San Diego Real Estate Video Blog with Joe Mendoza

How Mitch Stephen Became a Mega-Successful Investor, Part II

We’re back with part two of my exclusive interview with mega-successful real estate investor Mitch Stephen.

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On today’s episode of “The Real Estate Raw Show,” I’m excited to conclude our interview with mega-successful real estate investor Mitch Stephen. As I said before, Mitch has bought, owner-financed, and sold over 1,500 homes in his hometown since 1996, and he has plenty more to say about how he was able to do this.

For your convenience, I’ve timestamped the rest of the interview below so that you can jump to whatever topics interest you most:

1:15 - The story of how Mitch wrote his first book.

7:27 - The inspiration behind his message.

9:14 - A CliffsNotes breakdown of all the books Mitch has published and what they can teach you.

15:28 - Books that have changed Mitch’s life and the lessons they taught him.

19:30 - His advice to anyone who thinks they’re stuck in a rut.

22:30 - How he works with sellers and what the benefits of owner financing are.

26:00 - How he automates his business.

29:30 - Why storage units are such a great investment.

Once again, I want to thank Mitch for being on my show, and I hope he can join us again someday to share more stories about how to achieve and maintain his level of success.

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I’m super excited to share the second half of this interview with you.

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As always, if you have any questions for me regarding buying, selling, or investing in real estate, don’t hesitate to reach out to me. I’d be delighted to help you out.

How Mitch Stephen Became a Mega-Successful Investor

Mitch Stephen, mega-successful real estate investor, author, and podcast host, is on the phone with me today to discuss how he climbed to the heights he has achieved.

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Want to buy a home? Search all homes for sale.

On today’s episode of “The Real Estate Raw Show,” I’m very excited to introduce our outstanding guest from Texas, Mitch Stephen. Mitch has bought, owner-financed, and sold over 1,500 homes in his hometown since 1996—not as an agent, but as an investor. He has his own podcast and has written several books, so I’m extremely happy to have him on to discuss how he’s become so successful.

For your convenience, I’ve timestamped the interview below so that you can jump to whatever topics interest you most.

0:40- Retaining one-third of the 1,500 homes Mitch has accumulated.
1:20- Mitch’s path to financial freedom
4:20- What are Mitch’s strengths?
5:20- Explaining owner-financing
8:50- Mitch’s idea of a perfect student
12:25- Mitch’s biggest success stories
15:50- Mitch’s parting advice

I want to thank Mitch so much for being on our show, and I hope he can come back again to explore some other questions about his success. If you would like to get more detailed information about his insight and experiences, visit the following links:

To buy his book “My Life & 1000 Houses: Failing Forward to Financial Freedom”, or download the first 100 pages for free: https://ub203.isrefer.com/go/book/jm2018/
To benefit from his online training system “The Art of Owner Finance”, which includes 13 easy-to-digest video/audio modules: https://ub203.isrefer.com/go/497/jm2018/
To learn a real estate investing technique that blows being a landlord away: https://ub203.isrefer.com/go/oftw/jm2018/
For tools and training on how to raise private money without fear of failure: https://ub203.isrefer.com/go/pmce/jm2018/

If you have any questions for me regarding buying, selling, or investing in real estate, don’t hesitate to reach out to me. I’d be delighted to help you out.

A Great Conversation With an Amazing General Contractor

Darrin Brightmon is a fantastic general contractor here in San Diego. We had a great conversation about he does and how he helps people every day.

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Want to buy a home? Search all homes for sale.

Welcome to another edition of the "Real Estate Raw Show." Today I have a very special guest, Darrin Brightmon. He’s a former star running back for UNLV, a colonel in the Army Reserves, and a fantastic general contractor with a great company, BDG Builders. I sat down with him to talk about the business, what he does, and how he helps people like myself and my clients on a daily basis. Here’s an outline of our discussion, with timestamps so that you can skip around to the topics that interest you most:

1:30- How Darrin got into the general contracting business.

3:00- The different licenses in the contracting world and the licenses that Darrin has himself.

