POPULARITY
In this episode of Your FIRST $100K Show, Joseph Warren is joined by Tom Nardone Millionaire Mailman, Entrepreneur, and Author ...to discuss how he went from making $0 to $200K/yr and $$$ millions in assets. Links www.MillionaireMailman.com ★ Subscribe First100K.com BLOW UP ROCKS™ ELITE COACHING FOR AMBITIOUS MEN I Help Christian Husbands Go From Angry & Stressed to PEACE & PURPOSE in 90 Days or Less Without Therapy or Marriage Counseling! - BlowUpRocks.com Music: Purple-Planet.com
Last week, we brought you part 1 of how a friend of Dave's helped him pay off his debt. Now, we bring you part 2, with even more insights and lessons learned from Dave Naylor and Sean Johnson. During part 2, they discuss building net worth and the many ways Dave continued to keep a budget even after he had all of his debt paid off. Shownotes 0:22- Recap/intro to part 2 2:23- the save and buy mentality 5:42- Using cash is key! 7:36-How to build your net worth after saving/paying off debt 13:39- Gaining power over time 20:00- How to invest the right way 33:40- What to do if/when the market crashes 38:52- How to know when you're ready to make big investments 41:36- Where to put the money you save 44:56- Know what you're investing for 48:24- The importance of life insurance 50:47- How to know what the right type of life insurance is 55:11- Final thoughts
Saving money is something that mostly everyone has struggled with at some point in their lives. There are certain times where it seems nearly impossible to get out of debt. For this episode of The Motivational Intelligence Podcast, Dave Naylor and Sean Johnson discuss a time in Dave's life where he was able to pay off all of his credit card debt- with the help of a man named Jerry who was a million dollar mailman (yes, you read that right!). Shownotes 1:00- Intro 3:40- Dave's money struggle 10:00- What determines financial success? 18:30- Coming up with a budget 20:47- Sticking to the budget 31:11- Working off the credit card debt 35:25- How to continue to save money 38:31- What Dave was working on 39:48- What happened after getting rid of the debt 46:15- How to stick to a budget even when more money is involved 50:32 Concluding thoughts
I had the honor of having the one and only Millionaire Mailman on the show today, Tom Nardone. I met Tom early last year on an investor cruise and had the pleasure of doing a swamp tour on his fan boat whilst we all prepared to depart on a week long cruise to soak up rays and knowledge. Tom has been in the real estate world since the mid 80's and started out the gate buying rentals from owners on his mail route! Listen in as we discuss his progression over the years, what he's learned through multiple market cycles, opportunity zones, rentals, notes, paper assets, subject 2 and so much more. Find Tom at www.MillionaireMailMan.com Text the word “mailman” to 31996 to get his free e-book
Tom Nardone is known as "The Millionaire Mailman" and there is an absolutely incredible story behind that! Going from being a mailman to a millionaire through real estate, Tom has one of the most interesting success stories that you'll ever hear.
Tom has been investing in Real Estate since the 80's and is a wealth of knowledge and experience. His early mentors are legends of the business and I believe Tom is quite simply a Legend in the Making.
