ABAB Pedia

Ken McElroy

Ken McElroy is an American real-estate investor, entrepreneur and author who co-founded MC Companies and is a principal of The Founders Group. His work spans multifamily investment, property management and real-estate education through books, podcasts and videos. He has been interviewed by School of Hard Knocks.

Contents19 sections
Key facts

University Education

Ken McElroy studied business at Pacific Lutheran University in Tacoma, Washington. His professional profile lists attendance from 1986 to 1990, and an event organizer’s biography identifies him as a graduate.⁠[1][2]

Early Career: From Property Management to Investing

In interviews, he recalled entering real estate by managing a 60-unit Seattle apartment building, a job that provided housing and a salary. He obtained a real-estate license while working and later moved from managing properties for owners toward participating in acquisitions.⁠[3]

McElroy Management

He founded McElroy Management, working in property management and related real-estate activities.⁠[4]

Formation of MC Companies

McElroy Management merged with Ross McCallister’s The McCallister Company to form MC Companies, developing its multifamily investment, development and management business.⁠[4]

The ABC’s of Real Estate Investing

Warner Business Books published The ABC’s of Real Estate Investing, covering apartment acquisitions, evaluation of actual income and expenses, and due diligence. A contemporary Inman review valued some professional insights but considered it more useful for larger-property investors, with insufficient financing and management detail for beginners.⁠[5]

The Advanced Guide to Real Estate Investing

Business Plus published The Advanced Guide to Real Estate Investing, addressing larger multifamily transactions, market selection and the organization of a professional team.⁠[6][7]

Property Management Guide Edition

The Grand Central Publishing edition of The ABC’s of Property Management cataloged by Google Books was published on this date. It discusses self-management versus hiring a management firm, operating systems, personnel and cost control.⁠[8]

The Sleeping Giant

Kyle Kade Press published The Sleeping Giant: The Awakening of the Self-Employed Entrepreneur, collecting 20 entrepreneurial stories on subjects including partnerships, persistence and cash flow. Publishers Weekly praised the practical accounts while finding some terminology dated.⁠[9][10]

Return to Orchard Canyon

RDA Press published his business novel Return to Orchard Canyon, extending his writing into narrative treatment of business and life themes.⁠[11]

Rental Property Buying Guide

KM Press LLC released the ebook ABCs of Buying Rental Property, addressing a first rental-property purchase, operating records and management. Its ebook ISBN is 9781947588134.⁠[12]

Operation 25K

In a joint interview, he and McCallister described Operation 25K, a goal to expand the company’s apartment ownership to 25,000 units by 2029.⁠[13]

Co-founding Limitless

He and Tarl Yarber co-founded Limitless, an event platform bringing together real-estate investors and entrepreneurs.⁠[14]

Company Anniversary and Giving

In its twentieth-anniversary announcement, MC Companies said its Sharing the Good Life Foundation had donated a cumulative $1 million to nonprofits and described employee volunteering as part of its charitable work.⁠[15]

School of Hard Knocks Interview

School of Hard Knocks released a podcast interview with him about his move from property manager to investor, along with cash flow, team-building and family legacy.⁠[16]

The Founders Group Merger

MC Companies and Bridge Founders Group announced their completed merger into The Founders Group, where he became a principal. The announcement reported approximately 7,900 multifamily units owned and operated across 35 communities in six states.⁠[17][4]

Investment Education and Media

Industry and Charitable Involvement

He previously chaired the Arizona Multihousing Association. His official biography also lists charitable service involving the Southwest Autism Research & Resource Center, Childhelp and food-bank organizations.⁠[4][18]

Public Social Accounts

Sources

  1. Ken McElroy — LinkedIn (opens in a new window)
  2. Phoenix State of the Market — Ken McElroy (opens in a new window)
  3. BiggerPockets Podcast 52 — Ken McElroy transcript (opens in a new window)
  4. Ken McElroy — Principal (opens in a new window)
  5. New book caters to big time real estate investors (opens in a new window)
  6. The advanced guide to real estate investing — 2008 edition (opens in a new window)
  7. The Advanced Guide to Real Estate Investing (opens in a new window)
  8. The ABC’s of Property Management (opens in a new window)
  9. The sleeping giant — first edition (opens in a new window)
  10. The Sleeping Giant: The Awakening of the Self-Employed Entrepreneur (opens in a new window)
  11. RDA Press Launches New 2020 Financial Education Books Website (opens in a new window)
  12. ABCs of Buying Rental Property (opens in a new window)
  13. An Interview with Ross McCallister and Ken McElroy, Principals of MC Companies (opens in a new window)
  14. Limitless Expo (opens in a new window)
  15. MC Companies Celebrates 20 Years in Business (opens in a new window)
  16. Ken McElroy: From Property Manager to $2B Real Estate Mogul (opens in a new window)
  17. MC Companies and Bridge Founders Group Announce Strategic Merger, Forming The Founders Group (opens in a new window)
  18. Ken McElroy — Real Estate Expert (opens in a new window)
  19. Real Estate Strategies with Ken McElroy (opens in a new window)
  20. Ken McElroy — YouTube (opens in a new window)