Scaling to 8,000 Units With Investors with Michael Becker

Passive Wealth Strategy Show - Real Estate for Busy Pros

Michael Becker of SPI Advisory joins us to talk about raising money from investors and scaling his real estate business to 5,000 units currently under management. Michael started investing in real estate just after the Great Recession and has killed it in the DFW and Austin areas. He joins us to teach us how to raise capital from investors, the secrets to closing big deals in competitive markets, and other knowledge he has picked up along the way.

Quotes:

"We strive to get our unfair share deals. Whether that's off-market stuff, or whether I'm working a deal, we're going to get an off market deal I want to get the first phone call."

Get in touch:

www.spiadvisory.com

https://www.oldcapitalpodcast.com/

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Guest Bio:

Michael Becker is a Principal at SPI Advisory LLC and heads SPI’s Dallas, Texas office. SPI Advisory specializes in repositioning multi-family assets. Through professional asset management and a high level of integrity, SPI Advisory increases the value of properties while improving quality of life for its residents. SPI Advisory derives stakeholder value through hands on asset management and construction oversight. Our exclusive multi-family focus enables better pricing of value and risk to identify projects with superior risk-adjusted returns. Prior to forming SPI Advisory, Michael was 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. Over the last 5 years of his banking tenure, Michael focused exclusively on multi-family properties, where he was the number one loan producer for his division at a Top 3 National lender for his last 3 consecutive years. Michael is a lifelong resident of North Texas and a graduate of The University of North Texas with a BBA in Finance. Under Michael's leadership, over the past 6 years SPI Advisory has acquired approximately 8,000 units in the DFW & Austin markets.