how old is ken mcelroy real estate
And when you have the thing that others want who have money, it is really easy to raise it. And so, we went all over the world together, and now Ive now written six books, I think. So, weve sold off some of those and we do development, construction, property management, all in-house. Ken McElroy has lived and breathed real estate for his entire adult life, learning from the ground up. Where can we find you? 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. 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 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. 6 Jun 2023. Ken McElroy has an estimated net worth of $20 million. Ken McElroy: It is. I believe that you had to have a bunch of money in the bank. So, we give a lot. How did I not know about this? I was laughing the other day because I started as a paperboy when I was 14. 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. First time Ive been on stage and hes like, Tell them what you do, and he walked off. I put my family first and I would bring them on a lot of those trips. He started telling me some of your story about how youre doing property management in the early days and tied up with Robert. How did you figure that out? The steps Ken took to raise money and secure a $9M multifamily deal as one of his first investments. Youre super close. And so, the charity thing has been really significant for us. 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! If you can find a good deal, the money will always follow. 40.3K Followers. . document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); You dont have to come from money to build wealth. Free shipping for many products! Ken McElroy: Yeah. He was born to hardworking parents and grew up in a state in the United States. I actually just need to go find the deals. 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. She remarried in 1983, and, from what I know, lived a fairly happy life. In fact, that is one of our core values is to be giving. Ken McElroy. The turning point came when the property owner dropped by the office to pick up his check for the month. With real estate's relatively predictable cash flow, I believe it's still a sensible way to invest for the long term. We have at KenMcElroy.com/LifestyleInvestor we actually have a test that says, What kind of investor are you? So, you can maybe try that. Ken got his start during college, when he took a job managing an apartment complex . Day 9. 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! Id never been to anything like this. He was a real estate attorney, still my attorney, by the way, and an incredible friend. Its because in Arizona, things are easily $300 a door right now and in some cases $400 a unit. Ken McElroy: Yeah. 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, then what we did was we ended up doing partnerships with our vendors. Table of Contents. 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. The Smallbiz Brain. I didnt even know he was going to talk to me. in the course of guides you could enjoy now . And it was fun to write. And so, thats one of my philosophies. Were you underpaying? You know, hes very bright, very smart, way smarter than me in a lot of ways. 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. Thats probably the best place you can look on there. Please note that some processing of your personal data may not require your consent, but you have a right to object to such processing. Robert Kiyosaki, the author of the renowned bestseller Rich Dad Poor Dad, refers to him as a Rich Dad advisor. McElroy helps as many people as possible to achieve financial freedom through real estate. Youve done that. Literally, those are at the top. In addition, he is the author of The Sleeping Giant and The ABCs of Real Estate Investing. But his determination to learn and ability to surround himself with the right people eventually paid off. 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. They will show you how to become a successful real estate investor. Let us show you how to get there. Sure. You fill it out. 4,377 Following. Because when we officially met, I hadnt even connected the dots yet when you said, Oh, yeah, I was that guy that wrote it. I was like, Ah. You hold a special place in my heart. You can also help by providing an honest rating & review over on Apple Podcasts. 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 . He shares his insights and experiences on his podcast, Real Estate Strategies with Ken McElroy, and on his wildly popular YouTube channel. Find real estate agency McLeRoy Realty Associates,Inc. But your story is incredible, and Id love to have you share some of it here with our audience. McElroy stands at the height of 5 ft 7 in (Approx 1.74 m). Virtual Happy Hour with Ken Ill outwork: Thats the kind of wrestler I was too. 