ken mcelroy real estate youtube

And I was, man, I tell you, I really was so, yeah. Buy ken mcelroy Books at Indigo.ca. What is the possibility that’s going to happen here?” Like on the college campuses, as an example, or on some of these big cities. Are you going to change that? And he said he thinks a third of the hotels in New York City are not going to make it. And that inventory is going to jump up so high that – and the demand’s going to be less that people are going to be hammered financially. I mean, this technology, Chris, has been out there, you know. Brian Brooks OCC Interview on Crypto and Banks, Video: “Unmasked – Have we uncovered the truth about the 2020 election!”, Ken McElroy: The Coming Real Estate Crash Of 2021. And property management really is common sense. And based on that, I actually – we can talk about it some other time – but I’m working on a project, which is starting from slightly more – we’re converting a residential place into a full space where people can come. One of the reasons I really like hanging out with you and the real estate guys and all the other crowd around this because everybody there’s an entrepreneur and entrepreneurship is about adjusting quickly, right? And so, it’s a very localized business and you know, you really make your money by having knowledge of each individual sub market. So, I was like, “Okay, now I’m going to have to figure out – I still am finding deals and the cash flow but now, I’m going to have to figure out how do I get the money?” And that’s when I learned how to syndicate, put groups together and find people that had confidence in me. You know, I just reach out to people that are much smarter than me and surround myself with those people and, you know, voila, you look better [laughter]. And I said, I asked him, I go, “How much do you think you can get for that?” He goes, “Probably 40, 50 grand a year, you know, with the right advertising.” So, I obviously put it into escrow. SGT Report is your daily source for truth in a time of universal deceit. Because obviously, COVID comes along – and I’d love to hear about your own pandemic experiences. And so, that just eliminated – and so, it’s all been propped up. You know, they both came home and finished in their rooms, you know, which was super weird. COVID came along and fortunately, I had this background in science to be able to help decode that. And so, I think the student housing market and the college, you know, institutions of higher learning, is under massive, massive attack. I believe that if  everything starts to open back up, if there’s a vaccine hopefully and we start coming back to normalcy next year, then you’re going to really see the aftermath. We knew every property. I mean, just that, like you know, it’s just – you know, so, you’ve really got to take a look at all that. Because I really believe what it did is it took things like – like my friends are in the retail market or in the mall space. You know, the largest allocation of money that I’ve done in years has been into real estate and primarily, productive farmland, timberland, you know, and things like that. It certainly ticks all my intuition buttons and it’s hard work but it’s the kind of work I love. Trillions and trillions of printing and it’s already here in the stock market. There’s lies [interruption]…. Ken McElroy: I agree with you. You know, we’re going to get – as a landlord, I know that that’s coming. It honestly is not. Ken McElroy: Yeah, right, right. Because whenever you have – real estate exists for people, not the other way around. Ken McElroy: Yeah, it is. They can’t kick it down the road because they’re paying somebody. My parents did not graduate from high school and so, you know, me being in college was a big thing. We sold a bunch in 2019, pulled a couple hundred million worth, which is good timing, I guess, in hindsight. What impact is the coronavirus having on that market? And so, after about a few months of just busting my butt, I had a construction background. Because they were already in big trouble with the direct-to-consumer stuff with Amazon and, you know, now Walmart and Target, everybody’s trying to catch up to Amazon. from Peak Prosperity: Facebook. You know, I think, honestly, you know, all your teachings roll very well into that – I always think of that tier, you know? So, they don’t calculate it all the way up. So, every property’s been a little bit different, every market’s been a little bit different. And now, that’s turned into be a good thing [laughter]. They also share their advice on what one must look forward to in terms And there’s so many. Because you had dorms that had two people in them and now they have one, as an example. Well, I’ll tell you what. Both the mortgage is still owed and the rent is still owed. So, they cut like men’s swimming and women’s diving or something, right? So, all that’s happening. And so, there’s a lot of cool stuff happening. I’m getting my ideas from the people that are joining, you know? But the government doesn’t always tell us the truth, you know? One, you know, so, we’re in the multifamily space. Well, it has to, right? It really is. Over the course of his life, McElroy was accused of dozens of felonies, including assault, child molestation, statutory rape, arson, animal cruelty, hog and cattle rustling, and burglary. They don’t actually produce anything. But if it doesn’t, you know, I’ll be there for when it comes back down. If I can not do that, I’m not going to do that anymore.”. Chris Martenson: Yup. 158 talking about this. Classified Ads Help needed for podcasts. I can understand it, it makes sense. CTRL + SPACE for auto-complete. So, all that’s happening. And so, I just believe that at some point, the music stops – you know, like in the musical chairs, you know – it stops. Chris Martenson: Yeah, yeah, I remember hearing you talk about your process with that and it was very scientific for a C student. Just it’s ridiculous now, right? You know, the restaurants that maybe sat 100 are not seating 50. And now, that thing’s doing about 45 net a year. Ken McElroy: Yeah, yes. I love your stuff. I started managing bigger properties, more properties, all up and down, basically from Northern Washington, basically, the Canadian border, all the way down through Oregon and even Southern California. And I can’t remember his name but you know, Starwood, they’ve got all the big hotels around the world. Congrats Team MC!! You know, you have all that, as well, just to add to the complexity of it all. And now that you can be anything from anywhere with Zoom technology and things like that, it really feels to me like this is a great period of reinvention. And I think that as you start to see that, you know, going out and doing something like you have and just being more sustainable, more off the grid, and a little more unplugged, I think is a very, very good idea. You know, they’re like, “Well, what’s the occupancy?” “Well, it’s 96% in the nation.” Well, you know, it might be 75% in Detroit, you know what I mean? You know, gyms that had all these members – you know, all these businesses that are, you know, they’re slowly going through massive change and massive behavior change. That was in the agreement. People are doing more at home together and they’re doing it in smaller groups. It’s a big deal. As you know, we’ve traveled all over the world together and, you know, you helped me look at my real estate markets a little bit differently with, like you said, the science and the math behind it all. I mean, things are on fire right now in the rural sector, you know, for these off-the-grid type stuff. Ken McElroy: So, you can find it on – KenMcElroy.com is our website, you know, and we have – it’s all free videos and forums and stuff if people are in the real estate. And at that point, there’s got to be massive, massive government stimulus to keep this thing going. You know, it’s hard when everybody’s doing – you know, like there’s a frenzy over things. And everybody’s going to sit down and things are going to sort themselves out and hasn’t had an opportunity to do that. Anything that has to do with the airlines, for example, airline mechanics, the pilots, and those kinds of things; trouble. And then, you’re going to really see the aftermath. I really am. So, they can tell me that food inflation’s 1.8% but I can tell you it’s not, right? You have to have – you have to watch supply and demand on those things and then, make sure that you’re out in front of it. That’s income for you. If you aren't excited about real estate development and being part of building a community, check out our latest project in Tucson. I’m not kidding. Facebook. Achacha now ready. He has over 1 billion dollars in real estate investments and is the real estate advisor to Robert Kiyosaki of The Rich Dad Company. You know, I think you’re going to start to see that stuff on the market in the next few years. You know, you start to look at the unemployment and then, you start to look at forbearance. And so, we’ve had to do all the PPE, the PPP, the EIDL, you know, everything. And I just think that there’s going to be a massive amount of money lost as a result of those closures. And I know people who are both paralyzed about the idea of moving or desperate to move. It has to be. It’s honestly, Ken, why I’m not all that pessimistic. So, for people who are really inspired by it, it’s a beautiful, beautiful spot. We were looking