Date: September 28, 2023
7-10pm EST, 4-7pm PST
Are you looking to hone your underwriting skills for this changing market? In this LIVE 3+hour Masterclass, you will learn all of the foundational steps to properly underwrite multifamily acquisitions and refinances with confidence.
Underwriting multifamily apartment building deals in today’s market is quite different than it was 12 or even 6 months ago. With changing interest rates, bond yields, lender risk tolerance and seller sentiment, a new set of underwriting skills are required.
We will teach how deals are being underwritten today!
How do we know this? We have refinanced and purchased apartment buildings within the last 6 months and know what it takes to get a deal across the finish line.
IMPORTANT!
The Masterclass is led by Mark Baltazar and Mike Rockall – operators and investors CURRENTLY executing on all of the strategies being taught.
We believe operating an active multifamily investment business is critical to providing masterclass participants with insights and direction required to succeed in this market.
We do not teach from the sidelines!
We know how difficult it is to make the move to the next level in your real estate investing business. For many of you, that is buying an apartment building. Like any other businesses, there is a step-by-step formula that anyone can follow in order to minimize the risks associated with buying apartment buildings and ensuring you acquire an asset that helps you achieve your objectives.
What You Will Learn...
- How to underwrite multifamily acquisitions and refinances in today’s market
- A complete understanding of the critical metrics for underwriting multifamily deals
- How to underwrite deals with CMHC financing
- How to underwrite with CMHC MLI Select financing
- Underwriting skills for any market location in North America
- Underwriting for any deal size (5+ units)
- Financing strategies (private, bridge, VTB, conventional, CMHC)
Past Session Testimonials
Diane L.LOTS of new material - great!“The experience was positive. The content was comprehensive on the buying aspect, so it was a combo of refresher and LOTS of new material - great! Mike and Mark's credibility were evident. Mark's high-level overview, diving into details and then tying it back to the module and overall WHY theme was effective and helpful.”
September Online Course ParticipantGreat insights“The course provided great insights into the process behind purchasing multifamily buildings. As a novice, the process can seem complicated in comparison with SFH, however Peak Multifamily provides a framework around this asset class which makes navigating multifamily achievable.
Overall, Mark and Mike have a lot to be proud of in the offering over the past 3 days. As my first insight into multifamily, I was pleasantly surprised as you brought back the curtain.”
Kevin S.“The content was extensive, detailed, very valuable, clear and well structured.”
Naoki M.Very informative“Course was very informative- thank you!”
Roger H.Excellent value!“Excellent value! A must-do course for anyone thinking of transitioning to multi-family. I felt the course gave me more confidence, skills, and tools to acquire my first apartment building. Both very professional, Mike and Mark took the time to explain and answer all my questions. Peak Multifamily has much to offer the first-time multifamily investor; from the original podcast to the many webinars; it's a one-stop shop!”
Brian G.Great experience“Great experience overall, I really appreciated all the tools provided and the practical advice. Money well spent - you should probably charge more for the course!”
Sandie M.I feel very confident - Not just textbook“I feel very confident that I could use this information and qualify a deal. Their sharing of their personal experience was great. Not just textbook.”
Why Underwriting Skills Are Critical
There are many steps in the acquisition and operation of multifamily apartment building properties.
One of the most foundational skills is underwriting. Whether you are passive or active investor, an operator or capital raiser, or someone just trying to get a better understanding of how commerical multifamily investing works – underwriting skills are critcal.
This step tends to be the most difficult to grasp, but also one of the most important. Knowing the value of a building at acquisition and at various exit points is at the crux of successful underwriting.
With significant changes in the economy, capital markets and the lending environment; we will show you methods to underwrite your deals in the context of the current economic environment.
Once you have mastered the skill of underwriting multifamily deals, you will be in a better position to assess worthwhile investment opportunities regardless of your role as an investor.
Learning Outcome
This underwriting masterclass will give you the confidence, skills, and tools required to help you underwrite multifamily deals in the current environment.
Upon completion of this course you will be able to:
- Underwrite a multifamily apartment building deal with confidence
- Analyze and underwrite apartment deals in any market across North America
- Prepare your deal to be submitted to lenders
- Present a well-prepared proforma to your investor partners
- Measure the ROI impact of alternative operational and exit strategies
What You Will Get
As a participant you will get the following:
- Over 3 hours of LIVE training
- Lifetime access to masterclass recording and documents
- Live Q&A group call one week later to answer any questions you have about underwriting your own deals
- Comprehensive multifamily underwriting Excel tool
- CMHC multifamily underwriting Excel tool
- Glossary of important multifamily industry terms
- CMHC portfolio summary spreadsheet
- All PowerPoint slides used throughout the masterclass
Masterclass Instructors
The masterclass is taught and led by Mark Baltazar and Mike Rockall, co-founders of Peak Multifamily Investments and active operators and investors in the multifamily sector.
Some of their achievements include:
- Fund managers and creators of the Peak Multifamily Trust – an Canadian Apartment Fund / REIT
- Hosts of The Canadian Multifamily Investing Podcast
- Top Player Award (REIN – Real Estate Investment Network)
- Multifamily Investor Award (REIN – Real Estate Investment Network)
- Active speakers on the topic of multifamily investing strategies
- Over $250 million in multifamily real estate transactions
- $45+ million in real estate holdings
- Actively acquiring apartment buildings in the current market
Mark Baltazar
With 20 years of experience in business strategy and management consulting in across North America and globally, Mark brings a wealth of business management and operational expertise to real estate investing. Winner of the Real Estate Investment Network’s Top Player Award in 2017 and Multifamily Investor award in 2020, Mark continues to build strong momentum in growing a portfolio of multifamily properties.
His strong analytical background enables him to bring a strategic rigour to portfolio expansion and the assessment of investment opportunities.
With 10 years of real estate investing experience across various strategies, Mark oversees Peak’s capital raising, client acquisition, partner relations, educational content development while ensuring the company delivers on its promise of helping others build generational wealth through apartment building investing.
Mike Rockall
Mike is not only a full time multifamily investor who has been in the real estate business for over 10 years, he also has helped mid-sized investment funds aquired over $250 million in apartment buildings as a licensed Realtor.
His hard work, charisma, and true passion for the business has helped shape Mike’s reputation as an multifamily operator and investor.
Mike specializes in investment real estate mainly multi family income properties. He personally holds a portfolio of multi-family apartment buildings in Hamilton and surrounding areas. His knowledge of the city’s geography can assist with all real estate endeavours.
His business is built on: dedication, communication, determination and trust while embodying the ability to cater and adapt to all his clients real estate needs.