Multifamily Live Ep. 353: Mitch Stephen Joins Us To Talk Owner Financing, Team Building, and Vertical Integration!
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Mitch Stephen has been a self-employed real estate 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 around San Antonio, TX since 1996. This company specializes in buying distressed properties with OPM and selling those properties with Owner Financing.
The Stephen family has also invested in over 1,100 storage doors in 16 locations. Mitch has written 3 books series which you can find more info about at 1000houses.com/the-book. Mitch enjoys educating others and has recently been named one of the Top 9 Real Estate Investors to follow on Twitter.
Some topics covered:
-Why did Mitch decide to go into real estate and what was his first action step?
-Mitch gives us an example of an owner financing deal and how he does it
-Mitch talks about breaking through mindsets that hold us back and the reasons to get a mentor
or coach
-How does Mitch find so many deals and do so much volume?
-What kind of team has Mitch built around him to handle so much volume?
-What is Mitch working on right now in his business?
-Mitch talks about vertical integration and how his multiple business work off of one another
-The value of having integrity
-Best way to reach Mitch: www.1000houses.com or www.1000houses.com/freebook to get a
free copy of Mitch’s first book. Check out his podcast: Real Estate Investor Summit Podcast
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