Replace Your Income

The podcast episode delves into Jesse Kelly's remarkable journey, tracing his path from a construction background to political activism and media success. Jesse shares anecdotes from his upbringing in Ohio, where he was raised in a family entrenched in construction work. Despite initially pursuing a conventional college path, Jesse's lackluster academic performance led him to embark on a different trajectory. He candidly admits to being a "terrible student," especially once he discovered the distractions of high school life.

Feeling a sense of maturity and a desire to serve his country, Jesse made the impulsive decision to join the Marines, inspired by his love for military literature. His abrupt enlistment surprised his family and friends, but Jesse was resolute in his choice. Following his service in the Marines, including deployment to Iraq, Jesse returned to his family's construction business. However, his thirst for new challenges eventually led him to Arizona, where he immersed himself in talk radio while working construction jobs.

Driven by his burgeoning interest in politics, Jesse made another impulsive decision to run for Congress in Arizona, despite having no prior political experience. Although he ultimately lost the election, Jesse's foray into politics laid the groundwork for his future endeavors. Subsequent moves to Washington, D.C., and eventually to Texas, where he found success in media, showcased Jesse's resilience and adaptability.

Throughout his journey, Jesse emphasizes the importance of taking risks and embracing opportunities, even when they seem daunting or unconventional. He recalls the sage advice of his mentor, Michael Berry, who instilled in him the mindset that "you never know who's listening." Jesse's willingness to seize the moment and pour his energy into every endeavor ultimately paid off, leading to unexpected opportunities in radio and television.

The episode also explores Jesse's philosophy of consistency and urgency in pursuing one's goals. Despite facing setbacks and financial hardships along the way, Jesse's unwavering commitment to his principles and his willingness to put in the hard work positioned him to capitalize on unexpected opportunities. As the hosts reflect on Jesse's journey, they admire his authenticity and resilience, recognizing him as a role model for staying true to oneself and making a meaningful impact in any endeavor.

00:00 Intro

3:05 Jesse's Background

14:58 You Never Know Who's Listening

18:35 Meaning

20:58 Wrap Up

Curtis Ray lives in Arizona native, is married with 5 Children, a Collegiate Wrestler at ASU, an Amazon Best Selling Author- “Everyone Ends Up Poor”, an Inventor of MPI, and a Business Owner.

In this episode of Replace Your Income, you'll get to understand Curtis' background, his inventions, and the power of secure compound interest.

00:00 Intro

2:00 Growing Up

7:00 The Big Three

11:30 Premium Financing

23:51 Everyone Ends Up Poor

36:10 Learn More

In this podcast episode on Real Estate HELOCs, the hosts explore the concept of HELOCs (Home Equity Lines of Credit) and their potential financial benefits. They clarify that HELOC stands for Home Equity Line of Credit, emphasizing its significance for homeowners seeking to leverage the equity in their home. The hosts discuss the misconceptions surrounding HELOCs, particularly an influencer's claim that obtaining one is like getting "free money" from the bank.

They delve into the practical aspects of HELOCs, explaining how individuals can use them to access funds for various purposes, including real estate investments. The hosts outline the key qualifications for obtaining a HELOC, such as homeownership, equity in the property, and a good credit score. They stress the importance of understanding the terms and conditions of different HELOC offers from various banks or credit unions.

The episode covers the potential uses of HELOCs, ranging from basic investment capital for real estate acquisitions to creating a financial safety net for unexpected expenses related to property ownership. The hosts share insights on leveraging HELOCs strategically, including a concept they call "Moneyball Banking." This strategy involves utilizing HELOCs based on Moneyball principles to gain a financial advantage for investing in additional real estate.

Overall, the podcast aims to educate listeners on the value of HELOCs when used wisely, providing practical tips on how to qualify, apply, and make strategic financial decisions with Home Equity Lines of Credit.

Chapters: 

00:00 Merry Christmas!

1:30 Football 

4:00 What's a HELOC?

9:35 Simple math

17:55 Should you do it?

22:00 Over time

26:00 Discipline 

29:49 Moneyball Banking

Episode 101: Kevin and Steve emphasized that only 5% of Americans are engaged in real estate investment, linking this to the mindset of consumers versus producers. They argued that the wealthiest individuals thrive because they invest, build businesses, and provide services. The conversation touched on the impact of stimulus checks, with a prediction that the money would ultimately end up in the hands of the top 1% due to their investment mindset. The hosts encouraged listeners to shift their mindset, overcome fear, and take steps towards real estate investment, citing tax advantages and a wide-open opportunity. The episode concluded with a passionate call to action for individuals to expand, become producers, and recognize their God-given right to thrive.

The Replace Your Income Podcast is geared towards regular individuals seeking financial empowerment through real estate investment. The hosts, Kevin and Steve, target those who may have hesitations or uncertainties about venturing into real estate. The podcast addresses common barriers to entry, offering insights, strategies, and success stories to inspire and guide listeners.

The discussions on real estate in the podcast serve a dual purpose. First, they aim to shift the mindset of potential investors, encouraging them to overcome fear and take action. The hosts stress the importance of becoming producers in the real estate equation, highlighting the potential for financial growth and the positive impact on household income.

Second, the podcast delves into practical aspects of real estate, such as tax advantages and market opportunities. By providing information on how to navigate the real estate landscape, the hosts empower listeners to make informed decisions and take steps towards building a real estate portfolio. Overall, the Replace Your Income Podcast serves as a resource for those looking to transform their financial future through real estate investment.

0:00 - Happy Holidays!

2:30 - Statistic 1

11:12 - Monopoly

13:44 - The Rich

19:40 - Statistic 2

28:30 - Thriving Economics

31:50 - Statistic 3

35:15 - Who Profits

Cheri shared her real estate journey, emphasizing the power of buying property early and holding onto it. She discussed her experience with a property in Kissimmee, Florida, purchased in 2014 for $108,000, which has appreciated significantly over the years. Cheri highlighted the importance of due diligence, working with credible partners, and the impact of having a good property management company. She also touched on the stability and benefits of her investment, providing valuable advice for those considering real estate. The episode showcased how even a single well-managed property can have a profound impact on one's financial future.

0:00 Into

4:50 Seller Concessions

9:50 Introducing Cheri McCurdy 

15:50 Planting a Shade Tree

24:00 Magical Money Machine

29:40 Typical Client Experience 

In Today's episode of the Replace Your Income Podcast, hosts Kevin Clayson and Steve Earl engaged in a comprehensive discussion touching upon various aspects of financial literacy, credit management, and amortization. The episode also featured Kevin's exciting purchase of a Tesla Model 3, which served as a practical example for exploring tax advantages and strategies within the context of investments.

The hosts began by emphasizing the importance of financial literacy, shedding light on how a solid understanding of financial principles contributes to making informed decisions. They underscored the significance of comprehending concepts such as credit management and amortization, both of which play crucial roles in financial planning.

The hosts passionately shared their belief that all roads lead to real estate when it comes to building lasting wealth. They elaborated on the numerous benefits and opportunities that real estate investments offer, emphasizing their potential to create passive income and financial security.

Throughout the episode, Kevin and Steve aimed to empower listeners with practical insights and actionable strategies for achieving financial independence. By integrating tangible examples, including Kevin's Tesla purchase, the hosts effectively bridged the gap between theoretical financial concepts and real-world applications.

In summary, the episode encapsulated a holistic approach to financial literacy, credit management, and amortization. Through engaging discussions and relatable examples, Kevin Clayson and Steve Earl provided valuable insights to help listeners navigate their financial journeys and leverage the power of real estate for lasting wealth.

Chapters: 

0:00 - New Car

3:50 - Financial Literacy 

10:25 - Debt vs Leverage 

18:30 - All Roads Lead to Real Estate 

19:50 - It's About What You Keep

23:02 - Credit

31:43 - Closing Thoughts 

Read me for the summary of the chapter summaries of Micro Wins to Millions (Principles 4-12)!

