Replace Your Income

By Kevin Clayson, Steve Earl

Are you ready to replace your income? Each week Kevin Clayson and Steve Earl, founders of Done For You Real Estate, will share how you can do that by playing real-life Moneyball. This isn't a "swing f... more

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FAQs about Replace Your Income:

How many episodes does Replace Your Income have?

The podcast currently has 117 episodes available.

Replace Your Income episodes:

July 12, 2021New Market Announcement - OKLAHOMA! Where The Profits Come Sweeping Down The Plains
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 decision to open an OKC market didn't come out of nowhere. We needed to do some research first. When we decided to go into a new market, a few months ago, we contacted Gary Norris.
We’ve had a relationship with Gary for more than 10 years, and we were really excited when he accepted our invitation to become a member of the DFY team. Back in 2000, Gary became interested in real estate.
Just five years later, he quit his job as a pharmaceutical sales rep to become a full time investor. Since then, he’s actually flipped nearly 100 properties, using his masterful negotiation tactics. He actually did a ton of research to help us determine which market we should expand to.
Tune in to hear how we met Gary, how our relationship developed over the years, and how he joined the DFY Real Estate team and helped us decide to open a market in Oklahoma City.
Key Takeaways:
Opening a new DFY Real Estate market in Oklahoma City (03:42)
Who is Gary Norris and how he became a member of DFY Real Estate (06:55)
How Gary became a real estate agent and how he met (09:24)
Gary’s journey researching different real estate markets (12:23)
32 different criteria for picking a great market for investment (18:36)
How Oklahoma City checks all of the major boxes (22:54)
What’s the feel of Oklahoma City and the style of homes (26:31)
How Gary works with clients and what sets him apart from other agents (30:56)
Future announcements and investing in the OKC market (34:52)
Additional Resources:
To get in touch with Gary Norris: 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
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FOLLOW 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!
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And remember...
Income replacement for you and your family may only be one property away!
...more
40min
June 25, 2021The Definitive Real Estate Answer For Really Busy People
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, the media network founded by Glenn Beck.
If his name sounds familiar, that’s probably because you’ve heard about “The Buck Sexton Show” which aired on more than 200 stations across the country. Buck, alongside Clay Travis, is also taking over the time slot once filled by the late talk radio king, Rush Limbaugh.
Oh, he also has a TV show of his own, coming to the air in the next few months.
Yes, Buck is a busy man. However, even with not a lot of time on his hands, he’s still one of our highest-earning clients. That’s because he’s investing in real estate the right way.
Tune in as we discuss how you can invest smartly, even when you have a lot on your plate.
Key Takeaways:
Introducing the guest, doing real estate on your own, and being busy (01:09)
The beginning of the Buck Sexton interview (08:30)
How Buck got his start in real estate investment and we started working together (11:47)
Many choices the real estate market gives you and its changed in the last years (16:53)
How the Internet impacted the real estate market (21:22)
Being recognized, working in news media, and renting properties in New York (24:50)
Good time to invest in real estate, COVID-19, and market demand (29:49)
How’s working with Buck Sexton and closing thoughts (34:02)
Additional Resources:
Get to know more about Buck Sexton: VISIT HERE
Follow The Clay Travis and Buck Sexton Show: 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
...more
38min
June 03, 2021How To Win Deals In This Historically Tight Housing Market
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, compared to the past several springs. The best properties are being snatched up fast. From the look of things, the market will remain like this for a while.
A recent study by Freddie Mac revealed that the housing market is 3.8 million single-family homes short of what is needed to meet America’s demand. That’s a 52% rise in home shortage compared to just three years ago.
If you want to profit, you must adapt. But how do you win deals in this historically tight market?
There’s one single thing we identified as the differentiating factor that allows us to continue to win deals, no matter the state of the market. That differentiator is relationships.
Key Takeaways:
For how long will the housing market remain so tight (01:58)
How relationships can help you win deals in a historically tight market (07:23)
Why you need to have a good relationship with builders (13:10)
Kip Tindell’s principle and how it can help you in the real estate market (14:50)
Negotiating strategies that make sense in a tight market (19:15)
Why you need to talk to your buying agent right now (27:30)
How determination, perseverance, and patience help you win deals (31:29)
Additional Resources:
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!
...more
39min
May 19, 2021The Power of One: Every Action You Make DOES Matter
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? Well, we’re discussing whether or not you have any power as an individual. Does your contribution have an impact? Can your actions change anything? Often times it doesn’t feel like it. That’s what we wanted to explore.
Buying a single property may be just a small part of your plan, however, that single action can impact dozens, if not hundreds of people. To start making action-based decisions, first you need to realize the impact your actions can have.
Key Takeaways:
Why your individual actions are important and the power of one (02:08)
Everything that’s happening around feels like it’s happening to us (05:14)
Having a principle-based approach is critically important (08:35)
What’s The Strangest Secret and why you need to read it (13:38)
How Kevin and Steve managed to switch their mind state (18:35)
Who are the real actual heroes in our lives (21:53)
How one seemingly insignificant property my change your career (26:38)
Actions impact individual economies (30:55)
Taking the first step and not comparing yourself to others (36:17)
Additional Resources:
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!
...more
41min
May 03, 2021Income Replacement Case Study: Peeling Back The Layers Of Actual Income Replacement
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 to this podcast before, you know this is our formula for real estate success. Erik started his real estate journey ten years ago with just one single-family property. Today he has nine properties in his portfolio and he’s completely replaced his income.
