I enjoy your videos and admire you from afar. Thanks for the great content. I posted another comment in here. I hope to connect in the future. I would love to be in your shoes one day, developing properties, etc.
Your first million is a bitch. Second million is a snap. Advice from my rich uncle John who died and left me a paid for house in FL. Thank you Uncle John. You are so totally right Ken. Thanks Ken. You remind me of my rich Uncle John. He has passed on but a giant in my life. Uncle John was a "D" student in life. His father humiliated him. He became a millionaire by age 30 building houses and rentals in real estate working his ass off. All it takes is hard honest work and a long term plan. Make money. Be happy.
It’s amazing how much beliefs they teach us around money hold us back. How is nobody talking about 'Forbidden Laws of Wealth' by Victor Hayes, it really opens your eyes.
Great video Ken! Thanks for sharing the insider looks at these deals.. I wanted to ask how much was spent on architectural plans / building plans for this project?
Amazing content! So grateful to learn from you and Ross. I love both of your guys personality. Down to earth and humble even though wildly successful, it’s very refreshing.
I haven’t dove into this just yet as I am taking in all I can from the knowledge Ken is so kind to pass along for free!! God bless & thank you. I Will certainly advise once I complete my first purchase!
September 2018 rocked my family with the hurricane Florence. To lives and properties displaced we gave $45k. We also gave in 2020 COVID year. The "Treasure Principle" by Randy Alcorn helped my giving reason why getting $105k in two months is just evident of God's blessings on my household. God never faltered on his written and spoken promises over my household.
I’m a sophomore in college and I’m have been watching your videos since I graduated high school, Ken this is all truly inspiring. If there is anyone you recommend I speak to I would love your recommendations.
Fantastic video, and thank you for sharing it with the World. Your knowledge is priceless and sort of can not be bought. Invested in yes; possessed no.
Big Thanks Kenny And The Team for this amazing content and this amazing channel. I have been watching for years, been challenged by my shiney object syndrome! But yall keep me inspired for Real Estate and I feel now is the time to take action!! 2025 looks prosperous. I pray everyone succeeds !
You are young and smart for watching these guys..... I am 75 and been in the real estate business since 1972.. and these guys are sharing a WEALTH OF INFO.. for free..... take advantage... and keep you eyes open...
I agree 👍 with Jerry. I too have done well in rentals but I am more like Kens wife Danielle. But that nm is just me. You do what is best for you. Please be careful and think things through and don't be in a big hurry. I am 68 years old and started when I was 34. I am in the top 5%. It took me over thirty years of wise investing to get there. I plan to keep going for as long as I live. Find your niche. Be wary of fad real estate and don't follow the crowd. Real Estate is not for everyone. Your luck or niche might be in something else.
You might want to watch “one rental at a time”. My wife and I am engineers in SV, we converted our RSUs into real estate for the last 9 yrs without of state property. I have built to >100 doors of multi-family + some other small commercial properties. All managed by professional management company who know what they are doing. I have seen a lot of things in this journey; first burn one apartment unit in the first year, people pass away naturally in the unit, tenants get drunk & fired a shot in the unit….. Then there is on incident that the new neighbor tried to build a low income apartment and strike a water main and flooded 10 of my units of my 30 unit apartment building during 2020 COVID in July. Th key word is “cash flow positive” with debt service.
Hi Ken, you have vast knowledge and experience and can see the difference between you and other real estate investors. I have an architecture background with experience in ground up development. I just started a design build company and got my real estate license. I want to be a developer and real estate investor. I would love to be mentored by you later down the road. I have experience with telecom sites, self storage, residential, commercial Tis and have unique ideas as well that I would love to explore.
I don't know Ken I wouldn't have done that deal 60 million for 300 units. Doesn't meet my ROI standards especially in the Biden economy. Best of luck to you and your partners and I would be very curious to find out how things turned out with that project 5 years from now?
Tucson is where Grant Cardone bought his first Apartment Complex! Great Video Gentleman, lot's of lessons learned. Hopefully it cash flows! This story sounds like you picked up a Big Deal Card in the Cash Flow 101 and a Market Card on the 202 Board Game! 😂🎉
I am 73. I have two paid for rental units. I have a million dollar net worth. I own four pieces of real estate, a house, cabin, and two rentals. I have enough. I don't need 10,000 units unless I want a mega trophy young babe wife. My wife is nice, two kids, three grand children. I could lust for 10,000 units but for me, 2 units is enough. I have a $100,000 a year retirement income and I have enough. How much is enough? All of it. We strive for all of it and half the world is never enough. We need to be happy with "enough".
