#63: Talking Deals with a Syndicator and CPA with Mark Kenney

podcast Jul 15, 2020

I love multifamily accounting. I know that sounds crazy. Who loves accounting? But I had the opportunity to talk about multifamily accounting with Mark Kenny - a bona fide CPA and multifamily investor. I can only believe that he never thought our conversation would be this fun.

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Talking Deals with Syndicator and CPA with Mark Kenney 

Mark is a seasoned real estate investor, coach, two-time best-selling author, and founder of Think Multifamily. Mark started his Apartment Investing career over 20 years ago as a side hustle, while working 70-80 hour work weeks in the corporate world.

He has purchased over 8,000 units in just the past few years in five different states. He is frequently asked to speak at Real Estate events and has a desire to help others learn how to get started and go bigger with apartment investing.

Mark has a passion to help others achieve success quickly in multifamily investing. He specializes in educating others on how to go BIG, fast through syndication! In his first year of coaching, he helped others acquire 6,000+ apartment units worth over $380M. The smallest deal any of his students purchased is 90 units...so, it is possible to go BIG, fast even if you don’t have any experience! His coaching style is “no fluff” and he is passionate about results and providing unmatched service!

Mark is a graduate at Michigan State University in Accounting and is a CPA. He has also provided IT consulting for 20 years and is leveraging his vast IT experience to bring new creative technologies that will help others in the multifamily space. He has worked for organizations such as KPMG Consulting, EDS, SAP, HP, and founded Simplifying-IT which provides IT services to fortune 500 companies.

In this episode you'll learn: 

  • Good vs bad income 
  • Where Mark is buying his deals 
  • Types of accounting scams to be aware of 
  • Understanding the story of the property 
  • Understanding concessions
  • Types of deals Mark looks for 
  • The different types of expenses to check out 
  • Differences between a good and bad lender 

Connect with Mark: 

Mark's Website

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