In this episode, I sit down with Kyle Stephenson, real estate investor and founder of KRS Holdings, a full-service property management company overseeing thousands of rental units across Virginia. With over 20 years of experience, Kyle shares how he started out investing, made his share of mistakes, and learned the hard way that “buy with no money down” programs aren’t always the golden ticket. Instead, he recommends saving that 20–30% down payment—even if it means picking up a second job—because building wealth in real estate takes persistence and discipline. As Kyle puts it, we’re not all Donald Trump, gifted a couple hundred million to start investing.
From the lessons of self-managing rentals to the benefits of eventually working with a property manager, Kyle dives into the real differences between short-term and long-term property management. He even suggests every investor manage their own property for at least one year before turning it over, just to fully appreciate what goes into it.
As Linda Peltz, Realtor, I also point out that while there are plenty of non-traditional loan programs available, they often come with a huge cost—something every buyer and investor should weigh carefully before jumping in.
Our conversation also touches on the human side of real estate, including unexpected life dilemmas and even a surprise moment at the end that reminds us all: real estate may be about money, but life is about more than that.
📧 Connect with Kyle: [email protected]
📞 Call Kyle: 804-405-6378
🌐 Learn more: https://www.krsholdings.com/
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Call me for further details:
Linda Peltz, eXp Realty | DRE 01997670
559-353-4556
[email protected]
Real Estate Investing, Property Management, Rental Properties, Real Estate Wealth, Short Term Rentals, Long Term Rentals, KRS Holdings, Kyle Stephenson, Virginia Real Estate, Linda Peltz Realtor, Landlord Tips, Real Estate Podcast, Real Estate Education, Rental Property Tips, Investor Advice, Real Estate Journey, Wealth Building, Buy and Hold Investing, Real Estate Mistakes, Save for Down Payment, Non-Traditional Loans, Real Estate Financing
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