The harsh truth...they want you poor.
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 23 August 2022
⏱️ 51 minutes
🧾️ Download transcript
Summary
Sign up for Monday's Happy Hour with Kathy Fettke by joining Ken's Inner Circle: https://kensinnercircle.com
The two videos Ken mentioned in this episode are linked below.
Podcast - Capital Fund One Link - https://youtu.be/e3cdv0ceB_o
Podcast - Airbnb Arbitrage Link - https://youtu.be/0zK25SGUwF8 43:56
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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.
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/
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Transcript
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| 0:00.0 | Welcome to the Real Estate Strategies podcast, where we host in-depth conversations on everything |
| 0:07.8 | 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. |
| 0:17.5 | Today we're going to be talking about the harsh truth that they want you poor. But before |
| 0:22.0 | we get into that, I want to let you know we have the happy hour with Kathy Fetke on Monday at |
| 0:27.2 | five Arizona time, 5 p.m. Kathy's a rock star. She knows the single family home market, like |
| 0:35.1 | almost nobody else. Yeah, she's very's very very she's got her own channel |
| 0:39.2 | she's got a her and her husband rich or incredible rich has got an incredible new book we're going to |
| 0:44.6 | talk about that and um they're building properties and all over the place uh we saw the one in |
| 0:51.9 | park city uh Utah so they're very, very, very great real estate |
| 0:58.5 | investors. So don't forget to miss that. Yeah. Yeah, we love Kathy. So we'll be talking about, |
| 1:03.3 | you know, updates on the market, what she sees happening with interest rates, what she seeing happen |
| 1:07.6 | with single family homes, and what she's doing personally with her own |
| 1:10.8 | portfolio right now yeah so let's jump in we have an awesome topic today which is um they want you |
| 1:20.3 | poor yeah that's an interesting topic you know one of the things that opened my eyes years ago, especially when I joined, |
| 1:29.0 | you know, Rich Dad, was the book, Rich Dad, Poor Dad. |
| 1:32.2 | I know a lot of you guys read that book. |
| 1:35.4 | But the premise of the book, and right out of the first chapter, is that the rich don't |
| 1:39.5 | work for money. |
| 1:40.5 | And it's true. |
| 1:41.4 | Wouldn't you agree with that? |
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