And so, sometimes its friends first and then I do business with them but other times its doing business with them and then we become friends, and its just such a rewarding relationship. The ABCs of Real Estate Investing: The Secrets of Finding Hidden We do have something for your listeners. Rich Dad's Advisors: The ABC's of Real Est- 0446691844, paperback, Ken How long have you used the same relationships and brokers and lenders and whoever it might be? learning, playing and networking until we pack up and go home on Wednesday, June 14th, 2023. You fill it out. 00:28:37 - Join Ken as he speaks with Kelly Johnson from his property management company on how he and his team were able to manage properties virtually throug How to manage a property during lockdown - Real Estate Strategies with Ken McElroy () | Listen Notes Your book, The ABCs of Buying Rental Property, was the third book I read in the Rich Dad Poor Dad series. I already have my rich uncle. Lot Of 4 Rich Dad Advisors Real Estate Books - Ken McElroy - eBay Its probably worth $50M now. Ken McElroy, The good thing when youre young is that you dont know any better. Review:The Abc's of Real Estate Investing:Ken McElroy. She was born June 14, 1944. . I dont know the exact number that we give out every year now. The money like you have a good deal, trust me, money is the easiest thing to come by, even when you dont have it. You know, it was so fun kind of just hearing your story, learning about your connection with real estate and all the, I mean, youve been in it for years, the deals that youve done with Robert Kiyosaki. He is also a contributor for The Real Book of Real Estate. Ken got his start during college, when he took a job managing an apartment complex . Ken McElroy has an estimated net worth of $20 million. This channel is a place for . I was supposed to be there Friday or Saturday, totally forgot. Premium Videos & Mini-Courses Well, each kid I brought up, we summited. I didnt know how I was going to do it: $2M down and $7M in debt, roughly. And you just started knocking on doors, calling. He is the owner of MC Companies in Scottdale since 2000. In this week's podcast, Rich Dad Advisor Ken McElroy shares his story of . You have to evaluate your relationships with your people and you just never know when that is. Its interesting because you talk about how and I remember when we first met youre like, Yeah. This channel is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken founded McElroy Management in 1998, and in 2001 merged his company with Ross McCallister, creating MC Companies. It was Tom Wheelwright. So, whats the story there? Ken McElroy Real Estate, Bio, Wiki, Age, Height, Wife, Books, Podcast He owns over 10,000 units in Manhattan. "Real Estate Strategies with Ken McElroy" is your weekly meet-up where real estate entrepreneur and CEO Ken McElroy shares his personal experiences and the strategies he's implemented throughout his career, from his first job as an apartment manager to today, having successfully scaled up to over $1 billion in real estate . Ken Rex McElroy (June 1, 1934 - July 10, 1981) was an American criminal and convicted attempted murderer who resided in Skidmore, Missouri, United States.He was known as "the town bully", and his unsolved killing became the focus of international attention. Its about understanding that determination and self-motivation are the real keys to thriving. I always tell people because when I first started, it took me a long time to get into real estate. Ross [McCallister, Kens business partner] and I fund the majority, but then our vendors fund [some], and our employees get an opportunity to fund too. Overcoming the limiting belief that you need money in order to make a deal happen. Its funny. 70% Off Ken McElroy Coupons & Promo Codes - Dec 2022 - CouponBirds The turning point came when the property owner dropped by the office to pick up his check for the month. I had no idea. Ken has ranked on the list of those famous people who were born on June 1, 1934.Ken McElroy is one of the Richest Criminal who was born in United States.Ken McElroy also has a position among the list of Most popular Criminal. Day 9. Mc Companies is a longstanding real estate investment company based in Arizona. And so, I remember I read Rich Dad Poor Dad and I was like, This is incredible. I'm looking to buy small multifamily and notice that his specialty is large complexes, resorts, mobile home parks, and other large scale commercial properties. He is the owner of MC Companies in Scottdale since 2000. Watermark-Free Sample Forms Realtor.com Real Estate App 502,000+ I had a scholarship but didnt pay for everything. Awesome, Justin. Its one of our core values: We have five core values, and one of them is to be giving. McLeRoy Realty Associates,Inc. Real Estate Agency in ZEBULON, GA And now weve acquired a little over $3 billion in assets. Investing Calculators [] Please watch or listen to the full episode here. And thats just really just taken off. I called Robert and I met him and Kim at the Phoenix Country Club because they were living in Phoenix at the time and they had a home in Hawaii. Ken McElroy: I appreciate it. If you can find a good deal, the money will always follow. Were a very giving company. Today, Im speaking with Ken McElroy, who went from a broke college student managing an apartment building to becoming a business mogul who has transacted over $1 billion in real estate. And I love that youre so good about developing relationships with people that become long-term business relationships and then they become friendships. I was like, How did I have another level of mindset shift? And then I read your book and I was like, Man, I got to get in the game. And at that point in time, I was in Chicago and I kept on walking by. Ken McElroy - Investor Summit Ken McElroy: Oh, yeah. But moreover than that, there are so many people that dont even have basic human rights and human freedoms. And you