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

Artificial Intelligence is beginning to enter commercial real estate—but we're still in the very early stages. Investors and lenders are just starting to explore how AI might help analyze deals, process enormous amounts of data, and evaluate risk more efficiently. In this special VideoCast of the Old Capital Podcast, we take a look at the infancy of AI in real estate underwriting and talk with two professionals who are already using it in the field. What can it do today—and where might it take the industry in the future? You must watch this Videocast. Videocast: https://vimeo.com/1173641080?share=copy&fl=sv&fe=ci To contact Tony Lin: [email protected] Join the March 27th Old Capital Bus Tour: OldCapitalPodcast.com Ready to unlock the potential of multifamily syndications? Learn how Michael Becker's proven real estate syndication strategies can help you grow wealth and build long-term financial success. Visit SPIADVISORY.COM to start your journey today.

Bryan Amos from Omni Group joins the Old Capital Real Estate Investing Podcast to discuss the growing importance of physical due diligence in multifamily investing. Apartment investing can sometimes feel like buying a melting ice cube—it must be properly maintained to retain value. For the past 15 years, the standard strategy was simple: buy a value-add property, invest in renovations, and raise rents. But today, with property values declining and transactions slowing, many apartments are not being updated or maintained, creating serious challenges for buyers. Bryan shares insights from his experience as an engineer and commercial general contractor, explaining how thorough inspections and accurate property condition assessments help investors: • Identify deferred maintenance • Accurately estimate capital expenditures • Avoid costly surprises Join the March 27th Old Capital Bus Tour: OldCapitalPodcast.com Contact Bryan Amos: [email protected] Ready to unlock the potential of multifamily syndications? Learn how Michael Becker's proven real estate syndication strategies can help you grow wealth and build long-term financial success. Visit SPIADVISORY.COM to start your journey today.

The 2026 National Multifamily Conference was completed last week. The purpose of this meeting is to connect with over 10,000 apartment developers, investors, finance professionals, and investment sales brokers to discuss trends and the investment outlook for apartments in 2026. It kicks off the apartment buying/selling season nationwide. A consistent theme emerged throughout the conference…perhaps we have hit the bottom on values, as many sellers have capitulated and decided to sell or throw the towel in. This creates an opportunity for apartment buyers to take advantage of the now lower rates and lower prices. The one concern is rental growth…it is expected to grow in the future…but not immediately, not until we burn through the increased apartment inventory. Listen to this update to the market between Michael Becker, James Eng and Paul Peebles To join the March Old Capital Bus Tour: OldCapitalPodcast.com Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker's proven real estate syndication business can open doors to financial growth and long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!

Michael Becker of SPI Advisory discusses the state of the Texas multifamily market as 2025 comes to a close. Michael explores key trends, including rent growth challenges, operational hurdles, and the impact of immigration policies on workforce housing. Also, Michael shares insights on SPI's recent acquisitions, financing strategies, and the importance of certainty with deal execution. Looking ahead to 2026, he predicts market recovery, with rent growth and value stabilization driven by reduced supply and Texas' strong economic growth. Listeners can also learn about the upcoming Old Capital Bus Tour and how to connect with SPI Advisory for investment opportunities. To join the January 16th Old Capital Bus Tour: OldCapitalPodcast.com Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker's proven real estate syndication business can open doors to financial growth and long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!

In this episode of the Old Capital Podcast, the team discusses key multifamily market trends that shaped 2025, including increased foreclosures, loan modifications, and tighter equity conditions. They explain why Class A properties and agency financing through Fannie Mae and Freddie Mac are dominating transactions, while Class B and C assets face growing challenges from leasing concessions and capital constraints. The conversation also emphasizes the importance of strong operators, proper capitalization, and preparing for longer 5–7 year hold periods. Plus, learn about the upcoming Old Capital Bus Tour in Dallas and how investors can get registered. To join the January 16th Old Capital Bus Tour: OldCapitalPodcast.com Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker's proven real estate syndication business can open doors to financial growth and long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!

When it comes to building your personal wealth, that couldn't be more true. But here's the real problem: taxes. You could be spending months out of every year just working to pay the IRS. So how can you legally reduce your tax bill? That's where today's guests come in — Amanda Han and Matt MacFarland. They're real estate investors and tax strategists who specialize in helping people keep more of what they earn. Most CPAs are great at filling out forms and filing returns, but they're not necessarily proactive about tax planning. Amanda and Matt explain why you need a tax specialist — someone who understands how to use real estate and smart planning to legally lower your taxes. In this episode, they'll share practical ideas, real-world examples, and strategies you can use to start saving on taxes right now. To contact: http://KeystoneCPA.com or IG Amanda_Han_CPA Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker's proven real estate syndication business can open doors to financial growth and long-term success. Visit http://SPIADVISORY.COM today and start your journey toward smarter investing!

