On-the-record Q&A, September 2026

Alignment

Kevin’s account

I’ve put over $6 million of my own cash into the company.

Clarification

Kevin’s account

I never had a hedge fund. Any commentary about “hedging” was simply about the ETF holding bond or high-cash positions during certain periods.

Clickbait and flip-flopping

Kevin’s account

In one video I might editorialize on a gold bull who thinks gold is going to $10,000 … in the very next video I share my own view that people should buy the dip, fears are overblown, and I’m not bullish on gold.

Kevin’s account

The titles match sentiment. I produce an enormous amount of content, and a lot of it is editorial

Kevin’s account

The titles match sentiment. I produce an enormous amount of content, and a lot of it is editorial, me covering what other people are saying.

FTX

Kevin’s account

I disclosed the relationship, $2,500 per mention

Kevin’s account

I disclosed the relationship, $2,500 per mention, about 3% of that year’s income … The settlement was insurance-led, covering 100% of what I’d been paid. I paid nothing out of pocket.

Kevin’s account

The settlement was insurance-led, covering 100% of what I’d been paid. I paid nothing out of pocket.

Family

Kevin’s account

No personal debt at all, and no debt on real estate.

Housing, the core thesis

Kevin’s account

High prices aren’t driven by investors … They’re driven by high-paying jobs, weather, desirability, and low-growth city councils with patchwork permitting.

Kevin’s account

That’s why my startup invests heavily in California: an arbitrage bet that California housing will remain incompetent

Kevin’s account

an arbitrage bet that California housing will remain incompetent

Kevin’s account

parts of Florida and Texas overbuilt and saw home values collapse … my startup invests heavily in California

How the YouTube business fits

Kevin’s account

I have $6 million of my own money in the company’s bonds, same terms as everyone

Kevin’s account

Reinvest takes no creative control over the content

Kevin’s account

That’s supplementary income to me that Reinvest doesn’t pay a salary for

Kevin’s account

That’s supplementary income to me that Reinvest doesn’t pay a salary for, and Reinvest takes no creative control over the content.

Kevin’s account

the channel heavily promotes Reinvest products, and Reinvest is authorized to place sponsorships on the channel

Indexing first

Kevin’s account

I consider crypto a risk asset, not an investment.

Kevin’s account

I now encourage people to consider QQQM and SPYM first

Kevin’s account

With the rise of ultra-cheap market index ETFs, I now encourage people to consider QQQM and SPYM first

Kevin’s account

my own company reflects that philosophy: roughly 2.5% of Reinvest’s assets sit in public securities versus about 85% in real estate

Kevin’s account

roughly 2.5% of Reinvest’s assets sit in public securities versus about 85% in real estate

Instagram

Kevin’s account

I learned censorship was common on social media then. The irony isn’t lost on me: today I’m bullish on Meta.

Jamba Juice, Red Robin, and the $305,000 house

Kevin’s account

After Hollister I worked at Jamba Juice for a year; after a five-cent raise, I moved to Red Robin

Kevin’s account

I drew the line in the sand and went all-in on real estate, despite him saying I wouldn’t make money in it.

Kevin’s account

over $35,000 in commissions my first year, over $55,000 my second, over $150,000 my third, and by 2015, over $500,000 in a single year

Landlord influencer

Kevin’s account

I don’t dispute the label … I still believe in the same tenant criteria Curbed quoted. Nothing has changed there.

Kevin’s account

I no longer own any rental properties personally.

Kevin’s account

I no longer own any rental properties personally. I own 100% of the controlling interest in House Hack, which is the only place rental properties are.

Kevin’s account

I own 100% of the controlling interest in House Hack, which is the only place rental properties are. I don’t compete with my own company.

Kevin’s account

On the fringe site that calls me a liar and con man: no comments.

Lauren

Kevin’s account

Today she runs property management for our businesses

Lauren; Seven kids

Kevin’s account

Lauren has managed properties since she was 18 and is a licensed realtor. Today she runs property management for our businesses

MeetNDone

Kevin’s account

It lost $1 million in under 18 months and I shut it down.

My dad

Kevin’s account

He lives in a property I personally own, and I pay for it for him.

No, I didn't unlist my library

Kevin’s account

I believe in transparency even when mistakes are made

Kevin’s account

There was a moment when all videos were set to private and then set back to public within approximately seven days, while they were being sorted into archival playlists. Every video that was public before that moment is still public today.

