How I Turned $116K Into $3 Billion

No video

How I Turned $116K Into $3 Billion

Рет қаралды 310,102

Күн бұрын

Ken McElroy shares his journey from modest beginnings in property management to owning a multi-billion dollar portfolio. He offers insights into the importance of understanding operations, the power of foresight in property investment, and the necessity of slow, methodical growth. He highlights the crucial role of raising capital, learning from mistakes, and the significance of building a scalable business model for long-term success.
Ken has a real estate strategies podcast! Follow your favorite platform each week.
Apple Podcasts: apple.co/3jDqftx
Spotify: spoti.fi/31GUDwW
Follow Ken on social media at: x.com/kenmcelroy
• • •
Be sure to click the bell to be notified as soon as the next informational video is posted!
Visit Ken's Bookstore: kenmcelroy.com...
•
ABOUT KEN:
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 has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
Ken's company: mccompanies.com/
•
DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind.
Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’
Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel.
Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites.
All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates.
2023 KenMcElroy.com, LLC. All Rights Reserved.
#kenmcelroy #realestate #realestateinvesting #RealEstate #Investment #PropertyManagement #CapitalRaising #BusinessGrowth #OperationsManagement #CompetitiveAdvantage #ValueCreation #Pandemic #KZfaqChannel #Influencers #PassiveIncome #TaxAdvantages #RobertKiyosaki #Ego #LongTermStrategy #FinancialFreedom #Scalability #BillionaireInsights #MarketAnalysis

Пікірлер: 332

@KenMcElroy 7 ай бұрын

If you want to see the lessons I've learned from meeting 27 billionaires, click here: kzfaq.info/get/bejne/iLqkY5djrZu5qXU.htmlsi=vDoLpaSLpJ7d68IK

@48512 7 ай бұрын

Can you spare $200k

@nsdpodcast1690 6 ай бұрын

great content ken would love to do a podcast with you one day

@Mr_Stunna 6 ай бұрын

Please hire me in Texas

@dropoutandretireearly1781 4 ай бұрын

What is your true realistic net worth Ken ?

@Only1Steven 19 күн бұрын

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

@andypadova 19 күн бұрын

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

@michaellaw321 19 күн бұрын

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilising a portfolio coach for more than two years

@cesarmurph 19 күн бұрын

Mind if I ask you to recommend this particular coach you using their service?

@michaellaw321 19 күн бұрын

Sharon Ann Meny, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

@cesarmurph 19 күн бұрын

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.

@NicholasBall130 Ай бұрын

One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $30k of my savings in stocks this year, and I hope I make profits.

@TylerJamestown Ай бұрын

You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

@StacieBMui Ай бұрын

That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.

@LiaStrings Ай бұрын

I really want to get in with a financial advisor this year, especially as all markets are hitting highs. I don't want to be too optimistic and end up losing everything.

@StacieBMui Ай бұрын

Sonya lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@grego6278 25 күн бұрын

Thank you so much! This is exactly what I needed right now. I wrote her an email and am waiting for her reply. Hopefully, she responds soon. I plan to start the year on a strong financial note.

@Curbalnk 3 ай бұрын

Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!

@gagnepaingilly 3 ай бұрын

Compounding effect is the best. it took me 8 years to grow my retirement fund from $0 to $100k, yet only 4 years from $100k to $200k.

@sommersalt88 3 ай бұрын

Money advice is subjective, what works for you may not work for someone else, but it's always better to plan. I'm quite lucky exposed to personal finance at an early age, started job 19, bought first home 28, got laid-off work 36 amid covid-outbreak, and at once I consulted an advisor to handle growing my finance. As of today, I'm only 25% short of my $1m goal after subsequent investments.

@sommersalt88 3 ай бұрын

Yes indeed.... *Jennifer Leigh Hickman* has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.

@thepawfectpuppies 29 күн бұрын

Sooo true my mother in law died 2 years ago and left a little over $100k invested in a trust for my husband that came from the sell of her house plus some small assets and the interest is so much and are withdraw rate monthly is only 1.5%($1500/mos) and we still have a min of $10k at the end of the year to roll over. Every year goes up a tad to meet inflation and he’s never allowed to touch the original $100k. If people just realize it’s possible and all gravy baby after $100k. And to the people that say oh your privilege. He’s really not he’s never been given a hand out or anything else by his family. He’s a wounded warrior that also works 3 firefighter full time jobs to support us. So I can be a trad wife and stay home with the kids.

