how old is ken mcelroy real estate

You know, it reminds me when I was younger. 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. Hes involved with development, construction and property management. Associated persons: Joseph J Knouse . And I love that youre so good about developing relationships with people that become long-term business relationships and then they become friendships. It was Tom Wheelwright. Key Takeaways with Ken McElroy. You raise the first floor and theres a bunch of other things that we did but we ended up filling it up. Ken McElroy: Yeah. The ABCs of Real Estate Investing by Ken McElroy - Complete Book Summary. 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. It was you. So, we had very low turnover. 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. Justin Donald: I love it. Discounts on Upcoming Courses. I appreciate your time and being on your channel and I know were going to get you on mine. Justin Donald: We did. Its always a primary issue in our firm, and as you would imagine, that attracts a different kind of employee. SKIDMORE, Mo. Ken McElroy: Thank you. And I think that people could learn that lesson. You can browse from a library of mini-courses, articles bonus podcast questions, and property management sample forms. One of these women was 24-year-old. It was cool hearing all that he knew and hes actually from Redmond, Washington, or lives there right now, so just outside Seattle. Ken has held many board positions with the Arizona Multi-Housing Association with the most recent as past Chairman of the Board. Id love for my audience to learn more about you. Thanks. 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. It has links to get to the company, which is MC Companies. 5.0 out of 5 stars The 40Yr Old Virgin Critic. He actually had an opportunity to buy the apartment complex as a college student and then manage it, which is just. But thats kind of a wrestler I was too is I might have been the strongest and fastest, but there was nobody that was going to outwork me. comprehensive coverage of real estate concepts as well as a detailed overview of the industry. Play Audio. Justin Donald: Thats incredible. Also, he offers advice on finance, budgeting, the entrepreneur mindset, and creating passive income. Ken McElroy has lived and breathed real estate for his entire adult life, learning from the ground up. And then I started doing a bit of those. Im like, Oh my gosh, I completely blew off Rob. The power of putting yourself out thereand how this mindset led Ken to working with Tony Robbins. But in a dramatic act of . So, this would have been almost 25 years ago, I guess. 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. in ZEBULON, GA on realtor.com, your source for top rated real estate professionals. 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. The seniors didnt want to walk up the stairs. He also was prominent in organizing the Pueblo Businessmen's association, and was regarded here as a real business leader. I mean, just go google it. So thats what I did. Im going to take this over, and I became the chairman of the walk for two years while he was recovering. MC Companies has been on the scene for the last 23 years, and it is only growing stronger every year. 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. Why the most rewarding part about making money is giving it away. How did I not know about this? Its really an incredible thing that theyre doing and it gives me so much joy to see the impact that this focused energy and really just the book itself has been able to create. MC Companies. I ended up kind of being in property management and I learned so much but what I learned is I was creating all this value for other people. McElroys net worth is $20 Million. You can also help by providing an honest rating & review over on Apple Podcasts. 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. Ken is passionate about educating others so that they too can experience financial freedom through real estate investing. But I also love really what youve done on the charitable side. Its, well, untraditional I think like everybody gets into real estate. And part of that trip is working in an orphanage for the blind in Africa. Summary. Ive just had so much fun getting to know you and learning more about your story. As my friend says, Way leads the way leads the way. Its just things connect as you get into motion. TheABCs of Property Management: What You Need to Know to Maximize Your Money Now. And so, I remember I read Rich Dad Poor Dad and I was like, This is incredible. 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 was taught the same as everybody else. So, we give a lot. So, I start with a two-bedroom, two-bath using my own money. I would bring them on a lot of those trips. People do not move when theyre seniors. Where can we find you? Ken McElroy, The ABCs of Real Estate . Justin Donald: When I first started, it took me a long time to get into real estate. 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. I didnt even know he was going to talk to me. I didnt know anyone when I was young that was a business owner that invested as a profession. Ken McElroy has experienced massive success in the real estate world-from investment analysis and property management to acquisitions and property development. 3. The Smallbiz Brain. Ken McElroy: Yeah. Ken McElroy has generated over $750 million investment dollars in real estate. It was just a number of different people, Stephen Covey, and I mean just you name it, Napoleon Hill. Its 182 units. And so, I said, This is kind of cool. Thats probably the best place you can look on there. 