Kevin’s account

course-member livestreams going back to 2017 and my historical correct and incorrect calls, which I consider incredibly valuable

On the fringe site that calls him a con man

Kevin’s account

no comments

Origins

Kevin’s account

I’ve lived in the same home for over 11 years

Kevin’s account

I’ve lived in the same home for over 11 years despite everything, and my home doesn’t even have a driveway.

Kevin’s account

my father, a master carpenter, couldn’t make his monthly payments during the dot-com crash and we lost our Westinghouse Country Club home

Origins, the cop years, the $305,000 house

Kevin’s account

I got a deal in February 2012: a complete fixer-upper for $305,000 with an FHA 203k renovation loan.

Personal holdings

Kevin’s account

I no longer own any rental properties personally. I own 100% of the controlling interest in House Hack, which is the only place rental properties are. I don’t compete with my own company.

Ramsey and Cardone

Kevin’s account

I haven’t done a prank since. It’s a legacy moment that’s now nearly a decade old.

Kevin’s account

In hindsight it was a totally different audience; mine is older, more mature, and uninterested in drama.

Ramsey and Cardone; No, I didn't unlist my library; The content machine

Kevin’s account

In hindsight it was a totally different audience … the seven-day episode was a mistake in hindsight … I blame the stagnation in subscriber counts on that, on myself.

RoboHack

Kevin’s account

RoboHack made exactly two investments: SpaceX and Apptronik.

Kevin’s account

RoboHack made exactly two investments: SpaceX and Apptronik. I believe both are up roughly 3 to 5x. Those are my claims based on the positions; entry valuations and documentation aren’t public.

Seven kids

Kevin’s account

We have seven children, two natural, and five through in vitro fertilization

Side channels

Kevin’s account

Lauren doesn’t post on YouTube anymore; there’s just a clips channel where clips of me get posted.

Small things

Kevin’s account

I’ve never authored one. I believe people would rather watch videos than read a book, but I might be wrong about that.

Tesla

Kevin’s account

I believe Tesla’s low-power mode and the return of the center steering-wheel horn came after I complained about both on Twitter, but that’s circumstantial.

The $305,000 house

Kevin’s account

Everyone was warning about a double-dip recession. I took the opposite view: if everybody is dogging on real estate, now must be the time to buy.

Kevin’s account

I borrowed money from a client who took a second lien on the property, which let me renovate fast

Kevin’s account

I got a deal in February 2012

Kevin’s account

I got a deal in February 2012: a complete fixer-upper for $305,000 with an FHA 203k renovation loan.

Kevin’s account

I was still in college through 2014.

Kevin’s account

a complete fixer-upper for $305,000 with an FHA 203k renovation loan

The 20-part plan

Kevin’s account

Looking back, I think the campaign was extremely forward-looking

The 2020 breakout

Kevin’s account

The stimulus-check update videos became the breakout series, and I hit #1 on trending. That’s my recollection from my own analytics; YouTube’s trending charts are ephemeral.

The 2021 CNN episode

Kevin’s account

That was the whole of the 2021 episode: a letter and a correction, no lawsuit.

The 2024 lawsuit

Kevin’s account

Yes, we dismissed the case, after CNN publicly said they’d allow streaming.

The 27% poll

Kevin’s account

I also believe Larry Elder entering the race was a big problem for me … I felt sandbagged by that loud Republican competition.

Kevin’s account

One word for the mood inside the campaign when it dropped: optimistic.

The DFPI matter

Kevin’s account

I settled for $5,000 because the fight wasn’t worth $5,000 to me, even though I’d become a licensed financial advisor by then.

The DUI stop

Kevin’s account

I quit alcohol for well over five months afterward. I never drink and drive. I became a pilot. I feel like a more matured, safer person now.

Kevin’s account

I refused the breath test, in hindsight I regret that

Kevin’s account

I was not found guilty of DUI.

Kevin’s account

I was not found guilty of DUI. I refused the breath test, in hindsight I regret that

Kevin’s account

I was not found guilty of DUI. I refused the breath test, in hindsight I regret that, because I believe I would have blown under 0.02, and I quit alcohol for well over five months afterward. I never drink and drive. I became a pilot.

The Pricing Power ETF

Kevin’s account

I closed the fund because managing it through a volatile market was distracting me from growing my startup

Kevin’s account

I had concerns about the labor market rolling over, so I started hedging … Any commentary about “hedging” was simply about the ETF holding bond or high-cash positions during certain periods.

Kevin’s account

The fund bet heavily on Tesla around $190 a share, plus Nvidia and Intel before the AI moment

Kevin’s account

When the ETF closed in 2025, I also closed my stock broker licensing and investment advisor intentions.