in New Hampshire and Massachusetts, two whole states. You know, because I thought, “Oh, that’s just what you’re supposed to do.” I didn’t realize you can, you know, vend it out. Ken McElroy: That’s exactly my point. Listen to this week’s show and learn: 02:00 Keith cannot think of a greater contributor to real estate investing education this generation than Ken McElroy. These are the words of the great Ken McElroy, who’s like the guru of real estate investing. You just mentioned one aspect of it. Again, you’ve always got – you’re skating to where that puck is going to be and there’s a lot to learn from that. Are the pessimists wrong to bet against human ingenuity? New Hampshire, no income tax or sales tax but it all comes out of property tax. And I’m thankful to the real estate radio guys, Robert Holmes and Russ Gray, for pointing out to me that real estate is not an asset class. I think it’s a wonderful time. And so, they decided out of 26 competitive programs in their NCAA program, they’re going to cut two of them. And so, if you’re really concerned about that over the long term, you know, there’s amazing deals one mile from – or one hour from city centers all over the country. So, just as one example. And again, it’s an accelerator. It was a great billboard along a great road that had – it wasn’t even thought of as a use. People are questioning the college – the cost of college education over Zoom. So, you know, in a lot of the rural areas, there really weren’t booms. But then, with COVID, he’s like all the shelters ran out of pets because everybody went out and got pets and that’s a good thing, he said. What impact is the coronavirus having on that market? Delicious kiss of celebration. I think that we’re facing one of the most difficult, if not dangerous, periods ever because of all the money printing the Federal Reserve is doing. I’m up in Northern Idaho right now. Write CSS OR LESS and hit save. I can put my arms around two bags and about 300 bucks of stuff. If I’m sitting here and I don’t know if I’m going back to work or where I’m going to go work or my financial certainty or uncertainty or, you know, I don’t know what’s going to happen, I’m not listing my house. Ken McElroy: Well, you’ve got AK in there, too, yeah. And I think there could be some really good real estate implications around all this, you know, I really do. They’re good. It actually shows you which states have had inflow versus outflow. It’s certainly a very complex business to run. Well, I’m really more interested in decoding finance and economic matters because those are the ones that impact all of us. You know, like one of the things I learned from you and Adam is there are definitely markers and there are signs. Chris Martenson: Yeah, yeah. Or do you think there’s another shoe to drop there in terms of how they’re – you know, you just mentioned all this stuff about occupancy at gyms and restaurants being half. A lot do. You know, I think those institutions, as you know, they slowly buy property and then, all the sudden, they have city blocks. Chris Martenson: That’s the license plate reads, “C student.”. At the tier 1, 2, and 3, right? Learn how to invest real estate with no money down by Robert Kiyosaki. The podcast airs… But it’s a real estate play, you know? And it essentially said that 33% of the restaurants are gone. And I think that to your point, not all real estate’s on fire, you know, and there are lots – this is a big country and there’s a lot of stuff happening all over. You know, and so, you’ve just got – and the other businesses that have done pretty well are the ones that had takeout windows. And you know, so, that, in my opinion, was already starting. We're entering the era when a new order violently replaces the old. And that is – this is a very knowledgeable smart guy. So, maybe it’s not for everybody. Chris Martenson: Yeah. So, it wasn’t the primary reason I sold but I was certainly frustrated with the fact that my taxes doubled in that period of time. Ken McElroy: Yeah, yeah, I was completely lucky. I'm enjoying Ken McElroy's content and see he has a RE Master Class for $450. But I call COVID an accelerator. And just so people don’t think you just sort of airlifted and dropped into your current position, I love your origin story. Podcast Academy Learn podcasting ☰ MORE | Login. Best Sellers Customer Service New Releases Find a Gift Today's Deals Whole Foods Customer Service New Releases Find a Gift Today's Deals Whole Foods And so, they do it every – as you know, they put it in one category. visit our site to learn more about money, investing, personal finance and more. But I don’t think we’re getting this thing where people rationalize, “I have to live 60 miles outside of