Eric Hardy, a former Silicon Valley professional turned successful multifamily real estate investor, shares his inspiring journey from selling semiconductors to building a thriving real estate portfolio. (Even in this crazy market) He discusses how he transitioned from passive investing to active ownership, emphasizing the importance of taking a measured approach, starting small, and focusing on cash flow and tax advantages. He shares insights into his partnership with JC Castillo and their success in new construction projects and workforce housing. To connect with Eric Hardy: [email protected] Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker's proven real estate syndication business can open doors to financial growth and long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!

In this episode of the Old Capital Real Estate Investing Podcast, Paul Peebles and Michael Becker dive into the evolving Central Texas real estate market with guest Matt Michelson, Executive Managing Director at Newmark. They discuss the growth along the I-35 corridor, the challenges posed by apartment oversupply in Austin and San Antonio, and the opportunities for investors in emerging submarkets like Kyle, New Braunfels, and Seguin. Despite current market softness, the trio highlights why now is a great time to invest in multifamily properties, emphasizing the long-term potential for value growth and rental demand in the region. To contact Matt Michelson: [email protected] Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker's proven real estate syndication business can open doors to financial growth and long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!

In this episode, Paul Peebles and James Eng recap the 9th Annual Old Capital Real Estate Investing Conference, highlighting key moments like market insights, engaging panels, networking opportunities, and a keynote from NBA legend Jason Kidd. With over 350 attendees, the event featured unique venues, discussions on multifamily trends, and innovative activities like the "Deal or No Deal" game. The conference emphasized the importance of building relationships, with a pre-conference happy hour and opportunities to connect with industry leaders. Attendees left with renewed passion for the business. Tune in for a behind-the-scenes look at one of the largest apartment investing conferences in the U.S. and a preview of what's to come next year! Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker's proven real estate syndication business can open doors to financial growth and long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!

Netflix recently covered Jerry Jones's acquisition of the Dallas Cowboys and their rise to become the world's most valuable sports franchise. Jones didn't buy a team that was immediately winning. With patience and the money to build a better product- (better players) he transformed the Cowboys into becoming Super Bowl Champions within a few years. He was a value-added buyer. Just as Jones invested time and resources to turn the Cowboys into champions, Becker applies a similar strategy in real estate by patiently improving older properties to maximize their future value. Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker's proven real estate syndication business can open doors to financial growth and long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!

Four Asian Trailblazing investors share their journey into commercial real estate, their recent acquisition of an 82-unit Class A property in Richardson, Texas, and the unique challenges and triumphs they've faced as women in a traditionally male-dominated industry. Team Roles and Superpowers: - Lila Kaplan: Capital raising + acquisitions, leveraging a Wall Street background. - Anita Wong: Operations + capital raising, balancing motherhood and multifamily. - Linchi Chong: Asset management and on-the-ground operations, bringing restaurant management experience and Spanish fluency to the table. – Ashley Cao: Lender of choice, making sure the right loan is in place and the official team cheerleader. From navigating pregnancy while managing properties to closing million-dollar acquisitions, these women are proving that you don't have to choose between family and financial freedom. "We're doing this not only for ourselves but for the rest of our family as well." – Lila Kaplan To contact Ashley Cao: [email protected] To contact Linchi Chong: [email protected] To contact Lila Kaplan: [email protected] To contact Anita Wong: [email protected] To contact Tony Lin at Linfinity: [email protected] Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker's proven real estate syndication business can open doors to financial growth and your long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!

