Build a Rental Property Empire: The no-nonsense book on finding deals, financing the right way, and managing wisely. (InvestFourMore Investor Series 1)

Build a Rental Property Empire: The no-nonsense book on finding deals, financing the right way, and managing wisely. (InvestFourMore Investor Series 1)

Posted by jack_miller | Published 7 months ago

With 361 ratings

By: Mark Ferguson and Gregory Helmerick

Purchased At: $24.95

"I finally got a chance to purchase and read your book (Build a Rental Property Empire). It was easy to read and practical and pragmatic - and I liked it enough to give a copy to my son who is just starting out with his real estate investing and also to two of my investor clients as closing gifts."

-Sharon

Learn the best way to invest in rental properties in this 300 plus page book written by real estate investor Mark Ferguson (owns more than 100,000 sqft of rentals). This book gives you the exact details on how to finance, find, analyze, manage, and even sell rental properties. Where other books lack the details on how to actually make money in real estate, this book is all about the details. It is written by someone who has been investing in real estate for over 15 years and is still investing today.

If you are having trouble figuring out how to find the right properties, how to finance them, where to buy properties, or how to buy with little cash, this books tells you how to overcome those obstacles. If you can't find your answer in the book, Mark even gives away his email address where you can ask him directly.

Mark is a successful rental property owner, fix and flipper and real estate broker. Mark has sold over 1,000 houses as a broker, flipped over 155 houses, and owns his own office Blue Steel Real Estate. Mark bought his first rental property on his own in December 2010 and now has 19 rentals (commercial and residential). He has fix and flipped houses since 2001 and been a real estate agent since 2001 as well. Over the years, he has learned the best way to find rentals, get great deals, manage properties, finance properties, find great markets and build wealth with rentals. In this book, Mark gives you all the information you need to be a successful rental property investor.

Mark also started InvestFourMore, a real estate blog with over 35,000 subscribers and millions of visitors. He is known for his straight to the point writing that is easy to understand and full of insight. This book is not full of theories and made up stories. It contains real-world case studies and information on investing from an investor actively investing in today’s market (2017).

Here are just a few of the topics covered:

· Why rental properties will help you retire faster than other investments

· The risks of investing in rentals

· How to determine what a good rental property is

· How to determine what type of rental to buy

· How to get a great deal on properties

· How to finance rentals, even if you have more than 4 or more than 10

· How to invest in rentals with less cash

· How to repair and maintain properties

· How to manage rentals or find a property manager

· What are the best exit strategies

· How to buy rental properties when your market is too expensive

· Brand New Bonus Chapter on Commercial Real Estate Investing

This book has been revised a number of times to reflect current market conditions and changes in Mark's strategy.
This book is basically Mark's free blog posts smooshed together into a book you can pay for. I have no problem with a blogger finding ways to make money on his work but you should know that going in to your buying decision.

Most of his empire building experience seems to be in the years following the housing crisis in a market that is very favorable to rental property buyers. This book could easily be called, "All my free blog posts put into a book you can pay me for about why you should have invested in Colorado real estate after the housing crash when everything was dirt cheap and there was a ton of money to be made". Although he talks about his strategies as if he's discovered the golden goose that will keep laying those eggs indefinitely as long as he keeps pumping in the corn feed, it's clear his success is largely based on favorable market conditions. In fact, the little bit of reading I've gone back and done on his blog shows that he's having to change his strategy now as it's no longer working after housing prices rose but rents didn't.

I'm giving it three stars because the information is valuable but much of it is no longer relevant until we see a market shift.

- sabrina_king

Waste of time. Compared to The Book on Rental Property Investing from BiggerPockets... Which I also bought because I wanted to get as much info as I could... The problem with Mark's book is that is more like a compilation of blog articles. It lacks structure, number crushing, explanations... It's very opinionated... Instead of explaining how to do the math to objectively compare different investment options, he provides a poor example based on his experience and that's it. The math is deferred to online calculators on his blog. There's not a good summary of each chapter or a way to quickly get an idea for example of repair costs... In that repair section in particular, he spends like one or 2 paragraphs talking about his experiences instead of just providing a table for all the numbers that the reader should be aware of...

