Podcasts about ask mike

On the 55th episode of On To the Next One, MMA Fighting's Mike Heck and Alexander K. Lee keep their matchmaking hats in plain sight, but turn the program over to you, the listeners. Questions are answered in regards to Friday nights' Bellator 264 and PFL 7 events, Gegard Mousasi and Ray Cooper III's main event victories, top prospects and up and comers who could be fighting for major world titles in the next two years, Michael Bisping's position on fighter pay, Max Kellerman and Stephen A. Smith's involvement with major UFC events, along with some other fun topics in and out of the mixed martial arts landscape. Follow Mike Heck: @MikeHeck_JR Follow Alexander K. Lee: @AlexanderKLee Subscribe: http://goo.gl/dYpsgH Check out our full video catalog: http://goo.gl/u8VvLi Visit our playlists: http://goo.gl/eFhsvM Like MMAF on Facebook: http://goo.gl/uhdg7Z Follow on Twitter: http://goo.gl/nOATUI Read More: http://www.mmafighting.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Nobody wants to sound like a rookie when they first enter the apartment business. Especially when having an initial conversation with an important listing broker. Michael, gives you some preliminary questions to ask. Also, when should you bring in your property management company or the lender to review the deal? Finding the right balance on WHEN you should bring in your advisors is critical to your success. In addition, Michael offers you a few examples of when he stumbled in operating apartments. Learn from someone else's mistakes. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory LLC. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Michael gives you his opinion on where the apartment industry is today. Rents are UP, Values are UP, and Cap Rates are DOWN. Is it going to last? TODAY is the 'golden age' of apartment ownership. Michael goes into detail where he sees the opportunities and challenges in the next few months with apartment investing and ownership. Also, the guys discuss the ramifications of being on the wrong side of Fannie Mae and Freddie Mac and how it will impact you on doing future business with the Agency lenders. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory LLC. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

In this episode, I answer a question from a listener who is having trouble about feeling obligated to stay in his current workplace situation. Check it out as I provide my thoughts on the matter. Hopefully, this helps him to reach some type of clarity. Website: www.mikestylesexp.com Follow on: www.facebook.com/mstylesexp www.instagram.com/mr1derfu/

In this episode, I answer a question from a listener who is having trouble about feeling obligated to stay in his current workplace situation. Check it out as I provide my thoughts on the matter. Hopefully, this helps him to reach some type of clarity.Website: www.mikestylesexp.com Follow on:www.facebook.com/mstylesexpwww.instagram.com/mr1derfu/

“Every book that has ever been done at Northwest, if you'll go look at it you'll find the fingerprints, the thumbprints, of everyone on this podcast,” yearbook adviser Susan Massy shared early on in the latest episode of the Ask Mike podcast, explaining the importance of having a yearbook family.  In this episode, host Mike Taylor talks to five of the yearbook advisers who made the top 10 of the National Scholastic Press Association's Pacemaker 100 list. In first place in the Pacemaker Top 10 is the Lair yearbook program at Shawnee Mission Northwest High School in Shawnee, Kansas. Susan Massy has been the adviser for the last 36 yearbooks. In the program's history, they have won an impressive total of 23 Pacemakers and three Pacemaker finalists.Jim Jordan was the adviser behind 35 volumes of the Decamhian yearbook at Del Campo High School in Fair Oaks, California. The Fair Oaks yearbook program was named second, with 20 Pacemakers and seven Pacemaker finalists. Crystal Kazmierski retired from her position as the adviser of Wings at Arrowhead Christian Academy in Redlands, California, after the 2017 school year. Their yearbook program placed third, with 22 Pacemakers and two Pacemaker finalists. Becky Tate, CJE, is the yearbook adviser at Shawnee Mission North High School in Overland Park, Kansas. Their program came in fourth in the Pacemaker Top 10, with a total win of 18 Pacemakers and four Pacemaker finalists.Dow Tate is the current adviser of the Hauberk yearbook at Shawnee Mission East High School in Prairie Village, Kansas. Their program tied for ninth with 15 Pacemakers and five Pacemaker finalists. 

Mike Boylan of Mike's Weather Page checks in again with the Cotton Companion to discuss current post-planting Cotton Belt weather, plus some thoughts on how hurricane season may be shaping up.

