Ken has held many board positions with the Arizona Multi-Housing Association with the most recent as past Chairman of the Board. So, for example, lets just use Robert. Is that right? Where can we find you? . He is the owner of MC Companies in Scottdale since 2000. When my dad passed 10 years ago, I got to learn all about hospice and all of that. Ken McElroy 2020-09-29 . Advice for people interested in investing in real estate. Then we ended up doing partnerships with our vendors. Lets try to scale it. And so, that happened and then I joined EO. Thats probably the best place you can look on there. And now weve acquired a little over $3 billion in assets. 4) The 3 Levels Of Research. So, I just go when I can around my family. So, whats the story there? The idea. 14. It is like the same excuses, almost exact. I actually was pretty good at keeping it full and managing it. [] Please watch or listen to the full episode here. Mc Companies is a longstanding real estate investment company based in Arizona. Sorry. Ken McElroy. In this week's podcast, Rich Dad Advisor Ken McElroy shares his story of . As my friend says, Way leads the way leads the way. Its just things connect as you get into motion. Ken McElroy and Tarl Yarber have teamed up to create a financial freedom expo with the sole purpose of helping to change lives in today's chaotic world so that others do not get left behind. ' And youre like, I kind of wasnt prepared for it but it was my first speaking engagement. But then you went on to do a lot of speaking with him and then also with one of my other favorites, Tony Robbins. Ken is passionate about educating others so that they too can experience financial freedom through real estate investing. He co-hosts the podcast with Danille and delves into a wide range of topics related to real estate. Lorem ipsum dolor sit amet, consectetur adipiscing elit. So, I just wanted to share that with you, and it was really neat when we got a chance to meet. The Smallbiz Brain. Justin Donald: I love it. And, boy, did I have an education at that place. (46 to 54 years old) - Now in or entering their prime earning years, this group will also face a tough time selling suburban homes, hampering the ability of these boomers to move. I mean, just the level of success youve had is spectacular. Tony Robbins. Fueled by that determination, Ken bought his first investment property not long afterwards. File your taxes using a step-by-step process - Build your real estate portfolio The ABCs of Getting Out of Debt - Garrett Sutton 2013-02-28 In difficult times, debt can be a matter of life and death, happiness . And I think its a big red flag when youve got someone that is an investor that is always kind of turning to new relationships. He shares his expertise with thousands of people around the world through his immensely popular YouTube channel, and is a sought-after speaker on real estate investing at events around the world. The steps Ken took to raise money and secure a $9M multifamily deal as one of his first investments. Ill outwork: Thats the kind of wrestler I was too. And I love that youre so good about developing relationships with people that become long-term business relationships and then they become friendships. I believe that you had to have a bunch of money in the bank. I appreciate your time and being on your channel and I know were going to get you on mine. Real Estate Titans offers an insider's view into several of the most successful investors on the planet. And I, of course, because I make a lot of money on my real estate, I dont even know why Im speaking. Save $60 So, they set a certain number and then you got kind of that over. I go, Look at this brochure. Ken McElroy: Yeah. And so, thats when I started to be more intentional. Weve been to Russia, Asia, Australia multiple times, all over Europe, all over the US, Canada, Mexico, Spain, you name it. Well, the best way is KenMcElroy.com and on there, youre going to find all kinds of stuff. He is a man of average stature. 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. And a lot of times their options are financial planners of the stock market. My Inner Circle Membership provides a space for real estate investors to learn, make connections, and get expert advice. Like, maybe their husband or the wife had lost a job or parents or whatever. Upon graduating with his high school diploma, McElroy enrolled at the Pacific Lutheran University School of Business in 1986. In the beginning, Justin, I was going out and saying, Hey, if I find a good deal, would you invest? And the answer was always, Yes, of course, but then when the time came, they were nowhere. And like a lot of people, thats how you started. But really, my love is multifamily, which is what I primarily do right now. That is so cool. I lived in Lincoln Park and I would walk by these 3 flats and 4 flats, and I just wanted to buy one so bad. Here is a list of the top 18 real estate books to read in 2023. But then I actually had some duplexes, fourplexes, and things like that but then I jumped right up and bought a property that I was managing and I still own it. But your story is incredible, and Id love to have you share some of it here with our audience. And this is the only place where Im guaranteed to answer your questions and look over your deals. I was taught the same as everybody else. Ken McElroy has generated over $750 million investment dollars in real estate. 