And so, then what we did was we ended up doing partnerships with our vendors. You know, now its kind of old news but this is like, this is going to happen. Robert Kiyosaki and Ken McElroy discuss the current state of the real estate market, including the impact of rising interest rates and the importance of understanding debt and market cycles. Hes involved with development, construction and property management. And so, thats how I started and it was interesting and it was all on a handshake from the guy that allowed me to manage it. And if the deal is good enough, the money will show up. And thats the truth. And so, I said, This is kind of cool. I jumped in my car and I drove up. Real Estate Market 2023 - Robert Kiyosaki, @KenMcElroy And we had gotten a chance to connect before that but it was cool here in his perspective and his story of you and how you guys met and the whole nine yards. Ive just had so much fun getting to know you and learning more about your story. Been Researching Real Estate investing, but is it right for us? But in a dramatic act of . I lived in Lincoln Park and I would walk by these 3 flats and 4 flats, and I just wanted to buy one so bad. Ken McElroy - Popular Bio As my friend says, Way leads the way leads the way. Its just things connect as you get into motion. And you know, in the last five years, we hired a full-time director of philanthropy. So, I was hustle and hustle and hustle to get to that point, and I was laughing because theres an analogy between when I was collecting rent and collecting for a $10 newspaper. If Im going to meet this guy I better go buy his book and read it. So, I went to the store and bought the book. Join us for the Investor Summit on Sand! Instead of a lifetime cumulative average value, we only show the most recent ratings from users in the past 30 days or the newest 10 . If you enjoyed todays episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, Stitcher, Castbox, Google Podcasts, iHeart Radio, or wherever you listen, so future episodes are automatically downloaded directly to your device. Literally, those are at the top. And in my EO chapter, there was a guy that knew Robert and I was raising capital. Ive got to assume you didnt have this yourself. And so, I remember I read Rich Dad Poor Dad and I was like, This is incredible. Ken McElroy has lived and breathed real estate for his entire adult life, learning from the ground up. And, boy, did I have an education at that place. Yeah. More Information. I ended up kind of being in property management and I learned so much but what I learned is I was creating all this value for other people.