@raider5787 18 күн бұрын

@@sommersalt88😂

@edwinhunnet2666 3 ай бұрын

Being a property manager prior to owning real estates is the best position to be in in this housing game.

@athenapaquette 2 ай бұрын

Or a lender. By being the bank and finding people the money underwriting etc you learn how to get the money and how all kinds of lenders look at it.

@newsoundacoustics7973 3 ай бұрын

Man so glad I found this guy. I love how real he keeps it. Hope I can meet him one day and shake his hand. I'm inspired.

@athenapaquette 2 ай бұрын

He's way more down to earth then the videos w his wife a little too high level and fake/orchestrated. This is awesome. A gift.

@KenMcElroy 7 ай бұрын

If you find value in this content, please consider sharing this video with a friend. It would really help me out and enable us to educate as many people as possible.

@robertruschak7083 6 ай бұрын

Great content 👍🏿

@riggidybang 7 ай бұрын

These are my favorite Ken videos - just where he is sitting across the table and dropping some of that knowledge

@trininy07 6 ай бұрын

Way better when it is just him

@felipecervantes7881 4 ай бұрын

Knowledge that worked 20-30 years ago. Truth is, if your a millennial and or GenZ, you wont have 1/4 of the opportunity this man had during the time when the economy was in full bloom. Nothing of what he says works now.

@Danny-fs1hk 7 ай бұрын

I met Ken in Arizona back in 2001 at one of Robert’s 3 Day events. Don’t let Ken fool you. He killed it on stage.

@priceandpride 6 ай бұрын

Don’t let Ken fool you. Period.

@monkmysterio 7 ай бұрын

"the government is not a good landlord"..."there's ego appreciation"...INCREDIBLE QUOTES!!! INCREDIBLE!!! You are one of the greatest minds in real estate. A true blessing to be able to receive this wisdom from you. Keep it coming Mr. McElroy!!!

@KenMcElroy 7 ай бұрын

Thank you.

@HOEA-WAKA 6 ай бұрын

Agree 👍🏽

@elina6519 2 ай бұрын

Being in real estate is like fixing alot of problems and making it to bea the best so that you business can be more successful.

@johnsonmerry5956 2 ай бұрын

Yeah is a wise man, to become an real investor one have to get a mentor and adviser too.

@idownadesanya-bw9px 2 ай бұрын

This is a business that need money to get started without money you can get into real estate.

@michaelking4490 2 ай бұрын

@@idownadesanya-bw9pxthat's true without money some can't go into real estate, someone have to make money first before going into it

@blinkenjoshua-xr9ub 2 ай бұрын

@@michaelking4490You're absolutely right, to be a successful in life required not only hard work but awareness and sometime opportunity at the moment, investment remains the best way to start.

@jesdelighted7458 2 ай бұрын

yeah investment is the key to sustaining your financial longevity but venturing into any legit investment or business without a proper guidance of an expert can lead to great loss too.

@walterperu68 7 ай бұрын

I have been working for two real estate investors here in Oregon for the last 17 years. At the beginning of last year I purchased an 8 plex with a partner with an average rent of $830 a month. I remodeled all the units and moved in new tenants and current rents are now $1550. I was able to do this because of my experience managing other people’s assets.

@remodelassets6523 6 ай бұрын

Well done fellow Investor 💯🏠🏘️🏚️

@Sarahsmydog 4 ай бұрын

Honestly, doubling your rent on a value add deal is definitely not normal, it’s absolutely likely that market conditions propelled that rent growth far beyond what it would have normally been.

@ElvishShellfish 3 ай бұрын

thank you for removing affordable units from the market and renting those same units at nearly double the price. you have removed housing from a market made of people who really need it.

@walterperu68 3 ай бұрын

Go pick a fight with institutional investors and Jerome Powell, and not with a blue-collar worker that’s trying to feed his family.

@Sarahsmydog 3 ай бұрын

@@walterperu68 you’re not a “blue collar” worker trying to feed his family. By your own admission you’re very happy about what you did and it’s entirely abnormal to double rent on a value add program like this.

