Three reasons NOT to buy income property: 1) It is illiquid. 2) Speculative mania without cash flow. 3) You want zero involvement.
With that understanding, direct ownership of rental real estate still has the best risk-adjusted return today.
President Biden wants to keep people in their homes. He doesn’t want residents removed from their homes under his watch - both homeowners and renters.
Higher mortgage interest rates lead to both higher prices and lower supply. This is counterintuitive to many. I explain why.
The last six times that interest rates rose in America, housing prices rose too.
I read the menu prices from McDonald’s restaurant in 1974. It makes inflation’s effect apparent.
Then Ken McElroy joins me. Together we discuss how inflation affects consumers and real estate investors from an in-person video at his Scottsdale, AZ office.
Ken reminds us how high inflation can go. It was 15% for a time in the 1980s.
Resources mentioned:
Show Notes:
Get mortgage loans for investment property:
New Construction Turnkey Property:
Ali Boone’s Recommended Book:
EQRPs: text “EQRP” in ALL CAPS to 72000 or:
By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.
Best Financial Education:
Get our free, wealth-building “Don’t Quit Your Daydream Letter”:
www.GetRichEducation.com/Letter
Top Properties & Providers:
Follow us on Instagram:
Keith’s personal Instagram:
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
Death, Sex & Money
Anna Sale explores the big questions and hard choices that are often left out of polite conversation.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.