¡Desconecta con la aplicación Player FM !
How Buying a Duplex Led to a 23 Property Portfolio w/ Real Estate Investor and Financial Coach Tom Brickman
Manage episode 426786808 series 2504329
We're super excited to welcome Tom Brickman - The Frugal Gay’ - to this episode! A seasoned real estate investor and financial coach shares his inspiring journey from working retail jobs to building a successful real estate portfolio through frugal living and investing. Tom's journey to build a successful real estate portfolio started over 20 years ago, and he's here today to share his story of resilience and dedication from his early days working retail jobs to accumulating over 20 rental properties.
Tom discusses his early experiences buying properties in Ohio and Texas, emphasizing the importance of patience and holding onto investments long-term. Tom also offers valuable advice to aspiring investors, encouraging them to start small and learn from their mistakes.
Join us as we explore topics like house hacking, short-term rentals, and the lack of LGBTQ+ representation in personal finance. They discuss strategies for having important money conversations and reconciling financial goals with friends. Overall, this episode provides a look at practical real estate investing lessons and highlights the power of starting small and working your way up through dedication and resilience.
Things we discussed in this episode:
- Tom Brickman's journey from retail jobs to real estate investing.
- Tom's first property purchase - a duplex in Ohio at age 21.
- House hacking and renting out units before the term existed.
- Buying condos in Dallas as an affordable entry point.
- Advice from older real estate agents to find overlooked properties.
- Challenges of having financial conversations with friends.
- Tom's experience with short-term rentals and missing items.
- Jason's insurance claim process after property damage at an Airbnb.
- Importance of prompt responses and decision-making in business.
- Tom works as a financial coach and helps clients avoid mistakes.
Get in touch with Tom:
Website - https://thefrugalgay.com/
Facebook - https://www.facebook.com/Thefrugalgay11/
Instagram - https://www.instagram.com/thefrugalgay11
#realestatepodcast #realestate #realestateinvestor #realestatelaw #realestateagent #RealEstateInvesting #HouseHacking #FinancialIndependence #LGBTQFinance #ShortTermRentals #Airbnb #InsuranceClaims #RealEstateCoaching #StartingSmall #TheFrugalGay
Follow Us!
Join Jason Muth of Prideaway Stays and Straightforward Short-Term Rentals and Real Estate Attorney / Broker Rory Gill for another episode of The Real Estate Law Podcast!
Following and subscribing to The Real Estate Law Podcast not only ensures that you'll get instant updates whenever we release a new episode, but it also helps us reach more people who could benefit from the valuable content that we provide.
The Real Estate Law Podcast Website and on Instagram and YouTube
Prideaway Stays Website and on Facebook and LinkedIn
Straightforward Short-Term Rentals Website and on Instagram
Attorney Rory Gill on LinkedIn
Jason Muth on LinkedIn
This podcast and these show notes are not legal advice, but we hope you find both entertaining and informative.
Hospitality.FM
The Real Estate Law Podcast is part of Hospitality.FM, a podcast network dedicated to bringing the best hospitality-focused podcasts to those in and around the industry, from Food + Beverage, Guest Experience, Diversity & Inclusion, Tech, Operations, Hotels, Vacation Rentals, Real Estate Law, and so much more!
208 episodios
Manage episode 426786808 series 2504329
We're super excited to welcome Tom Brickman - The Frugal Gay’ - to this episode! A seasoned real estate investor and financial coach shares his inspiring journey from working retail jobs to building a successful real estate portfolio through frugal living and investing. Tom's journey to build a successful real estate portfolio started over 20 years ago, and he's here today to share his story of resilience and dedication from his early days working retail jobs to accumulating over 20 rental properties.
Tom discusses his early experiences buying properties in Ohio and Texas, emphasizing the importance of patience and holding onto investments long-term. Tom also offers valuable advice to aspiring investors, encouraging them to start small and learn from their mistakes.
Join us as we explore topics like house hacking, short-term rentals, and the lack of LGBTQ+ representation in personal finance. They discuss strategies for having important money conversations and reconciling financial goals with friends. Overall, this episode provides a look at practical real estate investing lessons and highlights the power of starting small and working your way up through dedication and resilience.
Things we discussed in this episode:
- Tom Brickman's journey from retail jobs to real estate investing.
- Tom's first property purchase - a duplex in Ohio at age 21.
- House hacking and renting out units before the term existed.
- Buying condos in Dallas as an affordable entry point.
- Advice from older real estate agents to find overlooked properties.
- Challenges of having financial conversations with friends.
- Tom's experience with short-term rentals and missing items.
- Jason's insurance claim process after property damage at an Airbnb.
- Importance of prompt responses and decision-making in business.
- Tom works as a financial coach and helps clients avoid mistakes.
Get in touch with Tom:
Website - https://thefrugalgay.com/
Facebook - https://www.facebook.com/Thefrugalgay11/
Instagram - https://www.instagram.com/thefrugalgay11
#realestatepodcast #realestate #realestateinvestor #realestatelaw #realestateagent #RealEstateInvesting #HouseHacking #FinancialIndependence #LGBTQFinance #ShortTermRentals #Airbnb #InsuranceClaims #RealEstateCoaching #StartingSmall #TheFrugalGay
Follow Us!
Join Jason Muth of Prideaway Stays and Straightforward Short-Term Rentals and Real Estate Attorney / Broker Rory Gill for another episode of The Real Estate Law Podcast!
Following and subscribing to The Real Estate Law Podcast not only ensures that you'll get instant updates whenever we release a new episode, but it also helps us reach more people who could benefit from the valuable content that we provide.
The Real Estate Law Podcast Website and on Instagram and YouTube
Prideaway Stays Website and on Facebook and LinkedIn
Straightforward Short-Term Rentals Website and on Instagram
Attorney Rory Gill on LinkedIn
Jason Muth on LinkedIn
This podcast and these show notes are not legal advice, but we hope you find both entertaining and informative.
Hospitality.FM
The Real Estate Law Podcast is part of Hospitality.FM, a podcast network dedicated to bringing the best hospitality-focused podcasts to those in and around the industry, from Food + Beverage, Guest Experience, Diversity & Inclusion, Tech, Operations, Hotels, Vacation Rentals, Real Estate Law, and so much more!
208 episodios
Tutti gli episodi
×Bienvenido a Player FM!
Player FM está escaneando la web en busca de podcasts de alta calidad para que los disfrutes en este momento. Es la mejor aplicación de podcast y funciona en Android, iPhone y la web. Regístrate para sincronizar suscripciones a través de dispositivos.