Wheelbarrow Profits Podcast: Multifamily Real Estate Investment

Welcome to the Movers and Shakers podcast. This weeks guest is Mark Langdon. Mr. Langdon from Whippany, NJ has been investing in residential real estate since 1991. Mark continues to work full time as a Project Manager/Chemical Engineer performing project execution of engineering, procurement, and construction projects in the pharmaceutical, chemical, and food industries and is licensed as a Professional Engineer. He has a separate (Fix & Flip) real estate investment firm: Langdon Properties LLC focused on buying distressed properties; renovating the properties and then reselling them.    Completed 12 Fix & Flips and Found out that Fix & Flips are the same as a W-2 Job.   Rentals Prior to October 2018 - (10) units total: (SFH & 1-4 units) self-managed over the last 27 years. Started last year October 2018 doing Multi-Families: - 21 unit in Greensboro, NC (JV with 1 partner) - 18 unit in Alabama (100% owned) - 32 unit in Hickory, NC (JV with 2 partners) - 48 unit in Louisville, KY (100% owned)