A hidden million-dollar wine real estate play…

Ken McElroy Show

Ken McElroy

Education, Business News, Business, Investing, News

4.7 • 712 Ratings

🗓️ 2 March 2022

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

The wine market is booming and with it the demand for storage. Millions of dollars are being invested in the industry, but there are still very few professionals who specialize in wine storage. Investing in wine storage is a good idea for anyone who is looking for an investment opportunity. This can be a good way to make money and it’s not as complicated as some people might think. Ken breaks it all down in this interview.To learn more about John and Bill's company, visit them at: https://www.vinum55.com/contact/ Want to ask Ken a question or have him look over a deal? Sign up for a Premium Membership: https://kenmcelroy.com/premiumBe sure to click the bell to be notified as soon as the next informational video is posted!Visit Ken's Bookstore: https://kenmcelroy.com/books/•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. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This channel is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. 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.Ken's company: https://mccompanies.com/• DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind. 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. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites.All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates. © 2021 KenMcElroy.com, LLC. All Rights Reserved.#kenmcelroy #realestate #passiveincome

Transcript

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0:00.0	Welcome to the Real Estate Strategies podcast, where we host in-depth conversations on everything real estate with the industry's biggest movers and shakers.
0:11.3	I'm your host, Ken McElroy, joined by my co-host, Danielle.
0:15.5	Let's get right into this episode.
0:17.6	Hey, everybody.
0:18.0	It's Ken McRoy.
0:18.7	I'm here with Bill Borders and John Finn.
0:20.6	Hey, guys. Danny, how are you? Good,'m here with Bill Borders and John Finn. Hey, guys.
0:21.5	Danny, how are you? Good, good. So they're with Venom 55. So any of you guys that love
0:26.3	wine or specifically are into real estate, self-storage, wine storage. We're going to talk about
0:33.5	wine storage today, which is a real estate play. So let's get right into it. You know,
0:39.3	this is a really cool thing. You guys started how long ago? Yeah, we started Venom 55 about nine
0:46.2	years ago. Yeah. With one location in Phoenix. We now have four in Arizona and one in North Texas.
0:53.3	Nine years ago yesterday.
0:54.7	Oh, is that right?
0:55.6	Yeah.
0:56.2	So, so guys, listen to this.
0:58.1	All right.
0:58.6	So I always tell people like, you know, real estate is really, they're boxes, right?
1:03.2	So industrial is a big box.
1:05.9	The retail is a big box.
1:07.9	Offices are basically boxes.
1:10.4	The self-storage, which I do, are boxes. They're a little
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