San Francisco to commute in through this horrible commute to be there face-to-face. Ken McElroy: No, yeah, right, yeah. Ken McElroy: Yeah, yeah. And so, and that goes back to what we were talking about with you earlier and you already did that. And so, I think you’ve got to pay attention to if you’ve just seen a boom, then you’re going to have more of a bust. But in honesty, it didn’t cause any of the things we’re seeing. It’s farm-to-table and all the water so far and so, it’s been a wonderful experience. So, it just like yeah, we’re just here sharing it, you know? I mean, we’re just normal guys. Civil War: Did FL Gov DeSantis tell Biden to go F* himself? With over $750 million investment dollars in real estate, Ken offers a unique … And he said, “Hey, you know, would you take over this 60-unit apartment building in Seattle, Washington?” I said, “How hard can that be?” You know? You know, when people buy stuff, you know, they’re at home and they order it in a couple minutes and then, they go do what they’re going to do and it shows up on their door. But there are a lot of business – I have a lot of friends, if you had over 500 employees, didn’t get any money. But man, I was having dinner with them every night. I’m having a blast. I think Chicago’s going to be just a poster child for a place where they have all these government workers and services and they’re going to – they want to keep all of them running, they’ve got great stories for why every single program is essential. Lots of people making that transition. So, if there’s a lot of people that are going to a town that has very limited housing, then of course, you’re going to have a very, very robust market through all this. And when I said that there weren’t that many places that we were interested in, I’ll tell you what was all over the place in New Hampshire were McMansions. Ken Rex McElroy (June 1, 1934 – July 10, 1981) was a resident of Skidmore, Missouri, United States.Known as "the town bully", McElroy's unsolved killing became the focus of international attention. You get back to relationships. As we just mentioned, the back story was it was already on the way here. You know, and there’s all these jobs that are being displaced; the restaurants and, you know, service business and the travel business. Because obviously, malls would be a very different investment and industrial space versus apartments versus raw land, all of that, right? But yeah. You know, that’s what it’s for. Chris Martenson: Good, good, yeah. In an Interview, Robert Kiyosaki and his friend Ken McElroy share some of the real estate investing strategies to buy with no money or how to buy real estate with no money for beginners. And so, those retailers and those service businesses were already in trouble. I was out of cash. You know, they started during recessions. You know, that’s exactly how the world works. And we had so many people that were clamoring to help work there. It’s the hot sector right now. I have a good friend that’s in the pet business and it was okay, it was pretty good. I don’t know if you knew but Nashville passed a 34% property tax increase recently and the governments are going to look for things – through tax – to fund whatever they need to fund. Shop amongst our popular books, including 13, The ABCs of Real Estate Investing, Abcs Of Buying Rental Property and more from ken mcelroy. Well, Trump reversed that just about a month ago very quietly. But then, the YouTube is just Ken McElroy. But really, what it comes down to has been it’s just you’re a hard worker and you’re diligent and you’re thoughtful and you’re conscientious. And then, so, I started small with a two-bedroom, two-bath, and just grew from there. That’s when you’ll start to see the beginning of a massive price drop and you’ll see properties that are going to go back to the banks and you’re going to see all this migration, these patterns moving all over the country. And I was like, “I am on the wrong side of the desk here,” and that was it for me. He did a great video on YouTube. I mean, my buddy asked me while I was in college if I would manage an apartment community. Literally, you know, where you could drive through, okay? But pretty common sense if you think about it. Ken McElroy: I know. And then, the next category was hey, you know, the President said we don’t have to pay rent so, we’re not going to. It just basically pushed them right out, you know? But there are definitely bubbles that are popping right now as, you know, it’s already starting. We’ve got a little riverfront place up in Greenfield, Mass, got a garden. And you know, so, I’m learning from her. And how much equity do we have in our house?” All that stuff, everybody’s calculating that