The State Of Rents From a Landlord With 10,000 Tenants
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 12 March 2024
⏱️ 43 minutes
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Summary
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Visit Ken's Bookstore: https://kenmcelroy.com/books
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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, and The ABC’s of Property Management. 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 podcast 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
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Transcript
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| 0:00.0 | Welcome to the Real Estate Strategies podcast. |
| 0:02.9 | Let's get right into this episode. |
| 0:04.7 | Welcome to the Ken McRae show. |
| 0:06.2 | I'm your host, Danielle, here with Ken. |
| 0:08.2 | Let's get to it. |
| 0:09.4 | So landlords are during urgent rent cuts in order to fill their vacant properties. |
| 0:14.1 | And right now, we are seeing between one and three months of free rent trying to get people to move in. |
| 0:20.4 | Yeah, this is a side guys. |
| 0:23.4 | We've been talking about this for a while. |
| 0:25.7 | That's very exciting. |
| 0:27.2 | First of all, if you're a, if you're a renter, this is long overdue. |
| 0:31.0 | So, you know, landlords have been lucky. |
| 0:34.6 | And, you know, everybody like talks about how landlords are greedy. This, listen, this is a |
| 0:39.6 | supply and demand issue. So what we have here, Jerry, you want to put that first chart up, |
| 0:44.7 | if you would. What we have here, guys, is this tells the story. I always say a picture is worth |
| 0:51.9 | a thousand words here, guys. So let's just take a look at a couple things here. |
| 0:56.6 | The black line is the supply expansion rate, okay, and as a percentage of the existing inventory. |
| 1:03.8 | And the blue bar, sorry, the green bars are the units completed. |
| 1:09.6 | And then the orange, of of course that is the the anticipated |
| 1:15.6 | inventory that's going to be delivered now why is all this important and by the way |
| 1:20.3 | thanks to real page this stuff is not on the internet guys this is this is stuff that |
| 1:26.4 | we get this is this is what I what I decided to go where I'm going to go by what I'm going to look this is this is stuff that we get this is this is what I what I decided to go where I'm |
... |
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