Multifamily Challenges in Today's Market - Ken McElroy

Mailbox Money Show

English - February 22, 2023 14:46 - 45 minutes - 55 MB - ★★★★★ - 82 ratings
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Previous Episode: The Multifamily Wealth Project - Omar Khan

Next Episode: Get Ready for What's Coming Next... - Jason Hartman

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What challenges are in store for you if you’re in multifamily? Ken McElroy, our guest on this episode, shares the challenges facing multi-family in 2023. Ken started in college managing an apartment complex and decided to become an investor. He bought his first property and with determination, he has transacted over $1 billion in real estate through his company, MC Companies.

Ken is dedicated to helping people achieve financial freedom through real estate. He shares his expertise on his popular YouTube channel and is a sought-after speaker. He is also an author, a chapter contributor to the new book "More Important Than Money: An Entrepreneur's Team," and a Real Estate Advisor to Robert Kiyosaki.

In this episode, Ken McElroy discusses the potential impact of rising Federal interest rates and shares his expert insights on the multifamily market. Find out if you're at risk and what to consider. Watch this episode now to make informed investment decisions in today's market!

TIMESTAMPS

00:42 - Guest Introduction: Ken McElroy

01:29 - What a real estate investor should be paying attention to

08:57 - Will the Fed keep raising rates?

11:55 - What happens next and who's at risk?

16:39 - Bridge loan debts

18:41 - The lag effect

23:43 - What assets do you like right now?

26:41 - What to consider if you’re in multifamily

31:24 - Advice for growing your wealth

40:05 - Wrap up

41:11 - Outro