Dave Lukas, The Misfit Entrepreneur_Breakthrough Entrepreneurship
This week’s Misfit Entrepreneur is Tom Nardone. Tom is known as the Millionaire Mailman. He is a great example of ingenuity and the American Dream. He is the co-author of the best-seller, Secrets of Real Estate Millionaires and has been featured on Good Morning America, CNBC, and others. At age 19, Tom started working for the post office, but according to him, it didn’t take him long to realize that the security entrapment of a “good job” is NOT a lot different from a 30-year jail sentence. So in 1993, he took some real estate investing courses and bought his first property. But, he realized that he had a huge advantage where others didn’t. Every day, he would see properties along his mail route. In fact, being a mailman, gave him even more huge advantages which I won’t spoil and let him tell you about. Because of the system he developed, Tom was able to retire at 35. Nowadays, he has purchased over 250 properties and works with and mentors others on their path to real estate investing success. The lessons he will share with you will not only help you if you invest in real estate but also in your business as well. www.MillionaireMailman.com Get Tom's Free Ebook on How to Make $10,000 in Your First 90 Days in Real Estate: Text Mailman to 31996 Tom started working as a mail carrier in 1979. After 5 years, he and his wife wanted to find a way for her to be a full-time mom. And one mailman’s paycheck wasn’t going to make it work. So, Tom went to a few real estate seminars where he met a couple mentors that were real and doing the business. They helped him to realize that he was in the neighborhoods everyday where he got to look at houses and start a real estate business doing what he was doing every day. He got started by buying run-down, foreclosed houses on his mail route. He slowly fixed them up and rented them out and after 10 years, he woke up and realized that he had enough cash flow that he could go full time. At the 6:30 mark, Tom reveals more about how found and got his homes… He would see the notices of potential foreclosure in the mail where he had to deliver a certified letter. The home owner would mention needing to get rid of the house and Tom would offer to help. He would come back after work in his civilian clothes and work out a deal with the seller. Tom stressed that timing and being prepared to act are big keys to success. What is different between the crisis in the 80’s and what we saw in 2008/09 with real estate and what are you seeing in the market now? 2008/09 allowed many to reinvest in the market at a very low price which hadn’t been available in a few decades. There are signs to watch for to see if there will be a slowdown in real estate or a future buying opportunity. Look for new housing starts to slow Look for defaults on credit cards to pick up Look for defaults on car payments After these happen, then you see foreclosure filings go up. At this point, Tom is seeing houses not move as fast and prices begin to flatten out. There has been an uptick in foreclosures. The next crash is not here yet, but things look to be slowing or at least in a softer patch Tell us about your system. How do you find properties and make them profitable? You want to buy houses for way below market value – find $1.00 for $.50. Tom uses postcards/mailers to find interested parties that need to get out of properties Mailers still work very well. You can get much more “intelligent” mailing lists You can get lists of absentee owners, 2nd homeowners, age, price range, how long people have owned properties, and also the equity spread, etc. Your profit as an investor is directly related to the equity already in a property. For example, if you find a property worth $100k and the owner only owes $50k on it, but wants to get out…you can negotiate to get the property below market value. Where can an investor get a list like you mentioned? Listability.com Listsource.com Where you need to be careful is that it can be expensive to test because of mailer costs. You have to give it a shot and when you find a good response rate with a list, stay with the company you got it from because the data is good. What is the criteria you look for in a deal? Look for problems, not properties. There needs to be uncomfortable circumstances with the seller and they have to be ok with selling at a discount. They just want to get out. There will be work that needs to be done – so you have to have a good idea of what those costs will be. If you can do a cash offer, you have a better chance. Only a small amount of offers you put will have interest and you will close a few over time – so staying consistent is important. At the 26 min mark, Tom talks about wholesaling and how you can make money that way. When flipping a property, you don’t want to have more than the 40% mark in the home compared to similar homes in the market. This means if houses are $200k average, you don’t want to have more than $120k in it after purchase and repairs. How does someone purchase a property if they don’t have the ability to do an all cash offer? Throughout the country there are real estate clubs and meetups. Go to the meetings in your area and start to make connections and learn These connections will have money and or be able to help you. Meeting others in the space can help you as well in evaluating deals to make sure you are not doing a bad deal. There is even the ability to use 401k or IRA money. There is a lot of money from non-traditional places looking for a home. It’s called “lazy money.” Talk to us about renting… That is the endgame. You want to have a rental portfolio in which the tenants pay down and eventually become free and clear. This will give you great cashflow and tax benefits over time. This cashflow is better than most retirement plans. But, you must be willing to play the long game to get there. Thoughts on AirBNB? You can do really well with them. It is more hands on as you need to run a tight ship with them. You also need to get good reviews from your guest Any other tips and tricks? Don’t become emotionally involved in a property. If you are buying a distressed property, it has problems, so the numbers have to make sense. Treat it like a business. Be careful about borrowing money personally – make the asset the sole collateral. What have you learned from real estate investing that translates well to running a business? You cannot and should not do everything yourself Put together your team of all stars in the areas where they are needed to help you. Stick with your unique ability Best Quote: "Look for PROBLEMS, not properties..." Tom's Misfit 3: Don’t settle for mediocrity. Do something bigger and braver. If it doesn’t feel right, don’t do it. Where the mind goes, the man follows. Feed your mind with good things.
