1 rich Libsyn https://www.libsyn.com 90 600 Most people who want to become a multifamily sponsor think the barrier is knowledge. It isn’t. In Part 1 of this two-part series, Mark Kenney tells Tyler Lyons of the Cash Flow Connections Real Estate Podcast what actually separates investors who break through from those who don’t — and what the common mistakes look like before you ever close your first deal. In this episode you will learn: • The six roles on a multifamily deal — and how to figure out which one you’re actually suited for • Why investing passively in a deal teaches you 1% of what you need to know as a GP — and what you should do instead • The one factor the annual FSG survey consistently identifies as the biggest predictor of success (it’s not knowledge or market timing) • The mental characteristics that predict who makes it and who burns out — and why money-only motivation tends to end badly • The doing-too-much-too-fast failure mode: too many deals, raises that are too large, and the asset management vs. acquisitions trap • Why people almost universally overvalue their contribution to a partnership — and how to structure equity before it becomes a problem This is Part 1 of a two-part series. Continue with Episode 136. 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/25891020/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/25891020