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
142: How to supplement your income with a real estate license and rental properties
4 days ago
On this episode of the InvestFourMore Real Estate Podcast, Jason Downing is our guest. Jason is a personal trainer who has bought rentals and become a real estate agent. Jason has an interesting story as he is just a regular guy with a regular job who has been successful as a part-time real estate investor. Jason is a personal trainer and knew his income was limited to how many hours he could work. He looked to supplement his income and chose real estate to help him. Jason was able to buy 7 rental property units in a couple of years, and he also recently got his real estate license. On this show, we talk about Jason buying his first rental, how he has found his deals, why he got his real estate license, and what his plans are for the future. Why did Jason want to buy rental properties? Jason is a personal trainer and loves his work but admittedly does not make a ton of money. He saw that how much money he made was directly tied to how many hours he worked. Jason was looking for ways to supplement his income and decided on rental properties. He was able to buy his first rental less than a year after deciding he would buy one. How to get started investing in real estate quickly. How was Jason able to buy his first rental so fast? Jason's biggest barrier to buying his first investment property was saving money. He did not make a lot of money, so he had to base his purchase price on what he could afford. To get ready to buy a rental, he interviewed many lenders, found an awesome real estate agent, and educated himself about everything. He learned what it would cost to fix up a house and knew what he required for the returns on a rental. While he had a great agent, he did not rely on that agent to do everything for him. His first purchase was an up/down duplex that he bought for $62,000. The property rented for $600 in one unit and $650 in the other when he bought it in 2014. Jason was able to fix up the property a little bit, raise the rents, and get almost all of his money out with a refinance. The property now rents for $800 and $840 per month. Cash flow calculator. What other deals has Jason bought? Jason also bought another duplex and triplex that were off-market deals. On the podc