1000Houses.com Podcast

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:

MY LIFE & 1,000 HOUSES:

MY LIFE & 1,000 HOUSES:

My Life & 1,000 Houses

For more info about these books go to http://1000houses.com/the-book/

EDUCATOR:

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:

Mac Ford Jr. is from Baltimore, Maryland and graduated from University of Mississippi with a degree in Managerial Finance. After graduation, he started in the insurance sector. He saw an opportunity to be a mentee under Mitch and decided to take full advantage. He has been in the real estate field for a little over a year and has grown a true passion for the industry. With Mitch’s guidance and expertise, he is turning many problem properties into revenue churning vehicles via owner finance.

What you’ll learn about in this episode:

Ron Douglas is a husband and father of 8. Kicked out of high school in the tenth grade, Ron went to street racing and broke his back in a car accident at 18. He was paralyzed from the waist down and learned to walk again, making a full recovery. He became a prison guard at 19 and was on the riot team by 20. He worked death row from 22-24 and gained a unique perspective on life while there.

He has been an entrepreneur since he was 24 and has started and sold many companies. He has started several companies that were making over $1M in the first 12 months of operations. Ron has been on Discovery Channels Blue Collar Backer TV series for season 1. Realizing how much time it took away from his family, he turned down the offer for five more seasons and continues to help people on a more personal level. He has been featured in NY Times, MSNBC, CBS, and FOX. He is the author of Six Figures in Six Months and loves the art of creating business.

What you’ll learn about in this episode:

Colby Amerine is a 10 year former Firefighter, Real Estate Investor, NLP Practitioner, Public Speaker, and Coach of new investors and entrepreneurs.

As a firefighter/paramedic, his career was cut short with a devastating injury on the job. Fighting his way back through a grueling rehabilitation process, he lost 110 pounds and began inspiring others with his story. As each life challenge pushed Colby to the next level, despite the trials and tribulations, he never lost his sense of humor or compassion for others.

After recovery Colby needed a career change. He decided to try his hand at real estate. Partnering with a former firefighting comrade, together they launched a real estate company in Texas with the hopes of transforming mediocre properties into prime investments. Properties that might attract other commercial or residential investors and developers.

Colby Amerine is now doing development deals in Houston, Dallas, Austin, Los Angeles, New Jersey, New Orleans, and other distressed markets. With years of sales experience in multiple industries, Colby has negotiated thousands of transactions with great success.

What you’ll learn about in this episode:

Colby Amerine is a 10 year former Firefighter, Real Estate Investor, NLP Practitioner, Public Speaker, and Coach of new investors and entrepreneurs.

As a firefighter/paramedic, his career was cut short with a devastating injury on the job. Fighting his way back through a grueling rehabilitation process, he lost 110 pounds and began inspiring others with his story. As each life challenge pushed Colby to the next level, despite the trials and tribulations, he never lost his sense of humor or compassion for others.

After recovery Colby needed a career change. He decided to try his hand at real estate. Partnering with a former firefighting comrade, together they launched a real estate company in Texas with the hopes of transforming mediocre properties into prime investments. Properties that might attract other commercial or residential investors and developers.

Colby Amerine is now doing development deals in Houston, Dallas, Austin, Los Angeles, New Jersey, New Orleans, and other distressed markets. With years of sales experience in multiple industries, Colby has negotiated thousands of transactions with great success.

What you’ll learn about in this episode:

Mike Wallace is 34 years old. He grew up in Dallas/San Antonio and graduated from UTSA with a degree in Finance. Mike worked as a commercial lender for several banks in San Antonio for 12+ years before starting investing in real estate in May 2017.

What you’ll learn about in this episode:

Mike Wallace is 34 years old. He grew up in Dallas/San Antonio and graduated from UTSA with a degree in Finance. Mike worked as a commercial lender for several banks in San Antonio for 12+ years before starting investing in real estate in May 2017.

What you’ll learn about in this episode:

Clayton Morris is the Former FOX News anchor who left television after achieving financial freedom. Now he devotes himself to helping other people build passive income and achieve financial freedom. He runs a turnkey real estate company called Morris Invest.

Clayton is also the host of Investing in Real Estate podcast, which has a laser focus on buy and hold rental properties. The podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton’s own methods for achieving passive income.

What you’ll learn about in this episode:

R. E. Capital, LLC was founded by Mitch Stephen and partner Raymond Braun. Collectively they have purchased and sold over 1,500 houses in the San Antonio, TX area since 1996. They have purchased a very large portion of these properties with private funds loaned to them by private individuals.

The premise is very simple: Private individuals loan money for a fair interest rate and they get the 1st Lien Rights on a property they lend on. Each loan stands alone; 1 Lender, 1 Borrower, and 1 property pledged as collateral.

Conservatism the foundation of the business, the collateral property is always worth at least $35% more than the loan at the time of the loan. In most cases, the equity is worth MORE than 35% of the loan. Lenders either get paid the interest rate as agreed or they get the collateral (the property).

That being said, R. E. Capital, Mitch Stephen and Raymond Braun have never given a property back to any lender Traditional or private. Dealing with houses is nothing new to Mitch and Raymond. This duo has dealt with thousands of properties over the years and they know what to do with properties in distress …lenders are spared the details, they just get paid.

What you’ll learn about in this episode:

Mitch Stephen

Raymond Braun