176 The Art of Owner Financing and a Bunch of Other Cool Stuff Mitch Stephen
If I said you were in for a treat by listening to this episode, that would be a gross understatement. Not until you listen\u2014and maybe listen more than once\u2014will you grasp just how much information is packed into this one episode.
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Mitch Stephen, who hails from San Antonio, TX, has been in this business since the 1980s. And if you think he\u2019s learned a few things and perfected a few things in all those years, you\u2019d be 100% right.
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The reason Mitch\u2019s business model hits home with me, is due to the way he avoids all the traditional paths that most investors take. He avoids banks, finance companies, house inspectors, appraisers, Realtors, and yes, even contractors. You\u2019ll learn about how he deals with his staff, his approach to the homeowner/potential seller and his marketing strategies. I also relate to his desire to free up his time by delegating and outsourcing.
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Mitch works with private money and he shares exactly how he finds the funds, and how he does his contracts with the private money lenders.
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Mitch developed the unique software program (that some of you may be using), called Live Comm. It was born out of desperation because he couldn\u2019t find anything out there that did all the things he wanted to do in lead follow-up.
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He\u2019s not only an investor but an educator as well. He\u2019s an author and a teacher. His coaching program accepts only a few clients because he works with each one personally.
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If you don\u2019t have pen and paper in hand as you listen, you\u2019ll be kicking yourself. The entire episode overflows with amazing information. Some of which, I guarantee, you\u2019ve never heard before.
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