32 min listen
Old Capital Bonus Segment: Command Authority with Lane Beene - “To make BIG MONEY in real estate…you must know some Basic Math Equations!”
FromOld Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
Old Capital Bonus Segment: Command Authority with Lane Beene - “To make BIG MONEY in real estate…you must know some Basic Math Equations!”
FromOld Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
ratings:
Length:
18 minutes
Released:
Oct 17, 2019
Format:
Podcast episode
Description
Lane Beene is with Pilot Properties and owns almost 700 apartment units. This recently retired Lt. Colonel graduated from the US Air Force Academy and flew combat F16’s for over 28 years. Less than 15 years ago, he started with one single family home and turned that into a large multi-million dollar apartment portfolio…all during the time he was serving in the military. He is direct. He is smart. You need to listen to him if you are new to real estate investing. Lane is an expert in math- he had to be. As you can imagine, Lane needed math in flying fighter jets. Think of the calculations that Lane used in aviation: How many gallons of fuel did he burn in one hour; what’s the max weight (bombs) could his aircraft hold? How fast could he get to his target? Life comes down to JAMP. Yes, ‘Just A Math Problem.’ The better you are in math, the more successful you will become in real estate. Whether you are flying fighter jets or investing in apartments; you must know some level of math. Lane breaks down five investing equations that are critical to your success. Cash on Cash Yield, Total Return, Cash Flow, Internal Rate of Return and Equity Multiple are discussed. To contact Lane Beene: Lane.Beene@pilot-legacy.com
Released:
Oct 17, 2019
Format:
Podcast episode
Titles in the series (100)
Episode 7 - Andrew Patton: Andrew shares how he got started as a single family investor and transitioned into being a lead investor in multiple apartment complexes in a short period of time. by Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles