1000Houses.com Podcast

1000Houses.com Podcast

By Mitch StephenBusinessInvestingCareers
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1000Houses.com Podcast episodes

  • Episode 32: How To Target Hidden Bargain Houses

    Mark’s Grandfather, Lloyd Walters, invested in his first “fixer-upper” property back in 1937 in San Jose, California. That was during the Great Depression and I can’t imagine the challenges he must have endured during that historic time of our country. It says a lot about him and the values he passed down to Mark and his father

    Since that time, Mark’s family has always been passionate about real estate.

    His father, Lloyd Walters, was written up in a national publication in 1985 for some revolutionary marketing ideas he shared dealing with discounted mortgages.

    The demand was so great to learn more of these techniques that they wrote the first book in the country on marketing for discounted mortgages titled, “How To Find All The Discounted Mortgages You Could Ever Hope To Buy”.

    After that book release they were inundated with people asking what else they were doing. They then wrote another real estate investing book, which had people requesting more ideas and the big snow ball has never stopped rolling.

    By the age of 25, Mark had my own real estate brokerage. After a few years, and being more interested in the investor side of the business,he closed up shop and has not been an active broker since.

    In the late 1980’s he stumbled on to Judgment Investing. That was a revelation that continues to excite those that hear about it. After putting together a progressive judgment investing plan for their own business, they started to share the strategies in a training, “The Complete Guide To Judgment Investing”.

    After the savings and loan crisis of the late 1980’s and early 1990’s, in 1992 everyone packed up all their California belongings and moved to Arizona and began buying properties with the intention of riding the market up.

    Guess what? The old crystal ball must have been working because over the following years Phoenix became one of the top real estate investing areas in the country.

    Mark continues to enjoy sharing unique and profitable investing ideas with good people like yourself here.

    What you’ll learn about in this episode:

    Mark’s 85 ways to find hidden bargain houses
    Mark’s journey and how he got into real estate, and more specifically, how he got into affordable houses
    What an “affordable house” is
    How Mark recognizes when a bubble exists
    Why Mark focuses on single-family homes
    What Mark learned from having his father and grandfather in the real estate industry
    The best and worst deals Mark ever made
    The pros and cons of having a real estate license or not
    Why you need to listen — both to what people want/need — and — the numbers of a deal
    Mark’s book “How To Find All The Discounted Mortgages You Could Ever Hope To Buy”
    Why Mark tries to focus on nicer properties
    What’s next for Mark and why you always need irons in the fire
    What Mark automates and what he doesn’t
    Resources:
    REInvestorSummit.com/hidden
    REInvestorSummit.com/create
    REInvestorSummit.com/grow
    REInvestorSummit.com/Live
    REInvestorSummit.com/200+
    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
      • 46 min
      • Episode 32: How To Target Hidden Bargain Houses

        Mark’s Grandfather, Lloyd Walters, invested in his first “fixer-upper” property back in 1937 in San Jose, California. That was during the Great Depression and I can’t imagine the challenges he must have endured during that historic time of our country. It says a lot about him and the values he passed down to Mark and his father

        Since that time, Mark’s family has always been passionate about real estate.

        His father, Lloyd Walters, was written up in a national publication in 1985 for some revolutionary marketing ideas he shared dealing with discounted mortgages.

        The demand was so great to learn more of these techniques that they wrote the first book in the country on marketing for discounted mortgages titled, “How To Find All The Discounted Mortgages You Could Ever Hope To Buy”.

        After that book release they were inundated with people asking what else they were doing. They then wrote another real estate investing book, which had people requesting more ideas and the big snow ball has never stopped rolling.

        By the age of 25, Mark had my own real estate brokerage. After a few years, and being more interested in the investor side of the business,he closed up shop and has not been an active broker since.

        In the late 1980’s he stumbled on to Judgment Investing. That was a revelation that continues to excite those that hear about it. After putting together a progressive judgment investing plan for their own business, they started to share the strategies in a training, “The Complete Guide To Judgment Investing”.

