How to Analyze a Multifamily Deal — What Mark Kenney Looks For First

Think Multifamily teaches deal analysis over three full days. What Mark shares in this episode is the condensed version — 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:

• Why CapEx below $5,000 per door is an immediate red flag — and what the right rehab timeline actually looks like

• The critical differences between bridge loans and Fannie/Freddie on closing costs, CapEx funding, and interest-only periods

• How to compare your underwriting against the T12 and PM budgets line by line — and what gaps to look for

• Why you should never undercut the property management company's own payroll estimate in your model

• 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 — 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

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