How to Find Cash Flow Positive Properties in Minutes

  Рет қаралды 319,896

Ken McElroy

Ken McElroy

4 жыл бұрын

In this video Ken walks through the though process and steps that he uses to quickly identify cash flow positive properties. Using Zillow and some quick calculations, Ken helps you to formulate a plan to both locate and formulate a plan to get started with your first rental property.
Be sure to click the bell to be notified as soon as I post the next video in the series.
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For locating investment properties:
➤ What is Driving for Dollars? Driving for dollars is a more direct approach to finding wholesale properties than simply sending out emails to inboxes or letters in the mail. It’s the term used when you drive around a neighborhood that you think could house future wholesale deals, then document distressed properties to create unique lead lists. Oftentimes, it can be more profitable than other techniques. Ken’s fans instantly get $15 in credits with promo code KenDM!
dealmachine.app.link/kendm
• • •

Ken's Social Media
Instagram: goo.gl/i7BjZd
Facebook: goo.gl/TpbH2S
Twitter: goo.gl/sDsgUA
LinkedIn: goo.gl/Zs1398

Ken's Books:
ABC's of Real Estate Investing: goo.gl/ze5RzL
The Advanced Guide to Real Estate Investing: goo.gl/5sQ1SS
ABC's of Property Management: goo.gl/hjUUah
The Sleeping Giant: goo.gl/iZZalj

Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and most recently his book on entrepreneurship: The Sleeping Giant. Ken is a Rich Dad Advisor.
Ken's company: www.MCCompanies.com

If you are interested in this topic you can find more information out at the links below.

