68: Being a Superhero House Flipper, Investor, and Team Leader with Mark Ferguson
BiggerPockets Real Estate Podcast - A podcast by BiggerPockets
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 MLSUsing electronic signatures to get more dealsWhy Mark doesn’t buy multifamily propertiesHow to find a niche and strategy for your investment businessFinding the “sweet spots” in your marketWorking with Portfolio loansWhen should you hire an employee to manage your rentals?Why Mark chooses to pay off his loansFinding and managing contractorsHow Mark decides if he’ll flip or rent a houseFinding time to fit in all the busy parts of lifeThe team members who help Mark work less than 40 hours per weekWhy Mark wants to buy 100 housesHow to invest when the bank says “no.”And lots more!Links from the ShowBiggerPockets Success Stories ForumFive Tips to Get Great Deals On the MLS (Including Buying Houses on Friday…?) by Mark FergusonThe Real Estate Agent’s Ultimate Guide to Working with InvestorsBiggerPockets.com/meetHow Life Coaching has Helped Improve My Business and Life by Mark FergusonBooks Mentioned in the ShowThe Millionaire Real Estate Investor by Gary KellerThe Millionaire Real Estate Agent by Gary KellerThink and Grow Rich by Napoleon HillTweetable TopicsTake 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 MarkMark’s BiggerPockets ProfileMark’s Website: www.InvestFourMore.com