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?
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Cap Rate fails to take appreciation into account
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Is there an oversupply of multifamily that’s causing rents to not grow as quickly?
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What Ken has learned about his facilities for the 55+ community
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Why Ken is still bullish on real estate
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Capital always looks for safety in the US
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The impact things like ride sharing and autonomous cars are having (and will have) on real estate
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Ken’s take on the future of interest rates
Website:
www.JasonHartman.com/Properties
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