How Will Yellen's Global Tax Affect Real Estate? - Ken McElroy LIVE!

[Music] hello and welcome to the ken mcelroy show i'm your host danielle and i'm here with ken hey guys what's happening today we are going to be talking about the um global corporate tax that janet yellen announced this morning by the way sorry for last week we had a big company planning thing and obviously in order to pull all this off we all got to get together yeah or once a month yeah we're once a quarter hour meeting yeah so we're going to try to schedule a different time so sorry about not having it last week yeah yeah so while we wait for everyone to join um what were you talking about just a second ago with the crew about linkedin like you know as you guys all know like how do you respond to stuff like people dm me all the time well you're saying on linkedin random people will send you a message like how are you like how are you you know like i was just joking i'm a guy like you know so like good yeah exactly right anyway it was just it's a funny way to market yourself uh note to self you know i sent one back to a kid you'll love this kid sent me um something and i'm like do your homework that's what i step back to him it's like he knew nothing it was like a bot or something yeah i think it must have been a bot who knows but anyway yeah so let's get on to the topics that's funny well first let's welcome a few people here we have tammy sue um she says hey ken william wants to know are we really live yes william yes we are live um yeah we got where's everybody from so people from utah florida all right well let's go ahead and get started yeah we're just waiting for you i know i just well the comments aren't coming through so i didn't know okay all right it's like maybe nobody's commenting i don't know but anyways so okay so today we're talking about janet yellen she came out this morning and said that they want to do they want everyone to be on the same page globally in the g20 and do a global corporate tag yes so this is a big topic guys so first of all if you guys don't know is and will be your biggest expense of your life and that is a fact so nobody thinks about it but i remember uh gosh i think i was in my first job and i got my check and i was like what like you know what i mean like when i was salaried all right well i was like what like so uh and then i looked it up and they said something at the time like you worked basically till may uh for the government or for tax and then you know the rest is yours so it's a big number it just gets kind of buried in there and a lot of people don't really think about it right they don't really pay attention it's a big big deal and there's a lot of stuff uh you know if you really want to dig into tax you should in my opinion first of all i don't know if people know but as a u.s citizen you're taxed on your worldwide income that's a big big deal i think i might be wrong we're the only country in the world that does that so in other words we can't just move to somewhere and we have to i think it's uh expat i think it's called an expat you have to actually move pay a big tax move you know and reset up so as a u.s citizen you can't just go anywhere and so now what they're doing is they're going after the corporations the same way so that's how i see it well right they are they're because basically you know if you go to ireland there's a 12 tax rate for corporate so everyone yeah all the big companies the big tech companies are over there interesting that you picked ireland so the um well so there's a couple things one before we jump into corporate uh i want people to know that this is a big deal and and it's not really going to affect us because um they're going to go after the corporate tax and so i don't think a lot of people are going to be too upset about that but but right you know there's a couple other big things on the table and if you guys really have dug down deep you take a look at california so california the in august of 2020 they brought um you know a proposal that said that i think it was 2088 so just google this tax policy 2088 it's called the wealth and exit tax so if you live in california or used to live or have a businesses there and you relocate it or whatever it is there's a proposal out on the table that they can tax you for 10 years no matter where you go so tax is a big thing and and the states as things are moving around as people migrate around even if you lived in san francisco and then you moved to let's say nevada to work and all these you know all these youtube videos or why i left california well trust me california understands this they're going to try to still tax you no matter where you're going so this is now moving up to the corporate level right it's almost like well obviously governments need money because the covid businesses aren't you know we're shutting down people aren't working so they need money and they need to pull money 100 and they're kind of on the scene all you know on the same page probably of raising their tax rates think of it as a business losing customers that's how you have to think about it so so you know yes so many people in a state california we'll just pick on california um and they're you know a lot of them are moving and obviously that's revenue right revenue loss so it's the same thing in the us the you know they've done that on with the with the citizens but now it's moved to the corporate tax rate so let's just go back here the corporate tax rate was 35 percent with under trump trump lowered it to 21 remember he was trying to say made america made in america made in america but then he was still going after amazon i don't know if you remember yeah he was going after amazon saying they're not paying attention because they're based in ireland 100 so you know so in 2017 he passed that and so biden wants to take it from 21 to 28. so that's what it is but this is a little bit different this is a minimum corporate tax that yellen's kind of coming out with so let's just walk through i think you guys need to understand a couple of things amazon is approaching one trillion dollars or something and they paid zero federal tax just