Ensure Property Condition: Ask Mike Mondays

ASK MIKE MONDAYS - How do make sure the seller DELIVERS the property in the condition that you origi...

oldcapitalpodcast oldcapitalpodcast | 6 years ago

 Michael discusses what you should do to protect yourself right BEFORE you sign your loan documents and close on an apartment building.

ASK MIKE MONDAYS - How do you select a property manager and when in the process do you engage a prop...

oldcapitalpodcast oldcapitalpodcast | 6 years ago

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

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

oldcapitalpodcast oldcapitalpodcast | 4 years ago

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

ASK MIKE MONDAYS - What is the State of the Market?

oldcapitalpodcast oldcapitalpodcast | 6 years ago

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 flatting on the cap rates. Coming out of the 2008 recession the A’s recovered first and then the B’s and C’s followed. The cap rates between the different property types have compressed tremendously. Mike gives his insight on why his group is focusing on the “top of the work force housing” space.

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...

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 this final blog of our three-part series, the owner tells us how her journey to find Brooklin House and the changes she made to it also helped restore her “sense of creativity and self.“ Tell us about the property’s special features. Initially, what drew me into Brooklin House ...

ASK MIKE MONDAYS - Can you talk about the various levels of property management?

oldcapitalpodcast oldcapitalpodcast | 6 years ago

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 onsite and overseeing management. If you don’t hire a third party contractor to handle these specific jobs, then you are the management company and have to perform all those functions.

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: The Journey to 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 the previous blog of this three-part series, the owner explored her favorite things at Brooklin House. Here, we’ll explore the history of the house and learn how the secrets of nature influenced the home’s design. Tell us about the history of the house Little is known about the p...

ASK MIKE MONDAYS - LISTEN to the TOP BROKERS in DFW (2)

oldcapitalpodcast oldcapitalpodcast | 6 years ago

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-Fort Worth. Wow! We have them all together. You will get an inside perspective on how apartment transactions are done in north Texas. Listen to questions and answers from the audience.