5:40- The importance of bonds when hiring a contractor like Darrin and how they protect the consumer.

7:15- The dangers of hiring unlicensed or unbonded contractors to save a bit of money.

9:15- A rundown of a few of the projects Darrin is working on in San Diego right now.

Darrin works with San Diego property owners every single day.

11:20- The difference between residential and commercial contracting work.

12:00- Why hiring Darrin and BDG Builders to help build your new home is such a great idea.

If you have any questions for Darrin about how he can help you, don’t hesitate to reach out and give him a call at (858) 354-1041 or head on over to www.BDGBuilders.com.

If you have any mortgage-related questions or needs, don’t forget about our friend Akshay Patel at Easy Fundings Home Loans. You can reach him at (858) 207-8436.

Finally, if you have any questions regarding real estate, the market, or anything else, you can always reach out and give me a call or send me an email. I look forward to hearing from you soon.

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Joe Mendoza has been involved in real estate for over 20 years. He has been a Real Estate Broker, Investor, Consultant, Advisor, Mentor, Managing Partner, Acquisitions Manager, and a Nationwide Coach. At present, he is President of the Joe Mendoza Team, Inc. San Diego, California. Mr. Mendoza also is an Executive Real Estate and Business Coach for Tom Ferry Your Coach, based in Newport Beach, CA.

Mr. Mendoza has a long track record of success. While at Prudential California Realty, he ranked as high as the Top 1% in the nation and was number 7 in all of San Diego County. He built a team of 2 full-time employees and 5 licensed associate agents.

Joe Mendoza
CA BRE # 01234540
Katcam Real Estate
100 E. San Marcos Boulevard, Suite 400
San Marcos, CA 92069
Toll-Free 24/7: 877-794-5227
Direct: 619-246-4663
joe@joemendoza.com
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Mei -“He helped sell one of our homes and was able to sell it quickly, and we’re very happy with that result. He’s a pleasure to work with and he has been in the business for quite a long time, so he knows the ins and outs.”

Jeanette -“So, we were selling my home and at the same time we were looking for another home to move into. And he had to go through and put in a whole bunch of bids to different homes. Every time we’d email him and say ‘Hey, can you look at this?’ or ‘Can you look at this?’ he was just patient, all over it. Going through and putting in the bids, talking to us about what his recommendations were, what he thought, and then he just really went above and beyond with that whole experience. He made it like a very seamless experience for us. He’s very down-to-earth, great work ethic, and he puts the customer first.”

Marle -“He’s been a high school friend so he's been our go-to person whether we’re selling or buying and we’ve been through several of those. He’s always been my husband and I’s go-to person. We don’t look anywhere else, he’s our realtor. He is always there the moment I text or call him. The response time is amazing. I don’t have to wait five minutes and he’s calling me back. He’s always above and beyond. There’s never a time I’m waiting for him. Joe is very reliable and he will do anything and everything for his clients.”

Evelyn -“I want to let you know that Joe Mendoza is such a wonderful agent. He is so pleasant and so knowledgeable. If you call him or text him or send him an email he will respond right away. He is such an asset to the real estate business.”

Andy -“He went above and beyond in 2000. In 2000, one of his first home sales mine. I was one of his first clients and he actually sacrificed, maybe I shouldn’t say this, because he actually sacrificed some of his commission to ensure that I was happy. I had a termite infested pergola, like a backyard patio, and we didn’t catch it during the sale and inspection. And so I complained about it and he actually, to keep me happy as a client, he actually refunded me part of his commission. And at the time it was $500, I thought that was a lot of money at the time and I was one of his first clients. After that incident, I felt bad I took money out of him as one of his first clients, but he kept the customer happy and I alway refer people to him, I said there’s no other realtors I would go to beyond him. I tell them that he’s honest, fair, he’s smart and he has the experience in a difficult challenging industry and they’re getting one of the best when they hire him on.”

