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The Legacy Blueprint

Joe Evangelisti is an avid real estate investor, broker, entrepreneur and owner of multiple different businesses. Joe helps new and experienced real estate investors, entrepreneurs, CEOs, and other great minds looking to grow, gain the edge they need to take their life and business to the next level. He strives to help leaders win and live their legacy. Joe’s motivation to see people succeed in life and business is unmatched. The Legacy Blueprint is meant to be an interactive place for you to learn and grow. Message joe@joeevangelisti.com today and let’s discuss YOUR goals.
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Now displaying: March, 2015
Mar 19, 2015

Today Joe talks at length with Mark Ferguson, an amazing guy who’s done some amazing things in the real estate investing world. His blog www.InvestFourMore.com catalogues a ton of great information on who Mark is and what he does, so be sure to check it out! He gets over 200,000 views a month (that’s TWO HUNDRED THOUSAND!). And most of the great resources he puts out (2 to 3 posts per week) is absolutely free!

Mark Ferguson’s story is like many, he began right out of college in 2001 when he got his Real Estate License, following in his dad’s footsteps. He started doing normal real estate deals working alongside his dad, then he began flipping homes. But it’s when he moved into REO properties that he saw his career take off. The next thing he knew he was hiring assistants, buying rental properties, and continuing to flip properties up until today, and he’s launched his business into the stratosphere as a result.

Mark shares a ton of information regarding what he looks for in a possible rental property and why he always does his deals using a local portfolio lender. There are so many advantages, you’ve got to listen to find out why. He’s not a guy to hold anything back and you’ll find that he’s ready, willing, and most of all, able to help you with a ton of free resources, coaching, and one on one consulting calls.

The conversation Joe has with Mark covers how he goes about flipping properties too. Joe asks Mark to share what he looks for when he’s trying to find a good flip, how he goes about it, and how the deals typically work - and Mark shares everything. He still finds that 90% of his deals come from searching the MLS and he pays cash for most of them. He normally spends $20,000 to $30,000 worth of renovations and flips the property quickly.

Listen in to this episode, connect with Joe and Mark, and ramp up your business!

LINKS MENTIONED IN THIS EPISODE

www.InvestFourMore.com


OUTLINE OF THIS EPISODE OF THE FLIP KING


  • Who is Mark Ferguson?

  • A ton of valuable info on Mark’s blog.

  • How Mark got started and what he’s doing now.

  • How Mark picks a good deal for a rental property.

  • Why local portfolio lenders are the way to go when you start.

  • What Mark looks for in a good “flip” deal.

  • What Mark’s trying to do with his blog and what’s there to help you.



TWEETS YOU CAN USE TO SPREAD THE WORD

2 have a consistent, predictable business, you have to take consistent, predictable action

Analysis paralysis keeps too many would-be real estate investors from success

Focus is the #1 things most real estate agents lack.

4 free real estate ebooks and a free video training - www.investfourmore.com


A local portfolio lender can make your RE investing business soar
Mar 7, 2015

We’ll all have bad weeks

Let’s talk about the ups and downs of the business. We all go through these ups and downs. Whether you’re new or have been in this business for years, you’ll have ups and downs. I just want to be honest with you and tell you that’s it’s been a bad couple of weeks. Looking back on the past I’ve had bad weeks in the past and I always found a way to get through it.

While success is relative (whether its 10 deals a year or 1,000), so is struggle. In the last couple of weeks, we’ve had all sorts of deals fall apart. We’ve had a lot of negative things happen. It’s been bad clients and people backing out of deals and people who couldn’t raise the money. No matter the cause, though, you’ve just got to focus on your goals.

Consistent predictable revenue is a struggle

When you consider it, what you really struggle with is having consistent, predictable, revenue. That’s the hard part. A lot of people fail on this. The consistency doesn’t happen.

Maybe you have $1,000 and you spend it making and sending out a mailer. If you send it out and you don’t make back any money, you might consider it a failure. Often though, it’s the second, third, or fourth thousand. It’s difficult to spend more than you’re going to make as long as you keep constantly trying to reach out.

Keep going until your effort pays off

It’s possible to make tens of thousands of dollars with just a few minutes of work. You just have to keep going until it pays off. You just have to constantly market over and over again. Don’t bail out after your first try. It will take time; don’t give up.

There are so many people making money in this business. How are they doing it? They don’t give up. They bounce back quickly and keep going. They’re constantly listening and growing and learning to grow more.

Consistency will yield results

Consistent marketing will yield consistent results. Sometimes this business sucks. Sometimes you’d rather not do it. If you’re ultimately responsible, it can really beat you up. Don’t let it. Fail and quickly rebound.

How quickly can you fail and get back on your feet? I’ve had a bad couple of weeks and I know what my goals are. I know that I set high expectations for myself, but I also know that I’ll beat them, no matter what it takes.

There’s nothing like real estate. Remember that the lows in working for yourself are better than some of the highs in working for “the man,” so keep going. Don’t give up.

Show outline:

  • We all go through these ups and downs.

  • No matter the cause, though, you’ve just got to focus on your goals.

  • I’ve spent the last couple of weeks down.The quicker you can bounce back the better.

  • When you consider it, what you really struggle with is having consistent, predictable, revenue.

  • Maybe you have $1,000 and you spend it making and sending out a mailer. If you send it out and you don’t make back any money, you might consider it a failure. Often though, it’s the second, third, or fourth thousand.

  • You just have to keep going until it pays off. You just have to constantly market over and over again. Don’t bail out after your first try.

  • There are so many people making money in this business. How are they doing it? They don’t give up.

  • Consistent marketing will yield consistent results. Fail and quickly rebound.

  • How quickly can you fail and get back on your feet?

  • Remember that the lows in working for yourself are better than some of the highs in working for “the man,” so keep going. Don’t give up.

LINKS MENTIONED IN THIS EPISODE:

None

TWEETS YOU CAN USE TO SPREAD THIS GREAT CONTENT:

Whether you’re new or have been in this business for years, you’ll have ups and downs.

You just have to keep going until it pays off. You just have to constantly market over and over again.

There are so many people making money in this business. How? They don’t give up.

Consistent marketing will yield consistent results. Fail and quickly rebound.


The lows in working for yourself are better than some of the highs in working for “the man,” so keep going.

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