google this you'll see zero so and you start to take a look at some of these countries that some of these businesses are based in so we've got in ireland we've got medtronic accenture pfizer obviously everybody knows about pfizer allergen which is like a botox they're all in ireland in canada he got burger king in belgium you got budweiser in switzerland you got purina and nestle so so right under your nose these big corporate big iconic brands that you guys know there a lot of these are based outside of the united states and there are reasons well and we're like a lot of them's number one customer so we're their number one customer we're getting squeezed for taxes and they're not really paying any right to us yeah yeah so so this is uh obviously so all those people like you know any of these companies they're they're trying to obviously and by the way it's all legal yeah so oh yeah they're not breaking anything 12.5 and so you know a lot of these companies are and by the way these are global they're global companies they're doing global business and so i don't know how all accounting works you know i don't but but the truth is is a lot of these are based outside of the united states and this is an opportunity for the federal government to go after corporate tax yeah dsg says nike amazon fedex too are all based out of the country so well and here's the thing though how do you feel about that i mean because here they have two sides they're saying it's good because it will help bring business back to the us but then it's bad because corporate tax is the number one thing that slows economies so i don't know what is your thoughts yeah well so it's kind of the way the same way that's why i brought up the individual u.s person so if i want to move personally to europe and i think i should be able to do that i think i should be able to go there set up my business run whatever i want and but if i do that now i have to pay tax back to the united states even if i'm not doing business in the united states right that's the fact so you know so i don't necessarily think that's a good thing now obviously this is a great way to fund that infrastructure bill you know infrastructure the infrastructure bill yeah hardly much not not much in there on for infrastructure but regardless the 2.3 trillion dollars this is a way to do that and i don't think anybody's going to be too upset about this because it's right and they should pay taxes you know i mean i agree they should pay taxes now i weirdly enough see this going a different direction so you know with the corporate tax i think the next thing that they might try to do in the states this is just you know conspiracy theory but um you know everyone is now working from home right so if you want to move to a low tax state like texas out of california well potentially if your company is based out of california they might have some overreaching you know nationwide taxes or something like that because you know you're going to have the same issue in the states now that everyone can work remotely well we were we're already seeing this uh they did a great interview this weekend with ron desantis the the governor of florida and you know whatever whatever your position is is fine on on this but they asked them a question how many people are moving to florida and he's like we don't even know it's hard to count at this point but endless amounts of country uh companies endless amounts of people are all moving to florida for a number of reasons and you know whether you know whether you're you know um wherever you are on the fence uh is irrelevant but the point is that there are companies that are actually and people that are actually moving there because of uh the way that co that that state is run and i think that's how you that's how you have to look at the whole thing right right right you know it has a low tax rate obviously and uh lower than a lot of places and so if you have a business and you know a lot of we have a lot of entrepreneurs and a lot of a lot of people that are very mobile these days to your point work from home then and the states are basically trying to figure out a way to put their hooks in them and and um you know and and and uh create some more tax for that particular state yeah and as gene points out on here a big issue of all of that is the youtube or the um the digital marketplace now right so before if you were gonna have a physical business that kind of had to be in the country it was in for the most part but now that you have all these big facebook amazon digital giants they can really go wherever it gives them the best tax rate and they're a worldwide business they are a worldwide business and that's actually the other issue you know and if if you're uh if you have a lot of your business in in another country you're you're also paying tax in that country right so yeah it it it's interesting the other thing that complicates this even more is this cryptocurrency stuff you know like uh which is just an interesting topic the fact is is you know where where's that money held you know right and you know and how do you how do you split that up and who taxes that or even if they figure out how to figure out where it is that's all obviously something that's coming but but you know with all that going on yeah it just it just further complicates it and what what's gonna what will happen guys the next wave of uh in my opinion is you know let's say let's say california has a net out migration of people it's a hundred percent going to hurt their economy period though the revenue and all the revenues and things like that and tourism and all those kinds of things those all trickle up basically so all those taxes that you pay on your flying in there on your rental car on your hotel and you know all the stuff that you do on sales tax and all that stuff and obviously property tax all those kinds of things all roll up into these revenue coffers that pay for things right and so that's what's happening and the the interesting thing with ron desantis is when he was taking a look at um whether or not to open or shut that state he said listen i was looking at it from a budget