Podcasts about real estate guys radio

Paul Moore is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. After beginning his career at Ford Motor Company, he co-founded a staffing firm, becoming a two-time finalist for Michigan Entrepreneur of the Year. Following its sale to a publicly traded company, Paul transitioned into real estate, launching multiple investment and development companies and completing over 100 commercial and residential deals.   A recognized industry expert, Paul has contributed to Fox Business, The Real Estate Guys Radio, and BiggerPockets, where he produces live shows, videos, and blogs. He has been featured on over 200 podcasts and co-hosted *How to Lose Money.* He is also the author of Storing Up Profits and The Perfect Investment.   In this episode, we talked to Paul about the fund structure, his book, The Perfect Investment, the ideal investor for this structure, the future of the market, and much more.   Get ready for REWBCON 2025, happening from April 10th to 12th! Use my code JOHN at checkout for 10% off your ticket.   Real Estate Investment;   02:33 Paul's background; 05:42 Paul's book, The Perfect Investment 12:50 An insight into the fund structure 17:40 The ideal investor for this; 21:35 An insight into the future of the market; 24:10 Round of Insights   Announcement: Learn about our Apartment Investing Mastermind here.   Round of Insights   Apparent Failure: Making a wrong investment choice back in late 90's. Digital Resource: Slack & Voxer. Most Recommended Book: The Unsold Mindset. Daily Habit: Meditating, reading and journaling every morning. #1 Insight for thinking like an investor and not a speculator: Become an expert in the one thing you're focusing on. Best place to grab a bite in Lynchburg, VA: William & Henry.   Contact Paul: Website Check out our first interview with Paul: Episode 154   Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.

JOSH MCCALLENIt is an honor to lead over 400+ souls in a High-Growth hospitality REVIVAL We host 320,000+ guests annually at our collection of 4 legendary resort properties, with 1000+acres, 2.5miles of waterfront, 2 championship golf courses, 2 award-winning wineries, boat clubs, beach barOur Teams are Transforming Real Estate & Operating Businesses into a Unified Platform for Generational Impact Together we are Unleashing the Power of Truth, Beauty, and GoodnessIt has been an honor to serve teams with the following recognition:  Together We…Currently, I serve as CEO/ President of VIVAMEE Hospitality, which humbly welcomes and serves over 325,000 souls as guests each year and employs more than 400 teammates yearlyAdditionally, I serve as Managing Partner and CEO of Accountable Equity, a private equity firm offering direct passive investments for accredited investorsHave enjoyed hosting Capital Hacking Podcast since 2019 with over 300 episodes helping 1st generation wealth builders and private direct investorsTurned Around, 2 bankrupt companies into thriving multimillion-dollar operationsLaunched: 7 successful resorts, 24 unique event venues, 10 unique restaurant concepts, and numerous festival and live in-person ticketed eventsDoubled the revenue of two Championship Golf CoursesAttracted capital from over 435 investor familiesBuilt a 4000+ person investor communityShared our story as Keynote Speaker for over 10 Accredited Investor Summits & MastermindsEarned Inc 5000 recognition twiceLed a resort company that had two resorts nationally ranked in the top 25 best hotels in AmericaAcquired over 1000 acres of premium real estate including 2.5 miles of waterfrontHave employed approximately 3000 souls since 2010Currently operates one of the largest luxury wedding businesses in AmericaHost a podcast in the top one of the worlds shows and has reached hundreds of thousands of downloadsHave been the subject of an “unsuccessful” pilot television show for HGTVHave renovated and constructed over 250,000 ft.² of luxury, residential and commercial propertiesRestored and revived five historically significant properties into legendary destination resortsAppeared as a featured guest on 70 famous podcasts and showsHave been a future speaker and panelist for The Family Office Club, the Alternative Investor Summit, the Real Estate Guys Radio syndication events, and several regional masterminds and conferencesHave appeared in or been featured in over 70 news, articles and morning television shows Capital Hacking www.capitalhacking.comVIVAMEE www.vivamee.comAccountable Equity www.AccountableEquity.comCHAPTERS00:00 Market Insights and Predictions02:55 Background and Business Model Overview06:03 Investment Strategy and Asset Management08:45 Revenue Streams and Operational Strategies12:01 Navigating Challenges During COVID-1918:05 Investment Structure and Investor Relations20:56 Future Growth and Expansion Plans23:57 Operational Excellence and Company Culture30:00 Educational Resources and Final ThoughtsRANDY SMITHConnect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor

Join us on the latest episode of Passive Investing from Left Field, with guest Paul Moore from Wellings Capital. In this episode, we unravel the art of building confidence with LPs, explore the resurgence of preferred equity, and share insights on diversification strategies. Discover Paul's journey from speculator to seasoned investor, gaining actionable advice for consistent returns. Don't miss these gems of wisdom that could steer your investment journey toward consistent returns and stronger strategies.  About Paul Moore  After a stint at Ford Motor Company, Paul co-founded a staffing firm where he was 2x Finalist for Michigan Entrepreneur of the Year. After selling to a publicly traded firm, Paul began investing in real estate. He launched multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits. He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to Bigger Pockets, producing live shows, recorded videos, and blog content. Paul also co-hosted a wealth-building podcast called How to Lose Money and he's been featured on over 200 podcasts. Paul is the author of Storing Up Profits – Capitalize on America's Obsession with Stuff by Investing in Self-Storage (Bigger Pockets Publishing 2021) and The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing. Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. Here are some power takeaways from today's conversation: 03:33 His real estate journey?05:20 Transition from speculator to investor07:32 Preferred equity vs preferred returns09:27 What is preferred equity?14:55 Why aren't the lenders lending more?16:42 Should the LP know about the preferred equity?04:35 The Evolution of His Real Estate Journey20:29 Are all pref equity the same?30:44 What to look for in the common equity?33:04 How do you protect yourself from deals failing?37:46 How does an LP get into pref equity?30:41 How does the LP evaluate this?43:48 Podcast recommendations44:42 Contact Paul45:05 Thank you for watchingThis show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.    Resources Mentioned:Contact the Guest:Instagram- @paulmooreinvestFacebook- @wellingscapitalLinkedIn- https://www.linkedin.com/in/paul-moore-3255924/Email- paul@wellingscapital.comAvoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve SuhPodcast Recommendations:Motley Fool MoneyThe Walker WebcastAdvertising Partners:Left Field Investors - BECTribevestRise48Aspen FundsGSP REISpartan Investment GroupVyzer

EPISODE SUMMARY: Could the key to thriving in the ever-shifting sands of real estate investment be a lesson in simplicity from Warren Buffet's playbook? Real estate investor and author Paul Moore rejoins us to share the wisdom of his journey, emphasizing the power of a lean, diversified approach akin to Berkshire Hathaway's model. Paul, a beacon of experience, unpacks the virtues of collaborating with top-tier professionals across various asset classes. We examine the idea that you don't need to wear every hat yourself to strike gold; instead, focus on the 20% that yields 80% of the results and leave the fine details to the experts. As interest rates climb, they reshape the landscape of real estate investing, creating a labyrinth of new challenges and opportunities. We navigate through the complexities of alternative financing methods which rise in prominence as traditional lending tightens its belt. Mezzanine debt, preferred equity, and their potential to blend risk with reward enter our discourse, highlighting the importance of adaptability and keen insight when one is charting a course through the tumultuous waters of today's economy. Paul's mission transcends the boundaries of business, as he turns his gaze to the prevailing issue of human trafficking. With a passion that stirs the soul, he shares how he dedicates a portion of his success to combating this harrowing global crisis, championing a crusade that intertwines purpose with profit. This episode is not just a treasure trove of financial acumen but also a clarion call to harness our achievements for a cause far greater than ourselves. Join us for an exploration of investment strategies intertwined with a heartfelt appeal to make a tangible difference in the world. PAUL'S BIO: Paul's professional journey began with a notable stint at Ford Motor Company before co-founding a successful staffing firm. His entrepreneurial prowess earned him the distinction of being a 2x Finalist for Michigan Entrepreneur of the Year. After the firm's successful acquisition by a publicly traded company, Paul redirected his focus towards real estate investment. A trailblazer in the real estate arena, Paul has established and led multiple investment and development ventures. His expertise has been showcased on platforms like HGTV, Fox Business, and The Real Estate Guys Radio. A prolific contributor to BiggerPockets, Paul produces live shows, recorded videos, and insightful blog content. Notably, Paul co-hosted the wealth-building podcast "How to Lose Money" and has been a sought-after guest on over 200 podcasts. His literary contributions include "Storing Up Profits – Capitalize on America's Obsession with Stuff by Investing in Self-Storage" (BiggerPockets Publishing 2021) and "The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing." Paul Moore is the visionary Founder and Managing Partner of Wellings Capital, a distinguished real estate private equity firm. GET IN TOUCH WITH PAUL : www.wellingscapital.com EPISODE CHAPTERS: (0:00:00) - Diversification and Investing With Experts Paul Moore shares insights on diversification, working with top operators, and the current economy's impact on investments. (0:09:47) - Challenges and Opportunities in Interest Rates Challenges in real estate investment due to rising interest rates, reduced leverage, and shift towards preferred equity. (0:17:33) - Inflation, Economy, and Investing Options Inflation and interest rates may remain high, multifamily properties are resilient, and alternative assets are popular due to JOBS Act and social media. (0:30:37) - Investing and Fighting Human Trafficking Mixing market-rate and affordable housing increases asset appraisal, eliminates property taxes, and raises awareness for human trafficking. If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/ Artist: http://audionautix.com/  

Paul Moore is a returning guest to Real Estate Investing Abundance.   Paul has launched multiple investment and development companies.  He completed over 100 commercial and residential investments. He has appeared on HGTV, contributed to Fox Business, The Real Estate Guys Radio, and is a regular contributor to BiggerPockets.  He is the co-host of the wealth-building podcast, How to Lose Money.  Paul is the author of two publications: Storing Up Profits – Capitalizing on America's Obsession with Stuff by Investing in Self-Storage, and The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing.Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. Main Points:Tell us about your RV Park Special Report (released in January 2023). Why did your firm add RV Park investing to your portfolio? Why are multifamily investors turning to RV parks, self-storage, and mobile home parks for double-digit returns in this turbulent environment? Tell us why you're passionate about generating funding to fight human trafficking and rescue its victims. Why is it important for investors, entrepreneurs, and executives to find their “big why”? Many investors are sitting on the sidelines right now. How is Wellings Capital navigating this economic downturn?Connect with Paul Moore: Get a free copy of our RV Park Special Report by going to our Resources Link at www.wellingscapital.com/resourcespaul@wellingscapital.com

Russell Gray is the co-host of the Real Estate Guys Radio show, now in its 26th year. On today's show we are talking about the current monetary environment and the risks inherent in today's FIAT currency based system. To connect with Russ or to learn more about the upcoming 22nd annual Investor Summit at Sea, send an email to summit@realestateguysradio.com, or visit realestateguysradio.com ----------------- Host: Victor Menasce email: podcast@victorjm.com

This week, Rachel and Andrea will delve into the 8 forms of "Capital" and explore how investing holistically can lead to personal fulfillment. They emphasize the importance of building the other 7 forms of capital in one's life, beyond just financial capital, to truly achieve holistic prosperity. Tune in to today's episode to enrich your life and boost your finances with the knowledge of these 8 forms of capital. Andrea and Rachel first learned about the 8 forms of capital from Robert Helms of Real Estate Guys Radio. –– Explore our brand new 3-in-1 Net Worth Assessment tool at: www.goodgoodinvesting.com Join our meetup group! https://www.meetup.com/the-passive-investors-network-with-goodgood-investing/ –– **Under no circumstances should any material at this site be used or considered as an offer to sell or a solicitation of any offer to buy an interest in any investment. Any such offer or solicitation will be made only by means of the Confidential Private Offering Memorandum relating to the particular investment. Access to information about the investments are limited to investors who either qualify as accredited investors within the meaning of the Securities Act of 1933, as amended, or those investors who generally are sophisticated in financial matters, such that they are capable of evaluating the merits and risks of prospective investments. You should always consult certified professionals before making decisions regarding your individual financial situation. Rachel Grunn and Andrea Cwik are not financial professionals, and GoodGood Investing is not a brokerage, dealer, or SEC-registered investment advisory firm**

Download my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflation Today's guest is Mauricio Rauld. He is the founder and CEO of Premier Law Group and spends 100% of his practice on syndications for real estate investors. With almost 20 years of securities experience, Mauricio specializes in Reg D exempt offerings and educates investors from around the world on how to navigate the complex world of securities laws. Mauricio is an experienced real estate syndication attorney who helps syndicators and those interested in tokenizing their real estate offerings stay compliant with federal and state securities laws, and has been recognized as a "Rising Star" by Super Lawyers magazine and a Top 100 Attorney by the Top 100 Magazine. He heads up his firm's security token offerings practice with over 22 years of securities experience. Mauricio educates real estate investors about syndication law and speaks at events across the US. He's a regular guest on popular podcasts such as The Real Estate Guys Radio, The Lifetime Cashflow through Real Estate, and The Ken McElroy Podcast. Robert Helms, one of the hosts of The Real Estate Guys Radio, personally knows him as his attorney. In today's episode, Mauricio explains the syndication attorney's role in real estate, advising passive investors on deal considerations and the importance of an experienced operator and team. He also offers tips for new passive investors. Tune in for insights from Mauricio on real estate syndication and making informed investment decisions. Don't miss out! 00:59 - Guest Introduction: Mauricio Rauld 02:01 - Mauricio's background 03:40 - Why disclosure documents are so big 05:50 - Changes and their effect on non-accredited investors 11:39 - Areas to consider as a passive investor 14:36 - Multifamily now and the legal side of it 19:07 - New deals or in a standstill? 20:01 - Other deals around real estate 21:28 - What to look for in an operator and their team 25:03 - Tips for passive investors 26:53 - Wrap up 28:24 - Outro Connect with the Guest: Website:https://www.premierlawgroup.net/ Linkedin: https://www.linkedin.com/in/mauricio-rauld-esq-b2929870 Youtube: https://www.youtube.com/channel/UCnPedp0WHxpIUWLTVhNN2kQ Instagram: https://www.instagram.com/mauriciorauld/?hl=en Facebook: https://www.facebook.com/MauricioJRauld/ #passiveinvesting #syndication #legal

