5 Steps to Buy an Apartment Building in Canada. Mistakes Successful Real Estate Investors Avoid
Channel: Darren Voros
Date: 2021-08-03

****DISCLAIMER:
With any and all investing you should always obtain independent legal, taxation and financial advice from a licensed professional before investing any of your own money. 

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Learn how to successfully buy your first apartment building in Canada. These tips will help you navigate purchasing an apartment building and avoid some critical mistakes.

Time map:

00:00 in this video
00:23 my mission
00:33 this can ruin your success
01:06 Identify an opportunity
02:44 Be creative with your offer and negotiation
02:53 Assignment Clause in real estate 
03:38 21 business day due diligence 
04:27 Perform due diligence 
06:05 Increase revenue and decreased expenses
07:16 Know your exit strategy
08:23 Tips for success in buying an apartment building 
08:58 Bonus

My favourite real estate investing software
Legal - https://www.lawdepot.ca/?pid=pg-0EG7S51CZG-generaltextlink
Project Management - https://mondaycom.grsm.io/darrenvoros6613
Property Analysis - https://dealcheck.io?fp_ref=darren84

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Darren Voros

Darren’s diverse skillset has taken him to many stages around the world. He has been featured as an on-air renovation expert on “The Goods” (CBC) and “CityLine” (CityTV). Darren was also the behind the scenes contractor on “Save My Reno” (HGTV) and “Game of Homes (W Network).
Darren is an accomplished real estate investor, trainer and coach. He controls a portfolio of properties worth just over $10,000,000 and has travelled across North America educating, inspiring and motivating audiences on the subject of real estate investing, financial independence and financial literacy. Darren’s willingness to give back prompted him to launch his YouTube channel in 2020 in order to have a wider reach in educating investors.