All Forum Posts by: Daniel Lozowy

Anyone know a good skip tracing company or freelancer that does leads in Canada? Having a bit of accuracy issues with my current freelancer

@David Wilk I agree 100%. Do you do cold calling ?

@Marlen Weber you mean calling to schedule a meeting, or straight up knocking at their doors?

@Timothy Douglas It's a great book man! I'm from Montreal, it's a weird town, neighborhoods I target are like 90% multifamily lol, so I couldn't tell you

Hey I got a list of potential multifamily opportunities owners I got mainly by DFD. I want to call them to see if they have any interest in selling. Do you have a cold call good script to share? 

NB most of the properties are 6-20 mom and pops value adds

@Greg Dickerson right. So both approach are two different ways to come at same conclusion?

Looking to optimize apartment buildings. How do you analyse your 6+ unit deals in Montreal? 

Here's the problem: I keep hearing two different things.

I'm based in Montreal, Canda and the game here is mostly to buy distressed apartment buildings, drive-up the NOI and RE-FI (the cap is really low, so it's almost impossible to buy for CF). How do you analyze those deals? 

What I do: 1. find the current value (with the cap), 2. then make projections after I've optimized the NOI. 3. Trial and error with the purchase price (with a sale in year 5) until I get my minimum returns; and that's my max price. 

What some people say is this: After Repair Value - Repair Costs - Closing Costs = My Max Price.

What do you guys think? How do you analyze those types of deals ??

@Marlen Weber great I'll start practicing thanks! 

@Marlen Weber thanks for the advice! Tips for a good elevator pitch ?