Mitch Stephen: How to Invest into Homes and Storage Units

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Mitch Stephen: How to Invest into Homes and Storage Units

How to Invest into Homes and Storage Units

Mitch Stephen has been a self-employed RE investor for 20+ years. His real estate investing career started at the age of 23 when he read “Nothing Down” by Robert Allen. Mitch, together with his wife, Tommi, and his daughter, Shannon purchased their fair share of local houses. Their company, Independence Day, Inc., has bought and sold over 1,500 properties in and about San Antonio, Tx since 1996. This company specializes in buying distressed properties with OPM and selling those properties with Owner Financing.

The Stephen family-built wealth by purchasing very affordable homes, selling them for double the cost, and owner financing the sale by creating a note to their buyer. In 1991 the family made plans to keep their wealth and create “Forever Money” by acquiring Self-Storage and Boat Storage facilities primarily around Canyon Lake where they live in Texas. They started with 13 boat storages around the lake, and the storage business has grown to over 1,600 storage doors in 14 locations. Mitch has authored 3 books and offers online education, group coaching, and full on mentorships.  He’s also been named one of the top RE investors to follow on Twitter.

 

During this show we discuss…

- How to make money fixing and flipping

- How to have buyers do the fixing in fix and flips

- How to Invest into storage units

- How to raise rent by dollars and make tens-of-thousands

- How to buy properties for 50% of their value

- How to diversify your Real Estate Investing strategy

- How to buy property and collect permanent rent

- The pros and cons of investing in small apartments

- How to make money off expensive homes

- Using affiliate marketing to aid growth in your RE business

- How to automate your Real Estate investment business

- Finding a solid lender for your RE investments

- How to get lenders to pay your marketing costs

- Qualities of a professional deal finder

- Benefits of having a professional deal finder for your RE business

- Having a RE mentor or coach

 

Show resources:

www.1000houses.com

https://www.linkedin.com/in/mitch-stepher-5a83156

https://www.facebook.com/1000Houses/

 

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