Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

25: Ken McElroy | Rich Dad Advisor for Real Estate | Real Estate Strategies with Ken McElroy

25: Ken McElroy | Rich Dad Advisor for Real Estate | Real Estate Strategies with Ken McElroy

FromGet Rich Education


25: Ken McElroy | Rich Dad Advisor for Real Estate | Real Estate Strategies with Ken McElroy

FromGet Rich Education

ratings:
Length:
38 minutes
Released:
Apr 3, 2015
Format:
Podcast episode

Description

#25: There aren’t many famous real estate investors. There’s Barbara Corcoran, Donald Trump, Ted Turner, and today’s guest…Ken McElroy. Listen to this week’s show and learn: 02:00  Keith cannot think of a greater contributor to real estate investing education this generation than Ken McElroy. 04:04  Last month, Robert Kiyosaki, Ken, and Keith were in the same room when Robert dubbed Ken McElroy “The Greatest Real Estate Investor In The World Today.” 05:08  Ken began in real estate as a Seattle property manager. 08:12  RE agents often don’t own investment real estate and they try to “sell buyers on the future.” Instead, use a Property Manager to find what rents really will be.   11:30  Buy investment real estate for cash flow rather than capital gains. 13:23  “Real estate is really dumb and it moves slow.” Buy where the jobs are going to be. 15:40  How Ken looks for opportunity in a new purchase. 16:50  When Ken would want to buy a vacant four-plex rather than an occupied one. 20:18  Actionable ways to add value to multifamily properties. 25:30  How large of a property does it take for on-site property management to make sense? 27:47  How Ken beats out other offers for a property that he wants to buy. 31:28  The time and freedom that real estate investing affords Ken’s family. 32:46  The advice that today’s Ken McElroy would provide to a 20-year-old Ken McElroy.   Resources mentioned: www.KenFlix.com - Online video tutorials from Ken! www.KenMcElroy.com www.MCCompanies.com Ken McElroy’s top-selling book The ABCs of Real Estate Investing Robert Kiyosaki’s new book Second Chance Get any free Audible audiobook & 30-day free trial  Join the Facebook Page Now on Twitter!  New: you can listen to us on SoundCloud!
Released:
Apr 3, 2015
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.