The ABCs of Property Management: What You Need to Know to Maximize Your Coupons are always real-time. And so, I remember I read Rich Dad Poor Dad and I was like, This is incredible. 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. How Ken developed an unexpected friendship with Robert Kiyosaki. This is working. As per sources, he has assets of $750 million in real estate. As of now, McElroy has managed over $1 billion worth of properties. You know, hes very bright, very smart, way smarter than me in a lot of ways. Now, this book is a few years old, so, you know, I'm sure some things have changed. We believe that everyone deserves financial freedom. But then the next one is a little bit easier and the next one became a little bit easier, and the deal started getting bigger. And so, I remember that my mentors were authors. Theyre donating their time, donating their resources, theyre starting them themselves, theyre sitting on the boards of them.. The money like you have a good deal, trust me, money is the easiest thing to come by, even when you dont have it. He was born in a state in the United States. Ken McElroy, The ABCs of Real Estate . So, this would have been almost 25 years ago, I guess. Mc Companies is a longstanding real estate investment company based in Arizona. See original listing. 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. Why relationships are the foundation for success. Words of wisdom:Ken didnt come from a wealthy family, and it was only when he started finding success with real estate investing that he realized most deals are less mysterious than they seem from the outside. 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. old pros as well as novice investors, this friendly, straightforward guide walks readers step by step through every stage of property analysis. Real estate expert Ken McElroy shares his knowledge through books, courses, YouTube, and a podcast. I was taught the same as everybody else. A dedicated educator and a heck of a nice guy, Kenny is a Summit favorite, and we're . The power of putting yourself out thereand how this mindset led Ken to working with Tony Robbins. I received this book 2 days ago, and I have already finished reading it, there is a wealth of information here, for those of you who are thinking of going into real estate I advise picking up a copy. Danielle Mcelroy - Public Records Trena McElroy, center, is led to a car with her stepson Ken McElroy Jr. . What you can expect to see are videos about real estate investing, entrepreneurship, and life lessons I have learned not only from my experiences but also the high caliber mentors and business minds that I am surrounded by. And I end up raising money through my attorney at the time and his buddies. Robert Kiyosaki, the author of the renowned bestseller Rich Dad Poor Dad, refers to him as a Rich Dad advisor. Presumed owner of the real estate located at 13201 N 69th St, Scottsdale. Ken McElroy - CEO / Co-Founder - MC Companies | LinkedIn About Ken McElroy | Real Estate Education with Ken McElroy I mean, plain as day, I was like, Hey, Im out buying properties and Im looking for capital. Real Estate Market 2023 - Robert Kiyosaki, @KenMcElroy And so, we said, Okay. The Collective Advisors - Mastermind Group Its, well, untraditional I think like everybody gets into real estate. Ken Rex McElroy (June 1, 1934 - July 10, 1981) was a resident of Skidmore, Nodaway County, Missouri. I always tell people because when I first started, it took me a long time to get into real estate. I love shining a light on Love Justice International because they are stopping human trafficking in 17 countries around the world. Please note that some processing of your personal data may not require your consent, but you have a right to object to such processing. Real Estate Strategies with Ken McElroy - Audible.com 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. He is the owner of MC Companies in Scottdale since 2000. Essentials of Real Estate Finance can help students pass their exams, assist professionals advising clients, or help buyers understand what finance options are available. Further, his account has 16,287,514 views with 299K subscribers. I didnt know what I was doing but, thankfully, property management was kind of my ticket for my next eight years. Its in Sun City, Arizona, and I bought it for $9 million and I didnt know how I was going to do it with $2 million down and $7 million in debt roughly. Exhibit P - Public Comments April 14 Through April 20 Where: Fitzgerald's, 2706 White Oak. Rich Dad's Advisors: The ABC's of Property Management - Ken McElroy 2008-09-12 The speakers also emphasized the importance of changing one's . Justin Donald: So, what was the first property that you bought? I wanted to learn how to articulate from stage and I wanted to see the world. I bought it over 20 years ago. Hes a general contractor. It is one of our core values. 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 We had a good time in Dallas, thats for sure. If Im going to meet this guy I better go buy his book and read it. So, I went to the store and bought the book. I received this book 2 days ago, and I have already finished reading it . Real Estate Titans offers an insider's view into several of the most successful investors on the planet. 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. And so, just scrapping it out, trying to be a little more educated than I was. Obviously, its not perfect. Yeah. 5.0 out of 5 stars The 40Yr Old Virgin Critic. So, welcome. Reviewed in Canada . But moreover than that, there are so many people that dont even have basic human rights and human freedoms. Rich Dad's Advisors: The Advanced Guide to Real Estate Investing: How And for what its worth, I loved your book. Im the guy that gets the call and says, Hey, heres a property. And so, its been a heck of a fun journey, honestly, just speaking with all of these different folks over the years. Its 182 units. The process behind transitioning into investing and landlording. Ken McElroy: Thanks. