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The Old Capital Podcast is aimed at Real Estate Investors - both new and experienced.
Hosts Michael Becker and Paul Peebles deliver no-hype education and expert perspectives.
You will gain valuable insights from interviews with actual real life investors who are active in acquiring and operating apartment complexes. You will discover how they are identifying, financing and operating apartment complexes, as well as helpful advice on how to get started and avoid common mistakes.

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  2. Episode 142 - Within 16 months, Ed Faulkner went from ZERO UNITS to 54 UNITS

Episode 142 - Within 16 months, Ed Faulkner went from ZERO UNITS to 54 UNITS

Jul 6, 2018

A few years ago, Ed Faukner bought a new house for his growing family to live in. The day after they moved in…his wife informed him that she HATED the house and wanted to move. Yikes! Instead of selling they rented it out. That was his first experience with owning rental real estate. He was terrified with having someone else live in their home. After a while, he got comfortable with owning rental real estate and bought a duplex. He eventually sold it and realized a large gain. He was hooked. He wanted to buy more units. Ed wanted to start with small steps in buying rental property. With a partner, he bought a 10 unit building. He has learned a lot in a short period of time. His biggest lesson is BIGGER IS BETTER in MULTIFAMILY. He learned that economies of scale were important in multifamily. His next transaction was a much bigger property with 44 units. Ed’s journey is typical of many real estate investors…he took baby steps from a single family rental , then a duplex, to a 10 unit, and now… 44 units. Could you do this?
To contact Ed Faukner: ED@HZFProperties.com
To receive our FREE 15 page WHITE PAPER REPORT on the 2018 FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about upcoming events at Old Capital Speaker Series please visit us at OldCapitalPodcast.com
Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn about Michael's Real Estate Syndication business with SPI Advisory LLC.