WBP - Property Management Tips to Maximize Profit with Ken McElroy

Jake & Gino: Real Estate Investing & Multifamily

Jake & Gino

Smartinvesting, Buyingrealestate, Investing, Multifamilyrealestateinvesting, Business, Investingsmart, Apartmentinvesting, Management, Makingmoney, Realestateinvesting, Cashflow, Jakeandgino, Realestateinvestment, Commercialrealestateinvesting, Buyingapartmentbuildings, Entrepreneurship

4.9 • 842 Ratings

🗓️ 24 September 2020

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

For over two decades, Ken McElroy has experienced great success in the real estate world–from investment analysis and property management to acquisitions and property development. With over $1B investments in real estate, Ken offers a unique perspective on how you will get the biggest return on your investments. Ken and his business partner, Ross McCallister are the founders and owners of MC Companies, which is a real estate investment company, primarily multifamily of over 10,000 units and 300 employees. Ken’s commitment to the success of MC Companies is rooted in his desire to help others live their best lives. His passion for real estate, speaking, writing and philanthropy is always embedded in his daily guidance whether it be in a meeting at MC or a speaking engagement across the world. He’s been featured on Cheddar, Fox and Friends, Forbes, ESPN and many more. He’s a consistent contributor to Jetset Magazine and Rich Dad Radio. Ken is the author of the best-selling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and most recently his book on entrepreneurship: The Sleeping Giant, where he shares his real-life examples and ideology of how to be successful in business and in life. He recently launched his newest book: Return to Orchard Canyon, a business novel. As the Real Estate Advisor to Robert Kiyosaki of The Rich Dad Company, Ken is also a chapter contributor in the Rich Dad book, More Important Than Money: an Entrepreneur’s Team. He speaks with us about syndication, the downturn and Gretzky. kenmcelroy.com/jakeandgino/ The Rundown Property Management MSI Development Asset Class Buying Land Value Add Cap Rates Overpaying General Contractors Architects Team Structure Learning By Failing Overhead Resident Retention Financial Freedom Reasons Reap Rewards Partnership Valuation Market Research Splitting Focus Syndicating Turnaround Construction Refinancing Buy & Hold Mistakes Renovation Cost to Equity Underwriting Tips Giving Back Rich Dad Coming Recession Portable Market Property Taxes Migration Hiring Scaling Up Book Recommendations Check out our Upcoming Live Events! Subscribe to our Youtube Channel for lots of great content! Buy our new book The Honey Bee! Audio Book Available Now!

Transcript

Click on a timestamp to play from that location

0:00.0	You know, you guys talk about financial freedom all the time.
0:02.3	Well, the management company literally is financially free because, you know, I control the revenue to it.
0:12.9	Hello, everybody is, Jake Stenzion, host of Webberle, our profits podcast.
0:17.2	Who my co-host, a multifamily mentor, the coach, a chef, and father six, the bestselling author, the g daddy gno barbo jean how's it going mr stenziano we're talking dongles today
0:26.4	we're talking swords keep a pg man we're talking blue shirts i mean that's just the beginning we're
0:31.8	going to have an amazing show today because we've we've podcasted this guest a couple years ago
0:36.1	a lot has changed I know he's gotten
0:38.6	probably much better than what he's been doing. He's out and he's got a beautiful background out
0:42.6	there. So Jake, let's introduce today's guest. Absolutely. Today's guest is Ken McRoy, co-founder of
0:48.5	the MC companies and real estate advisor to Robert Kiyosaki. With over $1 billion in investments under management and real estate,
0:56.2	Ken offers a unique perspective on how you will get the biggest return on your investments.
1:01.3	He is also the author of the best selling books,
1:03.4	The ABCs of Real Estate Investing.
1:05.4	I haven't read many real estate books, but I read that one.
1:08.3	Also, the Advanced Guide to Real Estate Investing,
1:10.7	the ABCs of
1:11.8	property management and most recently, I don't know if you got this one, book on entrepreneurship,
1:17.2	The Sleeping Giant. So without further ado, Ken, welcome to the show. Hey guys, thanks. Great to be
1:22.5	on again. I haven't talked to you guys in a while. How are you doing? We're doing great.
1:25.9	Doing really good. Now,
1:30.9	let's get it kicked off for the folks that haven't heard your story. Why don't you just give them a quick background on how you got into multifamily investing? Yeah, well, I started through
1:37.9	property management right out of college and, you know, started managing properties while I was still
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jake & Gino, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jake & Gino and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.