@robinjackson7540 3 ай бұрын

2:28- thank you for highlighting Ken. This is what a lot of people, myself included get caught up in, and mistake it for achievement. That loop of “busyness” is constant and it will never change unless you scale up and or invest your earnings 🙏🏾✌🏾

@TechOutAdam 7 ай бұрын

Ken is an absolute mastermind. The only person I listen to about real estate.

@Rita-vd2tx 6 ай бұрын

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last 4months of 2023

@Rita-vd2tx 6 ай бұрын

I don't comfortably throw recommendations around on the internet, thanks Amelia Jason . God, she's brilliant! I'm sure there are others who are good also that excel in the field

@Starkham 6 ай бұрын

Woah for real ? I'm so excited. Her strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started

@Rita-vd2tx 6 ай бұрын

she's mostly on Telegrams, using the user name.

@Rita-vd2tx 6 ай бұрын

@AmeliaJason11..’

@Rita-vd2tx 6 ай бұрын

When sending her a message do ensure she’s VERIFIED” cause a lot of imposters out there., .

@dutchcrunch91 7 ай бұрын

I’ve been doing commercial property management for about 15 years. It’s a grind. Nothing glamorous. Definitely not get rich quick.

@sivakumararuchamy3491 7 ай бұрын

Inspiring Ken ! Learning a lot from you ! Keep sharing your learnings ,secrets and success stories!

@jod5834 7 ай бұрын

thanks! Love the format of the video, you talking directly to us about your experiences in RE!

@arigutman 6 ай бұрын

Very informative video, thank you for sharing your insights. Would love to have you on Masters of the Market.

@willbuchholtz4531 7 ай бұрын

This guy is the real deal. I love how real he is

@Bryanbobber 7 ай бұрын

4 real

@brandonrobertson1696 4 ай бұрын

Now release a video telling us how to turn 0$ into 110k$.

@jaygold4467 2 ай бұрын

Exactly. I wanna hear that story.

@natlovell122 2 ай бұрын

Get into sales, I got into medical sales a year and a half ago. I was making about $70k a year prior. This year I’ve made $90k in 5 months.

@christobar 2 ай бұрын

Hard work.

@jaygold4467 2 ай бұрын

@@christobar Hard work just gets you more hard work. The wealthy must pay their taxes.

@SigmaSam33 7 ай бұрын

"It's a busyness" - Ken Mc Elroy. Well said. I owned a logistics busyness. 😂

@77magicbus 2 ай бұрын

Great story and wise counsel. You did it and deserve all your wealth. Freedom is precious.

@leadgenjay 7 ай бұрын

Ken's emphasis on the importance of operations and methodical growth is spot on. A key tactic for real estate entrepreneurs is to leverage predictive analytics for market trends, which can significantly enhance foresight and strategic positioning. Always stay informed on local economic indicators to make smarter investment choices.

@EliWesley4 Ай бұрын

I am so happy that I made productive decisions about my finances that changed my life forever. I am a single mother and I live in Spain, I bought my second house in September and I hope to retire next year at 40 if all goes well. thanks to Louise O'Brien for helping me achieve this.

@DanetteAguilar01 Ай бұрын

I've heard a lot about her. Please how do I contact Louise O'Brien?

@EliWesley4 Ай бұрын

SHE IS ON TELE GRAM.

@EliWesley4 Ай бұрын

She communicates on telegram..

@EliWesley4 Ай бұрын

@ATLouise55 ..that's it .

@EliWesley4 Ай бұрын

That’s her user-name

@Cashflowsavage 7 ай бұрын

I’m 45 and finally at a point where my real estate works so hard that it feeds itself meaning snowball effect it makes money that I can save and find the next deal

@lubosimaboshe 7 ай бұрын

Ken is right 👍 learning how to run real estate takes time but if you keep going you will understand it. And become very rich. It takes time that's why you have to start small to grow your confidence to do bigger deals. Jumping in is not always the best solution, doing it slow, and creating deal networks is more wise. Great video.

@curlsalot91 13 күн бұрын

so thankful i find you!! Blessings man

@klausroethel5961 3 ай бұрын

Thank you for your direct and very kind presentation 🙏 I love the COIN analogy ! Three sides !! I’ll never forget it !

@jeran881 7 ай бұрын

Good video. I still don't know how you did it. Mostly I heard you found the right people at the right time.

@FlipHackingRealEstate 7 ай бұрын

I was so excited when i saw that you dropped this title! Let’s goooo!