We have Paul Moore, Founder of and Managing Partner of Wellings Capital, a real estate private equity firm, back on our show to discuss RV Park Investing, another potentially lucrative commercial real estate investment asset class. Also on this episode, Paul talks about his next book on Warren Buffet, value investing and its relationship to real estate. Paul has launched multiple investment and development companies, appeared on HGTV and has completed over 100 commercial and residential investments and exits. He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live shows, recorded video, and blog content. Paul also co-hosted a wealth-building podcast called How to Lose Money and he's been featured on over 200 podcasts. Paul is the author of Storing Up Profits – Capitalize on America's Obsession with Stuff by Investing in Self-Storage and The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing.

For today's episode, our panelists talk about today's financial system; What's wrong with it and how to fix it. Jay Martin is the Host of the Jay Martin Show and CEO of Cambridge House. His conference business gives him unique access to thought leaders from all over the world. He shares investment advice and lessons he receives in his newsletters, videos, and podcast. Russell Gray co-hosts The Real Estate Guys Radio and TV Show. He is a financial strategist with a background in financial services dating back to 1986. As a faculty member for the California Association of Realtors, Russ taught Real Estate Finance to Realtors® pursuing the prestigious GRI designation. He is a popular speaker and author. Brien Lundin serves as president and CEO of Jefferson Financial, Inc., a highly regarded producer of investment-oriented events and publisher of investment newsletters and special reports. Under the Jefferson Financial umbrella, Mr. Lundin serves as publisher and editor of Gold Newsletter, the publication that has been the cornerstone of precious metals advisories since 1971, and as the host of the annual New Orleans Investment Conference, the oldest and most respected investment event of its kind. Tune in as they share their knowledge on the current state of the financial system, the challenges they see, components and its purpose, how we can better educate ourselves to face the challenges ahead, and the possibility to “end the Fed” and what that might look like if it does happen. The great reset may be closer than we think so definitely check this episode out. 01:34 - Guest Introduction: Jay Martin, Rusell Gray, and Brien Lundin 02:55 - One large challenge that you see in the financial system 08:53 - What are the basic components and purposes of the financial system? 10:57 - The Federal Reserve was a big reset 12:41 - Is the Fed going to keep raising interest rates so something breaks? 14:18 - What are some things people should do to learn more about this? 30:12 - Is it possible to end the Fed? 49:16 - What do you see coming next for currencies? 59:43 - Tribe and education Connecting with the Guest: Jay Martin Linkedin: https://www.linkedin.com/in/jay-martin-66257a37/?originalSubdomain=ca Youtube: https://www.youtube.com/c/cambridgehouseintl1 Website: https://cambridgehouse.com/ Russell Gray Linkedin: https://www.linkedin.com/in/russellwgray/ Website: https://realestateguysradio.com/ Brian Lundin Linkedin: https://www.linkedin.com/in/brien-lundin-b37a4819/ Website: https://jeffersoncompanies.com/ #financialsystem #goldstandard #currency

After a stint at Ford Motor Company, Paul co-founded a staffing firm where he was2xFinalist forMichiganEntrepreneur of the Year. After selling to a publicly traded firm, Paul began investing in real estate. He launched multiple investment and development companies, appeared on HGTV, and completed over100 commercial and residential investments and exits. He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live shows, recorded video, and blog content. Paul also co-hosted a wealth-building podcast called How to Lose Money and he's been featured on over 200 podcasts. Paul is the author of Storing Up Profits–Capitalize on America's Obsession with Stuff by Investing in Self-Storage(BiggerPockets Publishing 2021) and The Perfect Investment–CreateEnduring Wealth from the Historic Shift to Multifamily Housing. Paul is theFounder and Managing Partner of Wellings Capital, a real estate private equity firm.Connect with Paul:Email: paul@wellingscapital.comWebsite: wellingscapital.comPhone: 1-800-844-2188Twitter handle: paulmooreinvesRich State of Mind Links:Website: www.richstateofmind.comJoin our email list to know our services and our prize giveaways:  https://sendfox.com/richstateofmind1Youtube: https://www.youtube.com/channel/Instagram : @richstateofmindpage and @rich_invests_Podcast links: https://linktr.ee/anthanerichiePlease like and subscribe to our channel.See our cool wealth building and real estate T-shirt designs in the links below :Rich State of Mind Store : https://bit.ly/RichState5 episodesSupport the show