Пікірлер: 507
@rejpipeschimneysweepservic6624
@rejpipeschimneysweepservic6624 4 жыл бұрын
It's nice to see real estate advice without trying to sell a course
@enriquegonzalezortegariver4181
@enriquegonzalezortegariver4181 4 жыл бұрын
Yes, Ken is a professional. He doesn´t sell, he allows you to foster the desire to buy.
@CompanyBusinessCards
@CompanyBusinessCards 4 жыл бұрын
That's why I stopped watching Grant Cardone
@frankcarpentieri6080
@frankcarpentieri6080 4 жыл бұрын
Yes it Is
@LYSASTUDIES
@LYSASTUDIES 3 жыл бұрын
Me too, I guess kuz this one is truly
@anh7807
@anh7807 3 жыл бұрын
The ones who get most of their income from selling classes and youtube are entertainers, not true successful realtors.
@wangqingyue5690
@wangqingyue5690 3 жыл бұрын
This guy got enough money that he is happy to share his knowledge with people. Great videos!
@4homemail
@4homemail 3 жыл бұрын
There are a lot of people with money and do not share.
@joshuadolan3811
@joshuadolan3811 2 жыл бұрын
I think he truly enjoys making these vids! He’s probably completely unaware how “relatable” he is…kinda like the rise of Joe Rogan.
@stevejava4336
@stevejava4336 2 жыл бұрын
You are a good teacher. (Instructor) This coming from a guy who hated 95% of his public school teachers.
@grandmasshow3528
@grandmasshow3528 4 жыл бұрын
Nice, my son did this in his 20s, now he is retired at 45 sitting back and collecting income on 11 rentals...4 are paid off....i guess he learned a little something from his mama being in Properly Management...lol.. love your videos Ken. You make it look easy.😊
@mauromartinez3091
@mauromartinez3091 4 жыл бұрын
Good For Him.😉 Did the same..
@frankyre8521
@frankyre8521 4 жыл бұрын
You should ask your son to make a video on how he did it !! I would definitely watch
@CeeTee469
@CeeTee469 3 жыл бұрын
Nice. Ive never thought about getting into it but now im considering. I have the equivalent of 1 000 us in 2 accounts. Gotta see what is the next step.
@loveistheantedote1811
@loveistheantedote1811 3 жыл бұрын
All your son has is better comforts than the majority. He will NEVER own a single brick of any of those properties once the mortgage is paid. Why? Because you as his mother, gave him away/sold him into perpetual slavery to the Crown/state/vatican via the fraud b earth certificate. Anyone who accepts the NEW name given by the Gov, which is not the same calling he was given when born, will ONLY ever own NOTHING. FACT.
@Ymcdaj
@Ymcdaj 3 жыл бұрын
Love istheantedote your name is love is the antidote. You failed to realize you needn’t help others before your heal yourself
@Mondosol
@Mondosol 3 жыл бұрын
Ken McElroy is the man. I've taken all of Ken's advice. I've jumped out my comfort zone and now I'm on target to make a million. I've even created a KZbin channel to follow my progress. I would love some support and feedback.
@melanie-rembrandt
@melanie-rembrandt 4 жыл бұрын
Thanks for the great information, Ken! As usual, you get right to the point with simple tips and valuable insights anyone can use right away!
@W2Capitalist
@W2Capitalist 3 жыл бұрын
Always enjoy your level headed approach to education. Thank you Ken!
@RobertRascon87
@RobertRascon87 4 жыл бұрын
First video of yours I’ve seen and I’m not disappointed. Thank you Ken!
@ianthesiow3013
@ianthesiow3013 4 жыл бұрын
Learnt so much from Ken... This is "giving"... Thank you and appreciate. Cheers.
@VitaKoreneva
@VitaKoreneva 3 жыл бұрын
The clarity and the easy to follow breakdown of your process is priceless, thank you!
@janebarnsley5784
@janebarnsley5784 4 жыл бұрын
Pure gold Ken! You make it sound so doable. Thank-you for showing me how.
@costaricap7122
@costaricap7122 3 жыл бұрын
I can’t believe I found the guy to learn from! Ken, you’re going to be my go to guy from now on. Thanks a lot for a meaningful information!
@SchnazzyVideo
@SchnazzyVideo 4 жыл бұрын
Great video. Always learn something from them. IMHO this house needed $6-8k of fixes (floor, wall, slider, yard, etc.). It sold for $90k so either they were really needing to sell or the inspection uncovered even more like foundation, sewer, mechanicals, roof. The $499 is based on owner occupied with 20% plus down and 740+ mid score. You won't get a 3.4% rate as unoccupied rental. It's probably $40 more and landlord with good liability coverage will also be more. Not sure in AZ but maybe $20-30? A PM will likely be $120 on this house. So cash flow would be $320 on a down of $22k, $5k for prepaids/closing/taxes, and lets say $7k to fix. Thats an 11.2% cash on cash for your yearly income after expense vs what you paid to buy it. Not bad. Note the house sold for $90k so it'd be even better. I'd worry about vacancies here.