The key to becoming a successful entrepreneur is all about mindset. Surrounding yourself with people who are where you want to be will program the way you think and support you in developing the ethos of an entrepreneur. So, where do you go to find the right mentors and Meetup groups? Tom Nardone is the Millionaire Mailman, mail carrier turned real estate investor who started buying homes on his route back in the 1980’s. After 25 years in the business, he has purchased 250-plus properties and created courses for several real estate information products. Tom is also the co-author of Secrets of the Real Estate Millionaires, and he has appeared on Good Morning America and CNBC’s Power Lunch. Today, Tom sits down with Emerald to share his evolution to become the Millionaire Mailman, explaining how he leveraged his work delivering mail to find real estate deals. He discusses how he developed the mindset of an entrepreneur, the unique way he financed his first property, and how he utilized mentors early in his investing career. Tom also shares the three best ways to approach the real estate business and his mission to give back by coaching aspiring investors to their first check. Listen in for Tom’s insight on surrounding yourself with the right people and developing the thought patterns necessary to be a successful real estate entrepreneur. What You Will Learn The moment Tom realized he was trapped in a government job How Tom leveraged his work delivering mail to find properties How Tom developed the mindset of an entrepreneur The unique way Tom financed his first real estate deal Tom’s top three approaches to the real estate business Wholesale Fix and flip Buy and hold The difference between true mentorship and info marketing How Tom utilized mentors early in his real estate career How Tom has supported 600 students in the last five years The value in learning to sell yourself through presentations Tom’s three- to six-month coaching process How Tom celebrates wins with tax-deductible vacations Tom’s advice on surrounding yourself with the right people Connect with Tom Nardone Millionaire Mailman Resources Secrets of Real Estate Millionaires by Tom Nardone, John Assaraf and Dustin Mathews New Media Summit Zig Ziglar Meetup Connect with Emerald GreenForest Creative Age Consulting Group Emerald’s Website Emerald on LinkedIn Emerald on Twitter Email: listeners@menonpurposepodcast.com This episode is sponsored by the Creative Age Consulting Group. Men - Is it time NOW for you to make your mark? Visit timetomakeyourmark.com to apply for an invitation-only consultation. Email listeners@menonpurposepodcast.com
Ep #80 - Matt Brauning sits down for a special interview with Tom Nardone, the "Millionaire Mailman" who successfully transitioned from working as a 19 year old Post Office mailman to a real estate millionaire. Tom has now bought over 250 properties, and he truly lives the American dream. He has been featured on Good Morning America, CNBC's Power Lunch, and The Cash Flow Show. Tom now spends his time working with and mentoring students who have rental properties and helping them with the challenges that tenants can give property owners. He works with both new students and experienced students in negotiating with sellers whether face-to-face or over the phone. He is the co-author of the book, "Secrets of the Real Estate Millionaires," and he has created and written manuals for several real estate info products. If you would like to get his ebook, "How to Make $10,000 Wholesaling and Flipping Houses in 90 Days or Less," follow the instructions in bold below. Text the word "mailman" to 31996 to get your FREE BOOK You will receive Tom Nardone's "How to Make $10,000 Wholesaling and Flipping Houses in 90 Days or Less" when you text "mailman" to the phone number 31996. This is an incredible interview and you are going to learn a ton from Tom Nardone whether you are in real estate or not. Enjoy! Connect with Tom Nardone on social media: Facebook: https://www.facebook.com/TomRNardone Twitter: https://twitter.com/gethugechecks LinkedIn: https://www.linkedin.com/in/tomnardone/ As always, please remember to rate, review, and subscribe to the show if you have not already done so. We love to hear from you. Please share your feedback, guest suggestions, or ideas for show topics on social media. Facebook: @mattbrauning Instagram: @mattbrauning Twitter: @mattbrauning www.mattbrauningpodcast.com www.fireboxbook.com Get Your Copy of Matt's new book on Amazon: https://www.amazon.com/Firebox-Principle-Drives-Every-Entrepreneur-ebook/dp/B07FDKK9QW
Do you believe it's possible to break free from the grind of a Job or business, regardless if you're a Blue Collar worker or a Doctor? It IS and the Millionaire Mailman PROVES it in this episode. Real Estate can give you “Income For Life” and a Lifestyle with cash flow when you get to your “Freedom Number”. Your Freedom Number is the number you need to meet your expenses and support your lifestyle so you can break free from an occupation that binds you.Tom started working for the Post Office as a mailman back in the 80's. It didn't take him long to realize that the security entrapment of a "good job" is not a lot different from a 30 year jail sentence. “You feel trapped, and your income is limited.” Tom started buying houses on his mail routes and After 25 years of buying and holding and buying and selling, Tom has bought and sold over 250 properties.Tom co-authored the book Secrets of the Real Estate Millionaires and has created and written courses 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 and Real Estate related Podcasts.Find out more at www.MillionaireMailman.com Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.
