142: Underwriting Deals in a Time of Rapidly Rising Interest Rates with Paul Kiebler

Big Mike Fund Podcast
Big Mike Fund Podcast
142: Underwriting Deals in a Time of Rapidly Rising Interest Rates with Paul Kiebler
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Paul is the Founder and CEO of Pepper Pike Capital Partners, a private equity firm focused on delivering superior risk adjusted returns. As CEO, Paul directly oversees the firm’s strategic initiatives and its investment professionals, including the acquisitions, operations and construction management groups. Since 1998, Paul has been directly involved in the planning, construction, lease up and management of more than 25,000 apartment homes across the Midwest and Southeast, with a cumulative transactional value of over $1.5 billion.

Paul’s passion for real estate began at a young age when he purchased, renovated, and sold his first house at the age of 16. He progressed into investment real estate while assisting his father in the family’s appraisal business. Today he talks to us about his company Pepper Pike Capital Partners and his process for finding the best deals in an environment with rapidly increasing interest rates. He goes deep into when to sell or buy and hold, and his thoughts on what rising interest rates could mean for the economy. Truly an episode worth seeing. Big Mike’s got the mic, grab your favorite drink and lean in!

HIGHLIGHTS OF THE EPISODE

00:26 – Guest Intro: Paul Kiebler

01:11 – Ken’s background and family

02:17 – Paul’s company Pepper Pike and leveraging Paul’s construction expertise

11:12 – Dealing with supply chain problems

13:08 – Applying the Henry Ford model

16:19 – Finding great deals

19:13 – Selecting deals based on submarkets that show continuous growth

20:42 – Deciding factors for selling or buy and hold

23:22 – Underwriting deals and making sure they hit their targets in an environment with rising interest rates

27:56 – Will rising interest rates put the economy into a recession faster than expected?

If you found this episode substantial and want to dig deeper into real estate, or maybe you want to discover better investment opportunities, be sure to check out www.tempofunding.com.

CONNECTING WITH THE GUEST

Website: https://www.pep-cap.com/

LinkedIn: https://www.linkedin.com/in/paul-kiebler-3819a01/

Youtube: https://www.youtube.com/channel/UChTdwtJ61ZHw3IpduR2-sjw/featured