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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
Connect with the Guest:
Website: https://kenmcelroy.com/
Linkedin: https://www.linkedin.com/showcase/kenmcelroy/
Instagram: https://www.instagram.com/kenmcelroyofficial/
Twitter: https://twitter.com/kenmcelroy
Facebook: https://www.facebook.com/kenmcelroyofficial
Youtube: https://www.youtube.com/channel/UCzomXQvDl2UblYIjBoFR8aw
Linktree: https://linktr.ee/KenMcElroy
Podcast: “Real Estate Strategies”
#multifamily #challenges #investing
