Episode 161: Case Study; Undoing Mistakes of the Past

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 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 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: REInvestorSummit.com/Machine REInvestorSummit.com/noteservicing REInvestorSummit.com/101 REInvestorSummit.com/100 REInvestorSummit.com/coaching