In this interview, Eric Siu and real estate mogul Ken McElroy reveal the strategies behind successful property deals, smart cash flow management, and the art of leveraging debt. Ken shares how politics impact real estate, the power of YouTube for attracting investors, and why building wealth is about more than just money. Get ready for some powerful insights!
Watch the full interview here:
TIME-STAMPED SHOW NOTES:
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(0:00) Opening and Introductions
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(02:30) Debt Coverage and Managing Expenses
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(07:17) Recent Real Estate Deals and Cash Flow
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(12:05) Fixed Rate Debt and Value-Add Properties
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(19:23) Market Migration and Political Environment
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(21:41) Break-Even Points in Real Estate
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(25:59) The Purpose of a Business is to Buy Real Estate
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(32:33) Family Business and Raising Children
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(43:44) YouTube Channel and Investor Flow
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