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Updated about 12 years ago on . Most recent reply

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Mark Ferguson
  • Flipper/Rehabber
  • Greeley, CO
1,353
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2,879
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New member in Colorado

Mark Ferguson
  • Flipper/Rehabber
  • Greeley, CO
Posted

Hi everyone, I am a Realtor and investor in Greleey Colorado. I recently started a blog on investing in long term single family homes and found this site while doing some research.

I have been a Realtor for over ten years and I have specailized in REO for the last five years. For those of you in REO I am in the NRBA and a US REO Partner. I am a HUD listing broker as well and love working with HUD! My dad has been an agent since 1978 and got me started in the business after I graduated from Univesity of Colorado.

I have been flipping homes with my father since before I got my license and we have probably done over 50 in the last ten years. It is getting harder and harder to find good deals to flip.

I bought my first single family rental in December of 2010 and have 6 now with another under contract. I am using the snowball effect to pay off one mortgage at a time with my cash flow. I should have the property I bought in 2010 paid off by the end of the year!

My goals are to sell 200 homes a year, flip ten a year and buy 100 single family rentals in the next ten years. I am not sure exactly how I will reach those goals, but what's thje point of goals if they don't challenge you!

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