Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term.

And now here's your host, Marco Santorelli.

Welcome to passive real estate investing.

I'm your host, Marco Santorelli.

This is part two of seven powerful tools to create legacy wealth

from real estate.

And so last week we were talking with Kirk Chisholm and we went long.

In fact, the entire interview was over an hour, so we had to cut it down a little bit but this is part

too so we're going to pick up right where we left off last week and I hope you enjoy the interview.

Inflation is very closely tied to virtually all these seven benefits that we're talking about today, but it's very closely tied to everything about real estate.

And I was actually with Peter Schiff for about a week, last week, hanging out with him and a few other people and you know he's

always about doomsday right like everything's going like to hell in a hand basket but

yeah but you know he's very much in the camp that we have inflation, we're going to continue to have

inflation and we could potentially even see hyper-inflation, which may sound great if you're a real estate

investor, but it has its other blowback and implications.

But you know, the thing is, as far as I understand it, we live in this country, in this economy,

and this world market that we have. We live in an inflationary

environment and even the Federal Reserve has a stated mandate of having a 2% annual inflation rate and I think real inflation is probably

higher than 2%, is probably closer to 4 to 5, maybe more. And so if we have

to have an inflationary environment in order to sustain the type of economy and economic

structure that we have, I don't think there's a lot to worry about as a real estate investor

when it comes to inflation. Now you

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