Nov 11, 2019
In this episode of the Millionaire Mindcast, Paul Moore shares his journey on real estate investing, ways to make money in real estate, and the tactics to level up your finances, and long term wealth building without putting so much hard work!
Paul Moore is a serial entrepreneur, a successful real estate investor and expert, and is a Co-Founder of Wellings Capital, that helps high earners ($200k+ per year) and high net worth individuals ($1 million+) protect and grow their wealth through passive commercial real estate investing. He is also the co-hosts of a wealth-building podcast called How to Lose Money with Josh Thomas and is a regular author for Bigger Pockets.
Being in three successful real estate developments, including assisting with the development of a Hyatt hotel and a very successful multifamily project, led him into commercial real estate. Paul was Finalist for Ernst & Young’s Michigan Entrepreneur of the Year two years straight (1996 & 1997). Author of the book, The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing (2016).
Paul began investing in real estate in 2000, and he flipped over 50 homes, 25 high-end waterfront lots, appeared on HGTV’s House Hunters, rehabbed and managed dozens rental properties, built a number of new homes, developed a subdivision, and started two successful online real estate marketing firms.
Paul graduated in engineering degree and thought he was meant to be an engineer but got bored very quickly. Then, realized he was trying to be an entrepreneur and was designed to be an entrepreneur with very little knowledge about it. Paul started his own staffing company after working for 5 years at Ford Motor Company. Without a clue in investing, he had several million in the bank before he was 34 years old.
This man went to all types of gyration within 19 years of real estate investing. He had done hotels, subdivisions, ground-up constructions, flip many dozens of houses, and finally landed in commercial real estate. Throughout his journey in real estate, Paul learned to stay really focus on one thing and outsource other things to increase returns.
You can shortcut your ability to achieve passive income and getting those returns that you’re looking for without needing to be an expert to it. All you need is just invest with experts like Paul and his team who are skillful in this area!
Some Questions I Ask:
In This Episode, You Will Learn:
Connect with Paul Moore on: