Dates: October 5 to November 23
(Weekly, Thursdays)
7-10pm EST
Looking to level-up to apartment buildings? In this LIVE 10-Week Masterclass – The 10-Step Blueprint to Buying Apartment Buildings – you will learn all of the foundational steps to help you buy your first or next building with confidence.
We have spread out our original course over 8-weeks to give you the opporunity to digest all of the information and be able to apply the strategies in-market as you learn them. The weekly training sessions are designed to layer-on the key strategies needed to scale your portfolio and provide you with time to ask questions and problem solve as you progress.
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.
In this masterclass, you will learn:
- The steps you need to take right away to move closer to becoming an apartment building owner
- Why apartment buildings are the best way to grow generational wealth
- The importance of setting clear goals
- Who should be on your power team and how to find them
- How to select markets that will meet your objectives
- How to find apartment building deals and build a steady pipeline of them
- How to underwrite deals properly in today’s economic environment
- What to look for during on-site visits
- How to structure financing to get the deal done and improve your ROI
- What your offers should look like and what they should include
- Due diligence process requirements
- When to remove conditions and go firm
- Raising capital from investors and how to position / brand yourself as an expert
- Ways to structure your deals with investors (Joint-ventures, GP/LP, Mutual Fund Trust, shareholder agreements)
- What to do as soon as you own the building
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.”
Live Online Masterclass Outline
This course will cover the following topics in detail:
1. Establishing Your “Why” and Setting Your Objectives
This is often an overlooked step in the acquisition of apartment buildings (or any big, life-changing decision for that matter). Through the use of simple, but powerful frameworks, we will help you clearly identify your reason for investing in apartment buildings and help you outline a set of SMART objectives. Already have this outlined? Perfect. We’ll make sure that they are aligned with the outcomes of apartment building investing. In this module, we will introduce you to the A.I.M. (Apartment Investor Mindset) and T.E.A.M (Time, Expertise, Access, Money) frameworks. The use of these frameworks will help guide you along your journey in this and other endeavours.
2. Build Your Power Team
Leveraging the Power Circle framework, we will identify who you need on your team to take you from good to great. In this module, instructors will outline specific action steps you will need to take and what you need to say in order to attract the best team of professionals for your real estate business. Please note that if you have a power team supporting you in single-family real estate investing, it is likely that you will need to build a team of experts that focus on commercial residential real estate for best results. We will also discuss the benefits of joint-venture partnerships and some models for structuring these relationships. Masterclass participants will get introductions to key players on our power team to help expedite your progress as a multifamily investor.
3. Select Your Market
The selection of which market best suits your investment objectives is a critical decision. While proximity to where you live may be one criteria, there are a number of other strategically important elements you will need to consider before you make a move. Learn the difference between macro and micro markets and how to determine which are best for you. This module will examine all the critical criteria you should consider using an easy-to-use market selection scorecard that you will be able to leverage for as long as you are investing in buildings.
Learning from this section of the masterclass is applicable to all markets across North America and beyond. It is our opinion that there are NO bad markets. Each market has a role to play in an investors portfolio. Once the role that multifamily investments need to play in your portfolio is clearly establish, selecting a market that meets those objectives will become much easier and strategic.
4. Sourcing Your Deals
Once you have laid the foundation for your strategy, you will need to be able to efficiently gain access to deals in your market. Unlike single family homes, the MLS is not the primary source. Learn where to find deals and who to build relationships with in order to keep the deal flow going. We will show you exactly what you will need to do and what to say in order to get what you need. We will also cover a few tactics to help you start sourcing deals directly from sellers.
5. Deal Analysis and Underwriting
Learn how to properly analyze / underwrite an apartment building deal. There are two important aspects that you will learn:
1) How to underwrite in the eyes of a lender; and
2) How to underwrite as an operator.
Both are important perspectives, and both are required in order to ensure you are making profitable investment decisions. We will take you step-by-step through the analysis of a deal and provide you with the deal analyzer that we use when underwriting our own deals.
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 lending environment; we will show you methods to underwrite your deals in the context of the current economic environment.
6. On-site Walk-Through
Once you are comfortable with the potential financial performance of the building, you will need to walk through to check your assumptions and assess the building’s physical condition. Using our standardized walk-through checklist, we will teach you what you need to look for prior to bringing in inspectors and other professionals.
7. Financing Strategy
Financing strategy and deal underwriting go hand-in-hand. It’s so important to the acquisition process that we need to dedicate an entire module to it. In this module, you will learn about:
- What you need as a mortgage guarantor
- How to properly analyze a deal
- How lenders analyze a deal
- Creative financing strategies to optimize your ROI
- How CMHC-insured financing works
- How the MLI Select program works and how to underwrite using this program
- How to analyze deals with CMHC-insured financing
8. Offer Submission and Due Diligence
Once you have determined what you can pay to satisfy your own objectives and investing model, you or your agent will need to prepare an offer for the seller. This module will cover the basic of preparing an offer and what should/should not be included to improve your chances of getting the deal. We will also cover strategies to help position your offer in your favour.
With an accepted offer in hand, your role as an investor is to conduct a thorough review of all aspects of the building’s physical, financial, and legal aspects. Using your due diligence checklist, we will go through all the areas of investigation you will need to go through and which professionals to leverage to ensure you are buying a building with few surprises.
9. Raising Capital and Investor Structures
For many, the way to scale a portfolio quickly requires the ability to raising capital from investors. In this section of the masterclass you will learn the fundamentals of raising capital for apartment building deals. Whether you have experience or looking to raise capital for your first time, we will outline a capital raising plan to help you scale your efforts and attract the money you need to acquire apartment buildings and scale your business. A step-by-step guide on personal and corporate branding will be weaved into this topic as well as a multiple ways in which to structure deals with your investor partners.
10. Going Firm, Deal Closing and Building Operations
After a thorough due diligence process, you are ready to remove all conditions of the deal and go firm. We will review what should be in place before removing all conditions of the deal. What you can expect at closing (when you take ownership) and what steps you must take to start managing your apartment building for success!
As a multifamily owner, we will outline some of the key operations decision you will need to make to successfully manage your multifamily investment.
Learning Outcome
This course will give you the confidence, skills, and tools required to help you acquire your first apartment building.
Upon completion of this course you will be able to:
- Buy an apartment building with confidence
- Analyze and underwrite apartment deals as an expert real estate investor
- Find “off-market” and “on-market” deals
- Determine which markets are best suited for your objectives
- Better understand how to quickly filter through deals that meet your investment objectives
- Determine which financing options are the best suited for your project
- Determine who should be on your power team and how to attract them to you
- Conduct due diligence checks with confidence
- Position yourself as a serious investor when attracting investors and partners
What You Will Get
As a participant you will get the following:
- 25+ hours of training and ongoing support
- Lifetime access to course recordings and documents
- Access to all the recordings. If you miss a week, don’t worry as you will be able to access all of the content to catch up.
- Glossary of terms to help you enhance your industry vocabulary
- Step-by-step guide to clarifying your ‘Why’ and ‘Goal Setting’
- Power team selection criteria
- Market selection scorecard (an objective way to select markets)
- On-site property walkthrough checklist
- Due diligence checklist
- Excel deal analyzer that we use to analyze our own deals
- Portfolio review spreadsheet (CMHC)
- Tenant screening checklist
- First 30 days of ownership checklist
- Deal analysis example
- All PowerPoint slides used throughout course
*Over $6500 in value.
Instructors
The course 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.
When selecting your next educational investment,
ensure the instructors are active operators in the strategies being taught.
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.