As an investor, it’s our dream to have a multitude of assets without even knowing their names. Mitch Stephen has been in the real estate investing game for 37 years as a full-time investor and is at this point of asset holding. Mitch is now the author of the book series MY LIFE & 1,000 HOUSES, and the host of the long-running show, The Real Estate Investor Summit Podcast. His focus is on educating people on how to become financially independent through real estate and boasts many successful students making passive wealth and a Twitter account named by Forbes as the “Top 9 Twitter Accounts For Aspiring RE Investors To Follow.”
With such a wealth of experience, I’m looking forward to diving into the discussion of becoming nearly bulletproof and getting to the point of doing less and making more!
[00:01] – [06:45] Opening Segment
- Let’s get to know Mitch Stephen
- Mitch gives us some background on his real estate journey
[06:46] – [10:20] Leveraging the Deal
- How Mitch started raising money and giving interest
- Handing the deal to the investor
- Setting the expectations
[10:21] – [17:14] Finding Your Niche and Systems
- Mitch talks about his experience buying houses
- Over 300 properties and not knowing one of them
- Mitch talks about his story of burn out and lessons from scaling
[17:15] – [22:35] Do Less and Make More
- Mitch talks about how to get the point of making more while doing less
- Owning the concept in your heart
- It’s not about the money; how to make the scaling work
[22:36] – [28:09] Closing Segment
- Mitch’s advice to aspiring investors
- How Mitch invests in himself
- Making the world a better place
- How to reach out to Mitch – links below
- Final words from Mitch and Me
Tweetable Quotes:
“If you think you can do this business being broke, I got enough brokenness to buy this whole town!” – Mitch Stephen
“I’ve fallen down so many times my nose should be flat. The secret was that I just kept getting up, dusting myself off, and saying, ‘okay, that was painful, how do I stop that from happening again?” – Mitch Stephen
“You don’t need money to make money… In the first time you make a deal with none of your own money, and you make 15/20 grand, then you’ll start to own that concept where it counts.” – Mitch Stephen
Resources Mentioned:
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Connect with Mitch on LinkedIn, Twitter, and Facebook. Visit his website https://1000houses.com to learn more.
Guest email: mitch@mitchstephen.com
Connect with me:
I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.
Call: 901-500-6191
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Email me --> sam@brickeninvestmentgroup.com
