Meet Kevin is a young real estate broker and investor from Florida, United States whose full real name is Kevin Paffrath. He has an estimated net worth of $60 million. He has worked daily in real estate and construction fields since he was 17 years old. He used his first car to advertise his services while he was still in college in UCLA studying economics, psychology and writing/debate. He bought his first house for $305,000 which was substantially under market value. He refinanced it and pulled a home equity line of credit (HELOC) with an appraisal of $550,000. He saved as much as he could while investing into stock and used his HELOC to get his next rental property. He did renovations for himself plus many other people’s properties and made an average of $350,000 a year from this.
Kevin’s content on YouTube is mainly about his trials and tribulations of growing a real estate company with a heavy emphasis on providing more value to clients whether by designing, staging, construction or concierge real estate services.
How Much Money Does Meet Kevin Earn On YouTube?
The channel has over 2 million subscribers as of 2021 and has accumulated over 500 million views so far. It is able to get an average of 400,000 views per day from different sources. This should generate an estimated revenue of $6,000 per day ($2.2 million a year) from the ads that appear on the videos. His channel is able to get above average ad rates due to the topics of his videos generally being able to attract higher paying advertisers.
YouTube content creators based in the US, UK, Canada and Australia generally get paid $2 – $12 per 1000 monetized views after YouTube takes its cut. Monetized views usually range from 40% – 80% of the total views. All these are influenced by several factors like the device played on, time of the year, the location of the viewer, ad inventory, how many ads there are on a video, how many people skip the ads, type of advertisement, ad engagement, type of content, etc. The cost of an ad view is based on an auction between advertisers based on views. Advertisers have to bid a minimum of $0.01 per view.
There is also a program known as Google Preferred where deep-pocketed companies can target ads on the top 5% most popular content. The ad rates here are higher than normal. Apart from ads, YouTubers also generate extra from YouTube Red viewers who pay a monthly fee to view premium content on YouTube plus watch videos without ads. Here they get paid based on watch time on their videos. The longer the viewers watch their videos, the more money they earn.
Kevin makes most of his income through his real estate business where he owns over 22 properties. He also has a real estate course that he sells to people wanting to learn more about real estate & renovations. He has a $30 million investment in the stock market and $20 million in real estate. He does have a substantial debt to his name.