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My Life & 1000 Houses: The Art of Owner Financing, by Mitch Stephen

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Author Mitch Stephen has been a self-employed, creative real estate investor for over 20 years. He bought and sold well over 1,000 houses in his hometown and specializes in “The Art of Owner Financing.” He has written two other books centered on his experience in real estate… MY LIFE & 1,000 HOUSES: Failing Forward to Financial Freedom MY LIFE & 1,000 HOUSES: 200+ Ways to Find Bargain Properties This book, MY LIFE & 1,000 HOUSES: The Art of Owner Financing, is an insider’s look at a very powerful strategy for building wealth quickly. In this book you’re going to learn… � How to get paid to build your cash flow. � How to generate cash flow without being a landlord. � How to get paid six ways on your deals. � How to recognize what properties are good to owner finance. � How to make money on the properties that aren’t good to owner finance. � How to find private money for your deals. � How to sell notes with little to no discount. …and much, much more! Tired of being a landlord? Are you tired of all the late night phone calls about leaking toilets, busted hot water heaters, broken air conditioners, and on and on and on? If so, this book is a must read! For years the gurus of the day have been selling us the “Buy & Hold” myth. Most landlords have fooled themselves into thinking they’re making money. Year after year would-be-retirees have to postpone their retirement because the rental income they calculated on paper never makes it to their tax return. Mitch can show you exactly why this is happening and how to stop it from happening by using a strategy that is less known and grossly misunderstood. The owner financing strategy changes everything! Change your property’s value. Change your community for the better. Change your buyer’s life, and change your personal financial situation in the process. All kinds of doors open when we stop using broken down traditional techniques and start thinking outside the box. And best of all, 90% of the deals are done with none of your own money! The strategies in this book are mind-blowing! Mitch believes that real estate investing is a tremendous strategy for acquiring wealth. He has helped new investors find their place; He has helped veteran investors re-invent themselves by BECOMING THE BANK! For more information regarding online courses, group coaching, and full-on mentorship, visit 1000Houses.com or contact Support@1000Houses.com
- Sales Rank: #101548 in Books
- Published on: 2016-02-25
- Original language: English
- Dimensions: 9.00" h x .54" w x 6.00" l, .94 pounds
- Binding: Paperback
- 226 pages
About the Author
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. REAL ESTATE INVESTOR: 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 1,300 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. Cash4Houses.NET (Buying Site) Homes2Go.NET (Selling Site) MoatNoteServicing.com (Note Servicing) STORAGE FACILITY OWNER: The Stephen family built wealth by purchasing very affordable homes, selling them for double the cost, and owner financing the sale by creating 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 in front of a state park at the lake, and the storage business has grown to over 1,100 storage doors in 16 locations; CanyonLakeStorage.com FlourBluffStorage.com RockportFultonBoatStorage.com AUTHOR: Mitch is the author 3 books: MY LIFE & 1,000 HOUSES: Failing Forward to Financial Freedom MY LIFE & 1,000 HOUSES: 200+ Ways to Find Bargain Properties My Life & 1,000 Houses The Art of Owner Financing For more info about these books go to 1000Houses.com EDUCATOR: Mitch offers Online Education, Group Coaching, and Full-on Mentorships as it relates to all the aspects of Owner Financing. Mitch's personal expertise includes; Raising Private Money, Finding Bargain Properties, Negotiating Favorable Terms, Dealing with Renovations and Contractors, Selling Houses, Selling Notes with little to NO Discount, and helping others deal with the everyday throws of life in business. He is very familiar with Dodd-Frank, RMLOs, S.A.F.E. Act, Texas Property Code, Truth -in-Lending, R.E.S.P.A. and the legal options available in the owner finance domain. http://1000Houses.com Mitch forged the creation of a mass texting software to help solve problems that arise when you get numerous calls from bandit signs advertising Owner Financed Houses. Http://LiveComm.com
Most helpful customer reviews
1 of 1 people found the following review helpful.
Some people would consider spending $40+ on a book just ...
By Brian Johnson
Some people would consider spending $40+ on a book just plain silly... But the if you follow through on the information Mitch gives in this book, your return on investment will be incalculable.
This is a must read for anybody who even considers themselves a Real Estate Investor or has hopes of becoming one in the near future.
I literally cracked opened this book and read it cover to cover in only 2 sitting and can't wait to implement these very strategies in my own business.
2 of 2 people found the following review helpful.
Fear holds most people back from doing something like this. With all the legal information and insider ...
By Miss Lisha
Received my copy of My Life & 1,000 Houses. There is so much real, practical advice in this book. Fear holds most people back from doing something like this. With all the legal information and insider tips, this levels the playing field for everybody. We all know properties, and houses are always in demand. You can make over entire neighborhoods, change your life and somebody elses in the process. Brilliant ideas, easy instruction. Thank you for sharing the secrets that can essentially make dreams come true!
0 of 0 people found the following review helpful.
Hip National Bank....yeah!!
By Michael Spence
After reading Mitch's D Art of Owner Financing I feel like I can BREATHE!!
I've been a real estate investor and LLAANNDDLLOOORRDD for 15+ yrs. If calamity can happen...then both of my hands are RAISED!!
What happened....broken windows, dog POOP, ran-out-in-d-middle-of-d night, a fire almost burned one property, HOA issues because of unkempt tenants...well you get the gist of my angst.
Owner financing....collecting money for "hip-natinonal-bank.....which is my pocket sounds great!!!
Collecting rent and then unexpected repairs.....yeah I've been there ---done that----don't want to do-it again.
Oh yeah, all of my houses have mortgages so being d bank is extremely appealing.
I am a little guy out here trying to make-it in real estate and this is d best thing I've heard of.
Finally I can get instructions from someone that's specialized in this area rather than a "do it all real estate know it all/nothing".
I will post again after using this strategy & completing my firt purchase.
MSpence...." mike drop" out!!
See all 24 customer reviews...
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