Mark Langdon, Managing Member. Mr. Langdon, hailing from Whippany, NJ, has invested in residential real estate since 1991. Mark continues to hold a full-time position as a Senior Director in the Project Delivery Group/Chemical Engineer, overseeing the execution of engineering, procurement, and construction projects in the pharmaceutical, chemical, and food industries. He is also a licensed Professional Engineer.
He operates a separate (Fix & Flip) real estate investment firm: Langdon Properties LLC, which is focused on acquiring distressed properties, their renovation, and subsequent resale.
Mark serves as a General Partner (GP) and Key Principal (KP), managing multi-family apartment properties in the Southeast and Midwest regions. Additionally, Mark is a loan sponsor who employs agency debt loans (Freddie Mac/Fannie Mae) for his multi-family/rental portfolio, which has reached a peak of 742 units over the last four years.
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Hosted by Eric Lindsey
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In this episode, you will learn about:
[01:52] An introduction to Mark Langdon and his entry into real estate
[05:07] The distinction between Joint Ventures and Syndications and your available choices
[07:41] The potential for excellent returns when leveraging other people’s funds
[08:32] A breakdown of one of Mark’s real estate syndication deals
[16:09] How Mark has effectively managed a portfolio of 742 units alongside a successful W-2 job
[19:16] Mark’s plans regarding leaving his W-2 job
[22:59] Mark’s perspective on the rising market rates and his investment insights
[27:15] Key things Mark wishes he had known before venturing into real estate
[28:16] The average time Mark dedicates each week to sourcing and evaluating syndication deals
[30:32] Strategies Mark employs to balance his personal, professional, and real estate commitments for optimal success
[31:46] Insight into initiating a successful business similar to Mark’s with limited time availability
[33:23] Valuable tips for aspiring successful syndicators
[34:57] Guidance on locating suitable limited partners for real estate endeavors
[36:50] Recommended moonlighting books by Mark
[39:15] How can you connect with and reach out to Mark
Resources Mentioned:
Connect with Mark Langdon:
Website: https://www.langdonproperties.net/
Facebook: https://web.facebook.com/langdonproperties/
Email: mark@langdonproperties.net
Mobile: 973-464-3839