Ken McElroy

For instance, I explained this just like a few months ago.

Ken McElroy, a bona fide billionaire, American billionaire.

He's a Venezuelan guy that is actually a... another American that thinks they know about Venezuela.

I mean, as I said back then, it's kindergarten level of analysis for a PhD level.

So a U.S. billionaire, or at the very least a centimillionaire, I don't know, Ken McElroy, has an awful left tackle in Venezuela, not a pro bowler like myself.

So you have to be careful.

And this is something you can't skip.

We all wish we had kept all our properties.

In fact, I remember one year on the summit we had this panel where we had Ken McElroy and Kim and my dad.

And we had all had the same thing in common.

We all started with a little two-bedroom house.

There's lots of seminars.

And the best stuff you often have to pay for but you don't have to pay a lot.

Well, even to that point when we met Ken McElroy, okay, so we had properties.

We had not a lot, maybe 100 units.

He saw the post about Brandon Turner losing his asset to the bank.

Ken McElroy, I guess, had one taken by the bank.

And he said, why would they just let the bank take the project? Why would they not hold it? And real estate appreciates over time.

Why would they just give it back to the bank? So if you're an operator, why would you do that?

And I know that there's just more of that to come based on this guy who kind of runs in those circles.

I mean, even Ken McElroy, you probably know him because he's on FinTwit some.

I mean, he's in the middle of a foreclosure on a multifamily property right now.

Everybody's getting hit.

So I've met with all three of these people and talked one on one, one of which was Robert Kiyosaki.

On another occasion, Ken McElroy actually flew over to his office.

We did a little interview and I got to ask him some one on one questions and then Grant Cardone.

So I've talked to all of them.

I, I listened to some other podcasts and talked to other people and, and I'll give you example.

On another podcast I was listening to Ken McElroy was talking to Grant Cardone and, you know, Ken is buying in Phoenix, and he was really making the point, if you're getting the right price for a great asset, like a really class A property, really good bones, it doesn't even matter because you're betting-- you're getting price per pound, price per square foot that you can't build.

You're, you're, you're, you, you, you're getting it at such deep discount per, you know, per dollar of construction, then the numbers make sense.

I mean, it's really three things.

I was in a conference down in Scottsdale, Arizona with about 2,500 people with somewhere north of a million dollars in assets at the Limitless Conference.

Shout out to Ken McElroy and Danielle and Taro and the whole team over there.

They put on a great show in 110 degree heat, and that was the coolest part of the whole deal.

I mean, the actual show was really interesting.