God bless and agreed. These guys never know when it’s enough. There is an imbalance of owners to renters. The world will be a better place. It half these companies had couple hundred units when you get 200s of thousands of units, it’s just never enough and then in the end you actually end up hurting the market and then you get in debt and that manipulates the overall value of these properties or over inflated by 50%
Yup !! When is it enough.. Well I will tell this if one doesn't keep purchasing then you owe the I and the R and the S !! Get it He has to because of the multimillions in loans and etc etc. You buy till you die . The IRS says pay me x amout let's say 15 million in Tax OR go spend 80 million in New debt . He has to purchase there's no way out now !! It's real estate Trap ... Sir you are 100% correct enough is enough 😉
I understand that your job is to tell us about something worthwhile. But you should really talk about Cryptonica. I'm making $300 a day there, and it’s so easy. I really want you to make a video about Cryptonica, bro
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 Grace Miller.
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.
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 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
The music is jarring at times and annoying the rest of the time. When they got rid of the music towards the end I was relieved. PLEASE, find a new video editor, because this one has no clue what he/she is doing. And what's with the ending music that sounds like it's from a horror film and the transition to Ken's last final words are abruptly cut short. Poor editing, but the content was valuable, thank you.
Happy for you Ken, but this video absolutely did not help me. actually quite the opposite. I have no safety net. I'm 30yr old. I have roughly $600k. I have no idea what to do with the money, but park it in a money market account and earn a measly (taxed) 5%. I just got quoted an interest rate of 7% for $1.3mil loan for some townhouses and the returns would've destroyed me and my family if i had went through with it. I have no hope right now of ever being "rich". The "american dream" for anyone who missed out on the 08 crash rebound seems unobtainable, this video reminded me i don't stand a chance against smart money like you guys.
I'll be blunt. The problem isn’t the market-it’s you. Sitting on $600k in a MMA and saying there hasn't been a chance since 2008..there have been endless buying opportunities in real estate. If you didn’t take advantage, that’s on you. Here’s the truth: the American Dream is still alive for those willing to hustle and adapt. Rates at 7%? That’s not a death sentence-it’s a hurdle. Instead of feeling sorry for yourself and coming up with baseless excuses find smaller, cash-flowing deals that work in today’s environment. Start small, learn the game, and grow. Saying there's no hope after a $1.7 mil dollar townhouse package deal didn't work is straight up silly. The smart money you’re bitter about? They took action when you didn’t. Snap out of it.
Hes not that kind of person. I met him at a conference and wanted to join the collective he's a part of, which was really pricy (35k a year) to hopefully learn faster and expand into real estate. He listened to my story and suggested I was not ready yet! He gave me some tips on how to move forward and be a good fit someday if I still need it. I personally have a lot of respect for him! It gave me the confidence that I was heading in the right direction, and hopefully, I can pay that back someday! Most people at these things don't give you a second of their time, and he did
If you enjoyed this video please share it!
8% preferred when stabilized or at 70% occupancy ?
Can I call you?
I enjoy your videos and admire you from afar. Thanks for the great content. I posted another comment in here. I hope to connect in the future. I would love to be in your shoes one day, developing properties, etc.
Way to much OVER EDITING!!! ITS ANNOYING!...... I CAN NOT FOCUS ON WATCHING THE VIDEO
Music is too loud, otherwise great information
Your first million is a bitch. Second million is a snap. Advice from my rich uncle John who died and left me a paid for house in FL. Thank you Uncle John. You are so totally right Ken. Thanks Ken. You remind me of my rich Uncle John. He has passed on but a giant in my life. Uncle John was a "D" student in life. His father humiliated him. He became a millionaire by age 30 building houses and rentals in real estate working his ass off. All it takes is hard honest work and a long term plan. Make money. Be happy.
It’s amazing how much beliefs they teach us around money hold us back. How is nobody talking about 'Forbidden Laws of Wealth' by Victor Hayes, it really opens your eyes.
Thanks for sharing
The music is tireing and annoying. Gets in the way of the good content.
I couldn’t watch it all the way through because of the music.
Are you trying to learn from the guys and be a smarter investor or are you focused on listening to music....
Yall have ADHD and lack focus. I got this playing in the background as I clean around my house.
@@bonips9681isn’t it amazing what keeps people from getting rich 🤷♂️
Best Realestate Show on You Tube!
Great video Ken! Thanks for sharing the insider looks at these deals.. I wanted to ask how much was spent on architectural plans / building plans for this project?
Ken, thank you, appreciate the videos and consistency
Amazing content! So grateful to learn from you and Ross. I love both of your guys personality. Down to earth and humble even though wildly successful, it’s very refreshing.
Great Job......... thanks for sharing......