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.. They cant keep the same vendors, clients, whoever it is that they use. Virtual Happy Hour with Ken 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. 28:05 - Advice for a 20-year-old self. And we didnt lay anybody off, of course, but some of our employees families had been severely impacted. Monthly Webinar I can do this. 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. Ive never heard him speak so highly of anyone before. 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 . So, on Sunday morning I woke up. In fact, theyre opening nine more locations and theyre just doing incredible work. 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. And then so that started from a physical standpoint. 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 Im the guy that gets the call and says, Hey, heres a property. So, the two of us together, were still together and hes an incredible friend. In fact, he spent 8 years managing properties before he would own any of his own. Click this link to get a free copy of the video notes: Learn more about Ken McElroy and sign up for his video library at: Join Ken McElroy as he explains how investing in cash flow positive real estate investments will have significant benefits as the U.S. economy moves into a more inflationary period. I say this often in my podcast that the people that I meet and get to know better, its so fun. 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. And if the deal is good enough, the money will show up. And thats the truth. They will show you how to become a successful real estate investor. Ive read every book but it was the first book I ever read on real estate. So, I brought them to a bunch of places as my kids were grown up and just kind of made it a family affair. And so, like you have your book, right? Commercial-Free YouTube Videos Ken got his start during college, when he took a job managing an apartment complex. [], 2023 Justin Donald | Refund Policy | Privacy | Terms |. And I start with my rich uncle. Ask Ken Questions Ken McElroy: I didnt overpay. 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 taught the same as everybody else. That was my first job. Ken McElroy: Yeah. Its because in Arizona, things are easily $300 a door right now and in some cases $400 a unit. Get 59 Ken McElroy coupon codes and promo codes at CouponBirds. Find real estate agency McLeRoy Realty Associates,Inc. So, everybodys all in sport coats and Im in t-shirt and shorts. I believe that you had to have a bunch of money in the bank. 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. What a mindset shift. And then when I read Cashflow Quadrant, I was like just totally blown away. Real estate investing and property management. And then for about a year, they passed on everything. Ken McElroy, Principal and Co-Partner of MC Companies, has over 26 years of senior level experience in multifamily asset and property management, development. Get Your Copy Analyze Deals Like a Professional Investor I love that youre doing this with your kids and that this is a family value for you. 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. He is the owner of MC Companies in Scottdale since 2000. Now, this book is a few years old, so, you know, I'm sure some things have changed. So, it was, Hey, figure out a way to go to college and to pay for it. And Ill tell you, really, you want some purpose. So, I didnt have a lot of mentors in investing or entrepreneurship or anything like that. He is also a contributor for The Real Book of Real Estate. He was a real estate attorney, still my attorney, by the way, and an incredible friend. What you do need is a strong work ethic, solid relationships, and a willingness to put yourself out there! And you know, in the last five years, we hired a full-time director of philanthropy. (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. . Ken McElroy: It is. 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. Also known as: Danielle M Cantwell, Danielle M Mcelny, Danielle Cantwell . I love shining a light on Love Justice International because they are stopping human trafficking in 17 countries around the world. Robert Helms, one of the hosts of The Real Estate Guys Radio, personally knows him as his attorney. 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. I was laughing the other day because I started as a paperboy when I was 14. 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 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. To date, he has acquired and sold in excess of $1 billion in commercial real estate. Its great to see you again. McElroy stands at the height of 5 ft 7 in (Approx 1.74 m). Dec. 15, 2010. He has an estimated net worth of $20 Million attained from working as a renowned Real Estate Investor, Author, and Entrepreneur. Ken McElroy. And well catch you next week. To get your questions answered and learn more about Ke. So, I started small and made small mistakes but I was in the property management business, so I actually was pretty good at keeping it full and managing it and all that. So, yeah, I didnt want to fail so I did it. But his determination to learn and ability to surround himself with the right people eventually paid off. And when you have the thing that others want who have money, it is really easy to raise it. . With real estate's relatively predictable cash flow, I believe it's still a sensible way to invest for the long term. I put