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

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 United States Internal Revenue Code, a taxpayer may defer the recognition of capital gains and related federal income tax liability on the exchange of certain types of property, a process known as a 1031 exchange…BUT what happens if a new American President decides to REPEAL this part of the code. What happens to investors that have used 1031 exchanges for the last 100 years to purchase and rehab real estate? Is it a loop hole that tax payers have used to defer capital gain taxes? Is it a preferential treatment for the “wealthy”? Arguments against the 1031 exchange tend to emphasize the continually worsening financial condition of the federal government, or they highlight the evolution of 1031 away from its alleged true purpose. Under Section 1031, taxpayers can defer capital gain taxes for as long as they hold their property. This can result in the

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 successful single family construction company for high end homes. He was building 25-30 homes a year. They achieved tremendous success…but Tim wanted more. He wanted to know about the numbers; the financials. He wanted to better understand the profit and loss. He went back to school and earned his MBA. That’s where he saw the light or better…the numbers. He quickly realized that owning commercial real estate made sense and could be the path for increasing their net worth. So…he guided his family into buying apartments. Tim has done an excellent job in acquiring, rehabbing and stabilizing multifamily properties. Listen to his path for success. To contact Tim Bates: Tim.Bates@worthcre.net Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spi

Well….you need to find deals and find money! Building relationships with brokers, equity investors, contract attorneys, lenders, physical engineers, & SEC attorney should be your first course of action. Some folks may use LOOPNET to find their first deal and that is OK, but most SERIOUS BUYERS contact listing agents in the market. Don’t be a jerk…this is a small business and word will get around. Sound advice in any business. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and is now a large “owner- of commercial real estate.” Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

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? Could you do it? How do you get started? What should you do first; raise the equity? get a builder? find and purchase the land? What do you need to know? Who needs to be on your team? What type of prior ownership experience do you need? How long will it take? Do you apply for a Bank or a FHA construction loan? So much information… that we broke it up into 2 podcasts. Lane & Michael teamed up to form Pilot Legacy Properties. Listen to how they assembled a group of professionals to build a large apartment building in an opportunity zone. Fritz Waldvogel with Colliers Mortgage explains what is important when qualifying for a loan. To contact Michael or Lane: pilot-legacy.com Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

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? Could you do it? How do you get started? What should you do first; raise the equity? get a builder? find and purchase the land? What do you need to know? Who needs to be on your team? What type of prior ownership experience do you need? How long will it take? Do you apply for a Bank or a FHA construction loan? So much information… that we broke it up into 2 podcasts. Lane & Michael teamed up to form Pilot Legacy Properties. Listen to how they assembled a group of professionals to build a large apartment building in an opportunity zone. Fritz Waldvogel with Colliers Mortgage explains what is important when qualifying for a loan. To contact Michael or Lane: pilot-legacy.com Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisor

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 Becker discuss the ‘state of the market’ and where interest rates are now and forecast their future direction. This is a timely conversation if you are looking to purchase and finance a large commercial property in the future. The entire world is searching for ‘yield’- a rate of return on their money…and having troubles trying to find it. So far… the only real benefit… through this pandemic to real estate…has been a discount on interest rates. Is it time to take advantage? To contact JP Conklin: Pensford.com Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.

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…..OR should you pursue investors that need monthly cash flow today to supplement the lowering of their returns on fixed income? What say you? Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and now a “owner- of commercial real estate.” Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and now a “owner- of commercial real estate.” Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

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 takes chances over several cycles. He has done it right and shares his ownership stories. How do you buy and manage thousands of apartment units, keep your personal financial statement clean, raise equity from hundreds of happy investors, never have a foreclosure, put lower loan leverage on the asset and then keep relevant in the apartment business? Listen to this discussion. Michael Ochstein, has seen a “financial crisis or two” over his career and gives his opinion on what is happening now with coronavirus and the impact on rental collections and low interest rates. To contact Michael Ochstein: info@pricerealtycorp.com Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more abou