After a stint at Ford Motor Company, Paul co-founded a staffing firm where he was2xFinalist forMichiganEntrepreneur of the Year. After selling to a publicly traded firm, Paul began investing in real estate. He launched multiple investment and development companies, appeared on HGTV, and completed over100 commercial and residential investments and exits. He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live shows, recorded video, and blog content. Paul also co-hosted a wealth-building podcast called How to Lose Money and he's been featured on over 200 podcasts. Paul is the author of Storing Up Profits–Capitalize on America's Obsession with Stuff by Investing in Self-Storage(BiggerPockets Publishing 2021) and The Perfect Investment–CreateEnduring Wealth from the Historic Shift to Multifamily Housing. Paul is theFounder and Managing Partner of Wellings Capital, a real estate private equity firm.Connect with Paul:Email: paul@wellingscapital.comWebsite: wellingscapital.comPhone: 1-800-844-2188Twitter handle: paulmooreinvesRich State of Mind Links:Website: www.richstateofmind.comJoin our email list to know our services and our prize giveaways:  https://sendfox.com/richstateofmind1Youtube: https://www.youtube.com/channel/Instagram : @richstateofmindpage and @rich_invests_Podcast links: https://linktr.ee/anthanerichiePlease like and subscribe to our channel.See our cool wealth building and real estate T-shirt designs in the links below :Rich State of Mind Store : https://bit.ly/RichState5 episodesSupport the show

The Investor Relations Real Estate Podcast Episode 108 - The Perfect Investment Is NOT Perfect If…Host: Jonny Cattani Guest: Paul MooreProducer: April MunsonJonny Cattani is joined by Paul Moore to discuss: Self Storage and Passive InvestingAfter a stint at Ford Motor Company, Paul co-founded a staffing firm where he was 2x Finalist for Michigan Entrepreneur of the Year. After selling to a publicly traded firm, Paul began investing in real estate. He launched multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits.He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live shows, recorded video, and blog content. Paul also co-hosted a wealth-building podcast called How to Lose Money and he's been featured on over 200 podcasts. Paul is the author of Storing Up Profits – Capitalize on America's Obsession with Stuff by Investing in Self-Storage (BiggerPockets Publishing 2021) and The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing. Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. Linked material referenced during the show: Book: The Circle Series - Ted Dekker, Jay Papasan https://www.amazon.com/Complete-Circle-Black-White-Green/dp/B08GNLNMHZ/ref=sr_1_1?crid=EG553CUFLSCO&keywords=the+circle+series+ted+dekker&qid=1661866953&sprefix=the+circle+seri%2Caps%2C94&sr=8-Connect with Paul!Email: paul@wellingscapital.comWebsite: https://www.wellingscapital.com/podcastLinkedin: https://www.linkedin.com/in/paul-moore-3255924/Facebook: https://www.facebook.com/wellingscapitalCall: 1-800-844-2188Connect with Jonny!Cattani Capital Group: https://cattanicapitalgroup.com/Invest with us: invest@cattanicapitalgroup.comLinkedIn: https://www.linkedin.com/in/jonathan-cattani-53159b179/Jonny's Instagram: https://www.instagram.com/jonnycattani/IRR Podcast Instagram: https://www.instagram.com/theirrpodcast/TikTok:https://www.tiktok.com/@jonnycattani?lang=enYouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9keABhJzt0AFacebook: https://www.facebook.com/jonathan.cattani.1

Investing in self-storage is a smart idea that can provide you with a lot of good benefits and experiences. But, with many different factors involved, it's hard to know where to start and what you need to do before (or after) making an investment. This is your opportunity to learn as Paul Moore of Wellings Capital will share the do's and don'ts of self-storage that everyone should be aware of. After a stint at Ford Motor Company, Paul co-founded a staffing firm where he was a two-time finalist for Michigan Entrepreneur of the Year. After selling to a publicly traded firm, Paul began investing in real estate. He founded multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits. He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live video and blog content. Paul also co-hosted a wealth-building podcast called How to Lose Money and he has been a featured guest on over 200 podcasts. Paul is a three-time real estate author and BiggerPockets recently published his new book called Storing Up Profits - Capitalize on America's Obsession with Stuff by Investing in Self-Storage. Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. Wellings Capital designates a portion of its profits to thwart human trafficking and rescue its victims.  In this episode, Dave and Paul talk about… The story about what was Paul's exposure to money and investing as he was growing up? How did Paul start investing? His opinion about what achieving freedom is? When is someone financially free? Benefits of Self storage What point do you consider moving on from Self storage? How to get into commercial real estate? What is the most dangerous time to invest in self-storage? Resources Mentioned: Website: Wellings Capital Locum Story Books: The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing by Paul Moore Storing Up Profits: Capitalize on America's Obsession with STUFF by Investing in Self-Storage    For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration. The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm's views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss. Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.

