InvestFourMore Real Estate Podcast
About This Show
The InvestFourMore Real Estate Podcast is hosted by Mark Ferguson, a successful real estate agent and investor. Mark owns 16 rentals, flips 10 to 15 homes a year, and runs a real estate sales team of ten. Mark also created Investfourmore.com, a real estate blog that gives advice and chronicles his investing.
On the podcast Mark interviews successful investors, successful agents, and many other people who are in the real estate business. Mark also does solo shows where he goes in-depth on his own real estate investing and strategies like switching his focus from Colorado for rental properties to Florida. Mark also interviews new and beginning investors. This practice allows a new investor to get direct advice on how to get started, how to overcome roadblocks and helps the listeners as well.
Mark has been featured on the Washington Post, Time, Yahoo, Zillow, Realtor.com, Huffington Post, and many more major media outlets. Mark has written multiple best-selling paperback and Kindle books and loves hearing from his listeners and readers.
Most Recent Episode
089 Taking Control of your Retirement with Damion Lupo
4 days ago
Damion Lupo started off as a real estate investor before the housing crash in the mid 2000's. He was able to by 150 houses while he was in his early 20's and was smart enough to sell many of them before prices dropped. However, Damion decided to take his capital and invest it heavily in more real estate, which caused him to lose everything he had and then some. Damion came back strong after his collapse, but decided on a new path. He started Fintech Total Control Financial to help people retire better and faster. His company focuses on qualified retirement plans which are much more flexible than IRA's or 401k's. You can hear all about Damion's rise, fall, and development of a new company on this episode of the InvestFourMore Real Estate Podcast. How did Damion start buying houses in his early 20's? Damion was introduced to real estate when a friend asked him to partner on a subject-to deal. They were going to buy the house from a motivated seller, but keep the seller's mortgage in place. Damion used his credit cards to come up with the cash needed to buy the house. He also did much of the work himself on the home causing a flood, electrocuting himself, and finding out how much paint fumes can affect your judgement. Damion did not take it slow in the beginning of his real estate career. He bought more houses while he was working on the first house. He was not very careful with his finances and realized he was about a month away from bankruptcy if he did not change things. He focused on lease options to bring cash into his business and stabilize his finances. Damion ended up with 20 houses in his name very quickly, but he was doing the work himself and they were scattered all over. He realized he did not have a sustainable business. Why you should start investing when you are young. How did Damion lose his real estate empire Damion actually sold most of his 150 houses in 2005. Instead of sitting on the sidelines and enjoying his spoils, he decided to double down on huge flips, and multifamily projects. At one point he had 7 projects going at once that he assumed would make him over $1 million in profits each. That was when the market crashed and his huge profit projections turned into losses. He figured he owned $20 mil