The Best Real Estate You Never Knew Existed
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- Опубліковано 20 чер 2024
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Ken McElroy transformed an overlooked billboard into a lucrative source of passive income, generating $146,474. Learn the strategies and mindset shifts that helped me see hidden opportunities and achieve financial success in real estate.
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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.
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Thank you!
thank you Ken
I often wonder how top level investors are able to become millionaires by investing. Just made a home sale and I’ve been sitting on about $545K equity, not sure where to go from here. Is it a good time to buy into stocks or do I stay 100% cash?
the stock market this year is at an all time high and a good number of folks raking in huge 6 figure gains, tho such strategies are most times successfully executed by folks with in-depth market knowledge
True, despite having no prior investing knowledge, I got fully invested before the pandemic and pulled in a profit approximately $150k that same year. In reality, all I was doing was getting professional advice, and as of today, I'm only 10% shy of a million dollar pfl.
@@fromthebirchwood truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor... mind sharing info of this professional guiding you please?
Karen Lynne Chess is the advisor I use. Just google the name. You’d find necessary details to work with and set up an appointment.
thankfully googled Karen Lynne Chess and was able to schedule a call session via her consulting page, she seems very professional from her resumé with over two decades of experience
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Charlotte Miller.
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
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm new at this, please how can I reach her?
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
Pure genius Kenny👏👏👏
Amazing what you can do when you think outside the box and be creative 👏
Few things to subtract:
1. Two years of holding cost
2. Property taxes
3. Property buy and sale fees
4. Lawyer fees for easement
5. Billboard moving cost
260K capital and returns about ~25% in 5 years, not bad but ROI on other similar investments could have been simpler or even better.
What about the part where he makes $30,000 per year now passive income for free? That’s not 25%, that’s an infinite ROI.
What other investment? Can you share?
This is genius. Thanks for spilling the beans on this one!
Love this! ❤ See what other’s miss. Thanks for sharing.
@ken, why did you not move the billboard to the other corner? Why not billboard on each corner? Any plan to upgrade it to digital board? What would be the forecast with the digital billboard improvement?
Thanks! I love this idea!
Thanks Ken for the deal breakdown. Great to see what one can do if they are creative.
What are costs you have now per year moving forward with a little easement and billboard on it?
Any property taxes? Maintenance?
Smart !!🎉
What and where are these lists that I can get deals sent to my inbox?
Is there an ordinance that prevents another billboard from being too close or what’s stopping the new owners from putting up their own billboard and undercutting you?
great
How do you find a billboard management company that can help you renegotiate a lease you have that’s expired?
google billboard management company
Wow love this billboard deal!! Awesome work Ken 😊👍
I need some help.on a deal in Boerne TX.
Just pay $3,000 for the Limitless event, and I'm sure someone can help you.
yea, the previous owners were all dummies!! LMAO!!
Nice to have 300 grand to "play a game" with 😅
He started out poor and in credit card debt. Don't hate. 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
That’s not per year
No but he'll make $30k/year in perpetuity.