Michael explains the LARGEST and COSTLIEST mistake he made in buying multifamily: mismatching his mortgage debt with his business plan. The future is not clear- so you must use past experiences to make future business decisions. Michael thought choosing a longer-term fixed rate loan, with the expectations of interest rates rising in the future, would be a prudent business decision. Unfortunately, it was not. His loan was 10 years…but his business plan was to only keep the property for 3-5 years. Rates remained low and the loan came with a significant prepayment penalty called yield maintenance when they went to sell the apartment building. If he had chosen a shorter loan term with a less onerous pre-payment penalty… he would have saved millions. HE WON'T DO THAT AGAIN! Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory LLC. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

If you are new or a seasoned apartment investor, Michael explains what he sees in the multifamily market. Low interest rates, higher occupancy, and even higher monthly rents with falling cap rates are making this market whacky. Can it be sustained? Well…probably not…but a lot of capital continues to flow into the market. In some of these markets, we have seen a 30% increase in apartment values. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Structuring investor returns is critical for your success. With tons of capital on the side lines…the historical apartment investor yields are falling. Lots of new investors are living in the past when it comes to investor yields. If you GUARANTEED a higher rate of return to your investors- than what the property is currently earning- you are going to be in trouble. Michael discusses those challenges today and what you should consider. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and is now a large “owner- of commercial real estate.” Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Uh-oh...do not find yourself on the Fannie Mae Bad List of apartment operators. If you get on that list…you can be temporarily or permanently stopped from borrowing with Fannie or Freddie. Both Fannie and Freddie are very, very serious on how you operate and maintain your apartment building. They are your largest partner and require you to continually maintain the asset. If you are black balled from being able to use Agency debt, you will severely handicap yourself from being an apartment syndicator. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and is now a large “owner- of commercial real estate.” Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Secured Overnight Financing Rate (SOFR) is the new index that both Fannie, Freddie and some bridge lenders use for their adjustable rates. Remember, index + profit margin = interest rate. The more stable the index…the more stable the rate. In the last few years, the London Interbank Offer Rate (LIBOR) was the preferred index. BUT…regulators thought that LIBOR could be manipulated and now we have: SOFR. SOFR is consider a ‘less risky’ index. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and is now a large “owner- of commercial real estate.” Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

In this extra special episode, Ask Mike and Yearbook Chat with Jim team up to talk about promoting your yearbook! Hosts Mike Taylor, CJE, and Jim Jordan are joined by three members of the Walsworth marketing team, Jenica Hallman, CJE, Jimmy Gilligan and Sarah Scott. They share tips for writing press releases, ideas for promoting your yearbook, and why you want to promote your 2021 yearbook more than ever before!Listen to the episode, then share your marketing with us! Send press releases to mike.taylor@walsworth.com or jim.jordan@walsworth.com, and be sure to tag Walsworth Yearbooks in any social media promotions you post. We would love to share your work. Find us on Instagram @walsworthyearbooks, Twitter @yearbookforever, and Facebook.

In this extra special episode, Ask Mike and Yearbook Chat with Jim team up to talk about promoting your yearbook! Hosts Mike Taylor, CJE, and Jim Jordan are joined by three members of the Walsworth marketing team, Jenica Hallman, CJE, Jimmy Gilligan and Sarah Scott. They share tips for writing press releases, ideas for promoting your yearbook, and why you want to promote your 2021 yearbook more than ever before!Listen to the episode, then share your marketing with us! Send press releases to mike.taylor@walsworth.com or jim.jordan@walsworth.com, and be sure to tag Walsworth Yearbooks in any social media promotions you post. We would love to share your work. Find us on Instagram @walsworthyearbooks, Twitter @yearbookforever, and Facebook.

Michael believes specific education is important before apartment investing. Compressing the learning curve can benefit you as an apartment investor. A mentor can certainly help you. Today, there are lots of education options when it comes to apartment investing. BUT…not everyone that says they are an expert…is an expert. Sometimes, it can be confusing on what program is the best. Michael gives you some inside information that you should be looking to gain from these programs. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and is now a large “owner- of commercial real estate.” Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Please SUBSCRIBE & Leave a REVIEW! If you enjoy this podcast, checkout other content from the Sana G Morning Show: Crush On You: https://www.iheart.com/podcast/960-Sana-Gs-Crush-On-You-28823199/ Sanacast Podcast: https://www.iheart.com/podcast/139-Sana-G-Morning-Show-25095719/episodes/ Sana G Morning Show ON DEMAND Podcast: https://www.iheart.com/podcast/139-Sana-G-Morning-Show-25095719/episodes/ Blog: http://kmel.iheart.com/featured/the-sana-g-morning-show/ YouTube: https://www.youtube.com/user/KMELtv?sub_confirmation=1