Kevin’s account

managing it through a volatile market was distracting me from growing my startup

Kevin’s account

managing it through a volatile market was distracting me from growing my startup … I also closed my stock broker licensing and investment advisor intentions

The SEC investigation

Kevin’s account

The commission requested everything, audited financials, ledgers, deeds, appraisals, internal communications, and had no recommendations.

The a new class of stock offering

Kevin’s account

by 2030 none of them will require a dime of expensing from the company, giving a very clean cap table for 2030 and beyond, for a potential IPO

The ballot-name fight

Kevin’s account

me on Zoom court, firing my attorney and pleading the case myself, and still losing

The bear-bull scale

Kevin’s account

10 is all-in on margin, 1 is sell everything and go all cash. Right now I sit in the upper-8 range

Kevin’s account

10 is all-in on margin, 1 is sell everything and go all cash. Right now I sit in the upper-8 range, still advocating no debt, but bullish on the economy at the moment.

Kevin’s account

I refuse debt … so that if the market does crash, that paid-off real estate could be piggy-banked open and leveraged into long-term fixed-rate loans to buy substantially more after rates fall.

Kevin’s account

I’m bullish on acquiring real estate now with no debt, so that if the market does crash, that paid-off real estate could be piggy-banked open and leveraged into long-term fixed-rate loans to buy substantially more after rates fall.

Kevin’s account

I’m mostly exposed to real estate because I believe real estate is bottoming

Kevin’s account

To fix that, I now use a bear-bull scale on the channel

Kevin’s account

the next market crash could be the longest and worst since the Great Depression, because the Federal Reserve will likely be unwilling to provide the money-printing bailout function of prior Feds

The content machine

Kevin’s account

Between 2022 and about August 21, 2026, I took posting lightly … I somewhat burned out after the COVID years.

Kevin’s account

Between 2022 and about August 21, 2026, I took posting lightly. I somewhat burned out after the COVID years. Since August 21, 2026, I’m back to high-volume, high-value content.

Kevin’s account

I blame the stagnation in subscriber counts on that, on myself.

Kevin’s account

I somewhat burned out after the COVID years.

Kevin’s account

My viewership does best with high-volume, high-value content.

Kevin’s account

Since August 21, 2026, I’m back to high-volume, high-value content

The cop years

Kevin’s account

Policing ended up being an extracurricular I tried, though I found I was genuinely interested in criminal justice.

The course business

Kevin’s account

Over time I’ve only added value. Before the Alpha Report existed, no course member expected it, yet every course member got it

The exams, and why I don't use the licenses

Kevin’s account

I passed the Series 7, 14, 24, 27, 63, 65, and SIE exams. I don’t utilize those licenses today.

The numbers

Kevin’s account

I say Reinvest owns about $85 million of real estate. That’s my ballpark current estimate of property market value

Kevin’s account

I say Reinvest owns about $85 million of real estate. That’s my ballpark current estimate of property market value, not the GAAP cost basis in the filings.

The pilot

Kevin’s account

I no longer fly as a hobbyist. Aviation isn’t a hobby to me, it’s a business tool you use only when you’re sharp and capable. Otherwise, subcontract it: use a jet charter company.

Kevin’s account

When the company was a startup, I personally paid for all the plane expenses I used to study the country before acquiring what is now real estate. It provided uncompensated value to the startup.

Kevin’s account

if you don’t keep up the training pace, piloting is a skill that fades fast. So I no longer fly as a hobbyist.

The pilot; MeetNDone

Kevin’s account

Otherwise, subcontract it: use a jet charter company … Net-net: subcontract everything.

The result

Kevin’s account

I won San Francisco outright on the replacement question, 26,434 votes to Larry Elder’s 26,285

Kevin’s account

I won San Francisco outright on the replacement question, 26,434 votes to Larry Elder’s 26,285, a 149-vote margin. To be precise: that’s the replacement-candidate vote; San Francisco voted overwhelmingly No on the recall itself.

Kevin’s account

My characterization: approaching one million votes. Publish the official number alongside it.

The tax structure

Kevin’s account

That’s my description of the strategy, not tax advice.

Kevin’s account

The company is a C corporation paying about 29% (federal corporate plus California state). If I took that revenue home personally, I’d pay over 50% at California’s top tiers plus net investment taxes.

Kevin’s account

The company is a C corporation paying about 29% … If I took that revenue home personally, I’d pay over 50%

The thesis

Kevin’s account

An ETF, a fee-based business in a world where fees aren’t the answer, could never do that.

Kevin’s account

Buy fixer-uppers and generate a target of 20% equity gains after repairs.