Today, let's talk about real assets and real relationships, Wall Street investing versus Main Street investing, and the concept of syndications with Russel Gray. Real estate is a real asset. It's as tangible and physical as gold, oil, and other things people use and depend on in the real world. On the other hand, owning a share of stocks, bonds, or mutual funds are claims on wealth, but they're not real wealth. So, invest in essential things to build a resilient real asset portfolio. And if you want to scale faster, invest in real people and unlock private capital. Don't Miss this year's Secrets of Successful Syndication on September 16th-17th! Sign up here: https://ap216.isrefer.com/go/soss-mccallen/A00118/ Key Points from This Episode: Russel defines real assets. Real estate is tangible. Stocks, bonds, or mutual funds are claims on wealth but they aren't real wealth. When times are tough economically, investors must focus on things that are real and essential. Housing combined with leveraged debt is the foundation of a resilient real asset portfolio. Russel talks about an instance when he lost control of his debt which resulted in losing control of the real estate. Russel wrote a book entitled, “How to Hedge Against a Falling Dollar.” How to multiply the purchasing power of your cash. What is one characteristic Russel looks for in a business partner? Russel shares how he and Robert Helms met and the backstory of The Real Estate Guys podcast. A special gift for Capital Hacking listeners! Wall Street investing vs. Main Street investing. Main Street investing is more personal. It has a small-town feel. Russel talks about the syndication business. When you create a syndication business, pick your advisory team well, even if you have to pay more. The syndication business is in dire need of ethical competent operators. People think it's hard to go big. But it's actually hard to be small. When you're small, you don't have economies of scale. The market is so big, there's plenty of room for everyone. Russel explains the concept of syndication. In Wall Street investing, Wall Street funnels down the money to Main Street by originating loans. The money comes from Main Street, goes through Wall Street, and comes back down to Main Street. Main Street investors can invest directly in Main Street real estate projects through a capital aggregator or the syndicator. A syndicator is like a banker without the regulation. Where would Russel invest if he were to invest in the future? Russel's tips on how to pick a market. About Russel Gray Russell Gray is Robert's sidekick on The Real Estate Guys™ Radio and TV Shows. Russ is a financial strategist with a background in financial services dating back to 1986. As a faculty member for the California Association of Realtors, Russ taught Real Estate Finance to Realtors® pursuing the prestigious GRI designation. He is a popular speaker and author. Robert and Russ have co-authored the very highly rated book Equity Happens. The Real Estate Guys Radio Show is an investment talk program broadcasting on conventional radio 1997. The podcast version is heard in over 180 countries. Notable past guests include Steve Forbes, Robert Kiyosaki, Donald Trump, Peter Schiff and a variety of industry leaders and subject matter experts.

Syndication Made Easy with Paul Moore After a stint at Ford Motor Company, Paul co-founded a staffing firm where he was two-time finalist Michigan Entrepreneur of the Year. After selling to a publicly traded firm, Paul began investing in real estate. He founded multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits. He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live video and blog content. Paul also co-hosted a wealth-building podcast called How to Lose Money and he has been a featured guest on over 200 podcasts. Paul is a three-time real estate author and BiggerPockets recently published his new book called Storing Up Profits - Capitalize on America's Obsession with Stuff by Investing in Self-Storage. Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. Wellings Capital designates a portion of its profits thwart human trafficking and rescue its victims. https://www.wellingscapital.com/resources Don't forget to head over to iTunes to subscribe, rate, and leave a review. It's very much appreciated. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/invest/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ Claim your FREE copy of The #1 Top Seller in Commercial Investing: http://apartmentsyndicationmadeeasy.com/ ------------------------------------------------

Syndication Made Easy with Paul Moore After a stint at Ford Motor Company, Paul co-founded a staffing firm where he was two-time finalist Michigan Entrepreneur of the Year. After selling to a publicly traded firm, Paul began investing in real estate. He founded multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits. He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live video and blog content. Paul also co-hosted a wealth-building podcast called How to Lose Money and he has been a featured guest on over 200 podcasts. Paul is a three-time real estate author and BiggerPockets recently published his new book called Storing Up Profits - Capitalize on America's Obsession with Stuff by Investing in Self-Storage. Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. Wellings Capital designates a portion of its profits thwart human trafficking and rescue its victims. https://www.wellingscapital.com/resources Don't forget to head over to iTunes to subscribe, rate, and leave a review. It's very much appreciated. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/invest/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ Claim your FREE copy of The #1 Top Seller in Commercial Investing: http://apartmentsyndicationmadeeasy.com/ ------------------------------------------------

