Closing Your First Real Estate Deal

Learn the exact strategies Ken McElroy used to close his first real estate deal and turn it into a foundation for long-term wealth. In this course, you’ll get the real-life tactics and guidance to close your first property with confidence.



What you’ll learn

  • Investors’ SMART Goals: Set the kind of goals that help you close your first deal faster, by focusing on what matters.
  • Financing: Be realistic about your own finances. Know exactly how much you can invest, borrow, and actually afford to risk.
  • The Real Estate Shopping Checklist: Learn how to spot red flags and avoid time-wasting properties that will never have cash flow.
  • The “First Deal Filter”: Steal Ken’s proven framework for choosing the right first investment and not just any deal that looks good on paper.
  • Step-by-Step Buying Process: From preapproval to paperwork, understand every step in the transaction to avoid feeling lost or at a disadvantage.
  • The Property Protection Plan: Learn how to legally protect your assets and set up your first investment even if you’ve never owned property before.
  • How to Choose a Property Manager Who Pays for Themselves: Use Ken’s proven vetting system to find managers who boost cash flow and take day-to-day headaches off your plate.
  • The “Investment Identity” Strategy: Not sure what kind of investor you want to be? Find the strategy that fits your personality, lifestyle, and long-term goals.
  • Top Rookie Mistakes (and How to Dodge Them): Save thousands by learning what not to do

You’ve read the books and watched the YouTube videos.

Maybe you’ve even gone to real estate meetups hoping for that one breakthrough moment.

But your first investment property? Still a pipe dream.

If you’re like most aspiring investors, you’re probably thinking, “What am I missing?”

Because here’s the truth: Most real estate advice is made for people who already have money, connections, and experience.

They say “just buy a property,” like it’s as easy as ordering takeout.

But that’s not your reality.

You need a plan that’s proven and built for people starting from zero.

That’s where Closing Your First Real Estate Deal comes in.

This isn’t fluff or theory.

It’s the exact method Ken McElroy used to go from managing apartment buildings to building a portfolio of over 10,000 units and $1 billion in assets.

It doesn’t matter whether you’re aiming to buy your first rental, flip your first home, or finally just get in the game. This course will give you exactly what you need to know, to make it happen.



Meet your teacher

Ken McElroy

CEO, MC Companies

From property manager to real estate mogul with over $1 billion in assets under management…

Ken McElroy didn’t start at the top; he built his empire one deal at a time.

After managing 25,000 units for a major firm, Ken realized the real money was in ownership. So he took what he learned, started his own company, and scaled it into one of the most respected multifamily investment firms in the country.

Today, he’s the CEO of MC Companies, author of bestselling real estate books, and the trusted advisor to Rich Dad Poor Dad author Robert Kiyosaki.

Ken’s superpower? Turning complex real estate strategies into simple, repeatable systems that anyone can follow, no matter their starting point.

In this course, Ken shares the exact steps, mindset shifts, and deal-making playbook that helped him close his first property—and every one since. So you can stop guessing… and start investing.




Introduction

5 min


Investor’s mindset and smart goals

4 min


In action: Creating SMART goals

8 min


Getting clear on money

11 min


How to shop for real estate

9 min


Doing a deal

11 min


In action: Choosing the right deal

11 min


The buying process

24 min


In action: Beginning the buying process

4 min


Protecting your property and money

21 min


In action: Calculating your savings

3 min


Property management

13 min


In action: Choosing a property management company

2 min


Investment strategies

4 min


In action: Choosing an investment strategy

2 min


Mistakes investors make

6 min


In action: Potential mistakes

2 min


Conclusion

1 min


Introduction Transcript

Introduction > Introduction

Investor’s mindset and smart goals Transcript

Investor’s mindset and smart goals > Investor’s mindset and smart goals

In action: Creating SMART goals Transcript

In action: Creating SMART goals > In action: Creating SMART goals

Getting clear on money Transcript

Getting clear on money > Getting clear on money

How to shop for real estate Transcript

How to shop for real estate > How to shop for real estate

Doing a deal Transcript

Doing a deal > Doing a deal

In action: Choosing the right deal Transcript

In action: Choosing the right deal > In action: Choosing the right deal

The buying process Transcript

The buying process > The buying process

In action: Beginning the buying process Transcript

In action: Beginning the buying process > In action: Beginning the buying process

Protecting your property and money Transcript

Protecting your property and money > Protecting your property and money

In action: Calculating your savings Transcript

In action: Calculating your savings > In action: Calculating your savings

Property management Transcript

Property management > Property management

In action: Choosing a property management company Transcript

In action: Choosing a property management company > In action: Choosing a property management company

Investment strategies Transcript

Investment strategies > Investment strategies

In action: Choosing an investment strategy Transcript

In action: Choosing an investment strategy > In action: Choosing an investment strategy

Mistakes investors make Transcript

Mistakes investors make > Mistakes investors make

In action: Potential mistakes Transcript

In action: Potential mistakes > In action: Potential mistakes

Conclusion Transcript

Conclusion > Conclusion

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