Is Networking The Most Important Part To Building Wealth?

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I Could Have Bought This House For $1… I Said No

I could’ve Bought This House for $1… But I Said No (Here’s Why) In 2012, I had the chance to buy a house in Detroit for just $1. Sounds crazy, right? But after flying out there with Robert Kiyosaki to see it for myself, I walked away from the deal—and it turned out to be one of the smartest real estate decisions I ever made. Download my free guide: 3 Reasons to Invest in Submarkets vs. Big Cities https://kenmcelroy.com/3-reasons-to-invest-in-submarkets-vs-big-cities/ In this video, I break down: 🏚️ What was really happening in Detroit at the time 🚫 Why cheap real estate is not always a good deal ⚠️ The hidden costs and city-imposed rules that made this home a trap 📉 Why price alone doesn’t determine value in real estate 📈 How to spot the right kind of distressed opportunity 💰 And why some of the best deals… are the ones you don’t do If you’re new to real estate or chasing “cheap” deals, this story might save you tens of thousands of dollars. Ken has a new YouTube channel for his podcast! Check it out and subscribe at this link: https://YouTube.com/@KenMcElroyPodcast Follow Ken on social media at: https://x.com/kenmcelroy • • • Be sure to click the bell to be notified as soon as the next informational video is posted! Visit Ken’s Bookstore: https://kenmcelroy.com/books/ • ABOUT KEN: 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 has an upcoming book: “ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years.” Ken is a Rich Dad Advisor. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive. Ken’s company: https://mccompanies.com/ • DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind. Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’ Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites. All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates. 2024 KenMcElroy.com, LLC. All Rights Reserved. #kenmcelroy #realestate #realestateinvesting source
Building Wealth Is A Time Game

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Is Using Other People’s Money The Key To Building Wealth?

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Why You Need To Take Control Of Your Finances

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The Right Way to Choose a Name For Your LLC

Register for the next workshop here: https://aba.link/qdc ——————————————————————————————————— SUBSCRIBE https://aba.link/tmt ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin ~~~~ CONTACT US Phone: 800.706.4741 Email: info@andersonadvisors.com Fax: 702.664.0545 ABOUT CLINT COONS Clint Coons, Esq. has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth. ——————————————————————————————————— The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. #llcname #llc #realestateinvesting source
Why I Don’t Buy In A Lot Of Different Areas

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The Biggest Problems With Zoning Laws

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The Trap Everyone Should Avoid When Investing

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Are Zoning Laws Used To Segregate Us?

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