What does 30 years and 119 deals actually teach you about analyzing multifamily investments? In Part 1 of the Live Deal Analysis Workshop, Mark Kenney puts you in the room.
This is a raw, unfiltered recording from a Think Multifamily live event — deal criteria, property classes, building red flags, and why the offering memorandum is a marketing document you should never fully trust.
In this episode you will learn:
• How to define your deal criteria before you approach a broker — and why getting this wrong wastes everyone's time
• What property class A, B, C, D actually means beyond the letter — and the building characteristics that change your risk profile
• The chiller story: what happens when your HVAC goes out in July across 208 units and you can't get the part for three weeks
• Non-recourse vs. recourse debt explained — and what the Houston foreclosure story actually tells us about bad boy carve-outs
• Why offering memorandums are marketing brochures — not legal documents — and the aluminum wiring example that proves it
• What to actually look for in an OM and how to use it without relying on it
This is Part 1 of a two-part series. Continue with Episode 145 for occupancy, CapEx, property taxes, and more.
Join us at our next event at https://thinkmultifamily.com/event
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