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My Story

Known to his friends as “The Crazy Real Estate Investor,” Larry Steinhouse has a passion for investing in good, profitable properties. He first learned about real estate while working as a technician when he was just 18 years old. A friend and fellow employee was telling him about properties he was buying near the beach. He went on to tell Larry about the wealth-building ideas and the cash flow he was producing. Larry asked many questions and then went on to buy his first property just a few months later. The two-family house Larry bought when he was 18 gave him many great lessons, including how to be a landlord. Many of the lessons from that first house are still used by Larry and his coaching students. Larry says the “biggest mistake I ever made in real estate was selling that house at a 50 percent profit just a year later.” Many would question that statement, but after buying the house for about $25,000 and with a cash flow of over $250 a month at the time, Larry realized that the property would be worth many times that today — and the cash flow would be incredible if he had kept it. Teaching students how to make real money and build real wealth has been a passion of Larry’s for many years. He is with his students through every step of the process of searching for, buying, rehabbing and then renting or selling the property.

Latest News

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For the first time this year, the average 30-year, fixed mortgage rate has retreated, back

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Commentary: Let the Prime-Time Housing Market Begin

In this commentary, J. Lennox Scott, chairman and CEO of John L. Scott Real Estate,

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