my family first and I would bring them on a lot of those trips. They rescued over 500 kids last month. It was a small property that barely turned a profit, but it didnt matter. Ended: Apr 24, 2023 , 6:11PM. The old code will just perpetuate the development patterns we have. Apart from working as a real estate investor, he has authored several books. Check out my Channel on Youtube that was created to inspire you to grow your mind and money and ultimately live your best life. Ken McElroy 2020-09-29 . And a lot of times their options are financial planners of the stock market. Obituary daughter ken rex mcelroy. The story of how Ken went from managing an apartment building as a broke college student, to acquiring over $3B in real estate. I would ask him questions. Its 182 units. This channel is a place for . But if I called you up right now and I said, Hey, we buy it for this. As per sources, he has assets of $750 million in real estate. Management. 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. Justin Donald: Yeah, thats incredible. Real Estate Titans offers an insider's view into several of the most successful investors on the planet. And so, sometimes its friends first and then I do business with them but other times its doing business with them and then we become friends, and its just such a rewarding relationship. Real Estate Investor Author Entrepreneur Partner at MC Companies 1 Billion AUM C-Suite Radio Host. And if the deal is good enough, the money will show up. And thats the truth. He was born in a state in the United States.McElroy is around 55 years old although details regarding the date and year he was born remain unknown.. Ken McElroy Height. And what that turned into was a full-time Director of Philanthropy. 3pm - 6pm. 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. According to real estate guru Ken McElroy, So, what happened was obviously and we talked about my first building then I bought another one and I have a partner too, Ross McCallister, who we merged our companies as well and that made us stronger. I didnt know how I was going to do it: $2M down and $7M in debt, roughly. 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. Would you clean it up and fix it up? And Im grateful. [] Free shipping for many products! Further, he is a sought-after speaker on real estate investing at events around the world. Reviews go a long way in helping us build awareness so that we can impact even more people. And thats really taken off. But how did you guys meet and how did you broker this relationship? Advice for people interested in investing in real estate. You started knocking on doors, calling, and trying to figure out people that had money. Ken McElroy. 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. Mc Companies is a longstanding real estate investment company based in Arizona. 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 has worked as a Real Estate Investor, Author, and Entrepreneur for over 20 years. I dont think I underpaid. Day 9. I mean, these are people that had a huge impact whether they know it or not. Ken McElroy Age. 228 talking about this. 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. They just said, Sorry. The steps Ken took to raise money and secure a $9M multifamily deal as one of his first investments. Were having fun, were making money for our investors and ourselves, and our employees are having a good time enjoying all of it. Its about understanding that determination and self-motivation are the real keys to thriving. 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. Its kind of fun. 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. 2000 - Present23 years. Like, was that a fair price? Its in a 55-age restricted community. Its like 25 questions but it kicks right to your inbox. He is the owner of MC Companies in Scottdale since 2000. And so, were involved in a community. Ive now written six books. Its not for us. They promote the upcoming Limitless Expo, featuring over 40 speakers on topics related to the economy, money, gold, debt, and negotiation. In his podcast, he shares his personal experiences and the strategies hes implemented throughout his career. Photos not available for this variation. But if I called you up right now and I said, Hey, we buy it for this. THANK YOU! Ken McElroy 2020-09-29 Many Americans dream of financial freedom, but they're stuck in dead- . It is your completely own grow old to sham reviewing habit. You know, now its kind of old news but this is like, this is going to happen. Justin Donald: Oh, its so cool. It is like the same excuses, almost exact. He pursued and matriculated with a bachelors degree in Business Administration and Management General in 1990. Building on the foundation of real estate investment 101, McElroy tells readers: . And so, that was really cool. And the way that worked back then was that you got whatever you collected over a certain amount. 4 Likes. And it was fun to write. 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. 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. More Important Than Money: an Entrepreneurs Team. And you look at the table and its like a bound book. And so, the charity thing has been really significant for us. Like, where would I hang out with them? The common theme was that I should get involved in philanthropies. Sorry. For over two decades, Ken McElroy has experienced great success in the real estate world through investment analysis, acquisitions, property management, and property development.

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