EP 43 | How to be bankable in the current market with Tom Berry
Manage episode 337402281 series 2999316
In this episode of the Real Estate Power Play Podcast, hosted by Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte.Tom Berry CEO Investor Loan Source also known as “Tom Father of real Estate” talks about the financial side of real estate, on how to be bankable in this current market, how to do it at a higher level, where you are looking at getting into commercial and more. Pulling out some stories from Tom on how he was able to do it and how he’s seen others do it from his experience.
In addition, the Real Estate Power Play Podcast, presented by Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte. Tom then shares the three parts on how to be bankable in general. Starting with having a good credit score. He told us his backstory, how he started below zero and the struggles that he experienced throughout his journey. Tom added that it is important that you also have a verifiable income and net worth, more particularly in that net worth they want to see liquidity.
In this episode of the Real Estate Power Play Podcast, hosted by Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte. One thing Tom wanted to let us know that we often hear people say that you don’t need money to buy real estate. That’s a lie. The truth is you don’t need your money to buy real estate. He also tells us how covid froze hard money lenders nationwide. It was so bad that it crashed their server because of the deal flow. Tom added that if you want to build wealth, you do that in a down market. You want to make money; you do that in a rising market. Gabe Also shares his insights or his point of view with the said topic. Furthermore they also discussed the importance of networking and talking to people. In conclusion Tom advised us to study what you think you’re going to be targeting.
On this episode of the Real Estate Power Play Podcast with Mark Monroe, Ronald Walker, Marty Grizzanti and Gabe Rodarte talked about:
● Top Things On How To Be Bankable in General
● You Don’t Need Your Money To Buy Real Estate
● Importance of Networking and Talking To People
Connect with Real Estate Power Play Podcast Hosts:
Facebook: https://bit.ly/3mMZcAi
Mark Monroe: https://linktr.ee/markmonroe
Ronald Walker: https://linktr.ee/Ronniewalker
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