CW 642 FBF – Ken McElroy – Hedging Against Inflation Real Estate Adviser to Robert Kiyosaki

Join Jason Hartman and MC Company Principal and Co-Partner, as well as the Real Estate Adviser of Robert Kiyosaki, Ken McElroy, in this insightful discussion about real estate investing, inflation, and the effect of today’s economy on the rental markets. Both Ken and Jason learned the power of leverage to hedge against inflation, and in this episode, they share their combined knowledge with the listeners. Ken feels that investing in real estate and watching the dollar, mortgage rates, and inflation are lifelong endeavors and it’s important to stay on top of those things. He also shares why he prefers apartments over residential investments, expressing it allows greater control over the financial outcome of the asset. Ken talks about the pent up demand of Gen Y’ers, who currently are forced to live at home due to scarcity of jobs, but who will eventually flow into the rental market if and when jobs are created and the economy begins to improve. Jason and Ken also share their similar knowledge regarding macro- and micro-markets, the importance of researching job markets, employment rates, population, schools, etc. “At the end of the day, it’s all about demographics,” Ken says. Ken McElroy has over 20 years of experience in multifamily asset/property management, development, project/construction management, investment analysis, acquisitions and dispositions, business development, and client relations. With his years of experience and knowledge, Ken has a unique property management perspective. Ken authored the best-selling book, The ABCs of Real Estate Investing; The Advanced Guide to Real Estate Investing; The ABC’s of Property Management; and his most recent book, The Sleeping Giant. Ken, as the Real Estate Advisor to The Rich Dad Company, has also co-authored with Robert Kiyosaki several audio programs, including “How to Increase the Income from Your Real Estate Investments;” “How to Get Your Banker to Say ‘Yes!’;” and “How to Find and Keep Good Tenants.” Ken is a chapter contributor in the newly released The Real Book of Real Estate. Ken is also a gifted speaker and has inspired audiences all over the world with appearances for several PBS specials and leading industry events. He hosts WS Radio’s weekly Entrepreneur Magazine’s Real Estate Radio program, interviewing experts in real estate, financial and legal arenas. Ken’s passion to educate others make these programs a favorite among listeners. Ken held several board positions, including President of Entrepreneurs’ Organization Arizona within Entrepreneurs’ Organization and Arizona’s Chapter of Entrepreneurs’ Organization, and is still an active member. He is active in the community and has served on advisory boards for Child Help and AZ Food Banks, where he conducted the largest food drive in the state of Arizona.