Multifamily Investing Program ON-DEMAND ONLINE COURSE

Over 70 In-Depth Training Videos Propriety Worksheets that Make Investing a Breeze Exactly How to Write An Offer And Make Big Banks Treat You Like a Pro

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The Multi-Family Investing Blueprint

 

Below is an outline of my Canadian Multifamily Investing Blueprint that you get with the On-Demand, Self-Study Course.

Note: When you attend the live virtual event, this is the material that we will cover together.

By working through this Blueprint you will have my own step-by-step process to follow each time you invest in a Multifamily Property.

The Blueprint is designed to walk you through the entire process of investing in a Multifamily property, from research and selection, through making an offer and due diligence on the investment. All through the process, you are guided as to what data to gather to enable you to put to gather a Rockstar financing application.

 
 
 

1. Introduction

In this module, I cover the basic principles behind Multifamily Investing, and the mindset you need to have to succeed. The goal is to prepare you for the work ahead, and to make sure that you understand the overall strategy behind the Blueprint, so that you have the best chance of success.

2. Planning and Research

This module is the first, and arguably the most important module in the whole course. This is where I walk you through some of the fundamental decisions you need to make before embarking on your Multifamily Investing journey. These decisions will streamline the work you do throughout the process, making you more efficient, and making sure you appear professional. I also walk you through the various steps for identifying potential markets to invest in, and obtaining listings of properties for sale in that market that meet your criteria.

 
 

3. Making an Offer

In this module, you will learn about the important aspects of making an offer, starting with the most important point: your realtor will do the hard work for you! I cover the main elements of an offer, what to look out for when preparing your own offers, and how to prepare for the next phase of the process once your offer is accepted.

4. Assessing Property Risk

In this module, the first of the Due Diligence Modules, I talk about the most import piece of Due Diligence: Property Risk. If there are any issues with the property itself, it’s vital to discover them as soon as possible so that you can either put a plan in place to mitigate the issues or, in the worst case, walk away from the deal.

 
 

5. Assessing Market Risk

This module, the second in the due diligence process, builds on the work we did in the planning module, where we focused on the macro aspects of the market. Here we look at the market from the micro perspective as it relates specifically to the property that you have under contract (accepted offer for). We compare the property’s performance (in terms of average vacancies and current rental charges) to average comparable properties in the market place. Our goal is to determine if there is a discrepancy that needs to be addressed, or if there is an up-side whereby the value of the property can be increased (by increasing rents).

6. Assessing Valuation Risk

For obvious reasons, this is the most content-intensive module in the due diligence process. In this module we get into number crunching to determine the approximate value of the property using data obtained from the vendor and our market research to see if it’s in line with recent sales of comparable properties in the market. We review the main valuation approaches and the concept of cap rates and other key financial indicators you need to know. The goal is to determine what financing may be obtained based on the chosen financing strategy.

 
 

7. Assessing Investor/Borrower Risk

In this module, the last one in the due diligence process, we look what is required from the investor/borrower to qualify for financing, and check that everything is in order. Areas covered include: competence, capacity, net personal worth, personal guarantees and types of legal ownership structures for properties.

8. Financing Your Deal

In this module, we look at the two sources of financing available – conventional and CMHC-insured financing – and discuss the pros and cons of each type of financing and their respective rules and impact on profit. We also analyze different financing strategies and the various circumstances in which they can be applied using actual case studies. We also show you how to bring together all of the work from the previous modules into a top-notch financing application that your lender and/or CMHC will love you for it (and possibly save you thousands of dollars in the process).

 
 
 
 
Salepage: https://www.multifamilyinvestingcanada.com/CMFIB-Virtual-Online-Choices