The best part? He’s been traveling the world and living his life while we did the work. We’re super excited to talk with him and to have you hear what a successful real estate journey looks like!
Key Takeaways:
Intro to this episode and Erik (01:10)
Why Erik decided to start investing in real estate (05:52)
What did the process of acquiring properties look like (09:57)
How long has it taken Erik to replace his income (14:19)
Avoiding the emotional attachment and looking at numbers (21:10)
Is there something Erik would have done differently? (27:58)
Erik’s advice for anyone thinking to jump in the game (30:40)
Success tips and tricks based on 10 years of experience (32:23)
How to figure out your investment goals (37:22)
Final thoughts and comments (44:59)
Additional Resources:
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
--
Follow 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!
...more
50min
April 26, 2021The Anatomy of Partnering: What You Need To Know About Real Estate Partnerships
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 the managing partner. Of course, you can partner with one or ten people in your deal, but what really matters the most is that everyone has clearly defined contributions and gains.
Without an agreement that outlines the terms of the partnership, you can expect a lot of issues down the road. In this episode, we explain how real estate partnerships work and what are some of the best practices that will ensure everyone in the partnership is happy.
Key Takeaways:
This is what a principle-based partnership entails (02:12)
The 3 main roles in a partnership and how they work (04:42)
An operating agreement is an absolute must (06:00)
Some of the reasons you might consider a partnership (09:16)
What can a credit partner expect inside a partnership (13:40)
This is the role of the money partner (19:16)
A managing partner is an important piece of the puzzle (22:45)
How to avoid common mistakes in real estate partnerships (24:00)
The questions to ask yourself before you decide to partner up (28:37)
Additional Resources:
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!
...more
33min
April 19, 2021Why Is Inventory So Tight? Here's Your Answer
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 contributed, but it all started way earlier. Increased demand has also been fueled by record historic low interest rates. All these factors and more come into play - if you’re thinking about investing in real estate, you need to be aware of what’s going on.
And of course, everyone’s been asking us whether we see a crash coming. Tune in to find out why we’re cautiously optimistic, and if you’re a DFY client, you’ll find out what this market situation means for you specifically!
Key Takeaways:
Short introduction (01:07)
If you’re in real estate, you know there’s an inventory shortage (03:08)
This is when the situation started developing (05:15)
The impact COVID had on the supply and demand curve (06:47)
How do interest rates play into all this (11:14)
Government spending is also a big factor here (13:57)
So… is the crash actually coming? (16:22)
This situation is completely different than 2008 (20:42)
If you are a DFY client, this is what you need to know (23:34)
The main takeaways from the episode (29:00)
Additional Resources:
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!
...more
34min
April 12, 2021Playing Real Life Moneyball with Real Simple Real Estate
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 in one deal. We invest in simple, conservative real estate that generates wealth over time. That's the way we approach real estate and it's what served us well so that no matter what the world is doing.
In this episode, you will learn more about our philosophy and the practical details behind our deals. Kevin discusses how we source properties and gives you a life cycle of any deal: from the initial call to building cash flow to annual reports and reinvestment options.
Key Takeaways:
Intro for the episode (00:00)
How Kevin got into real estate (03:27)
What is so unique about DFY’s turnkey model (06:46)
Here’s what happens when you schedule a call with us (08:44)
What makes a single-family property a great investment (11:46)
The key to our success is transparency and great teams (15:14)
Kevin’s best real estate advice ever (17:01)
One of the best deals we’ve ever done (20:41)
Always try to leave people better off (21:47)
Additional Resources:
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!
...more
27min
April 05, 2021Kevin's Interview: How to Pick a Good Turnkey Provider
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 turnkey providers. Kevin represented Done For You Real Estate but also gave some excellent advice to people who want to work with a turnkey real estate company.
“When working with a turnkey provider, choose someone who will put your needs first.” - Kevin Clayson
In this episode, you’ll find out some key factors you need to look for in a turnkey provider, and you’ll also learn what red flags to watch out for. Tune in now!
Key Takeaways:
Intro for the episode (00:00)
Chris and Kevin introducing each other (02:23)
Why it’s always a good time to buy real estate (06:31)
The two most important things to look for in a provider (10:41)
It’s critical that you get transparent information (13:13)
A company should be able to provide property management (15:35)
What makes DFY unique when it comes to property management (17:24)
How to get in touch with us and learn more about turnkey providers (21:11)
Additional Resources:
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!
...more
25min
March 29, 2021Increasing Your Liquidity In Real Estate
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 homes.” - Steve Earl
We discuss the three ways you can increase your liquidity in real estate. You will also learn why reinvesting your dollars into another property is the best way to build wealth. There are so many benefits with investing in real estate that simply taking cash out is the least desirable liquidity method… But more on that in the episode.
The idea is always to multiply your dollars. Still, not all real estate is created equal… Tune in to find out what kind of properties increase liquidity in real estate!
Key Takeaways:
Real estate is our passion (01:03)
Busting the myth of non-liquidity in real estate (02:53)
We want to create ongoing cash flow (05:00)
Your money should work in more ways than one (08:33)
These are the best ways to achieve liquidity in real estate (14:22)
How do single-family homes compare to other real estate investments (18:30)
The main takeaways from this episode (24:52)
Additional Resources:
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!
...more
30min

FAQs about Replace Your Income:

How many episodes does Replace Your Income have?

The podcast currently has 117 episodes available.