1000Houses.com Podcast

1000Houses.com Podcast

By Mitch StephenBusinessInvestingCareers
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1000Houses.com Podcast episodes

  • Episode 178: Multiple Streams of Income

    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 1,500 properties in and about San Antonio, Tx since 1996. This company specializes in buying distressed properties with OPM and the selling of those owner financed properties.

    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 http://1000houses.com/the-book/

    EDUCATOR:

    Mitch offers Online Education, Group Coaching, and one-on-one Mentorships as it relates to all the aspects of Owner Financing and owner financed properties.

    Mitch forged the creation of a mass texting software, LiveComm.com to help solve problems that arise when you get numerous calls from bandit signs and other advertising efforts to sell your houses.

    The main reason Mitch wanted this system was to reduce the number of calls from potential buyers (that asked the same questions over and over) to a group of the most qualified buyers, saving time for the sales team. This solves that and much more to streamline your selling process.

    What you’ll learn about in this episode:

    Doing one thing really well and not stretching yourself too thin
    Focusing on a business and getting it to a point where it can run without you before trying to do something else
    Why your secondary business(es) need to relate to your core business
    How Mitch got his house buying and selling business so that it worked without him
    Turning his problem of having more private money than he knew what to do with into a hard money loaning business (and how that business runs without him too)
    The education business Mitch started after no longer being in the day-to-day of those two companies
    Mitch’s boat storage business that is yet another stream of income
    How he turned his travel expenses into a travel business
    LiveComm: Mitch’s business for handling calls and mass texting
    Why becoming an expert in one things and creating as many businesses as you can that relate to that one thing is the key for multiple streams of income that actually work
    Resources:
    REInvestorSummit.com/101
    REInvestorSummit.com/Sly
    REInvestorSummit.com/coaching
    REInvestorSummit.com/Machine





    28 min
  • Episode 177: How the New Trump Tax Law Affects YOU

    Ed Guerrero was born and raised in San Antonio. He graduated from the University of Texas at San Antonio in 1987 with a Bachelor’s Degree in Business Administration, majoring in both Accounting and Finance. Ed’s experience includes over 26 years in areas like accounting, auditing, and technology. He became a Certified Public Accountant in 1989. He is also an entrepreneur that owns 12 other affiliated companies. Ed’s interests include Taxation, Finance, Real Estate Investment, and Technology.

    During the Last 10 years, Ed has built a CPA practice which now includes over 3,700 clients. Based on each client’s unique situation, he offers the following services: accounting, taxation, IRS representation and technology. His practice employs 20 full-time and 5 part-time personnel. His practice is one of the fastest CPA firms growing in San Antonio at a 65% growth rate in revenue each year. About 80 times a year, Ed speaks about tax strategies and keeping the books to organizations such as UTSA, SBDC, ACCION, Various Chamber of Commerce and Real Estate Associations. Also, by hosting monthly luncheons and dinners for small business owners, Ed had been very successful in providing proactive tax strategies. He coaches and teaches new methods of Accounting, Taxation, Wealth Building, and Tax Strategies.

    What you’ll learn about in this episode:

    Ed’s weekly radio show where he answers tax questions
    Being proactive instead of reactive with your tax planning
    Why taxes are not what you have to pay but what you want to pay
    The changes to the deduction process that will impact the taxes you pay, especially if you’re a family with a lot of kids
    Why home equity loan interest can no longer be deducted under the new law
    Why the tax changes are much better on the business side than the personal side
    The huge tax reduction that makes C corps a great opportunity and a tax strategy to capitalize on this strategy
    The reduction on passthrough income
    Turning personal expenses into business expenses
    Why your kids can work in your business at any age
    Why you’re throwing money away if you don’t own a business
    Passive vs active real estate investing and the tax benefits active investing gives you
    How to get Ed’s free tax analysis
    Resources:
    Call Melinda Alexis at 210-490-7100
    REInvestorSummit.com/live
    REInvestorSummit.com/reviews
    REInvestorSummit.com/100
    REInvestorSummit.com/101





    48 min
  • Episode 176: Ryan Enk: Passive Income Using an RV
    Ryan Enk is a small business owner, entrepreneur, and successful real estate investor. He lives in Louisiana with his wife and 5 boys. The purpose of this blog is to help others learn how to pursue “Return To Life” Investing. RTL investing.

