Тёмный
David Monroe, CCIM
David Monroe, CCIM
David Monroe, CCIM
Подписаться
I have created my manifesto for 2024, at least that's what I'm calling it, and I have decided to offer ALL the education courses I have created - Free!

I've had a lot of downtime in the last couple of weeks making myself available for my wife, which has caused a lot of inner sections within my core values.

That said, I'm not just going to open up my members' area for free, I will be slowly posting the existing education workshops to RU-vid within playlists.

Starting VERY soon, I will be updating what I call the Big Dog course, the 14 module A to Z workshop with more than 50hrs of video training, and posting each session to RU-vid.

This is going to shake up the multifamily education space BUT I'm tired of seeing all the crap education on the market and being sold for the price of my wife's back surgery...

So, I'm making it my mission to provide 100% FREE education to real estate investors on how to PROPERLY invest in multifamily properties using fundamental principles...
How To Time The Real Estate Market In 2024
25:02
2 месяца назад
How To Automate Facebook Prospecting
14:29
5 месяцев назад
Raising Capital For Real Estate Using AI
1:53:33
6 месяцев назад
Strategic Acquisition Certification™
13:03
9 месяцев назад
SMARTER Goals - Not A New Year's Resolution
5:07
10 месяцев назад
Комментарии
@摸鱼茉莉花
@摸鱼茉莉花 Месяц назад
Super valuable as a residential agent
@DavidMonroeCCIM
@DavidMonroeCCIM Месяц назад
Thank you!
@摸鱼茉莉花
@摸鱼茉莉花 Месяц назад
Thank you David really good info
@DavidMonroeCCIM
@DavidMonroeCCIM Месяц назад
You're welcome!
@testaccount-lt2vq
@testaccount-lt2vq Месяц назад
Thanks, very helpful video. I liked the part at 44:00 describing point decreases, 1:02:00 describing limited bank funding, and the part describing values of homes, commercials, and industrials (but i forgot what time that was at).
@Cindybal505
@Cindybal505 Месяц назад
Just found your channel and love the in-depth analysis.
@DavidMonroeCCIM
@DavidMonroeCCIM Месяц назад
Thank you Cindy! I appreciate the kind words.
@WilliamWadeREI
@WilliamWadeREI Месяц назад
Hey David, thanks for sharing how can I join the next live?
@DavidMonroeCCIM
@DavidMonroeCCIM Месяц назад
Send me an email to david at davidmonroeccim dot com
@lala5dami
@lala5dami 2 месяца назад
You are truly amazing David
@DavidMonroeCCIM
@DavidMonroeCCIM 2 месяца назад
Thank you very much!
@WellReadU
@WellReadU 2 месяца назад
David 🔥🔥🔥
@DavidMonroeCCIM
@DavidMonroeCCIM 2 месяца назад
Thank you!
@sudheerrbasu4644
@sudheerrbasu4644 2 месяца назад
Excellent presentation!!
@DavidMonroeCCIM
@DavidMonroeCCIM 2 месяца назад
Thank you my friend!
@gotcomps
@gotcomps 2 месяца назад
An absolutely superb breakdown on how to identify market cycles Cap'n!
@DavidMonroeCCIM
@DavidMonroeCCIM 2 месяца назад
Thank you sir... That means a lot!
@jimsanderson
@jimsanderson 2 месяца назад
David does a great job of walking us through the Mueller Market cycle and supplementing the graph will real world data for the point he is making. Great content as always!
@DavidMonroeCCIM
@DavidMonroeCCIM 2 месяца назад
Thank you my friend!
@PivotalREI
@PivotalREI 3 месяца назад
Great job on this!
@DavidMonroeCCIM
@DavidMonroeCCIM 3 месяца назад
Thank you!
@fcolon1976
@fcolon1976 3 месяца назад
Great video! Where are the other parts to the workshop?
@fcolon1976
@fcolon1976 3 месяца назад
Found it 🙂
@DavidMonroeCCIM
@DavidMonroeCCIM 3 месяца назад
@@fcolon1976 Outfrickenstanding!
@TheDanMan06
@TheDanMan06 5 месяцев назад
I’m new to you and your channel What’s the Facebook group you’re apart of?
@DavidMonroeCCIM
@DavidMonroeCCIM 5 месяцев назад
Here's th link to my group: facebook.com/groups/multifamilyinvestingfundamentals
@TheDanMan06
@TheDanMan06 5 месяцев назад
In CA, just want to confirm the the property tax would stay lower during the MLA because the property hasn’t yet sold. Correct?
@DavidMonroeCCIM
@DavidMonroeCCIM 5 месяцев назад
That should be the case, I believe it's Prop 69 that governs that tax law, but I may the proposition number wrong.
@TheDanMan06
@TheDanMan06 5 месяцев назад
@@DavidMonroeCCIM is it possible to use a 1031 exchange along with a MLO? Let’s say the exchange is $500k and the upleg is $2M, could you use the exchange to purchase 25% of the property and have the remaining 75% under an option to purchase with a master lease that gives you full control of the property?
@DavidMonroeCCIM
@DavidMonroeCCIM 5 месяцев назад
@@TheDanMan06 I'm not an attorney, so you would need to verify this, no because the upleg needs to be the same entity, unless you could get the owner to allow a tenant in common and that interest of the property to you, which would require your own title, deed and the like.
@urbanizeproperties2656
@urbanizeproperties2656 5 месяцев назад
thank you for sharing-your always giving you value!
@DavidMonroeCCIM
@DavidMonroeCCIM 5 месяцев назад
Thank you Kristine!
@KarlBreaux
@KarlBreaux 5 месяцев назад
I got fucked
@KarlBreaux
@KarlBreaux 5 месяцев назад
Nice
@DavidMonroeCCIM
@DavidMonroeCCIM 5 месяцев назад
Thank You! I appreciate the kind response. What did you like about it?
@ashab434
@ashab434 5 месяцев назад
Thank you !
@DavidMonroeCCIM
@DavidMonroeCCIM 5 месяцев назад
You are very welcome Asha!
@ashab434
@ashab434 5 месяцев назад
@@DavidMonroeCCIM I am trying to gather information to purchase my first home - a multifamily home …. I’d like to live in it and have 2 additional units to rent out. I was thinking of East Baltimore what do you think of this area?
@DavidMonroeCCIM
@DavidMonroeCCIM 5 месяцев назад
I like the plan, but I'm not familiar the submarket
@ashab434
@ashab434 5 месяцев назад
@@DavidMonroeCCIM may I ask the difference between “off-market” and “submarket”?
@DavidMonroeCCIM
@DavidMonroeCCIM 5 месяцев назад
@@ashab434 Submarket is the area you are searching for the property. Off-market means it's not listed with a real estate agent or broker.
@antoniostephano
@antoniostephano 6 месяцев назад
Love this content but I have not heard anyone yet address class A, B, and C in a way that makes sense for cities like NYC where many older properties are considered Class A. The age definition without more doesn't work for NYC.
@DavidMonroeCCIM
@DavidMonroeCCIM 6 месяцев назад
I would agree, NYC is a different beast then most markets, and you have to go with the market traditions for the property classes, so everyone understands it, which is really the importance of the metric in the first place.
@williamwade1478
@williamwade1478 7 месяцев назад
So much value thank you for Sharing sir.
@DavidMonroeCCIM
@DavidMonroeCCIM 7 месяцев назад
You are very welcome William. Please let me know if you have any questions.
@digitalvolt
@digitalvolt 7 месяцев назад
David I learned a lot with your due diligence guidance
@DavidMonroeCCIM
@DavidMonroeCCIM 7 месяцев назад
Thank you Mike! Let me know if you have any questions.
@bradhreha5872
@bradhreha5872 7 месяцев назад
Gary V Jab, Jab, Jab Right Hook. He was the OG before Alex Hormozi.
@DavidMonroeCCIM
@DavidMonroeCCIM 7 месяцев назад
Even as a Marine I couldn't take Gary's vulgarity.
@bradhreha2273
@bradhreha2273 7 месяцев назад
Got ya. Never had a problem with it myself.@@DavidMonroeCCIM
@DavidMonroeCCIM
@DavidMonroeCCIM 7 месяцев назад
If you want to join the Strategic Acquisition System™, here are the links to get started: goacquisitionpro.com/sas-checkout and use coupon code SAS1000 or goacquisitionpro.com/sas-checkout-monthly and use coupon code SAS100
@roylloyd5898
@roylloyd5898 7 месяцев назад
Great master class David Monroe, I learned real world knowledge! Thanks!!
@DavidMonroeCCIM
@DavidMonroeCCIM 7 месяцев назад
Thank you Roy, I'm glad you were able to learn a lot from it. NOW, what are you going to do with that knowledge?
@yanad9339
@yanad9339 7 месяцев назад
Great content! Thank you. Learned so much.
@DavidMonroeCCIM
@DavidMonroeCCIM 7 месяцев назад
You are so very welcome Yana!
@alfordelliott6943
@alfordelliott6943 7 месяцев назад
is there a video about finding strategic partner's/syndicators?
