Discover what other bigger lever in wealth creation can help you make a better acquisition

The higher a cap rate the lower the value of a property, meaning you pay less for your apartment building and you have a smaller down payment or less money to raise. Is purchasing higher cap rates properties the best strategy?

Higher cap rate markets or not?

In this 1 hour, we'll see why it is a major mistake to look only at cap rate when investing in multifamily real estate.

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Instructor

Nikolai Ray   |   CEO of MREX

Nikolaï is the founder and CEO of MREX as well as a professor in real estate financial engineering at MREX College. He’s regarded as one of North America’s leading experts in apartment investing with over $10 billion in analysis, underwriting, and transactions. A leading expert in real estate financial engineering, he’s often called to stand in as a teacher, adviser, and speaker. Prior to founding MREX, he founded and sold a real estate investment banking firm. He is also a successful multifamily real estate investor and developer specializing in heavy value-add, opportunistic, and even ground-up developments with over 30 apartment building acquisitions in the last 15 months. Ex-professional ice hockey player and 3-time Olympic chief of human performance, Nikolai studied biomechanics at the undergraduate level and preventive medicine at the post-grad level. A successful entrepreneur for over 15 years having founded 4 companies and one non-profit organization, this has led to the creation of hundreds of jobs and numerous patents pending. Born in Quebec City and raised in Los Angeles, he comes from a prominent Bengali family including the likes of Academy Awards Lifetime Achievement laureate Satyajit Ray and Nobel Prize nominee Satyendra Nath Bose. He is also the proud father of 4 and splits his time between Montreal and Miami.