Principle 4: The Power of Leverage In this chapter, Kevin and Steve explore the concept of leverage, challenging common perceptions. They emphasize that everyone leverages resources, whether it's knowledge, technology, or expertise. The principle encourages utilizing given advantages to maximize results while minimizing effort, showcasing the application of leverage in real estate, especially through mortgages.

Principle 5: Success Mapping The idea of starting from where you are is crucial in this chapter. Kevin and Steve highlight the importance of creating a personal game plan, establishing goals, and reverse engineering the path to achieve them. Success mapping involves recognizing your current position and strategically planning the journey to your desired destination.

Principle 6: Success is Earned, Not Given The authors stress the significance of acknowledging micro wins along the journey. They introduce the heart of the Moneyball real estate formula, revealing their secret sauce. While success might only be visible once achieved, they emphasize the continuous effort, application, and execution required, making success an earned accomplishment.

Principle 7: Keeping Proper Perspective Shifting one's view to reveal success is the essence of this chapter. Kevin and Steve delve into market selection as a critical aspect of real estate success. They discuss the importance of maintaining the correct perspective, concentrating on choosing the right markets, properties, and conditions that lead to desired results.

Principle 8: Success is Magically Formulaic In this chapter, Kevin and Steve demystify success, likening it to magic created through repetition. They emphasize the significance of doing the right things consistently, especially in real estate. The authors reveal their property analysis framework, showcasing how measuring specific numbers leads to powerful and seemingly magical results, transforming real estate singles into income-replacing assets.

Principle 9: Trust the Experts to Do Expert Level Work The chapter underscores the importance of delegating tasks to experts. Kevin shares a personal perspective shift, embracing his lack of expertise in certain areas and focusing on his strengths. The real estate application advises relying on expert real estate teams for services, allowing individuals to concentrate on their strengths while seasoned professionals handle the complexities of real estate management and strategy.

Chapter 10/Principle 10 - Do It Now

The podcast emphasizes the critical principle of taking action immediately for success.

Urges listeners not to wait for the "perfect" moment but to start their journey now.

Highlights that waiting for ideal conditions might hinder progress, and success often comes from seizing opportunities in the present.

Shares real-life examples and anecdotes illustrating the impact of immediate action on achieving goals.

Chapter 11/Principle 11 - Beyond the Benjamins

Explores the principle of living a fulfilled life beyond the pursuit of wealth.

Discusses the distinction between accumulating money and achieving economic independence.

Encourages listeners to define their own version of economic independence rather than blindly pursuing a monetary goal.

Illustrates the concept with stories of individuals who have found contentment and success by focusing on holistic life satisfaction.

Chapter 12/Principle 12 - The Power of One

Delves into the profound impact that a single choice, represented by "The Power of One," can have on one's financial future.

Discusses the ripple effect that owning one property can create, not only transforming individual financial situations but also influencing future generations.

Encourages listeners to recognize the significance of their choices and actions beyond immediate outcomes.

Shares practical insights and examples of how the power of one property can be a catalyst for lasting change and financial security.

Podcast Chapters: 

0:00 Introduction 

1:00 What's on Deck

4:15 Principle 4

7:20 Principle 5

10:30 Principle 6

13:40 Principle 7

19:00 Principle 8 

22:25 Principle 9

25:35 Principle 10 

29:40 Principle 11

33:20 Principle 12

Microwins to Millions by Kevin Clayson and Steve Earl

Dive into the timeless wisdom of "Microwins to Millions," where Kevin Clayson and Steve Earl unlock the secrets to a meaningful and victorious life. This book is not just a roadmap; it's a timeless guide that you can revisit in 20 years, applying its principles to every aspect of your life—be it business, love, or personal growth.

In Chapter 1, "Stacking Microwins," the authors reveal the power of accumulating small victories to construct monumental successes. It's not about thinking small; it's about thinking big and executing the little things that lead to extraordinary achievements. The philosophy is clear: stack microwins, and you'll find yourself exactly where you aspire to be.

