Andrew interviews Kyle Stephenson, who was inspired by Donald Trump's real estate success to invest in property. With limited resources, Kyle was able to 1031 exchange his first purchase - a duplex in Patterson, New Jersey - for a million dollars worth of equity over ten years. Kyle shares his journey of growing his portfolio to managing over 4,000 units across multiple states. He talks about how he learned from his experiences, used creative financing strategies, partnered with friends to invest in larger projects, and helped distressed owners during the 2008 market crash by managing their properties and getting lenders current on their mortgages. Tune in now to hear more about Kyle Stevenson's inspiring story!   [00:01 - 14:50] Making a Real Estate Impact with Kyle Stephenson Kyle's background and career Being inspired by Donald Trump's success with real estate Kyle's journey through real estate investing Kyle's passion for helping individuals who work hard for a living come home to clean, safe, and affordable housing   [14:51 - 23:38] Respect and Consistency: How to Achieve Successful Property Management and Investor Stewardship Respect and respond to everyone the same Expense ratios are a function of rent, not race The importance of treating tenants with love and respect Differentiate from other property managers by providing a positive experience for all tenants Investors should be focused on PNLs to ensure accurate returns   [23:39 - 34:29] Property Manager Neurosis Surround yourself with people who fill in the gaps and counterbalance each other Understand what a healthy culture looks like and have individuals that play well together Avoid wasting time on arguments between departments that don't matter Be aware of healthy and unhealthy clients   [34:30 - 41:16] Closing Segment Lightning round Connect with Kyle through the links below!   Quotes:   "The beautiful thing about real estate is that time will heal your mistakes." - Kyle Stephenson   "If we spend less than a thousand dollars a door per year on maintenance, that's a red flag. That means that we're not doing things that we ought to be doing." - Kyle Stephenson Connect with Kyle! www.KRSHoldings.com    Visit our website www.reiturn.com to learn more about High-Quality Recession Resistant Assets for the Everyday Investor   -- LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, YouTube, or whatever platform you listen on. Thank you for tuning in, and Stay Tuned for the next episode COMING SOON!

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