@worldwideachievers1234 5 ай бұрын

Hey Ken when will your new books on CPA, investing and managing be available? You spoke about it on the video “Full Day of a $2 Billionaire”. Excellent video btw. Great humility and insight on your experience. People love stories and this is one.

@UchechukwuAlbert 2 ай бұрын

I really am happy that I came across your post. Thank you sir. I'm so inspired

@billm5758 5 ай бұрын

"Sales solves everything "!! Awesome truth! You can grow a business on the expense side of a ledger, but you sure can growing revenue...then manage the expenses

@wesdhill 6 ай бұрын

Ken is the real deal and we are fortunate to learn from him. Learning how to managed real estate assets before you ever invest or before you raise money is an oustanding plan. I started in property management too and have followed the same plan, albiet much less asset value than Ken.

@keithgrayson7759 7 ай бұрын

Appreciate you sharing your journey

@julesmckenzie5821 6 ай бұрын

This was tremendously insightful! Thank you for sharing Ken 🏆

@scottkidd1969 7 ай бұрын

Great advice on learning and taking it slow. I wish I would have done this many times in my life.

@JagtarShergillPodcast 7 ай бұрын

I believe you and read your book about How to buy your first Rental property. Then I bought my home in May 2021 to live, and then in June 2023, I bought my first rental property as per your guidance . Thank you for sharing your experience and knowledge

@BigRyGuy 7 ай бұрын

Ken, so when is the perfect time to jump into real estate. So many opinions our there….with for interest rates to come down….Wait for housing prices to dump….Come up with more down payment to ensure cash flow. Some day you have “pull the trigger” but when is the best time?

@SuccessMikeMatthew-gw5uh 3 ай бұрын

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.

@GrozaGroza-ko7fn 3 ай бұрын

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

@stephaniebeddis8069 3 ай бұрын

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

@HighlightsSerieATIM 3 ай бұрын

The very first time we tried, we invested $1000 and after a week, we received $7500. That really helped us a lot to pay up our bills.

@anatolyivan 3 ай бұрын

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

@pedroAgondel 3 ай бұрын

Most people are retiring this year and has nothing to show for. But I assure you it's never late to get your financial life together again.. All thanks to Charlotte Grace Miller for I and my family

@envercito1 7 ай бұрын

Thanks Ken, you’ve inspired me that I can achieve my goals with hard work and dedication.

@NEXTLEVELHEALTHwithTim 6 ай бұрын

What do you feel about real estate pricing today? It’s a lot different that it was 20-30 years ago. Is it still the best investment?

@thepropertylife 7 ай бұрын

I love your videos. You are the best of the best. Thank you for what you do.

@clearviewproducts 7 ай бұрын

Awesome advice and thank you for posting this. Great content ken

@jacquesdutoitpvt Ай бұрын

🎯 Key points for quick navigation: 00:00 *🏢 Importance of Operations in Property Management* - Understanding operational aspects and problem-solving before property purchase is crucial 01:09 *💰 Importance of Generating Passive Income* - Focusing on passive income through real estate for long-term financial success 05:17 *🤝 Building Relationships for Investment Opportunities* - Leveraging relationships and networking with diverse professionals for investment opportunities 20:58 *💼 Delegating tasks for scaling a business* - Delegate tasks effectively, hire for admin work, and focus on critical company growth activities. 22:46 *📈 Focus on revenue-generating activities* - Concentrate on revenue-related tasks and prioritize activities driving financial goals. Made with HARPA AI

@Exhowraon11248 7 ай бұрын

Wow the editing on this is amazing!

@astroboy483 7 ай бұрын

You’re the editor, I take it. But, yes, good editing.

@alexjones28 5 ай бұрын

I'm currently reading your book the ABCs of real estate investing. Can't wait to get my first property

@sh0ck815 4 ай бұрын

I really like your approach to management, thank you for your insight

@TyronneRatcliff Ай бұрын

Tons of great business advice. Thanks!

@jamesmcnamee529 6 ай бұрын

Great listen! Keep up the content, even if its simple stories like this Ken.

@renatosureal 7 ай бұрын

Thanks for sharing your story ... needless to say I wanted to learn more about _Leonard Litwin_ who I've never heard of (for obvious reasons). Interesting real state professional.

@garyounrou3718 5 ай бұрын

Very interesting and knowledgeable video. Just sign up for your channel, hopefully will learn a lot from you.

