If you appreciate the effort we're putting into these videos and want to support the channel, share this with someone you think would benefit! It would really mean a lot. Thank you.

@AdityaMajumdar-vi1kt

4 ай бұрын

Bro, the truth is that the banks collect our money and then invests it, then the banks print the money and loan it out, and the us taxpayer pays intrest on the bank's debt

@kobartlett

4 ай бұрын

No. You might wanna go read a book on economics. The federal reserve is who Prints money​. This is an oversimplification, but you are completely incorrect.@@AdityaMajumdar-vi1kt

@vd.s6158

4 ай бұрын

George Gammon would disagree about money circulation you shown on the board.

@stefanesculiviu5230

4 ай бұрын

Hi Ken. What do you think will happen with the multifamily market when the gov will let us to depreciate only 20% of the value?.This year we can deduct 80%next year 60%, in 2025 will go down to 40% and the 20% is scheduled for 2026

@user-rd5qh6zx9d

4 ай бұрын

What board are you using? Love it.

Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.

@Joe.457

2 күн бұрын

If you lack knowledge about market investing tactics, get advice from a financial counselor.

@Donaldsmith109

2 күн бұрын

Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.

@Kimdavid109

2 күн бұрын

I could really use the expertise of this advsors.

@Donaldsmith109

2 күн бұрын

Her name is 'BONITA JEANETTE RODRIGUEZ’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@Kimdavid109

2 күн бұрын

Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.

@PhilipDunk

Ай бұрын

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market

@Nernst96

Ай бұрын

That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.

@PatrickLloyd-

Ай бұрын

i'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

@Nernst96

Ай бұрын

Vivian Carol Gioia is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

@PatrickLloyd-

Ай бұрын

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.

@StocksWolf752

3 ай бұрын

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money or you could hire a financial expert.

@EleanorBaker474

3 ай бұрын

Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and I return at least $30k ROI, and this does not include capital gain.

@StacieBMui

3 ай бұрын

Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

@EleanorBaker474

3 ай бұрын

I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Sonya lee Mitchell turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.

@crystalcassandra5597

20 күн бұрын

I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.

@JacquelinePerrira

Ай бұрын

These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If youre not ready for it, you shouldnt be in the market business. or get you a skilled practitioner.

@Jamessmith-12

Ай бұрын

That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!

@kevinmarten

Ай бұрын

Mind if I ask you to recommend this particular coach you using their service?

@Jamessmith-12

Ай бұрын

Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

@kevinmarten

Ай бұрын

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

Ken the LEGEND! Thank you sir

your the man Ken! Thanks for all the info you give out consistently.

Best information on real estate 🙏

I subscribed as a way to say ; you are qualified to be on my team . thanks for the advice

Amazing video, I'd like to add that it's not just about a middlemen, it's about trust and guarantees. The world is full of scammers. Banks do SOME due diligence to ensure the soundness of these investments.

Thank you for breaking this down so simple. Love what you’re doing Ken

Mahalo Ken for the words of wisdom!

Thanks for teaching Ken. You explain things very well in an easy to understand way. 👍🏻

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

@mikegarvey17

20 күн бұрын

Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .

@mariaguerrero08

20 күн бұрын

Exactly ! That's my major concern and what lucrative investment can one venture into with the current rise in economic downturn

@ThomasChai05

20 күн бұрын

In fact, I had no prior experience or understanding when I began investing in 2020, but by the end of 2023, I had made a profit of almost $850k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.

@diane.moore-

20 күн бұрын

@@ThomasChai05I'm actually considering it. It might be time to reassess my investment strategy. much more info needed please, what did you invest in?

@ThomasChai05

20 күн бұрын

Credits goes to " Gertrude Margaret Quinto " one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

I hope Ken keeps his integrity high. Everyone else gives a BS teaser and not enough info to act on. Then redirect to a paid course.

@kobartlett

4 ай бұрын

That’s because they can’t do it repeatedly. I remember the old saying I heard- those who can, do it. Those who can’t, teach.

I've been a fan of your insight since I read ABCs of real estate investing. Thnx

Thank you for all you do Mr. Ken

Great video!!!

