Course Curriculum Multifamily Underwriting For Beginners & Free Preview

    1. Multifamily Underwriting For The Beginner An Opportunity Of Our Lifetime

      FREE PREVIEW

    1. M1 L1 UBFB The Structure Of A Multifamily Syndication

      FREE PREVIEW

    2. M1 L2 UBFB The Roles Within A Multifamily Syndication

    3. M1 L3 UBFB How A Multifamily Syndication Is Managed

    1. M2 L1 UBFB Multifamily Underwriting Basics

    2. M2 L2 UBFB The Income Categories

    3. M2 L3 UBFB he Expense Categories (1)

    1. M03 L01 How To Make A Fresh Copy Of The Underwriting Template To Your Google Drive

    2. How To Copy And Move The UT Once It Is In Your Google Drive

    3. How To Organize The Underwriting Folder

    4. T12 -- How To Copy And Paste The T12 Into the UT

      FREE PREVIEW

    5. T12 How To Select 12 Months, 3 Months or Custom Months

    6. T12 -- How To Code The T12

    7. T12 -- How To Flip The Sign

    8. Underwriting Sample 01

About this course

  • $47.00 / year
  • 15 lessons






Instructor

Nowthaniel Max Rock

Real Estate Instructor

Max Rock, the CEO of Max Rock Multifamily, boasts a rich history in property management and real estate that spans back to 1996. With a robust portfolio, he has successfully completed nine syndications, including six ranging from 200-300 units and three spanning 90-120 units, accumulating over 1,800 units across four markets. Holding both California and Georgia Brokers Licenses, Mr. Rock is dedicated to identifying and structuring profitable multifamily investments, collaborating closely with his ValuesMatch™ partners. Beyond his real estate ventures, Max is an astute entrepreneur and business owner. His academic background underscores his diverse skill set, featuring a BS in Civil Engineering from the University of Cincinnati, an MBA from Claremont Graduate School, and a Master’s in Education from California State University at Dominguez Hills. Currently residing with his family in Los Angeles, California, Max Rock is committed to leveraging his extensive experience and education to navigate the dynamic landscape of property management and real estate investment.











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Unlocking Real Estate Opportunities: The Dynamics of Multifamily Syndication

Multifamily syndication is a powerful investment strategy that allows individuals to pool their financial resources and expertise to acquire and manage larger-scale real estate properties, particularly apartment complexes. In this collaborative approach, a lead sponsor or syndicator identifies lucrative investment opportunities, conducts due diligence, and brings together a group of investors to collectively fund the acquisition. The syndicator typically takes on the responsibilities of property management, strategic decision-making, and overseeing the asset's overall performance.


One of the primary advantages of multifamily syndication is the ability to leverage combined financial strength to access larger, more profitable properties than individual investors might afford on their own. Investors, also known as limited partners, can participate with a fractional ownership stake, allowing them to benefit from potential returns without the day-to-day operational involvement.


Multifamily syndication offers diversification and risk mitigation through exposure to a portfolio of rental units across various properties. This strategy aligns with the growing demand for rental housing, providing investors with a stable income stream through rental payments while capitalizing on property appreciation over time.


Successful syndication relies on effective communication and transparency between the syndicator and investors. Legal structures, such as Limited Liability Companies (LLCs), are commonly used to formalize these partnerships, clearly defining each party's roles, responsibilities, and profit-sharing arrangements. Overall, multifamily syndication is an accessible and collaborative method for investors to enter the real estate market, share risks and rewards, and benefit from the lucrative opportunities presented by large-scale multifamily properties.











Unlocking Wealth: The Roadmap to Earning in Multifamily Syndications

Multifamily syndication isn't just reserved for seasoned investors or those with substantial capital. It's a wealth-building avenue accessible to regular individuals, offering various ways to earn throughout the investment lifecycle. Let's delve into the opportunities for financial gain within the multifamily syndication process.


