investors

WHOLESALERS: Deal Must Fit the Formula

By Mitch Stephen / October 26, 2019 / Comments Off on WHOLESALERS: Deal Must Fit the Formula

There is little limit on what the wholesaler can make, BUT, the deal has to fit the formula for the buyer of the wholesale deal. REMEMBER: We savvy investors don’t worry about how much our birddogs (wholesalers) are getting paid. Our only concern, as the buyer, is that the deal fits your formula. If the…

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Owner Financed Value vs. Appraised Value

By Mitch Stephen / December 29, 2018 / Comments Off on Owner Financed Value vs. Appraised Value

Appraisers seem to get confused about value when different terms are injected into a sale. There is no doubt terms can affect the price. Here’s an extreme example: Can YOU buy a million dollar home? Most people would say, “NO.” If you ask those same people if they could buy a million dollar home if…

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Raising Private Money: Don't hold yourself back

By Mitch Stephen / July 15, 2018 / Comments Off on Raising Private Money: Don't hold yourself back

There are so many reasons people don’t raise private money. They think… I’m too old, I’m too young, I don’t have the right presentation, I can’t figure out how to approach a lender, I don’t know anyone with money. Well I am here to tell you that all the above is baloney.  None of these…

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Private Money: How to Raise it Fast

By Mitch Stephen / April 21, 2018 / Comments Off on Private Money: How to Raise it Fast

Many of you know from my books that I did not always have private lenders when I first started my real estate business…buying and selling walmart houses for walmart prices.   In fact I had to learn the hard way…by trying and failing many, many times until I got it figured out.   And now I want…

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Student Testimonial Owner Financing

By Mitch Stephen / February 7, 2018 / Comments Off on Student Testimonial Owner Financing

I recently became aware of a message one of my students, Azhar Hirani, posted on BiggerPockets.com. I not sure the post will get approved by BiggerPockets because of their strict “Anti- Guru” policy, but that ‘s beside the point. The real point of being a mentor is to help people grow…not the fee. I believe…

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