4 Likes. Obviously, its not perfect. Well, each kid I brought up, we summited. Well, and by the way, I love hearing that story because I took a lot of pride early on in my career that I would outwork anyone. And so, its really interesting seeing this world kind of just come together here. So, I love it that you do that. . Ken McElroy has lived and breathed real estate for his entire adult life, learning from the ground up. SKIDMORE, Mo. And so, I remember that my mentors were authors. Condition: Very Good. Its always a primary issue in our firm, and as you would imagine, that attracts a different kind of employee. In addition, he co-hosts a weekly business podcast, Real Estate Strategies with Danille. You know, its really funny because your reputation really precedes you on a few different levels. Let us show you how to get there. 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. What began as a way to simply cover his room and board ignited his entrepreneurial spirit. Thank you for sharing that with us and with our audience. His career kicked off while in college as he took a job managing an apartment complex. Ken McElroy on Building a Billion Dollar Real Estate Empire EP 61, In property management, I was creating all this value for other people. The Advanced Guide to Real Estate Investing - Ken McElroy 2013 If you're interested in real estate investing, you may have noticed the lack of coverage it gets in mainstream financial media, while stocks, bonds, and mutual funds are consistently touted as the safest and most profitable ways to invest. So, I was hustle and hustle and hustle to get to that point, and I was laughing because theres an analogy between when I was collecting rent and collecting for a $10 newspaper. And if the deal is good enough, the money will show up. And thats the truth. 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. 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. Try NOW! I was scared to death, it was all my savings, and it was cash-flowing just north of $100 a month: thats if it was full. comprehensive coverage of real estate concepts as well as a detailed overview of the industry. I teach this seminar and its in Cave Creek, Arizona. Im like, Okay. 3) Employment, Population, and Location. in the course of guides you could enjoy now . Real estate investing and property management. I wanted to learn how to articulate from stage and I wanted to see the world. Justin Donald: When I first started, it took me a long time to get into real estate. I went to learn how to scale a company, then you have to learn how to keep the people and keep them happy and all that. McElroy helps as many people as possible to achieve financial freedom through real estate. To learn more about the ins and outs of real estate investing, take a look at my book The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss. Ken oversees the company's asset portfolio and leads the day . Ken's an uber-successful entrepreneur, philanthropist, and real estate syndicator with over two decades of experience and nearly a billion dollars of deals on his resume. Designed to guide every rookie from goal-setting to goal-realization in record time, this step-by-step guide will help you become a real estate investor within 90 days. Were making money. Stop bullsh*tting yourself. Virtual Happy Hour with Ken So, those kinds of things, they open doors and get you in spots that maybe you wouldnt be at from a speaking standpoint or on a radio or whatever. They had just sold their business and Rich Dad Poor Dad had just been released. So, theyre just frothing for guys like us that can bring them something that provides cash flow tax-free. To get your questions answered and learn more about Ke. Ken McElroy: Thank you. Im actually revising it right now because its a bit dated, just on some rents and things like that, as you would imagine from over the years. How long have you used the same relationships and brokers and lenders and whoever it might be? I dont know if its ever intentional but quite simply I didnt grow up with a lot and my parents were amazing but we couldnt afford college for me, for sure. What type of investor are you? . Picking up where left off in the bestselling The ABC's of Real Estate Investing, McElroy reveals the next essential lessons and information that no serious investor can afford to miss. Hes like, All right, just talk. The price for membership is $299.00 per Year. And so, I am relationship first and business is actually pretty low on the category for me. Back then we didnt have the internet and trying to figure out people that had money. And so, the first one was hard, dont get me wrong, and then I had to work my butt off to prove out the numbers. Lets designate a bunch of money from our properties into these foundations and bring on this director, so which we did. I believe that you had to have a bunch of money in the bank. So, that kind of got us through that period of time. Like, I want to do this anyway, and its really neat that we get to share this with the world, you know? Honestly, it was an incredible experience. 