EP194: The ABCs of Real Estate Investing – Interview with Ken McElroy
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There are a lot of myths out there about real estate investing. And unless you’ve actually had experience as an investor, it can be easy to succumb to these misconceptions. On this episode of Investing in Real Estate, our guest is real estate legend and Rich Dad advisor, Ken McElroy! Ken is here to clear the air about some of the most commonly held beliefs about real estate investing.
Ken is a legend in the world of real estate; he has done over $700 million in real estate deals. On today’s show, Ken is sharing his insight into the world of real estate, and sharing principles from his best selling book, The ABCs of Real Estate Investing!
More About This Show
Ken McElroy’s journey into the world of real estate began in the property management sector. He explains that this prepared him for his future in real estate investing. Working in property management gave him a complete understanding of business expenses and income.
He naturally began purchasing his own rentals, but like many investors, he found that his capital was not unlimited. Ken started looking for ways to raise money, and along the way crossed paths with Robert Kiyosaki. At the time, Rich Dad Poor Dad was not yet a massive success.
Today, Ken and Robert have been investing together for over 15 years. Together, they raise capital from accredited investors. Robert touts Ken as one of trusted advisors.
Ken has had incredible success as an entrepreneur, real estate investor, and author. On today’s show, he’s sharing some of the biggest myths about real estate from his book, The ABCs of Real Estate Investing. We’ll also talk about the importance of goal setting, how to get started, and what Ken looks for in a deal.
If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.
On this episode you’ll learn:
- Do you need to be a seasoned negotiator to find capital?
- Do you need money to get started in real estate?
- What is Ken’s advice for aspiring investors?
- Why is setting a clear goal so important?
- What aspects of a deal does Ken think are more important than the numbers?
- And much more!
The ABCs of Property Management by Ken McElroy
The Advanced Guide to Real Estate Investing by Ken McElroy
The Sleeping Giant by Ken McElroy
More Important Than Money: an Entrepreneur’s Team by Robert Kiyosaki and the Rich Dad Advisors
Rich Dad Poor Dad by Robert Kiyosaki
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