This is a 1 hour long seminar, attended by Ottawa Real Estate Agents who want to work with Investors to help them buy or sell Multifamily Buildings. You can learn about clauses and pitfalls you'll encounter when dealing with Investors.
This movie can help real estate agents understand what they need to know to work with Investors looking to buy or sell Multifamily Buildings in Ottawa. Investors who already own buildings, and Investors looking to buy should also find important information here.
Patrick Walchuk, who specializes in Ottawa Residential Multifamily Buildings talks about how to evaluate a building for a potential buyer or seller, similar to the way that a bank will appraise the property for mortgage purposes.
He touches on how to calculate Cap Rates, Net Operating Income and Expenses, how to deal with Tenants when showing these properties.
Find out what agents need to look out for when writing an offer, if the building really is what it appears to be, there might be an illegal apartment, it might not meet fire code, or comply with building codes for multifamily properties.