Podcast #107 - Fundamentals - The MFH Broker who takes flowers to 80-year-old ladies and the brokers point of view from Mark Allen

YouTube Link: https://youtu.be/25UY_v17bt4

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Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! Here are the Show Notes:

Mark Allen is a broker

Started in 2009 and went to Westpoint Academy

Got a $35k loan to get started in FL

Started with subject to or assuming the loan method of acquisition

2015-2016 sold initial properties and started flipping properties while working the day job

lead to MFH

Saved the money from flips and day job to go into MFH

You can find Mark at SVN and check out his podcast

ROI on time is more for Commercial than residential

Provide value by driving properties, pictures, transaction beat

Yadi matrix, co-star offer owner data

Face to face is better than email or phone

Bring 80-year-old sellers flowers

once or every two months a touch point with some value

As an investor go right to the broker and all of them

CCIM is a higher level designation (but that's your job as an investor to know what a deal is)

Loopnet/correct C is a good way to find active brokers who are perhaps hungry

SVN, Marcus, Colliers, JLL, CBRE are popular brokers

Call brokers and introduce yourself

Share pitch deck with broker and share team so you show that you are credible

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