Peak Multifamily Investments W/ $40M AUM & Starting a REIT

<p><span style="font-weight: 400;">We have great guests who just launched their new apartment building REIT, a real estate investment trust. If you don’t know what that is, it’s like a fund where the underlying is a bunch of apartment buildings and regular investors like you and I can own shares in the fund to participate in the investment. </span></p> <p><span style="font-weight: 400;">Mike Rockall and Mark Baltazar our guests today are the founders/owners of Peak Multifamily Investments and I’ve known Mike a long time, we met sometime around 2010 as we were members of the same real estate investing network.  I know I talk like an old person because I am but I knew Mike when he was still in college but thanks to hard work, surrounding himself with go-getters, great mentorship he’s been full time in apartment buildings for several years and now co-founder his own REIT.</span></p> <p><span style="font-weight: 400;">On the show we discuss the journey and get a bit detailed in how and the costs to start a REIT, who they have to hire and partner with to raise capital. We touch on securities regulations which anyone listening who raises capital should pay special attention if you want to stay out of trouble with our securities commission. </span></p> <p><span style="font-weight: 400;">if you’re ever looking to partner as Mike and Mark share how their partnership works, roles and responsibilities, how they organise their business and of course we break down some recent deals and discuss the make up of their portfolio, cap rates how they increase value. </span></p> <p><span style="font-weight: 400;">Something I want folks to pay attention to is cash flow and I want to thank Mike and Mark for being transparent on where the cash flow comes from as it’s not what many people think.</span></p> <p><span style="font-weight: 400;">You can learn more about their business, Peak Multifamily Investments at</span> <a href= "https://peakmultifamily.ca/" target="_blank" rel= "noopener"><span style= "font-weight: 400;">https://peakmult