• TALKING TO SELLERS

    People ask me all the time , “what do I say when I get in front of the prospective seller?” So here’s an example:  You’ve located a deceased owner with a back tax problem. You had to hire a skip trace detective to actually locate the administrator of the will or the new heir to

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  • Special Provisions for Real Estate Contracts

    If you are NOT signed up for my weekly Q&A calls… maybe you should be? These Q&A sessions have been the most rewarding for me, personally. When you sign up for the Q&A calls  (Every Monday at 7pm CST) you also get the archived calls; over 400 hours of recorded Q&A in chronological order. The

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  • Elevator Pitch: You’ll Find Private Lenders

    I have been getting a lot if emails and calls lately from my students. It seems they are having success finding private money. They are taking action on the ideas we’ve been discussing and it’s working. Imagine that!…go figure! I’m also getting calls from outsiders asking, How/Where do I find the...

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  • How Important is Private Money?

    How Important is Private Money? One of my students recently got a house under contract in Houston, Texas. His strike price was $21, 000. With $10, 000 in repairs he could owner Finance the home for $84, 500  (Based on the local rents).  He didn’t have the money to buy the house himself. He didn’t

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  • Yes I Do Mentor

    Yes….I Do Mentor… but I only take on 20 students at one time. I suggest you get to know me, my niche, my style, and my philosophy on certain things. You may want to start with my book. It’s relatively cheap and will tell you a lot as to what I’m about…My Life and 1000

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  • Competitive Home Market – Tips

    In a competitive home market, it’s all about relationships and the number of offers you make. The more offers you make, the more homes you will buy. Figure you’re going to buy 1 home for every 35 offers you make. This will keep your expectations real. Here are a few simple tips: Set up your offer

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  • Raising Private Money Letter Template

    Raising Private Money Letter Template Here’s a sample letter you can use to find private money. Just personalize this to your business and send via email or snail mail. <YOUR COMPANY NAME> is currently seeking private money to purchase, renovate, and resell single family houses in Texas (Houston, San Antonio,...

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  • Owner Financing The Seven Way WIN

    Owner Financing The Seven Way WIN (Guest blog post by Mitch’s student Jerry Gurley) Debbie and I are very excited about our new real estate business.  We buy houses from people who don’t want or need them.  We renovate them.  Then we sell homes to families who love them. We often sell with owner financing allowing...

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  • Success Story Home Owner Financing

    AMBER VALLEY Owner Financing Success Story   $31, 000…………….Purchase Price $  2, 000…………….Wholesale Fee (Bird Dog) $  2, 000…………….Mitch Stephen   SOLD $65, 000……………Sales Price $10, 000…………… Down Payment $55, 000……………Balance @ 10.5% for 240 mo…………...

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  • Attract Private Investors

    Door Openers Attract Private Investors Recognize when you have one Slow down and take full advantage of it   Every now and then you’ll come upon a “Door Opener.” I’ve learned to recognize these certain situations and how to use them to proliferate the number of private investors I can call on. So what is

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