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The Commit to Wealth Podcast - Creating Generational Wealth through Real Estate Investing

Oct 4, 2019

Michael is co-founder and principal at SPI Advisory where he has transacted on 8,000 units worth over $1Billion of multifamily transactions through DFW and Austin. Based out of Dallas, Tx., Michael is responsible for all aspects of operations including asset management, property management oversight, accounting and taxation, capital improvements and investor relations for SPI Advisory.

Topics Covered:

  • Assessing the Texas markets
  • Finding the part of the market you work with best
  • Understanding your competitive advantage
  • Structuring your deals (while conscious of your market)
  • Preparing for recessions in the real estate market

Nuggets of Wealth

  • What is a good tool, source, or platform you use daily? Dropbox

  • Best business advice you’ve received? What’s rewarded gets repeated or What’s measured is treasured.

  • Rules for success? Make a list of most important things I need to do and focus on the most important things

  • Where do you see yourself in the next 5 years? With a portfolio of at least 10k units
  • Are you only focused on multifamily or something else? No, just multifamily

  • Why should someone invest with you? We are focused and the ultimate insider in certain markets

  • At the end of your life how do you want to be remembered? As an ethical company

  • Where can CTW Nation go to contact you or find out more about SPI Advisory? Old Capital Podcast