“If you’re a prepared buyer, it’s always a good time to buy.” -Kevin Clayson Today’s episode is about the difference between market value, asking price, and appraised value. In this unique and brand-new market situation, all three values may differ, but they would all align in a “normal” market. We discuss how to look at these various values and their impact on an individual’s purchasing power right now. We are sure that this can make a difference in your life. If you understand the market, you ...
Oct 12, 2021•32 min•Ep. 56
In today’s episode, we talk about the death of the 1% Rule in real estate investing. “Rules of thumb aren’t bad, but they can get in the way of good investments.” -Kevin Clayson The 1% Rule is a rent to price rule that has dictated the “what makes a good investment property” conversation for a decade. This rule was the judging value of whether or not investors wanted to look at a specific property. Since it is just a simple metric (based on what the rent is and what the purchase price is), follo...
Sep 27, 2021•31 min•Ep. 55
In today’s episode, we discuss some of the thoughts and principles that will help investors make the most of their relationship with their property manager. “Property managers love our clients because we provide them with a high-quality product.” -Kevin Clayson The property management companies that we work with genuinely care about the property, our clients’ experience, and their goal is to make money on the property and that our clients are happy. However, not every real estate investor goes t...
Sep 06, 2021•39 min•Ep. 54
In today’s episode, we interview Chris Miles, Cash Flow Expert and owner of Money Ripples, about how most financial advisors are frauds. “The question to ask every financial advisor is ‘Are you financially free?’” -Chris Miles Chris is an anti-financial advisor. He’s the right person to talk about this. After working as a traditional financial advisor and stock coach for several years, Chris came to a stark realization that the financial advising industry was not showing anyone how to quickly an...
Sep 02, 2021•39 min•Ep. 53
In today’s episode, Steve interviews the DFY Acquisitions Director for Florida, Ryan Hinricher, and they provide a market update on Florida. They let us know why real estate demand and growth will continue in that state. “People love living here because Florida’s best things never change.” -Ryan Hinricher Steve has been traveling to all of our markets. In Florida, and had a chance to talk to Ryan, who is our acquisitions director in the state of Florida. Steve and Ryan had this great conversatio...
Aug 25, 2021•31 min•Ep. 52
In today’s episode, we interview our team on the ground in Oklahoma City again, and we get an update on how it's going and how great it's going. “From an appreciation standpoint, the market looks very, very strong in Oklahoma City.” - Steve Earl Steve Earl is in Oklahoma City right now, with our team members, Gary and Preston Norris. They are going to: Run us through the numbers and what the cash flows are looking like Discuss what the property purchase prices are looking like Share what the mar...
Aug 18, 2021•38 min•Ep. 51
In today’s episode, we discuss the conclusion of the nationwide eviction ban, and we talk about the ramifications the eviction ban has had over the last year, as well as what people need to know about the topic moving forward. “The NAR helped the government take care of both tenants and landlords.” -Steve Earl You know we're not like a radio talk show where we're talking about current events every day. However, we know that you're listening in real-time, so we want to give you the stuff that mat...
Aug 09, 2021•32 min•Ep. 50
Today we’re talking about inflation, how reports state that it is still increasing very fast, and how real estate gives us the ability to navigate it more successfully than many other things. “Get into real estate because it can act as a hedge against inflation .” - Kevin Clayson. We see it in real-time, with our own eyes. Inflation grew in June, more than at any other time since 2008. We saw inflation increased to 5.4%, and it’s showing on the things we consume every day. Inflation is essential...
Aug 02, 2021•30 min•Ep. 49
Today, we’re talking about what's the difference between having a real estate plan and having an outline for the success of your real estate investments. “A flexible outline, instead of a rigid plan, allows you to capitalize on opportunities as they show up.” - Kevin Clayson Investing with purpose and having a game plan is very important. For many people, a plan is listing step one, step two, and step three and defining an ideal endpoint. The truth is that real estate cannot be put into that kin...
Jul 26, 2021•34 min•Ep. 48
Today, we’re talking about all of the ways DFY differs from traditional Turnkey Providers and the ever-so-popular Buy, Rehab, Rent, Refinance, Repeat model. “ One of the ways DFY differs from other companies is that we’re long-term thinkers. ” - Kevin Clayson The idea for today’s episode actually came from a conversation Kevin had with one of our listeners. Kevin asked him, what he wanted to hear us talk about? His answer: he wanted to know what makes the DFY model different from Turnkey and BRR...
