Apartment Building Renovations - Tips From an Expert

Oct 8, 2020

In this episode Mark and Mike dig into the renovation process of apartment buildings.  If your strategy is to renovate units in your apartment building to achieve higher rents, this episode is a must-listen.  

Hosts Mark and Mike interview Mark Yataco - an experienced contractor in the commercial residential industry - to showcase the details one should consider when undertaking project requiring apartment building upgrades.

With 20 years of experience in the renovation industry, Mark Yataco has built a team under the JMH Canada brand while creating strategies for various renovation approaches that align to business objectives. His experience over the years covers a wide array of strategies including single family home flips, duplex conversions,10-100+ unit apartment buildings, common area renovations, amongst more. Guaranteeing move-in ready units, JMH Canada’s priority is to provide all renovations with maintenance-minded designs to minimize ongoing costs.

In Mark’s latest endeavour, he has continued to partner with apartment investors to find underperforming commercial multifamily properties, allowing him to apply a BRRR strategy. 

In this interview, we dive into the following topics:

• What the contractor and investor working relationship should look like
• Due diligence process of renovations and what to look out for
• When renovation permits are needed 
• Advice for investors on multi-unit renovations and maintenance   
• Differences between investor-focused contractors vs. residential or retail contractors
• Tips on how to optimize your next apartment building renovation
• Benefits of heat pump installation

 

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Connect With Our Guest:

Mark Yataco – Owner and Contractor, JMH Canada

Facebook: @jmhcanada

Instagram: @jmhcanadareno

Website: www.jmhcanada.com

Email: [e-mail] 

 

Connect With Us:

Peak Multifamily Investments

Instagram: @peakmultifamily

Facebook: @peakmultifamily

Facebook Group: Apartment Building Investors Network

LinkedIn: Peak Multifamily Investments

Email: [e-mail]

Website: www.peakmultifamily.ca 

 

Mark Baltazar - Co-Founder, Peak Multifamily Investments

Instagram: @mark_baltazar

Facebook: Mark Baltazar

LinkedIn: www.linkedin.com/in/mark-baltazar

Email: [e-mail]

 

Mike Rockall - Co-Founder, Peak Multifamily Investments

Instagram: @rockallrealestate

Email: [e-mail]

 

More Resources:

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