Thanks for the great video ✨

Thanks for appearing online. 🙏

The current population of Main Street no longer has $100,000 in the bank. Their paycheck goes like this 30-40% Rent/Mortgage 10-15% Taxes 20% Medical 20% Transportation 10% Food. There isn’t anything left over to stay in the bank.

Thank you!

Excellent video Ken.

Thank You Sir!✌️

Great stuff, Ken! I like the way you simplify the process, so the average businessman or businesswoman can understand easily.

I teach this to my kids. Incorporated into their math to create charts based on each type. They are shocked that anyone would want to stay an employee. They're in grades 1 and 4. It's simple stuff if you can bring it into your understanding. Keep doing that to grow your understanding bubble and you'll be unstoppable, especially with direct info from the masters where it used to be you'd have to travel, work for free, a whole lot of work just to apprentice under people like this just to have the opportunity of getting this info.

Clickbait title and shorter videos, someone is finally learning ❤

@michaelstewart1838

3 күн бұрын

"Learning," or Capitalizing? What did he offer aside from selling per se his own checklist? I'll wait....... 🤔

Thanks Ken.

Ken's insights on the cash flow quadrant are spot on. Entrepreneurs should also consider leveraging credit lines strategically for investments, as they can be a powerful tool when used wisely to amplify growth, especially in real estate. Just remember to balance risk and have a solid exit strategy.

@thyslop1737

4 ай бұрын

Real Estate based on the fiat model of currency creation can be summed up in one word. LEVERAGE.

Priceless information

Thanks Ken 👍

2:33 "The money starts at main street. All of it." Exactly. If only Reagan understood this. I like his quote that you referenced though lol

This type of content is truly excellent as we are enjoying it from India and Bangladesh.

This is some sound money ideas! I quit working for the Union once I realized that pension was a joke and annuities were not that great!

I also ignored advice that would have made me a millionaire back in 2017. This actually happened to me twice. Now I'm finally more alert than back then, and am on track to becoming a millionaire by the end of 2025.

Tnx Ken

Great video Ken

Download the checklist Ken mentioned in the video at this link: kenmcelroy.com/multifamilyduediligence

Preach!! Rich dad. Poor dad

Thank you.

Let’s say I want to buy a duplex. What bank can I ask to borrow?

Thanks

Opportunity cost is a real cost and the biggest cost category for most of us. Lord knows I’ve lost a boat load of money by inaction and/or delayed action. Ken’s vids give me hope that it’s not too late!

@ColdCallSteve

2 ай бұрын

Did you take action ?

I am a new fan!

Agree 100%

I want the check list

So this is basically why one would want to leave the banks out of the deal and lend money directly from PML's/regular people. And also why it is more beneficial for these lenders to give their money to a real estate entrepreneur than to banks.

Do banks offer FHA for a first time home buyer ?

That why my mother told me to withdraw my checks and put it in a safe

What am I supposed to do with the 100k I have in savings then?

This is why I’ve invested in Vanguard index funds my entire life. Fees are minimal and the returns will make you wealthy. The simplest inflation beater of all time.

How?

so true

Is it better to use a bank or find investors.If it's investors what percent should I give them on the money they invest.

@vitech5631

4 ай бұрын

Banks don't lend easily & require too much, but some smaller or online only banks are very flexible. Must research and compare many lenders, who is willing, what interest, terms, etc. I have a private lender but he asks way too much 20% every 6 month

Thank you for the breakdown, but how do I get money for the I part? Also, if I get the money, how do I use it in the I part? If it is just buy multi-family houses for rent. I make $16/hr and my credit is not that good. I would love to buy and rent houses. How do I get the money for that? It takes me 4 months to save up $1,000. A $200,000 house would take me 67 years.

@AnimationOnly

4 ай бұрын

The first box means you have to work to save money first .(Employee) Then ,use that accumulated money and open a business for example you sell hotdogs and coffee in front of your house .(Self employed) You expand your hotdogs booth to 20-200 food trucks which is doing business for you(big business) example with 1million profits per day .(Big business). Finally you become investor .