@Jahguaar 6 ай бұрын

Knowledge and action support growth.

@ashog1426 6 ай бұрын

I am going to really start looking into my first multi unit here soon mostly thanks to you.

@seanyounk1 4 ай бұрын

This is solid gold.

@joencrypto8133 6 ай бұрын

At around 14:30 is probably the message that I will forever remember and share with others.

@maxt1617 4 ай бұрын

Regarding being an operator first and an owner/investor later... damn right. Same in equities; it's been such an advantage to know how business operate first and how bad 'negative news' actually is... and then become an investor (in cheap, downtrodden stocks). Too many investors or city analysts, and they don't know how a business actually operates, only what the outputs look like (accounts, presentations).

@jwalk937 5 ай бұрын

I'm 38 like you I own a triplex and prepping to purchase a quadplex house hacking I love it but as I look at the vets in our area and they seem to have too much and are stressed or just unattached with their assets is it better to have 4 solid multifamily properties then 40-50 mediocre/ decrepit ones.

@castlerc 6 ай бұрын

Amazing wisdom Ken. I sent a few videos to my 16 year old son. He’s been selling candy and soda to his classmates in middle school. He just started buying soda machines and fixing them. Started an LLC and is trying to place them. I’m 54 with 8 sf rentals and retired. Going to cruise the Bahamas and Caribbean soon in my boat. My question to you is when are you planning on retiring. Just curious. 🍻

@Eden639 6 ай бұрын

Great video, thanks for sharing your knowledge and experience.

@motocrazy81 Ай бұрын

great story ! love it ! inspirational sir !

@Specialagentbryan 7 ай бұрын

Thank you Ken! Great information!

@athenapaquette 2 ай бұрын

These videos are much better than the ones w his wife. This is the mindset. Check out the 5 mist important books ones too. ❤

@jauntynguyen6483 7 ай бұрын

Thanks Ken! As always very informative.

@SharonHarvest 6 ай бұрын

Nobody can be financially successful overnight. They put in background work but we tend to see the finished part. Fear us a dangerous component hindering us from taking bold steps we need in other to reach our goal.

@leahc5224 7 ай бұрын

We’ve had property for a long time and NEVER FOUND AN HONEST PROPERTY MANAGER. They were all sharks. The only thing that we could hope for is that they would be too lazy to do too many bad things.

@JustMe-gx4xt 5 ай бұрын

I agree, most property managers are greedy and only collect rent. A pointless middleman.

@KarinDonna 7 ай бұрын

This topic looks catching and interesting but sounds like a lie. How long did it took you to achieve that? Even my late dad that owned multiple estates didn't make it to billions. You can only achieve that when you invest in Oil & gas, Gold, Diamond and tech. But that requires big capital to start up, counting in millions.

@dustinmaherfitness 6 ай бұрын

Thanks for this video. I love your start out slow recommendation. I started in commercial real estate 2 years ago, bought about 20M worth and most have been amazing but a couple smaller properties have been challenging including having to fire our property management company for our 112 br apartments and my wife and I are now managing it. We have turned it around and added a million in value in less than a year (30k/month revenue to 44k) but it wasn’t without a lot of pain and stress. PM isn’t for the faint of heart!

@matthewjames1172 7 ай бұрын

kenny mac droppin' knowledge bombs.

@NWONG-qk2lt 6 ай бұрын

I learnt the real estate investing from u folks especially using debt as the asset. I am an architect developer. I am quietly doing what I am doing without bragging to anyone.

@ypey1 3 ай бұрын

Great talk!i love it, this realy helps me i must say…. Thanks man

@andreaslingue1918 7 ай бұрын

Thank you for your wonderful insights. Awareness* (the ability to see) is the greatest gift available to all of us, it is completely free once we understand that we can reach its highest levels, simply by giving and helping in a sustainable way. I can't believe the power of the words you just said. It truly resonates with my own life. Thank you Sir.

@tressacramer9192 7 ай бұрын

I appreciate your wisdom. Thank you for sharing it.