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. That is what youll see. Justin Donald: Thats right. Ken McElroy has lived and breathed real estate for his entire adult life, learning from the ground up. Well, each kid I brought up, we summited. In fact, that is one of our core values is to be giving. So, thats how it started and then I started traveling with them because I wanted to learn how to speak better. Ken is a Rich Dad Advisor to Robert Kiyosaki ("Rich . So, its quite a few charities because we have 250 employees. Ken McElroy on Building a Billion Dollar Real Estate Empire EP 61, In property management, I was creating all this value for other people. McElroys mother worked as a hairdresser and his father a contractor. But if I called you up right now and I said, Hey, we buy it for this. So, the both of us, by this time, the properties that we had owned were quite a bit and they were kicking off lots of cash. Ken McElroy: Its so true, Justin. And so, the lessons of life theyre everywhere as you navigate things and you start to open your mind and see things for what they really are. But what really happened, which was really interesting was we had quite a bit of money in the foundation and then the pandemic hit. And the issue when I came on was that all the downstairs were full and all the upstairs werent for obvious reasons, right? behind Ken's fourth book, The Sleeping Giant, is to help inspire people to believe And then the broker started to take a look. 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 was hooked. Its 182 units. Together with his real estate investment company, MC Companies, Ken has transacted over $1 billion in real estate. I dont think I underpaid. Justin Donald: I love it. So, all this stuff starts to happen. As the Real Estate Advisor toRobert KiyosakiofThe Rich Dad Company, Ken is also a chapter contributor in the newly released Rich Dad book,More Important Than Money: an Entrepreneurs Team. Find many great new & used options and get the best deals for Rich Dad's Advisors: The ABC's of Real Est- 0446691844, paperback, Ken McElroy at the best online prices at eBay! He also was prominent in organizing the Pueblo Businessmen's association, and was regarded here as a real business leader. And this is the only place where Im guaranteed to answer your questions and look over your deals. Today, Ken is committed to helping as many people as possible to achieve financial freedom through real estate. And he was one of the richest. We . Also, he offers advice on finance, budgeting, the entrepreneur mindset, and creating passive income. And if the deal is good enough, the money will show up. And thats the truth. 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. And you know, its interesting, my parents werent able to afford my education either. Its awesome unless they have to which is rare. Investor, Entrepreneur, Best-selling Author, Rich Dad Real Estate Advisor. I say this often in my podcast that the people that I meet and get to know better, its so fun. He is also a contributor for The Real Book of Real Estate. Youve got to come up with $2 million. And so, you did this with your attorney. Management. And I think that people could learn that lesson. You know, its funny because I just recently did a podcast with Tom Wheelwright, and he spoke at our conference that we just had for The Lifestyle Investor Mastermind and private clients. Been Researching Real Estate investing, but is it right for us? Ive got to assume you didnt have this yourself. Ken is passionate about educating others so that they too can experience financial freedom through real estate investing. Ive read every book but it was the first book I ever read on real estate. The seniors didnt want to walk up the stairs. I need to start making moves towards it versus not just laying in this limiting belief space where I think I have to have the money. I dont know the exact number that we give out every year now. Thank you for sharing that with us and with our audience. Ive owned and built self-storages and office buildings and condo projects and single-family. Ken has transacted over $1 billion in real estate. Let us show you how to get there. PDF Real Estate Finance And Investments 15th Edition Join us for the Investor Summit on Sand! And one day I was like Im on the wrong side of the desk here. I go, Look at this brochure. Where to find Ken McElroy: Website | YouTube | Twitter | Facebook, I started with a two bedroom, two bathroom using my own money like a lot of people, thats how you start. And so, were involved in a community. Real Estate Investor Author Entrepreneur Partner at MC Companies 1 Billion AUM C-Suite Radio Host. Ken has gone on to experience great success in the world of 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. I was like, well, the good thing when youre young is that you dont know any better, and I didnt know any better. They promote the upcoming Limitless Expo, featuring over 40 speakers on topics related to . Were a very giving company. Im like, Sure. 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. Thanks so much. Associated persons: Joseph J Knouse . View Full Itinerary. Ken McElroy, Principal and Co-Partner of MC Companies, has over 26 years of senior level experience in multifamily asset and property management, development. Ken got his start during college, when he took a job managing an apartment complex. With multiple units, the property value is based on the current cash flow of the property.". Condition: Very Good. And then, of course, when I was hanging out with Robert Kiyosaki at the conference we were at, he just spoke so highly of you. in ZEBULON, GA on realtor.com, your source for top rated real estate professionals. Ken McElroy. 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. I understand this and I love spending time there and time as far as treasures, right? Ken Rex McElroy was shot dead inside his pick-up truck on the 10th of July, 1981, via a storm of bullets. 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 didnt have a lot of mentors in investing or entrepreneurship or anything like that. 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. 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 . What type of investor are you? But in a dramatic act of . And so, I had a wrestling scholarship, thankfully, and I got in that way. Obviously, its not perfect. 