and the succes...

Episode 3 - Kim Radaker from 2014-11-01T01:25:36

Kim shares her experiences with purchasing, rehabbing, managing and selling M...

Episode 2 - Nick Fluellen from 2014-10-22T22:08:46

Nick shares his experiences as both a highly successful broker and owner of M...

Episode 1 - Mac Lawson from 2014-10-07T08:17:31

Mac Lawson shares with us how he was able to quit his job in the financial services business soon after ...