Ethical Wholesaling and Investment Strategies

Tommy Harr joins us in this episode to chat about his extraordinary path through the real estate industry. Gain insight into the significance of conducting business ethically in wholesaling, leveraging FHA loans for initial investments, and the profound lessons learned from his first flipping venture that led to a substantial financial loss. This episode is a treasure trove of valuable tips for anyone aspiring to carve out a successful niche in the real estate landscape.

Key takeaways to listen for
• Ways to leverage an FHA loan and house hacking to kickstart your real estate investments
• Insights into building a successful and ethical wholesaling business
• Challenges and lessons learned from taking on a large-scale flip as a first project
• Practical tips on property management for real estate investors
• The value of gaining experience and mentorship in real estate investing

Resources mentioned in this episode
• BiggerPockets Real Estate Podcast | https://podcasts.apple.com/us/podcast/biggerpockets-real-estate-podcast/id594419649
• Federal Housing Administration (FHA) Loan | https://www.investopedia.com/terms/f/fhaloan.asp

About Tommy Harr
Tommy transformed from a home inspector to a financially free millionaire real estate investor by 27. Starting with nothing, he mastered real estate investment through fix and flips, wholesaling, and the BRRRR Method. With seven years in the industry, he initially boosted his father's home inspection business, inspecting over 5000 houses, and leveraged this experience to renovate over 150 properties and amass a 70-unit rental portfolio valued at $15 million, alongside managing 25 short-term rentals. He has also completed over 200 wholesaling deals. Featured twice in Business Insider in 2022, Tom has coached over 300 students nationwide and enabled his mother to retire in 2022 to oversee his Airbnb operations, sales, and renovations.

Connect with Tommy
• Website: Real Side Real Estate Community | https://realsidecommunity.com/
• Instagram: @tommyharr05 | https://instagram.com/tommyharr05?igshid=MWZjMTM2ODFkZg==
• YouTube: Tommy Harr | @TomHarr

Connect with Leigh
Please subscribe to this podcast on iTunes or the Podcasts App on your phone, and never miss a beat from Leigh by visiting https://leighbrown.com. DM Leigh Brown on Instagram @LeighThomasBrown | https://www.instagram.com/leighthomasbrown/

Subscribe to Leigh's other podcast Real Estate From The Rooftops | https://podcasts.apple.com/us/podcast/real-estate-from-the-rooftops/id1537988927

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