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. I didnt know anyone when I was young that was a business owner that invested as a profession. Its got a $20 million value-add, we got to put this much in it, and Ive already got a debt quote. You would say, In. Now, there are a zillion things that I have to prove out but a lot of people dont realize that investors are sitting on a bunch of money typically in their bank account and/or theyre making a bunch of money and their companies are kicking off a bunch of money. I would bring them on a lot of those trips. With over $700 million investment dollars in real estate, Ken . Justin Donald: Yeah, thats incredible. 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 pursued and matriculated with a bachelors degree in Business Administration and Management General in 1990. So, whats the story there? More Information. Its quite a few charities, because we have 250 employees. Ken McElroy, The charity thing has been really significant for us. And then, of course, philanthropy comes from there. He is the owner of MC Companies in Scottdale since 2000. In addition, he is the author of The Sleeping Giant and The ABCs of Real Estate Investing. I didnt even know he was going to talk to me. Free shipping for many products! I mean, just the level of success youve had is spectacular. Were you overpaying? 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. Long Distance Investing - Billy Keels by Mailbox Money Show You know, it reminds me when I was younger. Ken McElroy: Sure. Ive just had so much fun getting to know you and learning more about your story. Free shipping for many products! Back then we didnt have the internet and trying to figure out people that had money. About us. And if the deal is good enough, the money will show up. And thats the truth. A major factor in Ken's real estate success is his brand, MC Companies. 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. Monthly Webinar Monthly Webinar But we used an arms length. 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. I had no idea. 18 Best Real Estate Investing Books For Beginners 2023 Id love to hear more about that. Were making money. Key Takeaways with Ken McElroy. Day 9. Ken McElroy: It is. I jumped in my car and I drove up. Lets designate a bunch of money from our properties into these foundations and bring on this director, so which we did. Upon graduating with his high school diploma, McElroy enrolled at the Pacific Lutheran University School of Business in 1986. I was supposed to be there Friday or Saturday, totally forgot. And so, Im like, Well, okay. So, then I really got involved and I said, Okay. Price: US $99.99. Premium Newsletter So, theyre just frothing for guys like us that can bring them something that provides cash flow tax-free. Rich Dad's Advisors: The ABC's of Real Estate Investing: The - eBay 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. So, with Robert and I, as you know, I kind of skipped over the whole books and all that kind of stuff because its a significant piece but its really my kind of give-back education piece is writing all the books. I know like, well, I climbed Kilimanjaro twice with my kids. Ken McElroy: Tell the truth, be authentic, be transparent and it will work out. Ken McElroy | Profiting From Expected Volatility - JetsetMag.com Justin Donald: When I first started, it took me a long time to get into real estate. And every time you want to maybe feel a little bit bad about yourself or feel down, all you got to do is go back to some of those moments. 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. When my dad passed 10 years ago, I got to learn all about hospice and all of that. You determine the property value, which becomes your offer. Hes involved with development, construction and property management. And then he asked me, hes like, Hey, do you want to come to one of my events? I swear this is true. And thats really taken off. 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 real potential Show you how to unlock the myths that are holding you back Negotiating the deal based on the numbers Evaluate Limitless! The Financial Freedom Expo - June 15-17, 2023 3pm - 6pm. Id get up before school and deliver the Seattle Post Intelligencer at like 5 a.m. And I did that every day for a couple of years and I would knock on the door and try to collect the money, you know? Ken McElroy: I appreciate it. Says Rich Dad Advisor and Author Ken McElroy: - Medium Day 2-8. 6) Create Your Investment Checklist. You know, now its kind of old news but this is like, this is going to happen. 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. Media. And then thats when I realize theres all these people out there trying to learn. 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. ' 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. Investing Calculators Where can we find you? Like, where would I hang out with them? The common theme was that I should get involved in philanthropies. Ended: Apr 24, 2023 , 6:11PM. The old code will just perpetuate the development patterns we have. Your time, your treasures in these spaces for the right reasons and its amazing the fun synergies and connections you can have with other like-minded philanthropists that value this in their life and in their business. We need these changes to our zoning code to support better development patterns that incentivize affordable and sustainable housing. And like a lot of people, thats how you started. Robert Helms, one of the hosts of The Real Estate Guys Radio, personally knows him as his attorney. Ask Ken Questions 70% Off Ken McElroy Coupons & Promo Codes - Dec 2022 - CouponBirds Real Estate Market 2023 - Robert Kiyosaki, @KenMcElroy 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. 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. So thats what I did. The murder occurred in broad daylight, with as many as sixty eye-witnesses present . I always felt very sorry for her. You can also help by providing an honest rating & review over on Apple Podcasts. He was on the Forbes list at the time in New York, and I called him up and I remember as plain as day I was walking through the Portland airport and I was on the phone with him and we cut a deal right then over the phone almost in a handshake and hes like, Ill send over the documents. And its a long story behind it but I had his trust as being the property manager for a while because it had a rough start, I fixed it, and he had one investment.

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