standpoint if we shut down then we were going to hit our revenue numbers and we had these big expenses and it was going to hurt us in other areas and that's why they stayed open obviously there's a risk you know with the virus and the pandemic and all those kinds of things that was the risk but they did it anyway and and he said that florida beat their numbers from a tax standpoint from a tax revenue standpoint and that's because of the people moving there as a result of these other states that were close any and it was interesting somebody said well so people are moving there you know for their businesses and and all that and he said a lot of people move there just to keep their kids in school yeah which i thought that was a really interesting point is he's like they're like listen we don't want our kid to be on the shelf for a year from zooming from home so that was a big one and especially if they had any kind of sports or all that kind of stuff so it's interesting you know obviously this isn't a corporate tax discussion yeah but but it's a it's a it's a revenue discussion and and i think that that's what this is this is a government's way to go after you know some of these big companies that are based somewhere else yeah and and pay for these these well they want to do these programs and like i said you know the jobs are down businesses small businesses are closing and they need the tax money somewhere and you can only squeeze people above a certain income so hard you know so they have to go after these big corporations yeah yeah i mean this is a result of the people um you know for the election right i mean bottom line this is this is exactly the these are the consequences for and i'm not saying the money's not needed i'm just saying that you know this is or that they shouldn't pay it this is why uh whoever you vote for is so important um mateo says thanks for your knowledge but el chamillo says i feel like the more people get educated and wake up the government is trying to find loopholes to get your money regardless of where you go yeah hey one that's a really good point so there are loopholes for tax guys i don't know like tom wheelwright has a great book called tax free wealth and i'm telling you you know real estate is a great one and obviously i'm a real estate guy but you take a look at what the government wants you to do they give you tax incentives so and one of the things that's going to come up in the next 10 years is additional tax incentives around housing in fact the infrastructure bill has a whole affordable housing component inside of there so obviously it's marketed like it's an infrastructure bill and everybody kind of probably believes that it's all about infrastructure it's not i think like five percent of the entire bill is actually truly for infrastructure the rest is are other things and one of the pieces in there is affordable housing so you're gonna start to see this money and you know everybody gets all wired about all this all these um you know the the the stimulus and of course it's gonna create inflation all those kinds of things we're talking about but i think what you really if you really want to take a look at what you should do here what i'm going to do is i'm going to take a look at what's inside of these bills because that's where the money's going so these are going to pass these are going to pass guys so so take a look at like what does that affordable housing chunk mean how's it going to be distributed and then be out in front of it you you know why don't you participate in that money it might you know it goes somewhere so so you know as a po you know you you're not going to resist this stuff you have to like just it's going to pass we know this is going to pass yeah when i love your mindset around it you know people get so angry about it right um because they feel like you know it's their tax dollars and everything else and and i get that but instead of just sitting around being angry try to think of how can i take advantage of this money because people are going to reap the benefits of it by doing what the government wants which is investing into affordable housing like think of the money like it's 2.3 trillion dollars it's going out into the economy why not be on the other side of that you know why not be the recipient for some of that right because these things are going to pass yes they're controversial yes they're going to be fought and all that kind of stuff but at the end of the day there's nothing you can do it's not yeah yeah obviously you're not gonna have any part of the the you know the the unemployment stuff or the money that goes straight to the people or anything like that or the ppp but on the other these other big things just that's what big government contractors do you know that's what mc looks into as well you know you guys are always trying to see what fits into your scope right that the government wants you yeah the government tells you like like uh my partner ross was on the housing finance agency in arizona and they basically said we have affordability issues in these areas and so he was on the board with the governor and the governor he's like okay how can i help well we need communities built in these particular areas and by the way the state has money for it so these are this is how business works so you just be in the right places so that you can start to participate on the front end of you know how this money is going to be disseminated through the economy and it will be for years to come just be out in front of it and you know david says he feels that the federal housing credit is fixed for bigger developers do you agree with that no okay i don't i don't it's there's no good old boy network trust me especially with that kind of money there's there's proper rfps or requests for proposals in there now if you don't have any experience building housing of course there that's one of the requirements but that's the same thing a bank would say he's like well have you done this before so what you need to do is put together a team for that kind of stuff and and put it together i know of um you know uh friends of mine that have done stuff up