On to this week’s guest, Tom Sullivan, he is a Cancer survivor and when he learned of his Cancer, it served as a reminder how short and precious life is and went on a tear to acquire over 10 investment properties and earn him the Real Estate Investment Network’s award for Rookie of the Year in 2015.
Tom is a smart guy holding his Masters in Business and Chartered Professional Accountant designation, investing in the Durham Regions and places east of Toronto. He’s also one of the nicest, most sharing people you’ll ever meet which is why it’s awful how another investor did not live up to their contractual, joint venture obligations when the partner profited so massively above projections from the deal.
As always, this is the Truth About Real Estate Investing show so we bring you real stories including those of headaches and financial losses so you may learn how to avoid similar mistakes.
As the saying goes, a fool learns from their own mistakes, a smart person learns from someone else’s mistakes.
Do have your note taking implements handy as Tom is full of great tips and thanks to him, I just loaded up with tons of extended warranties. Without further ado, I give you Tom Sullivan.