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Content provided by Keith Weinhold. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Keith Weinhold or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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131: Ken McElroy | What Your Tenant Wants Today
Manage episode 177062848 series 70810
Content provided by Keith Weinhold. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Keith Weinhold or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
#131: Ken McElroy is our guest today. He’s the Rich Dad Advisor for real estate. Why does your tenant move out, and what will keep them inside your rental property?
He tells us what tenants want today and how rental trends have changed over the last 5, 10, and 20 years. With over 10,000 units in multiple markets in his company’s control, he knows.
In many markets, rent increases are not coming as easily as they were a few years ago.
Ken & I discuss the best ways to increase income on your property.
Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive turnkey real estate investing opportunities.
Listen to this week’s show and learn:
02:12 Polling tenants at move-out to determine why they moved.
05:05 Tenants are more mobile today. They go where jobs are.
06:40 Service level to tenants is more important today - fitness center, activities directors, shuttle vans, and even bartenders.
07:35 Living spaces of 200 - 300 square feet in urban cores and college towns.
09:44 Why can’t tenants pay more rent? Discussion on negative rent growth.
13:52 High rents can be a threat to public safety.
22:20 Why did your tenant move out?
28:03 School districts, crime.
30:19 Forecasting infrastructure improvements and how that boosts local real estate.
34:47 Websites that Ken uses for real estate market research.
37:22 Increasing your Net Operating Income - best ways, dumbest ways.
40:49 Pushing rents too high.
44:12 Ken feels real estate is still the best asset class to be invested in. But he tells us to exercise caution in a hot market.
46:22 Catch up with Ken at KenMcElroy.com Check out his great video series, KenFlix.
47:53 A lot of people are going to lose everything in the next five years.
Resources Mentioned:
522 episodes
Share
Manage episode 177062848 series 70810
Content provided by Keith Weinhold. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Keith Weinhold or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
#131: Ken McElroy is our guest today. He’s the Rich Dad Advisor for real estate. Why does your tenant move out, and what will keep them inside your rental property?
He tells us what tenants want today and how rental trends have changed over the last 5, 10, and 20 years. With over 10,000 units in multiple markets in his company’s control, he knows.
In many markets, rent increases are not coming as easily as they were a few years ago.
Ken & I discuss the best ways to increase income on your property.
Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive turnkey real estate investing opportunities.
Listen to this week’s show and learn:
02:12 Polling tenants at move-out to determine why they moved.
05:05 Tenants are more mobile today. They go where jobs are.
06:40 Service level to tenants is more important today - fitness center, activities directors, shuttle vans, and even bartenders.
07:35 Living spaces of 200 - 300 square feet in urban cores and college towns.
09:44 Why can’t tenants pay more rent? Discussion on negative rent growth.
13:52 High rents can be a threat to public safety.
22:20 Why did your tenant move out?
28:03 School districts, crime.
30:19 Forecasting infrastructure improvements and how that boosts local real estate.
34:47 Websites that Ken uses for real estate market research.
37:22 Increasing your Net Operating Income - best ways, dumbest ways.
40:49 Pushing rents too high.
44:12 Ken feels real estate is still the best asset class to be invested in. But he tells us to exercise caution in a hot market.
46:22 Catch up with Ken at KenMcElroy.com Check out his great video series, KenFlix.
47:53 A lot of people are going to lose everything in the next five years.
Resources Mentioned:
522 episodes
All episodes
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Similar to Get Rich Education
Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
…
continue reading
Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, George Kamel, Jade Warshaw, and Dr. John Delony.
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Let’s face it, Real estate education has lost the script. Everybody “claims” to have the secret sauce. They get you to sign up, get you to bite on a “magic” formula, but there’s no real tools to get there. There’s so much talk, no practical steps. It’s not instructional, it’s hype. The ideas aren’t focused on your success, it’s focused on theirs. Well, it doesn’t have to be that way. If you’ve been searching for a way to escape the rat race and achieve true financial freedom wholesaling real ...
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Call them changemakers. Call them rule breakers. We call them Redefiners. And in this provocative podcast, we explore how daring leaders from across industries and around the globe are redefining their organizations—and themselves—to create extraordinary impact in today’s rapidly changing world. In each episode, Russell Reynolds Associates Leadership Advisor Hoda Tahoun and former CEO Clarke Murphy host engaging, purposeful conversations with leaders in and out of the business world who shar ...
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continue reading
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continue reading
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