The Most Significant Real Estate Event in DECADES is Here - Here’s How Get Rich From It

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  • Опубликовано: 26 окт 2024

Комментарии • 148

  • @KenMcElroy
    @KenMcElroy  День назад +12

    if you appreciate this video please share it with someone

  • @michealdickson363
    @michealdickson363 14 часов назад +333

    *Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*

    • @MarioDavid-dl8tq
      @MarioDavid-dl8tq 14 часов назад

      Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude to Lisa Annette Robinson 🙌

    • @meridithjurney6162
      @meridithjurney6162 14 часов назад

      Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?

    • @rexchizzy5628
      @rexchizzy5628 14 часов назад

      Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Lisa Annette Robinson, has been an amazing experience.

    • @ken__shanzy7534
      @ken__shanzy7534 14 часов назад

      Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦‍♀️of myself because of low finance but I still believe in God

    • @WilliamLocke-yl7on
      @WilliamLocke-yl7on 14 часов назад

      I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ms Lisa Annette 😊🎉

  • @JamesRodríguez6552
    @JamesRodríguez6552 37 минут назад +27

    I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Wendy Hubbard Stewart for helping me achieve this

    • @PamelathomsonJ
      @PamelathomsonJ 28 минут назад

      I'm surprised that you just mentioned and recommended Wendy Stewart, I met her at a conference in 2018 and we have been working together ever since.

    • @Chrisphilips.87
      @Chrisphilips.87 22 минуты назад

      The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.

    • @StacyMcDonald-76
      @StacyMcDonald-76 20 минут назад

      You trade with Wendy Stewart too? Wow that woman has been a blessing to me and my family.

    • @Georgefaller341
      @Georgefaller341 16 минут назад

      I'm new at this, please how can I reach her?

    • @BenKaiser-v2v
      @BenKaiser-v2v 13 минут назад

      I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.

  • @Kin-28-8
    @Kin-28-8 День назад +6

    I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.

    • @berniceburgos-
      @berniceburgos- День назад +3

      Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.

  • @justlikekingsolomon
    @justlikekingsolomon День назад +28

    I am 22 years old, lost my dad about half a year ago and I am going to receive some money soon. Would it be smart to grow my money in stocks for a few years while I am in college and then invest in rental properties afterwards, or should I go for real estate investing first?

    • @everceen
      @everceen День назад +1

      I would advise the counsel of a seasoned financial pro. It may seem expensive, but as the old saying goes - "you get what you pay for" "Expert solutions require Expert providers" - my mantra

    • @vancoker-t6z
      @vancoker-t6z День назад +1

      Agreed, investing with the help of an advisor set me up for life. Retired with about $1.6m in stock portfolio only. I worked hard everyday as a teacher for 32 years, and my salary was over 100k annually. Supplementing my income with stocks and alternative investments helped me achieve early retirement.

    • @garrickhunter-o4e
      @garrickhunter-o4e День назад

      @@vancoker-t6zI've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?

    • @garrickhunter-o4e
      @garrickhunter-o4e День назад

      I've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?

    • @vancoker-t6z
      @vancoker-t6z День назад +1

      Katherine Nance Dietz is the licensed advisor I use. Just google the name and you’d find necessary details. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

  • @dkizxpt-su3ze
    @dkizxpt-su3ze День назад +12

    Can I just say what a great guy Ken is and how grateful we all are that he makes these informational videos to educate us?
    On behalf of millions of youtube users, thank you Ken!

  • @matthewferraro4329
    @matthewferraro4329 День назад +3

    Really appreciate you giving your time to help others!

  • @tixe9
    @tixe9 День назад +6

    I'm reading a lot of negatively charged people on here ! Whats with the hate .
    This is commercial multifamily real estate . Get it .
    Its very high level . Out of 1000 people maybe 4 can do this ; 4 or less at kens level . Wrap that around your negative talk people!!
    Ken has a kind heart and is teaching everyone parts of the game . Theres levels to this

  • @PennyBernadette
    @PennyBernadette 19 часов назад +6

    Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighbourhood that cost around $450k in sales in 2019 are now going for $800 to $950k. Every seller in my neighbourhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.

    • @jorgeHudson-h4h
      @jorgeHudson-h4h 19 часов назад +2

      Home prices will come down eventually, but for now; its best to offset some of your real estate investments and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

    • @brantheeskimo
      @brantheeskimo 19 часов назад +2

      indeed the mkt & economy has gone berserk, price of great assets like real estate, dividend paying stocks, or gold never comes down easily, in my humble opinion, buy what you can afford today, and working with a financial advisor certainly helps

    • @belobelonce35
      @belobelonce35 19 часов назад +2

      impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now

    • @brantheeskimo
      @brantheeskimo 19 часов назад +1

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne” and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @type-r3x
      @type-r3x 19 часов назад

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @michaelborjas8059
    @michaelborjas8059 День назад +4

    Congrats Ken, could you do a video on breaking down the financing and numbers? For educational purposes, thank you

  • @elsololobo1091
    @elsololobo1091 4 часа назад +1

    how does the bank look at the money(equity)that is "borrowed' from the investor? Do the investors have to take a second position on the property initially? What happens if things go south and you have to sell and/or in a really bad scenario the property gets foreclosed on in the case of the economy changing and suddenly the cash flow doesnt cover the bills...

