Real Estate Nerds 16: Become Recession-Proof Through Conservative Investing With Mitch Stephen

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Real Estate Nerds 16: Become Recession-Proof Through Conservative Investing with Mitch Stephen – Bad Beats

5+ y ago 27:28

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Welcome back to The Real Estate Nerds Podcast! Mitch Stephen is a successful real estate investor and entrepreneur who owns roughly 1500 houses in the San Antonio, TX area. But he’s not here to take a victory lap, because this is a Bad Beats episode. Mitch joins our host and attorney Scott Smith to tell us about a deal he made on a group of lots. Unfortunately, the recession hit about a month after he closed, and the bank wanted their $1 million loan back. The two investors conduct a post-mortem on the transaction, discuss how Mitch managed to recover from this loss and learn from it, and Mitch’s personal strategies for developing a portfolio that can keep you above water in the even of another recession. Mitch and Scott analyze how Mitch’s conservative investing style has led to his great success as both a real estate investor and lender. Tune in to hear the full conversation. Thanks for joining us!

69 episodes

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