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211: Ken McElroy | Debt Mindset

211: Ken McElroy | Debt Mindset

FromGet Rich Education


211: Ken McElroy | Debt Mindset

FromGet Rich Education

ratings:
Length:
44 minutes
Released:
Oct 22, 2018
Format:
Podcast episode

Description

#211: Learn from Rich Dad Real Estate Advisor Ken McElroy. We discuss debt mindset, cash flow, how to manage your team, how to vet property managers and contractors, screen tenants, how to avoid bad partnerships. Ken owns $1 Billion worth of apartments. He needs to place $70M-$80M worth of cash soon, and trade $300M of real estate the next three months. Don’t say: “I can’t afford it.” Ask: “How can I afford it?” Your financial income will never exceed your self-concept. Overcoming your aversion to debt leads to wealth. Cash flow vs. capital gains investing discussed. See Ken’s instructional videos at kenmcelroy.com/videos. __________________ Want more wealth? 1) Grab my free E-book and Newsletter at: GetRichEducation.com/Book 2) Actionable turnkey real estate investing opportunity: GREturnkey.com 3) Read my best-selling paperback: getbook.at/7moneymyths __________________ Listen to this week’s show and learn: 03:55 Mindset and self-concept. 09:05 Debt. 13:20 Cash flow vs. capital gains. 20:20 Paying taxes. 25:45 Partnerships: business, contractors, tenants, PMs, employees. 29:50 How to vet a Property Manager. 32:45 Vetting contractors. 37:52 Screening tenants. 39:40 Ken’s instructional videos at kenmcelroy.com/videos. Resources mentioned: Ken’s website: KenMcElroy.com Book: The Power Of Now Mortgage Loans: RidgeLendingGroup.com Cash Flow Banking: ProducersWealth.com Turnkey RE: NoradaRealEstate.com QRP: TotalControlFinancial.com Find Properties: GREturnkey.com GRE Book: GetRichEducation.com/Book
Released:
Oct 22, 2018
Format:
Podcast episode

Titles in the series (100)

This show has created more financial freedom for busy people like you than nearly any show in the world. Wealthy people's money either starts out or ends up in real estate. But you can't lose your time. Without being a landlord or flipper, you learn about strategic passive real estate investing to create wealth for yourself. I'm Show Host Keith Weinhold. I also serve on the Forbes Real Estate Council and write for Forbes. I serve you ACTIONABLE content for cash flow on a platter. Our bottom line in real estate investing together is: “What’s your Return On Time?” Where traditional personal finance merely helps you avoid losing, you learn how to WIN. Why live below your means when you can expand your means? Since 2002, international real estate investor Keith Weinhold owns multifamily apartment buildings to single family homes to agricultural real estate. New episodes are delivered every Monday.