Jul 19, 2021•43 min•Ep. 47
We’re talking to Gary Norris, one of the best DFY Real Estate acquisition directors, about opening a new market in Oklahoma City. “I want all DFY clients to look at Oklahoma City and say, this is the city I want to invest in.” - Gary Norris As we mentioned many times on this podcast, we’re constantly vetting different markets. The demand for properties and increase in clients simply warrants going into a new market. We’re glad to announce that we’re opening a new DFY market in Oklahoma City. The...
Jul 12, 2021•40 min•Ep. 46
In this episode, we talk to Buck Sexton, former CIA operative, co-host of The Clay Travis & Buck Sexton Show, and our latest clients about real estate investments for really busy people. “The way we work in this country has changed forever, and it’s not going back.” - Buck Sexton To say that Buck Sexton has led an interesting life would be an insult. Buck worked both as a CIA officer and a counterterrorism expert with the NYPD. He also worked as a national security editor for TheBlaze.com , ...
Jun 25, 2021•38 min•Ep. 45
We’re discussing what you need to win deals in today’s market, the importance of building relationships with suppliers, and various negotiation techniques that will help you do it. “ We know relationships are important. But would somebody just think all the way I'm going to win deals in a historically tight market is by building relationships?” – Kevin Clayson The housing market hasn’t been this tight in a while. At the start of spring 2021, homes in the United States sold 20 days faster , compa...
Jun 03, 2021•38 min•Ep. 44
We’re talking about the power of one. Why your actions matter and why you need to make action-based decisions both in your private life and real estate. “Our individual actions, that’s where power comes from. That’s where the impact comes from.” – Steve Earl In this episode, we’re doing something different. We’re not talking about something simple and straightforward. There’s no discussion about the mechanics of property management. We’re talking about the power of one. What do we mean by it? We...
May 19, 2021•40 min•Ep. 43
We bring you one of our favorite clients - the one and only Erik Schaumann! Eric started investing in real estate with us a little over 10 years ago. Today, he is completely retired from his passive real estate income! Tune in to find out how we achieved that outcome. “At the end of the day, replacing your income depends on the standard of living you want to have.” - Steve Earl Erik relied on simple and conservative single-family residential real estate to replace his income. And if you listened...
May 03, 2021•49 min•Ep. 42
We dive into real estate partnerships, how they should be established, what the various parts of a partnership deal should be, and how much each partner should be making inside of the partnership transaction. “Principle-based partnership means that everybody needs to come to the table with value.” - Steve Earl Real estate partnerships are common, but we are often asked how they work. In our experience, there are three parts to a real estate partnership: the money partner, the credit partner, and...
Apr 26, 2021•32 min•Ep. 41
The supply is low and the demand is high - we’re sure that’s not news to you. But why is the inventory so tight? What are the factors contributing to this situation? In this episode, we explain what’s going on in the market. We also examine whether there’s a realistic possibility of an upcoming crash. “When inventory is low and demand is high, you want to be on the right side of the supply and demand curve.” - Kevin Clayson This market situation didn’t develop overnight. Sure, COVID has contribu...
Apr 19, 2021•34 min•Ep. 40
You know what makes Done For You Real Estate unique on the market? If you don’t, you’re about to find out! Kevin went on The Best Real Estate Investing Advice Ever Podcast to address our moneyball real estate investing philosophy and explain how we build wealth by investing in simple, single-family properties. “When you're starting out in real estate, don't try to hit home runs. Go play real-life moneyball with real simple real estate.” - Kevin Clayson Here at DFY, we don’t try to make millions ...
Apr 12, 2021•26 min•Ep. 39
Looking for a turnkey provider that fits your needs? It’s not as easy as one might think! There are definitely some tips and tricks to keep in mind and today we’ll see what they are. This episode is Kevin’s interview with Chris Miles on his podcast The Chris Miles Money Show. Chris has been in the financial industry for a very long time and he’s our great friend. Because a lot of his wealthy clients are looking for real estate, Chris asked Kevin to come on the show and share his knowledge on tur...
Apr 05, 2021•24 min•Ep. 38
People think there’s no liquidity in real estate. That’s just no accurate. When done right, real estate can be liquid. We’re all about replacing your income and naturally, that comes with a cash flow! But, liquidity in real estate isn’t as simple as swiping your card at the ATM… There’s are tips and tricks to increase the value of your dollar, so tune in to find out what they are! “Liquidity is more of a tangible asset in real estate than ever before, especially when it comes to single-family ho...