Investors learn many ways. Books, Podcasts, & YouTube videos are great; but listening to apartment investors tell real stories is the best. Today, Michael shares with us some insight on how new managing members start to scale their business. Also listen to a recent challenge that Michael and his group faced with doing a TIC structure. BONUS: Super Broker Nick Fluellen chats with Michael Becker. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and is now a large “owner- of commercial real estate.” Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Our "Ask Mike Anything" episode is the last of 2020, and we opened it up to questions from listeners for chef and eighth grade basketball MVP Michael Beltran. There are even more questions and answers in our extended Patreon-only episode. Support Pan Con Podcast and the rest of DADEmag.com on Patreon: https://www.patreon.com/DADEmag Follow pan Con Podcast: https://www.instagram.com/panconpodcast/ Follow Mike Beltran: Instagram: https://www.instagram.com/piginc Twitter: https://www.twitter.com/piginc Follow DADE: Facebook: https://www.facebook.com/DADEMAG Instagram: https://www.instagram.com/dadeig Twitter: https://www.twitter.com/dadetweets Follow Nick Jiménez: Instagram: https://www.instagram.com/nicolasajimenez Twitter: https://www.twitter.com/nicolasajimenez

Well, you probably won’t do that again! If you cannot close; the seller WILL take your earnest money. Before you expose your own money to a possible loss (in this case- without having a creditable lending source) you must have an in-depth conversation with a lending decision maker. Your lender is your biggest partner, and you must get them to invest in the deal, too! Be completely transparent to the lender. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and is now a large “owner- of commercial real estate.” Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Whether you’re a veteran or new, there is always something new to learn or think about when you’re a  coach. From educating your clients on a program to choosing the best exercises for athletes, it’s easy to get overloaded with information. But don’t worry! Learning is crucial to our growth as coaches, and one of […] The post Ask Mike: The Big Q&A Show appeared first on Robertson Training Systems.

In the last 4-5 months the apartment market has been on a tear. Deals are getting done in the best performing segment of commercial real estate. Everyone throughout the world is searching for yield. Investors are putting money into apartments…just trying to get 5-8% cash on cash rates of returns. If you can buy into a 5 cap rate and borrower money in the 3’s…you and your investors can make money. Michael chats about his latest deal and how he was able to purchase it…off-market…or sorta. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and is now a large “owner- of commercial real estate.” Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

In this episode, Mike answers questions submitted by Cozy Robots like you. You can be a cozy robot. You'll get access to our exclusive Discord, weekly private videos, and special events. Find out more at https://cozyrobots.com  The Cozy Robot Show airs every Monday at 5pm Pacific / 8pm Eastern. You can watch live at https://cozyrobots.com/watch  LINKS Community ➜ https://cozyrobots.com  Instagram ➜ https://www.instagram.com/mikemchargue  Twitter ➜ https://twitter.com/mikemchargue  Facebook ➜ https://www.facebook.com/mike.mchargue

Mike speaks about the importance of choosing right property management company and picking the right location to invest. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and is now a large “owner- of commercial real estate.” Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and is now a large “owner- of commercial real estate.” Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

I started this podcast to help entrepreneurs be successful in their personal brands. One way I aim to do this is by sharing how I reached and maintain my own success. I am always open to questions on these topics and will share my honest responses. That is what this entire episode is dedicated towards. In this episode, I am fielding some questions listeners have sent in with the help of my Integrator, Chelsea Brinkley. Tune in to hear:   Why I use a basic email format How to write personally without fake personalization The benefit of staying away from images and graphics in your email list The power of likeability and connection Where to channel your energy with your email list How I use segmentation and targeted content How to sell to higher buyers   Resources: Chelsea’s SOP bundle Submit a question for future podcast episodes Chelsea’s website Chelsea on Instagram Listener Sara Simon's website Listener Marisa Shadrick’s website   Connect with Mike: https://mikekim.com/ Instagram - https://www.instagram.com/mikekimtv/ LinkedIn - https://www.linkedin.com/in/mikekimtv Facebook - https://www.facebook.com/mikekimtv/ Twitter - https://twitter.com/mikekimtv YouTube - https://www.youtube.com/c/MikeKim    *** EPISODE CREDITS: If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment.   He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world. Find out more at https://emeraldcitypro.com   

Perhaps. Obviously, it depends where your property is located at and the different state and local laws that are in place with Covid19. Today’s podcast speaks about the updated CDC eviction rules for landlords. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and is now a large “owner- of commercial real estate.” Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Well….you need to find deals and find money! Building relationships with brokers, equity investors, contract attorneys, lenders, physical engineers, & SEC attorney should be your first course of action. Some folks may use LOOPNET to find their first deal and that is OK, but most SERIOUS BUYERS contact listing agents in the market. Don’t be a jerk…this is a small business and word will get around. Sound advice in any business. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and is now a large “owner- of commercial real estate.” Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

