32: Mark Kenny: How to Become and Educated Investor

Results Radio with Shawn Shewchuk

View full show notes, resources, and more at YourResultsRadio.com/32

Have you wanted to invest in Real Estate, but you’re worried about the risks in market changes?

The first thing I want to address, is that there is always risk in everything. You can’t let risk hold you back, because there is no such thing as a guarantee.

But secondly, there is a solid investment strategy that can be less likely to be impacted by market fluctuations: Multi-Family Real Estate.

Everyone needs a house, and when it comes down to multifamily housing is one of the safest choices.

Not everyone can afford a mansion, and not everyone is ready for a single family home.

Nearly everyone who wants to be on their own, or or is just starting a family, lives in a multi-family home.

To dive further into the topic, I bring you one of the best mings out there when it comes to real estate: Mark Kenney.

Mark Kenney is a seasoned real estate investor, entrepreneur and founder of Think Multifamily. Mark started his real estate career over 20 years ago and has extensive experience in property valuation, acquisition, and operations.

He has a passion for helping other succeed in the multifamily arena.

Mark is invested in over 1,200 units and has a top-notch reputation among the multifamily investment community for providing exceptional value to investors and the community while being easy to work with.

Download this episode now to learn how you can build a winning team in Real Estate.

“At the end of the day, you need an ongoing education that goes very deep.”

Highlights

• It takes a little crazy to take the risks associated with Real Estate investment.
• Real Estate is a skill that is teachable.
• Surround yourself by people who have been where you want to be.
• Multi family buildings tend to do better in any market.
• Lenders are more stringent after 2009.
• What investors are attracted to changes over time.
• Team up with other people that have other skill sets.
• Apartment investing is different than investing in homes.
• You’re never going to have 100% information.
• Don’t try to force a deal on an investor.
• As an investor, you’re not personally liable.
• Get in with something small to get the experience.
• Only take investment money people can afford to lose.
• The most important words in Real Estate are, “My partners and I.”
• You need something of value, and everyone has something they are good at.
• Don’t try to do it all. Build relationships.