I haven’t dove into this just yet as I am taking in all I can from the knowledge Ken is so kind to pass along for free!! God bless & thank you. I Will certainly advise once I complete my first purchase!
September 2018 rocked my family with the hurricane Florence. To lives and properties displaced we gave $45k. We also gave in 2020 COVID year. The "Treasure Principle" by Randy Alcorn helped my giving reason why getting $105k in two months is just evident of God's blessings on my household. God never faltered on his written and spoken promises over my household.
I’m a sophomore in college and I’m have been watching your videos since I graduated high school, Ken this is all truly inspiring. If there is anyone you recommend I speak to I would love your recommendations.
Fantastic video, and thank you for sharing it with the World. Your knowledge is priceless and sort of can not be bought. Invested in yes; possessed no.
When I saw that flood plan improvement I thought, that’s a sweet skateboarding spot! 😂
Big Thanks Kenny And The Team for this amazing content and this amazing channel. I have been watching for years, been challenged by my shiney object syndrome! But yall keep me inspired for Real Estate and I feel now is the time to take action!! 2025 looks prosperous. I pray everyone succeeds !
Wow ,, amazing learning video this is. Thank you for sharing.
I love your videos I’m 18 and reading your books now! Ive already had conversations with brokers and im on the search for a property!
You are young and smart for watching these guys..... I am 75 and been in the real estate business since 1972.. and these guys are sharing a WEALTH OF INFO.. for free..... take advantage... and keep you eyes open...
I agree 👍 with Jerry.
I too have done well in rentals but I am more like Kens wife Danielle.
But that nm is just me. You do what is best for you.
Please be careful and think things through and don't be in a big hurry.
I am 68 years old and started when I was 34.
I am in the top 5%. It took me over thirty years of wise investing to get there.
I plan to keep going for as long as I live.
Find your niche.
Be wary of fad real estate and don't follow the crowd.
Real Estate is not for everyone. Your luck or niche might be in something else.
You might want to watch “one rental at a time”.
My wife and I am engineers in SV, we converted our RSUs into real estate for the last 9 yrs without of state property. I have built to >100 doors of multi-family + some other small commercial properties. All managed by professional management company who know what they are doing. I have seen a lot of things in this journey; first burn one apartment unit in the first year, people pass away naturally in the unit, tenants get drunk & fired a shot in the unit…..
Then there is on incident that the new neighbor tried to build a low income apartment and strike a water main and flooded 10 of my units of my 30 unit apartment building during 2020 COVID in July.
Th key word is “cash flow positive” with debt service.
Hi Ken, you have vast knowledge and experience and can see the difference between you and other real estate investors. I have an architecture background with experience in ground up development. I just started a design build company and got my real estate license. I want to be a developer and real estate investor. I would love to be mentored by you later down the road. I have experience with telecom sites, self storage, residential, commercial Tis and have unique ideas as well that I would love to explore.
Wow what a load of great info!
Thank you! This was very informative!
Congratulations on your new property!
Thank you Ken 'Let me show you how it's done' McElroy. Dropping more nuggets than McDonald's!
What a beautiful video. Amazing job to detail good transparency etc
Those are some nice digs bro!
I don't know Ken I wouldn't have done that deal 60 million for 300 units. Doesn't meet my ROI standards especially in the Biden economy. Best of luck to you and your partners and I would be very curious to find out how things turned out with that project 5 years from now?
I like Ross! He’s a smart guy. I really enjoyed this one.
Great presentation!
Very helpful Thank you for sharing this
Tucson is where Grant Cardone bought his first Apartment Complex! Great Video Gentleman, lot's of lessons learned. Hopefully it cash flows! This story sounds like you picked up a Big Deal Card in the Cash Flow 101 and a Market Card on the 202 Board Game! 😂🎉
I am 73. I have two paid for rental units. I have a million dollar net worth. I own four pieces of real estate, a house, cabin, and two rentals. I have enough. I don't need 10,000 units unless I want a mega trophy young babe wife. My wife is nice, two kids, three grand children. I could lust for 10,000 units but for me, 2 units is enough. I have a $100,000 a year retirement income and I have enough. How much is enough? All of it. We strive for all of it and half the world is never enough. We need to be happy with "enough".
What do you do for a living?
100k annual is pretty good!👏🏼👍🏻
You are absolutely correct sir. Compliment to you!
I’m 51 and I live in nyc , it’s expensive as other cities. I have a few units and I believe you’re right it’s Enough.
