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OPM Mastery

Building long term wealth and passive income comes from being able to build and grow your portfolio of rental properties. Your ability to use OPM or Other People's Money will provide you to scale your investments and grow your wealth faster. Whether you use banks, equity, hard money, or private money, you need to know how and when to access capital. The OPM Mastery 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 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.
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Jul 12, 2017

I have had up to 20 flips going at once this year, which can be a lot to handle.  I have a great team who helps me, and I have systems to get them repaired and sold. Before my team can do anything with the properties, we have to find properties to buy! In the past, I bought most of my flips from the foreclosure sale then had to change strategies and buy from the MLS. In the last year, I have bought many flips from wholesalers, and I am adding additional ways to buy. I have had good luck buying flips from the MLS and wholesalers, but I have not been buying as many houses as I thought I would. Last week, I bought my first flip since the middle of May. I have a goal to buy three flips every month, so that was a pretty long spell without buying any houses. I now have three more houses under contract and am getting back on track. On this episode of the InvestFourMore Real Estate Podcast, I talk all about how I find deals in today's real estate market.

 

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