Buying 6 properties - you can do it too!

Ken McElroy Show

Ken McElroy

Business, Investing, Education, Business News, News

4.8 • 692 Ratings

🗓️ 20 April 2022

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Rachel Richards, from https://moneyhoneyrachel.com, gives insight into how she was able to accumulate 40 doors over 6 properties while still in her 20s. She talks about how anyone with the right mindset can do it too!Join Ken at his next live event with Robert Kiyosaki on Monday, April 25, 2022, for a Happy Hour and discussions including your questions. Sign up today at: https://kenmcelroy.com/happy-hour/Check out Ken's Inner Circle where you can watch additional videos, webinars, and happy hour discussions and ask your questions to Ken. Follow this link: https://kensinnercircle.com/• • •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, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor. 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 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. 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 channel 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 channel. 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 channel 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 channel. 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 which 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. © 2021 KenMcElroy.com, LLC. All Rights Reserved.#kenmcelroy #realestate #realestateinvesting

Transcript

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0:00.0	So hey everybody, we're on with Rachel.
0:02.2	She's a TikTok star and her handle, I guess, is Money, Honey, Rachel.
0:08.9	Is that right, Rachel?
0:09.8	Yes, that's correct.
0:11.0	Yeah, welcome, welcome to the show.
0:13.4	You know, I was really looking forward to doing this because, you know, I talked to a bunch of
0:17.8	old guys.
0:18.4	It seems like a lot of times, you know, I mean, like Robert and I,
0:21.8	when we're together and all the advisors or whatever, and so it's really exciting, you know,
0:26.7	to talk to somebody that's educating, you know, our youth.
0:31.0	Rich Dad, Poor Dad was a game changer for me as it was for, you know, millions of other people.
0:35.4	And I still push it really hard. So I try to get all my people
0:38.7	to read it as well. But I first read it in high school. And by then, I was already very much a
0:44.0	finance nerd. So this was just another book that I was reading in my repertoire. But this one was
0:48.9	different because it was the first book that turned me onto real estate investing. And that's part of what lit the fire in me to pursue
0:56.3	real estate investing at a later age. So that's what I credit that book for doing. So all right, well,
1:01.7	I think everyone wants to know like what was it? You know, like, because even I myself, I didn't have,
1:08.4	I wasn't investing or studying like you in my 20s. Like I probably should have
1:12.5	been. I started later in my 30s and obviously had had good success from there. But what was it
1:19.1	in your 20s that made you like all of a sudden go, you know what? This is what I'm going to do.
1:23.9	There were a few things. And really it started earlier on in my childhood. I grew up in a really
1:28.6	wealthy county. It was a very unrealistic bubble to grow up in in Kentucky. And just to give you some
	...

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