Secrets To Real Estate Investing Show

SREI 055 Mitch Stephen's wild ride to financial freedom through real estate investing

Informações:

Sinopsis

Mitch Stephen Episode We’ve all heard of the various benefits of real estate investing with buy & holds, wholesaling, and of course fix & flipping.  A lesser known strategy is that of seller financing.  This is the subject of today’s episode of the Hard Hat Holly podcast, when Holly sits down with real estate investor, author, and master of creative financing, Mitch Stephen.   Mitch has been investing for 22 years in San Antonio, Texas.  He started out with the buy and hold strategy, with an excess of 25 houses, but soon discovered that this method was not for him.  He was tired of dealing with broken air conditioners and delinquent tenants.  Who wouldn’t be?  He then discovered owner financing where he collects an average of $8,000 per house for the down payment, then the subsequent monthly cash flow goes directly into his back account and not towards the repairs and maintenance of the property.  Today we’ll dive into more of this part of Mich’s story and why he much prefers being the bank to being t