
Sign up to save your podcasts
Or
Welcome to the first ever “solo” edition of the Invest Four More podcast. Mark Ferguson, the host of Invest Four More is an active real estate broker and investor and his purpose in building the Invest Four More platform is to teach you what he’s doing and how he’s doing it. This episode is a full-scoop episode, giving you the details on what properties Mark has in his portfolio, what he’s doing with them, and how he’s actively working to buy even more. His goal is to increase his monthly cash flow, so you won’t want to miss the insights you’ll gain from this transparent look into Mark’s business deals.
That’s the exact situation Mark finds himself in at this stage in the game. His area has record low properties available, and prices are climbing. That makes for a difficult time first of all, finding properties that are priced well enough to turn into an investment property. Secondly, there’s simply not enough property available to purchase. If a property that seems like a possibility becomes available, it’s gobbled up by someone immediately. What do you do in that situation if you want to expand your real estate investments? You start looking at other options. In this episode Mark’s going to fill you in on a turnkey deal he just purchased that is across the country, and how he plans on managing and using that property as part of his cash flow formula.
First off, let’s be sure you get what a turnkey deal is. A turnkey property is one that is being sold as a rental and already has tenants in the property. Many times these properties will be a duplex, triplex, or an even larger multi-family home. As you can see, buying a turnkey property gives you immediate cash flow as long as the current tenants want to remain in the property. That makes for a quick win real estate investment. But many investors like Mark buy the property, then make some cosmetic or structural changes to the property, enabling them to increase the monthly rent for even more cash flow. Turnkey deals are more and more popular in markets where property values are going up, making typical fix and flip and investment properties less of an option. Find out how Mark’s handling turnkey opportunities in this episode of Invest Four More.
In the area of the country where Mark Ferguson does business the property inventory is at an all time low. What is available is typically priced at levels that make them unprofitable from a fix and flip standpoint. That’s why it was surprising when Mark came across a property that was priced about $30K under the market value and also had a good deal of recent improvements already done. Mark rushed out that day and looked at the property and made a cash offer on it right away. He used money he had on hand to purchase the property, without even doing an inspection, confident that if any issues did arise, he had enough financial margin to take care of them before selling the home. Find out more on the details of this deal on this episode.
If you’re in the fix and flip world you know the headache and hassle it can be to work with contractors. It seems that more and more people are getting into the contracting business without having the right skills, training, or integrity to create a business that is truly worthwhile. Mark’s come up with a novel solution that is working beautifully. A trustworthy contractor who worked for him in the past but had gone into another career field recently approached Mark, telling how he hated the new career and wanted to come back into construction work. He wanted Mark to let him work on a few jobs, but Mark had a better plan. He hired the guy to be his fix and flip administrator, responsible for hiring contractors, overseeing the work, and making sure jobs get done on time. It’s taken a load off Mark’s plate and provided a great opportunity for his friend at the same time. And to top it off, fix and flip projects are getting done on time and with quality work. Find out more about how Mark arranged this situation in this episode.
Mark’s welcome and introduction to this solo edition of the show.
Mark’s investment and rental properties.
The conditions in Mark’s area (Colorado), a difficult time with low inventory.
An update on Mark’s rental properties.
Fix and Flip properties that Mark has been working on.
An update on Mark’s real estate team.
Mark’s new programs and products - call Mark for a $100 discount on all his programs.
Contact Mark for a $100 discount on all his programs - [email protected]
PLEASE LEAVE A RATING AND REVIEW FOR US OVER ON ITUNES
#RealEstateInvesting updates from a guy who is actively buying & selling
Get a $100 discount on Mark’s #RealEstateInvesting programs
How can you do #RealEstateInvesting in a difficult market?
Why #TurnKey properties are such a good idea
A #FixandFlip update from Mark Ferguson’s portfolio
4.8
5353 ratings
Welcome to the first ever “solo” edition of the Invest Four More podcast. Mark Ferguson, the host of Invest Four More is an active real estate broker and investor and his purpose in building the Invest Four More platform is to teach you what he’s doing and how he’s doing it. This episode is a full-scoop episode, giving you the details on what properties Mark has in his portfolio, what he’s doing with them, and how he’s actively working to buy even more. His goal is to increase his monthly cash flow, so you won’t want to miss the insights you’ll gain from this transparent look into Mark’s business deals.
That’s the exact situation Mark finds himself in at this stage in the game. His area has record low properties available, and prices are climbing. That makes for a difficult time first of all, finding properties that are priced well enough to turn into an investment property. Secondly, there’s simply not enough property available to purchase. If a property that seems like a possibility becomes available, it’s gobbled up by someone immediately. What do you do in that situation if you want to expand your real estate investments? You start looking at other options. In this episode Mark’s going to fill you in on a turnkey deal he just purchased that is across the country, and how he plans on managing and using that property as part of his cash flow formula.
First off, let’s be sure you get what a turnkey deal is. A turnkey property is one that is being sold as a rental and already has tenants in the property. Many times these properties will be a duplex, triplex, or an even larger multi-family home. As you can see, buying a turnkey property gives you immediate cash flow as long as the current tenants want to remain in the property. That makes for a quick win real estate investment. But many investors like Mark buy the property, then make some cosmetic or structural changes to the property, enabling them to increase the monthly rent for even more cash flow. Turnkey deals are more and more popular in markets where property values are going up, making typical fix and flip and investment properties less of an option. Find out how Mark’s handling turnkey opportunities in this episode of Invest Four More.
In the area of the country where Mark Ferguson does business the property inventory is at an all time low. What is available is typically priced at levels that make them unprofitable from a fix and flip standpoint. That’s why it was surprising when Mark came across a property that was priced about $30K under the market value and also had a good deal of recent improvements already done. Mark rushed out that day and looked at the property and made a cash offer on it right away. He used money he had on hand to purchase the property, without even doing an inspection, confident that if any issues did arise, he had enough financial margin to take care of them before selling the home. Find out more on the details of this deal on this episode.
If you’re in the fix and flip world you know the headache and hassle it can be to work with contractors. It seems that more and more people are getting into the contracting business without having the right skills, training, or integrity to create a business that is truly worthwhile. Mark’s come up with a novel solution that is working beautifully. A trustworthy contractor who worked for him in the past but had gone into another career field recently approached Mark, telling how he hated the new career and wanted to come back into construction work. He wanted Mark to let him work on a few jobs, but Mark had a better plan. He hired the guy to be his fix and flip administrator, responsible for hiring contractors, overseeing the work, and making sure jobs get done on time. It’s taken a load off Mark’s plate and provided a great opportunity for his friend at the same time. And to top it off, fix and flip projects are getting done on time and with quality work. Find out more about how Mark arranged this situation in this episode.
Mark’s welcome and introduction to this solo edition of the show.
Mark’s investment and rental properties.
The conditions in Mark’s area (Colorado), a difficult time with low inventory.
An update on Mark’s rental properties.
Fix and Flip properties that Mark has been working on.
An update on Mark’s real estate team.
Mark’s new programs and products - call Mark for a $100 discount on all his programs.
Contact Mark for a $100 discount on all his programs - [email protected]
PLEASE LEAVE A RATING AND REVIEW FOR US OVER ON ITUNES
#RealEstateInvesting updates from a guy who is actively buying & selling
Get a $100 discount on Mark’s #RealEstateInvesting programs
How can you do #RealEstateInvesting in a difficult market?
Why #TurnKey properties are such a good idea
A #FixandFlip update from Mark Ferguson’s portfolio