How I ANALYZE a deal...

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Ken McElroy

Ken McElroy

4 жыл бұрын

Join Ken as he reviews a recent broker package that he received. He breaks down the 3 steps that he takes to determine if he should move forward.
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The Sleeping Giant: goo.gl/iZZalj

Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and most recently his book on entrepreneurship: The Sleeping Giant. Ken is a Rich Dad Advisor.
Ken's company: www.MCCompanies.com

If you are interested in this topic you can find more information out at the links below.

Пікірлер: 72
@paulbiniasz2278
@paulbiniasz2278 3 жыл бұрын
I'm not sure I know of anyone who explains this material better than Ken. I have watched several of his videos and they're always engaging and informative. It's a real skill.
@keirdoubas
@keirdoubas 3 жыл бұрын
Please do a video on how you scaled from the very beginning to 10000 rental units and scaling in general. Itll be very popular with your subscribers. Cheers Ken loving your insights.
@rufusdean-el8336
@rufusdean-el8336 3 жыл бұрын
Loved it! Who are you man? You must be an Angel. You aren't even selling or giving away a free Tablet (or something). Regarding the resort, I'm not there yet. But its good to see the fundamentals at work. Thanks for sharing sir!
@worldsfinestnegativemind9108
@worldsfinestnegativemind9108 4 жыл бұрын
Nice! Thanks for sharing. Always appreciated. I'm sure a intelligent person like you will find a good deal.
@adamleitmanbaileyp.c.1133
@adamleitmanbaileyp.c.1133 4 жыл бұрын
This is very informative, many buyers and brokers do not actually analyze the deal, they simply look at the home, apartment, property, and see what they like or dislike rather than thinking more critically. Thank you for spreading this information Ken!
@user-lo7wy9ue2c
@user-lo7wy9ue2c 4 жыл бұрын
One of the best videos on real estate!!! I learned a lot. Thank you Ken!
@davidmorgan9245
@davidmorgan9245 4 жыл бұрын
Thanks for sharing!! Great info!
@riseyourvibration9669
@riseyourvibration9669 3 жыл бұрын
We’ve definitely learned something today! Phenomenal! You’re the best on this!
@levelupinvesting5539
@levelupinvesting5539 4 жыл бұрын
Thanks Ken for keeping it real with a real-life example!
@erickflorian8301
@erickflorian8301 4 жыл бұрын
Thanks so much for your insights
@chuckphill1904
@chuckphill1904 3 жыл бұрын
Just thinking about going into real estate and I must say, I’ve learned more in 2 weeks listening to this content and from Mr Kiyosaki than in school 🤦‍♂️
@ab221983
@ab221983 3 жыл бұрын
Keep going!!!!!!
@christopherbarker976
@christopherbarker976 4 жыл бұрын
Hi Ken thanks for the over view Regards. Kit Barker
@carolperone9634
@carolperone9634 3 жыл бұрын
Thank you for breaking that down honestly, really legit.
@jasonlien8237
@jasonlien8237 4 жыл бұрын
Great video! A lot of useful information!
@AnnisNaeemOfficial
@AnnisNaeemOfficial 3 жыл бұрын
Thank you so much for doing this, Ken! You're the best.
@francismansapit2643
@francismansapit2643 4 жыл бұрын
Thank you Ken !!!!
@davidgodleman3688
@davidgodleman3688 3 жыл бұрын
Please can you do more of these, the more we see the better, thank you Ken
@fotinigodella7062
@fotinigodella7062 2 жыл бұрын
U are amazing for many reasons but the most important for me is that you are sharing your knowledge, mistakes and tips with all of us! U changed soooo much my mindset!!!!
@MichaelBarayev
@MichaelBarayev 3 жыл бұрын
I love how u broke down the deal
@allkindagainzzz
@allkindagainzzz 3 жыл бұрын
You Sir are a Blessing!!
@verdantacres4460
@verdantacres4460 3 жыл бұрын
Thank you this was awesome.
@atama01
@atama01 3 жыл бұрын
wow....THANKS Ken, You de Man.
@vitonguyen7951
@vitonguyen7951 3 жыл бұрын
Thank you I hope to see you soon
@UltimateBargains
