How to Invest in Real Estate with $5000 | 4 Questions that YOU asked

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Join Ken as he gives detailed answers to four questions on real estate investing.
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• • •
Check out some of our recommended products! Please note: These are our sponsors & advertisers, so if you use them, we will get compensated. There's no additional cost to you.
For your banking needs:
➤ Business Banking for Small Businesses and Freelancers
🏦 NorthOne - Open a business banking account in 3 mins and get $10:
apply.northone.com/ken
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
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Ken's Books:
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The Advanced Guide to Real Estate Investing: goo.gl/5sQ1SS
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The Sleeping Giant: goo.gl/iZZalj
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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

[@nitinkumar7329]

The best of the product is always low selling. The best of the best quality youtubers are always under subscribed and less watched. I am impressed what knowledge Ken provides.

[@williamr5779]

I appreciate you Kenny , I’m glad your speaking louder so I can hear you

[@sniceservices213]

First 4 minutes, says it all. Mind-blowing.

[@mcarmengomez2562]

Thank you for sharing your authentic knowledge and expertise!

[@calebanthony8927]

Hi Ken, have you ever done, or heard of, a deal where the sweat equity partner gets additional equity as they manage the property? Or some variation on that deal?

[@richarddudley1318]

Thanks Ken! Great info as always!

[@MrBrad-rf3gh]

Well said as always thank you .

[@Potatoroomr]

Starting from this video I’m going to leave comments on your videos you produce pure gold and I’m honestly glad many people aren’t subscribed to you because if everyone understood real estate with your style of investment strategy they would attack the markets like sharks

[@evrenkonak]

Hello..I ' ve just started to read your book written in 2004..Everything is explained so fluently and simple . When you know the method and have the true mindset..may be these are the same aspects...all you Ken=) do with success and ease...Briefly..Thanks a lot Mr. McElroy.

[@KenMcElroy]

I'm glad you are finding the book helpful and I hope it helps you on your journey!

[@FlipWithRick]

This is some great information Ken, I'm looking forward to watching more of your videos!

[@KenMcElroy]

Thanks for the comment Rick, and for watching the video. I'll be answering more questions in future videos.

[@MrSpecial12u]

Ken man the answers you provided to the questions were so on point! THANK YOU!!

[@KenMcElroy]

Thanks Andre! I'm glad to hear that you are finding value in the videos.

[@kennethrobinson7764]

I'm new to investing from North Florida. Thanks for the ULI information. I've read a few real estate books and none mentioned the urban land institute. I do have a question though. I have looked at quite a bit of your vids and was wondering, do your ABCs of real estate talk about the renovation process because on one of your vids you were basically saying you can do renovations every 5 years on a particular property, It was also talking about cash-flow and other investors going in on a property? I asked because I was considering getting your book. Each book I read brings something different so when I heard you explain that it kinda got me thinking..maybe your book could teach me that. I know about cap rates, ROI, NOI, Etc.. but I was just curious. If you tell me yes then I will def buy your book immediately.

[@DIYSTEM]

Hi! I have a question what to do after Covid 19? Recession depression. I would love your comments for real estate.

[@NicholasKon9]

exactly how is it work, good deal bad deal?, great info.

[@JavierHernandez-pj9rg]

Thanks ken Coming from San Antonio tx

[@KenMcElroy]

Glad you found the video useful Javier. Thanks for watching.

[@christopherbarker976]

Hi Ken thanks for all the tips I enjoy your videos Regards. Kit Barker

[@KenMcElroy]

Thanks so much Christopher! I'm glad you are getting value from them.

[@AboutAysha]

Super useful information! Agreed, chasing NOI is such a gray area. Are there any ratios that you believe are better to track to gauge success quickly and easily?

[@2027759]

Aysha Chaudhry - Property Investing I have the same question to Ken. Is 10% good or bad for example?

[@MetalBum]

These videos are fantastic. What are your thoughts on using rent income to buy some gold/silver like RK does?

[@bujille]

Hey ken! This was a very helpful information, but I was wondering if you got any video/s about investing into real estate even if I have a mortgage to pay? Or is that even possible? 😅 😂 cheers man!

[@KenMcElroy]

Hi Irenrose! You might start with this video about investing in your 20s. kzbin.info/www/bejne/jGfEkqavfKeSj8U Thanks so much for watching videos!

[@bigc3748]

Hey Ken can you teach us how to write and present our Financial statement?

[@tamarmcginnis8610]

Yes my mothers friend asked for 25,000 to start limited partnernship in AZ in 1973 They lost it and never paid her back. So beware. We did not know what we were doing and trusted her because she was a realtor broker and her husband were rich. Not us though.

[@HeartsOfMen]

When seeking investers, how can I learn what interest of return do I offer them on their money and within what time frame should I project their return?

