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All Forum Posts by: Mark Fries

Mark Fries has started 18 posts and replied 1332 times.

Post: Is the market about to crash?

Mark FriesPosted
  • Contractor
  • Jacksonville, FL
  • Posts 1,372
  • Votes 2,199

@Jeff Tumbarello

I sure hope so because I need some more deals!!

Post: General Contractors and their role

Mark FriesPosted
  • Contractor
  • Jacksonville, FL
  • Posts 1,372
  • Votes 2,199

@Joseph Gisler

We are really just glorified babysitters.. I got so many licenses I can't even keep track of them..it should really be called a "get sh** done license". We take a project, contact the appropriate trades people and babysit it until it gets done in a professional and timely manner and we just charge a small fee for that.

Post: How did you decide on your current REI strategy?

Mark FriesPosted
  • Contractor
  • Jacksonville, FL
  • Posts 1,372
  • Votes 2,199

@Jonathan Stone

I wanted maximum cash coming in every month.

I was not interested in holding 15 or 20 mortgages and making $200 a door....that's not real money ( I probably lose $200 a week I don't even know where it goes so I knew that wasn't the kind of money I was interested in making)..

So about 10 years ago I read an outdated real estate investment book at the library ( I'm not even sure people on this forum know what a library is..lol) called "the weekend millionaire" and I applied those strategies of buying up cheap cash properties. Nothing like a $50,000 house that rents for 950 a month.

I guess I would say the strategy picked me...not the other way around.

Post: Jacksonville MArket Zipcodes

Mark FriesPosted
  • Contractor
  • Jacksonville, FL
  • Posts 1,372
  • Votes 2,199

@Cj Powderhorn

32218 around airport, parts of 32219, 32220, 32234, 32221, 32216, 32207, 32217, 32205, 32210, 32073, 32065, 32208.

If it's not on the list, I think it doesnt have much appreciation growth.

Post: What would you do with a tree stump?

Mark FriesPosted
  • Contractor
  • Jacksonville, FL
  • Posts 1,372
  • Votes 2,199

@Eric Wong

Leave it...I have tons of them...tenants use them as tables...beer holders.

Post: Recommendation for Jacksonville Property Manager

Mark FriesPosted
  • Contractor
  • Jacksonville, FL
  • Posts 1,372
  • Votes 2,199

@Jyotirmay Chaudhuri

Try valiant property management or lighthouse

Post: General market sentiment for Jacksonville

Mark FriesPosted
  • Contractor
  • Jacksonville, FL
  • Posts 1,372
  • Votes 2,199

@Minna Reid

Excellent analysis

Post: Buying First Rental Property in Jacksonville FL Area

Mark FriesPosted
  • Contractor
  • Jacksonville, FL
  • Posts 1,372
  • Votes 2,199

@Runelon Alcudia

Over all it's a great market here in Jacksonville for any strategy. Please reach out if you need any help with the remodel or the renovation

Post: ISO Short Term Project Manager in Jax FL

Mark FriesPosted
  • Contractor
  • Jacksonville, FL
  • Posts 1,372
  • Votes 2,199

@Janet Lancaster

I think it's gonna be hard to find a qualified person to do what you want based on hourly pay. There is a lot of opportunity here in Jacksonville currently with the market being hot and if somebody is available to do what you need I think it would throw up a red flag so just be careful.

Post: Demographics info on specific areas/neighborhoods

Mark FriesPosted
  • Contractor
  • Jacksonville, FL
  • Posts 1,372
  • Votes 2,199

@Gerardo Waisbaum

I can help you, as I am boots on the ground out here everyday. Can provide real time data and input versus a website. Reach out anytime.