how old is ken mcelroy real estate

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. He was born in a state in the United States. And you just started knocking on doors, calling. Ken is passionate about educating others so that they too can experience financial freedom through real estate investing. Although Trena rode with McElroy at the end, she was victimized by him at age 12. 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. 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. Sure. Just always try to be an exchange of equal value. And that was a good differentiator because most people wont work that hard. Ken McElroy is the co-partner of . Our turnover was almost nothing. Deals get done almost on a napkin now. So, welcome. Ill outwork: Thats the kind of wrestler I was too. The key is investing only where it makes sense and . Ken McElroy: Oh, yeah. Day 2-8. Ken McElroy, The ABCs of Real Estate . You determine the property value, which becomes your offer. But in a dramatic act of . Not only is he a bestselling author and internationally recognized speaker, but hes the real estate advisor to Robert Kiyosaki of The Rich Dad Company. 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. You fill it out. Its interesting because you talk about how and I remember when we first met youre like, Yeah. The power of putting yourself out thereand how this mindset led Ken to working with Tony Robbins. Tony Robbins. And what that turned into was a full-time Director of Philanthropy. You know, its really funny because your reputation really precedes you on a few different levels. Back then we didnt have the internet and trying to figure out people that had money. Justin Donald: Yeah, thats incredible. Its a true story about buying any unit building and how to do it. Hes like, That is the book that just keeps on giving. Its been wonderful. Discounts on Upcoming Courses. They've raised interest rates six times and it's only gone down two percent." The good news, as Ken explains, is you can make money no matter what happens in the economy. In fact, that is one of our core values is to be giving. He is a man of average stature. Upon graduating with his high school diploma, McElroy enrolled at the Pacific Lutheran University School of Business in 1986. It was you. How Ken developed an unexpected friendship with Robert Kiyosaki. And you know, in the last five years, we hired a full-time director of philanthropy. 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. MC Companies. And well catch you next week. Replies. And so much of what youre saying is just spot on, especially with like the deal terms. Management. Ken McElroy. I understand this and I love spending time there and time as far as treasures, right? Justin Donald: I love it. He co-hosts the podcast with Danille and delves into a wide range of topics related to real estate. Also known as: Danielle M Cantwell, Danielle M Mcelny, Danielle Cantwell . 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. So, I go up on stage. He is possibly married as he lives with his family in Scottsdale, Arizona. Click to enjoy the latest deals and coupons of Ken McElroy and save up to 70% when making purchase at checkout. And so, we said, Okay. And I just got to say Ive had so much fun hanging with you here today. I bought it over 20 years ago. 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. 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. She lived in Conway, Missouri, and apparently died of cancer. Ken McElroy has lived and breathed real estate for his entire adult life, learning from the ground up. Let us show you how to get there. Im not getting paid. 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. in ZEBULON, GA on realtor.com, your source for top rated real estate professionals. Rich Dad's Advisors: The ABC's of Property Management - Ken McElroy 2008-09-12 Premium Videos & Mini-Courses I believe that you had to have a bunch of money in the bank. And if you look at our website, its to invest, to live, to play, to give. I tell you what, my partner just laughs. Lorem ipsum dolor sit amet, consectetur adipiscing elit. @kenmcelroy. I received this book 2 days ago, and I have already finished reading it . How did I not know about this? Ive read every book but it was the first book I ever read on real estate. Ended: Apr 24, 2023 , 6:11PM. Play Audio. And you know, its interesting, my parents werent able to afford my education either. It was not the phenomenon that it is today. (The two have very different views, but still good to know) McElroys mother worked as a hairdresser and his father a contractor. Ken McElroy. Id never been to anything like this. And so, for me, I was already headed down that track but then it just solidified all of it. Ken McElroy has lived and breathed real estate for his entire adult life, learning from the ground up. Its in Sun City, Arizona, and I bought it for $9M. Justin Donald: Thats incredible. And the issue when I came on was that all the downstairs were full and all the upstairs werent for obvious reasons, right? I was taught the same as everybody else. He attended college through an athletic opportunity. And so, that was really cool. What a mindset shift. And then when I read Cashflow Quadrant, I was like just totally blown away. Let me show you how to make the most out of your opportunities. People do not move when theyre seniors. On Sunday morning I woke up. 14. Its 182 units. And so, obviously, when something like that happens you have to evaluate things. 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. Weve been to Russia, Asia, Australia multiple times, all over Europe, all over the US, Canada, Mexico, Spain, you name it. Building on the foundation of real estate investment 101, McElroy tells readers: . Commercial-Free YouTube Videos The story of how Ken went from managing an apartment building as a broke college student, to acquiring over $3B in real estate. Investor, Entrepreneur, Best-selling Author, Rich Dad Real Estate Advisor. Life on tour isn't much of a theme in and of itself . In This Episode, You Will Learn: How to start from the bottom and work your way to the top. You did this with Robert. On your own asset, maybe you only have one at a time. I put my family first and I would bring them on a lot of those trips. About us. Ken McElroy: Yeah. Robert had me on stage. 