College towns offer excellent investment opportunities, but a lot of investors are apprehensive about the thought of college students as tenants. While it’s true that college students aren’t necessarily the tidiest demographic, the fear of out-of-control college students isn’t a reason to overlook an opportunity for a cash-flowing investment.
Former president Ronald Reagan once remarked, “Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.” While there’s a fair amount of hyperbole in that statement, the comparison of inflation to a robber is an apt one. As a market force, inflation can and will devalue…...
McElroy, Danille, and Joseph Chantry (@your_first_million) on his journey to a high net worthwhile keeping himself grounded with a 9-5.
We all know inflation is high… but is that actually a GOOD thing for real estate? Join Ken McElroy and Get Rich Education host, Keith Weinhold, in a discussion about how high inflation has *actually* gotten, and how YOU can take advantage of it right now. Ken McElroy:Hey everybody. It’s Ken McElroy again, and you […]
What is Freedom Really? I hope you had a great 4th of July. I want to dive into what freedom means to you this holiday weekend. I think as Americans we toss around the word free, but never really unpack what it means to be free. Sure we have liberties in this country, but working […]
I have been discussing where you should invest quite a bit lately, but what I haven’t touched on are the cities I feel are the worst to be investing in right now. The reasons I don’t recommend investing in these cities are all unique but important. It may be people are moving out, or the […]
Arizona’s Director of Housing, Tom Simplot Can America’s homeless crisis be solved? What can the government and local real estate investors do to provide affordable housing to those in need, especially after this pandemic? Join Ken McElroy and the Arizona Director of the Department of Housing, Tom Simplot, as they discuss Governor Ducey’s appointment to […]
If you were a contractor in 2020, your phone was probably ringing off the hook. With an unprecedented increase in the number of people working from home, there was a shift in the public’s appetite from houses in urban centers to more spacious houses in the suburbs. Of course, the supply wasn’t always there, which…...
Just starting out in real estate investing? Join Ken Mcelroy and Marko of Whiteboard Finance in a discussion on debt, financing, and the various ways that you can set yourself up for financial success in 2021. Ken McElroy:Hey everybody. It’s Ken. I’m really excited to have my friend Marko here with the white board finance […]
Hidden Forces in the Housing Market… As many of you are starting to realize (myself included) this isn’t your typical housing market bubble and crash. We have a loss of jobs, many people in forbearance, and many tenants and landlords behind on payments. Yet, the housing market is on fire. Why is this? Because the […]
Atlanta, Georgia, is a city that has been attracting new residents in droves while longtime residents are staying put. Currently, Atlanta is one of the five fastest growing big cities in the United States. In 2020 alone, the population grew by 1.6%. Like other big cities boasting warmer weather, Atlanta saw an influx of people…...
To join Ken McElroy’s Newsletter, follow this link: http://legacy.kenmcelroy.com/news — Join Ken McElroy and Nomad Capitalist founder, Andrew Henderson, in a discussion about their experiences with starting real estate investments outside of the US, things to look out for, and the best countries to get yourself started. Check out the Nomad Capitalist by following this […]
To join Ken McElroy’s Newsletter, follow this link: http://legacy.kenmcelroy.com/news — Join Ken McElroy in a conversation with MC Companies’ internal acquisitions person, Bobby Bull, about acquiring real estate during a pandemic, as well as the various challenges and opportunities that come along with it. Learn more about your ad choices. Visit megaphone.fm/adchoices
“How do I raise money from investors?” I truly believe that you do this simply by surrounding yourself with the right people and finding a good investment.
How to Find a Real Estate Investor Looking for an investment property is an exciting process. There’s something thrilling about stumbling across a diamond in the rough and realizing what a great deal it is. But when you’re starting out, you may not have the funds available to close on that property you’ve found. In…...
Join Ken McElroy as he talks about setting up the future generation for financial success with viral YouTuber & entrepreneur, Jase Bennett of the Ohana Adventure YouTube channel. In this episode, they discuss little habits to teach your children to learn economic fluency at a young age as well as the challenges of setting up […]
Finding the Right Short Sale Property
If you’ve been considering an investment in real estate or buying a home, you may have found yourself looking at short sale listings. But what exactly is a short sale? A short sale occurs when a lender allows a homeowner to sell their property for less than they owed on the existing mortgage. This process allows the lender and the homeowner to avoid the lengthy and costly foreclosure process. Unlike regular home sales, in a short sale, the lender is actually the one approving the sale
Primary markets as most of you know are suffering. What we are seeing is a lot of secondary markets by the big cities are heating up as the cities cool down. For example, as Washington DC cools, Virginia Beach heats up. Same with San Francisco -> Sacramento and Los Angelis -> Riverside. The truth is, these more expensive cities were already at their tipping point prepandemic. The pandemic only accelerated it.
Real estate investing is going to get a bit trickier and take it from me you want to have a true “expert” leading you in your journey. I wanted to share with you some common mistakes I see investors making when they first start out in real estate.
I see this misconception happen all of the time. “Well my realtor says ____________ about the market.” That blank is always something like “Buy now or you’ll miss out” or “The market won’t go down anytime soon” or my favorite “This isn’t 2008.” Yet, guess what? Realtor’s were saying that in 2008 as well ha.
