A Free Guide for Canadian Real Estate Investors
How to Analyze a Multifamily Deal Without Guessing
The exact four-step framework I use to underwrite every deal at Delftrise,
before it ever reaches a term sheet.
Built for the Canadian market.
Free to download.
An investor I know called me eighteen months after closing on a twelve-unit building. Not to celebrate. Two units had turned over for way less than his pro forma projected.
Property tax jumped after the sale triggered a reassessment. And a boiler he'd been told "still had a few good years left" didn't.
Every number in his original underwriting had come from the seller. None of it had come from him.
That's not bad luck.
That's what happens when a deal gets underwritten to someone else's story instead of your own numbers.
This guide is the process I use to make sure that never happens to me, and it's yours for free.
WHAT THIS GUIDE COVERS
Conservative Underwriting
how to rebuild a seller's numbers before you trust a single one of them, including rents, expenses, and vacancy
Risk First
the financing, concentration, capital, and regulatory risks most investors price in too late, if at all
Long-Term Ownership
how to evaluate a deal for a full economic cycle, not just the exit
Market Analysis
how to read Canadian rental market data so you understand a market before you fall for a property
Common Mistakes to Avoid
the four assumptions that quietly wreck more deals than any bad market ever could
A Full Deal Evaluation Checklist
run it against the next property that crosses your desk, before you make an offer
This guide is for people actively evaluating multifamily deals in Canada, whether it's your first building or your fifteenth. If you've ever caught yourself trusting a seller's rent roll a little more than you should have, or moved fast on a deal because the return looked good without stress-testing what could go wrong, this was written for exactly that moment. It's not for people looking for a "guaranteed returns" formula. There isn't one, and anyone offering one isn't underwriting conservatively.
Why I Put This Together
I've sat on both sides of enough multifamily deals to know that the ones that go wrong almost never fail because the market turned. They fail because the underwriting was optimistic from day one.
This guide is the actual process we use at Delftrise before any acquisition reaches a term sheet. Conservative underwriting, disciplined risk analysis, and a plan for owning the property, not just closing on it. I wanted it somewhere any investor could use it, whether we ever work together or not.
Download Your Free Copy
Get the Framework Before Your Next Offer
Twelve pages. Four steps. One checklist. Free.
Looking Beyond Education?
If you are actively exploring multifamily investing and want to discuss your goals, strategy, or upcoming opportunities,
you can also schedule an Investor Discovery Call with Rob.
