Thane Lanz's - Multifamily (Duplex, Triplex, Fourplex) & Apartment Building Lists for BC & Alberta - Updated November 2015

Thane Lanz - Real Estate Investor - Consultant - Speaker

vancouverinvestor@gmail.com
604-765-1490
https://hippocontact.com/newsletter/3954/

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Introductory Video to the Multifamily and Apartment Building Listings in BC & Alberta

 

Introduction Video to the Multifamily & Apartment Building Listings in BC and Alberta

Thank you for your past interest in the Multifamily (Duplex, Triplex, Fourplex) and Apartment Building List.

Above is a short video that gives you an idea of all of the resources available on this page. My contact info is above. Thanks for visiting....



Apartment Buyer's Special Reports - Seven Deadly Mistakes and 28 Golden Rules

 

Apartment Buyers Special Report
The 28 Rules of Canadian Apartment Building Investing

Special Report "The Seven Deadly Mistakes When Buying Apartment Buildings"

This is my special report on the basic mistakes to watch out for when purchasing your next apartment building. When I bought my first two buildings we made a lot of these so I speak from experience. The more information you have the better.

But once you are working with knowledgeable people be ready to take action when a great deal comes up.

The other Special Report is the "Twenty Eight Golden Rules to Canadian Apartment Building Investing." It covers everything from finding a good deal, putting your team together, to managing and maximizing your profits.



CMHC Financing for Multi-Family Properties (15% Down)

 

Canadian Real Estate Wealth Magazine - Smart Finance Guide
CMHC - Multifamily - Purchase_July_31_2014
Peter Kinch - Essential Rules for Financing Rental Properties

For more details on CMHC Financing for Multi-Family properties please visit:

http://www.cmhc.ca/multi-unit/

And for an interesting online presentation from CMHC explaining their Multi-Family program:

http://download.isiglobal.ca/cmhc/web/presentations/CMHC_MUP_0220/index.htm

As well, please enjoy the financing Guides from the Canadian Real Estate Wealth Magazine and the Mortgage Broker, Peter Kinch's, Essential Rules Financing Guide for Investment Properties.



Apartment Building & Multifamily (Duplex, Triplex, Fourplex) Listings in BC & Alberta

 

All Mulitfamily Listings in BC - 141 - CLSLink BC Commercial
Fraser Valley - Chilliwack real Estate Board - 12 Multifamily Listings
Fraser Valley - Chilliwack - Real Estate Board - 26 Multifamily Listings - 4 or Less Units
Greater Vancouver Real Estate Board - 28 Multifamily Listings - 4 or Less Units
Greater Vancouver Real Estate Board - 35 Multifamily Listings
Kamloops - Central Interior - Real Estate Board - 16 Multifamily Listings
Kamloops - Central Interior - Real Estate Board - 25 Multifamily Listings - 4 or Less Units
Kootenay - Southern Interior - Real Estate Board - 13 Multifamily Listings
Kootenay - Southern Interior - Real Estate Board - 28 Multifamily Listings - 4 or Less Units
Northern Alberta - Multifamily Listings
Vancouver Island - Outside Victoria - Real Estate Board - 31 Multifamily Listings - 4 or Less Units
Victoria - Real Estate Board - 15 Multifamily Listings
Victoria - Real Estate Board - 19 Multifamily Listings - 4 or Less Units

This is the November 2015 Western Canada Apartment Building & Multifamily (Duplex, Triplex, Fourplex) List. There are some great deals available. The process to purchase a multi-family building in BC or Alberta does involve a little extra work so it's usually best to have a knowledgeable agent who knows what they are doing help you out.

Take a look at the areas you are interested in. Once you have some in mind send me a quick email or call and I can help you do some more research along the path of getting your next deal.



Multifamily & Apartment Deals of the Month - Assumable Financing & Condo Conversion Possiblities Available

 

1 - Edmonton, AB - 12 + 6 Unit Assumable Financing Apartment Buildings - $125K per Door
2 - Edmonton, AB - 2 Duplexes with VTB's Available - $580K Ea
3 - Edmonton, AB - 9 Unit Apartment Building - $120K per Door
4 - Edmonton, AB - 15 Unit Apartment Building - $117K per Door
5 - SwanHills, AB - 12 Unit Townhouse Building - $58K per Door
6 - SwanHills, AB - 17 Unit Apartment Building - $56K per Door

These are great starter deals for someone looking to buy their first building for a similar price to a single house in Vancouver. The seller for some of these is offering Assumable Financing so you don't have to start financing from scratch.

The Swan Hills buildings has been reduced to just below $60K per door. With average rents well over $600 per month for the one bedroom units this easily qualifies for the 10% Rule.

Run the numbers and if you like the ROI give me a call and we can go over further details.



Bonus - REIN Multifamily Quick Analyzer

 

REIN - Multifamily Analyzer

Bonus REIN Multifamily Quick Analyzer

This is a worksheet that the Real Estate Investment Network (REIN) puts together on analyzing Apartment Buildings. I highly recommend their group as one of many that are worth joining. Once a year they hold their Apartment Buying Bootcamp which is where this format comes from. Ask me for more details on financing and due diligence documents as you narrow in your targeted deals to put an offer in on.



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