1) Find the Market Trend. Vail, Thomas E. Thomas E. Vail - Huerfano World - December 9, 1993 - Thomas E. Vail died Thursday, Dec. 2,1 993 in his La Veta home. Its because in Arizona, things are easily $300 a door right now and in some cases $400 a unit. 7-13 Jun 2023. And so, I poured myself into that and thats been a labor of love. Virtual Happy Hour with Ken Ken is a Rich Dad Advisor to Robert Kiyosaki ("Rich . So, I brought them to a bunch of places as my kids were grown up and just kind of made it a family affair. I mean, just go google it. But if I called you up right now and I said, Hey, we buy it for this. Ken McElroy: Oh, yeah. But when I did, I coveted it and it was a fair deal. Find many great new & used options and get the best deals for RICH DAD'S ADVISORS: THE ABC'S OF REAL ESTATE INVESTING: By Ken Mcelroy *VG+* at the best online prices at eBay! Yeah. And so, the interesting thing is when I finally started meeting successful people and I would say, Hey, how can I meet more people like you? Here youll discover a place that reflects Kens passion for real estate and helping others, where investors from all walks of life can learn, grow, and thrive. Its always a primary issue in our firm. So, welcome. They promote the upcoming Limitless Expo, featuring over 40 speakers on topics related to . Ken McElroy is the co-partner of . And you know, in the last five years, we hired a full-time director of philanthropy. The murder of Ken Rex McElroy took place in plain view of dozens of residents of this small farm town, under the glare of the morning sun. A major factor in Ken's real estate success is his brand, MC Companies. Reviews go a long way in helping us build awareness so that we can impact even more people. His current net worth is around $20 million. Robert Helms, one of the hosts of The Real Estate Guys Radio, personally knows him as his attorney. The power of putting yourself out thereand how this mindset led Ken to working with Tony Robbins. I learned today that Trena McElroy, Ken McElroy's former wife, died on January 28, 2012. He serves as the host of a weekly business podcast, Real Estate Strategies. This channel is a place for . View Full Itinerary. Ken McElroy: Yeah. On Sunday morning I woke up. And I sat down with him and well, first of all, the first thing I did is Im like, Okay. And so, thats what I did. He called and said, Listen, Ive got only a year to live, and he got diagnosed with cancer. In addition to all of that, Ken is the author of the best-selling booksThe ABCs of Real Estate Investing,The Advanced Guide to Real Estate Investing,The ABCs of Property Management, and most recently his book on entrepreneurship, The Sleeping Giant. It was Robert. This is your ultimate guide to investing in rental properties, whether you have a hundred dollars in the bank or a hundred thousand. And so, all the profits of Lifestyle Investor have gone to an organization. Ask Ken Questions It was all my savings and I used it and it was cash-flowing I want to say just north of 100 a month, thats if it was full. Investing Calculators For over two decades, Ken McElroy has experienced great success in the real estate world through investment analysis, acquisitions, property management, and property development. He is possibly married as he lives with his family in Scottsdale, Arizona. I wish I would have mended a relationship. Yeah, Ill come. I actually just need to go find the deals. The price for membership is $29.99 per Month. But its a lot, and the employees can write their own grants, and they go through a board and all that, and they get the grants to whatever charity makes them happy. Ken shares his knowledge as the Real Estate Advisor to Robert Kiyosaki of The Rich Dad Company, a Forbes Council Member, with contributions to . And he turned me onto his buddies and, as you know, the power of the math like once they saw the deal and they start to see the return and they were excited about the senior market because even in the 90s, they were talking about the aging baby boomers. Im like, Sure. I love that youre doing this with your kids and that this is a family value for you. His name was Leonard Litwin. And if you guys know anybody that is interested, let me know. And so, I got a referral. I want to know where the people that are doing the thing that I want to do. But in a dramatic act of . And I realized when you see the faces of the folks and then the stories and you start to really connect with people, I realized that I needed to get more