[793] How Tom Bell Made Money on His First Flip (And What Almost Killed the Deal)

Most people think doing the work themselves will save money on a flip. Tom Bell thought the same thing. Until a “quick” 6-week rehab turned into 5 months of nights, weekends, and missed deals. This week on The Bottom Line, I sat down with Tom, one of our 7 Figure Runway members, who came back to real estate after COVID wiped out his rental income. He’s not 25. He’s not looking to quit his job tomorrow. He just wanted to build income on his terms, stay active in retirement, and not rely on a 401(k) to get there. We unpack his first flip, the timeline mistake he regrets, and how he’s fixing it on his next deal. When you’re stuck doing everything yourself, you lose time, energy, and deal flow. Tom’s now rebuilding the right way by tracking his numbers, hiring the right people, and planning his flips like a business owner, not a contractor. That’s exactly what we train inside 7 Figure Runway. A step-by-step system for serious beginners to: - Build a repeatable deal pipeline - Avoid the DIY trap - And scale without burning out CLICK HERE to Learn More About 7 Figure Runway >> And if you want your question answered by me and Dr. Sheri Fluellen in an upcoming episode of The Bottom Line, just hit the link below. CLICK HERE to Submit Your Question >> Catch you later! LINKS & RESOURCES 1,000 FREE Seller Leads Get your first 1,000 seller leads FREE from our partner BatchLeads and start closing deals immediately.  CLICK HERE: http://leads.getbatch.co/mztQkMr 7 Figure Flipping Underground If you want to learn how to make money flipping and wholesaling houses without risking your life savings or "working weekends" forever... this book is for YOU. It'll take you from "complete beginner" to closing your first deal or even your next 10 deals without the bumps and bruises most people pick up along the way. If you've never flipped a house before, you'll find step-by-step instructions on everything you need to know to get started. If you're already flipping or wholesaling houses, you'll find fast-track secrets that will cut years off your learning curve and let you streamline your operations, maximize profit, do MORE deals, and work LESS.  CLICK HERE: https://hubs.ly/Q01ggDSh0    7 Figure Runway Follow a proven 5-step formula to create consistent monthly income flipping and wholesaling houses, then turn your active income into passive cash flow and create a life of freedom. 7 Figure Runway is an intensive, nothing-held-back mentoring group for real estate investors who want to build a "scalable" business and start "stacking" assets to build long-term wealth. Get off-market deal sourcing strategies that work, plus 100% purchase and renovation financing through our built-in funding partners, a community of active investors who will support and encourage you, weekly accountability sessions to keep you on track, 1-on-1 coaching, and more.  CLICK HERE: https://hubs.ly/Q01ggDLL0 Hosted on Acast. See acast.com/privacy for more information.