Syndication Made Easy with Paul Moore After a stint at Ford Motor Company, Paul co-founded a staffing firm where he was two-time finalist Michigan Entrepreneur of the Year. After selling to a publicly traded firm, Paul began investing in real estate. He founded multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits. He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live video and blog content. Paul also co-hosted a wealth-building podcast called How to Lose Money and he has been a featured guest on over 200 podcasts. Paul is a three-time real estate author and BiggerPockets recently published his new book called Storing Up Profits - Capitalize on America's Obsession with Stuff by Investing in Self-Storage. Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. Wellings Capital designates a portion of its profits thwart human trafficking and rescue its victims. https://www.wellingscapital.com/resources Don't forget to head over to iTunes to subscribe, rate, and leave a review. It's very much appreciated. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ Claim your FREE copy of The #1 Top Seller in Commercial Investing: http://apartmentsyndicationmadeeasy.com/ ------------------------------------------------

Jim talks with Paul Moore about value add case studies in self storage. ======================== About Paul Moore Website: www.wellingscapital.com Book: Storing Up Profits: Capitalize on America's Obsession with STUFF by Investing in Self-Storage https://amzn.to/3a3Dmoc Paul has founded multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits. He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live video and blog content. Paul also co-hosted a wealth-building podcast called How to Lose Money and he has been a featured guest on over 200 podcasts. Paul is a three-time real estate author and BiggerPockets recently published his new book called Storing Up Profits - Capitalize on America's Obsession with Stuff by Investing in Self-Storage. Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. Wellings Capital designates a portion of its profits to thwart human trafficking and rescue its victims. ======================== Jim Ross - The Self Storage Show & 3 Mile Storage Management Free 30 Minute Consult with Jim Ross of 3 Mile Storage Management ****In this free 30 minute consult, I have 30 minutes to find 3 ways I would increase your leads, rentals, and revenue for your self storage business! https://calendly.com/jimross/3milestoragemanagement The Ultimate Self Storage Management Playbook! This is the Most Incredible Free Gift Ever...Designed To Increase Leads, Rentals, and Revenue For Your Self Storage Business! https://www.3milestorage.com ======================== Connect With Me Facebook Community: https://www.facebook.com/groups/selfstoragecommunity Website: https://3milestorage.com/ Podcast: https://podcasts.apple.com/us/podcast/the-self-storage-show-with-jim-ross/id1387362783 LinkedIn: https://www.linkedin.com/in/selfstorageservices/ YouTube: https://www.youtube.com/channel/UC2bGLy48wzIus-1ncSNVM6g ======================== About Jim Ross I started out in the self storage industry as a self storage manager. I moved up and became a district manager. Eventually after many years in the self storage industry I knew I could use my knowledge and expertise to help owners skyrocket the value of their self storage investments. That lead me to create 3 Mile Storage Management. 3 Mile Storage Management offers self storage property management solutions for self storage facility owners that want to dominate their local 3 mile market. I enjoy proving value to the self storage industry through speaking at industry events, putting together virtual summits, hosting The Self Storage Show podcast, weekly newsletter and compiling much of the content and online events I've done into the The Ultimate Self Storage Management Playbook.

Our guest today is Mauricio Rauld, Founder and CEO of Premier Law Group, a premier boutique securities law firm where he also acts as one of the syndication attorneys who help real estate syndicators to raise the capital to pursue their dreams of financial independence. As a nationally recognized expert on private placements, he works with elite entrepreneurs who seek to increase and protect their wealth through syndications. Mauricio specializes in Reg D exempt offerings and educates investors from around the world on how to navigate the complex world of securities laws. He is also a regular contributor to The Real Estate Guys™ Radio show (consistently one of the most downloaded podcasts on real estate investing) and is Robert Helms' advisor.Key Points From This Episode:*Mauricio shares takeaways from his last week's "Real Estate Syndicator Live" related to new and current accredited investor rules updates and new SEC definitions & what's coming pipeline.*SEC Expands Definition of Accredited InvestorHe says “SEC" has already passed a final rule (2020) expanding the definition of Accredited Investor, allowing individuals to get certified by passing an exam. The Problem is, as of today, no one has yet been certified to award these Accredited examinations and so we continue to wait for the SEC to release the Certified companies and what exactly the requirements will be.”Recent rumors in the SEC circles have the SEC increasing the current $1,000,000 net worth requirement. A recent Bloomberg headline insinuated that the level could be as high as $10,000,000. His thoughts are that an eventual increase by the SEC makes sense. The original $1,000,000 threshold was passed in 1982 and adjusted for inflation, this number is closer to $3,000,000 today. Mauricio more talks about DO'S & DON'Ts about funds of funds (FOF), to be aware of investor advisory rules, and different state exemptions rules.He shares more information on 1031 &  limitations on the tax side as per the IRS Revenue procedure code.Tweetables“It's not the state where your investors are located, it's not the state your LLC is set up in, it's where you technically advise your funds, usually its state where you reside…….. ”@Mauricio_Rauld  “Big one is that You must distribute the profits from the venture proportionately if your 1031 investor owns 10% of property & syndicator owns 90% you can't do preferred returns …………”@Mauricio_Rauld  Today's Show Sponsor :Garzella/Multifamily Risk Advisors https://garzellagroup.com/

