097 » How to Be a Global Virtual Investor » Tom Wade




Real Estate Investing Mastery Podcast show

Summary: In this special and cool episode, Alex and I are talking with an awesome British investor who does deals all over the world – Mr. Tom Wade. Tom’s very first deal was actually abroad for him in good ole Memphis, TN – and he did it all through emails – no phone calls. Then he quickly found a buyer on Facebook and flipped it. Since then, Tom has been slaying it all over the REI industry. He loves lease options – both virtually and in the U.K., and he tells us all about how he packages those deals. Tom also explains what he outsources and how he does his marketing. Look, this Brit is really an REI innovator and has come up with genius new ways to profit from REI. He’s begun coaching, mentoring and doing workshops all over Europe. He is the real deal. So, mind the gap and let’s get going… Listen and enjoy: https://www.youtube.com/watch?v=X5ICtnzQhYY&amp;feature=youtu.be What's inside: 6:24 – What Alex’s and Joe’s Fast Cash Survival Kit is 20:22 – Tom explains why and how he got into REI 27:35 – What Tom had to do to get paid for his virtual deal abroad 31:52 – Tom’s first U.K. Lease Option deal and he packages them 41:05 – The percentage of Tom’s deals that are lease option deals and the percentage that are wholesaling deals 43:35 - How much direct mail Tom sends and other ways he contacts sellers and buyers 48:15 – What Tom outsources 53:50 – Tom’s boots on the ground help 1:00:00 – How Tom is able to outsource 95% of his business and why he’s the one who talks to sellers instead of outsourcing that task Mentioned in this episode: Alex and Joe’s <a href="http://www.realestateinvestingmastery.com" target="_blank">Fast Cash Survival Kit</a> Tom’s site <a href="http://www.flipremotelyacademy.com" target="_blank">Flip Remotely Academy</a> Preston Ely’s <a href="http://www.WakeWealthy.com" target="_blank">Wake Healthy</a> site Preston Ely’s <a href="http://wakewealthy.com/how-to-be-healthy/" target="_blank">The Health Rabbit Hole</a> blog <a href="http://www.craigslist.org" target="_blank">Craigslist</a> Sean Terry’s <a href="http://www.flip2freedom.com" target="_blank">Flip 2 Freedom</a> Podcast <a href="http://www.gumtree.com/" target="_blank">GumTree</a> <a href="http://www.odesk.com" target="_blank">oDesk</a> <a href="http://www.rightmove.co.uk" target="_blank">Right Move</a> <a href="http://www.zoopla.co.uk" target="_blank">Zoopla</a> <a href="https://www.hellosign.com" target="_blank">Hello Sign</a> <a href="http://www.podio.com" target="_blank">Podio</a> Tweetables: [Tweet "There's 3 numbers you need to know: Cost per lead; the # of leads per deal; average profit per deal"] [Tweet "Ignorance on fire is better than knowledge on ice."] [Tweet "Sometimes you’ve gotta jump from the building &amp; figure out how to fly as you're falling. Just go do it"] Transcription: <a href="http://www.realestateinvestingmastery.com/wp-content/uploads/2015/02/REIM-097-How-to-Be-a-Global-Virtual-Investor-.pdf" target="_blank">Download episode transcript in PDF format here...</a> Joe:      Welcome! This is the Real Estate Investing Mastery Podcast. Hey, everybody. Welcome! This is the Real Estate Investing Mastery. We're coming to you live via Skype on The Dallas Cowboys Football Network. [Laughs] Alex:    We have Tony Romo on the phone. You didn't even know it. Joe:      That's Tony Romo from England. Alex:    [Laughs] Joe:      No. [Laughs] But, glad you're here guys at RealEstateInvestingMastery.com. This is a special podcast. We've got a special, special guest from England who's flipping deals from all over the world. And, I'm excited about talking to him about it. His name is Tom Wade. But, we got Alex. And, if you guys are listening to the audio. You'll see the video of Alex right now on our website at RealEstateInvestingMastery.com and he's wearing a... What are you wearing Alex? Just so you can... I want you to tell everybody.