1. Acquisition Fees:

A substantial upfront opportunity lies in acquisition fees. Typically ranging up to 5% of the property's purchase price, this fee rewards those involved in sourcing and securing the deal. For instance, on a $10 million property, a 5% acquisition fee equates to $500,000.


2. Ongoing Asset Management Fees:

Active involvement in managing the property post-acquisition opens avenues for ongoing asset management fees. These fees compensate for the day-to-day oversight, strategic planning, and decision-making involved in optimizing the property's performance. Ongoing asset management fees can be 3% of monthly revenues for a large multifamily that is a substantial monthly fee. 


3. Refinance Property Fees:

As the property appreciates or undergoes improvements, refinancing can become a strategic move. Individuals participating in the syndication process stand to earn fees associated with this refinancing phase. These fees reward the effort and insight invested in enhancing the property's value. Refinance fees can be 1-3% of the refinanced amount. 


4. Disposition Fees:

When the property reaches its peak or strategic exit point, disposition fees come into play. Earning a fee upon the successful sale of the property is a lucrative aspect for those involved in the syndication journey. This reward reflects the culmination of efforts in maximizing the property's value. Disposition fees can be 1-3% of the total property value. 


It's important to highlight that these income streams are not exclusive to seasoned investors. The democratization of information and education has made it possible for anyone to learn the intricacies of multifamily syndication. Through comprehensive training programs, online courses, and mentorship opportunities, individuals can equip themselves with the knowledge needed to navigate this lucrative terrain.











Unlocking Success: Your License to Prosper with Our Multifamily Underwriting Template

Embarking on a journey into the world of multifamily syndication demands not only knowledge but also powerful tools to navigate the complexities of property analysis. That's where our comprehensive course comes into play, offering you not just education but a valuable license to wield our proprietary multifamily underwriting template.


Analytical Power at Your Fingertips


Our custom-made multifamily underwriting template is designed with precision, tailored for syndications involving properties ranging from 4 to 300 units. It serves as a dynamic compass, guiding you through the intricate landscape of real estate analysis. With this template, you gain access to a comprehensive suite of analytical features that allow you to assess various scenarios, ensuring a thorough evaluation of potential returns.


Unlimited Usages, Unleashed Potential


Upon enrolling in our course, you not only acquire the knowledge to thrive in multifamily syndications but also receive a license granting you unlimited usage of our underwriting template for an entire year. This means you have the flexibility to explore and analyze multiple deals, honing your skills and making informed decisions without constraints.


Tailored for Success


What sets our multifamily underwriting template apart is its adaptability to diverse investment strategies. Whether you're considering property upgrades, additional amenities, rent adjustments, or exploring varied financing options, our template provides the analytical backbone to assess the impact on investor returns. It's a tool designed to align with the intricacies of syndicated real estate investments.


A Year of Empowerment


Your license isn't just a one-time benefit. It unlocks a year of continuous empowerment, allowing you to utilize the template on an unlimited basis. This extended access ensures that as you progress in your multifamily syndication journey, you have a reliable companion to assist in analyzing potential deals and maximizing returns.


How It Works


1. Enroll in the Course

Sign up for our multifamily syndication course, where you'll gain comprehensive knowledge about the intricacies of syndicated real estate investment.


2. Receive Your License

Upon completion of the course, you'll be granted a license to use our multifamily underwriting template for an entire year.


3. Explore and Analyze

Utilize the template's powerful features to analyze different syndication scenarios, assess property upgrades, and make informed decisions.


4. Continuous Learning

The template becomes an integral part of your multifamily syndication toolkit, enabling continuous learning and growth throughout the year.


In summary, our multifamily underwriting template isn't just a tool; it's a key to unlocking success in the realm of syndicated real estate. With a year-long license and unlimited usages, you have the means to elevate your analytical capabilities, make informed decisions, and chart a course towards prosperous multifamily syndications.