Did you ever wonder how those folks that have already managed to “Escape the 9 to 5” did it? I know I have!
This is the first video interview in my brand new series called, “Escaping the 9 to 5; How I Did It”. These interviews are perfect for folks that are still trying to escape that J.O.B. which we all know stands for “just over broke”. For anyone that has already left that job behind and is traveling down the path of entrepreneurship, you are going to really enjoy hearing how other folks did it.
You will find out that for some people it was a very calculated move. They had a plan and they worked the plan before quitting their job. Other folks may have been working their “escape plan” when they suddenly lost their job and were forced to dive right into a business. There are many different stories and each one of them contains things that will help individuals on this path whether by choice or by circumstances.
About Mitch Stephen
My first interview is with my friend and fellow real estate investor Mitch Stephen from San Antonio, Texas. Mitch is the author of the book “My Life & 1000 Houses; Falling Forward to Financial Freedom”. He is also an award winning songwriter, and is a much sought after speaker for real estate groups across the country. I had the opportunity to do an audio interview with Mitch a while back for my blog, so I was really excited to get to spend some time with him again while doing this video interview.
Take a few minutes and learn from someone that is a self-taught, super successful real estate investor. I know you are going to really enjoy this interview.
The SAFE Act of 2008 is a Federal Law so that stands as far as I know. I am really not familiar with the other bill. It is my understanding that Mitch has a licensed mortgage person on his team that he goes through. You can ask him via his website.
Danny N
on July 26, 2013 at 8:13 pm
Thank You Sharon, I will look it up.
I’m just wondering if the Dodd-Frank Bill of 2010 Supersedes the SAFE Act? Also, If SAFE Act permits investor to investor financing, How does Mitch handle the “Owner Financing” Part of it?
I never really paid much attention to this dood-frank bill until I started researching owner financing as a very viable strategy
There are rules about that. I have some posts here about the “Safe Act of 2008” that pertain to seller financing. You can seller finance investor to investor that’s fine. But there are strict rules when it comes to investor financing a homeowner. Look up the posts here for the specifics. No one even knew about the SAFE Act until a couple of years ago.
Sharon
Danny N
on July 25, 2013 at 9:22 pm
Hi Sharon / Mitch,
I was just reading some excerpts from the Dodd-Frank Bill, and it seems to make owner financing illegal and even a felony. How does one manage this “issue” if one wants to Use Owner Financing as RE Strategy?
Mitch is a wealth of information. If you haven’t read his book I highly recommend it. He has some great information, and his stories are always interesting. Have you listened to Mike Butler’s interview?
Sharon
Nicole
on May 26, 2013 at 9:40 am
Greetings! Sharon!
As always, THANKS!
Nicole
site here
on January 28, 2013 at 2:19 am
Hey There. I found your blog using msn. This is a really well written article.
I’ll make sure to bookmark it and come back to read more of your useful info. Thanks for the post. I’ll definitely return.
I love Mitch’s book too. He is the “real deal” for sure. Thanks for stopping by. I’m glad you enjoyed the interview Jeff.
Jeff Schwarz
on March 26, 2012 at 3:55 pm
I read the book a few months ago and still go back to it as a reference. Mitch is the “real deal”, he leads, teaches, and shares from the heart. Thanks Mitch and thanks Sharon for the above interview. Jeff
Terry – Mitch has a great story, and he has certainly been an inspiration to many people. I will be putting up interview #2 this afternoon with a fellow Louisvillian, Mike Butler. Mike is another one that has great stories. Thanks for stopping by.
I don’t know if that is possible. You might have to unsubscribe and then subscribe again.
OK. Thank You Sharon. I will do just that.
The SAFE Act of 2008 is a Federal Law so that stands as far as I know. I am really not familiar with the other bill. It is my understanding that Mitch has a licensed mortgage person on his team that he goes through. You can ask him via his website.
Thank You Sharon, I will look it up.
I’m just wondering if the Dodd-Frank Bill of 2010 Supersedes the SAFE Act? Also, If SAFE Act permits investor to investor financing, How does Mitch handle the “Owner Financing” Part of it?
I never really paid much attention to this dood-frank bill until I started researching owner financing as a very viable strategy
Danny –
There are rules about that. I have some posts here about the “Safe Act of 2008” that pertain to seller financing. You can seller finance investor to investor that’s fine. But there are strict rules when it comes to investor financing a homeowner. Look up the posts here for the specifics. No one even knew about the SAFE Act until a couple of years ago.
Sharon
Hi Sharon / Mitch,
I was just reading some excerpts from the Dodd-Frank Bill, and it seems to make owner financing illegal and even a felony. How does one manage this “issue” if one wants to Use Owner Financing as RE Strategy?
Thanks again.
Danny N.
You can pull up the site on your iPad Eve. The video should play fine.
Sharon
I wish I can watch the video on iPad
Nicole –
Mitch is a wealth of information. If you haven’t read his book I highly recommend it. He has some great information, and his stories are always interesting. Have you listened to Mike Butler’s interview?
Sharon
Greetings! Sharon!
As always, THANKS!
Nicole
Hey There. I found your blog using msn. This is a really well written article.
I’ll make sure to bookmark it and come back to read more of your useful info. Thanks for the post. I’ll definitely return.
Hi Mitch – Thanks so much for doing the interview. It was fun, and I would love to do it again. Let’s figure out a topic.
I’d like to thank everyone for their generous comments. I had fun! Maybe Sharon and I will do it again. What topic would you prefer we talk about?
–Mitch Stephen–
I love Mitch’s book too. He is the “real deal” for sure. Thanks for stopping by. I’m glad you enjoyed the interview Jeff.
I read the book a few months ago and still go back to it as a reference. Mitch is the “real deal”, he leads, teaches, and shares from the heart. Thanks Mitch and thanks Sharon for the above interview. Jeff
Terry – Mitch has a great story, and he has certainly been an inspiration to many people. I will be putting up interview #2 this afternoon with a fellow Louisvillian, Mike Butler. Mike is another one that has great stories. Thanks for stopping by.
I really enjoyed hearing Mitch tell his real estate story. I appreciate how he shared his experiences with us.
Cindy – I’m glad you enjoyed it. Thanks for stopping by.
Very personable and informative interview.