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b"Michael Becker is a Co-Founder & Principal at SPI Advisory, LLC and heads SPI\\u2019s Dallas, Texas office where he oversees all aspects of property operations, including asset management, property management oversight, accounting and taxation, capital improvement and renovation projects, and investor relations. Michael is a lifelong resident of North Texas and a graduate of The University of North Texas with a BBA in Finance.\\xa0\\n\\xa0\\nIn this episode, Michael discusses the current status of multifamily lending and investing, as well as the need to be informed of what's happening on the market and to be forthright and honest about the current rate hikes.\\n\\xa0\\n\\xa0\\n\\xa0\\n[00:01 - 13:08] Opening Segment\\nMichael shares about his background and his company SPI Advisory\\nThe impact of rising interest rates on the multifamily market\\xa0\\nThe change in standards when underwriting a deal\\xa0\\n\\xa0\\n[13:09 - 25:19] Adapting to the Rising Market Cap Rates\\xa0\\nSeeing bifurcation within the property grades and taking in more risk\\nFinding returns with the rise of higher rental rates on class A properties\\nLenders are requiring investors to buy straight caps\\xa0\\n\\xa0\\n[25:20- 28:29] Going into Recession\\nPeople are pushed towards the rental housing market\\nLarge capital investments are relocating\\xa0\\nTaking the opportunity to buy into deals\\n\\xa0\\n[28:30 - 32:14] Closing Segment\\nQuick break for our sponsors\\nThe first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.\\xa0Learn more about Personal Capital at escapingwallstreet.com\\xa0\\nWhat is your favorite business book?\\nThe ABCs of Real Estate Investing by Ken McElroy\\nThe Advanced Guide To Real Estate Investing by Ken McElroy\\nWhat books do you read for personal reasons?\\nAudio books about multifamily investing\\xa0and capital markets\\nWhat event related to real estate investing are you most excited about this coming 2023?\\nOld Capital Real Estate Investing Conference\\nNational Multi-Housing Conference\\n\\xa0\\n\\xa0\\nConnect with Michael Beckeri:\\nEmail: mbecker@spiadvisory.com\\nWebsite: www.spiadvisory.com\\n\\xa0\\n\\xa0\\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through\\xa0https://www.passivewealthstrategy.com/crowdstreet/\\nParticipate directly in real estate investment loans on a fractional basis. Go to\\xa0www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\\nJoin our Passive Investor Club for access to passive commercial real estate investment opportunities.\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\n\\xa0\\nTweetable Quote:\\n\\u201cThe only thing I'm certain of is that tomorrow's gonna look different than today does, and you just need to stay on top of the evolving nature of everything. It's really everything in life, and it's being kind of plugged in, and paying attention to everything.\\u201d - \\xa0Michael Beckeri"