Problem Properties | How to Generate Revenue Via Owner Finance

Mitch Stephen chats with

Mac Ford Jr.

Mitch Stephen chats with         Mitch Stephen chats with        

Mac Ford Jr.           Mac Ford Jr.          

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Episode 161:

Mac Ford Jr. is from Baltimore, Maryland and graduated from University of Mississippi with a degree in Managerial Finance. After graduation, he started in the insurance sector. He saw an opportunity to be a mentee under Mitch and decided to take full advantage. He has been in the real estate field for a little over a year and has grown a true passion for the industry. With Mitch’s guidance and expertise, he is turning many problem properties into revenue churning vehicles via owner finance.

What you’ll learn about in this episode:

• The predicament that Mac was in and how he got there
• Why you should find a good property manager to work with
• The value of finding tenants who will stay and take care of the property
• How marketing has helped substantially with Mac’s problem properties
• What Mac’s negative cash-flow was 12 months ago and how it’s improved
• How LiveComm was instrumental in helping Mac to sell problem properties
• Why finding a qualified buyer is so difficult
• How Mac turned things around with the properties that he was buying
• The power of changing your mindset
• The importance of just sticking with it and seeing things through

Resources:

• 1000houses.com/Machine
• 1000houses.com/NoteServicing
• 1000houses.com/101
• 1000houses.com/100
• 1000houses.com/Coaching

• Here’s How »

• 1000houses.com
• Real Estate Investor Summit Facebook
• Real Estate Investor Summit Twitter
• Real Estate Investor Summit YouTube
• Mitch Stephen LinkedIn