Because every time you put money in the bank as a deposit, it is a liability for the bank because they owe interest

also look at the income tax structure, another elephant in the room to "slow down" one's capital appreciation...many self employed enjoys no tax withholding, allowing the money to grow during the 12 mos. When rates used to be 8-10%, imagine how much is made by accelerating loan principal pay downs...

can you go from E straight to I?

Initially you must rely on banks to finance most deals for you but as you become more savvy Ken is 100% correct! Once you have enough money in the bank to make you feel comfortable you begin to leverage banks for new (good debt) meaning performing assets! I’m 59 now and I have roughly 12 million in real estate assets. I started out with $275 dollars. You can so find those starter deals that people will owner finance just to unload! If the numbers work buy it!! Just want to say thanks to the late Carlton Sheets (the first tv real estate guru) for helping me with my dream of playing real monopoly🤑 It is real guys you can do this but it does take time and patience and yes there are risks! Good luck out there👍😁

What if the assets you purchase to beat inflation plummet in value? Ie commercial RE

@vitech5631

4 ай бұрын

1. You must find a way to have lenders or building the capital. 2. Buy properties at a low a price. Let the asset pay for the loan (renting or pull the equity using the bank if you stil can). 3. Read R. Kiosaki again & again, specially "Increase your Financial IQ". Follow his 4 fin.rules

@9xqspx6

2 ай бұрын

Ken says (in another video) that he only buys assets that cashflow. If your asset cashflows and you intend to hold it for a long time, you don't need to worry much about their market value.

Defi is the solution

Ken McElroy great TEACHER! I have a question. When I buy a property should i go in for a loan as myself or as a corporation?

@edl8248

2 ай бұрын

LLC if it’s a rental

@DannyC-je1mq

2 ай бұрын

@@edl8248 what if it’s a first time property? Do I purchase the house first or get the llc handled first and then go in for the buy ?

Great ❤

Loved every second of my watch to the very end. You are a great teacher. I’m 46 and own a small business with $380K in savings. But I'd still love to grow my investments ahead of retirement. Do you mentor others? Really need some guidance to financial freedom.

Can you just go from E straight to I?

Great info, no excuse here I’m a single mom of two. I been investing these past few years, it’ has helped me tremendous during this inflationary period. However now I am changing into real estate to keep accumulating assets. Thank you for a great video Ken! You’re amazing!

Where did he get that electronic whiteboard from?

@djooraTech

4 ай бұрын

Amazon

Don't be in a hurry to get in. The market needs several days of strong performance to signal that the downturn might be over; i think It's a time to be largely, if not entirely, in cash

Off topic here - Does anyone know what screen / tv he's using to draw on?

@vitech5631

4 ай бұрын

Buy from Walmart or other similar stores- school supplies department, regular plastic whiteboard for writing with an NON-PERMANENT marker + eraser.

@9xqspx6

2 ай бұрын

@@vitech5631 LOL, that is a large touch screen Ken is using.

Invest your money where they offer compounding interest, after ten years your capital will double if they offer 7%anualy

I am putting 13% into my 401k, which includes my company match of 5%. The rest of my money is going into a high interest savings account that I am using to save for a 25% down payment on an investment property. Is there a better way than just saving saving for an investment?

@9xqspx6

2 ай бұрын

You could already use your money to invest with someone who is doing real estate deals. Added benefit is that you could possibly learn from them at the same time. You need to be careful though and have a solid grip on your due diligence as there are some bad people out there.

❤❤❤

Be your own investor , people giving their money away by not just investing themselves , you get way higher returns , people with 410 ks telling me their only up 3-5 % in a bull market when they should be up 20-60%

❤

Ok what can i invest my money in the bank in

@9xqspx6

2 ай бұрын

Find someone who is doing real estate projects and lend your money to them. Make sure though that your money is secured with the real estate itself.

From $10K to $110K that's the minimum range of profit return every week I think it's not a bad one for me, now I have enough to pay bills and take care of my family.

@trevorjackson237

14 күн бұрын

Could you please explain how beginners like me can start making this much 😢

@humphrejackson9799

14 күн бұрын

Please how do I go about it, am still a newbie on investment trading and how can I make profit?

