1000Houses.com Podcast

1000Houses.com Podcast

By Mitch StephenBusinessInvestingCareers
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1000Houses.com Podcast episodes

  • 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





    19 min
  • Episode 171: How to Properly Structure a Note and Sell It

    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 note buying positively impacts the community
    The negative impact a vacant home has on a community
    Rick and TJ’s strategy of investing in small-balance mortgage notes
    How they create sustainable home ownership for underserved markets, primarily low to middle income borrowers
    The partnership they have with a technology company to speed up the time it takes to fill out the loss mitigation packet
    How Rick and TJ structure their deals with borrowers to make it a win-win scenario for both parties
    The impact on a community allowing someone to live in a house has just in property taxes
    The negative impact Dodd Frank has had
    Resources:
    REInvestorSummit.com/PaperStac
    REInvestorSummit.com/NoteStac
    REInvestorSummit.com/FreeBluePrint
    REInvestorSummit.com/Machine
    REInvestorSummit.com/Sly





    33 min
  • Episode 170: Finding Your Niche in Real Estate
    Mat Trenchard earned an accounting degree from the University of Houston – Downtown. Right out of school, he went to work at KPMG as a public auditor.

    He quickly found that his career path did not align with the vision he had for his life. Shortly thereafter, Mat realized his true passion was working with people and found an interest in real estate.

    Following his position at KPMG, Mat went on to become the CFO of one of the top property management companies in Houston where he oversaw their accounting and finances. While Mat learned quickly how to analyze the numbers behind real estate investment, he wasn’t tapped into his passion for working with people. Mat joined Senna House Buyers in a sales role and found immediate success because of his ability to connect with other people.

    He has a unique ability to think outside the box to find creative solutions to any type of situation. Over the course of the next couple of years, Mat continued to take on more responsibility and apply his unique skill set to help grow Senna House Buyers. He has proven to become an invaluable asset to the team and has become a partner in the company.

    Mat enjoys spending time with his wife Shanna and son Aiden. He loves being outdoors and is an avid runner, triathlete and plays lacrosse for the Houston Heights Lacrosse Club.

    What you’ll learn about in this episode:
    Wholesaling 100 houses a year
    The obstacles and opportunities available with flood-damaged houses
    How some properties can reclaim lost value in just a few years after a flood
    The risk in Houston, TX where no one knows for sure what is going to happen with flood insurance after Hurricane Harvey
    Why you should always get flood insurance (and why you should sell a property if the flood insurance is so high that you don’t want to pay it)
    Labor costs: why Mat hasn’t seen a huge labor cost increase but why the demand may make it so for others
    Why lower value houses keep demand when the overall housing market decreases
    How Mat is able to wholesale houses in less than a month
    Using a coach to make sure you don’t make dumb mistakes that are easily avoided
    Keeping people in your organization motivated by paying based on commission
    Why you’re not going to become a millionaire overnight
    Resources:
    REInvestorSummit.com/sennahousebuyers
    REInvestorSummit.com/mypodcast
    REInvestorSummit.com/noteservicing
    REInvestorSummit.com/100
    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

  • 33 min
  • Episode 170: Finding Your Niche in Real Estate

    Mat Trenchard earned an accounting degree from the University of Houston – Downtown. Right out of school, he went to work at KPMG as a public auditor.

    He quickly found that his career path did not align with the vision he had for his life. Shortly thereafter, Mat realized his true passion was working with people and found an interest in real estate.

    Following his position at KPMG, Mat went on to become the CFO of one of the top property management companies in Houston where he oversaw their accounting and finances. While Mat learned quickly how to analyze the numbers behind real estate investment, he wasn’t tapped into his passion for working with people. Mat joined Senna House Buyers in a sales role and found immediate success because of his ability to connect with other people.

    He has a unique ability to think outside the box to find creative solutions to any type of situation. Over the course of the next couple of years, Mat continued to take on more responsibility and apply his unique skill set to help grow Senna House Buyers. He has proven to become an invaluable asset to the team and has become a partner in the company.

    Mat enjoys spending time with his wife Shanna and son Aiden. He loves being outdoors and is an avid runner, triathlete and plays lacrosse for the Houston Heights Lacrosse Club.

    What you’ll learn about in this episode:

    Wholesaling 100 houses a year
    The obstacles and opportunities available with flood-damaged houses
    How some properties can reclaim lost value in just a few years after a flood
    The risk in Houston, TX where no one knows for sure what is going to happen with flood insurance after Hurricane Harvey
    Why you should always get flood insurance (and why you should sell a property if the flood insurance is so high that you don’t want to pay it)
    Labor costs: why Mat hasn’t seen a huge labor cost increase but why the demand may make it so for others
    Why lower value houses keep demand when the overall housing market decreases
    How Mat is able to wholesale houses in less than a month
    Using a coach to make sure you don’t make dumb mistakes that are easily avoided
    Keeping people in your organization motivated by paying based on commission
    Why you’re not going to become a millionaire overnight
    Resources:
    REInvestorSummit.com/sennahousebuyers
    REInvestorSummit.com/mypodcast
    REInvestorSummit.com/noteservicing
    REInvestorSummit.com/100
    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
      • 36 min
      • Episode 170: Finding Your Niche in Real Estate

        Mat Trenchard earned an accounting degree from the University of Houston – Downtown. Right out of school, he went to work at KPMG as a public auditor.

