Accidentally Rich: The Secret Sauce to Tom Cruz’s Real Estate Success | The Jake and Gino Show
- Accidentally Rich: The Secret Sauce to Tom Cruz’s Real Estate Success | The Jake and Gino Show 43:16
In this episode of Jake and Gino, co-founder Gino Barbaro sits down with real Estate investor and creative financing expert Tom Cruz. Tom shares his incredible journey, starting in 2012 with an accidental entry into real estate due to his dog’s breed restrictions, and now owning a portfolio that generates over $650K in monthly passive income!
From wholesaling to dominating Section 8 housing, Tom dives into his strategies for leveraging creative financing, scaling his portfolio, and finding success in real estate no matter the market conditions. Learn the secrets to navigating Section 8, the pros and cons of government-backed income, and why iPhone users make the best tenants (yes, really!).
If you’re a new or seasoned investor, looking to break into affordable housing or scale your real estate empire, this is an episode packed with invaluable insights. Tom’s journey proves that luck favors the prepared, and scaling from a single condo to hundreds of units is within your reach!
Key Takeaways:
- How Tom got started with just $15K and turned it into millions
- The importance of creative financing and Section 8
- Why timing the market isn’t everything — cash flow is king!
- The secrets to tenant screening and property management
- Why managing properties with Cruise Control software transformed his business
- Scaling from a single unit to over 700 units
Don’t Miss:
- How Tom used TikTok to grow a following of over 1.3 million in real estate and Education
- The hilarious story of Tom’s first condo purchase (it all started with a dog!)
Join the conversation and learn from a true real estate innovator! Subscribe to our channel for more deep dives into real estate Investing, multifamily strategies, and building a brand in the digital age!
Resources Mentioned:
- Section 8 Webinar: section8webinar.com
- Follow Tom on Instagram & TikTok: @TCruznc
- Jake & Gino Podcast: jakeandgino.com
We’re here to help create multifamily entrepreneurs… Here’s how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company. They control over $250M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/