    What you’ll learn about in this episode:
    Why RVs are a great opportunity to create a very quick producing, high cash flow business even if you have no money or no credit
    Owner financing: why 25% of the market is willing to owner finance their RV
    What causes RV owners to be willing to sell their RVs so cheaply
    Ryan’s rolling real estate formula you can use to start your own real estate business
    The screening process for deciding if someone should be able to rent an RV or not
    Why renter damage isn’t really a problem even for the most profitable people in this industry
    How Ryan is able to make over $100,000 a year on just five units
    The RV ROI calculator: a game changing tool for determining how much can be made with RVs
    The rolling real estate six-figure society: the $1,000 giveaways Ryan gives his students monthly when they complete certain tasks
    Some of the added benefits of an RV rental business
    Resources:
    REInvestorSummit.com/RV
    REInvestorSummit.com/skiptrace
    REInvestorSummit.com/live
    REInvestorSummit.com/coaching
    REInvestorSummit.com/aof

    Love the show? Subscribe, rate, review, and share!

  • Here’s How »


  • Join the Real Estate Investor Summit Community:

  • reinvestorsummit.com

  • Real Estate Investor Summit Facebook

  • Real Estate Investor Summit Twitter

  • Real Estate Investor Summit YouTube

  • Mitch Stephen LinkedIn

  • 26 min
  • Episode 176: Ryan Enk: Passive Income Using an RV

    Ryan Enk is a small business owner, entrepreneur, and successful real estate investor. He lives in Louisiana with his wife and 5 boys. The purpose of this blog is to help others learn how to pursue “Return To Life” Investing. RTL investing.

    What you’ll learn about in this episode:

    Why RVs are a great opportunity to create a very quick producing, high cash flow business even if you have no money or no credit
    Owner financing: why 25% of the market is willing to owner finance their RV
    What causes RV owners to be willing to sell their RVs so cheaply
    Ryan’s rolling real estate formula you can use to start your own real estate business
    The screening process for deciding if someone should be able to rent an RV or not
    Why renter damage isn’t really a problem even for the most profitable people in this industry
    How Ryan is able to make over $100,000 a year on just five units
    The RV ROI calculator: a game changing tool for determining how much can be made with RVs
    The rolling real estate six-figure society: the $1,000 giveaways Ryan gives his students monthly when they complete certain tasks
    Some of the added benefits of an RV rental business
    Resources:
    REInvestorSummit.com/RV
    REInvestorSummit.com/skiptrace
    REInvestorSummit.com/live
    REInvestorSummit.com/coaching
    REInvestorSummit.com/aof

    Love the show? Subscribe, rate, review, and share!
    • Here’s How »
    • Join the Real Estate Investor Summit Community:
      • reinvestorsummit.com
      • Real Estate Investor Summit Facebook
      • Real Estate Investor Summit Twitter
      • Real Estate Investor Summit YouTube
      • Mitch Stephen LinkedIn
      • 28 min
      • Episode 176: Ryan Enk: Passive Income Using an RV

        Ryan Enk is a small business owner, entrepreneur, and successful real estate investor. He lives in Louisiana with his wife and 5 boys. The purpose of this blog is to help others learn how to pursue “Return To Life” Investing. RTL investing.

        What you’ll learn about in this episode:

        Why RVs are a great opportunity to create a very quick producing, high cash flow business even if you have no money or no credit
        Owner financing: why 25% of the market is willing to owner finance their RV
        What causes RV owners to be willing to sell their RVs so cheaply
        Ryan’s rolling real estate formula you can use to start your own real estate business
        The screening process for deciding if someone should be able to rent an RV or not
        Why renter damage isn’t really a problem even for the most profitable people in this industry
        How Ryan is able to make over $100,000 a year on just five units
        The RV ROI calculator: a game changing tool for determining how much can be made with RVs
        The rolling real estate six-figure society: the $1,000 giveaways Ryan gives his students monthly when they complete certain tasks
        Some of the added benefits of an RV rental business
        Resources:
        REInvestorSummit.com/RV
        REInvestorSummit.com/skiptrace
        REInvestorSummit.com/live
        REInvestorSummit.com/coaching
        REInvestorSummit.com/aof





        28 min
      • Episode 175: The Power of Group Coaching and Q&A Sessions!

        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 1,500 properties in and about San Antonio, Tx since 1996. This company specializes in buying distressed properties with OPM and the selling of those owner financed properties.

        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 http://1000houses.com/the-book/

        EDUCATOR:

        Mitch offers Online Education, Group Coaching, and one-on-one Mentorships as it relates to all the aspects of Owner Financing and owner financed properties.