Chapter 2, "Celebrate the Journey Not the Arrival," emphasizes the importance of finding joy in the journey itself. Kevin and Steve share personal experiences, from Steve's incredible journey to qualify for the Boston Marathon to Kevin's honeymoon in Hawaii. The narrative challenges the common focus on the destination, urging readers to savor each step along the way. Work isn't just a means to retirement; it's an opportunity for fulfillment. Kevin's realization during his honeymoon echoes this sentiment, highlighting the importance of enjoying the journey rather than fixating on reaching the destination.

Chapter 3, "Reframing Progress," measure progress not shortcomings. Read also, The Gap and the Gain by Dr. Benjamin Hardy. The gap is where we measure our current selves with our ideals. There is another way. You can measure backward! 

In essence, these initial chapters are a compelling invitation to measure progress not solely by the endpoint but by the richness of the journey itself. "Microwins to Millions" is not just a book; it's a philosophy of stacking victories, celebrating each step, and building a life that resonates with meaning.

Chapters

0:00 Introduction 

3:37  Background

8:03 Quick market update

11:05 The principles we teach

19:58 Principle 1

21:45 Principle 2

28:38 Principle 3 

33:08 Close 

Resources:

• Sign up for Don’s FREE Webinar Series: CLICK HERE
• Learn more about Done For You Real Estate: VISIT HERE
• Get a FREE Income Replacement Estimate (IRE): APPLY HERE
• Register for our FREE Monthly Webinar Series: SIGN UP HERE--

SUBSCRIBE for more Replace Your Income:

https://bit.ly/ReplaceYourIncomePodcast

If you enjoyed this episode, please rate and review our podcast. Thank you for your support!

--

And remember...

Income replacement for you and your family may only be one property away!

In this insightful bonus episode, Kevin and Steve unpack the strategies around interest rate buydown, providing a comprehensive guide for investors. The discussion highlights the dual benefits of seller concessions and the buyer's investment in buying down the interest rate.

Steve emphasizes that sellers can assist buyers by contributing to the interest rate buydown, creating a win-win situation. Exploring the buyer's perspective, he delves into the nuances of buying down the rate, stressing the importance of finding the optimal investment amount. While there are diminishing returns, strategically investing in the rate buydown can significantly enhance cash flow.

Steve shares a personal story, illustrating the powerful impact of an interest rate buydown on his own property. By framing the buydown as an investment rather than a cost, he showcases how it yielded a remarkable return—demonstrating the philosophy of turning challenges into opportunities.

The episode concludes with a reminder that this market presents a fantastic opportunity for buyers. By adopting a proactive mindset and leveraging tools like interest rate buydown, investors can navigate the market effectively and avoid missing out on substantial opportunities.

Resources:

• Sign up for Don’s FREE Webinar Series: CLICK HERE
• Learn more about Done For You Real Estate: VISIT HERE
• Get a FREE Income Replacement Estimate (IRE): APPLY HERE
• Register for our FREE Monthly Webinar Series: SIGN UP HERE--

SUBSCRIBE for more Replace Your Income:

https://bit.ly/ReplaceYourIncomePodcast

If you enjoyed this episode, please rate and review our podcast. Thank you for your support!

--

And remember...

Income replacement for you and your family may only be one property away!

In today's episode, we walk you through the life of a small business influencer, Spencer Mecham! 

But first, be sure to check out his YouTube channel! https://www.youtube.com/@Buildapreneur

Spencer embarked on a transformative journey from being a duplex owner to evolving into a hands-off real estate investor in Indianapolis. This shift involved navigating the complexities of buying property in another state, specifically Indianapolis, where he had never been nor resided.

During this transition, Spencer grappled with mental apprehensions about remote property ownership. He shared his initial hesitations, driven in part by stories of property management nightmares he had heard. He and his wife were deeply attached to their property and felt that nobody else could care for it as they did. The added challenge of being physically distant from the property compounded his concerns.

Despite these apprehensions, Spencer decided to venture into real estate investment, beginning with Indianapolis. He credited his coach, Adam, for providing guidance and support that helped him overcome his initial reservations. As a result, Spencer expanded his real estate portfolio, acquiring a total of five properties, including one in Oklahoma.