@joshuatoa8150
@joshuatoa8150 3 жыл бұрын
You did your homework! I noticed that his 27% sounded too high. Who do you follow in KZbin?
@gfook2929
@gfook2929 3 жыл бұрын
Thank you. That helped.
@VictorDozalTutorials
@VictorDozalTutorials 3 жыл бұрын
Yep. His 27% cash on cash is absolutely ridiculous. It's a good example to show people how to go about it, but this advice is one of the things that had me scratching my head wondering what the heck I was doing wrong when I started in my real estate investing journey. Not only does one need to consider the cost of the repairs in order to get it rented, but also the neighborhood. If this property is in a crappy neighborhood (it kinda looks like it), then the chances of getting renters who will trash your property is even greater and at that point your cash flow will be gone as soon as they move out and you need to rehab the property all over again.
@staceyquinn9484
@staceyquinn9484 3 жыл бұрын
Newby here. I was told if you buy a rental and own a home your income needs to be enough to qualify for both mortgages excluding the rent you are collecting. So how do you get a loan?
@klearximidis
@klearximidis 2 жыл бұрын
Ken you are amazing. Simple steps and not extremely long videos. Keep it up!
@keirdoubas
@keirdoubas 3 жыл бұрын
You're a living legend Ken. love this video, thanks for making it.
@douglasderainville766
@douglasderainville766 4 жыл бұрын
Thank you for walking the talk Ken,look forward for the next great talk.!!!
@philmaz14
@philmaz14 4 жыл бұрын
Love your videos, Ken. Very honest and clear. No hype.
@yrorellana6696
@yrorellana6696 4 жыл бұрын
Thanks ken! i've read your books on the rich Dad series and these videos ....it's the GIVE that keeps on giving!!!!!!!
@melodeelucido1446
@melodeelucido1446 4 жыл бұрын
You are so fun. I love your enthusiasm for this fun biz. Thank you
@TubeBoobforyou
@TubeBoobforyou 4 жыл бұрын
Ken is awesome, I purchased his first book and follow him regularly now bc he actually gives some solid advice without trying to sell me a service or product. I've bought several properties recently and they all cash flow well following his principles. One thought that has remained with me. Fall in love with the numbers, not the property. Real Estate can be an emotional business at times.
@yonmoore
@yonmoore 3 жыл бұрын
That's a great quote and I have experienced falling in love with the numbers. It's pretty emotional!
@najmurray1018
@najmurray1018 4 жыл бұрын
Some of the most simple and easy-to-understand videos on Real Estate that I have seen on here. Thanks so much! Definitely earned a new subscriber with this.
@sardoreshmuminov4026
@sardoreshmuminov4026 2 жыл бұрын
Thank you so much Kenny, love your work, simple and clear. Appreciate it
@Frankiep72
@Frankiep72 3 жыл бұрын
Ken is dropping gems here left and right! Awesome video!!
@mannylopez7492
@mannylopez7492 3 жыл бұрын
You're a true Mentor Ken. Thanks for such great content!
@puba5000
@puba5000 Жыл бұрын
This was the best video I have watched on this topic thus far. Thank you, Ken!
@liliana-dh3mw
@liliana-dh3mw 3 жыл бұрын
The best and useful video that I have found out. You just answer all my questions, Thank you
@mark-7362
@mark-7362 4 жыл бұрын
YOUR BEST VIDEO TO DATE ! The reasons for that are tangible examples of what you are teaching. You are approaching it from a beginning investors mindset and questions. Great job Ken !!
@ScuderiaSaucedo
@ScuderiaSaucedo 4 жыл бұрын
Thank you Ken..please keep producing your excellent content..🤙🏽🤙🏽
@foconadieta
@foconadieta Жыл бұрын
This guy is changing my life. Thank you Ken.
@harishg7014
@harishg7014 3 жыл бұрын
This is the video I’m looking for. Thank you so much. Great knowledge in this short video.
@enriquegonzalezortegariver4181
@enriquegonzalezortegariver4181 4 жыл бұрын
Great super microcourse on syndication and how to achieve finantial independence starting with 0 money, hustle, hustle, hustle with intelligence (not brute force action). Your enthusiasm is contagious (oops, bad word in these pandemic times, sorry). Have a great good day! Thank so much!
@dedriccarroll2
@dedriccarroll2 3 жыл бұрын
Can't wait to click on these videos! So informative!! Thank you so much!!
@joesmith-vk1nx
@joesmith-vk1nx 3 жыл бұрын
I'm probably going to have to re-watch this about 5 times but I'm going to do it because this guy is genius and this kind of stuff is what this general contractor needs just to get into my first home let alone a rental home. Thank you ken.
@YuluJam
@YuluJam 3 жыл бұрын
