cover of episode 68: Being a Superhero House Flipper, Investor, and Team Leader with Mark Ferguson

68: Being a Superhero House Flipper, Investor, and Team Leader with Mark Ferguson

Publish Date: 2014/5/1
logo of podcast BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

Frequently requested episodes will be transcribed first

Shownotes Transcript

    <p>Today on the <a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a> 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!)</p><p>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!</p><p>In This Show, We Cover:</p><ul>
  • 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

    Books Mentioned in the Show

    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

    Learn more about your ad choices. Visit megaphone.fm/adchoices