Welcome to the real estate strategies podcast. I’m Ken McElroy, and I’m here to give you creative ideas on how you can get started or continue your journey in real estate. Each week, we will bring you inspiring and informative conversations with successful people and their path to obtaining or investing in real estate. Enjoy […]
People often times miss this very important question. They try and measure the cashflow of the future value, or they say they don’t mind feeding it some money each month. To be direct, it is only a good investment if it cashflows based on the rents and expenses of today, not the future rents you think you will get five years from now. Cashflow is the most important thing when deciding on a rental property.
A correction is coming to the real estate market and I expect to see it early next year. Each downturn is very similar to the next. We have high unemployment, and housing prices that are extremely inflated. Yet, people keep asking me, “how can you say it’s going to crash when prices are skyrocketing? If I keep waiting, I’m going to miss out on the buying opportunity!” So let me put a few things into perspective for you. This is a supply and demand issue. That is what inflates and deflates prices: inventory versus demand for housing
Cash is king moving forward. Let me repeat cash is going to be king in the next 12 months. Here is why. Banks want to lend, it is in their nature. The problem is if people are out of work or just starting a new job, or are behind on bills the bank cannot lend to them.
If you are interested in obtaining a rental, then take the time to read my book “The ABC’s of buying Rental Property.” The next couple of years you may have the biggest buying opportunity you will see in your lifetime, so you need to be prepared. I wrote this book to prepare you with all of the in-formation you need to know when purchasing your first rental. I am going to help to prevent you from making the same mistakes new investors make and to maximize your investment.
Join Ken as he speaks with Jason Hartman about how to understand the behaviors and ultimately the trends that will result from the impact of the recent health crisis. The link to the resource mentioned in this video is: https://www.jasonhartman.com/ken
Getting your down payment together is one of the biggest hurdles when you’re starting out in real estate. I can’t tell you how many times people tell me they want to make passive income on real estate, but then they save no money for a down payment. Instead, I hear excuses as to why they […]
The average person doesn’t know how to get started investing in real estate, and therefore, gets their cash flow from a nine to five job. That scenario is the exact opposite of financial freedom because they’re dependent on a job they have to go to every day. True financial freedom happens through investing in things […]
Affordable housing is a legitimate concern in the real estate market. Not only considering when buying for yourself but also thinking of long term rental properties to own as well. Mobile home parks are a two sided coin. On one hand, they are usually fairly easy to obtain properties and most can be acquired for […]
[vc_row][vc_column][vc_column_text]Join Ken as he talks with Blair Singer about how he is approaching the uncertainty going forward. To learn more about Ken visit: http://legacy.kenmcelroy.com/membership-registration/ To learn more about Blair visit his website at: https://blairsinger.com [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Episode Transcript: Ken McElroy (00:01): Welcome to the real estate strategies podcast. I’m Ken McElroy and I’m here to give […]
Invest In A Bigger Real Estate Deal with a group of people or a company The first is what I do with my investors at MC Companies. Which is joining with others to invest in a bigger deal. This can be either commercial or residential. There are two great things about investing in a larger […]
Join Ken as he gives his initial thoughts on the impact of the coronavirus on real estate and the economy in general.
Join Ken and he talks with his friend Kyle Wilson. Kyle is the founder of Jim Rohn International, YourSuccessStore.com and KyleWilson.com. He’s worked with the top names in the personal development industry including his 18 year biz partner, friend and mentor Jim Rohn, as well as Og Mandino, Brian Tracy, Les Brown, Darren Hardy, Robin […]
Join Ken and Robert Helms for the RealEstateGuysRadio.com podcast as they talk about unique defensive strategies that you can use to mitigate the results of the next downturn – or profit from it. To get a free copy of Ken’s eBook “21 Keys to Real Estate Success” just visit this link: https://7rxyf2er.pages.infusionsoft.net Learn more about Ken […]
Join Ken as he talks with Mike Ayala about his experience as a manager and investor in the mobile home park space. Mike is a Managing Member of Four Peaks Capital Partners. He oversees the operations, management teams, construction, and human resources. He also co-directs the overall investment strategy along with Andrew Lanoie. He has […]
Join Ken as he talks with Jennifer Costanza about what is an accredited investor and how Ken and his team manage the process of evaluating and working with them.
The variables that come to the table between those sitting down on the wealthy side and those sitting down on the opposite side have less to do with opportunity and more to do with their mindset. This is an important thing to acknowledge. Our background, our educational status and so many other variables are less […]
There are three very important things that baby boomers need to pay attention to when it comes to making plans for their retirements. Most individuals in this generation are not actively involved with where their money is. Either they have turned it over to family or a bank, trusting that they will handle it properly […]
One of MC Companies’ investment models is our value add investments. Value-add properties remain extremely popular among multifamily investors. These investors aim to increase the revenue of a property by creating value through property upgrades or potential that is unseen by the current owner. Success in the value-add space requires knowledge of rental rates and […]
Many foreign central banks—such as the European Central Bank, the Bank of Japan and the Swiss National Bank—have implemented negative interest rates on bank reserves as a policy tool to stimulate demand for goods and services. If a bank holds a dollar of reserves, the central bank may take, say, half a cent. The hope […]
The average person doesn’t know how to get started investing in real estate, and therefore, gets their cash flow from a nine to five job. That scenario is the exact opposite of being financially free, because cash flow doesn’t come from depending on a job you have to go to everyday in order to get […]