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Episode 224 - Tim Bates, SHOWS US, how he has created wealth for his investors through buying small multifamily

Episode 224 - Tim Bates, SHOWS US, how he has created wealth for his investors through buying small multifamily

FromOld Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles


Episode 224 - Tim Bates, SHOWS US, how he has created wealth for his investors through buying small multifamily

FromOld Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles

ratings:
Length:
50 minutes
Released:
Sep 12, 2020
Format:
Podcast episode

Description

Tim Bates has always wanted more. He first earned his mechanical engineer degree..and then he and his brother wanted to build homes. They opened up a very successful single family construction company for high end homes. He was building 25-30 homes a year. They achieved tremendous success…but Tim wanted more. He wanted to know about the numbers; the financials. He wanted to better understand the profit and loss. He went back to school and earned his MBA. That’s where he saw the light or better…the numbers. He quickly realized that owning commercial real estate made sense and could be the path for increasing their net worth. So…he guided his family into buying apartments. Tim has done an excellent job in acquiring, rehabbing and stabilizing multifamily properties. Listen to his path for success. To contact Tim Bates: Tim.Bates@worthcre.net Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast. 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:
Sep 12, 2020
Format:
Podcast episode

Titles in the series (100)

The Old Capital Real Estate Investing Podcast is aimed at Multifamily Real Estate Investors both new and seasoned. Hosts Michael Becker and Paul Peebles deliver no-hype education from an experienced commercial banker’s perspective. You will gain valuable insights from in-depth interviews with real life investors who are actively acquiring and operating apartment complexes in today’s environment. You will discover how they are identifying, financing and operating multifamily properties, as well as helpful advice on how to get started and avoid common mistakes. Be sure to subscribe today, as there is a new episode released weekly. On our show we’ll feature industry experts and discuss topics such as: • Syndication • Private Placements • Commercial Real Estate Investing • Apartment operation and renovations • Creating Passive Income • 1031 exchanges • Commercial Real Estate Lending • Fannie Mae Financing • Freddie Mac Financing • CMBS Loans • How to buy your first commercial property • Property Tax Protesting • How to get Started with your first Multifamily acquisition • Saving money on Taxes • Multifamily Mentor • Rich Dad Robert Kiyosaki Visit us at www.oldcapitalpodcast.com or www.oldcapitallending.com