The motivation for growing his real estate holdings stemmed from the need for tax breaks, as well as the opportunity to leverage accelerated depreciation. Additionally, he mentioned using the equity in his properties to strategically refinance, which facilitated further acquisitions. Spencer's journey from one property to five was fueled by a combination of financial strategies and coaching support, all while being inspired by the principles he learned from "Rich Dad, Poor Dad."

Resources:

• Sign up for Don’s FREE Webinar Series: CLICK HERE
• Learn more about Done For You Real Estate: VISIT HERE
• Get a FREE Income Replacement Estimate (IRE): APPLY HERE
• Register for our FREE Monthly Webinar Series: SIGN UP HERE--

SUBSCRIBE for more Replace Your Income:

https://bit.ly/ReplaceYourIncomePodcast

If you enjoyed this episode, please rate and review our podcast. Thank you for your support!

--

And remember...

Income replacement for you and your family may only be one property away!

Episode Summary

This week on Replace Your Income we interviewed a couple who turned up the heat on their investing strategy. Eight years ago, Pat and Kat started their real estate journey with us, and what a ride it's been! They embarked on this adventure in 2015, making a gutsy move by liquidating their Roth IRA, which was worth a cool $180k at the time. 🚀💸

Their strategy was simple yet effective: they purchased 3 properties during this time and, in the process of eight years, grew to 8 properties. This raked in a whopping $800,000 in equity. But what's their secret sauce, you ask? Well, they're all about the art of "waiting." They took a short-term hit for a long-term gain, and boy, did it pay off! 📈💥

Pat and Kat have been exceptional stewards of their investments, even navigating the challenges of three hurricanes in our Florida market. They've had tenants almost the entire time, and with the support of our excellent property managers, they've had all the help they've needed. 🌀🏠

In 2018, they made another move by cashing out on one property. With the proceeds and a bit more, they transformed a single house into two lucrative investments. But their strategic patience shines through; they're waiting for their portfolio to double every 5-6 years before making it their primary income source. 

The best part? They've crafted a stress-free, secure future for their family, all thanks to their wise investments. Tune in to the podcast episode for more invaluable insights from this savvy investing pair! 🎧

Episode Timeline: 

3:32 - Introduction to Pat and Kat

5:00 - $800,000 in equity

10:35 - How they got started with 180K to invest 

19:28 - How do they define the term "wait?" 

31:00 - The opportunity they want to enjoy after this short-term cut

35:00 - Their "sleep well at night account" 

36:53 - Closing thoughts/advice 

Resources:

• Sign up for Don’s FREE Webinar Series: CLICK HERE
• Learn more about Done For You Real Estate: VISIT HERE
• Get a FREE Income Replacement Estimate (IRE): APPLY HERE
• Register for our FREE Monthly Webinar Series: SIGN UP HERE--

SUBSCRIBE for more Replace Your Income:

https://bit.ly/ReplaceYourIncomePodcast

If you enjoyed this episode, please rate and review our podcast. Thank you for your support!

--

And remember...

Income replacement for you and your family may only be one property away!

Episode Summary

A Teacher's Journey from Oregon to Florida: The "Rinse and Repeat" Success Story! 

Hey there, amazing listeners! It's Kevin Clayson, and today I want to introduce you to someone who embodies the essence of seizing opportunities and making your financial future a priority – our guest, Jeff. 

📚🌲 Jeff is a high school German teacher in Oregon, passionate about educating young minds and making a difference. While teaching is his calling, he knew that relying solely on his 401k and IRA wouldn't quite cut it when it came to securing a comfortable retirement. That's when he stumbled upon us at DFY Real Estate, thanks to our radio presence. 

💡🏡 Listening to our approach, Jeff saw an opportunity to bridge the gap between his current situation and the retirement he envisioned. With that spark of insight, he dived into the world of real estate investment with DFY. Fast forward, and Jeff now owns multiple properties in the sunny state of Florida, all while continuing his work as an educator. 

