Multi-Family Day 2

"What differences between typical residential and multi-family properties will affect your purchase and management of these properties?

31
Hrs
Mins
Secs
05
25
13
Segments Duration
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INSTRUCTOR

John Dessauer

In addition to running The Dessauer Group, John and Heather Dessauer are serial investors of their own, and have investments including apartments, single-family homes, office buildings, and raw land. They also have a Property Management/Brokerage firm, Anton Agency/Anton Asset Management, that assists owner-occupants and investors in the real estate arena.  John lives in Chicago and Florida, and has a Bachelor Degree in Biology and Business Administration from St. Ambrose University.

Description:

Challenging and often difficult concepts are made simple by Master Investor and Real Estate Educator, John Dessauer. In this course as you are taught the intricacies of the multi-family real estate world, from how to find potential investment properties to how to manage existing multi-family properties already in your portfolio. Learn how multi-family investments are different from single-family rentals and what the step by step process to determine if a potential property should make it into your management group. Know where to find and how to analyze data reports, demographic information, pro-forma, profit and loss statements, along with management contracts and purchase agreements. Study how to structure a deal, submit an offer for purchase, and prepare for closing. Also, create your plan for entry into the multi-family investing market alongside one of the best in the business. Use John’s knowledge and expertise to increase your income while lowering expenses and increasing your personal wealth.

  • 01

    Pre-Assessment

    This Pre-Assessment is to raise awareness of your current knowledge level and give you a glimpse of the information covered in this course.

  • 02

    Introduction and CAP Rate Recap

    John Dessauer is here again to help you learn how to manage your property managers.

  • 03

    CAP Rate Formula Explained

    The CAP rate formula is discussed and fully explained.

  • Show all 31 segments

    • 04

      Analyze Property - Target Market

      John discusses your target market and how important it is to identify yours.

    • 05

      Price Points Explained

      John goes through an example to discover which rate is the best deal.

    • 06

      Cash on Cash Return

      Your instructor discusses the two sides to every deal - debt side and equity side.  John covers how to use this information to decide if this is a good deal for you.

    • 07

      Four Ways to Get Paid

      The goal of real estate investing is to get paid.  This happens through cash flow, amortization, appreciation, and depreciation.

    • 08

      Depreciation

      John discusses how depreciation can affect your ROI.

    • 09

      Appreciation v. Amortization

      Your instructor compares appreciation to amortization to help you identify what you could be making off of a deal.

    • 10

      Seller Financing

      John goes through seller financing options and helps you determine how to make this work for you.

    • 11

      ROI Formula and Debt Service Coverage Ratio

      Your instructor continues walking you through analyzing the deal, by looking at ROI and debt services.

    • 12

      Buying Assets Correctly

      Make sure you are buying your assets correctly by analyzing completely and building the correct teams.

    • 13

      Increasing Value and Increasing Rent

      John discusses ways to increase the value of your property so you can increase your rents.

    • 14

      Increasing Value and Sub-metering

      Sub-metering is another way to increase your value and NOI. John explains how it works.

    • 15

      Increasing Value-Vending - Laundry - Pay phones And Internet

      By offering convenience to your renters, you can increase the value of your property.

    • 16

      Ways to Increase NOI

      John discusses several means to increase your NOI, such as fees and upgrades.

    • 17

      Divide and Conquer

      John introduces the concept of divide and conquer - when you divide something out, you can charge a little more.

    • 18

      Divide and Conquer Examples

      Some examples of the divide and conquer technique are presented and described.

    • 19

      Divide and Conquer Examples Continued

      John presents some more divide and conquer examples.

    • 20

      Divide and Conquer 11 Things You Need to Do

      11 things you need to know, such as buying properties that are all on one tax parcel.

    • 21

      Credits to the Deal

      John discusses credits that may be added on to your deal at closing.

    • 22

      Credit Questions

      The audience asks questions specific to credits at closing.

    • 23

      Credit Questions Continued

      More questions about credits at closing are presented by the class and answered by our instructor.

    • 24

      Next Steps And As Completed Appraisal

      John lists the next steps to take, including more info on divide and conquer techniques.

    • 25

      Divide and Conquer Next Steps Questions

      John answers audience questions on divide and conquer.

    • 26

      Multi Family Day 2 Par Exercise

      John runs you through an exercise you can use to be fairly certain that you do not lose money on your deal.

    • 27

      Real Deal Example

      A real possible deal from the audience is presented and analyzed.

    • 28

      Real Deal Solution

      John discusses a possible solution to a deal that, at first, appears not to work.

    • 29

      Rent Credits

      Your instructor takes you through a rent credit exercise.

    • 30

      Final Questions and Recap

      John wraps up the class with a final Q&A and a challenge, once again, to determine your why.

  • 31

    Post-Assessment

    This Post-Assessment is to measure your increased knowledge and see how much information you have retained from the course.