        After the savings and loan crisis of the late 1980’s and early 1990’s, in 1992 everyone packed up all their California belongings and moved to Arizona and began buying properties with the intention of riding the market up.

        Guess what? The old crystal ball must have been working because over the following years Phoenix became one of the top real estate investing areas in the country.

        Mark continues to enjoy sharing unique and profitable investing ideas with good people like yourself here.

        What you’ll learn about in this episode:

        Mark’s 85 ways to find hidden bargain houses
        Mark’s journey and how he got into real estate, and more specifically, how he got into affordable houses
        What an “affordable house” is
        How Mark recognizes when a bubble exists
        Why Mark focuses on single-family homes
        What Mark learned from having his father and grandfather in the real estate industry
        The best and worst deals Mark ever made
        The pros and cons of having a real estate license or not
        Why you need to listen — both to what people want/need — and — the numbers of a deal
        Mark’s book “How To Find All The Discounted Mortgages You Could Ever Hope To Buy”
        Why Mark tries to focus on nicer properties
        What’s next for Mark and why you always need irons in the fire
        What Mark automates and what he doesn’t
        Resources:
        REInvestorSummit.com/hidden
        REInvestorSummit.com/create
        REInvestorSummit.com/grow
        REInvestorSummit.com/Live
        REInvestorSummit.com/200+
        REInvestorSummit.com/101





        46 min
      • Episode 31: Sandwich Leases: Real Estate Investing on Your Terms

        Chris Prefontaine has been in real estate for 25+ years and has built over 100+ single family homes (1990’s), has owned a Realty Executives Franchise (Massachusetts 1994-2000) and eventually sold his brokerage business as a realtor to Coldwell Banker in 2000. The 2000’s included coaching people throughout US and Canada and doing condo conversions (multi family homes to condos) and “raise the roof” projects (converting single family ranches to colonials in growth neighborhoods).

        Chris has been a big advocate of constant education and has participated annually in high end mastermind group personally with Ron LEGRAND. He also does JV deals with Ron Legrand for the $1mil + properties. Chris’s company Pre Property Solutions buys between 4-10 properties monthly and a large percentage of those are done via lease/options as well as selling via special terms lease. Chris and his family/team has done over 75 million in real estate transactions. Chris also coaches others throughout the country to do the same. He has passion in helping others in allowing them to grow to their full potential.

        What you’ll learn about in this episode:

        Chris’ background
        Chris’ niche: sandwich leases (these work everywhere but Texas but we are going to research more on this)
        What happened to Chris and his business when the market crashed and how he changed his business because of it
        Why you’d absolutely be foolish to go into sandwich leases without a mentor
        How much money it takes to get into sandwich leases
        Chris’ upcoming book “Real Estate On Your Terms”
        Where Chris would spend money when starting a business
        Why inaction is one of the biggest mistakes you can make
        Where Chris turns for coaches and mentors
        Books that Chris is reading now — and why it’s so important to rotate topics
        What’s next for Chris and his business
        Why you should hire VAs
        Why you need to find someone whose material you like — and the steps to take once you’ve found them
        Resources:
        REInvestorSummit.com/lease
        REInvestorSummit.com/freebook
        REInvestorSummit.com/Capital
        REInvestorSummit.com/NoteServicing
        REInvestorSummit.com/VA

        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
          • 41 min
          • Episode 31: Sandwich Leases: Real Estate Investing on Your Terms
            Chris Prefontaine has been in real estate for 25+ years and has built over 100+ single family homes (1990’s), has owned a Realty Executives Franchise (Massachusetts 1994-2000) and eventually sold his brokerage business as a realtor to Coldwell Banker in 2000. The 2000’s included coaching people throughout US and Canada and doing condo conversions (multi family homes to condos) and “raise the roof” projects (converting single family ranches to colonials in growth neighborhoods).

