Tom Nardone is an example of pursuing the American Dream of financial freedom. At age 19, he started working for the Post Office as a mailman. It didn’t take him long to realize that the security entrapment of “good job” is not a lot different from a 30 year jail sentence. “You feel trapped, and your income is limited.” Realizing his “good government job” was not going to make his dreams of being financially free come true, Tom took some real estate investing courses and bought his first house in 1983 at just 23 years old. Shortly thereafter he recognized a valuable asset available to him that his real estate investor competition did not have.
What do mailmen do? They drive or walk around all day long and they look at houses!! Tom started buying houses on his mail routes and networking with other letter carriers to refer to him vacant houses that provide an excellent source of leads that no one else knows about!! When someone goes into foreclosure, before the Lis Pendens and the Complaint are filed, the only people who know that the house is headed for foreclosure are: #1) The borrower who can’t make the payment, #2) The lender who didn’t get the payment, and #3) The mailman who has to deliver the certified letter sent from the mortgage company to the borrower, and gets to walk up to the front door and stare the person on title right in the face!!
Tom said, “When I bought my first few houses, my fellow workers started calling me “Millionaire Mailman”! While still walking his mail route, Tom built a portfolio of 25 “keeper” rental houses with positive cash flow and retired from his job at the ripe old age of 35. Tom said, “When I finally quit my job, my fellow workers were coming back to me begging me to teach them how I did it. I had truly become the “Millionaire Mailman”! After Tom quit his J-O-B, he realized he no longer had the “inside scoop” on finding house deals from his old mailman job. So, Tom started an approach of building a mailman bird dog network. Tom says, “My secret to real estate investing is simply this: It all starts with buying the house at the right price. If you don’t do that up front, then nothing else is going to fall into place.”
After 25 years of buying and holding and buying and selling, Tom has bought over 250 properties, and truly lives the American dream.
Toms strengths are:
Working with and mentoring students who have rental properties and helping those students with the challenges that tenants can give a property owner.
As the millionaire real estate mentor Tom also loves working with new students as well as experienced students in negotiating face to face with sellers, and over the phone. Many new students simply don’t know what to say when talking with sellers. Tom is great with teaching you how to build rapport with sellers, and getting the seller to quickly like you on your first encounter with them over the phone.
Toms geographic area of expertise is in south Florida, working with homes from 20,000 to 400,000. Florida is a state with diverse priced homes in every range. He has made money in all the price ranges.
Tom Says about his Real Estate Investment Training: The student I’m best paired with is the blue collar guy who wants to make a major change in his life, because he feels trapped in his job, stuck in a rut, and can’t seem to make a change. Being a blue collar worker himself for 16 years at the Post Office, Tom can best relate to students feeling this way.
Tom co-authored the book Secrets of the Real Estate Millionaires and has created and written manuals for several real estate information products. Tom has been twice featured on television with two appearances on Good Morning America with Charles Gibson and Joan London and also CNBC’s Power Lunch with Bill Griffith, with radio appearances on The Cash Flow Show. Tom’s teaching style keeps the audience interested as well as entertained, and as Tom says, “Whether you’ve been investing in real estate for 20 days, or 20 years, you will hear ways of how to find good real estatedeals in his presentation, that you have never heard of before.” His knack for relating with and motivating people from all walks of life is remarkable.
Tom looks forward to continuing this trend by sharing his out-of-the-box thinking and real-life real estate investing experiences by mentoring and helping real estate Investors reach their dreams of financial freedom.
Tom Nardone, Millionaire Mailman
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