God bless and agreed. These guys never know when it’s enough. There is an imbalance of owners to renters. The world will be a better place. It half these companies had couple hundred units when you get 200s of thousands of units, it’s just never enough and then in the end you actually end up hurting the market and then you get in debt and that manipulates the overall value of these properties or over inflated by 50%
Yup !! When is it enough.. Well I will tell this if one doesn't keep purchasing then you owe the
I and the R and the S !! Get it
He has to because of the multimillions in loans and etc etc.
You buy till you die . The IRS says pay me x amout let's say 15 million in Tax OR go spend 80 million in New debt . He has to purchase there's no way out now !!
It's real estate Trap ...
Sir you are 100% correct enough is enough 😉
Very inspiring true OG’s game recognize
Great video. Thank you.
Great video, thank you for sharing this
Great video. Would be better with less background music to hear the speakers.
Nice property fellas!
I understand that your job is to tell us about something worthwhile. But you should really talk about Cryptonica. I'm making $300 a day there, and it’s so easy. I really want you to make a video about Cryptonica, bro
I’ve learned so much from Ken over the years, I love everything he puts out, but the background music in these videos is horrendous😢
Thank you
How can you get long term financing at 0.5% above federal funds rate?
At that cost per door can you get the rents up 2 - 300 a door?
That’s what saved us
How do they get a seller to agree to a three year escrow
No other buyers because of the flood plain issue. These guys fixed it.
Moral of the video! Now is not the time to start!!
“You can’t do it, it we could when we were in our 40’s”
"Building wealth is like climbing a mountain; investing is the steady ascent, retirement is the summit."
Great analogy! Climbing toward retirement takes effort, but the financial freedom at the top is worth it.
Great insight! I'd love to meet a financial adviser who can help me climb the financial ladder effectively.
Great point, With my adviser’s help, I’ve climbed the financial ladder, making informed decisions that support my retirement goals.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.
Thank you for this amazing tip. I just looked the name up and wrote her.
The volume of the music in the background is too loud
A flood zone..in Tucson Arizona?
There is a flood zone in Egypt near Nile River too
@@benny871What river runs through Tucson
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 Grace Miller.
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 $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.
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 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
The music is jarring at times and annoying the rest of the time. When they got rid of the music towards the end I was relieved. PLEASE, find a new video editor, because this one has no clue what he/she is doing. And what's with the ending music that sounds like it's from a horror film and the transition to Ken's last final words are abruptly cut short. Poor editing, but the content was valuable, thank you.
Annoying music
Thank you!
👍
You mean it's not as easy to manage 300 apartment complex as that guy on the radio says? :)
Music during video is annoying
OMG background NOISE!! What is that NOISE!!!??? Not angel noise...just annoying.
Stop with the OVER EDITING!!! IT'S ANNOYING!!
The music was too much. Stopped watching
Lose the background music. Who thought that was a good idea? You can barely hear the voices.
Happy for you Ken, but this video absolutely did not help me. actually quite the opposite. I have no safety net. I'm 30yr old. I have roughly $600k. I have no idea what to do with the money, but park it in a money market account and earn a measly (taxed) 5%. I just got quoted an interest rate of 7% for $1.3mil loan for some townhouses and the returns would've destroyed me and my family if i had went through with it. I have no hope right now of ever being "rich". The "american dream" for anyone who missed out on the 08 crash rebound seems unobtainable, this video reminded me i don't stand a chance against smart money like you guys.
I'll be blunt. The problem isn’t the market-it’s you. Sitting on $600k in a MMA and saying there hasn't been a chance since 2008..there have been endless buying opportunities in real estate. If you didn’t take advantage, that’s on you.
Here’s the truth: the American Dream is still alive for those willing to hustle and adapt. Rates at 7%? That’s not a death sentence-it’s a hurdle. Instead of feeling sorry for yourself and coming up with baseless excuses find smaller, cash-flowing deals that work in today’s environment. Start small, learn the game, and grow. Saying there's no hope after a $1.7 mil dollar townhouse package deal didn't work is straight up silly. The smart money you’re bitter about? They took action when you didn’t.
Snap out of it.
Annoying meditation music, especially if English is your second language, and need to pay more attention
Did not learn anything new.
Only how great you’re.
100% BS
I wish they would grow food on that land
I just farted and it stinks
Scamer just want to buy his course 😢
Hes not that kind of person. I met him at a conference and wanted to join the collective he's a part of, which was really pricy (35k a year) to hopefully learn faster and expand into real estate. He listened to my story and suggested I was not ready yet! He gave me some tips on how to move forward and be a good fit someday if I still need it. I personally have a lot of respect for him! It gave me the confidence that I was heading in the right direction, and hopefully, I can pay that back someday! Most people at these things don't give you a second of their time, and he did
You two sound the same n
I think they are using some sort of AI voice filter
Great information - thank you for sharing.