right now. And the stock market scares me to death. I was going out with Evie and we’re looking for properties and we were looking for property with more than five acres. You know, we’re already seeing massive price adjustments in some markets. And so, I believe that when all this starts to reopen up and we get this vaccine and, you know, we can go on and on about that, as well. So, yeah, thank you very much for my own education and ability to go forward with a syndicated real estate deal, yeah. Even my partner, Ross, I haven’t actually seen since February. And I believe at that point, Chris, the forbearance stuff has to end. You know, they have no skin in the game. So, we’ve just seen tens of millions of people lose their jobs. I’m talking about hotel chains and things like that. And you know, it’s just more thoughtful. Now, those are big names now but they weren’t when they started. And I don’t know if you still have that but…, Chris Martenson: … what an amazing spot you found there and we just had a grand time. And you know, I don’t get out of the house as much as I used to because of COVID. He predicts massive upheaval in 2021: You didn’t have to prove hardship for the first part of that CARES Act. And I think real estate is low-hanging fruit so, I would let your listeners know that that’s something that they should be considering over the long haul. Ken McElroy: Sure. WhatsApp. I got a piece of land, it’s three acres, had a billboard right in the middle and the billboard’s making like five grand a year. And you know, believe it or not, it wasn’t that many. Explorer Find similar podcasts. PHOENIX, Feb. 22, 2019 /PRNewswire/ -- Ken McElroy is the epitome of the word entrepreneur.. For over two decades, Ken McElroy has experienced massive success in the real estate … I actually was Googling – it’s been about two weeks ago – just what businesses started during recessions, you know. Whatever somebody does, I don’t care what they do. Because there was – let me see if I can pull this up. You know, they don’t know – I don’t think they have a plan. You know, and these were all like really highly complicated, speculative things run by big firms. You know, people had taken a little two-, three-, four-acre thing, put this big 6,000-, 7,000-square-foot house on it. BiggerPockets Real Estate Podcast BiggerPockets Money Podcast BiggerPockets Business Podcast Real Estate Rookie Podcast Daily Podcast (Audio Blog) But I’m looking at places like Chicago like that university story where they can’t quite figure out how to trim this massive budget. So, I moved into this place. And the Fed had to put 500 billion in even before COVID came anywhere near the doorway. Ken McElroy: Yeah. You know, I’m talking about hotel chains and things like that. So, I actually think you’re going to start to see pretty big layoffs. Free consultation available. But they still have all these expenses, you know? I look at it as, you know, we really are just passing through, you know? Because I think over the long haul, they’ll correct and come back. That was probably painful, right? Ken McElroy: Well, there is. He is also a contributor for The Real Book of Real Estate. And then, once you figure it out, then you can invest a little more in doing the fence exactly right. This was a day where you signed us up and we went out into the deserts around Sedona. And I think a lot of companies are starting to figure that out that, you know, they don’t necessarily need to go someplace physically. And a good friend of mine, Mish, just escaped from Chicago and to your U-Haul story, he had to wait three weeks to get one. Chris Martenson: So, we’re Zooming away happily right here and that’s been something I think is hard for people to get their minds around. But then, I think people are going to start coming back to normalcy next year, hopefully. You know, I’m glad I’m not really banking on cruise industry kind of earnings and all that. And so, you’re going to see massive, massive outflow from what I would consider to be high-density cities. Ken McElroy Real Estate Investor Author Entrepreneur Partner at MC Companies 800 Million AUM C-Suite Radio Host linktr.ee/KenMcElroy I would love to be able to pick up some real estate on college campuses. And then, the people that are working at all those places, they got the $600 a week, you know. Maybe you’ve seen a cycle or two in the past. Google+. You have that. And I didn’t want to go through all the highlights of it because, you know, people should go watch that. Anybody that’s been in the hospitalities sector – you know, so, we have properties that are kind of near those – they’re in a little bit more trouble. But on the other side, to your point, there’s going to be tremendous