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Ken McElroy Show

Buying Your First Rental Property with David Demers

Ken McElroy Show

Ken McElroy

Business, Investing, Education, Business News, News

4.8692 Ratings

🗓️ 24 September 2020

⏱️ 29 minutes

🧾️ Download transcript

Summary

Join Ken McElroy as he talks with his co-writer, David Demers, about his latest book the ABCs of Buying Rental Property.Click this link to download chapter 1 of the ABCs of Buying Rental Property: https://bit.ly/BRPBookTo purchase Ken's book follow this link: https://amzn.to/31BWvXBLearn more about Ken McElroy and sign up for his video library at: https://kenmcelroy.com/membership-account/membership-levels/Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Real Estate Strategies podcast. I'm Ken McRoy and I'm here to give you creative ideas

0:06.8

on how you can get started or continue your journey in real estate. Each week we will bring you

0:12.3

inspiring and informative conversations with successful people and their path to obtaining or

0:18.1

investing in real estate. Enjoy the episode.

0:22.7

Hey, everybody.

0:23.1

It's Ken McRoe here.

0:23.9

I'm here with my good friend David DeMers.

0:26.0

Hey, David.

0:26.6

Hey, Ken.

0:27.1

How are you guys are going to get to know, David?

0:29.5

So the reason why I wanted David on the podcast was a couple reasons.

0:35.8

One, he helped me write this book, The ABCs of Buying Rental Property,

0:43.4

which is going to be coming out in the summer of this year. But more importantly, I'll let

0:50.3

David go into his background a little bit. So David can write. And as you guys know,

0:55.5

I try, but I'm not as good as David. So David helped me significantly on this book and is a

1:03.0

big reason as to why you guys are going to enjoy it. So what I wanted to honor you for that,

1:09.7

because I think you just did a great job on this.

1:13.2

But really, the reason why I wanted him on guys is because when he and I met, he didn't own

1:19.8

any rental property. No, I didn't. In fact, I owned my own house and I owned it outright. And I had achieved what I thought was the

1:29.8

American dream and that is to get your mortgage paid off. Right. So anyway, more on that.

1:35.5

You guys are going to love the story because what he did, which will blow your mind, was he bought

1:40.7

some rental properties and he's now making more money than he ever thought just

...

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