Tom Nardone is THE Millionaire Mailman. He co-authored the book Secrets of the Real Estate Millionaires and has created and written courses 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 and Real Estate related podcasts. We discuss: Where all dreams come to die [2:51] The skills of a mailman that would help him launch into the real estate business [5:04] The handwriting that will get you a much higher open rate than any e-mail you send [6:59] Smart ways to filter and target your marketing [9:31] How someone who is making his first steps in the real estate investing can get to a monthly recurring income [12:33] How to work on a non-local market [16:07] Why now is a good time to start buying properties [17:40] How the pressure of online business can push you to change coats overnight [19:13] The core difference between education and instruction that will most probably lead you to your first deal [22:20] Tom started working for the Post Office as a mailman back in the 80’s. It didn’t take him long to realize that the security entrapment of a “good job” is not a lot different from a 30-year jail sentence. “You feel trapped, and your income is limited.” Tom started buying houses on his mail routes and after 25 years of buying and holding and buying and selling, Tom has bought and sold over 250 properties. What’s in it for your Listeners? If your Listeners would like to break free from the grind of a Job or business, regardless if they are a blue-collar worker or a doctor, real estate can give you “Income for Life” and a lifestyle with cash flow when you get to your “Freedom Number”. Your Freedom Number is the number you need to meet your expenses and support your lifestyle so you can break free from an occupation that binds you. Learn more about Tom at Facebook (https://www.facebook.com/TomNardoneSpeaks/) . (http://www.stitcher.com/podcast/smashing-the-plateau) Facebook Twitter LinkedIn 0Shares
About Tom Nardone: Tom Nardone has bought and sold more than 250 houses and, in the last 5 years, has taught over 600 people his simple secrets to attaining financial freedom. Tom started working for the Post Office as a mailman back in the 80’s and it didn’t take him long to realize that the security entrapment of a "good job" is not a lot different from a 30 year jail sentence. “You feel trapped, and your income is limited.” Tom started buying houses on his mail routes and After 25 years of buying and holding and buying and selling, Tom has bought and sold over 250 properties. He has co-authored the book Secrets of the Real Estate Millionaires and has created and written courses for several real estate information products and 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 as well as radio appearances on The Cash Flow Show and Real Estate related Podcasts. If you would like to break free from the grind of a Job or business, regardless if they are a Blue Collar worker or a Doctor, Real Estate can give you “Income For Life” and a Lifestyle with cash flow when you get to your “Freedom Number:” the monthly income you need to meet your expenses and support your lifestyle so you can break free from an occupation that binds you. In this episode Virginia and Tom discuss: How leveraging your current lifestyle may ultimately be your key to freedom! Opportunity is all around you if you keep your eyes open! How to capitalize on a crisis and become a solution “super-hero” who designs win-win scenarios for others so you can win for yourself! Three ways to use real estate investment to create cashflow and wealth Key Takeaways: Set a long-term goal and commit to meeting smaller milestones along the way. We tend to overestimate what we can accomplish in a year and UNDERestimate what we can do in 10 with a little consistency! Don’t be a seminar junkie. Implement what you learn, then REWARD yourself with another opportunity to learn. Sometimes the most powerful thing you can do is walk away from the deal when the win/win just isn’t there. Profit is the entrepreneur’s paycheck! How to reach Tom: www.millionairemailman.com TEXT the word mailman to 31996 to receive Tom’s FREE ebook on how to do your first deal in 90 days!