        He quickly found that his career path did not align with the vision he had for his life. Shortly thereafter, Mat realized his true passion was working with people and found an interest in real estate.

        Following his position at KPMG, Mat went on to become the CFO of one of the top property management companies in Houston where he oversaw their accounting and finances. While Mat learned quickly how to analyze the numbers behind real estate investment, he wasn’t tapped into his passion for working with people. Mat joined Senna House Buyers in a sales role and found immediate success because of his ability to connect with other people.

        He has a unique ability to think outside the box to find creative solutions to any type of situation. Over the course of the next couple of years, Mat continued to take on more responsibility and apply his unique skill set to help grow Senna House Buyers. He has proven to become an invaluable asset to the team and has become a partner in the company.

        Mat enjoys spending time with his wife Shanna and son Aiden. He loves being outdoors and is an avid runner, triathlete and plays lacrosse for the Houston Heights Lacrosse Club.

        What you’ll learn about in this episode:

        Wholesaling 100 houses a year
        The obstacles and opportunities available with flood-damaged houses
        How some properties can reclaim lost value in just a few years after a flood
        The risk in Houston, TX where no one knows for sure what is going to happen with flood insurance after Hurricane Harvey
        Why you should always get flood insurance (and why you should sell a property if the flood insurance is so high that you don’t want to pay it)
        Labor costs: why Mat hasn’t seen a huge labor cost increase but why the demand may make it so for others
        Why lower value houses keep demand when the overall housing market decreases
        How Mat is able to wholesale houses in less than a month
        Using a coach to make sure you don’t make dumb mistakes that are easily avoided
        Keeping people in your organization motivated by paying based on commission
        Why you’re not going to become a millionaire overnight
        Resources:
        REInvestorSummit.com/sennahousebuyers
        REInvestorSummit.com/mypodcast
        REInvestorSummit.com/noteservicing
        REInvestorSummit.com/100
        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
          • 36 min
          • Episode 170: Finding Your Niche in Real Estate

            Mat Trenchard earned an accounting degree from the University of Houston – Downtown. Right out of school, he went to work at KPMG as a public auditor.

            He quickly found that his career path did not align with the vision he had for his life. Shortly thereafter, Mat realized his true passion was working with people and found an interest in real estate.

            Following his position at KPMG, Mat went on to become the CFO of one of the top property management companies in Houston where he oversaw their accounting and finances. While Mat learned quickly how to analyze the numbers behind real estate investment, he wasn’t tapped into his passion for working with people. Mat joined Senna House Buyers in a sales role and found immediate success because of his ability to connect with other people.

            He has a unique ability to think outside the box to find creative solutions to any type of situation. Over the course of the next couple of years, Mat continued to take on more responsibility and apply his unique skill set to help grow Senna House Buyers. He has proven to become an invaluable asset to the team and has become a partner in the company.

            Mat enjoys spending time with his wife Shanna and son Aiden. He loves being outdoors and is an avid runner, triathlete and plays lacrosse for the Houston Heights Lacrosse Club.

            What you’ll learn about in this episode:

            Wholesaling 100 houses a year
            The obstacles and opportunities available with flood-damaged houses
            How some properties can reclaim lost value in just a few years after a flood
            The risk in Houston, TX where no one knows for sure what is going to happen with flood insurance after Hurricane Harvey
            Why you should always get flood insurance (and why you should sell a property if the flood insurance is so high that you don’t want to pay it)
            Labor costs: why Mat hasn’t seen a huge labor cost increase but why the demand may make it so for others
            Why lower value houses keep demand when the overall housing market decreases
            How Mat is able to wholesale houses in less than a month
            Using a coach to make sure you don’t make dumb mistakes that are easily avoided
            Keeping people in your organization motivated by paying based on commission
            Why you’re not going to become a millionaire overnight
            Resources:
            REInvestorSummit.com/sennahousebuyers
            REInvestorSummit.com/mypodcast
            REInvestorSummit.com/noteservicing
            REInvestorSummit.com/100
            REInvestorSummit.com/coaching





            36 min
          • Episode 169: Motivated Seller Leads

            At the age of 23, with nothing but determination, Daniel Moore bought his very first investment property. He has since taken those lessons learned and by the age of 28 became a full time investor.

            In 2014, Daniel teamed up with his business partner Nate Worcester to create a software service company with one goal in mind – to help other investors grow. The result of their combined efforts is the most powerful real estate automation system ever created – Propelio.