Great video, easy to understand and he gives you everything you need to get into real estate. Keep the videos coming 😃
@riseyourvibration9669
@riseyourvibration9669 3 жыл бұрын
Ken, please make more videos of this kind. This is amazing!
@londonshappiestbusdriver462
@londonshappiestbusdriver462 4 жыл бұрын
@KenMcElroy, thank you for this simple yet powerful explanation. Simple because even I understood what you were teaching. Thank you.
@richruelas
@richruelas 4 жыл бұрын
Great and to the point. Thanks for putting this out Ken!
@shawnthiede334
@shawnthiede334 2 жыл бұрын
Graduating school early at the age of 21 in the fall. Cant wait to get into this stuff. Getting ready to start a career as a construction project manager. Just Finished reading your 2 books on real estate investing and am rereading them currently. Cant wait to do this on the side and build financial freedom over the course of my 20’s! Nothing but the utmost respect for you and Robert. You guys mean a lot to me for supplying this valuable info to the little guys trying to get their foot in the door. Thanks!
@anonymousubiquitous3295
@anonymousubiquitous3295 4 жыл бұрын
Excellent way to start a first property. Thanks Ken
@susankrause3079
@susankrause3079 4 жыл бұрын
Ken! I get such a kick out of your videos and may I just say, I soooo appreciate you not trying to sell a course. (That said if you were selling a course I would likely sign up as I have grown very confident that you are the real deal.) Please keep it up, I look forward to your videos each week.
@danarobinson6156
@danarobinson6156 4 жыл бұрын
Thanks for the great content Ken. Great approach to real estate investing. So many people miss these valuable points.
@Linzaybabyguac
@Linzaybabyguac 3 жыл бұрын
First ever video I’m watching of yours, love ur energy and love the content!! Good job!
@KenMcElroy
@KenMcElroy 3 жыл бұрын
Thanks so much for watching! I'm glad you got some value from it.
@rentospropertymanagementso4895
@rentospropertymanagementso4895 3 жыл бұрын
Great advice. Thank you for sharing your knowledge. This really helps.
@erikam8860
@erikam8860 4 жыл бұрын
Kenny, you are my real estate hero!
@michaelcharette8708
@michaelcharette8708 3 жыл бұрын
You’re the best. Definitely a fan of your step by step maps to success
@thesofullsfamily3591
@thesofullsfamily3591 4 жыл бұрын
Thank you so much. This is great information. I'm so motivated.
@olgajimenez3713
@olgajimenez3713 2 жыл бұрын
Thanks for sharing your knowledge, fantastic video, more of this, please.
@joselenindawal
@joselenindawal 3 жыл бұрын
You are a great guy Ken! Thank you.
@mbhaider10
@mbhaider10 2 жыл бұрын
It would be nice to work with a guy like this and learn from his knowledge and experience. He is already sharing his knowledge through videos though, not like some other people who will just scare you and ask you to take their course if they want to learn anything to save themselves financially. Thank you Ken!
@okonkwocyprian9606
@okonkwocyprian9606 2 жыл бұрын
Thanks Ken, I really find a great value in the video,keep up
@lubosimaboshe
@lubosimaboshe 4 жыл бұрын
Wow!!! This is awesome thanks Ken..that gap is the key
@anarchoflow
@anarchoflow 2 жыл бұрын
Thanks Ken. All about the cash flow.
@kehindeolaniyi7211
@kehindeolaniyi7211 4 жыл бұрын
Ken, Many thanks for this. Bravo!!
@paulbiniasz2278
@paulbiniasz2278 3 жыл бұрын
Thanks for sharing Ken! Great work!
@bigc3748
@bigc3748 4 жыл бұрын
Thanks for all your videos I rather learn from you that's been in this business for ever and has success, many people wont show the knowledge and I've always been one to pass on the knowledge to others, life is too short we only live once
@GeorgeWulfers_88
@GeorgeWulfers_88 3 жыл бұрын
Amazing! Thanks for the video I learned a lot and will probably watch it again. :) Loved it!
@griffjackson6862
@griffjackson6862 3 жыл бұрын
Thanks so much Ken. Wish I could find properties this cheap in DC, but know there are cash-flowers out there!
@TriangleTao
@TriangleTao 3 жыл бұрын
An actual video with practical advice.
@walisantana
@walisantana 3 жыл бұрын
Thank you Ken for what you doing
@gaelleangwafo5500
@gaelleangwafo5500 4 жыл бұрын
Very helpful. Thank you!!
@Suzy-nq2yc
@Suzy-nq2yc 3 жыл бұрын
Wow! Just found you on KZbin! Great information in a short amount of time! Thank you! New subscriber!
@look11223
@look11223 3 жыл бұрын
You Are such a very cool dude! it's so enjoyable than watching the other guy
@robertjohnston5772
@robertjohnston5772 4 жыл бұрын
Ken another fantastic video, I wish I had watched this 10 years ago I would be financially sorted by now, but I am taking all of this information and using it in 2021. Many thanks Robert
