{"id":50900,"date":"2013-11-21T00:01:10","date_gmt":"2013-11-21T07:01:10","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=50900"},"modified":"2023-04-11T04:19:06","modified_gmt":"2023-04-11T10:19:06","slug":"2013-11-21-bp-045-tom-sylvester-rural-unfair-advantage","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2013-11-21-bp-045-tom-sylvester-rural-unfair-advantage","title":{"rendered":"Finding Your Unfair Advantage, Rural Investing, and Getting Started with Tom Sylvester"},"content":{"rendered":"<p>On today&#8217;s episode of the <a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Podcast<\/a>, we cover a huge variety of really interesting topics with real estate investor <strong>Tom Sylvester<\/strong> (yes, that rhymes!)<\/p>\n<p>Tom has been investing in the Rochester, NY area for several years and has a great perspective on getting started, building systems to manage your business, investing in rural areas (or as Brandon says, &#8220;rrrrrurrral&#8221;,) and a whole lot more.<\/p>\n<p>Don&#8217;t miss a second of this excellent interview!<\/p>\n<p><a href=\"https:\/\/www.biggerpockets.com\/bpp45-tom-sylvester-podcast-transcript-getting-started-rurual-investing-advantage\" target=\"_blank\">Read the transcript for episode 45 with Tom Sylvester here<\/a>.<\/p>\n<h2>Listen to the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" src=\"https:\/\/playlist.megaphone.fm\/?e=BIGPOC5150357775\" width=\"100%\" height=\"200\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<h2>In This Show, We Cover<\/h2>\n<p><a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-thumbnail wp-image-43638\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2013\/05\/BiggerPockets-Podcast-_-Real-Estate-Investing-and-Wealth-Building-9.42.11-AM1-150x150.jpg\" alt=\"BiggerPockets Podcast _ Real Estate Investing and Wealth Building 9.42.11 AM\" width=\"150\" height=\"150\" title=\"\"><\/a><\/p>\n<ul>\n<li>Tom&#8217;s early lessons<\/li>\n<li>The advantages and disadvantages to rural investing<\/li>\n<li>Finding mentors and networking<\/li>\n<li>Talking with your spouse about getting started with real estate<\/li>\n<li>Getting started with real estate at a young age<\/li>\n<li>When is the right time to quit your day job?<\/li>\n<li>Red flags for problem tenants<\/li>\n<li>The $10 Toilet part that could have saved Tom hundreds of dollars<\/li>\n<li>And much more.<\/li>\n<\/ul>\n<h2>Links from the Show<\/h2>\n<ul>\n<li><a title=\"Investing in Rural Markets: The Secret to Real Estate Investing Success?\" href=\"\/renewsblog\/2013\/11\/04\/invest-rural-markets\/\" target=\"_blank\">Investing in Rural Markets: The Secret to Real Estate Investing Success?<\/a><\/li>\n<li><a title=\"The Top 100 Ways To Make Money In Real Estate\" href=\"\/renewsblog\/2012\/09\/02\/top-ways-to-make-money-real-estate\/\" target=\"_blank\">The Top 100 Ways To Make Money In Real Estate<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/blogs\/4317\/blog_posts\/30055-getting-started-in-real-estate-with-100\" target=\"_blank\">How to Get Started With $100<\/a> blog post by Tom<\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/alerts\" target=\"_blank\">Keyword Alerts<\/a><\/li>\n<li><a title=\"How To Survive When Your Spouse Doesn\u2019t Believe In Your Dream\" href=\"\/renewsblog\/2013\/09\/27\/survive-spouse-doesnt-believe-dream\/\" target=\"_blank\">How To Survive When Your Spouse Doesn\u2019t Believe In Your Dream<\/a><\/li>\n<li><a title=\"How to Start Investing In Real Estate at a Young Age (or a \u201cYoung at Heart Age\u201d)\" href=\"\/renewsblog\/2013\/02\/09\/how-to-start-investing-real-estate-young\/\" target=\"_blank\">How to Start Investing In Real Estate at a Young Age (or a \u201cYoung at Heart Age\u201d)<\/a><\/li>\n<li><a title=\"BP Podcast 044: Creating Systems to Flip Houses While Still Employed with Michael Woodward\" href=\"\/renewsblog\/2013\/11\/14\/bp-podcast-044-creating-systems-flip-houses-still-employeed-michael-woodward\/\" target=\"_blank\">BP Podcast 044: Creating Systems to Flip Houses While Still Employed with