  • @elvinvee3423
    @elvinvee3423 Час назад

    This was a great mini course on purchasing .. and not purchasing.. 🎉great info

  • @Earthman24111
    @Earthman24111 День назад +3

    Ken, you previously said supply of units would start tightening beginning in early 2026. Now you are saying that will happen in early 2027. What changed? Why the shifting out of a year in the timeline?

    • @johnnyb33good21
      @johnnyb33good21 6 часов назад

      Ken is human just like all of us. You should go back and listen to some of his videos from during covid. A lot of his projections and assumptions are wrong

  • @BlueWaterSTAX
    @BlueWaterSTAX День назад +4

    DANG. That's a nice property. Congratulations 👏👏👏

  • @Thaksinnaenaudon103
    @Thaksinnaenaudon103 23 часа назад +1

    Thank you very much ! Ken McElroy Thank you very much!

  • @REIwAlexY
    @REIwAlexY 3 часа назад

    awesome breakdown ken! can you do a video on some tips and tricks of how to make deals work in more appreciation based markets like phoenix, Florida/tampa etc? where cash flow is much less generally?

  • @ChrisBarnardCBI
    @ChrisBarnardCBI 14 часов назад

    Ken, very inspiring video. Love the walk and talk style, with the beautiful property showcase you've done here.

  • @CrashBr0
    @CrashBr0 День назад +2

    How much money did you have to come to the table with at closing?

  • @dhowto3005
    @dhowto3005 16 часов назад

    Thank you! Congratulations on your new property!

  • @ztd0501
    @ztd0501 День назад +1

    I live in Scottsdale. Hope I run into this guy someday. Would love to mentor under this legend.

  • @cryptolatino9220
    @cryptolatino9220 12 часов назад

    This is a true Real Estate masterclass..

  • @ken5709
    @ken5709 17 часов назад

    I love this pitch deck model! Once again, Ken, you and your team's creativity never ceases to amaze. Are you hiring?😁

  • @duckdiver5549
    @duckdiver5549 3 часа назад

    in CA cap rates have not gone up and are still well below commerical mortgage rates...

  • @bubaba8938
    @bubaba8938 День назад +4

    I don't trust any of these gurus untill i would get to see the numbers. How does he finance the purchase, how high are rents.

  • @jorgeplanells2690
    @jorgeplanells2690 16 часов назад

    Great content Ken. Wish you well

  • @aarizphilip
    @aarizphilip 22 часа назад +63

    I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brooke Grace Miller.

    • @kyleevanston
      @kyleevanston 22 часа назад

      She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

    • @HighlightsSerieATIM
      @HighlightsSerieATIM 22 часа назад

      The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

    • @SaadmaanShohid
      @SaadmaanShohid 22 часа назад

      I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.

    • @marthasteward0
      @marthasteward0 22 часа назад

      I'm new at this, please how can I reach her?

    • @jadewashington7
      @jadewashington7 22 часа назад

      I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

  • @roberttanner8443
    @roberttanner8443 День назад +2

    Thank you.

  • @jeremiahanderson1159
    @jeremiahanderson1159 День назад +1

    Thanks Ken Happy Saturday

  • @industrialize
    @industrialize День назад +1

    Congrats on the pick up!

  • @dawnduncan2709
    @dawnduncan2709 День назад +3

    It’s always a “success story” from him but why isn’t he probably talking about the properties og his that arent doing well. Would sure like to know about that!

    • @antoinedavis9892
      @antoinedavis9892 День назад +1

      Not good advertising.

    • @tixe9
      @tixe9 День назад

      He has talked about other deals when things weren't so good . He also learned from the experience

  • @APerson-zf3rz
    @APerson-zf3rz 9 часов назад +1

    why is the seller selling it then?

    • @mlmov3417
      @mlmov3417 8 часов назад

      Cuz they bought it at the high and they cannot service debt!. Basically buy high sell low.😢

  • @CraigKammanMN
    @CraigKammanMN День назад +2

    Location. Location. Location. Nice deal!

  • @tysonbrown1277
    @tysonbrown1277 День назад +1

    Why would cash flow be the only reason to buy real estate? What about capital growth

    • @RichardBecker-yn7sp
      @RichardBecker-yn7sp 12 часов назад

      He is talking about buying real estate through financing which requires a certain amount of rental income
      each month to pay the mortgage and other expenses. Capitol growth is acquired through long term ownership
      due to inflation and other factors.