Kevin’s account

Buy fixer-uppers and generate a target of 20% equity gains after repairs. That cushion protects against fluctuations in real estate values.

Kevin’s account

When Reinvest has equity gains from acquiring real estate, they don’t get marked to market, an invisible safety cushion, and no taxes are owed on those gains.

Kevin’s account

a target of 20% equity gains after repairs. That cushion protects against fluctuations in real estate values.

What I learned

Kevin’s account

subcontract everything. That’s exactly what my startup does today

What I still believe from the platform

Kevin’s account

During the Palisades fire, reservoirs were found lacking water

Kevin’s account

courts in some jurisdictions have upheld public-camping bans, and emergency-powers actions by governments have become far more common

What stays private

Kevin’s account

The only videos I set to private are mistakes (bad uploads) or legal-issue videos.

Why I left JP Morgan

Kevin’s account

I found out my own banker was incentivized not on total net assets, but on total relationship value.

Kevin’s account

ask how your banker is actually compensated

Kevin’s account

compliance nightmares with the fund’s issuer, which forced me to lower my Tesla allocation even though the law said I didn’t need to

Why I left Millennial Money (video)

Kevin’s account

I usually wake up at like on average probably 5, 5:30

Why I ran

Kevin’s account

I legitimately thought I could make a difference … Was it worth it? Yes.

Kevin’s account

I took no fundraising capital from lobbyists

Kevin’s account

I’m so steadfast in the middle that I dump on the left and the right. My focus is what makes monetary sense for the viewer, the business, or the investor.

Kevin’s account

I’m the kind of commentator both sides hate: I’m so steadfast in the middle that I dump on the left and the right.

Kevin’s account

My interest in politics has waned substantially since. But I will always keep putting Meet Kevin on the ballot, just like in 2021.

Why I started posting

Kevin’s account

In 2018 I was making much more from social media than from real estate, so taking on clients made less sense.

Why no refunds

Kevin’s account

scammers and unauthorized resellers would buy a program, download all the content (immediately available), demand a refund, and resell the downloads. That led to the no-refund policy, period.

Dictated answers, September 29, 2026

Question 1, the traffic stop

Question 104

Question 105, a critic who was right

Question 120, what started the SEC investigation

Question 131, the campaign videos

Question 132, citizenship

Kevin’s account

Kevin is a U.S. citizen, and yes, Kevin speaks German. Kevin is a dual citizen, German and United States, and was naturalized after having a green card through his childhood.

Question 17, income

Question 17, net worth and income

Question 17, salary

Question 17, the first million

Question 2, license years

Question 29 and the hedging note

Kevin’s account

the best way to hedge the stock market is to allocate less to it … As of the end of September 2026, Kevin believes the stock market party is at about 10 p.m.

Question 3, Florida

Question 34, the fund's issuer

Question 36, the entity names

Question 39, disclosure

Question 4, the first house

Question 43, FTX total

Question 49, how he trades

Question 5, marriage

Question 57, politics

Question 58, crisis titles

Question 7, the names

Kevin’s account

House Hack was the original name because we only focused on wedge deals … we asked ourselves, what do we want to do with the extra money? And we thought, well, naturally, reinvest.

Question 77 (Utah lot; the vacation rental)

Kevin’s account

likely under $8 million of development expenses expected over the next 12 months, with a potential groundbreak at the end of the first quarter of 2027

Question 77 (permits; the vacation rental; ADU)

Question 77, where the company buys

Question 79 (tenant screening)

Question 8, two million

Question 87, the app and Terminal

Question 89, lending

Question 9, the births

Question 90, bond valuation

Question 91, campaign finance

Question 94, who Kevin votes for

Question 97, markets scouted

Kevin’s account

We saw the fear in the eyes of real estate agents in Texas and Florida in 2022; we still see that fear at the end of 2026 in Florida.

Question 98, drinking now

Question 98, flying

Kevin’s account

Kevin received a first-class medical certificate in approximately November 2024. Kevin took his last flight on August 31, 2025.

Questions 15 and 16, the January 2022 sale

Questions 23 and 24, indicators and options

Questions 24 and 49

Kevin’s account

Kevin often sells puts during periods of elevated volatility to collect premium or back into long-term positions at a lower price … Kevin does not short companies.

Questions 29 and 32, the hedge

Questions 31 and 32, the return

Questions 33 and 34

Questions 44 to 48

Questions 54 to 56, the process

Questions 87 and 124

Schedule note

Kevin’s account

Kevin typically averages 6.5 hours of sleep per night. He usually works starting at 5 a.m. every single day and typically does not finish work until 6 p.m.

The plane

The plane loan