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Ken McElroy Show

What is an accredited investor?

Ken McElroy Show

Ken McElroy

Business, Investing, Education, Business News, News

4.8692 Ratings

🗓️ 26 February 2020

⏱️ 17 minutes

🧾️ Download transcript

Summary

Join Ken as he talks with Jen Costanza about what is an accredited investor and how Ken and his team manage the process of evaluating and working with their investment pool.Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Real Estate Strategies podcast. I'm Ken McRoy and I'm here to give you creative ideas on how you can get started or continue your journey in real estate.

0:10.8

Each week, we will bring you inspiring and informative conversations with successful people and their path to obtaining or investing in real estate.

0:19.9

Enjoy the episode.

0:24.2

Hey everybody. It's Ken Makro here. Thank you for listening to our podcast. This is Jennifer

0:28.2

Kstands up. As you guys know, we like to bring a lot of our team members onto the,

0:33.2

onto the show because it, you know, it does take a team to pull all this off. I mean, we have lots of investments. You know, at one point, we had close to a billion dollars

0:41.4

with a real estate investments. Jennifer's job is to handle all the existing investors. So we,

0:48.1

as you can imagine, we have hundreds and hundreds of investors. They email, text, call,

0:53.9

you know, all day long, right? All the time. They, they do it to me,

0:57.6

to my partner, Ross, to Jennifer, you know, basically whoever will listen, right? So we have all that.

1:03.4

But then we also have the 1,400 people that are trying to invest with us, and they're all accredited.

1:10.4

And so welcome to the show.

1:11.8

Thank you.

1:12.5

Happy to be here.

1:13.1

Jen, Jen, Jen.

1:13.8

So Jen's had a lot of roles in our company, and she's doing a really, really good job.

1:21.0

And most of our investor management happens through a software that we use, that it's basically a portal for everyone, right?

1:30.0

Yep.

1:30.3

So why don't you explain how that works for the investor?

1:33.3

Yeah, so the investor goes on, the other username, password, and once they're in there,

1:37.9

it shows all of their entities, because some have multiple entities, all of the investment

1:43.5

slash properties, if you will, that are invested in that entity, all of the investment slash properties, if you will,

...

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