            What you’ll learn about in this episode:

            Daniel’s real estate investing show Propelio TV
            Propelio: how it helps investors generate leads
            The little-known way to find new deals
            The features and benefits subscribers receive with Propelio
            How to receive a discount on a subscription to Propelio
            Being proactive with the leads you collect
            How to maximize Propelio’s services to make your money back quickly
            How Propelio differs from other MLS resources
            Daniel’s advice for new investors who want to take it to the next level
            Resources:
            REInvestorSummit.com/Propelio
            REInvestorSummit.com/skiptrace
            REInvestorSummit.com/Grow
            REInvestorSummit.com/mypodcast
            REInvestorSummit.com/aof





            33 min
          • Episode 168: Tom Berry: Wrapable Note

            Tom Berry is an established, seasoned real estate investor and teacher in the greater Houston area. Tom did not achieve success overnight, rather his story is one of humble beginnings. Surprisingly, Tom’s career did not start out in real estate. His initial career path was in corporate management and sales. Like many, Tom dreamed of self-employment and to establish long-term wealth. He decided to take the risk, left his nine to five, and started his first company.

            The success was short lived as he soon experienced the financial crash in 2007, forcing him to close the doors on the financial service firm. It was after this that he ventured into the world of real estate investing and he’s never looked back.

            Today, with over a decade of real estate investing, Tom is the Founder and Principal Owner of Tom Berry REI, Edgewater Property Management, Galco Properties, an off-market wholesaling company. President and Owner of The Wealth Club, a REI networking and educational organization, a Partner with Prosperity Real Estate, a coaching and mentoring program, and a Partner of an Asset Based lending company, Investor Loan Source.

            His courage to pursue his dream allowed him to drastically change everything about his life, and his family lineage. He encourages other entrepreneurs to do the same. “All the businesses I own today were inspired by the challenges I faced when I was starting out. I made a ‘one stop shop’ because that is what I needed; it’s what I wished had been available when I started investing.”

            Investor Loan Source was indefinitely created by this asset-based 100% asset based lending, no income or reserve requirements. ILS also provides loan options statewide that aren’t available anywhere else or are underserved in the marketplace. Tom Berry is consistently creating unique and innovative resources to meet the needs of today’s real estate investor.

            What you’ll learn about in this episode:

            How Tom and his wife overcame the financial crash which took everything from them
            The markets Tom focuses on with his investing strategy
            How Tom developed the wrapable note
            The wrapable note: what it is and how it works
            Investing in real estate without having a lot of money up front
            How real estate laws differ in several states
            How long it takes for a deal to close with a wrapable note
            What private lenders are looking for in collateral before lending capital
            Tom’s advice for creative investors and young entrepreneurs
            Resources:
            REInvestorSummit.com/wealthclub
            REInvestorSummit.com/Grow
            REInvestorSummit.com/mypodcast
            REInvestorSummit.com/aof
            REInvestorSummit.com/101





            24 min
          • Episode 167: Scott Maurer: Self-Directed IRAs and Solo 401Ks
            Scott Maurer holds the distinct designation of Certified IRA Services Professional (CISP) and leads engaging seminars and webinars designed to educate the public on the intricacies of self-directed IRAs. He is experienced with many different investment types and their unique processes. Scott is a licensed attorney and graduate of the University of Florida Law School.

            What you’ll learn about in this episode:
            The difference between a traditional IRA and a Roth IRA
            How a Roth IRA can help you live tax-free
            The types of investments you can make with your Roth IRA
            Taking control of your financial future using your IRA
            The most common investments Scott sees and deals with
            Structuring your private lending deals so that you receive fair value in collateral
            Creative ways to use your IRA and make investments without having to pay taxes
            How to find the right people to network and do deals with
            How to get a free copy of Scott’s ebook “Best Practices When Investing Your IRA into Real Estate”
            Resources:
            REInvestorSummit.com/sdira
            REInvestorSummit.com/capital
            REInvestorSummit.com/live
            REInvestorSummit.com/100
            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

          • 51 min
          • Episode 167: Scott Maurer: Self-Directed IRAs and Solo 401Ks

            Scott Maurer holds the distinct designation of Certified IRA Services Professional (CISP) and leads engaging seminars and webinars designed to educate the public on the intricacies of self-directed IRAs. He is experienced with many different investment types and their unique processes. Scott is a licensed attorney and graduate of the University of Florida Law School.

            What you’ll learn about in this episode:

            The difference between a traditional IRA and a Roth IRA
            How a Roth IRA can help you live tax-free
            The types of investments you can make with your Roth IRA
            Taking control of your financial future using your IRA
            The most common investments Scott sees and deals with
            Structuring your private lending deals so that you receive fair value in collateral
            Creative ways to use your IRA and make investments without having to pay taxes
            How to find the right people to network and do deals with
            How to get a free copy of Scott’s ebook “Best Practices When Investing Your IRA into Real Estate”
            Resources:
            REInvestorSummit.com/sdira
            REInvestorSummit.com/capital
            REInvestorSummit.com/live
            REInvestorSummit.com/100
            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
              • 55 min

              About 1000Houses.com Podcast

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