The world has changed over the past 2 years. When the COVID pandemic hit, people shifted from working in large office spaces into working from home, fully-remote. This has led to distortion in the real estate market as a whole. Most office spaces are left unoccupied thereby effectively reducing revenue. Limited Partners are left with a clear reason to focus on investing in housing which provides the space needed for working and living at the same time.
🌐Read the FULL PODCAST SUMMARY HERE: https://bit.ly/3Bh2Fgl
In today’s podcast episode we interview Michael Becker, Principal at SPI (Strategic Property Investment) Advisory, LLC. Today’s topics are focused on what excites Michael about the Texas real estate market, finding opportunities in workforce housing spaces, the biggest mistakes a Limited Partner can make and how to avoid it, and Michael’s advice for Limited Partners.
📖 CHAPTERS:
0:00 - Intro
0:52 - A Quick Guest Background: Who is Michael Becker?
3:05 - What Excites Michael About the Texas Real Estate Market
5:17 - The Effects of Steepening SOFR Curves in the Real Estate Business
09:01 - Finding Opportunities in the Workforce Housing Spaces
15:40 - A Limited Partner's Biggest Mistakes and How to Avoid It
19:40 - Having a Conservative Estimates on Projected Returns of Investment
24:53 - Michael's Pieces of Advice for Limited Partners
26:16 - Closing the Show with a Little Bit of Gratitude
