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/
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More Finance Friday Videos with The Findlay Mortgage Team:
• Real Estate Financing With Findlay Mo...
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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