CW 928: Rich Dad Advisor Ken McElroy: Tax Plan Impact on Real Estate Investors

Jason and Ken McElroy finish up their conversation started in episode 927. This time, however, the two look into the importance of how property owners (and managers) treat their tenants, and why many people are doing it wrong. They also discuss why the American idea of home ownership may be a massive myth, and two critical pieces to your investment success.

Key Takeaways:

Jason Intro:

[3:29] Apple has confirmed a long-held conspiracy

[6:38] Jason believes this tax plan is going to be phenomenal for the economy

[10:49] Some back of the napkin math on the impact of the new tax plan

[15:19] It's been 3 decades since we've had real tax reform, so Jason's bullish

Ken McElroy Interview:

[20:42] It's important to treat all your residents as your customers

[22:08] Is the idea of home ownership a myth?

[24:22] Population growth and migration are two things critical to investment success

[27:41] The state of the state