Thank you I'm working on that strategy that you're talking about I will be playing close attention to everything that you talked about and everything that I'm trying to do everything in the video again reinforces that I'm doing something right
This video was fantastic. Your short educational videos are my favorite. I binge consume them. Thank you for the financial and investment education you share with us. I have transitioned from the 80% to the 15% and I'm looking to scale as quickly as possible to the 5%. It's not a matter of "if". It's a matter of when.
What a great easy to understand summary of wealth strategies. I would add one more to the second slide - debt! The wealthiest people use OPM effectively. Thanks Ken!
This video is awesome! I didn’t know I could do that with my business account to lower my personal income. Of course I reached out to my CPA to talk about this option. It pays that he’s also my uncle and godfather lol. I bought my first rental in December. It’s a single family. My goal is one property a year. I’m going for a multifamily next! 😎
Thank you Ken, you are the MICHAEL JORDAN of Real Estate and Money Making brother!!! I am late to the game, but I am busting my ass to become one of those guys in the 3rd Slide!!! I pray that you, your team and your loved ones stay safe, stay healthy and stay blessed! Sending love from Melbourne Australia xxx🙏♥🏠💯😀
my poor family : why don't you work to cruise line !!!? get more salary ! me(said to myself) : remember! no use to tell them ! i realize left side quadrant and right side quadrant are just a mindset ..
FANTASTIC WORK KEN ON THIS VIDEO BREAKDOWN 👏👏👏 AND THEN I CAN BE AS CONFUSED AS THE REST OF YOU GUYS !!!😆 🤣 😂 😹 I do really appreciate All The Effort you put into this video KEN , I RESONATE WITH THIS LESSON I'M A FOLLOWER OF YOUR WORK & I'M ALWAYS WATCHING & LISTENING!!🤝
Nice job Ken I enjoy your real estate videos and personal finance tips. I’m posting videos on similar content. I know your an expert in property management and I’m new to that space. Can you post a video about modern day property management? We struggle to get our property management company to profit at all! Thanks Ken
Just from the videos I’ve watched. It’s a common thing for property management company’s to have really thin margins. I’m no expert but that’s just what I’ve garnered thru the several hours and hours of lectures and videos I’ve watched from Ken M.
Love all your videos! I am a beginner investor I have been a real estate agent for 13 years but my husband and I bought our first duplex last year. We are about to close on our second duplex and are loving it! We want to hear more about property management tips! We are also interested in renovation tips that save money in the long run for long-term rentals. What sort of changes do you make to your rentals to make them hold up to tenants. I also love hearing about tax strategies; And general market updates in the real estate space as well as macro! Keep all the videos coming thank you!
What's annoying is this guy tells us the issues and forgets not anyone that wants to be in the 5% can easily go and get loans and financing to buy rental properties or businesses with ease. I've tried a lot of things and get minimal results not enough to replace the income from a job. What he doesn't mention here is the funds in a business account have to stay their or you get taxed like crazy. You can only take out so much as an income from the business account. Its only worth getting a business account once your business gives you a livable salary with extra left in the business account otherwise you'll need to pay bills and have funds tied up in the business account you cant use or you'll pay high taxes. If you cant take at least 30k a year out of the business account as a salary then its not worth getting the business account. Until then put it in your regular checking account and have it all for your bills with no extra taxes. Put some aside each month to help pay taxes at the end of the year. Their are deductions you can get running a small business without a business account being used.
![BLACK BAG - Official Trailer [HD] - Only in Theaters March 14](http://i.ytimg.com/vi/Du0Xp8WX_7I/mqdefault.jpg)
Hit the Like bu- in? I’d rather hit the Loved it bu-in, Ken. Always good to listen to you!
I can't think of a better video than this that summarizes your channel and what you're all about.
Great video. Keep going everyone. Think like the rich. Get rid of the broke mindset.
Thank you I'm working on that strategy that you're talking about I will be playing close attention to everything that you talked about and everything that I'm trying to do everything in the video again reinforces that I'm doing something right
Ken is exactly right on this video. He explained it well.
This video was fantastic. Your short educational videos are my favorite. I binge consume them. Thank you for the financial and investment education you share with us.
I have transitioned from the 80% to the 15% and I'm looking to scale as quickly as possible to the 5%. It's not a matter of "if". It's a matter of when.