  • @craigshak
    @craigshak 15 часов назад

    So assuming you got a loan on this that the terms are 3 or 5 or 7 years fixed and at the end of that term let’s just say interest rates go even more up Then technically you could default . Is that correct and if so what would you do

  • @bryanwheel
    @bryanwheel 6 часов назад

    I'm a small-time landlord for 12 years. What is the realistic financial scenario for the prior owners of this unit? I'd imagine they are using LLC or S corps but a $50 million dollar loss on a $140MM property seems like it could wipe you out even with those protections. I would guess they had a loan for $104MM.
    Or is most the loss just borne by the syndicate investors?

  • @ReynaDPerez
    @ReynaDPerez День назад +1

    Gorgeous! Congratulations 😊

  • @derektaylor8158
    @derektaylor8158 2 часа назад

    What rates are you using and amortizations to underwrite your deals? Are you underwriting it as a 25 year amortization and 5% mortgage rate?

  • @bubaba8938
    @bubaba8938 День назад +2

    Break down the rents ,etc. It's very hard to trust that the building will pay itself out from rents

    • @ReynaDPerez
      @ReynaDPerez 23 часа назад

      He’s doing additional add-value and plus appreciation.

    • @bubaba8938
      @bubaba8938 22 часа назад

      When i listen to him he says we bought it. How the purchase was financed is key. Yet he's speaking vaguely about the financing. If it's a mortgage, crowd funding or cash makes a huge difference and the difference between being profitable or not. Also he doesn't go into details about the sellers, when they bought it ,why they cannot do the same financing he does. Some key explanation are left out and without breaking down numbers there's no way of telling if it's truthful and if it was even bought by him at all. Remember you always have to think why a "billionaire " is giving out free advice.

  • @manchannel6900
    @manchannel6900 День назад

    What happens to your commercial properties when your forced to find a new mortgage every 3-5 yrs at higher interest rates?

  • @SebastianNoah5e
    @SebastianNoah5e 13 минут назад

    Tax laws can be so complex, and it’s super helpful to break them down like this. Understanding how different policies can impact our finances is crucial for making informed decisions.

    • @JulianBenjamin3d
      @JulianBenjamin3d 13 минут назад

      Making profitable investments during this time of political change can be risky without that insight. For me, working with an adviser is the best first step to navigate these complexities and make informed choices.

    • @RubyOliverm5l
      @RubyOliverm5l 12 минут назад

      I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.

    • @SofiaJames9H
      @SofiaJames9H 11 минут назад

      Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one.

    • @RubyOliverm5l
      @RubyOliverm5l 10 минут назад

      Nicole Anastasia Plumlee can't divulge much. Most likely, the internet should have her basic info, you can research if you like.

    • @SofiaJames9H
      @SofiaJames9H 10 минут назад

      I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.

  • @florianewu7256
    @florianewu7256 День назад

    Congratulations! 🎉Property and numbers look great! 👍🏻

  • @crypto_chick_
    @crypto_chick_ День назад +1

    Hey. That building is right near my house 🏠…

  • @Nachitoleon3579
    @Nachitoleon3579 День назад

    Love it ,, I’m working so hard to be an acredited investor so I can partner and learn with MC capital 😊

  • @yinglong631
    @yinglong631 День назад +1

    I wonder why the seller sells it, if it cashflows from day one for Ken. It should cash flow for seller too.

    • @joeg2760
      @joeg2760 День назад

      Not if the seller had higher carrying costs

  • @robertwozniak7650
    @robertwozniak7650 День назад

    Congrats!!! Great Content! ThnX!

  • @brandongreen1177
    @brandongreen1177 День назад +1

    How is it profitable for you now then?

  • @perryconnor697
    @perryconnor697 День назад +1

    It's cheaper for me to build new than buying older buildings

    • @perryconnor697
      @perryconnor697 5 часов назад

      I'm paying $60,000 for a lot to build a duplexes on and the duplexes cost me $250,000 to build. I'm getting $1700/mth per side. Life is good. Thanks for your information and we always have to think outside the box.

  • @DIYDaveT
    @DIYDaveT День назад +9

    90 million will, in hindsight, turn out to be catching the falling knife.

    • @smiley8881239
      @smiley8881239 14 часов назад

      Maybe….however it could go the other way. If the cost of money goes down, (lower interest rates), then the value of the property goes up. As Ken says, you are solving for cash flow. If, however, the cost of money goes up, ( higher interest rates), then the value of the property goes down. Who determines interest rates? The Federal Reserve determines interest rates based on the bond market. The bond market comes down to supply and demand, just like any other market. The Feds have to sell debt. If there is demand for our debt, then interest rates go down. If there is little demand for U.S. debt, then interest rates go up to attract buyers. Which way do you think interest rates will go from here?

