Ken McElroy Real Estate Strategies
“Real Estate Strategies with Ken McElroy” is your weekly meet-up where real estate entrepreneur and CEO Ken McElroy shares his personal experiences and the strategies he’s implemented throughout his career, from his first job as an apartment manager to today, having successfully scaled up to over $1 billion in real estate investments. Each week, Ken and his co-host Danille delve into a wide range of topics related to real estate, including entrepreneurship, current events and their impact on investors, the investor’s mindset, and the best practices for a thriving business. Their guests have included a diverse range of authors, entrepreneurs, and investors, such as Robert Kiyosaki, Jaspreet Singh (“Minority Mindset”), and Brandon Turner (“Bigger Pockets”). Their conversations are candid, occasionally irreverent, and always informative. Be sure to subscribe so you never miss an episode.
Our Editor's Take
Ken McElroy Real Estate Strategies is a podcast that addresses each aspect of real estate investment. Cohosts Ken McElroy and his wife, Danille, have extensive experience in the industry.
Ken has devoted his entire career to investing in properties, beginning in college. He's the founder and CEO of MC Companies. Ken is a sought-after speaker and the author of several books. He cowrote some of them with his frequent collaborator, Robert Kiyosaki. Ken says, "Environment is stronger than will." He recommends surrounding oneself with otherwise investors. Danille was a teacher who became an entrepreneur and investor during summer breaks. The podcast hosts now have several streams of income.
The podcast offers top tips for first-time investors. The first is to pick a lane and commit to it. There are too many investment opportunities to learn everything about them all. Options include land, residential, commercial, property management, storage, and vacation rentals.
The podcast hosts explain how to start building wealth at a young age. They also reveal why people don't need their own money to invest. Ken and Danille recommend trackable spending and share various ways to do it. Danille's friend puts a week's worth of cash in an envelope and doesn't exceed it. Ken says even buying everything with a credit card and paying it off every month is better than not paying attention to spending.
The podcast explains buying in a seller's market. Ken and Danille say getting prequalified is essential. Low-ball offers won't work. It's also important to see the property the first day it goes on the market. Danille names the credit score buyers need to get the best rate. Ken says the price is important to consider. The number of days on the market is a good indicator of whether the price reflects its value.
The hosts answer listeners' questions, including what to do if an appraisal is low. As busy as they are, it's generous for them to teach others how to do what they do. New episodes of the Ken McElroy Real Estate Strategies podcast arrive intermittently.
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