What to Know Before Investing in Multifamily — with Tamiel Kenney

What to Know Before Investing in Multifamily — with Tamiel Kenney

Author: Mark & Tamiel Kenney May 4, 2023 Duration: 7:37

Most multifamily content focuses on how to find deals. This episode focuses on what to know before you invest in one.

Tamiel Kenney — 28-year investing partner to Mark and a GP on over 120 deals — 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:

• How Tamiel and Mark have paid zero federal income taxes since 2016 — and why non-recourse debt changes the risk equation for multifamily investors

• Cap rates explained clearly — what they are, how they determine property value, and why the NOI multiplier effect is multifamily's biggest advantage

• The four most common and costly mistakes Tamiel sees new investors make — including the one that quietly costs hundreds of thousands of dollars

• Why getting only one property management budget is a mistake — especially in a new market

• Why being undercapitalized is the mistake that damages deals most — and why you can't rely on lender reimbursement timing to save you

• 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.

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Read the full podcast shownotes, timestamps, resources, and key insights from this episode here: Podcast Show Notes


Mark and Tamiel Kenney built something remarkable, turning a single duplex into a portfolio of over sixty-five hundred units in just three years. On the Think Multifamily Podcast, they pull back the curtain on exactly how they did it, moving beyond theory to share the tangible, week-by-week steps that define real success in apartment investing. This isn't about sacrificing your time or freedom; it's a practical conversation about building a legacy that actually works for your life. Each episode feels like a direct conversation with the Kenneys, filled with the specific insights and hard-won lessons from their own journey. You'll hear them break down complex deals, discuss market shifts, and explore the mindset required to navigate the challenges and opportunities in multifamily real estate. Tune in for a straightforward, content-rich dialogue that cuts through the noise, offering a clear path for anyone serious about creating lasting wealth through property. This podcast provides the kind of actionable guidance that only comes from hosts who have walked the path themselves.
Author: Language: English Episodes: 50

Think Multifamily Podcast
Podcast Episodes
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