Ken McElroy, Principal and Co-Partner of MC Companies, has over 26 years of senior level experience in multifamily asset and property management and development. Having purchased over $500 million in real estate in the past two years, Ken brings a unique property management perspective when estimating a property’s potential value. Ken oversees the company’s asset portfolio and leads the day-to-day operations including financial and operating analysis, investor relations and business development. An industry veteran, Ken has served in leadership roles in multi-family asset and property management for more than 26 years. He is also an expert in development, project/construction management, investment analysis and acquisitions/dispositions, as well as business development and client relations.
MC Companies is a full-service real estate investment and property management group that since 1985 has developed, built and managed multi-family housing communities. Its current portfolio includes units in Arizona (Phoenix, Tucson, Goodyear, Scottsdale, Green Valley, and Sun City); Oklahoma (Oklahoma City and Tulsa) and Texas (Austin, Dallas, Houston, Plano, and San Antonio).
“The MC Companies combined core strengths create value and is the foundation for the company we built. For us, a culture of partnership isn’t something we hang on the wall. It’s something we actually live minute-by-minute when we bring on a new property management contract, run the numbers on an apartment community we’re thinking about buying, or map out the strategic direction for our company in the coming year. It’s our mutual respect, our respective talents and our combined actions that come into play and create our commitment to Sharing the Good Life with our families, friends, investors, employees and our family of community residents.”
Books by Ken McElroy
The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss
This book will teach you how to:
- Achieve wealth and cash flow through real estate
- Find property with real potential
- Unlock the myths that are holding you back
- Negotiating the deal based on the numbers
- Evaluate property and purchase price
- Increase your income through proven property management tools
In precise and entertaining chapters – each culminating with very specific ‘action steps’ for readers to follow – author Ken McElroy offers real estate investing stories from the trenches and wisdom. Chapters include: It Takes a Team – Understanding it takes a team to be successful in real estate, determine whether you want a partner and evaluate partner candidates based on the qualities required for a good partnership Research Can Be Fun? – Become familiar with online resources such as newspapers, trade publications, government and trade organization websites Swamp Land For Sale – Stay away from gut feelings. Select one market, preferably one close to home, that you may be interested in. You Own It…Now What? – set up your systems for maintenance, accounting and rent collection. Get involved in local supporting professional affiliations. Enforce the policies and procedures in the lease without exception and respond quickly to your residents with a smile!
The Advanced Guide to Real Estate Investing: How to Identify the Hottest Markets and Secure the Best Deals
If you’re interested in real estate investing, you may have noticed notice the lack of coverage it gets in mainstream financial media, while stocks, bonds, and mutual funds are consistently touted as the safest and most profitable ways to invest. According to real estate guru Ken McElroy, that’s because financial publications, TV and radio programs make the bulk of their money from advertising paid for by the very companies who provide such mainstream financial services. On the other hand, real estate investment is something you can do on your own–without a large amount of money up front! Picking up where he left off in the bestselling The ABC’s of Real Estate Investing, McElroy reveals the next essential lessons and information that no serious investor can afford to miss. Building on the foundation of real estate investment 101, McElroy tells readers:
- How to think–and operate–like a real estate mogul
- “The Top Ten Real Estate Markets to Watch”
- How to identify and close expert deals
- Why multifamily housing is the best real estate investment out there
- How to surround yourself with a team that will help maximize your money
- How to avoid paying thousands in taxes by structuring property sales wisely
- Important projections about the future of real estate investment
Do not miss this opportunity to get all of Ken’s insights!
The ABC’s of Property Management: What You Need to Know to Maximize Your Money Now
So you’ve made your real estate investment, now the question is: How are you going to make it successful? Maximize its potential? Make it grow? One word: Management. Hundreds of thousands know bestselling author Ken McElroy as a real estate investment tycoon. In his new book, he reveals the key to his success, exceptional property management, and teaches you its most important principles, showing you how to fundamentally succeed where others fail.
The ABC’s of Property Management tells readers:
- How to decide when to manage your property and when to hire someone to do it
- How to implement the right systems and structures for your investment
- How to manage and maximize cash flow
- What to expect: a month in the life of an owner-manager
- How to find the right property manager (and avoid the wrong ones)
- How to assemble a superior management team.
The Sleeping Giant brings together twenty self-employed entrepreneurs who share their powerful and inspiring stories of how they found success through self-employment. This book and its success led Ken to embark on another journey where he held a nationwide contest via Facebook asking people “Are You The Next Million Dollar Entrepreneur?”
By submitting their ideas and passions for their businesses, one lucky person received $5,000 towards their venture and a year long mentoring program with Ken and many other highly successful individuals.
“I’m very fortunate to have the life I do and being able to share my experience and insight is exciting and something I really enjoy spending my time doing.”
To learn more about Ken McElroy, visit: http://KenMcElroy.com and http://KenFlix.com