Elliot -"I met Joe about 15 years ago. He was living in the same area as we were and I met him, he told me he was in the real estate business and he seemed like a very trusting individual. Well, we wanted to sell it (the house) quickly, so by the time I contacted him within two days we had the For Sale sign up. Offers started coming in, he listed very quickly. So, he moved very quickly. I would tell people he is very knowledgeable. He;s been in the business over 20 years, over 25 years I believe, but the main thing is he is very trustworthy. He’s always smiling and laughing so he’s a pleasure to be around as well."

Margaret -"Joe, would, one, actually listen when I had an issue or come up upon a situation that I haven’t had before in my short term experience as a realtor and he’s been a realtor for twenty years, plus. So, he listened, he understands, he also is a fantastic problem solver. He’s also very motivating. He always has words of encouragement and can guide you in the right way. Through his coaching, he has given me discipline with a schedule. He’s made me understand the value of offering an abundance of not only experience and information but customer care. I was previously focused on my education so I had a lot of knowledge about my area of expertise, but I didn’t know how to showcase that. So, Joe helped me find my path in marketing and how to network, and how to make phone calls, scripts, what to say, that way it showcased the value in the information that I was providing clients so that I can build that long term rapport. It’s not just a one-on-one transaction. We are trying to build relationships."

Liz -"He is always upbeat and always positive. He is direct without being very direct, you know what I mean? He does not beat around the bush and he delivers his message very nicely. He’s been valuable for my mindset and his positive attitude has definitely rubbed off on me. He;s helped me to look at the positives even when I am going through something that is difficult and that has really helped me tackle my business no matter what’s going on. I am keeping focused, keeping positive, and getting the job done. I’ve already recommended him to several colleagues of mine and I tell them that I can’t imagine not having him as a coach for the rest of my career. I feel like we’re a team and he has helped my business tremendously. So, since I have been in coaching with him my business has grown."

Sabrina Rodriguez -"It was an awesome experience. My husband and I were very pleased working with him. He was very efficient in finding homes for us to look at. Every time I would text him any little question, it could have been late or a weekend, and he was very prompt in responding. He was basically on call at all times with us. If anybody is looking for a good agent I would definitely recommend Joe."

Jonathan -"The results were great. We got our first home. It’s exactly what we wanted and in a great area. It’s something for me and my family, we can see ourselves grow in and it’s just what we needed so it’s perfect. We were looking to buy a house last year and when we reached out again he remembered our whole situation and he remembered the name of my daughter. He just makes you feel at peace and comfortable in a difficult situation. I think he’s a great guy and a great realtor and he’s going to continue his success."

Jennifer -"Oh, I got great results. I met him on a Sunday morning and he said, “I bet I can have this house sold by Tuesday,” and he did. He’s very personable. He really listens to me. He’s a great guy doing a great job. He is definitely in the right profession. He is a wonderful people person. My whole experience with him was like that and if I write that he is awesome in an email or something he writes right back, “Thanks so much!"

Luis -"Working with Joe and the team was great.I was able to meet with him on Friday, we put the house up for sale and by Sunday night we had several showings and two offers. He and his team were really on it as far as letting me know what’s going on and I liked everything being online. It was a good thing for me. It was great to sign the docs online for the most part. He and his team overall were great. Everyone has different responsibilities for the transaction and I think overall the communication was great."

Myron -"The results were exactly what my wife and I expected. He was very diligent and very thorough with explaining things that we were unaware of, but most importantly he was able to prioritize exactly what we wanted so the results were beyond what we expected. We needed an inspection and he was able to be at our place for the inspection for what I believe was a duration of three hours so that right there showed us that he was dedicated to making this experience complete and stress-free for us."

Jim -"We had to sell our home due to a divorce agreement and we were looking for a real estate agent. I heard of Joe from some of our friends so he was one of the agents that we interviewed. Eventually, we had him deal with both, the sale of the house and also the purchase of the house I am currently in. I was really upfront with him at the time and I told him exactly what we needed and he was able to come through. I was expecting at least three months of being on the market and we were in fact on the market for about two weeks before we got the first offer. That was pretty good for us!"