Inside Real Estate Investing: Mitch Stephen and Jay Conner on Private Funding Strategies

Raising Private Money with Jay Conner

Are you looking to dive into the world of real estate investing?
Today on the Raising Private Money With Jay Conner podcast, let us look back to when Mitch Stephen, a seasoned real estate investor with over 25 years of experience, shared his incredible journey, from innovative investment strategies to a life-changing personal transformation.
Plus, the secrets in purchasing over 2,000 houses in San Antonio, Texas!
Here are some highlights from the episode:
1. Unique Marketing Approach: Mitch revealed an unconventional strategy of using bandit signs and a Livecom phone number to capture the cell phone numbers of potential homebuyers. He has over 10,000 people interested in seller-financed homes on his distribution list.
2. Private Money Authority: With $26 million of private money accumulated over two decades, Mitch discussed how he uses nonrecourse, collateral-only, wrapable loans to finance his real estate deals.
3. Property Investment Portfolio: Mitch's investment portfolio includes not just houses but also land and mobile homes, catering to buyers who seek land without HOA restrictions.
4. Lifestyle Transformation: On a personal note, Mitch shared his inspiring journey of quitting smoking and drinking after 40 years and losing over 40-50 pounds, completely transforming his lifestyle.
To learn more about Mitch Stephen's investment career, publications, and coaching services, make sure to visit his website www.1000houses.com, and grab his ebook about his remarkable lifestyle transformation at www.1000houses.com/enough.
Whether you're a seasoned investor or a newcomer to the real estate industry, Mitch's wealth of knowledge and transformative story are sure to inspire and inform!
Timestamp:
0:01 - Raising Private Money Without Asking For It
1:05 - Jay’s New Book: “Where To Get The Money Now” - https://www.jayconner.com/Book
2:01 - Today’s guest: Mitch Stephen
5:37 - Get Mitch Stephen’s ebook here: https://www.1000houses.com/enough
7:25 - How do you fill up your time?
9:14 - Mitch Stephen’s real estate business
15:03 - What makes a good deal?
16:28 - How does a potential owner-financed buyer find out about your deals?
22:15 - Get connected with Mitch Stephen: https://www.1000houses.com
23:34 - Importance of Coach.
23:59 - Mitch Stephen’s current deals.
25:40 - Favorite ways to find sellers.
27:00 - Consistent source of seller lead flow.
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