Oct 20, 2021
Our guest is a highly successful self-employed real estate investor, a passionate speaker, and an author. He specializes in owner financing and giving new life to properties.
Returning to the show is Mitch Stephen. He has been in the real estate space since 1996, and he pioneered the idea that you don’t have to give discounts to sell your notes. He also authored the “My Life & 1,000 Houses” series.
In this episode, Mitch shares how he systematized his real estate business. He then talks about the importance of having a strategic partnership, how much work goes into running multiple businesses, and the opportunities in mass texting. He also offers advice for people who are just starting out. Tune in to learn a different way of building a buyer’s list and getting deals.
Key Takeaways
[03:42] About Mitch’s recovery from burnout
[09:15] Surround yourself with the right people
[14:55] How Mitch juggles his time between his different businesses
[21:18] Why he started his hard money loan business
[24:32] On finding and selling deals through text messaging
[33:30] LiveComm’s other features
[41:22] An effortless way to get people’s phone numbers
[45:18] Check out all the ways to make money, narrow it down to one or two, and get coaching from people who are doing what you want to do
Links
Mitch Stephen’s website - https://1000houses.com/
Owner financing cautions with Mitch Stephen - https://youtu.be/2jY_ESiAkRc
Should you owner finance or rent properties to end users - https://youtu.be/cUoSkP4nVDo
Owner financing real estate strategy - how this works! - https://youtu.be/Oj2vjReOSPI
LiveComm Mass Texting - https://www.livecomm.com/
Living Off Rentals YouTube Channel - https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?sub_confirmation=1
Living Off Rentals Facebook Group - www.facebook.com/groups/livingoffrentals
Living Off Rentals Website - www.livingoffrentals.com
Living Off Rentals Instagram - www.instagram.com/livingoffrentals