{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Becoming a Multifamily Sponsor Part 1 \u2014 Skills, Mindset, Partnerships & How to Scale Without Burning Out","description":"Most people who want to become a multifamily sponsor think the barrier is knowledge. It isn\u2019t. 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\u2019t \u2014 and what the common mistakes look like before you ever close your first deal. In this episode you will learn: \u2022 The six roles on a multifamily deal \u2014 and how to figure out which one you\u2019re actually suited for \u2022 Why investing passively in a deal teaches you 1% of what you need to know as a GP \u2014 and what you should do instead \u2022 The one factor the annual FSG survey consistently identifies as the biggest predictor of success (it\u2019s not knowledge or market timing) \u2022 The mental characteristics that predict who makes it and who burns out \u2014 and why money-only motivation tends to end badly \u2022 The doing-too-much-too-fast failure mode: too many deals, raises that are too large, and the asset management vs. acquisitions trap \u2022 Why people almost universally overvalue their contribution to a partnership \u2014 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.   Read the full podcast shownotes, timestamps, resources, and key insights from this episode here: Podcast Show Notes ","author_name":"Think Multifamily Podcast","author_url":"https:\/\/thinkmultifamily.com","html":"