🔄🌞 Jeff aptly describes his journey with us as "rinse and repeat" – an ever-growing cycle of successful investments that are propelling him towards a financially secure retirement. It's stories like Jeff's that remind us that by taking calculated steps towards your goals, you can achieve incredible outcomes that may have once seemed out of reach. 

Stay tuned as we delve deeper into Jeff's inspiring journey and gain valuable insights into how real estate investing can transform your financial landscape. Remember, it's never too late to rewrite your future! You are just one property away! 

Resources:

• Sign up for Don’s FREE Webinar Series: CLICK HERE
• Learn more about Done For You Real Estate: VISIT HERE
• Get a FREE Income Replacement Estimate (IRE): APPLY HERE
• Register for our FREE Monthly Webinar Series: SIGN UP HERE--

SUBSCRIBE for more Replace Your Income:

https://bit.ly/ReplaceYourIncomePodcast

If you enjoyed this episode, please rate and review our podcast. Thank you for your support!

--

And remember...

Income replacement for you and your family may only be one property away!

Key Takeaways:

• (3:20) Introduction to Andrea Barnes
• (4:15) Our trajectory was changed
• (8:00) We were new to real estate 
• (14:10) How much time it takes with a DFY System 
• (23:00) The team makes a difference 
• (29:00) The things you must take charge of in order to sit back 
• (37:00) Final thoughts and value you can understand 

Additional Resources:

• Sign up for Don’s FREE Webinar Series: CLICK HERE
• Learn more about Done For You Real Estate: VISIT HERE
• Get a FREE Income Replacement Estimate (IRE): APPLY HERE
• Register for our FREE Monthly Webinar Series: SIGN UP HERE--

SUBSCRIBE for more Replace Your Income:

https://bit.ly/ReplaceYourIncomePodcast

If you enjoyed this episode, please rate and review our podcast. Thank you for your support!

--

And remember...

Income replacement for you and your family may only be one property away!

Key Takeaways:

• (2:45) Introduction to Jodi
• (6:00) Our baseline
• (8:04) We're super excited about Indy
• (14:00) A purchase-worthy property 
• (14:50) Update on Indy as it is today 
• (20:30) Specialized Property Management 
• (27:12) Final thoughts 

Additional Resources:

• Sign up for Don’s FREE Webinar Series: CLICK HERE
• Learn more about Done For You Real Estate: VISIT HERE
• Get a FREE Income Replacement Estimate (IRE): APPLY HERE
• Register for our FREE Monthly Webinar Series: SIGN UP HERE

--

SUBSCRIBE for more Replace Your Income:

https://bit.ly/ReplaceYourIncomePodcast

If you enjoyed this episode, please rate and review our podcast. Thank you for your support!

--

And remember...

Income replacement for you and your family may only be one property away!

Key Takeaways:

• (2:18) Introduction to the Game Plan
• (3:50) The beginnings of the Game Plan - The Napkin Presentation
• (7:34) How we are better because of the evolution of our Game Plan
• (11:24) A real-life example
• (17:52) Football analogy
• (23:04) Economic independence could be one property or more than ten properties
• (31:46) What the Game Plan / Property analysis
• (35:03) Your Game Plan RIGHT NOW: Get Your Next Property As Quickly As Possible.  

Summary: 

Hey there, fellow listeners! Kevin Clayson here, and I'm thrilled to share the incredible benefits of our Game Plan Review and Property Analysis at Done For You Real Estate. In this episode we will dive into the evolution of the GPR by relating it to a recent football documentary I've found on Net

Imagine this: you've already got a few successful investment properties under your belt, but you're hungry for more. Our Game Plan Review is designed to take your real estate portfolio to the next level. We'll sit down together and dive deep into your financial goals, risk tolerance, and long-term vision. Our team of experts will craft a customized game plan tailored specifically to your needs, ensuring every move aligns with your unique objectives.

But that's not all! Our Property Analysis is the icing on the cake. We'll carefully assess potential properties for you, thoroughly examining market trends, rental potential, and cash flow projections. This means you can confidently add the right properties to your portfolio, making sure each one is a solid, cash-flowing asset. No more second-guessing – we've got you covered!

