SHOW TITLE: The iPhone Turns 10
My guest Mitch Stephen has been a self-employed RE investor for 20+ years beginning in his early 20’s. His company, Independence Day, Inc., has bought and sold over 1,300 properties in and around San Antonio, Texas since 1996. This company specializes in buying distressed properties with Other Peoples Money and selling those properties with Owner Financing.
The Stephen family built wealth by purchasing very affordable homes, selling them for double the cost, and owner financing the sale by creating a note to their buyer.
In 1991 the family made plans to keep their wealth and create “Forever Money” by acquiring Self-Storage and Boat Storage facilities primarily around Canyon Lake where they live in Texas. They started with 13 boat storages in front of a state park at the lake, and the storage business has grown to over 1,100 storage doors in 16 locations; Mitch offers Online Education, Group Coaching, and Full-on Mentorships relating to all the aspects of Owner Financing.