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The Money School Podcast shares the secrets of the wealthy, so you learn how money really works and take back control of your life!

You'll hear the inside story of wealthy entrepreneurs and investors... breaking down how they got started, how they think about money, how they put money to work for them, and how you can change your life simply by doing ONE thing differently with the money you already have.

Through the podcast, you'll become your own bank - mastering how money really works - so you can use it to gain the upper hand and take command of your finances. After all, building wealth isn't about resources, it's about being resourceful. 

Hosted by Chris Naugle, former pro snowboarder turned real estate investor, serial entrepreneur, and money mentor, this podcast has one mission - to show you how money really works so you can reclaim control of your life!

Nov 14, 2019

When we’re new to the investing world, so many obstacles can come our way - whether it’s choosing what to invest in, where to invest, or building credibility in the market. This week's guest faced all these initial hurdles but still managed to build a multifamily investment operation with 4300 units. How did he overcome both internal and external obstacles to build this amazing business? Why are long-holds overtaking flips? Why do we need to rethink the kind of value we can bring to the table?

On this episode, Mark Kenney shares his investing journey and how he got out of his own way to achieve success as the co-founder of Think Multifamily. 

There are certain aspects of the multi-family business that are harder to pick up, and the two hardest areas are raising money and deal analysis. - Mark Kenney

Three Things We Learned

Flipping has become increasingly more difficult, and the margins are diminishing. People are turning to long-holds, and multi-family units are a good option. 

 

Having a social media following is useless unless we’re leading those people into our email lists. We don’t have to be an expert at social media but we can put together a real plan that drives traffic to our business lines. 

 

Deal analysis is a key skill investors need to have at every level. We need to be able to see if the deal has merit or not before we commit any money or resources.

 

Guest Bio- 

Mark is Co-Founder & CEO of Think Multifamily. He has invested in over 4,000 units. He has a reputation among the multifamily investment community for providing exceptional value to investors and the community while also being easy to work with. Visit https://www.thinkmultifamily.com/ for more information, and to find out about the events and training their group offers, or feel free to email them directly.