Disclaimer

Last Updated: January 2026

Please read this Disclaimer carefully before using this Site, requesting our free book, or purchasing any product or coaching service from Tony Stephan Enterprises LLC.

No Income, Earnings, or Results Guarantee

Real estate investing carries genuine risk, including the possible loss of some or all invested capital. Nothing on this Site, in our free book, in any bonus material, in our coaching program, or in any communication from us is a promise, guarantee, or projection of any specific income, return, tax outcome, or other financial result. Any figures, deal breakdowns, or portfolio details we share reflect our own personal experience and decisions. They are not typical, are not guaranteed to be replicable, and should not be relied upon as an indication of what you will achieve.

Your results will depend on many factors outside our control, including your available capital, local market conditions, interest rates, your own effort and decision-making, and factors specific to any individual property or deal. Past performance of any property, strategy, or individual, including our own, does not guarantee future results.

Testimonials and Case Studies

Testimonials, case studies, and client stories shared on this Site or in our marketing represent individual experiences and are not necessarily representative of what every person can expect. Individual results vary based on circumstances unique to each person and deal. We do not pay for testimonials, but some individuals featured may be current or former coaching clients.

Not Financial, Investment, Tax, or Legal Advice

All content provided by Tony Stephan Enterprises LLC, including our book, bonuses, blog content, videos, emails, and coaching sessions, is for general educational and informational purposes only. It is not intended as, and should not be relied upon as, individualized financial, investment, tax, legal, or accounting advice. We are not your attorney, CPA, or licensed financial advisor. Before making any investment, tax, or legal decision, you should consult a qualified, licensed professional who can evaluate your specific circumstances.

Real Estate Risk Acknowledgment

Investing in real estate, including small multifamily properties, involves risks that may include, but are not limited to: property vacancy, tenant nonpayment or damage, unexpected repair or renovation costs, changes in interest rates or lending terms, changes in local market conditions, and the possibility that a property does not appraise or refinance as anticipated. Any of these factors can reduce or eliminate expected returns, or result in a financial loss.

Coaching and Mentorship Disclaimer

Our coaching and mentorship services are designed to provide education, accountability, and support based on our own experience and knowledge. Enrollment in a coaching program does not guarantee that you will close a deal, achieve a specific return, or replicate any result described in our marketing or by past clients. Success in any coaching program depends substantially on your own effort, capital, market, and circumstances.

Forward-Looking Statements

Any statements on this Site or in our materials about future plans, market conditions, or anticipated outcomes are forward-looking statements based on our own opinions and current understanding. Actual results and future events may differ materially from any such statements.

Third-Party Information

Where we reference general market data, tax law, or third-party sources, we've made a reasonable effort to ensure accuracy at the time of publication, but tax law, lending practices, and market conditions change. We recommend confirming current rules and figures with a licensed professional before relying on them.

Questions

Questions about these Terms can be directed to:

Tony Stephan Enterprises LLC Email: [email protected]

Disclaimer: This book is for educational and informational purposes only. Tony Stephan and Tony Stephan Enterprises make no guarantees regarding income, earnings, or specific results. Individual outcomes vary based on numerous factors including market conditions, capital available, effort, and experience. Any deals, refinances, or case studies referenced in this book are shared for illustrative and educational purposes only and should not be interpreted as promises of financial outcomes or a representation of typical results. Past performance is not indicative of future results. Please consult appropriate legal, tax, and financial professionals before making any investment decisions. Real estate investing involves risk, including the potential loss of capital.