n this eye-opening episode, we dive deep into a rarely discussed yet critical issue in commercial real estate: conflicts of interest when investment sales brokers push buyers toward in-house mortgage brokers. What may seem like a convenient "one-stop shop" can, in reality, disadvantage the buyer — sometimes significantly. Using a poker analogy, we paint a vivid picture: what if the seller and broker knew your hand? That's essentially what happens when the sales and financing sides are too cozy — split loyalties, hidden fees, and lost leverage for buyers. This episode is a masterclass in buyer awareness. Paul Peebles doesn't just point out the problems—he offers real-world strategies to protect yourself. His comparison to poker isn't just clever, it's chillingly accurate. In commercial real estate, where millions are at stake, understanding who's really on your team can make or break a deal. Conflicts of Interest Are Real Many investment sales brokers recommend their own firm's mortgage team. This can result in referral fees and biased advice that puts the buyer at a disadvantage. Ask the Hard Questions Transparency is key. Buyers should directly ask brokers: • "Are you getting paid to refer me?" • "Do you have any financial stake in this lender relationship?" Use an Independent Team Securing the best deal often requires working with independent mortgage brokers, attorneys, and advisors who have your interests—not the seller's—at heart. Think Long Term Your relationship with your lender doesn't end at closing. Choose partners who will support you throughout the life of the loan—not just get the deal done. Know the Law (and the Loopholes) While these referral practices are illegal in residential real estate under RESPA, there's no such restriction in commercial deals. That makes buyer vigilance even more important. One standout message: Don't be afraid to stand your ground. Most brokers will respect your decision to bring your own financing team—if they don't, that's a red flag in itself. Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker's proven real estate syndication business can open doors to financial growth and your long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!

In this episode of our Coaching and Counseling podcast, we dive into the murky waters of apartment investment sales with the help of ChatGPT and over 30 years of real-world experience in apartment financing and ownership. We asked ChatGPT to help uncover the truth behind common rumors about how apartment sales brokers treat buyers. Are brokers really overinflating property values? Do they hide conflicts of interest? Misrepresent operating expenses? Gatekeep quality opportunities? Together with insights from AI and our seasoned team, we break down the top 10 shady tactics sometimes used in the industry—and give you the real story behind each one. Whether you're a first-time buyer or a seasoned investor, this episode will help you approach apartment deals with sharper eyes and better questions. Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker's proven real estate syndication business can open doors to financial growth and your long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!

Michael Ware, with Institutional Property Advisors in Dallas, shares critical information in making smart apartment investing decisions. Michael believes that Dallas-Fort Worth (DFW) remains a top-performing multifamily market due to strong population and job growth. DFW multifamily trade volume has rebounded from $5 billion in 2023 to an expected $8–10 billion in 2024, to even higher in 2025 thus signaling recovery. Institutional capital is re-entering the market, focusing on Class A properties. Some of the challenges he saw were operational headwinds including oversupply, elevated concessions, and difficulties raising equity for deals over $10 million and workforce housing facing higher delinquency rates and vacancy issues, compounded by tenant-friendly eviction policies. Today, opportunities for institutional buyers are with Class A properties in prime locations, while B and C properties are offering better yields for private investors. Rent growth is expected to accelerate in 2025–2026 due to undersupply and affordability challenges in single-family housing. He offered advice to buyers: Smaller operators should focus on organization, transparency, and demonstrating financial readiness to compete with larger institutions, and well-located 1980s workforce housing offers strong potential for yield and long-term growth. To contact Michael Ware at IPA: [email protected] Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker's proven real estate syndication business can open doors to financial growth and your long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!

John Griggs shares his journey from practicing law to building Presidium, a company that has developed and managed over 20,000 apartment units. John transitioned from law to real estate in 2003, starting with small apartment buildings in Phoenix. He co-founded Presidium in 2005, expanding into Texas and other states, focusing on value-add and development projects. John comments on 1) Multifamily values have dropped 20-40%, presenting buying opportunities below replacement costs, 2) Equity investors are demanding higher returns, making underwriting more challenging, and 3) Development projects face hurdles like local politics, affordability requirements, and rising costs. John shares a couple of important lessons learned during this last cycle. To contact John Griggs: PresidiumRE.com and DeloacheCapital.com Don't forget Tres Colline Vineyards: trescolline.com Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker's proven real estate syndication business can open doors to financial growth and your long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!

Paul Peebles and James Eng dive deep into the shifting landscape of multifamily real estate investing. From Old Capital's educational bus tours across DFW submarkets to critical updates on distressed assets and stricter underwriting from Fannie Mae and Freddie Mac, this conversation is packed with insight for both seasoned operators and aspiring investors. Learn why fewer deals are closing, how lenders are adjusting, and what steps you can take now to build credibility, raise capital, and find success in today's competitive market. Don't miss key tips on navigating loan options, attending the Old Capital Conference, and why due diligence has never been more important. Are you ready to unlock the potential of Multifamily Syndications? Discover how Michael Becker's proven real estate syndication business can open doors to financial growth and your long-term success. Visit SPIADVISORY.COM today and start your journey toward smarter investing!