Mortgages Are Killing Your Real Estate Profits (Steven Weinstock Explains)
Steven Weinstock started with $6,000 and a single-family home in New Jersey at age 21. Two decades later, he's raised over $30 million, built portfolios across six states, and developed a cash-buying strategy that's rewriting the rules of real estate investing.
In this raw, educational conversation, Steven reveals the brutal lessons he learned when interest rates hit 10%, why eliminating mortgages for the first year protects investors from the biggest risk in real estate, and his counterintuitive approach to tenant retention that saves thousands in vacancy costs.
This isn't theory, it's a masterclass in real estate ROI, cash flow investing, and building wealth through strategic property acquisition.
📌 Video Chapters:
00:00 - Introduction: From $6K to $30M in Real Estate
03:15 - The First Deal: A $32K Property That Changed Everything
08:42 - Why New York Real Estate is "Too Tough" for Most Investors
12:20 - The Mindset Shift: From Solo Investor to Fund Manager
18:35 - Real Estate Syndication vs. Funds: What's the Difference?
24:10 - The Cash-Buying Strategy: How to Get 12-15% Discounts
32:45 - The "Seasoning Period" Secret That Unlocks Equity
38:20 - How Steven Buys 28 Properties with Just $6M
45:15 - The 10% Interest Rate Crisis (And How He Survived It)
52:30 - Why Mortgages Are the Biggest Risk to Investors
58:40 - The 4-Month Tenant Retention System That Saves Thousands
1:04:25 - Value-Add Investing: What Still Works in 2025
1:10:15 - Why Vacancy is More Expensive Than You Think
1:15:50 - Asset Classes: Residential vs. Warehouse vs. Storage
1:21:30 - Three Tips for Building a Real Estate Fund
1:26:10 - Final Advice: Should You Invest in Real Estate?
If you're serious about real estate investing, cash flow strategies, or building generational wealth, this episode is your blueprint. Watch now to learn how Steven turned one $32K property into a multi-million dollar portfolio—and how you can apply these principles to your own investing journey.
👉 Subscribe for more real estate investing strategies, wealth-building insights, and expert interview.
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