1 rich Libsyn https://www.libsyn.com 90 600 There are things you only learn after 100-plus multifamily transactions. In Part 1 of this three-part series, Mark Kenney delivers the opening section of his live 125-tip presentation — and gets right into the lessons most people learn the hard way. Market stats, team-building mistakes, and the distressed property story that ended with a million dollars in vandalism damage. In this episode you will learn: • What national market data actually says about multifamily right now — and why the “did you miss the train” narrative doesn’t hold up • The rent-to-value multiplier: why a $125 rent increase equals $30,000 in per-unit value at a five cap • Why defining your criteria before talking to brokers saves everyone’s time — and the realistic capital raising reality most new syndicators underestimate • The million-dollar vandalism story: what happened after Mark bought a deeply distressed property and why he no longer buys at 0% occupancy • Why Mark wants one neck to choke on CapEx — and what goes wrong when you split work between a GC and in-house property management • Insurance and mortgage brokers: why shopping multiple simultaneously is a mistake — and how to tell real equity groups from debt providers This is Part 1 of a three-part series. Continue with Episodes 133 and 134. Join us at our next event at https://thinkmultifamily.com/event Subscribe to the Think Multifamily Podcast on Apple Podcasts and Spotify. &amp;nbsp; Read the full podcast shownotes, timestamps, resources, and key insights from this episode here: Podcast Show Notes Think Multifamily Podcast https://thinkmultifamily.com <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/25455966/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/25455966