Why is RENT SKYROCKETING??
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 18 July 2023
⏱️ 50 minutes
🧾️ Download transcript
Summary
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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.
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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. |
| 0:15.4 | Let's get right into this episode. |
| 0:18.3 | Welcome to the Ken McRoy show. |
| 0:20.3 | I'm your host, De, Danielle, here with Ken. |
| 0:22.6 | Hey, guys, what's happening? |
| 0:23.6 | Let's get on with our Twitter questions of the week. |
| 0:27.6 | We're going to be talking about how runs are skyrocketing, which is not yet. |
| 0:30.6 | Okay. |
| 0:31.6 | If you were to win 10 million in the lottery, which option would you prefer when it comes to receiving the money? A, received the |
| 0:39.3 | entire sum at once, or B, receive it in the form of yearly deposits of $1 million over a |
| 0:44.2 | period of 10 years? All right. So that's an interesting question that you posed there. We |
| 0:49.3 | always talk about that. Well, because I heard this on the radio. Like, I I heard uh actually it's not an original idea |
| 0:56.2 | but I heard it from a DJ talking and they did it to a bunch of listeners and I was like |
| 1:02.7 | these people are idiots why because all of them wanted the lump song well some people on our |
| 1:08.9 | Twitter answer is like oh no I. I know. I know. |
| 1:13.3 | But I'm like, it's so obvious to me. |
| 1:18.6 | But, you know, so we should probably let people say. |
| 1:19.2 | All right. Let's see what our answers are first. |
| 1:21.8 | So Stretch said option A, lump sum. |
| 1:27.3 | Because option B would not only suffer from higher inflation, but also higher taxes in the future. |
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