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. Tweets. What was the market for that? Ken McElroy is the co-partner of . In this episode, Ken talks about his unbelievable journey and his steps to go from property manager to property owner. Its in a 55-age restricted community. Ken McElroy: Yeah. Ive read every book but it was the first book I ever read on real estate. . "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 You jump to a $9 million purchase price. One of these women was 24-year-old. Take advantage of my community forum, where you can connect with people just like you. In fact, he spent 8 years managing properties before he would own any of his own. And the way that worked back then was that you got whatever you collected over a certain amount. You know, now its kind of old news but this is like, this is going to happen. I understand this and I love spending time there and time as far as treasures, right? Were having fun, were making money for our investors and ourselves, and our employees are having a good time enjoying all of it. Dec. 15, 2010. And you know, its interesting, my parents werent able to afford my education either. McElroys net worth is $20 Million. What began as a way to simply cover his room and board ignited his entrepreneurial spirit. I dont know the exact number that we give out every year now. I met with him the next day and, of course, I made that the topic like you would. Deals get done almost on a napkin now. Weve been to Russia, Asia, Australia multiple times, all over Europe, all over the US, Canada, Mexico, Spain, you name it. And I just got to say Ive had so much fun hanging with you here today. The process behind transitioning into investing and landlording. And if the deal is good enough, the money will show up. And thats the truth. Its awesome unless they have to which is rare. They just said, Sorry. Ken is passionate about educating others so that they too can experience financial freedom through real estate investing. Honestly, it was an incredible experience. 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 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 attended college through an athletic opportunity. On your own asset, maybe you only have one at a time. Its kind of fun. It wasnt a deep discount at all. And one of those is relationships. 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. 5) Now Calculate the Exact Value of the Property. We do have something for your listeners. I was taught the same as everybody else. 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. Were making money. 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. 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. 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.. More Important Than Money: an Entrepreneurs Team. 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. View Full Itinerary. And so, were involved in a community. What is it? I had no idea he did seminars or anything and hes like, Yeah. Like, was that a fair price? 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. And a lot of times their options are financial planners of the stock market. Watermark-Free Sample Forms For over two decades, Ken McElroy has experienced great success in the real estate world through investment analysis, acquisitions, property management, and property development. 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. It just didnt matter. 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. Real estate investing and property management. My Inner Circle Membership provides a space for real estate investors to learn, make connections, and get expert advice. And so, I remember I read Rich Dad Poor Dad and I was like, This is incredible. And I was a volunteer. 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. 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. I bring my kids and all that kind of stuff. Overcoming the limiting belief that you need money in order to make a deal happen. Ken oversees the company's asset portfolio and leads the day . The job ignited his entrepreneurial spirit and his turning point came as he was picking up his check. And so, like you have your book, right? 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. Id love to hear more about that. I already have my rich uncle. 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. 13145 Old Farm Dr, St Louis. And so, thats what I did. I go, Look at this brochure. Even though he didnt invest, the lesson from him was invaluable because youre asking all the wrong questions, youre doing all the wrong things, youre looking at all the wrong things and you have all the wrong assumptions, and you think you do but you dont. Ken McElroy Age. I mean, these are people that had a huge impact whether they know it or not. I had a scholarship but didnt pay for everything. Review:The Abc's of Real Estate Investing:Ken McElroy. of Bluffton, SC passed away on 7/25/2020 . Although Trena rode with McElroy at the end, she was victimized by him at age 12. So, that kind of got us through that period of time. And I was scared to death. I mean, just the level of success youve had is spectacular. Ken was hooked. What you do need is a strong work ethic, solid relationships, and a willingness to put yourself out there! He owns over 10,000 units in Manhattan. Connect with the Guest: Website:https . Today, Ken is committed to helping as many people as possible to achieve financial freedom through real estate. 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. Ken McElroy. In addition, the podcast contains 284 episodes as of April 19, 2023. Its interesting because you talk about how and I remember when we first met youre like, Yeah. 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. It was a senior and it still is a senior property. I wish I would have forgiven. Im like, Sure. Monthly Webinar But how did you guys meet and how did you broker this relationship? And its funny because over time, I kept getting the same answer and finally it clicked for me and that was, Oh, the people that have figured it all out and are really successful in life and are so successful that they dont need to work, theyre spending their time at these charities. He actually had an opportunity to buy the apartment complex as a college student and then manage it, which is just. And then when I started to get involved, what happened was a friend of mines son was diagnosed with autism and this is years ago and before autism was this is back in the day when I really didnt have a lot of notoriety. I mean, you hear the right deal and youre in. 