25: Ken McElroy | Rich Dad Advisor for Real Estate | Real Estate Strategies with Ken McElroy

#25: There aren't many famous real estate investors. There's Barbara Corcoran, Donald Trump, Ted Turner, and today's guest…Ken McElroy. Listen to this week's show and learn: 02:00  Keith cannot think of a greater contributor to real estate investing education this generation than Ken McElroy. 04:04  Last month, Robert Kiyosaki, Ken, and Keith were in the same room when Robert dubbed Ken McElroy "The Greatest Real Estate Investor In The World Today." 05:08  Ken began in real estate as a Seattle property manager. 08:12  RE agents often don't own investment real estate and they try to "sell buyers on the future." Instead, use a Property Manager to find what rents really will be.   11:30  Buy investment real estate for cash flow rather than capital gains. 13:23  "Real estate is really dumb and it moves slow." Buy where the jobs are going to be. 15:40  How Ken looks for opportunity in a new purchase. 16:50  When Ken would want to buy a vacant four-plex rather than an occupied one. 20:18  Actionable ways to add value to multifamily properties. 25:30  How large of a property does it take for on-site property management to make sense? 27:47  How Ken beats out other offers for a property that he wants to buy. 31:28  The time and freedom that real estate investing affords Ken's family. 32:46  The advice that today's Ken McElroy would provide to a 20-year-old Ken McElroy.   Resources mentioned: www.KenFlix.com - Online video tutorials from Ken! www.KenMcElroy.com www.MCCompanies.com Ken McElroy's top-selling book The ABCs of Real Estate Investing Robert Kiyosaki's new book Second Chance Get any free Audible audiobook & 30-day free trial  Join the Facebook Page Now on Twitter!  New: you can listen to us on SoundCloud!