@DavidMonroeCCIM
@DavidMonroeCCIM 7 месяцев назад
There is in my Strategic Partnering Workshop, which is not on RU-vid, yet, and only available within my Strategic Partnering Community... I am getting ready to start updating the 50+hr course and renaming it to the Strategic Acquisition Workshop. Members of the Strategic Partnering Community will get to attend it live and I plan to put all the recording here on the YT channel as I record and render the videos. It's going to take 6 months of 2hr weekly live sessions to complete the update.
@SwethaBandla
@SwethaBandla 7 месяцев назад
The only person I will trust with UW ! Thank you. Is your spreadsheet available only for your community members?
@DavidMonroeCCIM
@DavidMonroeCCIM 7 месяцев назад
The spreadsheet in the training is not mine, so I cannot share it.
@victortaurizano6726
@victortaurizano6726 8 месяцев назад
Hi David, I a former CCIM student
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
Hi Victor! Did you get your CCIM Designation yet?
@joshuasyna2612
@joshuasyna2612 8 месяцев назад
Thank you David. This is so refreshing
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
You are very welcome Josh, and I'm getting ready to respond to your text, which I also saw on Messenger.
@commercialmultifamilymaste3482
@commercialmultifamilymaste3482 8 месяцев назад
Yes I look at median household income.
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
How do you use MHI in your underwriting?
@commercialmultifamilymaste3482
@commercialmultifamilymaste3482 8 месяцев назад
@@DavidMonroeCCIM rent evaluation. Make sure they can pay the rent.
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
@@commercialmultifamilymaste3482 What formula are you using to ensure they can AFFORD the rent?
@chaitanyautube
@chaitanyautube 8 месяцев назад
Awesome video. Thanks!
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
You are very welcome! Thank you for the comment...
@LearnFromHridoyChowdhury
@LearnFromHridoyChowdhury 8 месяцев назад
To reach your targeted audience,Your RU-vid Channel has Need to work Hello There, I recently visited your RU-vid channel (David Monroe, CCIM) and see you have some fantastic content. Do you want to increase your channel organically? Also, your video SEO score is very low. Your video has not been optimised the SEO, and For that not coming to the audience in your channel. SEO & keywords, IKC Thumbnail are the most important for RU-vid's top page and reach to the audiences. I will help you to SEO your video properly for organic growth. If you have any more questions feel free to ask me. I am waiting for your reply. Greetings and best wishes always. SEO specialist MD HRIDOY
@Walina-gv9ph
@Walina-gv9ph 8 месяцев назад
How are you calculating a "going in" cap rate?
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
Divide the ACTUAL NOI by the purchase price.
@Walina-gv9ph
@Walina-gv9ph 8 месяцев назад
@@DavidMonroeCCIM 1. How are you calculating the NOI? 2. What if the building is a new build vacant property? 3. How did you get the purchase price and, 4. Isn't it too late to try to calculate a cap rate AFTER your purchase?
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
@@Walina-gv9ph Here are my responses to your questions: 1. How are you calculating the NOI? - Potential rental income minus loss to lease/vacancy/credit loss equals gross rental income plus other income equals gross operating income minus operating expenses equals net operating income (NOI) 2. What if the building is a new build vacant property? - Then you have to do a full market feasibility to understand where the rents and expenses will be at stabilization. 3. How did you get the purchase price - The point at which your investment value for the property and the sellers wants and needs agree. 4. Isn't it too late to try to calculate a cap rate AFTER your purchase? - Too late for what? Cap rate is just a snapshot of what the property is doing at the exact moment in time.
@TheMeaningfulWorkMaven
@TheMeaningfulWorkMaven 8 месяцев назад
🔥🔥🔥
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
Thank you for the 🔥🔥🔥 comment, it's much appreciated!
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
If want to get all the rsources for this workshop you can follow this link to download them: drive.google.com/drive/folders/1yOUi9ZF9vwb5ss1Cfw-x4DwBqfxGwWqL?usp=drive_link
@alfordelliott6943
@alfordelliott6943 8 месяцев назад
this is a great serious, silly question, if you decide to assign the master lease/option what is the assignment fee in a hypothetical senerio
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
Whatever you want it to be keeping it a win/win/win scenario and still making sure the numbers work for the assignee.
@alfordelliott6943
@alfordelliott6943 8 месяцев назад
@@DavidMonroeCCIMi am part of the skool membership.do you have an example that maybe you've done or a student has done i can have a template of as a reference point.
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
@@alfordelliott6943 I'm not sure what you asking for. Email me at david@davidmonroeccim.com.
