Want to know the strategies for real estate success? In today’s episode, we’re going to dive into them! Michael Becker is a Principal in SPI Advisory LLC at the SPI Dallas, Texas Office where he oversees all aspects of property operations including asset management, property management oversight, accounting and taxation, capital improvement and renovation projects, and investor relations. Michael is a 15-year veteran commercial real estate banker and has originated and managed numerous portfolios of permanent and bridge loans in all major asset classes.
[00:01] – [06:07] Opening Segment
- Let’s get to know today’s guest, Michael Becker
- Michael shares his experience as a commercial real estate lender
- Michael talks about multifamily investment
[06:08] – [15:57] 12,000 Units in 8 Years and a $30M Lesson
- Michael talks about the current market in Texas
- Allocating Money to Multifamily
- Strategic Ways to Compete in Real Estate
- It’s Not a Complete Seller’s Market
- Michael talks about supply and demand
[15:58] – [21:26] Getting Out of the Rabbit Hole
- Michael’s Secret to Success
- How to Get Out of the Rabbit Hole
- Michael shares a regretful experience
- Match your maturity and match your loans
[21:27] – [25:22] Final Four Segment
- Michael’s advice to aspiring investors
- “Get real with where you sit.”
- How Michael stays on top of his game
- Be self-aware; Talking with people, looking for other perspectives
- Michael’s way to make the world a better place
- Rental Assistance Program
- Reach out to our guest – see links below
- Final words
Tweetable Quotes
“It’s great when you own a bunch of stuff, but it’s a freaking knife fight out there trying to make anything make sense.” – Michael Becker
“I always know where my north compass is. I always focus on the main thing.” – Michael Becker
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Connect with Michael Becker through: mbecker@spiadvisory.com and LinkedIn. Check out https://www.spiadvisory.com/ and Old Capital Podcasts and learn the secrets to success in real estate.
Connect with me:
I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.
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Email me → sam@brickeninvestmentgroup.com
