This week, we have a very special guest in Tom Karadza, co-founder and co-owner on Rock Star Real Estate, a two time Profit 500 company, which makes Rock Star one of the 500 fastest growing companies in Canada. Rock Star manages a membership of over 800 investors called the Rock Star Inner Circle and you can learn more about it on their website www.rockstarinnercircle.com.
Even though Rock Star members invest in every real estate strategy imaginable, they are best known for rent-to-own, having members transacted on 1,800 – 2,000 rent-to-owns to date. If anyone out there has done more in Canada, kindly let me know because I don’t think any other group or company comes close.
During this interview we talk about the day Tom was yelled at in front of his co-workers for missing a sales target which was the catalyst for Tom to change paths and begin his and brother Nick’s journey to starting Rock Star Real Estate.
We talk about the investment of Tom’s money, time, but more importantly, the sacrifices of family time and health to take the business where it is and shares his lessons learned. We talk about rent to own as a strategy, how it works, which markets the strategy is best for, what makes certain investors successful or not so.
For fans of gold and silver, like myself, Tom gives his recommendations on why gold and how much we should own.
We could have gone on for hours, so if you listeners enjoy this episode please let me know! preferably leave a review on whichever platform you are using to listen e.g. on iTunes (I read it all) or simply email me. Anyways, without further ado, I present to you Tom Karadza
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On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
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Thanks for listening! Till next time!
This Episode’s Transcript
Erwin: Anyways, without further ado, I present to you Tom Karadza. Is anything off limits? I’m sure you’re okay.
Tom: Ask away.
Erwin: And you got the questions? You totally …
Tom: Yeah, they look good.
Erwin: Okay, good.
Tom: How can I serve you best? Is it … Do you want exciting content or stuff people have never heard? What serves Erwin in this podcast best?
Erwin: Our main objective is to educate, to be real. Because I think a lot of what’s out there, they don’t really go into … Everything’s always made out to be easy. Not often are we taught about what the price is that you have to pay. And then to inspire.
Tom: Got it. So I can tell, because you have a lot of questions about business in here too, so I can say how hard the hours and the hard … And I’m just going to say, I’ve never not told it like I believed it, so okay, I get it.
Erwin: Yeah. I don’t know if it’s the right approach, but I’ve told many people, real estate investing is not for everyone. Being a landlord is not for everyone.
Tom: Yeah, I think that’s the right approach, man. It’s not. Let me put it this way. I think everybody’s capable of doing it, but I don’t know if everybody is at the right place in their life or time in their life to be ready for it. If that makes sense, do you know what I mean?
Erwin: Yeah, there is a price to pay.
Tom: I think everybody innately is … Yeah, Jesus.
Erwin: We have a fair amount of questions, so let’s start.
Erwin: I think I have more questions for you than anyone else that I’ve ever done.
Tom: I know, I’m like, I didn’t know I’m spending the afternoon here with Erwin. But yeah, I think we can cover all of this, so yeah, however you want to go.
Erwin: All right, let’s roll.
Tom: Okay, cool.DOWNLOAD EPISODE TRANSCRIPT