Navigating the Syndication Space and Overcoming Challenges with William Holland

Mar 27, 2023

William Holland is the CEO and founder of Bigger Picture Holdings LLC, a real estate investment company in Dallas, Texas, specializing in value-add multifamily properties. He has extensive experience in construction planning and management, having previously worked for Balfour Beatty and Infinity MEP Consultants. William is an active member of TREC, a significant real estate organization in Texas, and RaiseMasters, a mastermind group for capital raisers. He collaborates with experienced multi-family operators to achieve long-term success. With a degree in mechanical engineering from Texas A&M University, William enjoys basketball, cycling, camping, and serving at church. He considers his relationship with Jesus as the most critical aspect of his life and strives to glorify God in all his endeavors.

 

Are you interested in real estate investing? Do you want to learn from experienced professionals in the industry? Join us in this episode of Real Estate Investing Rocks as we sit down with William Holland, a new syndicate member who shares his journey of getting his first deal across the finish line. We'll explore the process of extending deadlines due to increased interest rates and the benefits of bridge loans over agency loans. Holland's background in mechanical engineering and construction management provides valuable insights into managing large-scale construction projects and transitioning into asset management. We'll discuss managing people, navigating difficult conversations, and providing quality residential experiences for residents. Whether you're a beginner or an expert in the field, Holland's expertise and experience offer valuable lessons and insights. So tune in now and discover the tips and tricks of real estate investing that will help you achieve financial success!

 

 

[00:01 - 05:55] The Benefits of Bridge Loans in a Rising Interest Rate Environment

• Interest rate increases make deals harder to close, requiring extensions and additional capital raising
• Bridge loans allow for renovations and time to increase rent rates before refinancing or selling
• Rate caps provide insurance against floating interest rates on bridge loans

 

[05:56 - 11:57] Navigating the Upside and Downside of Interest Rates in Multifamily Real Estate Investing

• Distressed properties may arise as interest rates climb and monthly payments increase
• Capital calls are not a surefire way to save yield and can cause complications with IRA/401 payments
• The Dallas market is the second best in the nation for multifamily, including job growth and other metrics

 

[11:58 - 17:34] Closing Segment

• William warns listeners to be cautious of untrustworthy individuals in the industry
• Listeners can visit biggerpictureholdings.com and themoneytreerealestateinvestorpodcast.buzzsprout.com to learn more about William and his work

 

 

Tweetable Quotes:

“I got to invest my own capital.” – William Holland 

 

“You can't trust everybody in this industry, just like you can't trust everybody in your day-to-day life.” – William Holland 

 

You can connect with William Holland through his:

Email: [e-mail]

Social Media: LinkedIn

 

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Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.

To learn more about me, visit my LinkedIn profile, and connect with me.