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 20 years he worked his semi-conductor job and bought lots real estate. In 2009, his tech company offered him a buy out…he jumped out…and jumped into…a full-time real estate investor career. How do you go from buying single family homes to buying large apartment buildings? Mike shares his story on how he purchased several large apartment buildings with fellow investors. He gives you a road map on how he purchased, manages, and raises capital for his next opportunity. Could you do this? To contact Mike Spotts: MSpotts@greystoneprop.com To contact Ricardo Hinojosa: RHinojosa@oldcapitallending.com Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real E

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 of the transaction. Michael gives you the insight on what is happening today in apartment investing. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and now a “owner- of commercial real estate.” Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

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 unemployment benefits coming at the end of July. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and now a “owner- of commercial real estate.” Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

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 business partner and longtime friend, Michael Roeder is a little more conservative…well…a lot more conservative (I think he still wears a tie.) These two buddies came together to create a business relationship that provides housing for hundreds through apartment syndication. Michael and Dan give us their background on how they started with single family homes and then transitioned into multifamily. They now own and oversee hundreds of apartment units in several states. The guys also talk about the benefits of hiring and using a mentor in purchasing apartments . To contact Dan & Mike: granitetowersequitygroup.com To contact John Brickson: JBrickson@oldcapitallending.com Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.co

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? Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and now a “owner- of commercial real estate.” Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

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, Class B and C apartments. NOW, he is building 5500 ground up construction Luxury Apartments. How do you do that? Total Rockstar. Also, listen to RealPage's Greg Willett and CoStar's Paul Hendershot focus on the market trends Nationwide and in Texas. Worth the time investment to be inspired. In this video, John answers questions about: 1) How he transitioned from attorney to Real Estate Investor 2) Starting in 2005 with one 100+ unit DFW deal to 13,000 units today 3) Transition from 3rd party management to self-management during the 2008 recession 4) Raising equity from friends/family to Private Equity 5) Transition from Class B/C to Class A Development 6) Forecasts on interest rates 7) New fund creation 8) Advice for multifamily investors Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast. Are you interested in learning mo

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 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and now a “owner- of commercial real estate.” Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

James “The Professor” Eng gives you straightforward information on what is happening with investing and financing for May 2020. His discussions include: 1) Financing your first deal 2) Case Study of forming your sponsorship group 3) May rent collection vs. Mar/April 4) FNMA/Freddie Mac/CMBS default data 5) Overview of why deals go on Watchlist and Special Servicing 6) FNMA/Freddie Mac Financing Update 7) Case study on How deals are still getting done Q&A This presentation is on YouTube: https://www.youtube.com/watch?v=rO3gRb4Qw_U&t=488s To contact James Eng: JEng@oldcapitallending.com Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.

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 landlords very nervous. Today, rental collections on many properties have been not been affected significantly. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a ‘loaner’ and now a “owner” of commercial real estate. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

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 before the coronavirus hit. These former single-family investors met at a national multifamily conference and decided to become partners in acquiring apartments. This journey took a few twists over a few months. The seller was in legal trouble, title company would not insure title, initial lender backed out, original property manager was too small for the acceptance of Freddie Mac, asbestos in the floor tiles, and, and, …and. Yikes!! Listen to how they overcame these obstacles and succeeded in closing. Oh, by the way…Then coronavirus hits the month after closing. Great story. To contact Gary VanBortel or John Bilinski: RocCapitalGroup.com To contact Julie Peterson: JPeterson@oldcapitallending.com Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast. Are you interested in learning more about how Multifamily Syndications work? Please

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 estate investing a few years ago. Bill discusses his first purchase and his last few acquisitions of apartments. He gives us insight on what mistakes he made and how he eventually recovered. Also, Bill gives useful knowledge on why he purchased properties in Georgia and South Carolina. To contact Bill Brancucci: wbrancucci@citadelgrp.com citadelamerica.com/ To contact John Brickson: JBrickson@oldcapitallending.com Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.