Unleash Your Potential: Beginner's Guide from Passive Income to Real Estate Investing
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 23 August 2023
⏱️ 45 minutes
🧾️ Download transcript
Summary
Ken & Danille McElroy talk with Ray Glymph, a self-made entrepreneur who shares his inspiring journey from being homeless at 19 to owning over 100 doors in real estate. Ray delves into the pivotal moments, small steps, and crucial principles that led him from financial struggle to abundant success, emphasizing the importance of education, knowing your numbers, and strategic investments. You can learn more about Ray at his Instagram account: https://www.instagram.com/rayglymph
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Visit Ken's Bookstore: https://kenmcelroy.com/books
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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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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.
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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. |
| 0:11.3 | I'm your host, Ken McElroy, joined by my co-host, DeNeil. |
| 0:15.4 | Let's get right into this episode. |
| 0:17.4 | Hey, everybody. |
| 0:17.9 | It's Ken and DeNeal here. |
| 0:19.0 | Hello. |
| 0:19.5 | And I'm excited to be with Ray Glyp, the great Ray. We met at Libelis. Hey, everybody. It's Kenneth DeNeil here. Hello. And I'm excited to be with Ray Glyp. |
| 0:21.6 | Ray, we met at Libelis in Scottsdale recently and your story I think um you know there's a whole lot of knowledge from from from |
| 0:39.2 | where you started to where you are and and sounds like you're giving back a lot now so uh why don't we |
| 0:44.5 | just start with your story because I think it's pretty remarkable sure um so I'm originally from |
| 0:49.9 | Brooklyn New York um my family were weren't rich by any means. We grew up, I guess so-so. |
| 0:57.6 | And after September 11th, my dad had lost his job. We were just an average family. He lost |
| 1:03.6 | his job. My mom, she was working, but just like most families, we found it hard to keep up. |
| 1:10.0 | And unfortunately, we faced homelessness. |
| 1:12.2 | I believe I was like 13, 14 around that age. |
| 1:15.3 | And I remember going to the homeless shelters. |
| 1:17.8 | One of the saddest times I ever had, I remember having a garbage bag, putting all my stuff into a garbage bag. |
| 1:23.4 | And that kind of shaped my life of what it became. |
| 1:27.2 | And I knew moving forward, I knew I never wanted to be homeless again. |
| 1:32.3 | So at that point, I think my first job was about the age of 16. |
| 1:36.3 | I picked up whatever side jobs I could. |
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