@UltimateBargains 4 жыл бұрын
Golf courses are often built on landfills, so converting to housing is impossible.
@Royaldane375
@Royaldane375 3 жыл бұрын
Thanks for explaining in such an awesome manner. Only wish you’d let us peek at the actual numbers
@joancalimbo3517
@joancalimbo3517 3 жыл бұрын
Thank you for this facts sir ken. Philippines
@vjmceo
@vjmceo 3 жыл бұрын
Can you please do a video on how to properly measure a building? Great video and great info as usual
@carlosotero772
@carlosotero772 4 жыл бұрын
Great videooooo!!!!!🔥🔥🔥🔥🔥🔥
@timkavanaugh6474
@timkavanaugh6474 4 жыл бұрын
Thanks Ken
@zorgee
@zorgee Жыл бұрын
very useful, thanks Ken
@andrevanniekerk2320
@andrevanniekerk2320 4 жыл бұрын
Trust but verify. Thanks Ken.
@CoachDomCosta
@CoachDomCosta 4 жыл бұрын
Dropping knowledge!!!
@managestreet
@managestreet 3 жыл бұрын
Good work, Ken!
@TheOpenCriticalmind
@TheOpenCriticalmind 2 жыл бұрын
Thanks Ken!!
@frankfrancisbeats
@frankfrancisbeats 3 жыл бұрын
Does anyone know any good videos or posts on how to put together a broker package to pitch an investment to an investor?
@haickelpadron3784
@haickelpadron3784 3 жыл бұрын
Could you teach us when selling about “depreciation recapture taxes" at a 25% rate.” I understand trying to invest for a long time but in case it needs to be sold how we deal with that
@hiatuz3512
@hiatuz3512 4 жыл бұрын
Thanks for the content! amazing info
@KenMcElroy
@KenMcElroy 4 жыл бұрын
I'm so glad you found it informative Christian! Thank you for taking the time to watch!
@josephtagliente6894
@josephtagliente6894 Жыл бұрын
Excellent video. Well done Ken.
@salvadorh7143
@salvadorh7143 3 жыл бұрын
Ken what if you low balled the owner , would it be worth buying it ? And doing something else with the land ?
@basilward8098
@basilward8098 3 жыл бұрын
great job
@rackfocus8299
@rackfocus8299 3 жыл бұрын
I would turn that vacant land into a selling point for a large mall or some other traffic generating spot
@hilarygraves
@hilarygraves 3 жыл бұрын
I learn a lot from watching your videos - thank you! I just watched 2 of them and noticed some spelling errors in the speech boxes on the vid. In this one it said "accessment" instead of "assessment" and the vid I watched before this one had "catagories" instead of "categories". Maybe that is just a note for your editor:) Anyway, thanks for great info. I just bought my first property, a 5-unit, so I'm soaking up the info!
@leonchengkeanmun7510
@leonchengkeanmun7510 4 жыл бұрын
Thankyou
@RavBarring
@RavBarring 3 жыл бұрын
Looks like you shouldn’t place any faith with the brokers. Else they’ll make you Broker.
@cody7657
@cody7657 3 жыл бұрын
Well couldn’t you negotiate it to a better amount to benefit all. And if so, what would you pay for it to make sense on deal
@johnhenrydavis
@johnhenrydavis 4 жыл бұрын
This is what I'm learning in your ABCs of Real Estate investing book right now. Great time for you to do this on video. Thanks
@petelipson3769
@petelipson3769 3 жыл бұрын
Kevin's book "The ABC's of real estate investing" is absolutely awesome. If you have not read it, pick it up. My R.O.I. on that book is 1000% plus with some of the money i have made in multiplex residential investments.
@clarisndoro-mashingaidze3486
@clarisndoro-mashingaidze3486 3 жыл бұрын
Trying to calculate my multi family that I want to buy using this formula
@2027759
@2027759 4 жыл бұрын
If evaluation of a deal is a central point to make an informed investment decision, then negative uncertainties (risks) should be assessed during the evaluation. There is a risk to get falsified information from an asset owner or not to get the information at all. It would be great to know how to mitigate such risks. Thanks Ken.
@patmarco2251
@patmarco2251 4 жыл бұрын
The way to mitigate it is to do your due diligence and dig for the missing or inaccurate information yourself.. how else can you mitigate that!?
