When you’ve been in an industry for more than 25 years there isn’t much you aren’t aware of about the business. This is exactly the situation of real estate investor and guru Jim Toner who’s pretty much seen it all. His story is the epitome of rags to riches as he worked himself up from little cash to receiving recognition for helping military veterans get housing debt free.
Back in 2010 Jim was going through a tough period that caused him to turn his back on the real estate investment business. Jim and many of his clients were scammed by a well known guru. In short, Jim and his clients lost a substantial amount of money and he went broke. Realizing how scandalous the world of real estate can be he decided to walk away.
Afterwards, according to his crunchbase.com profile, he began putting his life back together by working as an advisor to business owners and entrepreneurs. He would help them dramatically increase their businesses through “celebrity positioning”. At the time Jim also ventured into being an author and the book he wrote became an Amazon best seller.
Things were going good for Jim and he no plans of returning to his former career until he was contacted by a friend and world-class marketer. Jim told him he was no longer in the business of investment real estate because of how shady it is. He told him there are very few gurus who actually do the real work that is required.
After Jim (@thejimtoner) told him how he felt his friend backed off for a few months but eventually contacted him again. He told Jim how important his story was and that many of the guys in the ‘guru’ sect will compensate companies very well for a story like his. This caused Jim to reconsider walking away forever.
So Jim Toner decided to jump back into real estate investment and he and his colleagues pride themselves on practicing what they preach. Their approach entails purchasing a large amount of deals in markets they have chosen. This makes it easier for people to put trust in Jim and his peers.