$2 Billion Investor Reacts to Tik Tok “Gurus”

Ken McElroy reacts to real estate TicTok. In this video, he critiques and challenges advice popular on social media platforms. Throughout the video, he covers various topics, from interest rates to the realities of real estate investments, highlighting how simplistic approaches can lead to misinformed decisions.

Ken has a real estate strategies podcast! Follow your favorite platform each week.

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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.

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Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained 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 channel.

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[KenMcElroy]

If you guys want to a see a true story of how I bailed out Bank of America on one of their properties

You can watch that video after, here:

[hadleycontractor]

I love when people call out these terrible “influencers”

[bchristopher]

Dave Ramsey was talking about how new investors think tenants ALWAYS pay your mortgage for you. (Not considering repairs, vacancies etc). It was an argument against being leveraged.

[jeffmartinaz]

Ken, this is gold. My wife and I have been investors for 20+ years, and we have been laughing at these online clowns for years. Thanks for calling them out.

[jackgoldman]

I am 72. When I was a home builder, mortgage rates were 18%. It really sucked. EVERYTHING was negative cash flow. I had to sell everything, one house at a time. My rich uncle built in the 1950's when everything cash flowed and banks automatically gave mortgages with no qualifying. Rich Uncle had 100 units and sold the mall in 1970, right before inflation. Wiped out in a bad divorce. Did it all over again in 1980's in Florida. I inherited one house when he died. That was good for me. Protect yourself. Thanks Ken.

[CrashBr]

Young and never experienced a downturn.

[stefanbstreet]

Overall very knowledgable video. The Dave rant at 10:15 was however taken out of context, I actually saw that video and right after the clip here cuts out he goes on to saying it's because often you can't 100% reliably count on your renters to pay rent because situations come up, sometimes your tenants file bankruptcy and become uncollectible. Sometimes they break leases early and you end up with multiple months vacancy. I've had both happen.

[ericcannon]

No “positive” cash flow; always walk away. Some of my best investments are the ones from which I’ve walked away.

[drjs]

Ken, you should continue with a series like this. It’s helpful seeing a real pro show how these scammers (or those who think they know) mislead the uninitiated. Once a week will be perfect!

[ericcannon]

Besides his relationship with the “My Rich Uncle Guy”, Mr. McElroy consistently provides sound and practical advice and sage guidance.

[UtahRealEstateMarket]

This is very helpful Ken to so many people. Please make more of these videos so people don’t get scammed. I’ve been in real estate for over 25 years and seen just about every Scam there is out there and it’s really hard to convince people. Something is not a scam with some of these charlatans.

[JG-rebb]

This one of the sharpest and insightful videos Ken has put on in a while. I also like that they are shorter and more to the point. Good stuff

[chrislferrell]

Oh man, I love Ken McElroy for the regular great everyday content. But for destroying social media hype? Super fan status achieved.

[glennmorris]

Ramseys brand is “no debt”. If he borrowed money he would lose his audience which generates more than $50M per year.

[sharkbite]

Much needed video. Thanks Ken! More of this style video would be great! As usual, keep up the good work.

[AB-fqmr]

I have learned that anytime I see someone on youtube wearing a backwards baseball hat, something dumb is about to come out of their mouth. They're all copying each other and not even realizing they're becoming part of a stereotype.

[publicaccount]

I love the videos that tell you how easy it is to get rich then tell you to go to their "free" seminar. Those seminars are how THEY'RE getting rich.

[curtkautsch]

Kens' the OG.. these gurus can pound sand!

[Mateusreus]

Every one is under 30y old.
Never experienced a crash 💥 before!

[JustRideTheVibe]

Dave Ramsey's advice is generally really sound and logical for people who have serious spending problems and behavioral risks, but for people who have actual financial sense and understanding, it can often be extremely counterproductive, like with the example of refusing ALL debt, regardless of how it could actually leverage your overall wealth in the right situation. He sort of provides the "training wheels" to financial freedom, but once you're ready to actually go somewhere financially, it's actually more of a hindrance than a help. I consider him more a financial "therapist" than a wealth advisor, but unfortunately people are obsessed with simple solutions to complex problems, and often suffer for it.