know, its interesting, my parents werent able to afford my education either. Im like, Oh my gosh, I completely blew off Rob. Ive owned and built self-storages and office buildings and condo projects and single-family. With multiple units, the property value is based on the current cash flow of the property.". . So, thats how it started and then I started traveling with them because I wanted to learn how to speak better. And I know youre doing the same thing with your organization and I know you started a nonprofit and you have raised over a million dollars for your nonprofit or the nonprofits youve been part of over the last decade. A major factor in Ken's real estate success is his brand, MC Companies. Back then we didnt have the internet and trying to figure out people that had money. I was taught the same as everybody else. And one day, I was like, I'm on the wrong side of the desk. Ken McElroy, Deliver on your promise and everything else works. McElroy is a famous Real Estate Investor, Author, and Entrepreneur. So, at a certain point in your life, like theres this whole idea around scarcity of money and when you dont have any, its very scarce but its truly an abundant resource. Youve got to come up with $2 million. Ken McElroy was born in United States on June 1, 1934.. On Popular Bio, Ken McElroy is one of the successful Criminal. But there's a LOT more to Ken McElroy than his association with Robert Kiyosaki. . Try NOW! Ken has gone on to experience great success in the world of real estate. Would love feedback from anyone who has taken his class, and especially to know if the content is helpful . I mean, any time youre mentioning something with the word billions, you know that youre doing something right. While I was there, I was offered by a friend of mine and said, Hey, weve got this 60-unit apartment building that you can manage and Ill give you a free rent if you do it. So, Im in like I just said because I was racking up student debt, getting through school. To get your questions answered and learn more about Ke. And this is the only place where Im guaranteed to answer your questions and look over your deals. With over $700 million investment dollars in real estate, Ken . Im like trying to educate and Im actually trying to figure that all out, too, but at the same token, in the beginning, I was trying to hold my own speaking and try to figure that out and deliver good messaging and all that kind of stuff. Ken McElroy - Facebook Were you underpaying? Real Estate Strategies with Ken McElroy - Audible.com He pursued and matriculated with a bachelors degree in Business Administration and Management General in 1990. Justin Donald: Thats incredible. About Ken McElroy | Real Estate Education with Ken McElroy Virtual Happy Hour with Ken Then we ended up doing partnerships with our vendors. As per sources, he has assets of $750 million in real estate. And it is for us too, I think, theres a lot that we are very similar on, and I think thats probably why we resonated so well when we finally connected. And for what its worth, I loved your book. But we used an arms length. I just go when I can, around my family: I put my family first. Hes involved with development, construction and property management. And then my friend, he started California Closets and he was one of the founders at EO. But I also love really what youve done on the charitable side. He was born in a state in the United States. Justin Donald: Yeah. A dedicated educator and a heck of a nice guy, Kenny is a Summit favorite, and we're . 5.0 out of 5 stars The 40Yr Old Virgin Critic. I wanted to do real estate a lot longer than I was actually doing real estate because I had this limiting belief in my mind that I had to have the money to be able to do the deal. Connect with the Guest: Website:https . Take the Quiz to find out! PDF Real Estate Finance And Investments 15th Edition How did you figure that out? I think the things probably worth 50 now or something. Its so neat to just see how these worlds collide and who knows who and, I mean, one conversation, one relationship in the trajectory of change for the direction of your life, like the gravity of that one intersection is just mind-boggling. And at the same time, running my business, growing the company, buying assets. Ken McElroy, We said, Lets designate a bunch of money from our properties into these foundations and bring on this director [of philanthropy], which we did. Media. Ive just had so much fun getting to know you and learning more about your story. Real Estate Strategies with Ken McElroy | Real Estate Education with Since then, Ken has experienced great success in the real estate world from investment analysis and property management to acquisitions and property development. Ken McElroy: Yeah. He is possibly married as he lives with his family in Scottsdale, Arizona. And thats how I got on the other side and I started doing that in the late 90s and I never looked back. Ken McElroy has lived and breathed real estate for his entire adult life, learning from the ground up. He called and said, Listen, Ive got only a year to live, and he got diagnosed with cancer. Today, Ken is committed to helping as many people as possible to achieve financial freedom through real . For over two decades, Ken McElroy has experienced great success in the real estate world through investment analysis, acquisitions, property management, and property development. And when I was young, I was like, I dont want to do that. I wasnt asking to like go give time somewhere or go donate somewhere. Robert Kiyosaki and Ken McElroy discuss the current state of the real estate market, including the impact of rising interest rates and the importance of understanding debt and market cycles. Its kind of fun. It was Robert. McElroy stands at the height of 5 ft 7 in (Approx 1.74 m). . Ken is the author of the best selling books The ABC's of Real Estate Investing, The Advanced Guide to Real Estate Investing and The ABC's of Property. It was you. 14. Id love for my audience to learn more about you. Ken McElroy's Net Worth - Real Estate Investor & Entrepreneur - Techie In a lot of ways, he was probably my first real estate mentor but I didnt get a lot of face time with him because he was so busy. Ken McElroy - Wikipedia Ken McElroy has experienced massive success in the real estate world-from investment analysis and property management to acquisitions and property development. Ken McElroy: Tell the truth, be authentic, be transparent and it will work out. Further, he is a sought-after speaker on real estate investing at events around the world. 