@johnnyfrancis3491

14 күн бұрын

All thanks to Mrs Bridget Denison..❤❤❤

@johnnyfrancis3491

14 күн бұрын

She's a licensed broker and FINRA AGENT here in the states.

@adrianharwood6855

14 күн бұрын

Yes!!! That's exactly her name (Bridget Denison) so many people have recommended highly about her and am I just starting with her from Brisbane Australia🇦🇺

So how did this cost you a billion dollars?

Not the most accurate advice. Every player in the industry can leverage each other and maximize profits. Its just understanding how to play the game. So main street can leverage the institutions to accummulate wealth just as how the institutions leverage them. So you can borrow from the bank to invest in icome producing assets and use the insurance companies to protect those assets from the government and debtors. Likewise you can borrow from your policies to invest in income producing assets at a lower interest rate. All these income producing assets give you more leverage to create more wealth by using the institutions. Its a network. Learn the game

@9xqspx6

2 ай бұрын

This was a 7-minute video, gave only the big picture info. There are obviously many layers to the game.

Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

No

Wait. Don’t people give you money and you charge them a fee? How is that different, unless you’re teaching people how to do it themselves but still you have a course? 😊

No it didn't

Rich Dad Poor Dad did this Script 20 years ago.

@9xqspx6

2 ай бұрын

Not much has changed in the financial world in the last 20 years...

you have the best videos but I wish u could give samples of how little guys can get going , what I would give to pick your brain for 20 minutes. how would you start with 50-100k?

@ameurus

4 ай бұрын

@Touchprofile864 fu!

Basically own a business that should not be so hard😂😢😊😮

4:20 *Inflation is as deadly as a hit man.*

@9xqspx6

2 ай бұрын

Says a president who - as a US president - is the most responsible for inflation itself... Welcome to the lies of politics.

Introductory economics, blah blah blah. Many provide this info, disappointing.

wow

Why do these videos? PITA if you are already set.

@9xqspx6

2 ай бұрын

I do believe that some of the good people, when they've made it, are driven to give back by sharing their knowledge. But you are absolutely right to be skeptical, it's useful.

@azdbuk

2 ай бұрын

Yeah, point taken. I still believe there are folks that want to do good, I hope I do not forget that. I guess the social media aspect is what is confusing, for me wealth would mean never having to check phone or computer, only if I wanted to. Peace. @@9xqspx6

We're nothing more than Wage slaves sir. 🤔😯😥

Dude is the literal nemesis of Dave Ramsey 🤣

wery well ... :D

We don’t want any added vices!!!!u r just a control freak

I'm trying to understand why a Billionaire is wasting their personal time making these videos for youtube, if I get to that point in life it will be the last thing that I do

You lost me at rich dad. Any reference to Robert Kiyosaki destroys credibility for me.

@larrynmariechretien228

4 ай бұрын

I got started with rich dad poor dad, thank you but, he is a Trump lover that does not resonate with me these days..

@kavanaroy3484

4 ай бұрын

Why may I ask? 🤔

@haroldrios4050

4 ай бұрын

@@kavanaroy3484 hope you’re doing well and thank you for the question. I prefer not to talk bad about Mr. Kiyosaki as I rather let people find out on their own and form their own opinions. But I can tell you that there are much better mentors out there. John Bogle, JL Collins just to name a couple. Those are real life super heroes. Read their books, get to know them and their stories and you might understand. Kiyosaki is a salesman and a motivational speaker. He has no financial expertise and provides no fundamentals. As a person, hmm that’s what I leave up to you to decide.

@haroldrios4050

4 ай бұрын

@@kavanaroy3484 I suggest you read John T. Reed's analysis of Robert T. Kiyosaki's book There are better mentors out there. John Bogle, JL Collins just to mention a couple. Those are real life super heroes in my opinion.

@kavanaroy3484

4 ай бұрын

@@haroldrios4050 I’ll definitely give it a read as this has me super curious

Still rich Dad poor Dad strategy?

I want the check list

I want the check list

I want the check list

I want the check list