            Chris has been a big advocate of constant education and has participated annually in high end mastermind group personally with Ron LEGRAND. He also does JV deals with Ron Legrand for the $1mil + properties. Chris’s company Pre Property Solutions buys between 4-10 properties monthly and a large percentage of those are done via lease/options as well as selling via special terms lease. Chris and his family/team has done over 75 million in real estate transactions. Chris also coaches others throughout the country to do the same. He has passion in helping others in allowing them to grow to their full potential.

            What you’ll learn about in this episode:
            Chris’ background
            Chris’ niche: sandwich leases (these work everywhere but Texas but we are going to research more on this)
            What happened to Chris and his business when the market crashed and how he changed his business because of it
            Why you’d absolutely be foolish to go into sandwich leases without a mentor
            How much money it takes to get into sandwich leases
            Chris’ upcoming book “Real Estate On Your Terms”
            Where Chris would spend money when starting a business
            Why inaction is one of the biggest mistakes you can make
            Where Chris turns for coaches and mentors
            Books that Chris is reading now -- and why it’s so important to rotate topics
            What’s next for Chris and his business
            Why you should hire VAs
            Why you need to find someone whose material you like -- and the steps to take once you’ve found them
            Resources:
            REInvestorSummit.com/lease
            REInvestorSummit.com/freebook
            REInvestorSummit.com/Capital
            REInvestorSummit.com/NoteServicing
            REInvestorSummit.com/VA

            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

          • 39 min
          • Episode 31: Sandwich Leases: Real Estate Investing on Your Terms

            Chris Prefontaine has been in real estate for 25+ years and has built over 100+ single family homes (1990’s), has owned a Realty Executives Franchise (Massachusetts 1994-2000) and eventually sold his brokerage business as a realtor to Coldwell Banker in 2000. The 2000’s included coaching people throughout US and Canada and doing condo conversions (multi family homes to condos) and “raise the roof” projects (converting single family ranches to colonials in growth neighborhoods).

            Chris has been a big advocate of constant education and has participated annually in high end mastermind group personally with Ron LEGRAND. He also does JV deals with Ron Legrand for the $1mil + properties. Chris’s company Pre Property Solutions buys between 4-10 properties monthly and a large percentage of those are done via lease/options as well as selling via special terms lease. Chris and his family/team has done over 75 million in real estate transactions. Chris also coaches others throughout the country to do the same. He has passion in helping others in allowing them to grow to their full potential.

            What you’ll learn about in this episode:

            Chris’ background
            Chris’ niche: sandwich leases (these work everywhere but Texas but we are going to research more on this)
            What happened to Chris and his business when the market crashed and how he changed his business because of it
            Why you’d absolutely be foolish to go into sandwich leases without a mentor
            How much money it takes to get into sandwich leases
            Chris’ upcoming book “Real Estate On Your Terms”
            Where Chris would spend money when starting a business
            Why inaction is one of the biggest mistakes you can make
            Where Chris turns for coaches and mentors
            Books that Chris is reading now — and why it’s so important to rotate topics
            What’s next for Chris and his business
            Why you should hire VAs
            Why you need to find someone whose material you like — and the steps to take once you’ve found them
            Resources:
            REInvestorSummit.com/lease
            REInvestorSummit.com/freebook
            REInvestorSummit.com/Capital
            REInvestorSummit.com/NoteServicing
            REInvestorSummit.com/VA

            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
              • 41 min
              • Episode 31: Sandwich Leases: Real Estate Investing on Your Terms

                Chris Prefontaine has been in real estate for 25+ years and has built over 100+ single family homes (1990’s), has owned a Realty Executives Franchise (Massachusetts 1994-2000) and eventually sold his brokerage business as a realtor to Coldwell Banker in 2000. The 2000’s included coaching people throughout US and Canada and doing condo conversions (multi family homes to condos) and “raise the roof” projects (converting single family ranches to colonials in growth neighborhoods).