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. Im like, Oh my gosh, I completely blew off Rob. And one of the things that I learned from hospice was that there are as they measure them at the end of life are peoples top regrets. More Information. 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. And I was scared to death. I mean, any time youre mentioning something with the word billions, you know that youre doing something right. The price for membership is $299.00 per Year. And in my EO chapter, there was a guy that knew Robert and I was raising capital. Here is a list of the top 18 real estate books to read in 2023. Were you overpaying? What began as a way to simply cover his room and board ignited his entrepreneurial spirit. And then so that started from a physical standpoint. . So, all this stuff starts to happen. Ken McElroy is a famous Real Estate Investor, Author, and Entrepreneur. 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 2020-09-29 . He owns over 10,000 units in Manhattan. With real estate's relatively predictable cash flow, I believe it's still a sensible way to invest for the long term. And one of my professors at the school did what you did to a certain degree where he was property manager. Virtual Happy Hour with Ken "I only work 90 minutes a week" Ken McElroy Ken McElroy has been successful in real estate investing, which has allowed him to build wealth and create My Inner Circle Membership provides a space for real estate investors to learn, make connections, and get expert advice. And so, now I love it because Ive come full circle. Get Your Copy Analyze Deals Like a Professional Investor Ken believes in sharing these successes, as well as his setbacks, to help educate and inspire investors to bridge the gap between where they are and where they want to be. Navy during the Korean War. Ken McElroy: Its so true, Justin. 13145 Old Farm Dr, St Louis. In his podcast, he shares his personal experiences and the strategies hes implemented throughout his career. Interview with Regan Archibald Unlock the Secrets to Optimal Health & Longevity with Interview with Rob Follows Making Extraordinary Exits Possible with Rob Follows Have you Interview with Gabriel Hamel Using Seller Financing to Build a Real Estate Empire Want A Simple, Proven System For Multiplying Your Wealth AND Replacing Your Job? Ken McElroy: Thank you. Yeah. 3. We have five core values and one of them is be giving. It was Robert. Come join us for one of our best podcasts ever with Ken McElroy, the author of The ABCs of Real Estate Investing, The Advanced Guide to Real Estate Investing and The ABCs of Property Management.. 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. 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. Literally, those are at the top. 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. He called and said, Listen, Ive got only a year to live, and he got diagnosed with cancer. of Bluffton, SC passed away on 7/25/2020 . And when you have the thing that others want who have money, it is really easy to raise it. Day 9. He shares his insights and experiences on his podcast, Real Estate Strategies with Ken McElroy, and on his wildly popular YouTube channel. The turning point came when the property owner dropped by the office to pick up his check for the month. 53K Followers, 5,726 Following, 1,666 Posts - See Instagram photos and videos from Ken McElroy (@kenmcelroyofficial) And then, of course, philanthropy comes from there. 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. Well, as you know, I know you do this too, deliver on your promise and everything else works. And so, I poured myself into that and thats been a labor of love. I dont know the exact number that we give out every year now. 4,377 Following. And so, all the profits of Lifestyle Investor have gone to an organization. Premium Articles The ABCs of Real Estate Investing by Ken McElroy - Complete Book Summary. I mean, just the level of success youve had is spectacular. 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. In addition to sharing his expertise, Ken also shares his mindset, because building wealth isnt simply about putting money in the right place at the right time. Justin Donald: Thats incredible. And I think that people could learn that lesson. And a lot of times their options are financial planners of the stock market. 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. You know, now its kind of old news but this is like, this is going to happen. And so, like you have your book, right? 4) The 3 Levels Of Research. And so, thats when I started to be more intentional. And so, just scrapping it out, trying to be a little more educated than I was. Ken has transacted over $1 billion in real estate. And then for about a year, they passed on everything. Discounts on Upcoming Courses. SKIDMORE, Mo. That is so cool. 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. And so, the charity thing has been really significant for us. McElroys net worth is $20 Million. They rescued over 500 kids last month. So, I brought them to a bunch of places as my kids were grown up and just kind of made it a family affair. 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. 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 Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. 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. Find real estate agency McLeRoy Realty Associates,Inc. And one of my mentors when I was off base with somebody, she said to me, Well, one of you is out of exchange. Im kind of like, Oh, thats a very interesting way to put it. And it was true. For over two decades, Ken McElroy has experienced great success in the real estate world through investment analysis, acquisitions, property management, and property development. 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. And I, of course, because I make a lot of money on my real estate, I dont even know why Im speaking. To get your questions answered and learn more about Ke. Ken McElroy: Yeah. So, what I did was I made the downstairs more expensive which drove the upstairs, again, just from being in property management you dont discount the upstairs. Further, he is a sought-after speaker on real estate investing at events around the world. Would love feedback from anyone who has taken his class, and especially to know if the content is helpful . You started knocking on doors, calling, and trying to figure out people that had money. Ken McElroy. Honestly, it was an incredible experience. So, I just go when I can around my family. 