So, what are you waiting for? It's time to take action and pick up your next property with the guidance and support of Done For You Real Estate. Let's unlock your true investment potential and build a future that's financially secure and abundant. Your success story awaits, and we're here to make it happen – one property at a time.

Additional Resources:

• Sign up for Don’s FREE Webinar Series: CLICK HERE
• Learn more about Done For You Real Estate: VISIT HERE
• Get a FREE Income Replacement Estimate (IRE): APPLY HERE
• Register for our FREE Monthly Webinar Series: SIGN UP HERE

--

SUBSCRIBE for more Replace Your Income:

https://bit.ly/ReplaceYourIncomePodcast

If you enjoyed this episode, please rate and review our podcast. Thank you for your support!

--

And remember...

Income replacement for you and your family may only be one property away!

In this episode of Replace Your Income, we dive into the concept of "the wealth is in the waiting" and explore the power of patience in real estate investing.

🌾 Steve is in Canada!

Our host, Steve, reminisces about his time in Canada as he's back on the farm.

💥 The 2008 Market Crash:

We discuss the 2008 market crash and how it provided an incredible opportunity for investors. While many panicked, those who recognized the power of long-term investing reaped substantial wealth as property values rebounded over the next decade.

📉 Understanding FOMO - The Fear of Missing Out:

FOMO, the fear of missing out, is a common emotion that can influence investors to make hasty decisions. We explore the dangers or the gain of FOMO in real estate and why it's essential to avoid succumbing to impulsive actions. We wouldn't be doing our job right if we didn't tell you that right now is a great time to buy real estate because competition is low.

🏰 The Power of Patience:

Patience, as a virtue in real estate investing, can lead to significant wealth accumulation. We discuss the benefits of holding onto properties for an extended period and how the right timing can yield substantial returns.

Tune in to this insightful episode, where we emphasize the importance of strategic decision-making and the wisdom of "the wealth is in the waiting." Don't miss out on our valuable tips for long-term real estate success! 🌟

#DFYRealEstate #PodcastEpisode #RealEstateInvesting #WealthBuilding #FOMO #PatiencePaysOff #TheWealthIsInTheWaiting

In today's episode, we visit with ILE CEO Mahesh Shetty and VP of Acquisitions Dan Brady. Years ago, Mahesh presented the idea of creating wealth for investors through single-family home investments. These two incredibly accomplished men used their experience, technology, and synergies to create ILE. Search ilehomes.com for more information. 

Single-family rentals are easier to market if you have a specific buy box. Some "red flags" investments include those that are under high-tension powerlines, located around commercial buildings or corner stores and any home near a busy highway. The market opportunity for investing in single-family homes is over 5 TRILLION dollars! There is enough for everybody if you still want a piece. 

Introduction to Mahesh and Dan (0:00 - 2:30)

The one thing we all can agree on (2:30 - 3:00) 

The Story of ILE (3:00 - 7:51) 

The ILE Buy Box (8:00 -  11:00) 

Technology (15:10 - 16:00)

Investment Real Estate and Wealth (19:35 - 27:20)

Signing Off (27:30 - 29:34) 

Welcome to the Replace Your Income Podcast! 

Key Takeaways

• Meet Gary (0:45)
• How Gary got started in real estate (6:50)
• Opening the Dallas market (13:36)
• Where are we SPECIFICALLY investing? (20:54)
• Approving investment properties takes three sets of eyes (23:00) 
• The experience of investing in Texas (31:18)
• Last words (37:08)
• Signing off (38:20)

Additional Resources 

• Learn more about Done For You Real Estate: VISIT HERE
• Get a FREE Income Replacement Estimate (IRE): APPLY HERE
• Find out if you’re on track to retire in 60 seconds: TAKE THE QUIZ

--

SUBSCRIBE for more Replace Your Income:

https://bit.ly/ReplaceYourIncomePodcast

If you enjoyed this episode, please rate and review our podcast. Thank you for your support!

--

And remember...

Income replacement for you and your family may only be one property away!