Secrets of Successful Apartment Investors: Strategies You Can Use | Tony Stephan E480

The Rich Somers Report

Rich Somers

Business, Investing

5.0 • 1K Ratings

🗓️ 26 March 2026

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

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Summary

Grab my best selling book for FREE: https://start.tonystephan.com/freebookorg Subscribe to my youtube: https://www.youtube.com/@tonystephan Join our mentorship program: https://tonystephan.com/ Most investors are playing the wrong game—and they don’t even realize it. Rich sits down with Tony Stephan, who scaled to 377 units without outside investors, to break down the real difference between small residential and true multifamily—and why that distinction changes everything. They dive into why...

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0:00.0	I think one of my biggest advice for your listeners, look for reasons to do the deal,
0:05.4	not for reasons not to do the deal. So many new investors like, oh, dude, there's dirt on the
0:10.5	floor. I'm not doing the deal. Yeah, dude, it's tenants, right? They're ranked in it. Yeah,
0:15.1	all good. But look for reasons to do the deal. And that's why keep it simple. As humans,
0:19.4	we try to overcomplicate things to give us
0:22.1	an easy way out welcome to the rich drummers report where we talk real estate business and
0:27.3	wealth building all while keeping it real no fluff no BS I hope that you enjoy the show
0:32.2	all right guys today I got someone doing big things in the multifamily space and he's going to be dropping a lot of stuff, a lot of game on 377 doors.
0:47.5	No investors, just him and his wife.
0:49.9	I got my man Tony Stefan on the building.
0:51.6	What's up, Tony?
0:52.4	Rich, what's up, bro?
0:53.3	Appreciate you having me here, man.
0:54.8	Beautiful, beautiful spot, bro.
0:56.1	I love the spot.
0:56.9	Thank you, bro.
0:57.7	Thank you.
0:57.9	Appreciate you coming down, man.
1:00.0	Michigan, you're in Newport for the winter season with the lady. Dude, so I got to say, man, I think the biggest misconception with multifamily is a lot of people think that one through four
1:11.4	units is multifamily. I'm like, no, no, no, one through four units is residential. Why do you
1:16.9	think people get that confused? And what's the biggest difference? Do I get a lot of hate on the
1:20.2	internet with this? But one to four units, it is residential. It is a single family home. Bro,
	...

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