Thank you Ken for the 6 great tips!! 1. Lack the ability to self educate. 2. Struggle to save money 3. You aren’t able to use money to make money, taking the passive activity or actively creating passive income 4. You can’t make decisions quickly. 5. You just want passive income. Little do people know that It takes a lot of self growth and constant learning and effort to create the passive income. 6. Lack consistency and patience.
*A month old fan #Cambidia, Really like the way you have shared, I have read your book and watch ur inspired videos. Thank Ken, I won't let you down, I promise.
excellent video! Please also one in Spanish or Spanish sub titles, excellent. excelente video! porfavor uno tambien en español o sub titulos español, excelente.
Love the videos Ken! Keep them coming! I was wondering, how much have you updated your premium videos? I was subscribed, but I had to cancel due to personal reasons. Thank you.
Hi Ken. Happy New year. What are the titles of the books you have on the table? I've recently purchased 15 books in the past 4 weeks and three of them being by you. Thanks Ken.
I don't even listen to music anymore. I feel like I need to maximize my time by immersing myself in financial education. Starting at 39 I've got a lot of catching up to do.
I humbly want to say I managed to achieve all the points you mentioned in my life except for #4 maybe sometimes I do over analysis and haven't purchased my first property yet. Its been a year I decided not only to buy a home but also get into real estate at the same time using first home as a vehicle. So my first home its gotta be a multi where I can house hack. I am still single and don't have kids so I guess I could easily do that. Well, my biggest fear is this a "right time" even if the property cash flows let's say at least 1% RTV ratio. I moved from Boston to Northern FL last December in order to save on tax and rent, as I work remotely wanted a home here anyway and already made couple offers before the pandemic in early March that didn't go anywhere. Now, a BIG part of me desperately wanting I should get something ASAP and market might not come down even in couple years because of what FED is doing and I am still trashing rent money and need a house to better organize my life rather making couple trips a week to my storage :) then there is another part that says what if the tenants can't keep up paying rent once I buy and property price drops significantly so I won't even have a way to exit? Sorry to rant but I guess I wonder what would you do if you were in my situation? Would you still buy if it makes sense number wise knowing you paying a hefty price or would you wait? Also my earlier part telling me more even if you pay higher price its gonna be okay longer term as this is gonna be my primary residence as well for the time being. Am I thinking right from RE investing perspective? Some 2 cents would be much appreciated sir.
Thank you for these important tips. I like real state. A few days ago I saw a book called Abc real state. But Im learning english and this book in spanish is $900.00 😂😂 but maybe one day I can buy it . So for that I decided to suscribe to your chanel. Thank you for the information
Ken McElroy is the man. I've taken all of Ken's advice. I've jumped out my comfort zone and now I'm on target to make a million. I've even created a RUclips channel to follow my progress. I would love some support and feedback.
Financial education is key! Your sister is a self educated #bosslady and I wish I could meet her!! Does anyone have a real estate course they recommend to learn about buy and hold real estate investing? All recommendations appreciated! I ran across a course then someone said it was all hype and I didnt spend the high price tag for it...thank yall!!
She is, but wasn't always. There will be a good time to buy soon enough with all of the fluctuation in the markets ahead. I have a forum that is $20 a month and there are a lot of really smart people in it. I would start there and ask questions. I also answer some questions weekly.
What would you recommend for persons in markets where the rents cost a lot less than the mortgages? I.e the property can’t cash flow without a significant down payment. ~>50%
Thank you Ken for the 6 great tips!!
1. Lack the ability to self educate.
2. Struggle to save money
3. You aren’t able to use money to make money, taking the passive activity or actively creating passive income
4. You can’t make decisions quickly.
5. You just want passive income. Little do people know that It takes a lot of self growth and constant learning and effort to create the passive income.
6. Lack consistency and patience.
*A month old fan #Cambidia,
Really like the way you have shared,
I have read your book and watch ur inspired videos.
Thank Ken, I won't let you down, I promise.
Touché! And, thanks for the smack in the face, Ken. I’m making changes to rewrite my story. BTW - I enjoy your no nonsense approach videos.
Was this a pun?
Did you also sign up for Boxing classes?
Taking notes....brilliant!! Thanks for sharing!
This video is packed with sound advice and life lessons you can apply beyond real estate, thank you.
It feels really good to hear Ken say I should be doing things that I’m already doing 😭✌️
Thank you it's a great lesson
I always enjoy your videos Ken! Lots of great informations and thank you for that 🌸
Excellent tips. A lot of people are simple lazy and don't want to do what it takes.
excellent video! Please also one in Spanish or Spanish sub titles, excellent.
excelente video!
porfavor uno tambien en español o sub titulos español, excelente.
You should do it... And make some $$$
Spot on as always. Thanks Ken.
Love the videos Ken! Keep them coming!
I was wondering, how much have you updated your premium videos? I was subscribed, but I had to cancel due to personal reasons. Thank you.
We are starting to release mini courses instead of one off videos like we have currently in September.
Kenny, my real estate hero! Will you be my mentor outside of RUclips?
Thanks for sharing your experiences 👍👍👍👍
Hi Ken. Happy New year. What are the titles of the books you have on the table? I've recently purchased 15 books in the past 4 weeks and three of them being by you.
