Working Capital The Real Estate Podcast

Peter Linneman leads as Founder and CEO of American Land Fund Management, KL Realty, and Linneman Associates. He is the author of Real Estate Finance and Investments: Risks and Opportunities, the quarterly publication, The Linneman Letter, and more than 100 scholarly publications.

In this episode, we talked about:

• Peter’s Book: Real Estate Finance and Investments: Risks and Opportunities
• Office Real Estate Market Overview
• Opportunities in Real Estate

Useful links:

Previous episode: https://podcasts.apple.com/ca/podcast/state-of-the-market-and-real-estate/id1505750263?i=1000557554818
Transcriptions:
Jesse (0s): Welcome to the working capital real estate podcast. My name's Jessica Galley And. on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. My name's Jesse Fragale. You're listening to working capital. My guest today is Peter Linneman of the c e o and Founder of Linneman. Associates. And Peter is a returning guest.

So we had him back on the show not too long ago, but we were talking before. A lot is changing in the commercial and residential Real Estate world that we thought. We, you have you back on Peter and we could chat a little bit about the environment we're in and, and you know, any crystal balling you have for the future. how are you doing today?

Peter (49s): I'm doing terrific. How about yourself?

Jesse (51s): I'm doing great. Thanks for coming back on the podcast. For those that haven't seen or listened to that first episode, you can check that out online, wherever you listen to the podcast or YouTube. And also for people that don't know, you know, Peter, it's, you're pretty well known in most commercial real estate offices, is kind of writing the, the Bible in Real Estate, and that's the, the finance book Peter, you'll, you'll be able to gimme the full title of it, but it's pretty much the, the Blue Bible that if you're taking some sort of Real Estate or Real Estate Finance course, that that's gonna be, that's gonna be mandatory reading.

Peter (1m 28s): Yeah, just it's called Real Estate Finance and Investments Risk and Opportunities. It's been around now for a long time in various editions. I don't even know what edition we're on. Bruce Kirsch has joined me as authoring it, and it's called The Blue Bible. I have nothing to do with that. It's because the book covers have been blue always over the years of slightly different shades. So I didn't know it was even called the Blue Bible until it had been out about five years.

And people came up to me and started saying that, and I go, oh, so I guess it's an honor.

Jesse (2m 4s): You know what, it's funny, the, the book, at least the way I came to that book is that when I started investing in Real Estate, the, there was kind of a difference between the, the the, you know, what you would get in school in terms of the, the background and types of investment in Real Estate and then what you would get at actual books that are geared towards Real Estate investing. And I found, I found that there wasn't much overlap between the two. And when I found, I think your book, I, I think it was in my M B A that the first time I saw your book in, in first year, and it was a Real Estate Finance and Infrastructure course.

It was the first book I saw that was almost speaking the investor's language in terms of Real

David Toupin is a Top Millennial real estate investor, speaker, and entrepreneur. David is the co-founder of Obsidian Capital, an Austin Texas based real estate investment firm. David started investing at the age of 20 in Michigan where he bought his first property in college, a 12 unit apartment complex. Prior to graduating with a Finance degree at the University of Detroit Mercy, David had acquired $7M in multifamily real estate holdings

For the second time, we have Michael Blank on the show. Michael is a full-time entrepreneur, investor and coach and he is passionate about helping others become financially free. Through his company Nighthawk Equity, he controls over $75 million in performing multifamily assets all over the United States. In addition to investing nationwide, he teaches others how to do their first apartment building deal through tons of free content on TheMichaelBlank.com as well as additional training programs. He helped students acquire over 750 units valued in excess of $27M and they’re on track to do 1,000 units in the next 12 months through their unique coaching and “Deal Desk” program. He is the host of the popular podcast “Apartment Building Investing with Michael Blank” and he writes regularly for the Bigger Pockets and Flipnerd’s REI Classroom.

In this episode, we talked about:

• Asset class
• Raising capital
• Educating people in investment
• Building a real estate platform
• Apartment syndication deals
• How to reach the right people and how to get their information
• Gathering the right investor info
• Strategies in attracting investors and building relationships
• And MUCH MORE!

Resources and Links:

https://themichaelblank.com/

The Apartment Building Podcast

Darin Batchelder started as a CPA with PriceWaterhouse and PepsiCo. He transitioned into sales selling software applications for several technology companies. He then transitioned to institutional loan trading with ABN AMRO, an international bank based in the Netherlands, with main focus on trading large jumbo residential portfolios and multifamily portfolios bank to bank. He then founded TZK Capital in 2007 focused on trading clean credit performing loans to include residential, multifamily and commercial real estate loans bank to bank. He has traded in excess of $4 billion in loans.

In this episode, we talked about his journey on how he got into real estate, multifamily deals, real estate syndications, partnering, raising capitals, how he got invested in over 4,000 multifamily units and much MORE!

Resources and Links:

https://darinbatchelder.com/

https://www.linkedin.com/in/darin-batchelder-8855b620

In this episode we talked about:

• 2023 year for Investment
• How to get into Commercial Real Estate as an Investor
• Inflation
• Recession