in alaska you know with um with the native american tribes and they brought in native american people as part of their company and you know and they went and got these big contracts and so there is a way to put all this stuff together um if you have no experience of course but that's not going to be um you know the the big uh just because you you you're a big company okay very good and then uh dave calico says hey ken how are you how's it going anyway is that so let's get to some of our questions for our premium um so can you let's see here so darlene wanted to know with lumber prices uh continuing to go up when can she expect to see that you know in the housing gosh yeah well it's already showing up so it it's already there i mean just go to national home builders uh nahq i think it is national home building corp uh something like that sorry but uh anyway just go on there i last time i went they said that the app the the average home went up i think 24 and a half million dollars that's a lot just because of those prices not necessarily just lumber so it's already showing up so you know especially on the housings let's say you are building something and you have the lot trust me though every the the subcontractors that are that are bringing uh they're buying that product uh they've already marked it up so you're already seeing it it's already in place okay and ali wanted to know a lot of real estate agents on youtube real estate agents feel that the real estate market is not going to crash they're dismissing that what do you think of course they are commissioned next i mean like listen i get it yeah i mean and and i i'm i'm not saying the whole market's gonna crash i haven't said that but guys you can't have four people bidding on one house i mean that i think that's the number i think there's been like seven years well yeah so i mean it depends on the market but this is not normal six months of inventory is normal so these prices are pushing up is it going to continue for the next 10 years of course not um is there going to be a correction of course the question is when and how much yeah and how much and so you know obviously you're they're going to take that position right yeah and and uh the and they might be right but the the point is it is going to crash same stuff happened in 2007 i remember i was in the middle of it you know and nobody thought anything was going to crash not right yeah and so it will crash for sure and um nobody knows yeah nobody knows exactly when it also depends on how long the government keeps bumping these programs follow the math guys just follow the math we have an affordability crisis is our biggest issue right now i'm doing a youtube video on that we have an affordability crisis well it's going to get worse because it's already now jc he's in phoenix arizona but uh but just in general he said would you buy a primary residence now or wait till the mortgage forbearance runs out that's a good question that is a great question um it depends on where now i hate to use the word depends because that drives me nuts when people say it depends but the truth is i actually think phoenix is pretty darn affordable personally as you start to look at some of the other markets it's very affordable even though it's very competitive so i think you bought a place in scottsdale just three or four months ago for 250 grand 270 yeah or 270. okay i think that's pretty affordable yeah i mean if you look at seattle um san francisco la all of it's way more expensive yeah yeah and it was a rental so you got a renter in there but uh the point is i uh so i think it has a lot to do with that but it also has a lot to do with whether you're going to stay there long term but also from a forbearance standpoint what i would do is i would go on a black knight and i would start to look at the detail and actually this is tracked on a number of websites you can actually see which counties are are the most in trouble and and i would start there i would go straight to the county i actually actually think you can go down into the cities too because it's all tracked all that information all that for you i think last time i looked there were three and a half million people um that were in big big trouble and and some sites say there's more but regardless all that stuff's gonna hit the fans soon and it's all gonna be in different spots yep so erica from premium wanted to know she owns a rental um in a hot market and they have a vacancy opening up soon um and she added some pricing in there but when do they know when to sell or keep renting it if they want to cash it out so if you want to cash out then now's the time but i don't you know the problem is same issue i have then what like right what are you going to do with the money stick your money in the in the in in cash and what are you going to come back in it when the market's high so you know and then potentially inflation so you know if you have something that's cash flowing and you you guys know i'm a cash flow guy so i love cash flow if this property is cash flowing and you have a lot of equity in it i would figure out a way to keep it cash flowing and and and continue to do more exactly like you did so you just bought one a few months ago it cash flows uh 270 grand and the rents more than cover you know all your expenses so you're still buying during this market um if the issue is your down payment then obviously you got to be a little bit careful because you're coming in at a high price what you like to say when you sell you get rich but when you cash flow you get wealthy yeah so let's take a look at the numbers so let's say you sell you're going to have depreciation recapture you're going to have a capital gain and you're going to have to try to figure out how to you know invest that money again and she also said something interesting i didn't read she said that she'll make around 95 000 and to her calculations it would take her 12 years to make that much money um but what i don't think she's um factoring in is inflation yeah yeah of course you've got to factor inflation in guys i mean the the government's already said that it's a two percent so so you know