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Lifetime Cash Flow Through Real Estate Investing

Ep #62 - Ken McElroy - controlling more than 10,000 units with 1,000 units in construction, from his first purchase of a 2-bedroom condominium that cash flowed at $150 per month, Ken has built a multifamily real estate portfolio worth over $700 million

Lifetime Cash Flow Through Real Estate Investing

Rod Khleif

Passive, Estate, Family, Business, Management, Income, Multifamily, Apartment, Education, Multi, Property, Commercial, Real, Investing, Investor

4.81.4K Ratings

🗓️ 17 October 2016

⏱️ 42 minutes

🧾️ Download transcript

Summary

Ken McElroy - controlling more than 10,000 multifamily units with 1,000 units in construction, from his first purchase of a 2-bedroom condominium that cash flowed at $150 per month, Ken has built a multifamily real estate portfolio worth over $700 million. Ken is a best-selling author and is the epitome of the word “entrepreneur”.

Here’s some of what you will learn:

  • Why “No” isn’t a failure.
  • The structure of Ken’s first Big Deal - $9 million.
  • Developing momentum.
  • Moving from talk to action.
  • How Ken’s management company worked with tenants during the 2008 recession.
  • Ken’s multifamily investment strategy.
  • How to keep making money over time – tax free.
  • What is a preferred return?
  • The importance of having a coach or mentor.
  • What to look for in a good broker.
  • What to look for in a good property manager.
  • What to look for in a good real estate attorney.
  • Connect with me on Facebook at: Rod Khleif.
  • Text ROD to 41411 for a FREE copy of my upcoming book.

Our Guest

You can learn more about Ken McElroy at: http://www.kenmcelroy.com/

Want to build Lifetime Cash Flow from Multifamily Properties?

If you’re committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business! - if you'd like to receive information about our program, text CRUSH to 41411 now.

Recommended Resource

  • Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://meetme.so/RodKhleif

Review and Subscribe

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Transcript

Click on a timestamp to play from that location

0:00.0

I firmly believe that cash flow is king and most people don't follow that guide.

0:08.0

Welcome. This is the Lifetime Cash Flow through real estate investing podcast.

0:14.0

This is where you learn strategies to help you achieve lifetime financial freedom through real estate investment.

0:20.0

Your host Rod Cleef has owned over 2,000 homes in apartments.

0:25.0

And he brings experts in all aspects of real estate investment and management onto the show.

0:30.0

Now, here's your host, Rod Cleve.

0:35.0

Welcome to another edition of how to build lifetime cash flow through real estate investing.

0:38.9

I'm Rod Cleve and I am thrilled you're here.

0:41.5

I know you guys are going to be very excited about who we're

0:44.8

interviewing today and you're not going to want to miss this episode. I have a

0:47.7

but before we start I just have a couple of quick things I want to mention to you

0:50.9

guys that I love that you know I love it when you reach out to

0:54.6

me about the deals that you're doing you know you email me you call me so if you're

1:00.0

listening to my podcast and you've purchased a multifamily property as a result of what you've learned or been inspired by on this podcast, please give me the gift of letting me know about it. Email me at rod at rodcliff.com and tell me, that's R od k-h-h-l e i f.

1:16.4

I tell you nothing makes me happier than to get those emails so like I say you know

1:20.3

I'll ask of you please give me that gift. I also want to thank you guys for your

1:24.4

patience and waiting for my book. I finally got the editing back from my editor. I'm doing the

1:29.0

final edits and we're very very close so those of you that haven't gotten on the list for a free copy, be sure you do that because I'm only going to give it away free till the end of the year and then I'm going to put it on Amazon and it'll cost. So if want it text rod to 414-1 and we'll put you on the

1:45.7

list and guys it's coming very shortly and last but not least I want to also

1:50.2

mention I absolutely love interacting with you guys on social media.

1:53.7

So you know I'm happy when you connect with me and interact with me on Facebook, Instagram,

1:58.0

Twitter.

...

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