opportunity, also, to deal with new behavior. And our returns were going down so, Ross and I decided not to buy. You know, so, that’s all going to show up, I think. I was really blessed to be able to learn the operation side first. Ken McElroy: I would. SGT - September 8, 2020. So, you’ve never seen, ever, these kinds of low inventory numbers. I think that’s going to be playing out all over the place. In fact, one of the reasons I sold my home here in Coeur d’Alene was the taxes went from $13,000 to $26,000 in four years. You know, so, you have that, you have others that aren’t worried very much at all. Ken McElroy: Hey, it’s my pleasure, man. Because, you know, I’m just one guy trying to figure out what everybody wants to hear. Chris Martenson: Yeah. And I wrote a piece about a year ago way before COVID, of course, and any inkling of it that said that I thought we were going to start in one of the largest back-to-the-land movements in history. I don’t want to pick on any one of them but I was reading the Wall Street Journal article about Iowa. I see that with businesses. Chris Martenson: Yeah. Because that’s a big part of revenue for a growing city. Ken McElroy: Well, that 12-acre resort we have in Sedona, you know, we have an organic farm there. Discussion mostly centered on real estate but extend out into mindset, entrepreneurship and best practices for business success. Second one was a little bit more. ‎“Real Estate Strategies with Ken McElroy” is where we discuss a broad range of ideas and strategies that real people have used to find financial success. And so, it just kind of washed it out, you know? Best Podcasts Recommended by us. So, well, a few things. And I knew nothing, as you know, when we bought this thing but I knew I could figure it out. And the fact that people are really realizing, I think, how thin their paychecks and their jobs and maybe even their savings, hopefully is a wakeup call for a lot of people and they don’t get hurt too badly and they could really reinvent themselves going forward and do exactly what you and I have been talking about the whole time is you need to have multiple sources of income and you need to be unplugged from the grid just a little bit – you know, not as some conspiracy theorist – but just enough to know that you’ve got buckets of money coming in and that you are safe and you’re not relying on one source. You know, there’s something that came out last week on Yelp. But then, the YouTube is just Ken McElroy. And they’re looking at weather amongst, you know, other things. Discussion mostly centered on real estate but extend out into mindset, entrepreneurship and best practices for business success. They just basically are there for a business. It’s kind of like we’re stewarding it or something. This isn’t your first rodeo. Very different tax strategies. I think something to be careful of coming up is I think the government’s really going to go after real estate taxes. Not that you needed to but you did it for other reasons. Ken McElroy is the epitome of the word entrepreneur. It’s slow, it’s dumb, you know, you can buy something and stick – you can buy a vacant building and put somebody in it, it’s worth more. And just go subscribe. Chris Martenson: Yeah, well said. If you hold my mortgage and I’m not paying you, you’re in trouble, you know? And as Buckminster Fuller, as you know, we studied him, he says, “Use the forces – you know, use the momentum and just pay attention to the momentum and use the forces to your benefit.” And that’s all you have to do. Yeah, there we were riding around and you took us to a place that you had up in Sedona Canyon. I think those days are gone, honestly. Ken McElroy: That’s exactly right. COVID happens. You had a plan, didn’t quite work, and you either have to – you either fix it or you go down in flames, right? It’s what nobody else sees. And that’s, I think, hopefully, a wakeup call for a lot of folks. People want to invest with us because, you know, of all the things I just mentioned, all the things that we learn and the team that we have. And I just, again, I just stick to the numbers, stick to the math, and I just said, “This is what’s happening right now.” And then, you try to do some kind of probability around that. I’m telling you, you know, those markets – whether it’s New York, Chicago, Seattle, Portland, whatever it might be – those markets are – definitely have a massive outflow happening. A champion and advocate for entrepreneurs and real estate investors, Ken has spoken worldwide at top industry events.

Where Can I Buy Volkswagen Sausage In Canada, Kevin Murphy Smooth Again Shampoo, Iberia Perro Apoyo Emocional, Usmle Step 3 Self Assessment, Homemade Breadsticks No Yeast,