37 min listen
Episode 109 - Up to 43,000 Apartments may be OFFLINE in metro Houston. Is that an opportunity for investors?
FromOld Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
Episode 109 - Up to 43,000 Apartments may be OFFLINE in metro Houston. Is that an opportunity for investors?
FromOld Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
ratings:
Length:
35 minutes
Released:
Oct 20, 2017
Format:
Podcast episode
Description
Tom Wilkinson is the ‘dean’ of apartment sales in Houston, Texas. He has been in apartment brokerage for over 25 years. He sells over 10% of all the B & C apartments in Houston; with most being OFF MARKET. Tom discusses what impact that Hurricane Harvey has caused on apartment owners. How will this natural disaster effect current and future investors? How much higher will insurance premiums rise? What much higher will labor costs go up? Will you be able to get buildings materials? What’s the timing to bring these down apartments back online? Will there be opportunities for investors in the near future? Listen to what Tom discusses. Great article on impact of Hurricane on Houston apartments: https://www.realpage.com/mpf-research/many-as-43000-apartments-appear-off-line-metro-houston/ Contact Tom Wilkinson: twilk4@ketent.com www.ketent.com Contact Hans Box: HBox@oldcapitallending.com To receive our FREE 15 page WHITE PAPER REPORT on the 2017 FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about upcoming 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 about Michael's Real Estate Syndication business with SPI Advisory LLC.
Released:
Oct 20, 2017
Format:
Podcast episode
Titles in the series (100)
Episode 6 - Jason Sharpe: Jason discussed how he was able to locate and purchase his first apartment complex in Carrollton Texas. by Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles