68: Being a Superhero House Flipper, Investor, and Team Leader with Mark Ferguson | Bigger Pockets Podcast
Today on the BiggerPockets Podcast we sit down with real estate investor Mark Ferguson to talk about his adventures in flipping and renting single family homes in the Colorado market. Mark is truly a real estate superhero: managing a real estate sales team, flipping houses, making offers, being a landlord, and writing about real estate all while working less hours than the normal employee (all while also having twin toddlers at home!)
Mark has truly mastered the art of delegation, team building, and using systems to stay on track and find success in his business – and he shares all his secrets with us today, so don’t miss a second of this incredible show!
In This Show, We Cover:
Should you get your real estate license?
Tips for buying properties on the MLS
Using electronic signatures to get more deals
Why Mark doesn’t buy multifamily properties
How to find a niche and strategy for your investment business
Finding the “sweet spots” in your market
Working with Portfolio loans
When should you hire an employee to manage your rentals?
Why Mark chooses to pay off his loans
Finding and managing contractors
How Mark decides if he’ll flip or rent a house
Finding time to fit in all the busy parts of life
The team members who help Mark work less than 40 hours per week
Why Mark wants to buy 100 houses
How to invest when the bank says “no.”
And lots more!
Links from the Show
BiggerPockets Success Stories Forum
Five Tips to Get Great Deals On the MLS (Including Buying Houses on Friday…?) by Mark Ferguson
The Real Estate Agent’s Ultimate Guide to Working with Investors
BiggerPockets.com/meet
How Life Coaching has Helped Improve My Business and Life by Mark Ferguson
Books Mentioned in the Show
The Millionaire Real Estate Investor by Gary Keller
The Millionaire Real Estate Agent by Gary Keller
Think and Grow Rich by Napoleon Hill
Tweetable Topics
Take care of your real estate agent and they’ll take care of you. (Tweet This!)
When looking for good real estate deals, speed is the name of the game. (Tweet This!)
When investing in real estate – no one is going to do your job for you. (Tweet This!)
Make goals – and then break them down into actionable steps to accomplish them. (Tweet This!)
Connect with Mark
Mark’s BiggerPockets Profile
Mark’s Website: www.InvestFourMore.com
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