{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"How to Analyze a Multifamily Deal \u2014 What Mark Kenney Looks For First","description":"Think Multifamily teaches deal analysis over three full days. What Mark shares in this episode is the condensed version \u2014 and it's still more actionable than most full courses on the subject. In this solo episode, Mark Kenney walks through the exact questions he asks when a coaching client submits a multifamily deal for review. From the first pass to exit assumptions, this is how experienced operators actually stress-test a deal. In this episode you will learn: \u2022 Why CapEx below $5,000 per door is an immediate red flag \u2014 and what the right rehab timeline actually looks like \u2022 The critical differences between bridge loans and Fannie\/Freddie on closing costs, CapEx funding, and interest-only periods \u2022 How to compare your underwriting against the T12 and PM budgets line by line \u2014 and what gaps to look for \u2022 Why you should never undercut the property management company's own payroll estimate in your model \u2022 How to spot exit cap rate and year-over-year income assumptions that make a weak deal look like a strong one This episode is required listening before you analyze your next deal \u2014 or review one someone else submitted to you. Ready to go deeper on deal analysis in person? Join us at our next live 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 ","author_name":"Think Multifamily Podcast","author_url":"https:\/\/thinkmultifamily.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/27372684\/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>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/27372684"}