ASK MIKE MONDAYS - Should we ask the seller for bank stateme...

oldcapitalpodcast oldcapitalpodcast | 6 years ago

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 of this ‘wish-list’ at the OldCapitalPodcast.com website.

ASK MIKE MONDAYS - What should I be aware of when applying for BANK financing?

oldcapitalpodcast oldcapitalpodcast | 6 years ago

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 repositioned Not all Lenders like non-recourse loans; most will not even offer non-recourse loans Not all Lenders will like the part of town that you want to invest in. Not all Lenders will give you maximum leverage to acquire and rehab with your loan Not all Lenders will amortize apartment loans greater than 15 years Y...

ASK MIKE MONDAYS: “Mike, what POSITIVE things are you seeing today in APARTMENTLAND?”

Nationwide Commercial Real Est... Nationwide Commercia... | 1 year ago

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 there? What are some of the positive ideas that are occurring in apartment investing? Mike is starting to see some positive “green shoots.” Mike discusses some of those encouraging thoughts on what he is seeing in apartment investing. Listen to the guy that has acquired over 14,000 apartment units. Ar...

ASK MIKE MONDAYS: Michael, I am buying an apartment building, what due diligence items should the se...

oldcapitalpodcast oldcapitalpodcast | 4 years ago

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 produce before your earnest money is at risk. Make sure you download Michael’s “DUE DILIGENCE CHECKLIST” at the Old Capital Podcast website at OldCapitalPodcast.com. This CHECKLIST gives you the best breakdown of items you need to review.

Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles: ASK MIKE MONDAYS: “S...

Nationwide Commercial Real Est... Nationwide Commercia... | 1 year ago

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 that the fundamentals of apartment ownership are still very strong. Great occupancy and good rental growth are still being observed with apartments… but the head winds within the capital markets- through higher interest rates and lower loan leverage- have made a few potential apartment buyers uneasy. M...

ASK MIKE MONDAYS - “Michael, should we still invest in apartments in 2022?”

oldcapitalpodcast oldcapitalpodcast | 1 year ago

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. Are rents going down? Are cap rates rising? Do you think interest rates are going up and what type of impact will that have on your apartment investments? Listen to the guy that bought over 10,000 apartment units. Are you interested in learning more about how Multifamily Syndications work? Please visit ww...

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

oldcapitalpodcast oldcapitalpodcast | 3 years ago

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

ASK MIKE MONDAYS - When you ask “for the money” from your investors, what is important for your ...

oldcapitalpodcast oldcapitalpodcast | 6 years ago

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 get their money back; B) What is the timeline going to be. Also, make sure that your debt lines up with a similar maturity as your investment strategy. Originating a new short term loan on a long term investment strategy is probably not going to work. Make sure that you contact a qualified attorney that c...

Ask the Seller: 162 Point Road, Marion - Landvest Blog

landvest landvest | 1 year ago

Have you ever wondered what it would be like to live in one of LandVest’s properties? We invite our owners to tell us a bit about their experience, what they love about their homes, and a bit of their history. Here is what the owners of 162 Point Road in Marion, MA told us about their property, how they came to own it, and what they love about living here. How we came to call 162 Point Road “home” My siblings and I inherited the property from our parents. After looking in Marion for ma...

Ask the Seller: Brooklin House - Landvest Blog

landvest landvest | 1 year ago

Have you ever wondered what it would be like to live in one of LandVest’s properties? We invite our owners to tell us a bit about their experience, what they love about their homes, and a bit of their history. In part 1 of this three-part blog, the owner of Brooklin House explains why it is “a slice of heaven.” What are some of your favorite aspects of the house and property? Where do I begin?! Brooklin House is a slice of heaven. With uninterrupted and breath-taking views, the proximity t...