Most people grow up hearing one thing about debt. Debt is bad. Stay out of debt. Cut up your credit cards. Live below your means. Experts like Dave Ramsey or Suze Orman often convey this message because they are speaking to people who already struggle with debt. They are teaching basic financial safety. I respect...
When ultra-luxury New York City housing markets stir, it’s more than just a headline—it’s a signal. A recent wave of high-net-worth residents in NYC is reportedly deciding to relocate to suburban markets or other states. While headlines often focus on politics or tax issues, as real estate investors, we need to look beneath the surface:...
Ken McElroy’s November Reading List: 10 Books That Build Leadership, Mindset, and Financial Intelligence November is the perfect month to pause, reset, and intentionally prepare for the months ahead. As the year winds down, it’s natural to reflect on what worked, what didn’t, and what skills you want to strengthen. It’s also a season of...
When President Trump recently floated the idea of a 50-year mortgage, most people laughed at first. But according to multiple reports, this proposal is highly probable, and if it happens, it will fundamentally change how Americans buy homes. Let’s unpack what this means for buyers, renters, and real estate investors. Lower Payments, Not Cheaper Homes...
Popular finance advice often says to get out of debt. That message helps people who struggle with consumer loans, but it ignores a key truth. Debt can be one of the most powerful tools for building wealth when you use it correctly. The first step is understanding the difference between good debt and bad debt....
I have been through multiple real estate cycles over the last three decades. Peaks, crashes, sideways years, euphoric markets, fear-driven markets. And every cycle has something in common: Most people only recognize opportunity after it has passed. Right now, we are entering a period that smart investors have been waiting for.A rare window where leverage...
I did not come from money. I did not have wealthy parents, a trust fund, or special connections. When I started in real estate, I was earning $700 a month managing a 60-unit apartment building. Today, I own over 10,000 units, and those properties pay me every single month whether I work or not. People...
I’ve been in real estate for over three decades, and one thing has always been true: the market rewards investors who see shifts early. Right now, one of the biggest shifts underway isn’t grabbing mainstream headlines, but it’s transforming how investors build wealth. Welcome to the rise of build-to-rent communities (BTR) and alternative rental asset...
For the first time in years, renters, not landlords, have the leverage. Apartment owners across the country are offering months of free rent, slashing asking prices, and throwing in incentives just to keep occupancy up. According to The Wall Street Journal, the national average rent fell 0.3% last month, the biggest September drop in over...
If there is one thing I have learned in more than 30 years of real estate investing, it is this: emotion is the enemy of profit. Nowhere is that more obvious than in real estate bidding wars. A new study from the Rochester Institute of Technology analyzed 14 million home sales over 20 years. The...
