Recession Warning: What Investors Need to Watch Out For!

Ken McElroy Show

Ken McElroy

Business, Investing, Education, Business News, News

4.8 • 692 Ratings

🗓️ 11 July 2022

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

join Ken and Danille as they discuss recent changes in the economy and how it is impacting real estate and real estate investors going forward. Ken discusses the impact of rising interest rates, lowering cap rates, and the overall result on projects going forward.Sign-up for the webinar with Danille on "Growing Your Business through Social Media" on Wednesday, July 13th at 5PM Pacific: https://kenmcelroy.com/webinarWant to ask Ken a question or have him look over a deal? Sign up for Ken's Inner Circle: https://kensinnercircle.com• • •Be sure to click the bell to be notified as soon as the next informational video is posted!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. 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. 2022 KenMcElroy.com, LLC. All Rights Reserved.#kenmcelroy #LiveStream #realestateinvesting

Transcript

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0:00.0	Welcome to the Real Estate Strategies podcast, where we host in-depth conversations on everything
0:07.8	real estate with the industry's biggest movers and shakers. I'm your host, Ken McElroy, joined by my
0:14.0	co-host, DeNeil. Let's get right into this episode. Well, so what we wanted to, well, a couple things.
0:19.5	Let's do some general house cleaning.
0:21.0	So this Wednesday, I have a webinar with Hunter Bailey and it is going to be on social media.
0:27.5	So all things social media, it's a free webinar, how to get more Instagram followers, how
0:32.4	to promote your business.
0:34.5	I mean, this guy is a whiz.
0:36.3	He owns impact crate. He took their sales over,
0:40.1	what, a million bucks a year? Yeah, well, it's way more than that. But here's the real thing around Hunter.
0:45.6	So, you know, a lot of the guys my age, like my friend Michael, you know, we started with all
0:53.4	traditional methods of advertising and sales and which was,
0:58.3	you know, going and knocking on doors and getting orders and putting up, you know, inventory to
1:05.1	different distributors. And, you know, including Costco and Cabellas and all that.
1:11.5	So, so what, what they did is they completely flipped the model and they went direct to the customer via social media.
1:19.5	So they changed their entire business sales from the old school model, which was, you know,
1:25.6	load everything up in a warehouse, send it out to your
1:28.5	distributors and then I hope that you get paid to selling directly and then getting the AI,
1:34.2	the data on the customers. So the point of this, though, for the webinar is like if you're a
1:39.3	syndicator, if you have a business, if you're trying to grow your own personal brand, Hunter is the guy.
1:45.1	So it's going to be at 6 o'clock.
1:47.3	I'm sorry, it's going to be at 5 o'clock, Arizona time.
	...

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