The Future of Federal Involvement in 2021

The Future of Federal Involvement in 2021 2 | Ken McElroy Image

To join Ken McElroy’s Newsletter, follow this link: https://www.kenmcelroy.com/news — Join Ken McElroy in a conversation with Jason Hartman about the rapidly increasing inflation in the US and how the Feds’ involvement in the economy will affect us in the long term.

Scoping out the perfect short sale home

Finding Short Sales | Ken McElroy Image

Finding the Right Short Sale Property
If you’ve been considering an investment in real estate or buying a home, you may have found yourself looking at short sale listings. But what exactly is a short sale? A short sale occurs when a lender allows a homeowner to sell their property for less than they owed on the existing mortgage. This process allows the lender and the homeowner to avoid the lengthy and costly foreclosure process. Unlike regular home sales, in a short sale, the lender is actually the one approving the sale

Secondary Markets Outperform Primary Markets

Secondary Markets Outperform Primary Markets | Ken McElroy Image

Primary markets as most of you know are suffering. What we are seeing is a lot of secondary markets by the big cities are heating up as the cities cool down. For example, as Washington DC cools, Virginia Beach heats up. Same with San Francisco -> Sacramento and Los Angelis -> Riverside. The truth is, these more expensive cities were already at their tipping point prepandemic. The pandemic only accelerated it.

Answering Your Questions About Real Estate During COVID-19

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Welcome to the real estate strategies podcast. I’m Ken McElroy, and I’m here to give you creative ideas on how you can get started or continue your journey in real estate. Each week, we will bring you inspiring and informative conversations with successful people and their path to obtaining or investing in real estate. Enjoy […]

The Nine Most Important Things to Consider, When buying a Rental Property….

The Nine Most Important Things to Consider When buying a Rental Property…. | Ken McElroy Image

People often times miss this very important question. They try and measure the cashflow of the future value, or they say they don’t mind feeding it some money each month. To be direct, it is only a good investment if it cashflows based on the rents and expenses of today, not the future rents you think you will get five years from now. Cashflow is the most important thing when deciding on a rental property.

It’s Just Math

Its just math | Ken McElroy Image

I am going to show you how to look at a Zillow listing and decide if the property is cashflow positive or negative. Obviously, I want you to dig into these numbers and verify the rent and expense numbers, but start with just the basic calculation. If the numbers don’t work on the initial calculation, then it is not worth your time. If the numbers do work, it is time to move into due diligence and verify the rental and expense amounts. FYI in this hot market, most listing don’t work. That is why it is up to you to always look at the new listings and run the numbers daily.

The Real Estate Crash of 2021

Thumbnail 8 2020 07 31 2021 Crash YT Thumbnail | Ken McElroy Image

A correction is coming to the real estate market and I expect to see it early next year. Each downturn is very similar to the next. We have high unemployment, and housing prices that are extremely inflated. Yet, people keep asking me, “how can you say it’s going to crash when prices are skyrocketing? If I keep waiting, I’m going to miss out on the buying opportunity!” So let me put a few things into perspective for you. This is a supply and demand issue. That is what inflates and deflates prices: inventory versus demand for housing

It Won’t Happen Here….

real estate investing | Ken McElroy Image

If you find yourself saying or thinking, “it won’t happen here,” I need to give you a reality check. Denial is not an investment tool. In fact, you can’t be a successful investor if you don’t understand market cycles. When a correction occurs, it generally happens everywhere in the country. Of course, some areas are affected more than others, but every city and every state is eventually affected.

Cash is King

Cash down payments | Ken McElroy Image

Cash is king moving forward. Let me repeat cash is going to be king in the next 12 months. Here is why. Banks want to lend, it is in their nature. The problem is if people are out of work or just starting a new job, or are behind on bills the bank cannot lend to them.

Affordable Housing and Mobile Home Parks

Affordable Housing and Mobile Home Parks | Ken McElroy Image

I will tell you that affordable housing will become more and more of a need in the United States over time and this is definitely something you should understand and look into. That is potential here from owning a park to possibly even converting a mobile home into a rental.

Why now is the time to read The ABC’s of Buying Rental Property

ABCsBuying RentalProperty McElroy Proof11 | Ken McElroy Image

If you are interested in obtaining a rental, then take the time to read my book “The ABC’s of buying Rental Property.” The next couple of years you may have the biggest buying opportunity you will see in your lifetime, so you need to be prepared. I wrote this book to prepare you with all of the in-formation you need to know when purchasing your first rental. I am going to help to prevent you from making the same mistakes new investors make and to maximize your investment.

Investing in Mobile Home Parks

Investment Analysis Property Management with Ken McElroy How to Invest the Right Way | Ken McElroy Image

Affordable housing is a legitimate concern in the real estate market. Not only considering when buying for yourself but also thinking of long term rental properties to own as well. Mobile home parks are a two sided coin. On one hand, they are usually fairly easy to obtain properties and most can be acquired for […]

How can you make inflation work for you?

Investment Analysis Property Management with Ken McElroy How to Invest the Right Way | Ken McElroy Image

So, let’s first get past the denial. I am still hearing people tell me there won’t be inflation when we have just printed 2 trillion in cash to distribute and by the end of this, it will most likely be closer to 5 trillion. The amount of money in our current money supply was 2.5 […]

3 Ways to Get Started in Real Estate and 1 Way I Would Never Recommend!

Investment Analysis Property Management with Ken McElroy How to Invest the Right Way | Ken McElroy Image

Invest In A Bigger Real Estate Deal with a group of people or a company The first is what I do with my investors at MC Companies. Which is joining with others to invest in a bigger deal. This can be either commercial or residential. There are two great things about investing in a larger […]