Ask Tom Stay | How a Easy Card Made Me $30,000 | I Purchase Homes

Hey there, it is Tom from Flip Something USA. In the present day, I need to share a narrative with you about how a easy card made me $30,000. It was again in 1983, and I did not have a lot cash on the time. I used to be counting on a accomplice to assist me flip homes and make some money. I all the time say it is higher to purchase than to promote, however typically I do wholesale as a backup plan.

So, let me inform you about this little white card I made. It had three easy strains on it: “I purchase homes below 50,000, Tom McCay, and my cellphone quantity.” It wasn’t something fancy, simply straight to the purpose. I’d hand these playing cards out to actual property brokers, and let me inform you, the reactions I received have been fascinating.

Some individuals would say, “Oh, I do this too,” or “Who does not?” However once I responded by saying, “When you have a property that you do not have the cash for, name me,” it truly labored. I ended up touchdown a deal that made me $30,000. It simply goes to point out that simplicity and directness can go a great distance in the actual property enterprise.

Now, I do know it is 2021, and issues have modified quite a bit because the ’80s, however the precept nonetheless holds true. Conserving issues easy and getting straight to the purpose could make an enormous distinction in your actual property endeavors.

In case you’re new to actual property investing, I extremely suggest getting a replica of my guide, “Wake Up and Scent the Actual Property.” It has been a bestseller on Amazon, Audible, and Kindle, and it is helped lots of people discover success in the actual property market.

I have been in the actual property sport for years, and I’ve made tens of thousands and thousands of {dollars} over my lifetime. If you wish to discover ways to do the identical, I’ve a free webinar each Thursday at 7:00 p.m. central time. You’ll be able to join on my web site and even speak to me head to head in order for you.

So, bear in mind, simplicity is vital. Whether or not it is making a easy card or approaching an actual property deal, getting straight to the purpose could make all of the distinction. Thanks for tuning in, and I am going to catch you subsequent time with extra actual property ideas and tales.