“You gotta quit that stupid job.” Former mailman turned real estate investor, Tom Nardone used a secret weapon to his advantage: As a mailman, he could tell which properties were receiving certified foreclosure letters before anyone else knew the property was available. Listen in as Tom and Kim discuss how Tom went from “mailman” to “millionaire mailman” in just under 10 years. Get the show notes, transcription and resources mentioned at https://thekimsutton.com/pp404 Highlights: 12:17 Look for problems, not properties 13:27 My simple goal: to buy 3 houses a year 13:53 You gotta quit that stupid job - how Tom decided to leave his job as a mailman 28:35 Self-care: make sure you’re running the business and you’re not actually doing the business
Our guest began as a mailman, but his wife wasn't going to accept a mailman income. He has purchased over 250 properties and offers mentoring in all things real estate. Hear how he creatively netted over $200,000 through a quiet title. Best Ever Tweet: Don't be a slave to the lender. Tom Nardone Real Estate Background: - Owner of The Millionaire Mailman investor and mentor - Featured on Good Morning America, CNBC - Co-authored Secrets of the Real Estate Millionaire - Purchased over 250 properties - Say hi at http://www.tomnardonemillionairemailman.com/tom-nardone/ Listen to all episodes and get a FREE crash course on real estate investing at: Made Possible Because of Our Best Ever Sponsors: You find the deals. We’ll fund them. Yes, it’s that simple. Fund That Flip is an online lender that provides fast and affordable capital to real estate investors. We make funding your projects easy so you can focus on what you do best…rehabilitating homes. Learn more at . Subscribe to Joe’s YouTube Channel here to learn multifamily and raising money tips: Subscribe in and so you don’t miss an episode!
Tom Nardone is the Real Estate Millionaire Mailman Every one of us has a choice on what we want to be when we grow up and sometimes as we get older we can still make a new decision. Our Featured Guest today is Tom Nardone. Tom is another great example of Finding Freedom through real […]
[coolcastplayer id="76"] 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. Walking around on mail runs gave him the advantage of finding prime real estate opportunities very quickly. The post 060: The Millionaire Mailman – Tom Nardone appeared first on The Positivity Effect.
Tom Nardone proves the American Dream of financial freedom is entirely possible once we open our eyes and recognize opportunities are literally everywhere. That’s how he became known as the Millionaire Mailman by getting involved in real estate investing. Tom wasn’t always the investor and author he is today who has been seen on TV talking about his life. He started simply as a “postal person” working a government job. 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. Tom explains it simply and truthfully. He says, “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. He bought his first house in 1983… at the age of 23. (So when you say you’re too young to be an investor, you’re wrong.)Tom soon realized he had a major unfair advantage over other investors. That’s because he was delivering the mailed default notices and related mail that every homeowner who falls behind in payments always receives. That means Tom could knock on the doors of these individuals and chat with them. He would quite literally get there first and before other real estate investors. He’d have to jump into his civilian clothes to go back and have a deeper conversation with the homeowners, but he got really, really good at it. Every day Tom (like all other mailpersons do) drove and walked neighborhoods to deliver mail. 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. Smart move! This went on till Tom was 35, at which point he decided he didn’t need to be a mailman any longer because he had at least 35 rental properties. Tom explains the foreclosure process from the viewpoint of a mailman. He says that 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”! The name stuck. Listen as Tom shares his story of how he built a portfolio of 25 “keeper” rental houses with positive cashflow and retired from his job. Tom says, “When I finally quit my job, my fellow workers were coming back to me begging me to teach them how I did it.”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, he started an approach of building a mailman bird dog network. Another smart move!Tom now has more than 250 properties and truly lives the American dream in Florida. (But that doesn’t mean he only invests in Florida. Not by a long shot!) Want to know how he did it? Want to become a real estate investor? Tom lays it out step by step in this episode of my Cash Flow Diary podcast. Learn more. LISTEN NOW.
This week on Strategic Real Estate Coach Radio, Kyle Garifo interviews the "Millionaire Mailman" Tom Nardone. Tom is is a prolific entrepreneur and has founded four companies that each have more than $1,000,000 in annual revenue and allowed him to retire at the age of 35. Kyle and Tom discuss how Tom started his career as a mailman and how that position helped him find leads on properties that were being foreclosed on.
In this awesome episode, Alex and I are talking with ‘Millionaire Mailman’ Tom Nardone. Tom was actually a real postal worker for more than 10 years – he really did start as a mailman, which was his first job, and that job actually led him directly into REI. Using all of his postal knowledge, he created a genius REI product that he uses with mailmen and mailwomen – to help him find deals. This guy knows everything there is to know about the postal industry and direct mail, and in today’s episode, we’re getting all the insider info from him, as well as an awesome freebie. Let’s get to it…
In this awesome episode, Alex and I are talking with ‘Millionaire Mailman’ Tom Nardone. Tom was actually a real postal worker for more than 10 years – he really did start as a mailman, which was his first job, and that job actually led him directly into REI. Using all of his postal knowledge, he […]