in 10 years that you know your your money is devalued by 20 at least yeah just based on you know what they've already told you right exactly so kevin has a good question for all you beginners out there he's from premium he's new and he um wants to know does he crawl walk or run in his approach to real estate investing he likes big projects and he wants to know should he start with the world is when he was looking for a rental or should he just start with local and what should he do yeah um so good question kevin we get this a lot i always believe that you should start small and start local always so because you're going to make a lot of mistakes but you know everybody wants to jump in at a high level but no truth is you don't bring any value yeah i mean i don't know anything about you but if you you said that that you're new you know what do you bring to the table other than the you know the willingness to want to do it and so you know you have to be thinking about that now once you get some experience under your belt and you start doing this a few times then of course you're going to be something that somebody's going to want to do something with especially if they've gone well so the the you know start small and you know you're going to make a tremendous amount of mistakes kevin that you don't even know like it's just there you're gonna make mistakes on the way you buy it mistakes on the management mistakes on your renter mistakes with your contractors you know there's gonna be a zillion things that you you just don't do right and and you have to kind of go through those things and and that uh all of a sudden then all of a sudden having done that you now come out of this with with somebody who says okay this guy's been doing it a while he's obviously got a few like you you've got three now all right can you imagine from the time you started to now what you've learned a lot like it's been definitely learning every step of the way like there's just stuff that happens almost every week on your stuff right yep yep almost every week but i will tell you when you get one you get the second one quicker because if you have a cash flowing property it helps you save your next cash flowing property so you got she has tenant issues she has hoa issues she has contract issues she has payment issues she's got you know mortgage issues so all that stuff kevin all comes out and you start to deal with these things and you obviously become smarter and better for the next one yeah and it is worth it but yes you you want to know i can't imagine jumping into something big even now with three i don't think i'm ready for a multi-family yet yeah so um so lynn from preemie want to know any tips or advice on finding cheap rehab projects without running into bidding wars wow if you can figure that out man let me know uh i man we're in the middle of a bid we we you know right now we found a va two value ads in in um in texas and and we are putting them in contract right now uh and i will tell you it's super competitive it's just beyond competitive and i haven't figured that out um but uh you know uh keep looking because they're out there and i know there are there are lots of people that are doing it and it's really deal a deal flow issue you have to have you can't be just looking at one deal a day even you have to be looking at multiple deals and saying no to a lot of things it's volume and velocity yep yep and janet yannick wanted to let you know that uh they bought four single family rentals at the end of 2020 in scottsdale and best decision that they've made they said as long as it doesn't crash but as long as you're cash flowing it doesn't matter guys listen i crashed uh in 2008 nine and ten well i had bought stuff before that i've been doing this business a long time so i owned stuff that my equity went down like that but you know what saved me my renters yeah so it doesn't matter i had my yeah i had a fixed mortgage you know the rents did not go down what happened when the housing crash happened people moved into rentals so it put more pressure on rentals and so we did not have issues with our income coming in now if i would have sold it i wouldn't have been good but i wasn't this is a these are long-term investments so don't be so freaked out about the values as much as you are about the cash flow that's why i'm a cash flow guy versus capital gain fixed mortgage and cash flow yeah just fix fix your mortgage know what your number is you know your expenses are going to go up a little bit over time and hopefully your rent goes up a little bit over time but every single housing bubble that crashes every single one puts more pressure on rentals stone from youtube has a really good question he says what keeps ken awake at night ah well you don't get very stressed out about anything but oh gosh um coffee i don't know not much uh that's the truth yeah i um i don't really stress about much i meditate uh you know i take a lot of personal time i work out i de-stress as much as i can and i will tell you this when i don't work out my staff knows it it's like or when you go on a cleanse yeah all right i glanced i do two cleanses a year um i don't really stress too much about uh much okay and then so chris from premium wanted to know he would love to know how you break down fees and profits between the gps and the lps sure yeah so here's the way it works so under a traditional gp which is general partner limited partner lp scenario and not all of them are like this those are um that's just one scenario typically the limited partners are the ones that bring the money okay so that's really important factor so all the money goes into the limited partnership period the general partner would be the person putting together the deal so that'd be a guy like me or or a guy like chris right so let's say chris you put together a deal you might say you know i'm gonna i'm gonna take 20 of the deal as the general partner and i need 100 of the money is going to go into the limited partnership so the way that would work 20 gp 80 lp so all the money goes over to the lp side but the partnership is still 80 20. then what you would do is the money is gonna