Mar 29, 2021•30 min•Ep. 37
Our guest today is our very own Mike Chamberlain who will walk us through the real numbers of successful real estate deals. This is an actual case study of results a client has created, buying real estate across multiple markets over multiple years. With conservative investing that we do at Done For You Real Estate, these are the kind of numbers we expect to see from most of our deals. Mike has a background in financial advising on the stock market, so we will also touch on some benefits of real...
Mar 22, 2021•36 min•Ep. 36
Many real estate investors think you have to buy a deal with equity built-in, meaning you have to buy a deal that is worth more than you are paying. But real long-term success in real estate proves that you make equity over time - you don't have to buy with it baked in. In fact, let’s revamp the concept of what a good deal is, and let’s consider what a purchase-worthy property might be. Now, this may not fit your traditional real estate education, but in our long career, we’ve found that purchas...
Mar 15, 2021•35 min•Ep. 35
We’re back! And today we want to break down the current situation in the market and discuss the supply and demand issue. If you’re in the real estate space, you know supply is lower than ever! We’re also seeing a lot of demand, and buyers often end up walking empty-handed. There are multiple offers for every bid and the space is getting increasingly competitive. “If you can find supply, you should be taking swift action.” - Kevin Clayson And to think many were predicting a crash this time last y...
Mar 08, 2021•32 min•Ep. 34
This week on the podcast, we’re joined by none other than the great Don Pendleton! Don is the Protect Wealth Academy co-founder and a renowned expert on asset protection. Anybody serious about real estate investing should also understand why it’s so important to protect your assets. “The legal system is somewhat stacked against you.” - Don Pendleton As we’ve previously said so many times on the show, every investment carries a certain amount of risk. And as you know, we don’t believe in running ...
Feb 08, 2021•42 min•Ep. 33
We’re back, everyone! And in the first episode of 2021, we’ve prepared a very special treat for you. Today’s episode features two awesome guests, and they’re here to help us break down the exciting topic of self directed IRAs. “Self directed IRAs give you back the control so that you’re the one calling the shots for what your financial future should look like.” - Kevin Clayson Please help us welcome Mat Sorensen and Nathan Larsen! Mat is the foremost expert on the topic of self directed IRAs. He...
Jan 14, 2021•53 min•Ep. 32
After the 2020 elections, some of our clients have expressed concerns about the future of the real estate industry. You know we avoid discussing politics unless it affects real estate directly. And since every administration change inevitably leaves a mark on the industry, we feel like this is an important topic to address at this moment. So we know some people are worried about what the incoming Biden administration means for real estate. The most burning questions usually include the evection ...
Dec 28, 2020•34 min•Ep. 31
I’m sure you’ve encountered some online ads from the so-called real estate “gurus”. They usually brag about how much money they have, flashing wads of cash in your face, or showing off expensive sports cars… All while promising their method will turn you into a real estate millionaire. But is that really what being a millionaire is all about? “There is a variety of ways for defining a real estate millionaire.” - Kevin Clayson It’s true that real estate investing CAN help you become a millionaire...
Dec 21, 2020•32 min•Ep. 30
Should you be doing your own property management? It’s one of those evergreen questions, and Steve and I’ve been hearing it pretty regularly over the years. The idea behind it is very appealing... At least in theory. And the reasoning is simple - If you do the work yourself, you won’t need to hire anyone to do it for you. Your expenses go down significantly each month, and you save quite a few bucks in the process. Sounds good on paper, but there’s still a lot of stuff hiding underneath the surf...
Dec 14, 2020•24 min•Ep. 29
This week, I’m thrilled to be joined by Mike Fritz, the CEO of Titanium Captial Investments, and a dear, dear friend. Mike and I met a while back through a mastermind. We’ve been close ever since, bonded by our mutual passion for helping people create freedom through real estate investing. In previous episodes, we’ve talked a lot about how and why we prefer investing in single-family residences. And one of the reasons I was so excited about having Mike on the show is that his way of going about ...
Dec 08, 2020•43 min•Ep. 28
With Thanksgiving just around the corner, we dedicate this episode to discussing a topic very near and dear to my heart - gratitude. Years ago, I set out to write a book on this very subject. As I was going through some deeply challenging times, the word itself just came to me out of nowhere! I literally felt compelled to write a book about gratitude, and the question I wanted to answer was pretty straightforward. “It’s easy to be thankful when things go your way. But what about the times when t...
Nov 23, 2020•41 min•Ep. 27
