Ken McElroy Real Estate Strategies

Layoffs are Coming, what you can do to protect yourself!

12.13.2022 - By Ken McElroyPlay

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Join Ken and Danille as they discuss the potential for increased layoffs. With interest rates rising and the economy slowing, there will be less job security and more layoffs. Don't worry; we're here for you. Find out about the different phases of the layoff process and what you can do to protect yourself and your family. Sign-up for the Happy Hour next Monday, Dec 19th: https://kenmcelroy.com/happy-hourJoin Ken's Inner Circle: https://www.kensinnercircle.comAttend Limitless Expo, the financial freedom conference! Next June 15-17th in Scottsdale! Tickets will never be lower, and prices will increase soon! Check out the website for all the information: https://limitlessexpo.com/Ken has a real estate strategies podcast! Follow your favorite platform each week.Apple Podcasts: https://apple.co/3jDqftxSpotify: https://spoti.fi/31GUDwW✨ Questions from Ken's Inner Circle →27:27 Rick's Question:When should I use an interest-only loan? Micheal's Question:I also believe in the long-term hold strategy and the power of doing so with Multifamily. I appreciate how you talk about and share your philosophy on this! If starting again, how would you approach capital partners to share the power of long-term holds over short-term spreadsheet gains? 29:13 Chad’s Question37:00 Jeff's Question:When you purchase an investment property, is there a particular percentage you want to put down for that property to cash flow? In other words, should the property cash flow with 10%, 20%, etc. Also, what are you looking for regarding cash on cash return?40:20 Brent's Question:Do you invest in any vacation or short-term rentals (STRs)? What data do you track, and where specifically do you find that data?• • •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 podcast 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 podcast. 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 podcast are accurate and up-to-date, all information 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 podcast. Any...

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