Repositioning refers to maximizing the value of an investment property. It increases the income and potential of a property while improving the quality of life for its residents. Risks involved in this kind of business plan can be avoided by understanding the market before acquiring the property. In today’s episode, Michael Becker discusses his background and experience in repositioning multifamily properties. He also shares how important it is to leverage your team to grow in this business.

What You’ll Learn From This Episode:

• Michael’s Background and How He Started Investing in Real Estate
• His Biggest Challenges While Scaling Multifamily and How He Overcame It
• Systematizing and Managing Large Volume of Real Estate Transactions
• Ways to Leverage and Utilize Team’s Strengths and Experiences
• Strategies to Differentiate Yourself Against Other Bidders When Acquiring New Property or Assets
• Effective Ways to Build Relationship with the Brokers
• Things to Focus on to Execute a Business Plan After Acquiring a New Property
• Multifamily and Real Estate Outlook Depending on the Market
• Benefits and Flexibility of Real Estate Investing
• Managing Calendar and Schedules to be More Productive in Business or Even Personal Life
  
  

Guest Bio:

Michael Becker is a Principal at SPI Advisory LLC and heads SPI’s Dallas, Texas office. Under Michael’s leadership, over the past 8+ years SPI Advisory has acquired approximately 10,000 units in the DFW & Austin markets.

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.

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