China”s real estate market is crashing! Join Us LIve!

Join Ken and Danille live as they talk about updates to the Chinese real estate market and it's impact on the global and US economy.

Ken has a real estate strategies podcast! Follow on your favorite platform for new discussions released weekly.

📘 Chapters→
00:00 Introduction
03:17 Discussion on China
05:16 China uses pre-sold homes which has created a debt problem for buyers
07:05 Mortgage boycotts have begin in China
10:41 Is this China's 2008 moment/great recession?
13:54 Governments worldwide are stopping using debt for growth
15:26 What does Chinese investment in the US look like?
17:21 Housing market is the largest part of Chinese economy
19:05 MC keeps looking and finding deals
20:46 Ken's Inner Circle (KIC) question - What are some key metrics that you look at when buying?
23:39 KIC - Renting out my mother in laws condo
24:00 KIC - Where to put re-investment money - money manager or self-invest?
27:50 KIC - How much should a cash out refinance be for?
31:07 KIC - What rental market is MC Companies looking at?
33:59 KIC - What to do about tenants who don't tell you about pets?
36:15 KIC - Should I start with a multi-unit property?
39:25 KIC - I've done so much research that I am confused

• • •

Be sure to click the bell to be notified as soon as the next informational video is posted!


•
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.


•


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.





#kenmcelroy #LiveStream #realestateinvesting

[leelydia]

Great content Ken! Have been following your talk for a while. More Chinese buyers may be driven to US in this case…If looking closer at the 2021 US foreigner home buyer statistics, you’ll see the medium home price that Chinese buyers paid was 1M plus, while the largest group of foreign buyers, Canadians, just paid half million as medium. I recently encountered here in Phoenix a Chinese group of investors owns 1000+ single family houses. Can be more coming!

[CarolinaRealEstateGuide]

Thanks for improving the sound in this.

[robertoinvests]

Love to know what you’re looking at and following so interesting

[calebfast]

I've been waiting to hear your comments on this, can't wait! :D

[LilySpencer]

Thank you so much! I get so much out of this channel. I am like Danille believe in the Dave Ramsey Method. I like things paid off. Thanks again. Lily Las Vegas

[FIRE_DrNinjaTurtle]

I stole the quote “Good money goes where it’s treated best”

[RobWilliams]

Yeah, autofocus is a bad idea if you are moving around. At least Ken’s audio stays at the same level because he isn’t up against the mic, moving around! See, always a positive. 😁 There’s also a weird compression algorithm happening.

[bugbunny]

The lease are the rules of the game. The landlord can't change the rules after the lease is signed. To say the tenant knows cats aren't allowed and now has to pay extra is wrong. If it's so important to the landlord then it was the landlords responsibility to have included it. Suck it up. That's what security is for.

[prometheus]

In recent years China typically averages 25% of foreign purchases of US real estate with Canada in second place at about 10%. This is true for all the major cities in the United States and Canada. I think you're actually just talking about one bubble.

[Ju-duuc]

"The US is cracking down on debt for growth." I'd like to see a video expanding further on this subject. Later you mention 65% of all your realestate is debt, how do you see this new environment affecting future returns?

[Cashflowsavage]

I think you forgot what you were thinking about I thought this was about China housing?

[abundantcapitalgroup]

Why are the developers in China not building the properties?

[frankyhonnolus]

Ken, how do you trust the property management or anybody that does the property management for you?

Do you visit every single rental property you own? How often do you do that?

[SportZFanLfe]

They've been saying this crap for years now. 🤔

[tampa_ty]

are world wars deflationary or inflationary?

[luisgil]

Taking the current buyers deposit to build someone else’s home. It sounds like a pyramid scam to me. LOL

[davidtheman]

If the same happens in U.S the goverment can just go in and buy up the whole market and rent it out for a minimum rent-price and steadly keep buying up the market with rent-control.

It should be a human right for life, shelter, food and water. There is no need for bull-shit work anyways.

Eventually its no need for U.S. to produce wealth anyways. Free time is better.