Fri, 17 May 2019
Jason Hartman talks with Rich Dad Advisor and multifamily property investor Ken McElroy about his recent sale of $300 million worth of property, as well as supply levels of multifamily properties, why Ken is still bullish on real estate and the future of interest rates. Key Takeaways: - Why did Ken choose this time to sell his properties and how did he do it? - Cap Rate fails to take appreciation into account - Is there an oversupply of multifamily that's causing rents to not grow as quickly? - What Ken has learned about his facilities for the 55+ community - Why Ken is still bullish on real estate - Capital always looks for safety in the US - The impact things like ride sharing and autonomous cars are having (and will have) on real estate - Ken's take on the future of interest rates Website: |