        Mitch forged the creation of a mass texting software, LiveComm.com to help solve problems that arise when you get numerous calls from bandit signs and other advertising efforts to sell your houses.

        The main reason Mitch wanted this system was to reduce the number of calls from potential buyers (that asked the same questions over and over) to a group of the most qualified buyers, saving time for the sales team. This solves that and much more to streamline your selling process.

        What you’ll learn about in this episode:

        Mitch’s group coaching: a great option if you can’t afford his one-on-one coaching
        Why he’ll never sub the group coaching out to anyone else
        Every question gets answered: why there’s no time limit each week
        What the regular attendees get out of the coaching that those who show up less frequently miss out on
        Some of the common topics that discussed from week to week
        Why it’s easier to learn when working through the real-life situations people bring to the table during these sessions than hypothetical scenarios
        The 200 archived Q&A’s that you’ll get instant access to when you sign up for the group coaching
        The process where members get advice from Mitch, apply it, and come back the week later to see if it worked and if anything needs to be adjusted
        The social proof you will get from seeing other people doing deals and getting money that will build confidence in your own prospects
        Why Mitch keeps doing the group coaching every week after 5 years
        Why you can’t measure what this group coaching will prevent you from losing
        Resources:
        REInvestorSummit.com/coaching
        REInvestorSummit.com/Machine
        REInvestorSummit.com/skiptrace
        REInvestorSummit.com/100





        27 min
      • Episode 174: How to Structure Sellable Notes

        For over 10 years Rick Allen has been an active investor. As the Co-Founder and fund manager of Cloud Capital Management and the Co- Founder of Paperstac, he has conducted transactions with large A-list institutions.

        Rick has expert experience in investment strategies of the real estate sector, with a primary focus on discounted Acquisitions and distressed assets. He has participated in the purchase of over 400 single family homes with a purchase price of $25,000,000.00 and a market value of $45,000,000.00.

        Since 2014 he’s been actively working on a new way for note investors to purchase and sell mortgage notes. Now that their platform is live, they’ve been actively growing and expanding the market to bring the opportunity of mortgage notes to a larger audience.

        What you’ll learn about in this episode:

        How Cloud Capital was started and why they got into notes
        Buying non-performing notes vs. creating notes from scratch
        Getting your notes as close to institutionalized paper as possible
        Hiring an RLMO from the beginning to set your notes up right (and why there’s no going back and fixing them if they’re set up wrong)
        How Rick and TJ make the most money on notes by buying beat up notes, cleaning them up, and selling them for a profit
        Some of the most common issues that need to be cleared up with notes
        Assignment verification: a process Rick and TJ use to follow who has been assigned the note and when (and why not all notes need to follow this process)
        Why the laws around notes are different in different states and why you should pick a small set of states to work in
        Why wholesaling is a great place to start out in real estate and the course Rick and TJ are offering for you to learn what you need to know
        What a perfect note looks like
        Resources:
        REInvestorSummit.com/PaperStac
        REInvestorSummit.com/noteservicing
        REInvestorSummit.com/reviews
        REInvestorSummit.com/aof
        REInvestorSummit.com/101

        Love the show? Subscribe, rate, review, and share!
        • Here’s How »
        • Join the Real Estate Investor Summit Community:
          • reinvestorsummit.com
          • Real Estate Investor Summit Facebook
          • Real Estate Investor Summit Twitter
          • Real Estate Investor Summit YouTube
          • Mitch Stephen LinkedIn
          • 44 min
          • Episode 174: How to Structure Sellable Notes

            For over 10 years Rick Allen has been an active investor. As the Co-Founder and fund manager of Cloud Capital Management and the Co- Founder of Paperstac, he has conducted transactions with large A-list institutions.

            Rick has expert experience in investment strategies of the real estate sector, with a primary focus on discounted Acquisitions and distressed assets. He has participated in the purchase of over 400 single family homes with a purchase price of $25,000,000.00 and a market value of $45,000,000.00.

            Since 2014 he’s been actively working on a new way for note investors to purchase and sell mortgage notes. Now that their platform is live, they’ve been actively growing and expanding the market to bring the opportunity of mortgage notes to a larger audience.