                Chris has been a big advocate of constant education and has participated annually in high end mastermind group personally with Ron LEGRAND. He also does JV deals with Ron Legrand for the $1mil + properties. Chris’s company Pre Property Solutions buys between 4-10 properties monthly and a large percentage of those are done via lease/options as well as selling via special terms lease. Chris and his family/team has done over 75 million in real estate transactions. Chris also coaches others throughout the country to do the same. He has passion in helping others in allowing them to grow to their full potential.

                What you’ll learn about in this episode:

                Chris’ background
                Chris’ niche: sandwich leases (these work everywhere but Texas but we are going to research more on this)
                What happened to Chris and his business when the market crashed and how he changed his business because of it
                Why you’d absolutely be foolish to go into sandwich leases without a mentor
                How much money it takes to get into sandwich leases
                Chris’ upcoming book “Real Estate On Your Terms”
                Where Chris would spend money when starting a business
                Why inaction is one of the biggest mistakes you can make
                Where Chris turns for coaches and mentors
                Books that Chris is reading now — and why it’s so important to rotate topics
                What’s next for Chris and his business
                Why you should hire VAs
                Why you need to find someone whose material you like — and the steps to take once you’ve found them
                Resources:
                REInvestorSummit.com/lease
                REInvestorSummit.com/freebook
                REInvestorSummit.com/Capital
                REInvestorSummit.com/NoteServicing
                REInvestorSummit.com/VA





                41 min
              • Episode 30: How to Find, Buy & Sell Abandoned Houses and Properties

                Sean Flanagan is first and foremost a Christian family man and second, a serial entrepreneur. When not working, he enjoys spending time with his wife Tracey and their 3 children, Logan, Bailey and Kiersten. His hobbies are surfing, jiu-jitsu and coaching his kids at their wrestling matches. Sean has been a real estate investor for 17 years and still actively buys, sells and owns properties in the Central Florida market.

                As a real estate investor in one of the most competitive markets in the country, he created and founded the Lucky Buys Yucky Houses® brand, out of necessity, and went on to use it to dominate his local market for years to come. During his real estate career, which spans close to two decades as of the time of this writing, he has developed a knack for creating effective systems which are being successfully used to target motivated sellers in areas where his competitors never even think to look.

                What you’ll learn about in this episode:

                Sean’s background and how he got into the abandoned house niche
                Tips for people getting into the abandoned house niche
                How to find the owners of abandoned houses
                How to buy abandoned houses and properties
                How long it took Sean to become financially free
                Why Sean believes mentorship is very valuable
                Why — even if you’re very successful — you should live modestly and save up for the future
                Why Sean believes in just diving in — don’t get sucked into paralysis by analysis
                Resources:
                REInvestorSummit.com/secrets
                REInvestorSummit.com/goldmine
                REInvestorSummit.com/200+
                REInvestorSummit.com/Capital
                REInvestorSummit.com/NoteServicing

                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
                  • 23 min
                  • Episode 30: How to Find, Buy & Sell Abandoned Houses and Properties

                    Sean Flanagan is first and foremost a Christian family man and second, a serial entrepreneur. When not working, he enjoys spending time with his wife Tracey and their 3 children, Logan, Bailey and Kiersten. His hobbies are surfing, jiu-jitsu and coaching his kids at their wrestling matches. Sean has been a real estate investor for 17 years and still actively buys, sells and owns properties in the Central Florida market.

                    As a real estate investor in one of the most competitive markets in the country, he created and founded the Lucky Buys Yucky Houses® brand, out of necessity, and went on to use it to dominate his local market for years to come. During his real estate career, which spans close to two decades as of the time of this writing, he has developed a knack for creating effective systems which are being successfully used to target motivated sellers in areas where his competitors never even think to look.