4 Likes. But Im still the first person in our extended family to actually graduate from college. He also hosts real estate training programs and has written six books, including The ABCs of Real Estate Investing. He hosts the podcast Real Estate Strategies with Ken McElroy. And so, we found that by having that just by doing something that Ross and I wanted to do, our culture got better, stronger, deeper, and tighter, and we started attracting very, very, very good people because they wanted to be part of something bigger than just making money. I read it in one night. You know, hes very bright, very smart, way smarter than me in a lot of ways. 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. The book's compelling stories and lessons show why real estate is . To date, he has acquired and sold in excess of $1 billion in commercial real estate. Ken was by no means an overnight success. And so, reading your book, I was like, Man, this is possible. In addition, he is the author of The Sleeping Giant and The ABCs of Real Estate Investing. Thats incredible. Ken McElroy: Yeah. The Smallbiz Brain. The Old 97's. When: 7 p.m. Tuesday. When my dad passed 10 years ago, I got to learn all about hospice and all of that. Its not for us. 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. Justin Donald: Thats so great. Price: US $99.99. Associated persons: John N Mcelroy, Karen S Mcelroy . Ken has gone on to experience great success in the world of real estate. Its great to see you again. And then the broker started to take a look. I always tell people because when I first started, it took me a long time to get into real estate. Obviously, its not perfect. I jumped in my car and I drove up. 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. And now weve acquired a little over $3 billion in assets. To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedomvisit JustinDonald.com/book. So, they set a certain number and then you got kind of that over. 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. You know, theyre like, Oh, this guy is like buying buildings now, and then the debt guys show up. And just the whole thing was just awesome and at the same time, running my business, growing the company, buying assets, and obviously did very well by Robert and Kim and grateful that they had the confidence in our company. And it was fun to write. And hes a little bit older than me and has a little more experience, too. And Ill tell you, really, you want some purpose. Well, the best way is KenMcElroy.com and on there, youre going to find all kinds of stuff. Also, he offers advice on finance, budgeting, the entrepreneur mindset, and creating passive income. The money like you have a good deal, trust me, money is the easiest thing to come by, even when you dont have it. Yeah, Ill come. MC Companies has been on the scene for the last 23 years, and it is only growing stronger every year. Whether you want to write your own deals, learn to syndicate, or be a passive investor, my Real Estate Investing Master Course is made for you. So, I start with a two-bedroom, two-bath using my own money. And I love that youre so good about developing relationships with people that become long-term business relationships and then they become friendships. Investing Calculators Ask Ken Questions 7-13 Jun 2023. So thats what I did. I just go when I can, around my family: I put my family first. 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. I would bring them on a lot of those trips. And the industry is very, very interesting and its a lot more collaborative than people might think. And I want to end this call as I end each call and that is with this, what is one step you can take today towards financial freedom and towards a life on your terms, a life by design, not by default? And for what its worth, I loved your book. Investing Calculators He was born to hardworking parents and grew up in a state in the United States. . I learned today that Trena McElroy, Ken McElroy's former wife, died on January 28, 2012. I always felt very sorry for her. Its kind of fun. They will show you how to become a successful real estate investor. As per sources, he has assets of $750 million in real estate. Coupons are always real-time. Further, his account has 16,287,514 views with 299K subscribers. A dedicated educator and a heck of a nice guy, Kenny is a Summit favorite, and we're . -Ken McElroy Original publish date: August 22, 2018 What type of investor are you? I didnt know anyone when I was young that was a business owner that invested as a profession. Together with his real estate investment company, MC Companies, Ken has transacted over $1 billion in real estate. You jump to a $9 million purchase price. He serves as the host of a weekly business podcast, Real Estate Strategies. 30:34 - Wrap up. 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. Because when you take two people that have their own unique set of superpowers and you combine them thats where you get that one plus one equals five. Save $60 Ken McElroy was born in United States on June 1, 1934.. On Popular Bio, Ken McElroy is one of the successful Criminal. 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. 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. 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. [], 2023 Justin Donald | Refund Policy | Privacy | Terms |. 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. 2) Identify the Demand and Supply. Ken McElroy, Principal and Co-Partner of MC Companies, has over 26 years of senior level experience in multifamily asset and property management, development. Youve got to come up with $2 million. Id love for my audience to learn more about you. And if the deal is good enough, the money will show up. And thats the truth. And thats just really just taken off. And then my friend, he started California Closets and he was one of the founders at EO. The old code will just perpetuate the development patterns we have. Ill be there. So, I forgot. Through his profession, he has attained a decent fortune. Lot Of 4 Rich Dad Advisors Real Estate Books - Ken McElroy Garrett Sutton VG. 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 2020-09-29 Many Americans dream of financial freedom, but they're stuck in dead- . Ken McElroy on Building a Billion Dollar Real Estate Empire EP 61, In property management, I was creating all this value for other people.

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