[@nickcecala9759]

Hey Ken when you get a loan from the bank and u raise capital from investors where do you make the money

[@GrowthMindsetProductions]

*The* *housing* *market* *does* *seem* *a* *bit* *high* , *and* *maybe* *that* *means* *to* *continue* *to* *look* *but* *not* *put* *100%* *percent* *effort* *sifting* *through* *deals* . I think following your return on investment numbers is the most important, and that should help you determine if you want to purchase a deal even if the market has elevated prices. I think the hardest part about real estate is not crunching the numbers, but having the *persistence* to continue looking for deals *AND* having the *patience* (disciplined mind) to not act on a bad investment just because it may feel like progress has not been made in a while.

[@AB12CD34EF56100]

Please tell us how to buy a foreclosure property (House). I need to buy my first home. Is it beneficial to buy a foreclosure home or regular listing homes. Also, how much down payment is good to give in the beginning. Thanks

[@ed9910]

Ken, how do I get the education you are referring to? Yes people write books those are typically incomplete. I appreciate the knowledge you share!

[@ed9910]

lol...juat listened to the subscription part...

[@realfreedom8932]

Hi Ken, this is good advice. Do you use interest only loans? And how do you ensure the deal withstands future interest rate changes

[@KenMcElroy]

Hi Ff Yy, thanks for watching and I'm glad you are getting something out of the videos. Every deal is pretty unique so the loan structure varies greatly. As a big picture, general rule most of our debt financing has amortizing principal. For new construction or major renovations, we could have an interest only loan for the period for the build up or renovation. I hope that helps. To protect against future interest rate changes we fix the rate, if possible and appropriate.

[@realfreedom8932]

@@KenMcElroy thank you Ken, that makes a lot of sense. Here in London UK almost every deal has to be interest only for the numbers to make sense. Most Investors I know, invest with interest only loans. Do you think this is too risky? I am not sure what to do because I do not want to miss on extremely low interest rates. Thanks in advance.

[@MartinMartinez-uq4gx]

Sweet so I can invest in a property w/ no physical money just pure sweat equity and owning small percentages of big deals until I grow enough to own more of the deals... awesome! 🤑🤑🤑🤑

[@2027759]

Hi Ken, any recommendations on how (technically) expenses and income could be unambiguously verified? If a seller lies, how could I verify his information? Thanks a lot.

[@hunterrees]

Hi, I know that I’m not Ken, but I am going to paraphrase something that Ken states directly from his book “ABCs of Real Estate Investing”. He said that during the due diligence process after you have formed your purchase and sale agreement, you need to search through the books and records(the accounting, rent rolls, occupancy, etc) and manually search through them. The seller has all these documents. In rare cases, these documents could be fabricated (which is completely illegal), so make sure to scour the property and look for anything suspicious during your due diligence.

[@elgallo2474]

Ken, if someone came to You with A great Real Estate investment and You thought it was Also Great, would You help them to start ther Future in Real Estate Investing??????

[@2027759]

Hi Ken, unfortunately my question left unanswered. How do you approach if there is no any historical data regarding past revenue of the property?

[@KenMcElroy]

Hi Val. I've recorded more videos where I answer questions, which will be posted soon. As far as lack of historical data, I would say that you would need to be more cautious with the purchase price and make a note of it in the negotiations. Letting the seller know that the lack of information creates uncertainly and impacts the price. Other than that, do your best to estimate revenue based on available comparable properties both geographically and quality of the property. It is really tough though, so I understand your frustration.

[@2027759]

Ken McElroy thanks a lot for your advice Ken! I feel I am not alone. There are some unoccupied properties in a city. I am struggling in adequate evaluation of them.

[@bryanverduzco7322]

Hey ken I’m 16 years old and I want to get started in real estate. Any advice that you might have

[@KenMcElroy]

Hey Bryan. This video has some starting advice, it is targeted for someone slightly older but I think the advice is sound for you. Keep learning and growing.

[@bryanverduzco7322]

Thanks

[@bryanverduzco7322]

Where do you think is the best place to start single family home or multi

[@jeffh7195]

Too bad there wasn't more details. For example, Ken's answer to the first question is for the person to go out and "find a good deal" to add their money to the investment pool. However, he teaches to only accept accredited investors. With 50 thousand only to invest, you're probably not going to qualify.

[@warringalice3980]

Thanks. never really looked at the Cape Rate from both sides. At this stage of the game, we have only looked at it from the buyer side. Also, never new that the cap rate had a cycle to it. I was wondering if there are charts that show cap rate changes over long periods of time and how it relates to stock prices, interest rates etc. for buying residential investment properties, and how long those cycle are????

[@dsilva3072]

At this time? I would buy #bitcoin #silver and #gold, and hold them in an intrest baring account. Right now I'm making 10%ap on my cryptocurrency.

[@magicman9321]

Awfully quiet let’s talk now in terms of covid

[@miidouuu8166]

You dont looke rich

[@KenMcElroy]

Thanks for watching Mii! I'll take that as a compliment. Not too worried what others think of me, I think it is one of my strengths. I appreciate you watching and commenting.

[@miidouuu8166]

I started reading your book and I respect you Thank you for your efforts to help people

[@KenMcElroy]

No worries, Thanks for taking the time to read my book and watch the videos. I hope that they are helping you. It is a great quality to be trying to improve yourself. I work at it everyday.