Thanks Ken.
Great video brother Ken. You are super smart and wise. Glad you made the choice to become an entrepreneur.
Awesome stuff. I spend 20 years doing I.T stuff. I started a company but I should have done RealEstate 20 years ago as well.
I like the way you explain the ideas! Great videos! 👏🏼👏🏼👏🏼👏🏼👏🏼
Great talk- pertains to every aspect of life
I don't even listen to music anymore. I feel like I need to maximize my time by immersing myself in financial education. Starting at 39 I've got a lot of catching up to do.
I humbly want to say I managed to achieve all the points you mentioned in my life except for #4 maybe sometimes I do over analysis and haven't purchased my first property yet. Its been a year I decided not only to buy a home but also get into real estate at the same time using first home as a vehicle. So my first home its gotta be a multi where I can house hack. I am still single and don't have kids so I guess I could easily do that. Well, my biggest fear is this a "right time" even if the property cash flows let's say at least 1% RTV ratio. I moved from Boston to Northern FL last December in order to save on tax and rent, as I work remotely wanted a home here anyway and already made couple offers before the pandemic in early March that didn't go anywhere. Now, a BIG part of me desperately wanting I should get something ASAP and market might not come down even in couple years because of what FED is doing and I am still trashing rent money and need a house to better organize my life rather making couple trips a week to my storage :) then there is another part that says what if the tenants can't keep up paying rent once I buy and property price drops significantly so I won't even have a way to exit? Sorry to rant but I guess I wonder what would you do if you were in my situation? Would you still buy if it makes sense number wise knowing you paying a hefty price or would you wait? Also my earlier part telling me more even if you pay higher price its gonna be okay longer term as this is gonna be my primary residence as well for the time being. Am I thinking right from RE investing perspective? Some 2 cents would be much appreciated sir.
Thanks Ken, more power to you
Ken, can you talk about creating assets in Transportation and Distribution? I mean warehouse properties and fleet building.
How do i calculate my equity in a deal if only gave sweat capital?
Amazing video. Thanks!
Master piece.Excellent.
So when can I buy you a cup of coffee Ken?
Couldn’t agree more! YOU'RE NOT MORE SUCCESSFUL BECAUSE OF WHO YOU HANG AROUND - W2 Capitalist Explains LIVE: Day 27
Thank you for these important tips. I like real state. A few days ago I saw a book called Abc real state. But Im learning english and this book in spanish is $900.00 😂😂 but maybe one day I can buy it . So for that I decided to suscribe to your chanel. Thank you for the information
I’ll translate it for you for half the cost.
Real estate investing is key
Ken McElroy is the man. I've taken all of Ken's advice. I've jumped out my comfort zone and now I'm on target to make a million. I've even created a RUclips channel to follow my progress. I would love some support and feedback.
Do you ever do a 1031 exchange and then do a cash our refinance after? How soon after the exchange is it ok to refinance?
Financial education is key! Your sister is a self educated #bosslady and I wish I could meet her!! Does anyone have a real estate course they recommend to learn about buy and hold real estate investing? All recommendations appreciated! I ran across a course then someone said it was all hype and I didnt spend the high price tag for it...thank yall!!
She is, but wasn't always. There will be a good time to buy soon enough with all of the fluctuation in the markets ahead. I have a forum that is $20 a month and there are a lot of really smart people in it. I would start there and ask questions. I also answer some questions weekly.
@@KenMcElroy where can I get info on the forum? I will surely join!!
Kay's Moving With Purpose I recommend you listen to Jason Hartman podcast! He is great teacher too! Good luck 🌸
@@kaysmovingwithpurpose4420 on his website
Ken's modest it took hunting; kenmcelroy.com member-->member forum
Isn’t there a limit to so many books and webinars and seminars to time to take action
Great advice. Thanks
I must have missed something. How can rental income tax free?
...appreciate you!!...
Your videos have been helpful,i'm from nigeria can you be my mentor ?
Hi Ken another good video keep them coming 👍
Regards. Chris Barker
These reasons are gold 😁😄
Thank you sir
Great video!
How did you get your mentor to agree to be your mentor?
Thanks
Uncle kens lecture
What would you recommend for persons in markets where the rents cost a lot less than the mortgages? I.e the property can’t cash flow without a significant down payment. ~>50%
Invest elsewhere.
Invest somewhere else...
Then it is not a good area to buy in. Cashflow is the focus always.
Thanks Ken 👍. However that means migrating, I'm in Jamaica. Capital gains is the name of the game here but I'm looking for cash flow.
@@doengayle852 You don't have to invest in your backyard
The Network of Real Estate
I would like you to be my mentor
nice
Cool Cool, but I gotta know, you won the fight right? Or is that a birthmark? Sorry, my inner teen came out!
Number One Reason, without question... your not subscribed to my channel! 😂
Ben Mallah says hes doesnt read any books
Never heard of her.
Great show. He’s funny
You got a black eye?
Love to sit down and buy you a cup of coffee some day. That would be awesome. Have a great night.
Who punched you..? 😱
I’ve built a multi million dollar real estate portfolio. You’re being very vague. Don’t agree with this vid
Did you also sign up for Boxing classes?
Excellent talk thanks
Great Video 👍