Yeah, you heard me…I don’t care what I have to pay for something…if the value far exceeds the price.
Why do so many people have problems with what they pay? I think they are looking at the situation from a scarily prospective. I am on the other end…Abundance. Let me provide you with an example.
I started investing in Real Estate a little over 10 years ago. I admit that I was always only looking for the lowest price, lowest price in regards to payment, price and interest rates…but not limited to these 3 options. I was really only thinking about what I could sell in terms of cost, at the buy (beginning). The problem was I didn’t have a financial coach/partner in my life showing me if my decisions were good or bad. I needed someone that could help me get on a faster track to building more wealth. I didn’t have the knowledge that I thought I did. I really thought I could just keep buying properties and they would pay for themselves…I would get rich. Then that DAMN RECESSION came. It sucked…because I never planned on it. I didn’t see this coming. I never concerned myself with cashflow. Rent came in late, or didn’t come in, and my sales commissions dwindled down. I was in panic mode. This happened over a 2 year term. I was lost, I was stunned, I was almost broken. I was almost ready to give up. I thought maybe the mortgage company can just come take the homes back.
An OLD friend resurfaces. Yeah my buddy from high school, a guy that I always looked up to and highly respected. Ronnie Martin pulled me in, listened to my story and went to work on teaching me FINANCIAL responsibilities. He could retire if I had to pay him by the hour. He taught me how to look at my situation and how adding more debt, even if it was Real Estate effected my borrowing ability. He taught me how to analyze cash/debt flow. He really educated me on the underwriting process. This meant a huge shift in my knowledge, my decision making. I was becoming a somewhat intelligent financial thinker.
What is ALL this worth? Ronnie charges me THE SAME as his other customers. But I’m gonna tell you this. He has given me much more than I can ever repay him. I won’t bankrupt knowledge. Its impossible…How can I ever repay a man that has educated, motivated and advocated for my best life like he has. I call this Transformational versus Transactional. So…the next time your shopping rates, asking about closing cost or any other terms, are you leaving out this major question…Other than terms, is there anything else you can offer me to build wealth? I know one man that can do this and it’s Ronnie Martin at First Bank.
Thank you Ronnie for changing my life forever. I have No doubt that I will reach my financial goal…But I can’t do it without you.
Are you thinking about buying or selling a house? I want to be your agent. I want to Educate, Navigate, and Celebrate this transaction with you. I have over 14 years of experience in the real estate market. The market is moving fast and I want to help bring you from confusion to clarity. I would love the opportunity to work with you. I can be reached at (615)-895-7677 and Tommy@GTTHomes.com.
Tommy Davidson, also known as Good Time Tommy #GTT, is a real estate entrepreneur in Murfreesboro, TN. He focuses on building relationships and self improvement. Learn more about Good Time Tommy at www.GoodTimeTommy.com. Watch Good Time Tommy on his weekly shows called Real Estate 101 and Straight From The Gut.