How This Investor Went From 16 Units to Over 10,000 in 8 Years

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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.   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.   In this episode we cover: What a syndication is and how to utilize it to grow your real estate portfolio The three “F’s” - Family, Friends and Fools Debt options for your syndication   Links from the show: Michael on LINKEDIN Michael’s new show - THE MULTIFAMILY INVESTING SHOW SPI ADVISORY OLD CAPITAL PODCAST   You can find the transcript of this episode over HERE. Transcripts of all episodes can be found HERE.   Show sponsors: HONOR - 10% off your order, use discount code START HOUSE HACKING SUCCESS - 10% off their house hacking course, use discount code STARTFM   Interested in sponsoring the podcast? Please email chad@chadduval.com with “sponsor request” in the subject line.   Follow Chad: Instagram: instagram.com/iamchadduval Twitter: twitter.com/iamchadduval Facebook: facebook.com/iamchadduval YouTube: youtube.com/iamchadduval Website: chadduval.com Email Club: chadduval.com/subscribe   Follow Start FM: Start FM’s INSTAGRAM Start FM’s SHOW NOTES   If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. Also, I love reading the reviews!