Hidden Real Estate Niches That Are Thriving in 2024: Insights Brandon Turner
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 20 June 2024
⏱️ 40 minutes
🧾️ Download transcript
Summary
Webinar will be on June 25, 2024 at 5PM PT.
Ken McElroy and Brandon Turner chat about the most promising real estate niches for 2024. From mobile home parks to assisted living, they discuss unique investment opportunities that are thriving despite market challenges.
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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
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Transcript
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| 0:00.0 | Welcome to the Real Estate Strategies podcast. |
| 0:02.8 | Let's get right into this episode. |
| 0:05.0 | Hey, everybody's Ken McRoy here, and I'm here with my good buddy, Brandon Turner. |
| 0:09.8 | Everybody knows. |
| 0:10.5 | Brandon, welcome back to the show. |
| 0:12.9 | Ken, thank you so much. |
| 0:14.2 | I was so jazzed to get the invite to come on and talk to you. |
| 0:16.8 | I always walk away smarter after talking to you, so thank you. |
| 0:19.8 | Oh, it's so good. I know we got a |
| 0:22.0 | great history. I really enjoyed coming to your Better Life Tribe event in, uh, in Denver. And that was a |
| 0:28.9 | blast. Thanks for having me for that. And yeah, thank you. Congrats on the success, sir. One of the things |
| 0:34.5 | I wanted to talk about today with you is you had some really good posts about real estate niches that are absolutely crushing it in 2024. I really think it's important that we focus on that now because there's a lot of doom and gloom and there's a lot of clickbait stuff all over YouTube. I would rather just focus on what is working. And I know before this, |
| 0:56.7 | we talked about there's actually more, there's quite a few actually. And there's a lot of a little |
| 1:01.4 | niche. I think you call them fringe real estate investments. Let's start talking about that. |
| 1:06.5 | And, you know, because there's a lot of people making a lot of money right now and that aren't doing |
| 1:11.3 | single family that aren't syndicating, you know, right? Yeah. And in fact, you brought this up. |
| 1:16.1 | You mentioned a point in one of your talks at the Better Life Summit that we did, where you mentioned |
| 1:20.8 | like, you were saying like, hey, the cycle looks like this. And then you paused and you said something |
| 1:24.8 | like, well, keep in mind, I'm talking about multifamily. Every asset class has kind of a different cycle and they don't always flow together. |
| 1:32.0 | And I remember that just being such a solid point, because yeah, it's easy to go on a TikTok video |
| 1:37.4 | or an Instagram video and be like, real estate is bad right now. And then everyone's like, |
| 1:41.8 | oh, yeah, it's bad. But the reality is, things always |
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