{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"What to Know Before Investing in Multifamily \u2014 with Tamiel Kenney","description":"Most multifamily content focuses on how to find deals. This episode focuses on what to know before you invest in one. Tamiel Kenney \u2014 28-year investing partner to Mark and a GP on over 120 deals \u2014 takes the mic solo to cover the fundamentals that newer investors get wrong and the structural advantages of multifamily that experienced investors keep coming back for. In this episode you will learn: \u2022 How Tamiel and Mark have paid zero federal income taxes since 2016 \u2014 and why non-recourse debt changes the risk equation for multifamily investors \u2022 Cap rates explained clearly \u2014 what they are, how they determine property value, and why the NOI multiplier effect is multifamily\u2019s biggest advantage \u2022 The four most common and costly mistakes Tamiel sees new investors make \u2014 including the one that quietly costs hundreds of thousands of dollars \u2022 Why getting only one property management budget is a mistake \u2014 especially in a new market \u2022 Why being undercapitalized is the mistake that damages deals most \u2014 and why you can\u2019t rely on lender reimbursement timing to save you \u2022 Recommended Think Multifamily episodes for going deeper on deal analysis: Eps. 82, 144, and 145 A grounded, experience-first episode for anyone who is new to multifamily or wants to sharpen the fundamentals. 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":"