Ways to Cashflow at a High Interest rate…and ways you shouldn’t!
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 31 July 2023
⏱️ 54 minutes
🧾️ Download transcript
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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Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this podcast 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 podcast. 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.
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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 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 | Okay, well, today we're going to be talking about, you know, people have been really |
| 0:21.7 | trying to cash flow these high interest rates and it's been really difficult. And some people |
| 0:27.6 | are doing things that we don't think is a good idea in order to try to cash flow. But there are |
| 0:33.2 | ways that you can cash flow and think about cash flowing in these high interest rates environment. |
| 0:39.4 | But before we get into the main topic, we are going to go over our Twitter question of the week. |
| 0:49.3 | And Sarah, we're on early because we're leaving today. |
| 0:52.7 | We're heading our road trip, our van trip. |
| 0:55.6 | Down to McCall, Idaho. |
| 0:57.6 | So Ken, you asked if you could pick any city and state in America to buy property in, |
| 1:02.1 | where would you pick it? |
| 1:05.1 | And Holmes said the greater Boston area in Massachusetts. |
| 1:14.4 | So we're not too familiar with that area. |
| 1:15.9 | South Carolina's on there too. |
| 1:16.5 | Yep. |
| 1:17.4 | Yep. |
| 1:18.3 | Yeah. |
| 1:18.9 | Yeah. |
| 1:20.0 | It's funny. |
| 1:23.0 | Like if you're an east coaster, you know, you kind of focus there. |
... |
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