@2027759
@2027759 3 жыл бұрын
@@patmarco2251 You're right. Due diligence is a very important step. Unfortunately it is not feasible to get all accurate data about the asset to make it meaningful information.
@2027759
@2027759 4 жыл бұрын
Amazing content 🙌 and can be taken as a guideline to evaluate a deal. Just a quick question - what do you usually do Ken if an owner refuses to provide you with a reliable historical revenue data? I faced this issue couple of times and got stuck. A hostel owner had listed his asset but refused to provide me with the revenue data to assess the deal.
@oasysgroupofcompanies2056
@oasysgroupofcompanies2056 4 жыл бұрын
Try to sign a confidentiality agreement and still if they refuse then mention this " I understand that you don't want to share sensitive data and I'd be happy to give you our offer based on our projected and estimated numbers but keep in mind that sooner or later I will going to find out the data at future pont in time during your due diligence and then your may be subject to change to reflect the new information.
@2027759
@2027759 3 жыл бұрын
@@oasysgroupofcompanies2056 Excellent recommendation Omar. Thanks a lot to you. I'll try to follow.
@jasonelles6121
@jasonelles6121 4 жыл бұрын
Question! If you liked it and its in a good area, would it of not been worth going in with a "cheeky" offer so that your margins are better! They may well of been a motivated seller?
@atulsingh7539
@atulsingh7539 2 жыл бұрын
How to find real estate to buy? How to find properties?
@youmayberight2434
@youmayberight2434 3 жыл бұрын
Thank you.
@KenMcElroy
@KenMcElroy 3 жыл бұрын
You're welcome! Thanks for taking the time to watch!
@youmayberight2434
@youmayberight2434 3 жыл бұрын
@@KenMcElroy I really appreciate your time and giving us your expertise on how to do better. I help a developer right now as a construction hand. Am slowly learning industry. Would like to eventually have income stream to be able to be with my family more. My entity is very small right now but slowly growing. It's name is United Standard Assets (U.S.A.) I'm thinking of making it an LLC this year God willing.
@ms8172
@ms8172 3 жыл бұрын
How can I get ahold of you Ken?
@arshdeepsaluja1376
@arshdeepsaluja1376 2 жыл бұрын
Hey ken i don't get it if a property is good,if it is producing positive cash flow. And will appreciate in value so why does the owner sells it! I mean if the owner wants money. So the property is good right, It it must have appreciate in value. So why doesn't the owner refinances it? And pull out the equity??
@yjmzzang9
@yjmzzang9 2 жыл бұрын
Thanks for being my Rich Dad
@zeezsaud7399
@zeezsaud7399 4 жыл бұрын
Can I work for you for free?? haha, Thank you Ken for your great content!
@petelipson3769
@petelipson3769 3 жыл бұрын
Broker estimated income can be "highly optimistic "😃😃, i am taking note of that one....that is a kind way to phrase it.
@Mike-cv7hv
@Mike-cv7hv 4 жыл бұрын
I'm guessing the projections for 2020 is gonna miss the mark
@toetsangkarma2580
@toetsangkarma2580 4 жыл бұрын
your words and graphic are more important than yourself!!!
@janicemorris6085
@janicemorris6085 3 жыл бұрын
They couldn't project Covid and its effect My first question would be Why do they want to sell?
@bbbeck6573
@bbbeck6573 4 жыл бұрын
The NOI is $200K. Why the hell would you pay more than $3M? You don’t have access to the land as there are buildings on it. I send me the deal. The sellers are smoking dope. Make an offer and easily back it up on current financials. Future revenue is irrelevant as you. You never buy on proforma!
@vitusvanc
@vitusvanc 3 жыл бұрын
Thank you for breaking that down honestly, really legit.
@100kviewsinvesting6
@100kviewsinvesting6 3 жыл бұрын
truly
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