Underwriting multifamily real estate in 2024 isn't the same as 2023!

As the market moves so does underwriting and the policies that we need to use to be able to underwrite your files!

In today's video, top Canadian mortgage experts Josh Findlay & Ehren Laycock from ‪@bldfinancial‬ are back on the channel for another Finance Friday video to break down all the things you need to know to keep uptodate when underwriting and analyzing multifamily properties in 2024!

From income & expenses to property taxes, maintenance costs, vacancy rates and much more, Josh & Ehren cover everything you need to know to understand how properly underwrite and analyze multifamily properties!

Did you enjoy and get value from this video on how to analyze & underwrite a multifamily property in 2024? Let us know your thoughts and if you got any value from this discussion in the comment section below!

Want to thrive & succeed in the 2024 Canadian Real Estate Market?
Check out these other videos with Josh & Ehren:
Top Locations To Purchase Investment Properties in 2024    • Top Locations To Purchase Investment ...  
The Ultimate Guide To Buying Real Estate in 2024 in Canada    • The Ultimate Guide To Buying Real Est...  
The End Of Multifamily BRRRRs in Canada? | Major CMHC Repositioning Changes Imminent    • The End Of Multifamily BRRRRs in Cana...  
How To Ensure Your CMHC Application Gets Approved    • How To Ensure Your CMHC Application G...  

Follow the Findlay Mortgage Team on YouTube:
   / @bldfinancial  
Broker Lic# 12360

For more information check out Josh & Ehren's Website:
https://www.findlaymortgage.com/

Did you enjoy and get value from this video?
Do you have any questions for Josh & Ehren on this topic? Are you enjoying the Finance Friday weekly video series?!?
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More Finance Friday Videos with The Findlay Mortgage Team:
   • Real Estate Financing With Findlay Mo...  

Follow & Connect with Findlay Mortgage Team on Social Media:
Josh 5197299212
Ehren 2269805048
Facebook   / findlaymortgages  
Instagram   / fmtmortgages  
YouTube    / @bldfinancial  
Josh Findlay on Instagram   / jfins  
Ehren Laycock on Instagram   / laycock22  

Follow The Canadian Real Estate Channel on Social Media:
Instagram   / canada_rei  
Facebook   / canadianrealestatechannel  

0:00 Introduction
0:40 How To Underwrite & Analyze a Multifamily Property
1:02 What We Are Seeing From Investors
1:39 Look At Your Building Like A Bank
2:08 Income & Expenses
2:59 Property Taxes
5:26 Vacancy
7:08 Management
8:40 Maintenance
12:08 Additional Expenses with CMHC
13:16 2024 the Year of Multifamily Still?

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#CanadianRealEstate #multifamilyrealestate #multifamily