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Lifetime Cash Flow Through Real Estate Investing

Ep #189 - Mark Kenney Has a Portfolio of 2,000+ Multifamily Units valued at $135 Million

Lifetime Cash Flow Through Real Estate Investing

Rod Khleif

Passive, Estate, Family, Business, Management, Income, Multifamily, Apartment, Education, Multi, Property, Commercial, Real, Investing, Investor

4.81.4K Ratings

🗓️ 25 December 2017

⏱️ 36 minutes

🧾️ Download transcript

Summary

Here's Some Of What You Will Learn:

  • Different options to get started in the business.
  • The benefits of purchasing larger units for bigger profits.
  • The importance of having enough cap-x money to improve the property and raise rents.
  • The difference between a Freddie mac loan versus a Fannie Mae loan.
  • The importance of building a team and who to have on your team.
  • The importance of having a good property management company.
  • The importance of having a mentor or sponsor to get started with someone experienced.
  • The benefits of having partners during deals to be able to take down larger deals.
  • The importance of being able to learn from mistakes.
  • The importance of having good communication with your team.
  • Tips for finding a good management company.
  • The importance of calculating all funds needed before buying a deal.
  • Tips on where to spend cap-x money to add value and increase rents.
  • The importance of due diligence and taking vacant units into account.
  • The importance of making sure the property has little to no violations with the city before purchase.
  • The importance of having a proper exit strategy and buy/sell agreement with partnerships.
  • The importance of making sure you get educated and purchase in the right area.
  • The benefits of having a good due diligence inspection report with estimates.
  • The benefits of focusing on cashflow instead of appreciation of property value.
  • The importance of having a motivator to get started.
  • The option of loan assumption to acquire a property.
  • The factors to look at when evaluating properties that may be a great deal.
  • The importance of being committed to success in the business.
  • The benefits of incorporating your spouse into the business.

Our Guest

You can learn more about Mark Kenney at:

http://thinkmultifamily.com/

Want to build Lifetime Cash Flow from Multifamily Properties?

If you’re committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business! - if you'd like to receive information about our program, text CRUSH to 41411 now.

Recommended Resource

  • Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link:

    http://www.meetme.so/RodKhleif2

Review and Subscribe

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome. This is the Lifetime Cash Flow through Real Estate Investing Podcast.

0:06.0

This is where you learn strategies to help you achieve lifetime financial freedom through real estate investment.

0:12.0

Your host Rod Cleef has owned over 2,000 homes in apartments.

0:17.0

And he brings experts in all aspects of real estate investment and management onto the show.

0:22.0

Now, here's your host. investment and management onto the show.

0:23.0

Now, here's your host, Rod Cleese.

0:27.0

So, 2017 is over.

0:30.0

How have you done this year?

0:32.0

Have you taken action towards your dreams? Are you going to crush it in multi-family real estate in 2018?

0:39.0

If not yet and you're ready to start and you're not going to let another year pass without

0:44.0

pushing towards your dreams let me help you I've created an awesome accelerated

0:48.9

course and coaching program that's fantastic and my students are buying properties. They're syndicating deals. They're raving about the course the they're raving about the coaching the support and I personally coach you

1:00.7

So if you're ready to get serious and not let another year slip by, text the word

1:05.4

crushed to 414-1. We'll have you fill out a short questionnaire and then we'll set up a strategy

1:10.7

call with you. You owe it to yourself and your family

1:14.5

to make this happen.

1:15.8

Just text crush to 414-1 and start the process.

1:19.3

I also want to let you know, we just locked up the dates

1:21.5

for my next three- day multifamily boot camp in

1:24.3

LA it's gonna be April six seventh and eight's it's a three day live event

1:28.3

right teach you everything you need to know to buy your first apartment

1:32.1

building in 90 days and start building your own cash flow.

...

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