want something okay you can't just get people's money and expect them not to want anything so they're gonna say what's my preferred return gonna be and the preferred return is gonna be something like let's say i'm getting money from you and you're making three or four percent somewhere you're gonna want more than that from me so so you're gonna there's a cost on that equity that i'm gonna have to pay to the lps so you can have one lp or you can have 50 lps or you know whatever it doesn't really matter it all is money so and they're all going to want to get paid something so this is why buying a cash flow property is so important because if i'm going to pay let's say six percent on that money on the equity as an example then i damn well better make sure that the property is generating at least six percent so let's say i get a million bucks i owe 60 000 a year on that money regardless if the property produces it or not so all the cash flow first goes there so let's say i make 70 000 on a property and the first 60 goes to pay the equity the last 10 000 actually falls onto the 80 20 split yeah so so you got 10 grand splitting 80 20 right so that's how that works and you know and and that's the way it should work because you're not putting any money up and so that's why these cash out refines and these value ads and all these other things are so important and and um you know you always want to take care of your investors and you always want to take care of the investment and if you're raising capital and putting it into a deal then you want the deal to pay that money because there's a no people just forget about the cost of capital the cost of equity they always know like you know the cost of their debt but they always don't consider the cost of capital so one of the things that happens in my new construction deals is let's say we have 20 million dollars of equity again so let's say let's use that six percent so that means i owe 1.2 million dollars a year on that 20 million dollars and guess what vacant land produces zero so year one i owe 1.2 million year two i owe 1.2 million and the things just being built so now before we even open i owe 2.4 million so in year three we start to lease up let's say i owe another 1.2 million so now at 3.6 million io by the end of the third year on that 20 million i still owe the 20 million so now really i owe 23.6 million so then then now the the property has to start paying that back and so that's the whole game of real estate and that's how that's how the gplp works so joyce has a good question on youtube this will be the last one it says for high income earning people which will be a good strategy buying single family or investing in apartment buildings in order to build wealth so this boils down to time uh in my opinion so we get this question a lot and actually i had this question the other day um with my nephew he's like i'm not buying any more remember he's like i'm not buying i'm selling off some stuff and i'm just gonna start investing in deals he's busy and he's got a family of three kids and his wife and then and so so he's like listen i just want to put my money with somebody that i trust and and uh and monitor the quarterly statements so it has to has to do with time the reason that he is frustrated is because he doesn't have the time he gets hoa calls he gets ten of calls he's got moving out he's got maintenance issues and he just doesn't want to deal with it right so so a lot of it has to do with that and some of it has to do with um you know if it's i've had people that have come and invested with us to learn our system yeah and then left and started their own right totally fine you know i have actually have i had one uh one of some of my early investors was uh steve jobs cfo of all people right so they invested with us early on ten years ago and um they had thrown a lot of money into some early deals and then they went and did a bunch of their own stuff in palo alto area uh all single families so it was just uh you know and they're like hey we wanted to learn how to do it and uh thank you and now they're off doing it on their own so it's just a it's a time machine you have to understand too it's not like you know we teach a lot about cash flowing real estate and ever so irregardless of whether you invest in your own single family homes or if you invest with an investment company you have to they have to know what they're doing like either you have to 100 know what you're doing and really understand the right property to buy how to determine if it cash flows or whoever you invest with you have to make sure that they know what they're doing yeah that's a big one and that's why and you know we did uh we did a video on how to read a business plan and so if you are going to invest with somebody make sure you check that out because there are some things that you definitely want to ask and people can put anything they want into a business plan yeah i've seen that firsthand and you know you need to be able to ask the right questions before you put your hard-earned money with somebody and sometimes it's you know a trust thing too people are like listen i trust myself i'm going to buy the property next door yeah you have full control that way too strategy there's nothing wrong with that strategy at all as long as you know what you're doing as long as you know what you're doing and you have the time yeah and and it's uh it's really um it's a great strategy you know to buy something that you're super familiar with throw a renter in there and um call it a day yeah well thanks everybody for tuning in we'll see you guys again next monday see you guys if you want to be able to ask questions we always answer all the premium questions head to kenmcelroy.com forward slash premium you

Channel: Ken McElroy

Views: 21,095

Keywords: Rich Dad, Entrepreneurship, Investing, Personal Development, Get Wealthy, Earn Wealth, Ken McElroy, Entrepreneur, Rich Dad Advisor, Success, Business, Self-Help, Coaching, Real Estate, Real Estate Entrepreneur, Real Estate Investing, Freedom, Lifestyle Business, Hustle

Id: 8GLIu9WqBOg

Length: 38min 35sec (2315 seconds)

Published: Mon Apr 05 2021