DFY Blog/Podcast/What Makes a Good Real Estate Deal

What Makes a Good Real Estate Deal

DFY Real Estate


Good deals get you closer to your goal. On that point, what makes a good deal will depend on what your goals are.

It’s all about perspective.

Steve and I are focused on income replacement, which means conventional methods for estimating real estate opportunities don’t apply. They’re outdated.

So, what are our options?

In today’s real estate industry, you can often hear people advocate “going with your gut” or “following your instincts.”

But replacing your income requires security and long term success. Merely going with your gut won’t cut it – it’s too risky.

What you need is a predictable system that will allow you to mitigate risk and increase potential return.

For us, that system is founded in safe, conservative, single-family property investments. But there’s a lot more to it!

We need to take into account characteristics like location, structural repair requirements, affordability…

There’s a lot of factors to consider, and we’re going to go through all of them in today’s episode.

We’re going to talk about our own, Done For You definition of a good real estate deal that has helped us guide every single one of our client’s real estate investments and create wins across the board.

Tune in to learn more!

Key Takeaways

  • How do you tell if something is a good deal? (2:59)
  • ​Steve’s mind-blowing story illustrating the importance of perspective (5:17)
  • ​How does perspective tie into estimating real estate investment opportunities? (11:39)
  • ​How we determine if something qualifies as a good deal (14:21)
  • ​Why is flipping houses more complicated than it seems? (16:18)
  • ​The characteristics of a good deal (19:42)
  • ​Taking a closer look at the numbers (22:33)
  • ​Discussing the affordability factor (26:19)
  • ​Having a reliable system instead of relying on gut feelings (28:59)
  • ​Doing business the right way (and creating wins across the board) (30:48)
  • ​Summarizing what makes a good deal (34:47)

Top Quotes

“If it’s good for you, it’s probably good for other people.” – Steve Earl

“A home, a real estate property, will sell for what somebody is willing to pay for it.” – Steve Earl

“There’s risk in real estate… You can’t avoid it. So you have to mitigate that risk.” – Kevin Clayson

“A minimized or mitigated risk with a predictable system can increase your potential return.” – Kevin Clayson

Additional Resources:

  • Learn more about Done For You Real Estate: VISIT HERE
  • ​Get a FREE Income Replacement Estimate (IRE): APPLY HERE

SUBSCRIBE for more Replace Your Income:


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!

Subscribe or follow our podcast at

Subscribe or follow our podcast at

Copyright 2024 Done For You Real Estate USA
All Rights Reserved

590 Timpanogos Pkwy, Orem, UT 84097 - 801-204-9061
Done For You Real Estate USA

This site is not a part of the YouTube, Google or Facebook website; Google Inc or Facebook Inc. Additionally, This site is NOT endorsed by YouTube, Google or Facebook in any way. FACEBOOK is a trademark of FACEBOOK, Inc. YOUTUBE is a trademark of GOOGLE Inc.

In the nature of transparency and authenticity, we do make a special offer at the end only if you'd like help actually implementing these video ad tactics and strategies. Is it required? Absolutely not. Will you receive value & insight even if you don't want to speak together? 100% yes. Some people will take this training, implement it by themselves, and see breakthrough. Some people will see what's possible, and know that working together is just what they need to get results even faster. It's completely up to you but we hope that you'll at least participate in the free training, use it, and let us know what you think!

© 2024 Done For You Real Estate, USA LLC - All rights reserved