@TheMeaningfulWorkMaven
@TheMeaningfulWorkMaven 8 месяцев назад
🔥🔥🔥
@RealEstateWithRay
@RealEstateWithRay 8 месяцев назад
😂 "I hate stupid brokers" I AGREE 350%
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
That's awesome Ray! I was a stupid broker for too many years, but I never let my core values down and NEVER overpriced a property, which is why I rarely got listings... Food for thought!
@ahmadalassadi7190
@ahmadalassadi7190 8 месяцев назад
I really appreciate your knowledge that you pour into the community 🫶
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
Thank you Ahmad! I really appreciate your comment.
@alfordelliott6943
@alfordelliott6943 8 месяцев назад
this is phenomenal info, my question is if our opportunity is in bad markets i assume the recession phase, how do you know if a market is at point "14" of the chart or lower.....
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
You have to look at the rent trend, deliveries, absorption, and occupancy and see if the data is showing signs of worsening, improving, or slowing. Then determine where on the market cycle chart your going to plot based on the long term occupancy average.
@alfordelliott6943
@alfordelliott6943 8 месяцев назад
@@DavidMonroeCCIM if there is a decline in deliveries, absorption etc how do you determine what area of worsening your at? at 10:00 on this chart how do you determine if your at point 11 and point 12
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
@@alfordelliott6943 Experience. It's a judgement call, which means you need to know your market or been this kind of data for a long time.
@alfordelliott6943
@alfordelliott6943 8 месяцев назад
@@DavidMonroeCCIM since phoenix is at the worse point and nashville is at the middle point of the reccession should i use those markets as practice when knowing how far in the reccession phase i'm in as a beginner when looking through costar's data?
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
@@alfordelliott6943 For the MLO strategy you should use your local market, OR have a partner, not a vendor, in one of those 2 markets.
@TheMeaningfulWorkMaven
@TheMeaningfulWorkMaven 8 месяцев назад
🔥🔥🔥
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
Thank you for the 🔥🔥🔥
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
Here's all the resources you can download from the Master Lease Option Workshop: drive.google.com/drive/folders/1Od8ngB04QVxvVPGzyXzK_RBAlDin0MmM?usp=sharing
@brandiewilks4789
@brandiewilks4789 8 месяцев назад
David your videos are literally master-level classes in RE. Thank you!
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
Thank you very much Brandie. That really means a lot to me!
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
If you have not looked at the playlist description yet, here's all the resources you can download from the Master Lease Option Workshop: drive.google.com/drive/folders/1Od8ngB04QVxvVPGzyXzK_RBAlDin0MmM?usp=sharing
@swetha28
@swetha28 8 месяцев назад
You really do such a great service by teaching with such passion . I will forever be your student . Thank you . I would love to be a part of your community
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
Thank you Swetha, that means a lot to me. I have approved your request in the Off-Market Club...
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
If you click on the link to the Multifamily Underwriting Fundamentals Workshop Playlist; ru-vid.com/group/PLcxO-VurHkXaCTD4geZEgeDzQTa3h5VRD you will find the link for the Google Drive folder that contains all the resources from this workshop. I would also recommend saving the playlist on your RU-vid account for future viewing and refresher when needed.
@RealEstateWithRay
@RealEstateWithRay 8 месяцев назад
Registered!
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
I assume this is what our scheduled meeting is for tomorrow?
@RealEstateWithRay
@RealEstateWithRay 8 месяцев назад
@@DavidMonroeCCIM yes correct. Me you and Kevin spoke yesterday but I was unaware of this program. So I personally would be interested
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
@@RealEstateWithRay Roger that. BTW, the DFY Strategic Acquisition System is included with the certification!
@alfordelliott6943
@alfordelliott6943 8 месяцев назад
how can i sign up so i can be apart of the webinar
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
There is no sign up Alford. This and the other 2 videos are the entire workshop that others paid $997 to get access to. Make sure you click on the title of the playlist so you can get access to all the resources.
@alfordelliott6943
@alfordelliott6943 8 месяцев назад
​​@@DavidMonroeCCIMit's hard to get an acquisition fee if you don't understand what the seller wants vs what a buyer is willing to pay without negotiating
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
@@alfordelliott6943 If you cross that line of negotiating without a real estate license then you are violating real estate license laws. Let the buyers do their own negotiations. You are just acting as an acquisitions consultant, not a broker.
@alfordelliott6943
@alfordelliott6943 8 месяцев назад
@@DavidMonroeCCIM that's going to be take tough cause there needs to be trust worthy buyer(s) you can pass it off to. Also do the violating real estate license law apply to all states? ps i like the acquisitions consultant title
@DavidMonroeCCIM
@DavidMonroeCCIM 8 месяцев назад
@@alfordelliott6943 Yes it applies to all states and it's not meant for cold buyers. You need to get a signed NDA and fee agreement before sending ANY information.