The Lifestyle Investor - Investing, Passive Income, Wealth 061: Building a Billion Dollar Real Estate Empire with Ken McElroy
You don’t have to come from money to build wealth. If you can find a good deal, the money will follow. What you do need is a strong work ethic, solid relationships, and a willingness to put yourself out there!
Today, I’m speaking with Ken McElroy, who went from a broke college student managing an apartment building to becoming a business mogul who has transacted over $1 billion in real estate.
Ken was by no means an overnight success. In fact, he spent 8 years managing properties before he would own any of his own. But his determination to learn and ability to surround himself with the right people eventually paid off.
Ken has gone on to experience great success in the world of real estate. Not only is he a bestselling author and internationally recognized speaker, but he’s the real estate advisor to Robert Kiyosaki of The Rich Dad Company.
In this episode, Ken talks about his unbelievable journey and his steps to go from property manager to property owner. You’ll learn why “not having enough money” is a limiting belief that’s holding you back, why relationships are the key to success, and how to take advantage of life’s unexpected opportunities, so you can live the life of your dreams.
Here's just some of the things we get into:
- The story of how Ken went from managing an apartment building as a broke college student, to acquiring over $3B in real estate.
- The steps Ken took to raise money and secure a $9M multifamily deal as one of his first investments.
- Overcoming the limiting belief that you need money in order to make a deal happen.
- Why relationships are the foundation for success.
- How Ken developed an unexpected friendship with Robert Kiyosaki.
- The power of putting yourself out there—and how this mindset led Ken to working with Tony Robbins.
- Why the most rewarding part about making money is giving it away.
FREE Gift
Ken is giving away his e-book, 21 Keys to Real Estate Success, which outlines the top things he wish he would have known before he got started on his real estate investing journey.
To get access to this gift, visit JustinDonald.com/61.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/61
Get the Lifestyle Investor Book!
To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/book
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