E309 Mark Kenney – How to Invest, Grow, and Scale in Multifamily Real Estate, Navigating Challenges and Overcoming Setbacks

Elevate with Tyler Chesser - The Real Estate Podcast for Investing, Mindset and Personal Development

25-07-2023 • 1 hr 3 mins

In this episode, Tyler sits down with Mark Kenney, a highly respected voice in the multifamily real estate industry. Mark shares timeless wisdom and strategies used by successful investors in the real estate market. He also discusses how to navigate challenges, leverage setbacks, and develop a mindset that leads to success. Mark's wealth of experience and knowledge, having acquired over 18,000 units and $1.5 billion worth of assets, makes this episode extremely valuable for anyone looking to elevate their real estate investment game.

✅KEY POINTS ✅

✅ Patterns of successful investors: Mark Kenney discusses the patterns and strategies that successful investors in real estate utilize to optimize their investments.

✅ Navigating today's marketplace: Kenney talks about how successful investors are interacting with the challenges and opportunities of today's real estate market.

✅ Mindset and leveraging adversity: As someone who has acquired over 18,000 units and managed over $1.5 billion worth of assets, Kenney emphasizes the importance of mindset in investing.

✅ Advice to his younger self: Kenney reflects on what advice he would give himself when he first started investing in real estate.

✅ Continuing to invest in oneself: One of the key patterns of successful investors that Kenney highlights is their commitment to continually investing in themselves.

LINKS TO BOOKMARK

Keep up with the Elevate Podcast: https://elevatepod.com/

Interested in investing with Tyler? Visit https://www.cfcapllc.com/

Ready to boost your web presence? Visit www.sharpwilkinson.com/

FIND MARK

Instagram https://www.instagram.com/markkenney.re/

Twitter https://twitter.com/InvestTMF

Facebook https://www.facebook.com/multifamilyinvestors/

LinkedIn https://www.linkedin.com/company/thinkmultifamily.com

NAMES & BOOKS

The Road Less Stupid? By Keith J. Cunningham https://www.amazon.com/The-Road-Less-Stupid-audiobook/dp/B07DJWQ7JN/ref=sr_1_1?crid=S4F5N774FY9B&keywords=The+Road+Less+Stupid%3F&qid=1689177139&sprefix=%2Caps%2C428&sr=8-1

💥QUOTES💥

💥“Spread your risk around. Another deal will come along. Don't get pushed into a deal. Don't feel like you're being pressured to invest in a deal.” - Mark Kenney

💥 “Don't kick yourself later and say, oh, I should apply at all after putting all my money into this deal, I should have done all this. It's just not reality. Nobody can turn back the clock, so make wise decisions.”  - Mark Kenney

💥 “Fortunately, unfortunately, the lessons learned are by actually doing.” - Mark Kenney

💥 “I've had those failures. I've had mistakes made. And it doesn't mean you never get stressed or life is easy. But it does allow you to really look at things and put in perspective.” - Mark Kenney

💥 “Can you honestly look at yourself in the mirror, honestly, and say, I did everything I can?” -  Mark Kenney

💥 “If you surround yourself with people that are doing what you want to do, then they're going to be able to elevate themselves up to a new level.” - Mark Kenney

ABOUT MARK  Mark Kenney is a seasoned real estate investor, coach, and co-founder of Think Multifamily. With over 25 years of experience in the industry, he has acquired over 18,000 units and managed assets worth over $1.5 billion across 14 states. Mark began his apartment investing career as a side hustle while working over 80 hours per week in the corporate world. He is a graduate of Michigan State University in accounting and has a CPA background. In addition to his real estate expertise, Mark has also provided consulting and IT services to Fortune 500 companies.

BROUGHT TO YOU BY CF CAPITAL

CF Capital is a national real estate investment firm, with a mission to provide property investment and asset management solutions to help investors like you maximize through high-value multifamily communities.

If you are looking for risk-adjusted alternative investments and seeking tax optimized cash flow without all the hassle of management, you might benefit from investing alongside our team.

You’re invited to reach out and learn how you can invest with us by visiting cfcapllc.com.

Sponsored by Sharp Wilkinson

This episode of Elevate is sponsored by Sharp Wilkinson, a boutique digital marketing and sales agency specializing in leveraging data to optimize and deliver the results that matter to you and your business.

For the organization that needs to cut through the noise, Sharp Wilkinson is your marketing partner—always ready to take action—and help you grow with proven, data-driven marketing and sales strategies.

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