Also, it's very unrealistic in the sense that he has a lot of tricks that regular mortals won't have which makes rental investing like an unachievable goal... For example, having a realtor license, an extremely good team, finding deals way below the market, etc. Probably good for someone willing to spend most of it's time on this business but not really appealing if you don't want to leave your job...

- moses_howard

A good book on real estate investment. It goes deep into details and numbers on how rent, repair, and down payments and other things could work (or not work for you.)
I liked the chapter on cash on cash return.

But, do these techniques work anymore? I think not. He made his money during the market crash when everything was cheap. I dare him to do the same thing now. NO WAY JOSE!

The only (EXTREMELY) annoying thing about this book (or any other book by Mark) is his obsession with his Lamborgini. EVERY SINGLE PAGE he talks about his lamborgini. Mark, this is a real estate book. I DON'T want to hear about your car every 10 seconds. Please write a book about your car and how you fix it and stuff and stop bringing up those issues in your real estate books. I know because my friends and I have read your books and almost all of us were annoyed that in every single book you keep talking about that car. GOOD GOD!

Overall, it's a good book. But beware of the Lamborgini nonsense!

- bethany_smith

After searching the internet and reading forums and articles on smart investment strategies, I arrived at the investfourmore.com website that linked to hundreds of free articles written by Mark. This sparked my interest in creative real estate investment strategies and lead me watching podcasts, webinars, attending seminars, reading biggerpockets.com forums, etc. After becoming well-versed in all the information available to consumers on REI, I must say Mark's information has proved the most valuable, and this book is no exception. I particularly enjoyed the section on how to get great deals on the MLS. Simple tricks such as keywords to look out for in the "MLS comments" is something I never even thought about and made the book worth the purchase price. Thanks for simplifying REI, and I with all the info you have provided, I hope to purchase my first rental before August to start my road to "Making One Million Dollars Investing in Rental Properties!"

- evie_carter

I am a real-estate agent that specializes in investment properties and an investor myself. I very rarely write reviews unless a book has provided me valuable information! This is one of those books. Overall, written in a very conversational tone and packed full of great information. Worth the $10 dollars. I'd consider myself somewhat of an "intermediate" investor, but I still think a beginner would find it useful.

- kyng_collins

I started off reading a few of Mark's blog post on investfourmore.com and I really liked the content he was putting out. I liked how his content had real value and specific details pertaining to real estate. From there I knew I had to buy his book "Build A Rental Property Empire" in order to really understand how to build wealth in real estate. This book exceeded my expectations! Mark covers all topics in regards to building a rental empire. He explains why he believes rentals are the best investments, keys to successful investing, how to analyze and run REAL numbers of owning a rental, the different types of rentals you can buy, clever ways to finance or invest with little money down, and much much more. I love how this book is put together in a cohesive manner and straight to the point, you won't have to dig through a bunch of fluff... it's all really good material. This book is a must read for anyone interested in building true wealth through rental properties.

- kareem_smith

Some decent info for real, predominantly for American market. However, it is somewhat hard to read because the author repeats himself often - it looks like it was not edited. And whenever I pick up a book where the author hasn't heard of the "justified" text alignment it looks unprofessional. To give Mark credit, in the book closing he says that his main goal was to give great info in his book, not to be grammatically correct and pay too much attention to grammar and the way he says things.

- hadley_gonzales

Buon libro per il mercato americano, pochi spunti per la RE italiana/europea, ma interessanti...cercare altro se si vuole avere piu info sull'argomento, ottimo se si vuole avere una lettura sull'argomento affinando allo stesso tempo l'inglese

- dominick_cook

Not done reading yet, but very good book so var. A lot of good information for someone new into real estate investment.

- prince_hall

A very well written book!

- drew_turner

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