JF57: Peek-a-Boo I See You: Overlooked Costs on a Fix and Flips

The Best Ever CRE Show

Best Ever CRE

Entrepreneurship, Business, Investing

4.7 • 996 Ratings

🗓️ 30 October 2014

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

How much did it cost to fix up? What did you pay for it? How long did you hold it? What did you sell it for? Those four questions are the four that are typically asked when evaluating the success of a fix and flip deal. However, today’s Best Ever guest shares with us secret, hidden and…spooky (ok, not spooky but it is Halloween season…) expenses that usually get overlooked. Tweetable quote: It’s a learning experience. It’s not a failure. Mark Ferguson’s real estate background: - Real estate agent since 2001 - Fixes and flips between 10 – 15 properties a year - Runs a team of ten that has sold an average of 200 homes a year over the last four years - Owner of 11 investment properties - Founder of Invest Four More (www.investfourmore.com) – a real estate investing blog Subscribe in iTunes and Stitcher so you don't miss an episode! Sponsored by: Door Devil – visit www.doordevil.com and enter "bestever" to get an exclusive 20% discount on your purchase. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Did you know that within a decade women will hold $30 trillion in investable assets?
0:05.3	Yet somehow only 19% of women reported feeling confident in selecting investments that align
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0:48.0	To learn more and to get your tickets, visit Invest HerCon.com today and use the code 100 best ever to get $100 off your ticket.
0:56.6	That's Invest Her, H-E-R-K-D-K-G-G-G-O-K-G-K-K-K-K-K-K-K-O-K-Kom,
1:00.6	Promo-Kod 100 best ever to get $100 off your ticket.
1:05.0	Are you ready for the best real estate investing advice ever?
1:09.0	Join Joe Fairless and today's successful real estate professional as they share it with you.
1:15.0	Let's go.
1:17.0	A quick word from our sponsor of the Door Devil.
1:20.0	Homeowners spend hundreds on alarm systems each year, but rarely reinforced the weakest point on the home, the doors.
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1:39.6	Visit doordevil.com and enter best ever to get an exclusive 20% discount on your
1:45.5	purchase. Hello best ever listeners welcome to the best real estate
1:49.6	investing advice ever show I'm Joe Ferless and I'm here with today's guest Mark Ferguson. Hi Mark
	...

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