  • @cpcreit
    @cpcreit День назад

    Ken gives away so much inside knowledge in these things...there is "one thing" that can still derail all this wisdom, a continuation of rate increases due to stagflation and "war"/out of control spending fiscally.....the reason we are staring into WW3 has much to do w/ too much debt and the default coming real soon, every govt wants an excuse to avoid Asian Crisis 1998. Timing of that BRIC summit last week is not coincidental, that 3/4 plus of the world wants a different denomination for their goods/services, which logically, would turn US into a Japan somewhat, printing massively due to a lack of reserve currency status...

    • @lawrencesmith9059
      @lawrencesmith9059 День назад

      The information here is something you can very quickly. There is no inside knowledge that will make you rich. He has made assumptions about the economy going forward that might be way off. We are still in a bubble, it has not burst.

  • @bubaba8938
    @bubaba8938 День назад +1

    If the whole building is from one seller and rents are good etc. Why would he be selling it to you cheap if renting is profitable.Doesnt make sense

    • @alabd9010
      @alabd9010 День назад

      Commercial Loans are only for 5-7 years. Their loan probably came due and the new interest came back at market rate

    • @alabd9010
      @alabd9010 День назад +1

      If they bought with a 3% rate, and the new rate was 6% their debt service (mortgage) doubled

    • @bubaba8938
      @bubaba8938 День назад

      @alabd9010 i understand what you say. Yet Ken would also be paying a 6% mortgage rate on 90 million. In that case renting wouldn't be enough to cover the mortgage

    • @alabd9010
      @alabd9010 День назад

      @@bubaba8938 well 6% on $90 million depends on the down payment Vs 6% on $142 Million

    • @tixe9
      @tixe9 День назад

      Listening to these comments 😮
      This is high level real estate . Lots of moving parts are happening. Sometimes it's better to listen than assume

  • @lawrencesmith9059
    @lawrencesmith9059 День назад +2

    he is too early. once deportation starts and unemployment skyrockets, the value will go down further.

  • @polok890
    @polok890 День назад

    High end rentals, just seems like your asking for it

  • @usvadi
    @usvadi День назад

    He is buying because real estate is going to skyrocket

  • @MrJuanete12
    @MrJuanete12 День назад +2

    Kenny... what if we hit a depression??? you may have overpaid...

    • @KyserMont
      @KyserMont День назад +1

      Thats why he makes sure it cashflows from Day 1. Even if the price does go down he can hold on and wait for the equity to grow and won’t be distressed

    • @FilipeSilva1
      @FilipeSilva1 День назад

      ​@@KyserMontwhat do you think happens to renters when a crash hits?

  • @victorfontaine4943
    @victorfontaine4943 День назад +1

    What’s your plan for the layoffs that are continuing to mount up by the thousands every month? (Anytime I ask a question in a room full of monkeys all I get is silence.)

  • @thehighway3695
    @thehighway3695 15 часов назад +1

    This guy doesn't have any money, he's a paper billionaire with debt to the eyeballs. Quit feeding this fool your money!

  • @johneliss
    @johneliss 6 минут назад +1

    I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Grace Miller for helping me achieve this

    • @HighlightsSerieATIM
      @HighlightsSerieATIM Минуту назад

      I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.

  • @thyslop1737
    @thyslop1737 22 часа назад

    Some good transparency. My only disagreement is I think real estate valuation still have a ways to drop. I work as a vendor to large investors with significant apartment portfolios.
    I work with one real estate investment firm that has probably 1500 units across their portfolio where I live and quite a bit of commercial property too. His total portfolio probably, I am guessing, is just short of a billion dollars and he is hanging on by his fingernails.

  • @-Justjayfr
    @-Justjayfr День назад +4

    So much fake , show real numbers and title

  • @AdamWright8fool
    @AdamWright8fool День назад +50

    The level of inefficiency and corruption in this administration is becoming absurd. Those who are disabled and do not receive the support to which they are legally entitled make me sad. I sincerely thank you, June Renae Matthysse. Imagine making $6k in 20 days with an investment of $1.5k

    • @ArchieJohnson5h
      @ArchieJohnson5h День назад +2

      That woman totally changed my life for good. I have come across individuals but none is as honest as June. So surprised you know her too

    • @RhysHuntoffice
      @RhysHuntoffice День назад +5

      I've seen different people talking about this June, she must be very amazing for people to talk this good about her

    • @incemarketers8168
      @incemarketers8168 Час назад

      😂

  • @bombbbesttestt23
    @bombbbesttestt23 День назад

    💰💰💸💸💯💵💵💵💵it’s time lol 🎉

  • @ZorroDaddy
    @ZorroDaddy Час назад

    I hope they pass pass the law that forbids such large purchases, you people been blood sucking the Nation dry. Bad Karma.