YOU MIGHT BE ONE HOUSE FLIP AWAY FROM TURNING IT AROUND

Tips on how to flip houses by Tom Nardone

Why you might be one house flip from turning it around: A lot of people don't realize that in this house flipping game you're just one flip away from putting 10 grand in your bank account
If there's a vacant rundown house somewhere, the ones I would see on my mail route, those are a very good lead for somebody who's trying to buy a house below the market
If I had to start all over again, I'd probably start out buying and selling, and taking care of today's cash flow needs first, build up a pile of money and then start buying and holding and thinking about the long-term residual income that it can bring.
I still use direct mail
We've wholesaled some houses. And by wholesaling I mean, you're not going to be rehabbing it. You're just going to get that property under contract and assign the property to another investor who will do all that work, That's how I teach a lot of my students to start out today.
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YOU MIGHT BE ONE HOUSE FLIP AWAY FROM TURNING IT AROUND

A lot of people don't realize that in this house flipping game you're just one flip away from putting 10 grand in your bank account

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Doug: Well, welcome back listeners, another episode of Real Marketing, Real Fast. Today, I think you're going to want to stay tuned. You want to listen in, and you're going to want to have a notepad. We're going to take a different approach. I've got, joining in the studio, a gentleman I met in San Diego at the New Media Summit, Steve Olsher's event, and his name is Tom Nardone. Now, Tom is known as the millionaire mailman. And Tom started working at the Post Office back as a mailman in the 80s, and it didn't take him very long to realize that the security of a good job or the entrapment of a good job really was no different than a 30 or 40-year jail sentence. So, if you feel trapped then your income is limited.

So as Tom started buying houses on his mail routes, and after 25 years of buying, holding, buying, selling houses Tom has bought and sold over 250 properties. He's also co-authored the book, The Secrets of the Real Estate Millionaires, and has created and written course for several real estate information products. Tom has twice been featured on television with two appearances on the Good Morning America, and Charlie Gibson, and Joan London, as well as the CNBC's Power Lunch with Bill Griffith. With radio appearance on the Cash Flow show, and the real estate related podcasts.

So, I am super excited today to talk about taking a different direction, looking at your marketing, and maybe looking at exiting your career and doing something to get you out of that 30 or 40-year trap. So, welcome to the Real Marketing, Real Podcast today.

Tom Nardone: Thanks for having me on the show, Doug. It's a pleasure to be here.

Doug: Well, I am super excited that we connected because I remember when we first met in San Diego you had such a great personality and such a great presence. And as we talked about, before we started recording, a shtick that really got people's attention, and they were just drawn to know who is this guy and what's he doing.

Tom Nardone: Well, thanks. Yeah, I tried to do as much as I could at that event that would serve as a memory point for people to just never forget who I was.

Doug: So, before we pick your brain and figure out all your top marketing secrets and why you've been so successful at what you're doing, why don't you share just a little bit of your backstory? I mean, this is an unconventional story in that you've taken t...