            What you’ll learn about in this episode:

            How Cloud Capital was started and why they got into notes
            Buying non-performing notes vs. creating notes from scratch
            Getting your notes as close to institutionalized paper as possible
            Hiring an RLMO from the beginning to set your notes up right (and why there’s no going back and fixing them if they’re set up wrong)
            How Rick and TJ make the most money on notes by buying beat up notes, cleaning them up, and selling them for a profit
            Some of the most common issues that need to be cleared up with notes
            Assignment verification: a process Rick and TJ use to follow who has been assigned the note and when (and why not all notes need to follow this process)
            Why the laws around notes are different in different states and why you should pick a small set of states to work in
            Why wholesaling is a great place to start out in real estate and the course Rick and TJ are offering for you to learn what you need to know
            What a perfect note looks like
            Resources:
            REInvestorSummit.com/PaperStac
            REInvestorSummit.com/noteservicing
            REInvestorSummit.com/reviews
            REInvestorSummit.com/aof
            REInvestorSummit.com/101





            44 min
          • Episode 173: Top 10 Reasons YOU Need to Have Asset Protection

            Scott Smith, Esq. is an experienced podcast guest and owner of Royal Legal Solutions in Austin, Texas, one of the top asset protection companies for real estate investors in the country. In order to develop strategies to maximize tax savings and protect from devastating lawsuits, Scott invested several years deconstructing real estate investing.

            Scott graduated from Albany Law School in 2012 and kicked off his career by working in high stakes litigation. Scott has been investing in real estate for years and started developing strategies based on his own litigation experience.

            Scott invested in all types of asset classes including SFR and multi-family residential, commercial, notes, and more. The first property he purchased was a commercial property while in Law School. Scott has personally invested in over 10 different states and has advised investors in almost every state in the United States.

            Royal Legal Solutions, founded by Scott, provides business, tax, and legal solutions geared exclusively for real estate investors. Scott’s 8+ years of experience in deconstructing real estate investing has led him to develop strategies to protect assets from lawsuits, maximize tax savings, and more.

            What you’ll learn about in this episode:

            How much equity you should have before investing in protecting your assets
            Why you are infinitely better working on asset protection proactively rather than reactively
            Why every business should separate all their assets from their operations
            The many disadvantages of a C-Corp
            Compartmentalization and anonymity: the roles they play in protecting and hiding your assets from people looking to take them from you
            Understanding what’s actually covered by your insurance and what you need to protect
            Why it’s not worth it to become an insurance expert
            Why setting up an operating LLC is so important to asset protection
            The difference between an umbrella policy and a business liability policy
            The process of equity stripping and how it could prove advantageous for you in the event of a lawsuit
            Understanding exactly what suitors are looking for when they file suit against you
            How you can set up a meeting with Scott to discuss how best to structure your business to protect your assets
            Resources:
            REInvestorSummit.com/assetprotection
            REInvestorSummit.com/mypodcast
            REInvestorSummit.com/reviews
            REInvestorSummit.com/100
            REInvestorSummit.com/coaching





            34 min
          • Episode 172: So You Don’t Have Any Money

            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 1,500 properties in and about San Antonio, Tx since 1996. This company specializes in buying distressed properties with OPM and the selling of those owner financed properties.

            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 http://1000houses.com/the-book/

            EDUCATOR:

            Mitch offers Online Education, Group Coaching, and one-on-one Mentorships as it relates to all the aspects of Owner Financing and owner financed properties.

            Mitch forged the creation of a mass texting software, LiveComm.com to help solve problems that arise when you get numerous calls from bandit signs and other advertising efforts to sell your houses.

            The main reason Mitch wanted this system was to reduce the number of calls from potential buyers (that asked the same questions over and over) to a group of the most qualified buyers, saving time for the sales team. This solves that and much more to streamline your selling process.

            What you’ll learn about in this episode:

            Why you shouldn’t let being broke prevent you from getting into real estate
            Why having money doesn’t give you an advantage in real estate
            Mitch’s story: how he was able to achieve success with no money
            Fixing the money-only mindset
            Finding the deals first and worrying about the money second
            Why you need to stop running away from your fears
            The key pieces of an effective contract
            How to assess the value of a property
            A real estate investor’s #1 asset
            Becoming a professional deal-writer
            Resources:
            REInvestorSummit.com/nomoney
            REInvestorSummit.com/Grow
            REInvestorSummit.com/capital
            REInvestorSummit.com/coaching

            Love the show? Subscribe, rate, review, and share!
            • Here’s How »
            • Join the Real Estate Investor Summit Community:
              • reinvestorsummit.com
              • Real Estate Investor Summit Facebook
              • Real Estate Investor Summit Twitter
              • Real Estate Investor Summit YouTube
              • Mitch Stephen LinkedIn
              • 19 min

              About 1000Houses.com Podcast

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