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. Building on the foundation of real estate investment 101, McElroy tells readers: . Upon graduating with his high school diploma, McElroy enrolled at the Pacific Lutheran University School of Business in 1986. Hes involved with development, construction and property management. he has worked as a Real Estate Investor, Author, and Entrepreneur for over 20 years. Through his profession, he has attained a decent fortune. And so, obviously, when something like that happens you have to evaluate things. Justin Donald: You know, its interesting. 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. Is that right? Hes a general contractor. Ken McElroy was born in United States on June 1, 1934.. On Popular Bio, Ken McElroy is one of the successful Criminal. You know, its beautiful, right? So, yeah, I didnt want to fail so I did it. The price for membership is $299.00 per Year. Trena McElroy, center, is led to a car with her stepson Ken McElroy Jr. . I believe that you had to have a bunch of money in the bank. And thats just really just taken off. Save $60 And, boy, did I have an education at that place. I mean, plain as day, I was like, Hey, Im out buying properties and Im looking for capital. 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. Ken is a Rich Dad Advisor to Robert Kiyosaki ("Rich . Kens Investor Test for Lifestyle Investor listeners, Tom Wheelwright on The Lifestyle Investor, Unlock the Secrets to Optimal Health & Longevity with Regan Archibald EP 131, Making Extraordinary Exits Possible with Rob Follows EP 130, Using Seller Financing to Build a Real Estate Empire with Gabriel Hamel EP 129, Vanessa Peters on Investing in Land Entitlement and Making Big Returns with Vanessa Peters EP 60, Dave Allred on Creating a Life by Design with Real Estate Investing EP 62 , The Secrets to Building a Billion Dollar Real Estate Empire - Justin Donald. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. On Sunday morning I woke up. Ken McElroy: Yeah, its true. Thank you for sharing that with us and with our audience. And a lot of times their options are financial planners of the stock market. Monthly Webinar Right now, I own about not quite 1.5 billion. I bought it over 20 years ago. And this is the only place where Im guaranteed to answer your questions and look over your deals. 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. So, the call right before this was with a lifestyle investor mastermind applicant. Premium Videos & Mini-Courses I received this book 2 days ago, and I have already finished reading it . I didnt know what I was doing but, thankfully, property management was kind of my ticket for my next eight years. And if the deal is good enough, the money will show up. And thats the truth. Yeah. And thats how I got on the other side and I started doing that in the late 90s and I never looked back. Ken Rex McElroy (June 1, 1934 - July 10, 1981) was a resident of Skidmore, Nodaway County, Missouri. And then I really got immersed into it and my whole company got immersed into it. The money like you have a good deal, trust me, money is the easiest thing to come by, even when you dont have it. Also, he offers advice on finance, budgeting, the entrepreneur mindset, and creating passive income. But Robert and I were at a conference in New York with Trump, and I remember we were walking through the Javits Center and theres this booth. And when you have the thing that others want who have money, it is really easy to raise it. He has an estimated net worth of $20 Million attained from working as a renowned Real Estate Investor, Author, and Entrepreneur. Well, as you know, I know you do this too, deliver on your promise and everything else works. Holy cow. Realtor.com Real Estate App 502,000+ old pros as well as novice investors, this friendly, straightforward guide walks readers step by step through every stage of property analysis. And so, for me, I was already headed down that track but then it just solidified all of it. [] And I know youve experienced that as well. Discounts on Upcoming Courses. I might not have been the strongest and fastest, but nobody was gonna outwork me. In addition, he is the author of The Sleeping Giant and The ABCs of Real Estate Investing. Why the most rewarding part about making money is giving it away. Reviews go a long way in helping us build awareness so that we can impact even more people. 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. Check out my Channel on Youtube that was created to inspire you to grow your mind and money and ultimately live your best life. Key Takeaways with Ken McElroy. In his podcast, he shares his personal experiences and the strategies hes implemented throughout his career. Its always a primary issue in our firm. If youre looking for step-by-step instructions on how to find, buy, manage, and get the most out of a property, my Closing Your First Deal course is here to help. 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. Justin Donald: So, what was the first property that you bought? So, I learned that you not only spoke on stage with him and I believe it was that wealth mastery but I think youre the youngest speaker Tony had ever had. He called and said, Listen, Ive got only a year to live, and he got diagnosed with cancer. 228 talking about this. Justin Donald: We did. He shares his expertise with millions of people around the world, appearing on Tony Robbins' Wealth Mastery. 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. 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 made a career of being able to have these long-term relationships. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ken McElroy has lived and breathed real estate for his entire adult life, learning from the ground up. 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. And then as you would imagine and not by any kind of design, that attracts a different kind of employee. Here is a list of the top 18 real estate books to read in 2023. And so, I remember that my mentors were authors. Mc Companies is a longstanding real estate investment company based in Arizona. It is like the same excuses, almost exact. 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. According to real estate guru Ken McElroy, He is the owner of MC Companies in Scottdale since 2000. Ken McElroy has experienced massive success in the real estate world-from investment analysis and property management to acquisitions and property development. 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. The money like you have a good deal, trust me, money is the easiest thing to come by, even when you dont have it. . And if you guys know anybody that is interested, let me know. And so, I got a referral. 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 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. And so, I poured myself into that and thats been a labor of love. [], 2023 Justin Donald | Refund Policy | Privacy | Terms |. Mc Companies is a longstanding real estate investment company based in Arizona. Ken McElroy: Thanks. I love shining a light on Love Justice International because they are stopping human trafficking in 17 countries around the world. Today, Ken is committed to helping as many people as possible to achieve financial freedom through real . Like, that to me is something to pay attention to. So, this would have been almost 25 years ago, I guess. She was born June 14, 1944. . Rich Dad's Advisors: The ABC's of Property Management - Ken McElroy 2008-09-12 So, Im coming out with the new revised version next year but that book has been great, tried and true. I actually was pretty good at keeping it full and managing it. And for what its worth, I loved your book. Get 59 Ken McElroy coupon codes and promo codes at CouponBirds. Ken McElroy: Oh, yeah. His current net worth is around $20 million. We . I brought them to a bunch of those places, as my kids were growing up, and made it a family affair. And so, you did this with your attorney. His name was Leonard Litwin. Ken McElroy, The ABCs of Real Estate . Our turnover was almost nothing. And so, its been a heck of a fun journey, honestly, just speaking with all of these different folks over the years. So, I love it that you do that. I didnt know any better. 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 . Well, the best way is KenMcElroy.com and on there, youre going to find all kinds of stuff. But Im still the first person in our extended family to actually graduate from college. This channel is a place for . 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. I had no idea. And then so that started from a physical standpoint. Its a true story about buying any unit building and how to do it. Justin Donald: Now, Ken, youre used to just like doing some property management, youve got a single-family home, maybe youve picked up one or two more at this time but like this is a big move to move from property management on other peoples stuff. Ask Ken Questions When my dad passed 10 years ago, I got to learn all about hospice and all of that. And I start with my rich uncle. They promote the upcoming Limitless Expo, featuring over 40 speakers on topics related to . Ken has held many board positions with the Arizona Multi-Housing Association with the most recent as past Chairman of the Board. Presumed owner of the real estate located at 13201 N 69th St, Scottsdale. You guys have been friends for a long time. It was Robert. Just always try to be an exchange of equal value. Ive now written six books. Premium Articles And so, reading your book, I was like, Man, this is possible. 3) Employment, Population, and Location. And then shes like, Youre going to get swamped, because all I did was talk about what I was working on. Its in Sun City, Arizona, and I bought it for $9M. Discounts on Upcoming Courses. And thats really taken off. 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. Since then, Ken has experienced great success in the real estate world from investment analysis and property management to acquisitions and property development. Like, where would I hang out with them? The common theme was that I should get involved in philanthropies. "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 . You know, we used to be called YEO at the time, which is Entrepreneurs Organization. Try NOW! So thats what I did. Get & Download PDF Who ABCs of Real Real Invest - Ken McElroy Free, Update the latest option with high-quality. 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. Our investors are happy. Further, he is a sought-after speaker on real estate investing at events around the world. Investing Calculators And so, Im like trial by fire, I guess, and then eventually kind of turn that into the more of a learning platform like yourself and put some real effort behind it and some people behind it and put some wind behind it. 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. 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 has lived and breathed real estate for his entire adult life, learning from the ground up. So, I didnt have a lot of mentors in investing or entrepreneurship or anything like that. -Ken McElroy Original publish date: August 22, 2018 Ken McElroy has generated over $750 million investment dollars in 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.
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