JF2870: Knowing When to Walk Away from a Deal ft. Tommy Brant

<p><span style="font-weight: 400;">Tommy Brant, a self-described recovering electrical engineer, is a full-time multifamily syndicator and real estate investor. He was first exposed to real estate through a college summer job working for a general contractor rehabbing mobile homes.</span></p> <p><span style="font-weight: 400;">Today, Tommy owns three long-term rentals and one vacation rental, and he is invested in two apartment syndications totaling 356 units. In this episode, he discusses his tips for purchasing Florida rental properties, why he recently walked away from a contract on a 52-unit property in Nashville, and how he uses direct-to-seller advertising with a broker to find deals.</span></p> <p><strong>Tommy Brant | Real Estate Background</strong></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Founder of TB Capital Group, LLC, which focuses on multifamily syndication.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Portfolio: LP of two syndications, totaling 356 units</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Based in: Nashville, TN</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Say hi to him at:</span></li> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "https://tbcapitalgroup.com/connect/"><span style= "font-weight: 400;">tbcapitalgroup.com/connect</span></a></li> <li style="font-weight: 400;" aria-level="2"><a href= "https://www.facebook.com/profile.php?id=100073138234155"><span style="font-weight: 400;"> Facebook</span></a></li> <li style="font-weight: 400;" aria-level="2"><a href= "https://www.linkedin.com/in/tommybrant/"><span style= "font-weight: 400;">LinkedIn</span></a></li> </ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Greatest lesson: Growth mindset, perspective, self-awareness, self-care, and determination are required traits of any entrepreneur. However, after you get pas