The Big Breakthrough

The Path to 2700 Units with Mark Kenney


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Mark was in college when he made his first offer on a duplex. He leaned on the opinions of a family member who didn't have any real estate experience

Mark started in real estate on the side while he was working full time in IT

Mark's Big Breakthrough was the realization that he couldn't work full time while managing a bunch of small properties - he needed to syndicate and do bigger deals in order to devote all of his time to real estate

Most people want more for themselves and their families, but are they willing to sacrifice the time to make those dreams reality?

Everyone says they want to do something, but they know the steps to take - will they do it?

Don't discount the experience of working on smaller properties - it teaches you the basic concepts and basic steps, but you don't need to start small to do larger multifamily deals. Also, don't keep working on the small properties if you want to work with larger ones. After getting the experience of 1 or 2, you won't gain any more at properties 3, 4 , or 10

Mark's first mentor was a commercial broker. His second mentor was focused on mindset, which Mark thought silly at first but now sees the value in

Mark's hardest obstacle in real estate to overcome was a bad partner

If you buy into an existing LLC, you buy into potential issues that you don't even know about. Mark did that once and never will again

If the deal works financially and it's a good deal that meets your investment goals, it doesn't have to be a killer deal. Don't hold out only for killer deals in today's market

Don't let emotions impact your financial / investment decisions

Mark's routine includes going to the gym, at least a little alone time, and treating people equally

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The Big BreakthroughBy James Gregg