                    What you’ll learn about in this episode:

                    Sean’s background and how he got into the abandoned house niche
                    Tips for people getting into the abandoned house niche
                    How to find the owners of abandoned houses
                    How to buy abandoned houses and properties
                    How long it took Sean to become financially free
                    Why Sean believes mentorship is very valuable
                    Why — even if you’re very successful — you should live modestly and save up for the future
                    Why Sean believes in just diving in — don’t get sucked into paralysis by analysis
                    Resources:
                    REInvestorSummit.com/secrets
                    REInvestorSummit.com/goldmine
                    REInvestorSummit.com/200+
                    REInvestorSummit.com/Capital
                    REInvestorSummit.com/NoteServicing

                    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
                      • 23 min
                      • Episode 30: How to Find, Buy & Sell Abandoned Houses and Properties

                        Sean Flanagan is first and foremost a Christian family man and second, a serial entrepreneur. When not working, he enjoys spending time with his wife Tracey and their 3 children, Logan, Bailey and Kiersten. His hobbies are surfing, jiu-jitsu and coaching his kids at their wrestling matches. Sean has been a real estate investor for 17 years and still actively buys, sells and owns properties in the Central Florida market.

                        As a real estate investor in one of the most competitive markets in the country, he created and founded the Lucky Buys Yucky Houses® brand, out of necessity, and went on to use it to dominate his local market for years to come. During his real estate career, which spans close to two decades as of the time of this writing, he has developed a knack for creating effective systems which are being successfully used to target motivated sellers in areas where his competitors never even think to look.

                        What you’ll learn about in this episode:

                        Sean’s background and how he got into the abandoned house niche
                        Tips for people getting into the abandoned house niche
                        How to find the owners of abandoned houses
                        How to buy abandoned houses and properties
                        How long it took Sean to become financially free
                        Why Sean believes mentorship is very valuable
                        Why — even if you’re very successful — you should live modestly and save up for the future
                        Why Sean believes in just diving in — don’t get sucked into paralysis by analysis
                        Resources:
                        REInvestorSummit.com/secrets
                        REInvestorSummit.com/goldmine
                        REInvestorSummit.com/200+
                        REInvestorSummit.com/Capital
                        REInvestorSummit.com/NoteServicing

                        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
                          • 23 min
                          • Episode 30: How to Find, Buy & Sell Abandoned Houses and Properties

                            Sean Flanagan is first and foremost a Christian family man and second, a serial entrepreneur. When not working, he enjoys spending time with his wife Tracey and their 3 children, Logan, Bailey and Kiersten. His hobbies are surfing, jiu-jitsu and coaching his kids at their wrestling matches. Sean has been a real estate investor for 17 years and still actively buys, sells and owns properties in the Central Florida market.

                            As a real estate investor in one of the most competitive markets in the country, he created and founded the Lucky Buys Yucky Houses® brand, out of necessity, and went on to use it to dominate his local market for years to come. During his real estate career, which spans close to two decades as of the time of this writing, he has developed a knack for creating effective systems which are being successfully used to target motivated sellers in areas where his competitors never even think to look.

                            What you’ll learn about in this episode:

                            Sean’s background and how he got into the abandoned house niche
                            Tips for people getting into the abandoned house niche
                            How to find the owners of abandoned houses
                            How to buy abandoned houses and properties
                            How long it took Sean to become financially free
                            Why Sean believes mentorship is very valuable
                            Why — even if you’re very successful — you should live modestly and save up for the future
                            Why Sean believes in just diving in — don’t get sucked into paralysis by analysis
                            Resources:
                            REInvestorSummit.com/secrets
                            REInvestorSummit.com/goldmine
                            REInvestorSummit.com/200+
                            REInvestorSummit.com/Capital
                            REInvestorSummit.com/NoteServicing





                            23 min

                          About 1000Houses.com Podcast

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                          Real Estate Investor Summit Podcast is focused on teaching others to gain financial freedom through real estate. Interviews with investors, coaches, and instructors who tell amazing stories and…

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