involved in things. Its quite a few charities, because we have 250 employees. Ken McElroy, The charity thing has been really significant for us. I just go when I can, around my family: I put my family first. I mean, in many senses, you guys travel almost everywhere together, which is so cool to see, and you both speak so highly of the other person. Dec. 15, 2010. He is the owner of MC Companies in Scottdale since 2000. So, Im like, How hard could it be to collect rent and pay a few bills and keep the place clean? And, boy, that was when my lessons started. Today, Ken is committed to helping as many people as possible to achieve financial freedom through real estate. So, we give a lot. I would bring them on a lot of those trips. I already have my rich uncle. Well, thank you for sharing that and for your time. Otherwise, youre not going to go. And bless their hearts, they wanted to help so much, and even inside the first semester, they did what they could to like be supportive and theyre just incredible parents. If you can prove that you can make money, investors want to give it to you. Together with his real estate investment company, MC Companies, Ken has transacted over $1 billion in real estate. For over two decades, Ken McElroy has experienced great success in the real estate world through investment analysis, acquisitions, property management, and property development. Ken McElroy: Well, thank you. Now, this book is a few years old, so, you know, I'm sure some things have changed. Despite being a renowned Real Estate Investor and Author, McElroy has kept details regarding his marital status confidential. Here are a few principles about property investing we need to get out on the table right now: The seller's asking price is irrelevant. 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. Youre super close. Ken McElroy: Tell the truth, be authentic, be transparent and it will work out. Id never been to anything like this. Over the course of his life, McElroy was accused of dozens of felonies, including assault, child molestation, statutory rape, arson . Youre neighbors now. Im having fun. It is your completely own grow old to sham reviewing habit. In addition, he is the author of The Sleeping Giant and The ABCs of Real Estate Investing. Play Audio. So, he had one little investment out in Arizona that he did for a favor and then I asked him if I could buy it, and he sold it to me and the rest is history. Review:The Abc's of Real Estate Investing:Ken McElroy. That was my first job. I love shining a light on Love Justice International because they are stopping human trafficking in 17 countries around the world. Were having fun, were making money for our investors and ourselves, and our employees are having a good time enjoying all of it. And I know youve experienced that as well. And so, I said, This is kind of cool. It wasnt a deep discount at all. 3. Real estate expert Ken McElroy shares his knowledge through books, courses, YouTube, and a podcast. 53K Followers, 5,726 Following, 1,666 Posts - See Instagram photos and videos from Ken McElroy (@kenmcelroyofficial) And so, I had a wrestling scholarship, thankfully, and I got in that way. In the beginning, Justin, I was going out and saying, Hey, if I find a good deal, would you invest? And the answer was always, Yes, of course, but then when the time came, they were nowhere. I mean, any time youre mentioning something with the word billions, you know that youre doing something right. We were talking about a few other people in your pipeline that you did this. 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. Take the Quiz to find 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 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. You know, now its kind of old news but this is like, this is going to happen. According to real estate guru Ken McElroy, Ask Ken Questions So, theyre just frothing for guys like us that can bring them something that provides cash flow tax-free. [] I was like, Oh, this is pretty good. And so, I was like, Maybe I should do a little bit more, and shes like, Id like you to write a book based on what youve done. Im like, I have no idea how to write a book. So, then I found somebody to help me do that and kind of mumbled through that, and thats how the ABCs of Real Estate Investing came out and then that opened more doors, as you know, to radio shows. Day 1. And you look at the table and its like a bound book. The book's compelling stories and lessons show why real estate is . I had a scholarship but didnt pay for everything. Ken McElroy: I appreciate it. Tickets: $20-$24; 713-862-3838, fitzlivemusic.com. And one of my professors at the school did what you did to a certain degree where he was property manager. Why the most rewarding part about making money is giving it away. And in addition to that, my partner Ross, he had some things happen in his family around cystic fibrosis. It was a senior and it still is a senior property. Instead of a lifetime cumulative average