47 min listen
Episode 180 - Two TOP producing APARTMENT REALTORS give you insights on how to win a deal
FromOld Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
Episode 180 - Two TOP producing APARTMENT REALTORS give you insights on how to win a deal
FromOld Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
ratings:
Length:
41 minutes
Released:
May 3, 2019
Format:
Podcast episode
Description
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 Add apartment market in Dallas. He breaks the sources of capital into two categories: 1) purchases UNDER-$25 million 2) OVER- $25 million. Will tells us that there is more activity and more capital available for smaller transactions under $25 million today. The space above $25 million is usually institutional investors and that segment is a little thin with less activity. Michael discusses the oversupply of BRAND NEW- A CLASS apartments this year, but construction permits have dropped and we will see a reduction of new supply in the next few years. This means current rental concessions will fall in the next 18 months. If you have never bought an apartment building or you are new to the market, Will & Michael gives us several tips on how to get recognized by a top producing brokers selling a deal. Also, Michael gives us his perception of where CAP RATES are at for CLASS- A, B & C apartment properties in Dallas. You will chuckle at his answer. To contact William Jarnagin: Will.Jarnagin@berkadia.com To contact Michael Ware: Michael.Ware@berkadia.com To receive our FREE page WHITE PAPER REPORT on the (updated) 2019 FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about upcoming educational events at Old Capital Speaker Series please visit us at OldCapitalPodcast.com 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.
Released:
May 3, 2019
Format:
Podcast episode
Titles in the series (100)
Episode 3 - Kim Radaker: Kim shares her experiences with purchasing, rehabbing, managing and selling Multifamily properties. She talks about how she has successfully started a complementary business which started to fill a need she had to help rehab her own projects. by Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles