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All Forum Posts by: Tamiel Kenney

Tamiel Kenney has started 27 posts and replied 144 times.

Register for The Passive Investing Real Estate Summit

(Use Code: BP200 for $200 OFF Tickets!)

WHAT IS THE
PASSIVE INVESTING REAL ESTATE SUMMIT

A 1-Day powerhouse event, with a packed agenda full of dynamic speakers!

Whether you’re an investor looking to diversify and protect your assets, or you’d like to create cash-flow and build wealth, this is a can’t-miss event!

Learn why investors are flocking to Apartment (multifamily) investing as we dive into the best strategies to help you get started!

If you’re a seasoned investor, join us to benefit from our decades of experience and network to expand your investment portfolio.

WHO IS THIS FOR

  • - If you are an investor who is concerned about the safety of your money in the stock market, and looking to protect your wealth…this event is for you!
  • - If you are a working professional who is dissatisfied with the performance and costly fees of traditional 401k and IRA investments, and looking for more lucrative returns…this is for you!
  • - If you are an investor who is tired of paying excessive taxes and looking for ways to keep more of your money…this is for you!
  • - If you are an investor who is most concerned about preserving your capital and wanting to diversify your money into hard assets…this event is for you!

APARTMENT INVESTING (MULTIFAMILY) IS AN INCREDIBLE WEALTH STRATEGY BECAUSE:

  • - Multifamily performs better than other assets, especially in a recession, providing you more protection than traditional stock-market investments.
  • - Multifamily Investments offer substantial tax benefits, providing rewarding write-offs against your other income.
  • - Multifamily properties are valued based on performance rather than comps, allowing for significant increase in value and profitable returns (annualized returns targeted at 16% – 21%).
  • - Learn how a team of seasoned operators manage the assets, allowing you to experience passive cash flow and watch your wealth grow, without ever having to deal with the headaches of property management.

Register for The Passive Investing Real Estate Summit

(Use Code: BP200 for $200 OFF Tickets!)

Post: Deal Analysis Workshop for Apartment Investors

Tamiel KenneyPosted
  • Investor
  • Dallas, TX
  • Posts 168
  • Votes 194

GET YOUR TICKET NOW

WHAT IS THE DEAL ANALYSIS WORKSHOP

Are you interested in investing in apartments but worried that you might make the wrong decision because you don’t have the advanced skill set to properly analyze the deal?

Or are you a syndicator who’s buried in a pile of cumbersome spreadsheets but not really sure what to look for?

Knowing the exact formulas and methodology to analyze any multifamily deal is the key to your success, and lacking this skill set can be very costly.

Ready to eliminate the frustration and make better investing decisions? Join us at the Deal Analysis Workshop as we dive into case studies of how we analyze real deals!

We’ve found great success using individual and group learning techniques in this HANDS-ON workshop. We’re certain that after spending 2 days with us, you’ll leave with more confidence, more clarity, and more connections to fast track your success!

*PERSONAL LAPTOP REQUIRED TO ATTEND WORKSHOP

GET YOUR TICKET NOW 

  WHO IS THIS FOR?

  • Passive Investors who want to know exactly what to look for in future investment deals, so they can make better investing decisions
  • Aspiring or Experienced Syndicators who are serious about accurately and proficiently underwriting multi-million-dollar deals.

Highlights of What We will Cover:

  • * The Exact Formulas and Methodology That Has Helped Us Successfully Acquire and Operate Over 6,500 Apartment Units
  • * How to Evaluate a Deal Based on the Various Types of Targeted Returns: (Total Return on Investment, Cash-on-Cash, and IRR)
  • * How to Stress-Test a Deal and Determine Its Probable Performance Using Various Scenarios
  • * How to Create Pro Formas Using Real Deals to Ensure You’re Aligned with Industry Standards + Understand How to Compare to the PM’s Budget
  • * What to Immediately Evaluate to Determine if a Deal is Worth Pursuing, Saving You Time as You Improve Your Efficiency
  • * Identify Red Flags: Discover How to Find Seemingly Small Mistakes That Can Blow an Entire Deal
  • * How to Model Various Loan Types (Bridge, Agency, Assumptions) to Determine the Effect on Investor Returns and Deal Viability
  • * And Much More!

GET YOUR TICKET NOW 

YOUR INSTRUCTOR: MARK KENNEY

Built on a strong foundation of 25+ years of real estate investing experience and a portfolio of 6500+ apartment units, Think Multifamily’s founders, Mark & Tamiel Kenney, are seasoned experts who truly care about the success of every client.

Think Multifamily is a leading Multifamily Acquisition & Education company that prides itself on a family-oriented approach to business. Mark & Tamiel have built a dynamic organization that provides both educational resources and investing opportunities to meet every investor’s needs at each stage of their investing journey.

The company’s foundation and core are firmly planted in Servant Leadership, Authenticity, Transparency, & Integrity.

Post: Passive Investing Real Estate Summit

Tamiel KenneyPosted
  • Investor
  • Dallas, TX
  • Posts 168
  • Votes 194

TICKETS pricing ranges depeding on seating selection and time of purchase...

USE CODE BP100 for $100 OFF TICKETS.

https://thinkmultifamily.com/passive-investing-real-estate-summit/

Post: Dallas FIRE Summit 2020 - Learn to Invest in Apartments

Tamiel KenneyPosted
  • Investor
  • Dallas, TX
  • Posts 168
  • Votes 194

TICKETS start at $297 but range depeding on seating selection and time of purchase...

USE CODE BP100 for $100 OFF TICKETS.

https://thinkmultifamily.com/fire-summit-2020/

Post: Passive Investing Real Estate Summit

Tamiel KenneyPosted
  • Investor
  • Dallas, TX
  • Posts 168
  • Votes 194

Register for The Passive Investing Real Estate Summit

WHAT IS THE
PASSIVE INVESTING REAL ESTATE SUMMIT

A 1-Day powerhouse event, with a packed agenda full of dynamic speakers!

Whether you’re an investor looking to diversify and protect your assets, or you’d like to create cash-flow and build wealth, this is a can’t-miss event!

Learn why investors are flocking to Apartment (multifamily) investing as we dive into the best strategies to help you get started!

If you’re a seasoned investor, join us to benefit from our decades of experience and network to expand your investment portfolio.

WHO IS THIS FOR

  • - If you are an investor who is concerned about the safety of your money in the stock market, and looking to protect your wealth…this event is for you!
  • - If you are a working professional who is dissatisfied with the performance and costly fees of traditional 401k and IRA investments, and looking for more lucrative returns…this is for you!
  • - If you are an investor who is tired of paying excessive taxes and looking for ways to keep more of your money…this is for you!
  • - If you are an investor who is most concerned about preserving your capital and wanting to diversify your money into hard assets…this event is for you!

APARTMENT INVESTING (MULTIFAMILY) IS AN INCREDIBLE WEALTH STRATEGY BECAUSE:

  • - Multifamily performs better than other assets, especially in a recession, providing you more protection than traditional stock-market investments.
  • - Multifamily Investments offer substantial tax benefits, providing rewarding write-offs against your other income.
  • - Multifamily properties are valued based on performance rather than comps, allowing for significant increase in value and profitable returns (annualized returns targeted at 16% – 21%).
  • - Learn how a team of seasoned operators manage the assets, allowing you to experience passive cash flow and watch your wealth grow, without ever having to deal with the headaches of property management.

Register for The Passive Investing Real Estate Summit


Post: SEC Attorney suggestions

Tamiel KenneyPosted
  • Investor
  • Dallas, TX
  • Posts 168
  • Votes 194

@Clayton Cerer We only use @dugankelley out of Dallas, TX for all of our Real Estate Contracts and Syndication needs. Kelley Clarke PLLC 

We have known him for about 10 years and he is the most honest Attorney you may every meet! He definitely goes above and beyond for all of his clients.

Post: Dallas FIRE Summit 2020 - Learn to Invest in Apartments

Tamiel KenneyPosted
  • Investor
  • Dallas, TX
  • Posts 168
  • Votes 194

More Info on The FIRE Summit and Tickets at: thinkmultifamily.com/firesummit

WHAT IS THE FIRE SUMMIT?...
A 2-Day powerhouse event, with a packed agenda full of dynamic multifamily speakers!

Whether you’re an investor looking to sharpen your skills and find your next deal…or you’re an aspiring multifamily syndicator who’s ready to learn how to go big fast, this is a can’t-miss event!

THE FIRE SUMMIT IS FOR YOU IF...

- If you can’t imagine getting ahead of bills, debt or life’s curve balls to be able to increase your income…

- If you have the desire to change your life but don’t think you have enough time, experience or capital to make a difference…

- If you’re interested in low-risk investing with a proven, rapid, return-reaping process…

Then The FIRE Summit is for You!

TOPICS COVERED AT LENGTH...

- Syndication – How to Raise Capital to take your Investing Portfolio to the next level
- How to Find & Analyze Deals
- How to Invest in Apartments while working Full-Time
- Tax Advantages of Multifamily Investing – (do you know it’s possible to pay $0 in taxes on your multifamily investments)
- Typical Deal Structures (deal splits, preferred returns, waterfalls)
- The 7-Step Blueprint to Real Estate Syndication Success
- and much more…

More Info on The FIRE Summit and Tickets at: thinkmultifamily.com/firesummit

Post: Think Multifamily's Apartment Investing Conference in Dallas

Tamiel KenneyPosted
  • Investor
  • Dallas, TX
  • Posts 168
  • Votes 194

Have ever dreamed about making enough money to quit your 9-5 JOB and spend time doing the things you love?

Maybe you’re frustrated because your work environment isn’t ideal…

Or anxious because you feel trapped in a job where your income potential is limited…

Most people working a 9-5 job don’t have the flexibility they want to truly live life on their terms.

Life is too short to work at a Job every day where you don’t feel fulfilled!

Meet Patrick: Owner in 900+ Apartment Units, Quit his job at the age of 27

Just like you, Patrick wanted better choices for his family and a life with freedom and flexibility to spend time with the people he loves most.

He started investing in a small 64-unit property but struggled with knowing how to scale and raise the capital he needed to buy larger multifamily properties. He knew that these larger properties would provide the cash flow he needed to quit his job and live the life he dreamed.

That’s where we stepped in to hold his hand and guide him through all the ins and outs of buying larger properties to achieve his goals.

"Think Multifamily helped me not only raise the capital I needed to scale quickly, but also provided a step-by-step framework to follow to purchase multifamily properties. They guided me on how to effectively manage the asset post-closing and have provided exceptional advice all along the way."

Patrick has now purchased 900+ units and was able to quit his job at the age of 27.

"There is NO WAY I’d be where I am today without Think Multifamily and the excellent platform they have developed, for which I will forever be grateful."

Do you want to discover the exact strategies that Patrick learned to achieve this?

Join us at the FIRE SUMMIT to learn how you can get on track to achieving a life of financial freedom and the best choices for your family!

If you want to learn how to Raise Capital, buy your first Multifamily or scale bigger, manage your assets well after closing and avoid some of the mistakes that can kill cash flow, or you simply want to meet other successful investors like Patrick, then don’t miss the FIRE SUMMIT on September 7-8 in Dallas.

This could be the defining moment that changes everything for you!

Because the FIRE SUMMIT Conference is almost here, we wanted to make the decision to join easier…by offering you a super Discount when you use the CODE: BP200

That's $200 OFF each ticket!

We are excited to be on this journey to freedom with you and can’t wait to see you at The FIRE SUMMIT!

When you Register, USE CODE: BP200

Post: New to commercial real estate; looking for advice

Tamiel KenneyPosted
  • Investor
  • Dallas, TX
  • Posts 168
  • Votes 194

@Zak Boca Hi Zak! You definitely need to start with what niche you want to focus on. THEN...see if there are any MeetUps in your local area on that niche. That is a great way to learn the lingo of the industry, learn some basic info and network with potential partners and or passive investors if you choose to syndicate your deals in the future.

Conferences are also a great place to learn and network.

With Podcasts being the new form of marketing - You pretty much have a ton of Podcasts with almost ANY Real Estate Niche you can think of. Find one or two you like...and get in a routine of listening. The more you listen, the more you engage in conversations in this industry (networking)...the more comfortable you will be moving forward on something with the opportunity presents itself.

**When you go to networking events/conferences, go with a purpose: To learn - yes, of course; but also to meet a couple of people you might be future partners with or whom might be future investors for you if you choose to syndicate your own deals. People want to do business with those they know, like and trust.

@Franklin Marte Have you listened to podcasts or read books on commercial Multifamily Investing? Attended any MeetUps or Conferences? This might be your 1st step before you consider taking on this big project. It is not the same as buying a single family house, fixing it up a little and renting it out. 

You will definitely need to consider where is your rehab money going to come from... Will the lender give you money for Rehab or do you also have to come up with that money as well.

You will need to have a net worth equal or greater than your loan amount.

You will also need to have liquidity after closing - which the lender requires - in case their asset needs capital improvements. 

With 9 units...At least 8 of them has to be leased out...if not all 9...for 3 months or more before the lender will consider giving you a loan. Otherwise, you may have to get what is like a hard money loan to purchase the property...(higher interest rates for sure!) and then refinance once it is 90% or more occupied.

Anything the broker posts has to be taken with a grain of salt as they are trying to sell the property. You have to know enough about the market, the rules of thumb for expenses, rehab costs, how to fully analyze deals, etc to make your own educated decision to move forward on ANY deal.

I know it is exciting to think about purchasing an investment property..but Please don't jump into this without educating yourself first. You don't want to start off underwater. It is AWESOME you are starting to look at things now...but consider it an opportunity to build your relationships with the brokers and learn how to analyze deals that are posted on Loopnet. 

Also, start attending MeetUps and as many events as you can get to. You will have the opportunity to learn...in addition to meeting potential future partners and maybe even potential passive investors - if you choose to syndicate your deals in the future.

Get people talking about their lessons learned in this industry...as there are LOTS of things to look out for. We like to share our many (MANY) lessons learned so others don't have to face the same situations/struggles we have faced.

Good luck Franklin! This is an exciting journey!