Stefan Aarnio: How to Flip Houses for Fun and Profit WITHOUT Using Your Own Cash
Property Profits Real Estate Podcast
English - January 14, 2019 22:00 - 31 minutes - 29.1 MB - ★★★★★ - 23 ratingsInvesting Business business entrepreneurship realestate investing entrepreneur marketing finance money leadership financialfreedom Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Learn how Stefan purchased, controlled, and owned real estate with ‘no money down’, hear his journey to becoming a self-made flipping rockstar, and know the secret of becoming a successful real estate professional: Mindset is what matters.
Resources/Links
Rich Dad Poor Dad Book by Robert Kiyosaki
Think and Grow Rich by Napoleon Hill
Money People Deal: The Fastest Way to Real Estate Wealth
Summary
Stefan Aarnio is an award-winning real estate Investor, Entrepreneur, Author and winner of the 2014 Rich Dad International Hall of Fame award. He has been featured in Canadian Real Estate Wealth Magazine, and Entrepreneur Magazine named him one of the Top 10 Real Estate Influencers to Follow. Starting with only $1200, Stefan has built a multi-million dollar portfolio for himself and his partners and been recognized on The Self Made List.
In this episode, Stephan dives deep into his real estate career journey from dreaming to be a rock star artist that eventually transitioned to being a real estate flipping expert and real estate coach. Stefan shared how he accumulated properties at an alarming pace controlling most of his local niche through his understanding of Real Estate Joint Ventures. Stefan’s philosophy is simple, find great deals, build a fantastic team, pay everybody, and create partnerships for life.
“[on starting a real estate career] At the beginning, take what you can get. If you do start with that, work as hard as you can to get out of that and get into something better.”
– Stefan Aarnio
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Topics Covered:
00:55 – Stefan’s real estate investing journey: accumulating properties deal after deal at an early age
05:38 – Flipping: how his company maintain to move a contract every week
06:18 – How his ‘No Money Down’ vendor financing system works
07:32 – Acquiring a real property after playing a cash flow game with partners he just met, holding the mortgage ending up buying the guys out of the deal
08:22 – How hiring a mentor changed his real estate career, closing 24 deals after having a mindset shift
11:12 – Moving up from family and friends funding source and getting funds from millionaire investors, the mindset that shifted his business to the abundance
12:25 – Where and how he landed his ‘big fish’ deals
15:47 – How he present the investment opportunity to investors
17:58 – How he structures his flipping deals
22:13 – The securities token he presents to his investors through joint venture agreements
24:55 – How he raise funding from scratch: the importance of developing sales skills as a real estate professional
Key Takeaways:
“[on starting a career in real estate] At the beginning, take what you can get. If you do start with that, work as hard as you can to get out of that and get into something better.” – Stefan Aarnio
“[on property investing] Why pay for it if you can get somebody else to.” – Stefan Aarnio
“Everybody likes making money. No matter how rich or poor you are. Everybody’s interest is to hear about ways to make money.” – Stefan Aarnio
“If you can get the deal, the money is always there.” – Dave Dubeau
Connect with Stefan Aarnio :
stefanaarnio.com
respectthegrind.com
Respect the Grind Podcast
Books
Connect with Dave Dubeau:
Property Profits Podcast
www.davedubeau.com
www.investorattractiondemo.com
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