How to Make $7k Per Month Investing in Real Estate (w/ Mark Fergusun)
Marriage Kids and Money: Personal Finance for Families
Andy Hill
4.9 • 604 Ratings
🗓️ 13 March 2017
⏱️ 43 minutes
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| 0:00.0 | This is the Marriage Kids and Money podcast with Andy Hill session number 21. |
| 0:16.3 | This show is dedicated to helping you strengthen your your family tree, and live financially free. |
| 0:22.2 | Thanks for being here today, everyone. |
| 0:24.3 | Before we jump into the show today, I wanted to let you all know that this week, |
| 0:28.7 | I'm going to be sending out a free guide for members of the marriage, kids, and money community |
| 0:33.5 | on how to save $1,000 without leaving your home. |
| 0:38.9 | I'm calling it the three steps to 1K challenge. |
| 0:42.4 | If you want in on this money-saving guide, please go to |
| 0:45.7 | marriagekidsandmoney.com slash join. |
| 0:48.1 | That's marriagekidsandmoney.com slash join. |
| 0:51.4 | Okay, back to the show. |
| 0:53.0 | Lately, the shows and interviews I've been doing have been focused on decreasing your expenses |
| 0:58.3 | and increasing your income. When we focus on these two areas, it'll allow us to become |
| 1:03.6 | experts in increasing our net worth, our passive income, and our opportunities for financial |
| 1:10.1 | independence. Today, we're diving into |
| 1:13.7 | increasing your income through real estate. I had a chance to speak with an expert |
| 1:18.9 | real estate investor named Mark Ferguson the other day. Mark currently owns 14 rental |
| 1:24.8 | properties that provide him with $7,000 per month in passive income. He's also spent the |
| 1:31.6 | last decade and a half flipping over 120 houses and selling over 1,000 homes as a real estate agent. |
| 1:39.4 | He now manages a team of 10 that focus on growing and maintaining the overall real estate portfolio. |
| 1:45.8 | Now, all of those impressive numbers may sound intimidating, but when Mark started out, he had just |
| 1:52.0 | one house of very tight income, and he made a lot of mistakes. That's how we learn. That's the |
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