4 Likes. Justin Donald: Thats awesome. It was a small property that barely turned a profit, but it didnt matter. Lot Of 4 Rich Dad Advisors Real Estate Books - Ken McElroy Garrett Sutton VG. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Join Ken McElroy as he answers your questions, regarding real estate, entrepreneurship, and much more! Ill be there. So, I forgot. Again, Justin, you just got to like put yourself out there and you just got to put things in motion and anybody listen, I grew up like you very humbly and thinking that this is where I was going to be for the rest of my life, and I just continue to work hard. Youve done that. Justin Donald: Ken, that is incredible, and I love that you were able to use your foundation to support your own team and staff in a time of need and of crisis. He actually had an opportunity to buy the apartment complex as a college student and then manage it, which is just. The ABCs of Property Management: What You Need to Know to Maximize Your in the course of guides you could enjoy now . Commercial-Free YouTube Videos Reviews go a long way in helping us build awareness so that we can impact even more people. He was a real estate attorney, still my attorney, by the way, and an incredible friend. And so, were involved in a community. But weve been to Russia, Asia, Australia multiple times, Europe, all over Europe, all over the US, Canada, Mexico, Spain, you name it, Bolivia. -Ken McElroy Original publish date: August 22, 2018 Real Estate Titans offers an insider's view into several of the most successful investors on the planet. Like, maybe their husband or the wife had lost a job or parents or whatever. And so, all the profits of Lifestyle Investor have gone to an organization. I know you talked about it a little bit, and Id love to give you a chance to share because one of the things for me thats so important with my book with The Lifestyle Investor, I really wanted to not only educate people on how to be financially free to create financial freedom so there are opportunities to impact mindset where people can take not only that but shift the behavior and have the tangible, practical application to be able to do it. In fact, that is one of our core values is to be giving. It was a small property that barely turned a profit, but it didnt matter. I actually just need to go find the deals. And so, when people like Mr. Litwin or my uncle can come in and say, Hey, these are things that you should be looking at, then you slowly change your pitch, you slowly change your business plan. And so, when I actually got the courage and decided I was going to start owning properties, I didnt know what to do and I started finding mentors and coaches and things like that. Having purchased over $400 million in real estate in the past two years, Ken brings a unique property management perspective when estimating a property's potential value. Justin Donald: Thats such a fun story, and its so great being able to do life with people and to get past the surface-level stuff where you can really live and travel and break bread and just experience the depth of what a true relationship with time spent means. Expert Real Estate Outlook in 2023 - Robert Kiyosaki and @KenMcElroy Photos not available for this variation. And then he asked me, hes like, Hey, do you want to come to one of my events? I swear this is true. Dec. 15, 2010. Commercial-Free YouTube Videos And so, Ross and I fund the majority but then our vendors fund, and our employees get an opportunity to fund too and they actually can write their own grants to their own charities. So, what happened was obviously and we talked about my first building then I bought another one and I have a partner too, Ross McCallister, who we merged our companies as well and that made us stronger. Its kind of fun. Ken McElroy has lived and breathed real estate for his entire adult life, learning from the ground up. And I kind of have this philosophy that as long as someone in my network is an expert at the thing, if Im going to spend money on it, I might as well do it inside my family, my family of friends. Well, as you know, I know you do this too, deliver on your promise and everything else works. Real estate expert Ken McElroy shares his knowledge through books, courses, YouTube, and a podcast. But in a dramatic act of . The speakers also emphasized the importance of changing one's . It was just a number of different people, Stephen Covey, and I mean just you name it, Napoleon Hill. I mean, you hear the right deal and youre in. Justin Donald: Thats right. Ken McElroy, The ABCs of Real Estate . Real Estate investing seems like an exciting field and for the past month, I have been doing research every day on it. But your story is incredible, and Id love to have you share some of it here with our audience. 15170 N. Hayden Rd., Suite 1 Scottsdale, Arizona 85260. I didnt even know he was going to talk to me. Holy cow. Ken McElroy - MC Companies Premium Videos & Mini-Courses MC Companies has been on the scene for the last 23 years, and it is only growing stronger every year. So, they set a certain number and then you got kind of that over. 1) Find the Market Trend. He grew up in a family that was below middle class, even in some cases, and lower than that.
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