Buying Apartment Complexes, Raising Millions, and Building a Profitable Business | BP Podcast 52

biggerpockets.c...
On today’s episode of the BiggerPockets Podcast, we talk with one of the most influential voices in the real estate investing world today - Ken McElroy.
Ken, the author of The ABC’s of Real Estate Investing and several other influential books, shares his story of getting started with nothing and building up a real estate investment company with thousands of units and hundreds of employees. Ken has a lot of great advice and knowledge for people at all stages of their investing careers, and shares it in a fun, entertaining manner.
On today’s show we’re going to talk a lot about getting started, raising capital, and investing in large apartment complexes for big wins. Don’t miss a second of this exciting show!
Read the full show notes at: renewsblog.wpen...

[@Trioscopic]

Can’t believe this was posted over 5 years ago! Such good stuff!!

[@Vic_RE_Investor]

Reading his book now. Great episode!

[@Fallout777]

His book is life changing, I'm about to read it again.

[@detricedwards7450]

I loved this Podcast. I am getting ready to invest in apartments and I am religiously listening/reading Ken's work. I love the way he teaches.

[@David-id4ps]

Detric Edwards how is your progress on buying an apartment?

[@liliananderson3372]

Oh nice Edward and l strongly advise you contact Mr Fred Benard on his email to have good standard apartment for you to invest into and make profit here is his email [e-mail]

[@MomciloUzunovic]

Thank you for this podcast!! Amazing interview!

[@cityparkproperties7001]

Like he said, his competitive advantage was working for property management company. What a great place to start. To master anything it's good to be a
In an environment where you can learn a lot. You're fully immersed.

[@MasterAcquisition]

Appreciate the Content Provided on this episode-
Shalom

[@JessnT]

This was eye opening and very inspiring.

[@TouXiong]

Just finished this book. Cool to hear his voice.

[@NoneofYabsnss]

Somehow they always skip the step where they show you the documents that they use when placing the properties under contract and selling to the buyer. Everyone wants to mentor but nobody wants to teach or give you the tools. I don't want or need someone to hold my profits for me. I simply want someone to say... "This is the document that you place in the sellers mailbox to discover if the seller is interested in talking with you about placing the house under contract or here is the document that you use when assigning the house to the buyer and here are the examples of what the paperwork looks like and how they are structured. This is what you need to have a lawyer looking at". I would watch another video entirely to get that information!

[@briandaggett6570]

+NoneofYabsnss The documents vary from state to state and whether it is commercial or residential real estate. However, if you want the general ideal. Videos are all over youtube. Just type in "completing offer to purchase". Otherwise, go to a Real Estate company and tell them you are interested in buying property but want to familiarize yourself with the paperwork first. Most would give it to you for free, they would probably be happy to go over all documents with you in general. Lastly, many times banks put on Free classes for first time purchasers to teach them how to buy/sell homes--in hopes that you use them for the mortgage.

[@futurejewoverlord9109]

NoneofYabsnss you gotta pay for that stuff, I have paid and I have them

[@juancortes5876]

Great vid guys thank you

[@MrRichBravo]

Loved it!!

[@mkelly1118]

So good!

[@robertruschak7083]

Great info.

[@MARIORODRIGUEZ-jq5ph]

DON'T FORGET TO CHANGE YOUR LIFE

[@muhammadsiddique4486]

Cool and interesting

[@matl09111981]

1/2 of it is bull like wall street!!! I have 51 unites it work but it's lots of hours plus i use money from my busnisses to fix a lot of things. It all equals to 100 to 200 a door from there pay your privite investors. I do better because i use my own money. I will soon post a e-mail for questions. Not easy but if tou have the spark it will work!!!

[@jk4794]

Hey Miguel, Where do you have your 51 units?

[@manuelbaeza9396]

1:06:30

[@NoneofYabsnss]

No More Mentors!!! Just tools!!!

[@kidcitylynnwood6324]

Coldest in 20 years? What about global warming?

[@frankgrimes2991]

5 minutes into it and you're still babbling on about useless stuff nobody wants to hear. Stop wasting everyone's time and get to it.

[@ovidioarroyo7816]

Kiosaki turned out to be real wack job lately

[@e2sguy]

Ken sounds drunk in this interview