I'm going to give Ken a thumbs up to this podcast for keeping it real when he said "we are all confused".
The energy is NEXT LEVEL!
Great video 😊 Thanks Ken!
Ken,
I am looking to shop outside my normal lenders. Do you have any recommendations on where to look for my next cash out refi
I am in the 80% group moving slowly to the 15%.... One day I gonna be in the 5%
Thank you Ken 🙏🙏🙏🙏 Love the foundational information presented in a simple and easy to understand way!
Thank you Ken...very informative 🏡
What a great easy to understand summary of wealth strategies. I would add one more to the second slide - debt! The wealthiest people use OPM effectively. Thanks Ken!
Thanks Ken..🙏❤️
Love you!!!
Team McElroy
This video is awesome! I didn’t know I could do that with my business account to lower my personal income. Of course I reached out to my CPA to talk about this option. It pays that he’s also my uncle and godfather lol. I bought my first rental in December. It’s a single family. My goal is one property a year. I’m going for a multifamily next! 😎
Love these whiteboard presentation videos EDIT: All the replies are bot SCAMS
Thank you Ken, you are the MICHAEL JORDAN of Real Estate and Money Making brother!!! I am late to the game, but I am busting my ass to become one of those guys in the 3rd Slide!!! I pray that you, your team and your loved ones stay safe, stay healthy and stay blessed! Sending love from Melbourne Australia xxx🙏♥🏠💯😀
Know of a good california CPA ? thank you
my poor family : why don't you work to cruise line !!!? get more salary !
me(said to myself) : remember! no use to tell them !
i realize left side quadrant and right side quadrant are just a mindset ..
FANTASTIC WORK KEN ON THIS VIDEO BREAKDOWN 👏👏👏
AND THEN I CAN BE AS CONFUSED AS THE REST OF YOU GUYS !!!😆 🤣 😂 😹 I do really appreciate All The Effort you put into this video KEN , I RESONATE WITH THIS LESSON I'M A FOLLOWER OF YOUR WORK & I'M ALWAYS WATCHING & LISTENING!!🤝
ty
Nice job Ken I enjoy your real estate videos and personal finance tips. I’m posting videos on similar content. I know your an expert in property management and I’m new to that space. Can you post a video about modern day property management? We struggle to get our property management company to profit at all! Thanks Ken
Just from the videos I’ve watched. It’s a common thing for property management company’s to have really thin margins. I’m no expert but that’s just what I’ve garnered thru the several hours and hours of lectures and videos I’ve watched from Ken M.
Where to find a good group of like minded people to work on this in person? Thoughts?
GOOO ken
Nice
Love all your videos! I am a beginner investor I have been a real estate agent for 13 years but my husband and I bought our first duplex last year.
We are about to close on our second duplex and are loving it!
We want to hear more about property management tips! We are also interested in renovation tips that save money in the long run for long-term rentals. What sort of changes do you make to your rentals to make them hold up to tenants. I also love hearing about tax strategies; And general market updates in the real estate space as well as macro! Keep all the videos coming thank you!
Congratulations! Can I ask which state you purchase the duplex?
🎉😎
Hold up, cash-out refinance is tax free?!! Hmmmmm...🤯💯
Need a book that goes more into detail about this spider web!
gr8
El cielo es azul,el color del sol amarillo oH oh!Me acaban de enseñar algo nuevo,todos los días se aprende algo
I am going to be a millionaire by 23 or before. Thinking like the rich.
how old are you? and how far did you come?
Nice hair cut Ken😅
What's annoying is this guy tells us the issues and forgets not anyone that wants to be in the 5% can easily go and get loans and financing to buy rental properties or businesses with ease. I've tried a lot of things and get minimal results not enough to replace the income from a job. What he doesn't mention here is the funds in a business account have to stay their or you get taxed like crazy. You can only take out so much as an income from the business account. Its only worth getting a business account once your business gives you a livable salary with extra left in the business account otherwise you'll need to pay bills and have funds tied up in the business account you cant use or you'll pay high taxes. If you cant take at least 30k a year out of the business account as a salary then its not worth getting the business account. Until then put it in your regular checking account and have it all for your bills with no extra taxes. Put some aside each month to help pay taxes at the end of the year. Their are deductions you can get running a small business without a business account being used.
What is the simplest small side business a person can start with $10,000 investment?