Welcome to the multifamily cash flow addicts podcast, where you'll learn all the strategies to building passive income one door at a time through multifamily real estate investing. You’ll hear from experts in their respected fields and from your real estate investing hosts Marco and Dan who have s…
Is there a way to lower your overall tax rate, and live where you want? Dan and Marco interview Andrew Henderson, the founder of Nomad Capitalist. Andrew's been featured on Forbes, Bloomberg, CNN, and Inc. to name a few, he works with 7-Figure entrepreneurs who are looking to legally lower their tax rate through creative strategies such as taking your business Offshore and obtaining a second residency and citizenship. Listen right to the end to learn how and if we can tie this into our real estate assets.
A deal comes across your desk, now what do you do? Dan and Marco profile the 6 things they use to quickly underwrite a deal. Giving you a quick analysis if the deal is something you can work with in order to provide feedback to your deal source. The 6 things include, Underwrite 100 to find 1, Value-add upside, Strong local rent growth, Stabilized asset if CAP rate high enough, Verifying Actuals not proformas, and Do the numbers work.
Dan and Marco profile the 6 key factors they look at when analyzing a potential deals sub-market. Covering all you need to know about Population Growth, Employment Growth, Landlord Friendly States, Diversified Job Markets, Supply & Demand and what Stage of the Market Cycle we're in. How these 6 factors give you more insight into long term stability in a market. They also list some of the sites they use to find this data. Sites like, datausa.io, neighborhoodscout.com, axiometrics.com, costar.com, rcapitalanalytics.com, alndata.com, irr.com and Marcus & Millichap reports.
Dan and Marco take a deep dive into analyzing the value of a multifamily property. Breaking down key metrics like Capitalization Rates, Net Operating Income, and why these metrics are so important and how they bring us to our values. Also adding some more insight into other variables other than cash flow that affect the value of a property.
This is the first episode of a weekly series that highlights multifamily apartment investing. Real estate investors Marco and Dan cover an array of real estate investing strategies and outlook their preferred real estate asset class. Walking you through their journey as Canadians investing in the U.S. market, and their transition to multifamily real estate investing.