@louiskwaku8879
@louiskwaku8879 3 жыл бұрын
Not too late sir. Things happen when they are suppose to happen. Let's hope ths housing market cool down in 2021
@anthonyandrews7858
@anthonyandrews7858 3 жыл бұрын
THIS is an awesome headline - i hope the info is also awesome. TY
@ricardo_tomas
@ricardo_tomas Жыл бұрын
Great video and explanation as always!!
@phinehaselohim7111
@phinehaselohim7111 4 жыл бұрын
You are the man, Kenny!
@lannyhoover1625
@lannyhoover1625 3 жыл бұрын
Great presentation!! Thank you!!
@MrSkillz07
@MrSkillz07 4 жыл бұрын
Wow this was delivered so well.
@atama01
@atama01 4 жыл бұрын
you the MAN, Ken......THANKS
@AC-vp4ss
@AC-vp4ss 3 жыл бұрын
Thank you for this valuable information!
@7har
@7har 3 жыл бұрын
Very nice that Ben Mallah and Ken McElroy, show lots of things in real estate without the bs of a book or a course.
@peggymoore9923
@peggymoore9923 3 жыл бұрын
Thank you for teaching the how to!!
@elric8625
@elric8625 4 жыл бұрын
Hi Ken :) I follow you on every platform! Was so stoked when you accepted my invite on LinkedIn, thank you so much as it served as a dose of encouragement! Love and best, from Canada, looking to "buy right"!!
@ethisrising7130
@ethisrising7130 4 жыл бұрын
Hey Ken great video. I love how you relate to the the properties which creates cashflow. I'm a conservative investor and it makes me feel at ease when my broker and I relate most of this and I tell him the worth of my investments with him, i work for the assets which are profitable and by so doing cash flows in. Thanks again it's a nice video.
@rubenchandrasekar
@rubenchandrasekar 4 жыл бұрын
Thank you for the great content! Could you do a more detailed video on how to structure a partnership/deal with an investor? Thank you!!
@jagerine
@jagerine 3 жыл бұрын
Or even how you go about finding people who want to give you money for this.
@mariarusnak9975
@mariarusnak9975 4 жыл бұрын
great info! thank you, Ken!
@DeArtTerminator
@DeArtTerminator 2 жыл бұрын
Omg thank you for this vid!!!
@joseorellano8423
@joseorellano8423 2 жыл бұрын
Awesome video thank you for sharing
@LifeCoach44
@LifeCoach44 4 жыл бұрын
Most valuable information - look in Superior, AZ
@juanitamccord639
@juanitamccord639 3 жыл бұрын
Thank you for the video, great info! I feel more confident finding my first investment property after watching this. I been looking for a RE mentor and I think I just found him!😊
@henriettecamara325
@henriettecamara325 4 жыл бұрын
I love it , well done Ken
@theophilusahenkorahokyere993
@theophilusahenkorahokyere993 4 жыл бұрын
Great Teacher 🙏🙏🙏🙏🙏
@soumavoo
@soumavoo 3 жыл бұрын
Great video. Loved it!👍💚
@TuanNguyenVan-nq7ei
@TuanNguyenVan-nq7ei 3 жыл бұрын
I wanna watch this video all day
@oliviagonzalez4584
@oliviagonzalez4584 3 жыл бұрын
Love love Love it!
@simplemarketknowledge3958
@simplemarketknowledge3958 4 жыл бұрын
Great video Ken! I like your usual slow and steady videos where you let the viewer sink in the info! Also..is everything ok?! You have a black eye!?
@DayanaPlays
@DayanaPlays 4 жыл бұрын
Been waiting on this !
@Aye_Yo_E
@Aye_Yo_E 4 жыл бұрын
Maybe you & I could partner up
@friedfishsmellsgood1691
@friedfishsmellsgood1691 3 жыл бұрын
Wow this is really good! Thanks 🙏
@timsandman
@timsandman 4 жыл бұрын
Thank you Ken.
@febelynbernal7256
@febelynbernal7256 3 жыл бұрын
Thank you Ken
@mustardboy23
@mustardboy23 3 жыл бұрын
Very inspiring sir Ken thank u for sharing🙏🙏🙏God bless
@pablogaztelu4316
@pablogaztelu4316 4 жыл бұрын
You look so hyped today!! :D Great video
@bretlandis4425
@bretlandis4425 4 жыл бұрын
Awesome video Ken! Always appreciate the information you deliver. Currently reading your ABC's of real estate investing and loving it! Could you please make a video on obtaining the financing (loan) for commercial multifamily apartment complexes (16 units +)? I know it is contingent upon the properties NOI but would love to hear more detail about how I can obtain the loan, and what credentials I need for the bank to give me the loan. Thank you!
@farhadebrahimi1931
@farhadebrahimi1931 4 жыл бұрын
Very generous information
@frederickbarbarossa7750
@frederickbarbarossa7750 3 жыл бұрын
Great job 👍👍 Thanks a lot
@prestonmcgurk4772
@prestonmcgurk4772 3 жыл бұрын
Excellent advice Ken top man 👨👏
@Pradeep_Cool369
@Pradeep_Cool369 2 жыл бұрын
Great information. How to find the correct finance person.
@xiaojienan7891
@xiaojienan7891 3 жыл бұрын
Really smart and great advice!
@thejustman2861
@thejustman2861 4 жыл бұрын
Thank you Mike .
@marcoramirez1763
@marcoramirez1763 2 жыл бұрын
Thank you so much 👍👍.
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