@saasworks 21 күн бұрын

Hey thanks for your advice, i clicked because it's about the amount of personal capital i started with and i paused to write this comment when you stopped and said you needed outside capital to grow. This is where I am at in my journey :)

@absolutecrypto95 7 ай бұрын

Been following you for a while. Thank you for your videos

@haveascottyday1405 5 ай бұрын

I wish I could find someone to manage my properties as well as I used to before a job, 4 young kids, and 3 other companies (I've always had the same day job). Any suggestions? I've gone through multiple management companies and NOBODY was even close to matching my abilities. I've got about 65 LTRs in SWMI and frankly, I am contemplating selling everything. There's only so much time in a day and after hiring these companies, revenues fall and costs skyrocket to the point I'd rather take the $$$ and place it into the stock market to have zero work and no headaches. It's so disappointing to have these thoughts after all the years of work to get things to this point. The comment "one big flip" really resonated with me. That's what I feel like right now as a 36 year old.

@newtonng2163 9 күн бұрын

Wow i started in a similar pathway like you and admire and have followed and catered strategies and it does work and yes always know the bad before the good and this is how i have grown my small portfolio of properties and mailbox money is amazing

@theodoroseidler7072 5 ай бұрын

Excellent video. I'd love to get Ken as my mentor. As a doctor and a real estate owner, I would really love his mentoring.

@dropoutandretireearly1781 4 ай бұрын

What is your true realistic net worth Ken ?

@anthonyminniti17 6 ай бұрын

Great vid, my favorite you have ever done

@skynet251 6 ай бұрын

Im a stock dividend investor and real estate is similar to this. The only difference is that dividend investing is trully passive

@nidhijhawer756 7 ай бұрын

Hey Ken, great information! I dont want to be the one pointing out flaws but the audio sounds too quiet. I had to grab my headphones to not let my ambient noise cover your voice. Thank you.

@JDKoosRacing 7 ай бұрын

Wow, thank you for sharing this with so much detail. 15 minutes of content and discussion that is more meaty than most books. I’m 39 and have grown net worth a lot since 23 when I started saving, and after 15 years in IT I started my own real estate business two years ago. What you said here is definitely my goal for the future!

@RidlysEmptyNetter 7 ай бұрын

Great Intel...thanks for sharing.

@LeNguyen-im8dm 6 ай бұрын

I know how to save money, but I don’t know how to invest. I enjoy learning how people get rich.

@diceymaan Ай бұрын

Many hustle influencers are selling people these get-rich-quick schemes, but there's always gonna be a cost. Whether it's time, money, or something else. Many businesses fail because they never learn the craft before becoming an entrepreneur.

@kennethstarkrl 2 ай бұрын

I'm working on software at the moment pivoted off another financial failure but technical success, new product with a much better B2B business model and easier path to cashflow. Working hard and quietly to make the tech very very good. Then once it's fully built (I'm about 90% there) I think my first hire would probably be a salesperson to sell the software licenses. My plan is to just give them some commission on the licenses they sell. Still worried about the actual process of hiring someone, admin stuff, completely out of my area. I'm a tech guy that builds software. The business admin side is my struggle.

@jettywetty9398 2 ай бұрын

I love ❤️ Your Content Ken & I’m 28 I also like Everything Finance.

@DK-ik3mi 2 ай бұрын

That's just 15% annual returns per year along with regular recurring investment of $25k/month. Totally doable

@jerrybillionss7693 7 ай бұрын

Thank you so much for this ken

@cryptolatino9220 6 ай бұрын

Great content. The only suggestion is to work on higher volumen on the audio. Thanks.

@infiniti2015 5 ай бұрын

Great video. No bs

@kakmcloughlin1927 7 ай бұрын

This was excellent Ken. You are such a great teacher and I always wondered about your story. I'm on the edge of the diving board looking down into the water. I see the numbers 2008 floating around at the bottom. I won't lie I'm scared.

@waynewoods349 7 ай бұрын

Great stuff Ken!

@alainmallette8479 6 ай бұрын

Hey Ken! You are providing great content for us to learn from the best in the business like you. I have a friend that wants to start in real estate in Canada with no cash upfront and not with a great credit. He is extremely motivated to learn and work hard. Is their possibilities to find money and deals or this dream is not realistic? Thank you.

@ElJefe360 7 ай бұрын

Excellent video!!

@kbkesq 2 ай бұрын

If Ken had just put that $116,000 in SP500 fund and reinvested dividends he’d have done great. The big reason he made so much was active work - starting property management, and getting investors. He can’t do that anymore. Property is too expensive. We need a major correction.