BUT my real question is …should you only focus on investors that want no cash flow - in the immediate future- and then eventually get a capital gain in the future…..OR should you pursue investors that need monthly cash flow today to supplement the lowering of their returns on fixed income? What say you? Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and now a “owner- of commercial real estate.” Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Michael shares with you his thoughts on negotiating a potential purchase sales contract and what protection language you should or should not add into the terms of the transaction. Michael gives you the insight on what is happening today in apartment investing. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and now a “owner- of commercial real estate.” Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Michael gives insight on what he is seeing in rental collections and immediate concerns facing multifamily housing like decreasing asking rents and the cut off of unemployment benefits coming at the end of July. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and now a “owner- of commercial real estate.” Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

With so much money spent by the government to keep the nation going during the pandemic; will we see inflation in the values of apartments in the future? Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and now a “owner- of commercial real estate.” Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Michael discusses the two largest line item expenses…taxes and insurance. It seems like every year these two operating expenses rise. What do you do? Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and now a “owner- of commercial real estate.” Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Back in March, at the beginning of the coronavirus, many apartment owners thought that rental collections would fall substantially. No Job, No Income, and then No Rent paid…made landlords very nervous. Today, rental collections on many properties have been not been affected significantly. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a ‘loaner’ and now a “owner” of commercial real estate. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Doc, Mike og Höfðinginn í lok vikunnar

Michael Becker discusses what he is seeing in the apartment investing market today. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a ‘loaner’ and now a “owner” of commercial real estate. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Following the backlash against new Patriots kicker Justin Rohrwasser, we speak with a Three Percenter to learn more about the organization. Mike Dalton gives his take on Rohrwasser and why accusations from Jemele Hill are unfounded. Michael Graham checks in to discuss reopening the economy and why the virus is just something we have to live with. Mike Pence chooses not to wear a mask at the Mayo Clinic. The Mayor of Somerville is forcing people to wear a mask or face a fine. Hillary Clinton endorses Joe Biden in sleepy joint town hall. Support this podcast at — https://redcircle.com/the-gerry-callahan-podcast/donations Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Michael Becker discusses what he is seeing in the apartment investing market today. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a ‘loaner’ and now an “owner” of commercial real estate. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

Michael Becker discusses what he is seeing in the apartment investing market today. Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a ‘loaner’ and now a “owner” of commercial real estate. Please leave us a 5 STAR RATING on iTunes; if you enjoyed this podcast.

This special edition focuses on what LIMITED PARTNERS and GENERAL PARTNERS can possibly expect with the impact of the coronavirus on apartment investments. You will want to listen to this.

Michael discusses and answers some of the questions that you asked.

In structuring transactions; there are somethings you can do and not do…per the IRS guidelines. Michael discusses some of the in’s and out’s of doing a TENANTS IN COMMON structure.

The core skill of a deal sponsor is 1) finding apartment opportunities to buy 2) find equity from investors to invest in your deal. You can do this by yourself or you can recruit a partner to help you. Michael, discusses on how he and his business partner came together to form SPI Advisory.

No credit, No job, No liquidity is not a great way to start as a deal sponsor. The most challenging could be credit. Michael gives some insight on mitigating credit issues that some apartment deal sponsors have found themselves with in the past.

Michael gives you an update on what is happening today in the apartment market. He reflects back on 2019 and what to expect in the future when investing in apartments. As you can imagine, finding and purchasing a value added apartment in 2020 will continue to be a challenge.

Michael discusses future acquisition strategies with an apartment buyer. Michael has concerns about ownership focus and time management when looking to diversify into other markets. Most larger apartment markets have buying opportunities within their markets. Unfortunately, many potential buyers don’t focus on a specific market to get an in-depth relationship with listing agents, local management companies and vendors (HVAC, plumbing, electrical) and tend to bounce from one market to another. That can be challenging for apartment operators that need efficiency.

Are apartments values and prices too high? Michael chats about the direction of the apartment industry today. Do we have enough apartment supply? Too many apartments being built; too little? A lot of the apartment value is based on the expectation of job growth. What geographic areas do you want to invest in- has job growth? Also...follow Michael Becker’s rule #1: Don’t buy in the hood!

Occasionally, seller financing is an option to purchase a multifamily property. The seller becomes the lender. A regional bank…or Fannie Mae is not used to finance an apartment building. Michael discusses what he is seeing today in today’s market and why or why not seller financing is used.

Michael shares his opinion of a syndicator that doesn’t put any of their own funds into a deal, but wants you to invest your money. Some new apartment syndicators or new managing members are under the impression that they do not need to put any of their own money into a deal that they are putting together. Michael, gives a lending war story or two from years ago when he was a banker.