value, we only show the most recent ratings from users in the past 30 days or the newest 10 . And that was the little secret, Justin, that I didnt realize is that I was syndicating in the 90s and it wasnt a thing, and people were clamoring to find out how I invest in apartment building. Commercial-Free YouTube Videos And Im glad in many respects that I didnt figure that out that I was a little too hard-headed because it would have been for the wrong reasons. Ken McElroy Age. Its funny. But how did you guys meet and how did you broker this relationship? They rescued over 500 kids last month. Since then, Ken has experienced great success in the real estate world from investment analysis and property management to acquisitions and property development. I didnt even know he was going to talk to me. You did this with Robert. You can browse from a library of mini-courses, articles bonus podcast questions, and property management sample forms. I met with him the next day and, of course, I made that the topic like you would. The money like you have a good deal, trust me, money is the easiest thing to come by, even when you dont have it. With over $700 million investment dollars in real estate, Ken . Justin Donald: Thats incredible. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); You dont have to come from money to build wealth. He's a regular guest on popular podcasts such as The Real Estate Guys Radio, The Lifetime Cashflow through Real Estate, and The Ken McElroy Podcast. He shares his expertise with millions of people around the world, appearing on Tony Robbins' Wealth Mastery. And the issue when I came on was that all the downstairs were full and all the upstairs werent for obvious reasons, right? 5.0 out of 5 stars The 40Yr Old Virgin Critic. I bought it over 20 years ago. There is a point in time before you knew him youve had success before you ever met Robert but you guys became great friends. And I told him that I had to get running because we had our interview and he goes, Oh yeah, I know him, and hes from the Seattle area. As per sources, he has assets of $750 million in real estate. So, the two of us together, were still together and hes an incredible friend. 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. You jump to a $9 million purchase price. @kenmcelroy. Im like, Oh my gosh. And that was right before lunch and I remember Kim came up to kind of handle me a little bit because I was just like, What am I doing here? And I was completely not dressed very well, either. Premium Newsletter MC Companies has been on the scene for the last 23 years, and it is only growing stronger every year. This is a self-guided course with worksheets and real-life examples. Ken McElroy: I didnt overpay. MC Companies. Obviously, its not perfect. Ken McElroy, Principal and Co-Partner of MC Companies, has over 26 years of senior level experience in multifamily asset and property management, development. The Advanced Guide To Real Estate Investing . Ken McElroy 2020-09-29 Many Americans dream of financial freedom, but they're stuck in dead- . And so, were involved in a community. I wish I would have forgiven. Watermark-Free Sample Forms More Important Than Money: an Entrepreneurs Team. Bob Boze Bell True West Magazine, Bio, Wiki, Age, Salary, and Net Worth, Sarah Carey Chef, Bio, Wiki, Age, Wife, Partner, Recipe, And Net Worth, Copyright 2023 | WordPress Theme by MH Themes, List of States in the US, Alphabetical list of States in the U.S., and Abbreviation of States in United States. Resources + Links: Connect with Danille on Instagram | Check out the Ken McElroy show on Youtube | Text PODCAST to 480-605-4814 to get VIP updates from Kara! Table of Contents. Now, theyre all podcasts and things like that. It was a small property that barely turned a profit, but it didnt matter. And then my friend, he started California Closets and he was one of the founders at EO. We had a good time in Dallas, thats for sure. In his account, he shares his over two decades of experience as a real estate investor. Its kind of fun. Photos not available for this variation. So, thats how it started and then I started traveling with them because I wanted to learn how to speak better. Essentials of Real Estate Finance can help students pass their exams, assist professionals advising clients, or help buyers understand what finance options are available. The ABCs of Real Estate Investing - Ken McElroy 2013-02-28 This book will teach you how to: Achieve wealth and cash flow through real estate Find property with . And so, now I love it because Ive come full circle. With real estate's relatively predictable cash flow, I believe it's still a sensible way to invest for the long term. It doesnt take much like you can make a commitment in seconds. And so much of what youre saying is just spot on, especially with like the deal terms. You know, it reminds me when I was younger. I was supposed to be there Friday or Saturday, totally forgot.

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