The Smart Real Estate Coach Podcast|Real Estate Investing Episode 157: From “Broke as a Joke” to Thriving Investor and Mentor, with Tom Zeeb
Apr 15, 2020
15:05
In 2001, Tom Zeeb was “broke as a joke”. A near-death experience while rafting pushed him to find a new way to break free of his 9-to-5 job. In his own words, real estate investing saved him both personally and financially. Hundreds of deals later, he is happy to share the same techniques that set him free, so you can do the same.
What you’ll learn about in this episode:
- How Tom’s post-college career was very different than he had expected, and how a rafting accident on a trip to India changed his life and motivation forever
- How reading Robert T. Kiyosaki’s Rich Dad Poor Dad helped inspire Tom to get into rental properties in an effort to get out from under $113,000 in crushing debt
- How Tom’s first deal was a six-unit building that was only creating $800 in positive cash flow, and how he got involved in real estate investor associations and wholesaling
- How Tom turned his focus to marketing for real estate deals and negotiating “lukewarm leads into red-hot deals”
- Tom shares why his biggest win was when he paid off the entirety of his $113,000 in debt, and he discusses how real estate was the vehicle to get him there
- How extreme austerity measures and a focus on doing more and more deals helped Tom clear his debt in record time
- What first steps Tom believes new investors should make, and why marketing correctly is vital for success
- Tom explains the simple steps he uses to complete a wholesaling deal and explains why you aren’t actually buying a property
Resources:
- Website: www.TomZeeb.com
- How to Correctly Flip Houses for a Profit by Tom Zeeb: https://amzn.to/3bSiJHh
- Website: https://tractionrealestatementors.com/
- Website: https://tractionreia.com/
- LinkedIn: www.linkedin.com/in/thomaszeeb/
Additional resources: