All Forum Posts by: Mitch Stephen

You may want to check out the advantages of the SOLO 401K...it is much better than the IRA if you have a traditional IRA (Vs a ROTH)call me and I'll get you some comaprisons: IRA Vs. IRA. See for yourself. I switched

--Mitch Stephen--
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YOU find the deal. Partner with those who have the money.

--Mitch Stephen--

Partner with the best in your area by finding great deals and splitting with them. They put up the money, you do the leg work, volunteer for everything...even to pick up their dry cleaning. You can't fly like an Eagle if your pecking with the chickens! On the job traing. Take an inexpensive course on finding deals...People who can find deals shouldn't have much problem finding mentors of the highest caliber.

--Mitch Stephen--

Go all the way if your going to change the locks. Most locks can be re-keyed.

--Mitch Stephen--

I own 1,000 Units in 16 locations around canyon Lake
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Started in rural are ( and stayed there...hate city regulations)
Flipped houses for cash...bought Storage units for cash flow. Prices vary from location to type of storage offered. Climate controlled, boat storage? Mini storage? concrete foor dirt floor (boats) open storage, Security? onsite mgr?

--Mitch Stephen--

Have you studied Lonnie Scruggs? "Deals On Wheels?"
I once bought 140 mobile homes in parks I did not own.

How about "Tin Can ALley?"

--Mitch Stephen--
Author, MY LIFE & 1,000 HOUSES

Yes. You have an interest in the property. I cover myself by putting into any sale contract; "This contract is contengent upon the Seller (me) being able to provide good title."

Pretty much says, I can't sell this if I don't end up owning it.

--Mitch Stephen--

Buy books on tape...listen to anything and everything...you'll have time to become an expert...study a broad range of money making ideas at first and hone in on the one that makes you excited. Then take that ONE way and become a world's authority on the subject. When you get home you won't have any down time and you'll know what you are doing.

Multi-Tak. Use the time in your car to gain knowledge.

--Mitch Stephen--
graduate of the "Auto Univercity"
(I became an expert in my car)

Welcome aboard Charles.

Texas Cadillac

2001 F350 Ford, 7.3 ltr, Deisel, truck, 4 door, longbed, 4x4 with 417,000 miles on it. I bought in 2002 with 10,000 miles on it for $30,000. President Bush offered a tax benefit for commercial equipement (vehicles that weighed over 6,000 lbs). I got to deduct the entire $30k that year...aving me over $7,000 in taxes. I sold my old vehicle for $5,000.... that was a $13,000 benefit to buying this slightly used truck...which ended up really costing me $18,000 when everything was figured in. I new I was going to drive my vehicle for a long time so I needed a truck that would last a long time. I put almost exactly 55,000 miles on my truck every years. I've replaced the Transmission once. I find the money is made in the field, not behind a desk. I live 30 miles from town.

--Mitch Stephen--