Michael Woodward<\/a><\/li>\n<li><a title=\"Tenant Screening: The Ultimate Guide\" href=\"\/renewsblog\/2013\/01\/27\/tenant-screening\/\" target=\"_blank\">Tenant Screening: The Ultimate Guide<\/a><\/li>\n<li><a title=\"Cashflow 101: Using the Game to Define Your Investing Strategy\" href=\"\/renewsblog\/2013\/10\/29\/cashflow-101-game\/\" target=\"_blank\">Cashflow 101: Using the Game to Define Your Investing Strategy<\/a><\/li>\n<li><a href=\"http:\/\/www.homedepot.com\/p\/Fluidmaster-Leak-Sentry-Water-Saving-Fill-Valve-400LSRP14\/100393067#.Uoqm8MS2bWo\" target=\"_blank\" rel=\"noopener\">Home Depot Toilet Fill Valve<\/a><\/li>\n<li><a href=\"http:\/\/www.dropbox.com\" target=\"_blank\" rel=\"noopener\">Dropbox App<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in the Show<\/h2>\n<ul>\n<li><a href=\"http:\/\/amzn.to\/2a9AFAh\" target=\"_blank\" rel=\"noopener\">The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich<\/a> by David Bach<\/li>\n<li><a href=\"http:\/\/amzn.to\/2a9oIeb\" target=\"_blank\" rel=\"noopener\">Rich Dad Poor Dad<\/a> by Robert Kiyosaki<\/li>\n<li><a href=\"http:\/\/amzn.to\/29X2JU7\" target=\"_blank\" rel=\"noopener\">The 4 Hour Workweek<\/a> by Tim Ferriss<\/li>\n<li><a href=\"http:\/\/amzn.to\/2an5sZr\" target=\"_blank\" rel=\"noopener\">The E-Myth Revisited<\/a> by Michael Gerber<\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/flippingbook\" target=\"_blank\">The Book on Flipping Houses<\/a> by J Scott<\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/flippingbook\" target=\"_blank\">The Book on Estimating Rehab Costs<\/a> by J Scott<\/li>\n<li><a href=\"http:\/\/amzn.to\/2a7u7iR\" target=\"_blank\" rel=\"noopener\">What Every Real Estate Investor Needs to Know About Cash Flow&#8230; And 36 Other Key Financial Measures <\/a>by\u00a0Frank Gallinelli<\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/real-estate-investing\" target=\"_blank\">The Ultimate Beginner&#8217;s Guide to Real Estate Investing<\/a> by BiggerPockets<\/li>\n<\/ul>\n<h2>Tweetable Topics<\/h2>\n<blockquote><p>Find your unfair advantage in business and exploit it. (<a href=\"http:\/\/clicktotweet.com\/em7y2\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p><\/blockquote>\n<blockquote><p>What do you want your life to be? How are you going to get there?\u00a0(<a href=\"http:\/\/clicktotweet.com\/t3a7L\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p><\/blockquote>\n<blockquote><p>If you aren&#8217;t finding success &#8211; be persistent but change your tactic.\u00a0(<a href=\"http:\/\/clicktotweet.com\/Rj8e0\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p><\/blockquote>\n<blockquote><p>Know the difference between a cheap property and deal.\u00a0(<a href=\"http:\/\/clicktotweet.com\/4_Q8f\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p><\/blockquote>\n<h2>Connect with Tom<\/h2>\n<p>Tom&#8217;s <a href=\"https:\/\/www.biggerpockets.com\/users\/slimmatic\" target=\"_blank\">BiggerPockets Profile<\/a><br \/>\nTom&#8217;s Website: <a href=\"http:\/\/www.tom-sylvester.com\" target=\"_blank\" rel=\"noopener\">Tom-Sylvester.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On today&#8217;s episode of the BiggerPockets Podcast, we cover a huge variety of really interesting topics with real estate investor Tom Sylvester (yes, that rhymes!) Tom has been investing in [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":119655,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-50900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biggerpockets-podcast"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/50900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/17340"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=50900"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/50900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/119655"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=50900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=50900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=50900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}