In this episode of the "Replace Your Income" podcast, Kevin and Steve discuss their return after a long hiatus and the successful weekend event they recently hosted. The event marked the relaunch of their real estate intensives, which they used to conduct regularly, helping participants immerse themselves in income replacement strategies and real estate investment. They emphasized the importance of community, noting how gathering with like-minded individuals helps reinvigorate goals and commitment to action.
They also announced that these events will be held quarterly moving forward. During the event, they introduced various strategies, including cost segregation, bonus depreciation, and other tax benefits that can significantly enhance investment outcomes. Kevin shared a personal story about his son being excited to see his name in their newly released book, "Micro Wins to Millions," which they distributed at the event.
The discussion then shifted to current market conditions, where Steve highlighted the potential risks of waiting for lower interest rates before investing in real estate. He argued that while lower rates might come, waiting could mean missing out on the opportunity to buy properties at lower prices. They both emphasized the importance of taking action now, given the unique market dynamics where demand is high and property values are likely to rise as interest rates fall.
Overall, the podcast conveyed a sense of urgency for investors to engage with the market now and the benefits of participating in their upcoming events to stay connected and motivated.
0:00 - Event Recap
5:25 - Book Buzz
18:39 - Intro to Mid-Term Rentals
27:51 - DFY Family
31:51 - Watch Your Inboxes!