Airbnb Meltdown & The Billionaire's Guide to Real Estate Mastery
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 24 January 2024
⏱️ 48 minutes
🧾️ Download transcript
Summary
• • •
Visit Ken's Bookstore: https://kenmcelroy.com/books
• • •
ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. 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. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
Ken's company: https://mccompanies.com
• • •
DISCLAIMERS: Any information or advice available on this podcast is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this podcast. Consult a financial advisor or other wealth management professional before you make investments of any kind.
Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this podcast are accurate and up-to-date, all information contained on it is provided ‘as is.’ Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this podcast. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites. All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate.
Comments that are off-topic, offensive, or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates.
© 2024 KenMcElroy.com, LLC. All Rights Reserved.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to the Real Estate Strategies podcast. Let's get right into this episode. This is a conversation |
| 0:05.6 | I had with Mark Moss a couple months ago regarding the Airbnb meltdown and a bunch of other |
| 0:10.3 | issues. So stay tuned. So Kenny, let's let's let's do this. I wanted to, I wanted to do an |
| 0:18.7 | interview with you. I have a lot of questions on my |
| 0:21.2 | own, uh, you know, I see, obviously I study these markets and I see some things, uh, framing |
| 0:26.8 | up that kind of has me waiting. I want to get your ideas around this. And then, uh, at the end, |
| 0:31.6 | maybe we'll talk about, um, some opportunities that you have, uh, with your fund and maybe some answer some questions here. So, you know, let's talk a first. I want to start first by talking about, you know, |
| 0:42.9 | you, I and Kiyosaki were on a show together, one of his shows that he did. And I remember he was |
| 0:48.0 | telling us a story of how you and him basically backed up the truck on debt in 2008 and how that, you know, you guys are |
| 0:57.3 | billionaires today because of that. |
| 0:58.6 | Yeah. |
| 0:58.8 | So right now we're at a ride around $2 billion in assets. |
| 1:02.1 | Most of those are multifamily. |
| 1:04.2 | So we've got about 9,000 units at the moment, some self-storage office, land development. |
| 1:10.0 | But primarily I'm a apartment guy |
| 1:12.2 | multi-family guy I've been doing it my 20 this my company is 22 years in business |
| 1:16.9 | and so what we were talking about in 2008 now keep in mind I was buying in 05 6 7 and |
| 1:23.6 | 8 so I watched everything happen that was I would call that like at the midpoint of my |
| 1:29.5 | career, you know, nobody knew what was going to happen. But there's one thing that was happening, |
| 1:34.4 | and that is my rental business, my apartment says, you know, I have a in-house property |
| 1:39.9 | management company. We have about 300 people in that company. And my, my apartment managers are saying, |
| 1:46.5 | hey, like these people were not, we're turning them down to rent and they're buying houses. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ken McElroy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ken McElroy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.