Investing for Starters

Tom worked for 20 years as a roofer until he had an unfortunate accident at work that left him incapable of working. A fall had left him with permanent back issues that not only rendered him permanently disabled, but he also had to relearn all the basics of walking and standing again.

Tom and his family spent a few years just getting by while the compensation was settled through the courts. Eventually, he became eligible for Social Security disability and he received a lump sum payout of almost six figures from the employer. Sounds great to get a payout like that but Tom could not work and social security was not going to cover what he was making prior to the accident. He had been kicking around the idea of investing in real estate and eventually we connected…and I’m glad we did.

He had some conversations with other “professionals” who advised him he couldn’t get a mortgage, that he should buy property cash…etc. What these “professionals” didn’t do for Tom was to listen and invest time in him.
In a matter of about two weeks, we created a plan that would allow Tom to purchase THREE multi-unit properties that would cash flow over $3500 per MONTH for him and his family. This cash flow on top of the social security put Tom over what he was making prior to his injury.