Tom Cafarella is the kind of guy and Ocean City Development LLC is the kind of company you’d want to partner with as a real estate agent. Got a distressed property to list? Refer it to Tom, get a fair offer, make money on the sale and then list it for him when they bring it back to the market. It’s a great win-win-win-win! The seller gets a quick, clean deal that they may not get from the retail public, the agent gets 2 deals, Tom’s crew takes an underperforming property and puts it back on the market for a lucky buyer and improves the comps for that neighborhood!
Tom shared that only about 10% of the deals make sense. They do not square peg a round hole, the seller has to see the benefit to make it happen. That said, Tom’s
Tom is the co-founder of Ocean City Development, a real estate investment company based out of Boston, MA.
Tom’s unique lead generation methods have allowed him to transform from an accountant who had never done a deal in his life to a full-time investor who has acquired over 100 discounted properties in to fix and flip, wholesale and buy and hold without using his own money.