The DFY Blog

How To Become A Real Estate Millionaire

Posted by Kevin Clayson Monday, 21 December, 2020
How To Become A Real Estate Millionaire, with Kevin Clayson and Steve Earl

 

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?

 

Kevin Clayson Quote on Definition of Real Estate Millionaire

 

It’s true that real estate investing CAN help you become a millionaire. In fact, if you do it the right way – you WILL become a millionaire.

 

But you shouldn’t let the fake gurus define the kind of millionaire you want to be. You are the one that needs to decide what that means for you.

 

Are you focusing on high amounts of cash flow? Or is it about owning numerous valuable properties? Something else entirely? And how does any of it contribute to your goals and desired lifestyle?

 

Finding these answers is a great exercise, and today, we’re going to go through it together!

 

Steve and I will share our preferred definitions and point out the nuances between various real estate investing mindsets.

 

We hope you enjoy this episode!

 

Key Takeaways

  • What it means to be a REAL real estate millionaire (1:29)
  • Protect yourself from fake gurus! (3:33)
  • Different definitions of being a real estate millionaire (7:12)
  • What is a 1031 exchange, and how it could change in the future? (10:53)
  • Why we’re such huge believers in real estate (14:25)
  • Quantitative vs. qualitative approach to being a real estate millionaire (17:06)
  • Financial freedom over any particular number (22:30)
  • Find a definition that works best for you (25:16)
  • Merry Christmas, everyone! (30:31)

 

Top Quotes

“What we would like for you to achieve, is that millionaire mindset.” – Kevin Clayson

“For most people, when we want to achieve real estate millions, we think that we’re attaining some level of financial freedom.” – Kevin Clayson

“Obviously, we’re big believers in real estate. Especially when done properly!” – Steve Earl

“For us, it’s more about that freedom than it is about any particular number.” – Steve Earl

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!

Meet With Us

You’ll receive a free, personalized Income Replacement Estimate (IRE). Your IRE will show you a step-by-step plan of how you can begin replacing your income one property at a time starting right away, with the resources you already have. An IRE only takes a few minutes but can change the trajectory of your financial future. Enter your info to get started.

(We hate spam as much as you do, we don’t sell or rent your information to anyone. You’re safe with us.)

You can also call us at 801-204-9061

 
By clicking the Schedule A Call button, I agree that I am providing authorization to Done For You Real Estate USA, The Companies, LLC, Strategic Lending, Inside Insurance, or third parties that perform functions on our behalf or for our clients, and for which The Companies, LLC may receive compensation, to contact me for telemarketing and informational purposes at the telephone number provided, even if I have previously registered on a corporate, state or national Do Not Call registry. I have authority to provide this consent because I am the subscriber of the telephone number or I am a customary user who has authority to consent to these communications. I also agree that Done For You Real Estate USA, may contact me using text messages, even if the number is connected to a service for which I am charged. I understand that I am not required to provide consent as a condition of purchase, or loan consideration or approval. Msg & data rates may apply.

Check out the new top rated

Replace Your Income

Podcast

We use cookies to improve user experience and analyze website traffic. For these reasons, we may share your site usage data with our analytics partners, but we do NOT sell your data to any third parties. Feel free to read our Terms and Conditions and Privacy Policy to learn more.