A 20-year investor explains how he closed 45 deals in a year while shifting his focus toward long-term equity through buy-and-hold and ADU strategies.
Thomas DeMoss has been investing in Chattanooga for over 20 years and closed 45 deals last year. In this episode, he breaks down how he uses wholesaling as active income while building long-term wealth through buy-and-hold, new construction, and ADUs. We get into how zoning changes create opportunity, why certain lots matter more than others, and how experienced investors think beyond the assignment fee.
KEY TALKING POINTS:
0:00 - Intro
0:36 - An Overview Of Thomas Demoss’s Business
1:42 - His First Deal
4:05 - His Second Deal & Their Marketing
6:18 - Average Assignment Fees & Having His License
9:04 - Why He Started Doing The ADU Strategy
13:21 - DealMachine’s Corner Lots
15:07 - The Impact Of ADUs & Flipping Numbers
20:08 - Why Thomas Loves Buy And Hold Investing
21:13 - How To Find ADU Deals And Builders
24:18 - Using Lending For ADUs
27:16 - What He Wants His Kids To Learn
28:28 - Retaining Tenants
31:44 - Hard To Get Data
32:40 - Previewing Postcard.ai
34:20 - Investing In Gold
38:42 - Outro
LINKS:
Instagram: Thomas DeMoss
https://www.instagram.com/thomasmdemoss/
Website: Chattanooga Property Solutions
https://www.chattanoogapropertysolutions.com/
Instagram: David Lecko
https://www.instagram.com/dlecko
Website: DealMachine
https://www.dealmachine.com/pod
Instagram: Ryan Haywood
https://www.instagram.com/heritage_home_investments
Website: Heritage Home Investments
https://www.heritagehomeinvestments.com/