ASK MIKE MONDAYS - Michael, tell me about a RECENT SUCCESS S...

oldcapitalpodcast oldcapitalpodcast | 5 years ago

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 stream. Can you do that?

ASK MIKE MONDAYS - NOT A DUMB QUESTION - Tell me the benefits of owning apartments

oldcapitalpodcast oldcapitalpodcast | 5 years ago

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- apartments. Michael breakdowns the different types and challenges of commercial real estate; office, retail, industrial & land and explains why apartments are the best property type to own.

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, insurance is a huge annual cost; any solutions to help me?

oldcapitalpodcast oldcapitalpodcast | 1 year ago

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 premiums. When buying a property, don’t use the seller’s annual premium on costs on the PROFIT & LOSS. It could be off my several thousands of dollars. Make sure you get a updated & realistic insurance quote. BONUS QUESTION: Self-Management versus third party property management; what is better? Are you interested in learning more a...

ASK MIKE MONDAYS - Michael, What is a LURA?

oldcapitalpodcast oldcapitalpodcast | 5 years ago

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 restrict the amount of rent you can charge a tenant, based on the tenant’s income. If you rehab a property and are expecting to increase rents to justify the cost…a LURA may prevent you from being able to raise rents in the future. Make sure you ask the seller’s agent if the property has a LURA.

ASK MIKE MONDAYS - Michael, how are things going on your MOST RECENT apartment sale?

oldcapitalpodcast oldcapitalpodcast | 5 years ago

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

ASK MIKE MONDAYS - Tell me the 5 different ways that OWNING REAL ESTATE HELPS YOU

oldcapitalpodcast oldcapitalpodcast | 5 years ago

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 80% leverage on apartment financing is available, tax advantages with depreciation, you own a hard asset that historically tracks with inflation.

Tell Your Own Success Story with Jennifer Gluckow

jakeandgino jakeandgino | 4 years ago

Jennifer Gluckow has northeastern smarts and New York City savvy – a rare combination that has her positioned as the next big thing in sales. Okay, she’s not ALL New York. She’s traveled the world, educated in the Midwest at The Olin School of Business at Washington University in St. Louis, and spoken to audiences from coast to coast. Jennifer’s a speaker, trainer, writer, blogger, Facebooker, Instagrammer, Tweeter, Podcaster, and YouTuber. She is online and on the money. Her trademarke...

ASK MIKE MONDAYS - Can you give me a description on how NOI is calculated?

oldcapitalpodcast oldcapitalpodcast | 6 years ago

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 on the operating statements and tells you what you need to look for.

ASK MIKE MONDAYS - Michael, What do you think about sponsors offering a PREFERRED RATE OF RETURN to ...

oldcapitalpodcast oldcapitalpodcast | 5 years ago

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.