Get Rich Education

86: Ken McElroy | Recent Deal Flow, How Banks Work, Demographics, and KenFlix

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Sinopse

#86: Ken McElroy is our guest today. He’s the Rich Dad Advisor for real estate, controls more than 10,000 residential units, and is one of the best-known and most successful real estate investors in the United States. He reveals where he finds his deals today! Learn about how you can profit by acting just like the bank does. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 02:35  Keith brings you today’s show from Alyeska Resort in Girdwood, Alaska. 05:50  When real estate prices rise, cap rates fall. 7:58  Can’t beat the bank? Then BE the bank. Here’s how. 14:16  Why are (uninformed) people still saving money? 18:50  Here’s where Ken McElroy is finding his deals today. Primary, secondary, tertiary markets. 24:15  When oil prices fall, how soon does it hurt a real estate market? 28:17  Why Ken avoids buying in the U.S. Northeast, Southeast, and upper Midwest. 34:02  Demographics. 36:42