Ken McElroy is the co-partner of MC Companies in Scottsdale, Ariz. He is the author of the best-selling books, The ABC's of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC's of Property Management. McElroy is also a contributor for The Real Book of Real Estate by Robert Kioysaki, and The Midas Touch by Donald Trump and Robert Kiyosaki. McElroy's fourth book, The Sleeping Giant, is dedicated to the new class of entrepreneurs who are emerging in today's economy.
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Could lowering interest rates solve the current high inflation issue in the U.S.? While shelter prices drive inflation due to housing supply deficits, lowering rates might help but isn’t a complete solution.
A couple of interesting bills have been proposed in response to corporate America being more involved in the single-family home market. These bills were proposed because affordable housing is becoming an is...
Unless you have been living under a rock for the past three years, you know that home prices have been elevated since 2020. The initial spike occurred because of low interest rates, and it has continued due...
Most areas of the real estate market have seen substantial price increases since 2020. These increases, along with increased interest rates, have made it hard to make deals pencil out and show cashflow. Eve...
Decisions such as renting vs owning impact your median net worth.
If you read personal finance articles, you will constantly see that most Americans don’t have enough to retire. That thought can be scary as...
I don’t believe in saving money. In my experience, you want to take money and put it into assets that rise with inflation, with my favorite being rental properties. The rents tenants pay rise with inflation...
With the new year upon us, we are all starting to realize it is a very different atmosphere than where we were in 2022. While 2022 felt very prosperous and moving towards growth, 2023 feels stagnant and unc...
With the federal government’s recent announcement implementing student loan forgiveness, Americans are hyper-focused on student loan debt. The Biden administration’s plan will forgive $10,000 of student deb...
I’m a true believer in real estate. It’s hard to find an asset class that will hedge against inflation more reliably. I’ve been investing in multifamily properties for pretty much my entire adult life, due ...
To call our economy atypical over the last couple of years is a tremendous understatement. The initial shock of the pandemic triggered a recession in all of the G20 countries in 2020. During that time, the ...