Ep 94: Solutions for Sellers with Thomas DeMoss

Published: Dec. 27, 2017, 10:57 a.m.

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Thomas was born and raised in Ruston, Louisiana and received a B.S. degree in Marketing from Louisiana Tech University. He was blessed to marry Cindy, a native of Chattanooga, and they have called Chattanooga home since 2004. Thomas and Cindy have been further blessed with the privilege to adopt three children; one domestic and two from Uganda. An active member and Elder at Hixson Presbyterian Church, Thomas is involved with teaching Youth, outreach opportunities, and strategic planning. \xa0 Professionally, Thomas\u2019 experience includes over 20 years as a Sales Account Manager for several distribution companies.In 2004, Thomas began his journey in real estate to earn additional income, but it quickly turned into a passion. Thomas has successfully invested in Chattanooga real estate for over 10 years. During this time, he has managed the acquisitions and renovations of new properties, as well as the property management portion of his business.\xa0 Thomas is also an agent with Keller Williams Realty. \xa0\xa0 When Thomas isn\u2019t looking at houses or talking about real estate, he enjoys time with his family, mountain biking, trail running, hiking and exposing his kids to the extraordinary beauty and diverse environment that Chattanooga offers.\xa0 GETTING STARTED: The catalysts: 1) \u201cWe read Rich Dad Poor Dad and started with buy and hold properties.\u201d 2) \u201cMy father, one of the things he instilled in me was an investment mentality. He taught me investing early on, stocks, obviously owning tangible assets. He was a gold guy. So physical assets were what he always really preached to us.\u201d 3) \u201cWhen I was in college\u2026 We rented houses as students and we were paying our own rent\u2026 So I would see these old guys that all they would do is they had several rental houses. It looked like a really cool lifestyle.\u201d DID YOU START AS AN AGENT OR INVESTOR: \u201cWe started as investors\u2026 I classify people as \u2018I want to sell\u2019 or \u2018I need to sell\u2019 and these people wanted to sell but they didn\u2019t have a need. They weren\u2019t distressed. They weren't in a financially crisis. So at the time I didn\u2019t have a solution for them. So I called my agent friends\u2026 and I didn\u2019t get a good response. \u2026I\u2019m a people pleaser and I like to help people so I was frustrated that I didn\u2019t have a solution for them. \u2026 So I got my license.

ACTION STEPS: \u201cYou have to take ownership in what you are doing. You have to out work everyone else\u2026 Don\u2019t be afraid to make mistakes.\u201d WORD TO LIVE BY: \u201cFirst Corinthians 10:31 \u2018Whatever you do, do for the glory of God\u2026\u2019 I have that in my office because it goes back to the over arching theme of I want to be a good steward of what we've been given.\u201d BEST WAY TO FIND THOMAS: www.ibuychattanoogahouses.com



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