Today's episode introduces you to everything you need to know about self storage investing, a potentially highly lucrative commercial real estate investment strategy. Our expert guest is Paul Moore, a serial entrepreneur and real estate authority. Paul has launched multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits. He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live shows, recorded video, and blog content. Paul also co-hosted a wealth-building podcast called How to Lose Money and is the author of Storing Up Profits – Capitalize on America's Obsession with Stuff by Investing in Self-Storage (BiggerPockets Publishing 2021), as well as The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing. Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm.

Jim interviews Paul Moore from Wellings Capital and author of Storing Up Profits - Capitalize on America's Obsession with Stuff by Investing in Self-Storage ======================== About Paul Moore Website: www.wellingscapital.com Book: Storing Up Profits: Capitalize on America's Obsession with STUFF by Investing in Self-Storage https://amzn.to/3a3Dmoc Paul has founded multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits.   He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live video and blog content.  Paul also co-hosted a wealth-building podcast called How to Lose Money and he has been a featured guest on over 200 podcasts.  Paul is a three-time real estate author and BiggerPockets recently published his new book called Storing Up Profits - Capitalize on America's Obsession with Stuff by Investing in Self-Storage.  Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. Wellings Capital designates a portion of its profits to thwart human trafficking and rescue its victims.  ======================== Jim Ross - The Self Storage Show & 3 Mile Storage Management The Ultimate Self Storage Management Playbook! This is the Most Incredible Free Gift Ever...Designed To Increase Leads, Rentals, and Revenue For Your Self Storage Business! https://www.3milestorage.com Click Here To Schedule A Time To Discuss 3 Mile Storage Management Services  https://calendly.com/jimross/3milestoragemanagement ======================== Connect With Me Facebook Community: https://www.facebook.com/groups/selfstoragecommunity Website: https://3milestorage.com/ Podcast: https://podcasts.apple.com/us/podcast/the-self-storage-show-with-jim-ross/id1387362783 LinkedIn: https://www.linkedin.com/in/selfstorageservices/ YouTube: https://www.youtube.com/channel/UC2bGLy48wzIus-1ncSNVM6g ======================== About Jim Ross I started out in the self storage industry as a self storage manager.  I moved up and became a district manager.  Eventually after many years in the self storage industry I knew I could use my knowledge and expertise to help owners skyrocket the value of their self storage investments.  That lead me to create 3 Mile Storage Management.   3 Mile Storage Management offers self storage property management solutions for self storage facility owners that want to dominate their local 3 mile market.  I enjoy proving value to the self storage industry through speaking at industry events, putting together virtual summits, hosting The Self Storage Show podcast, weekly newsletter and compiling much of the content and online events I've done into the  The Ultimate Self Storage Management Playbook.

Paul co-founded a staffing firm where he was 2x Finalist for Michigan Entrepreneur of the Year. After selling to a publicly traded firm, Paul began investing in real estate. He has contributed to Fox Business and The Real Estate Guys Radio. Paul is the author of Storing Up Profits – Capitalize on America's Obsession with Stuff by Investing in Self-Storage and The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing. Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. Here's some of the topics we covered: The Different Kinds of Investing Mobile Home Asset Class The Advantages of Mobile Home Multifamily Having VA's Work To The Team's Success The Disadvantages of Mobile Home Parks Financing A Mobile Home Park Having Success In Self Storage To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com  Please Review and Subscribe  

ABOUT PAUL MOORE:Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. He founded multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits. He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live video and blog content. He is also a co-host of a wealth-building podcast called How to Lose Money and a three-time real estate author.  THIS TOPIC IN A NUTSHELL:[02:11] Why does Paul love mobile home parks[03:37] Intrinsic value of self-storage[04:33] How they found the deal[08:34] How to partner with Tenants/owners[09:25] Managing utility bills [09:50] Reducing overall expenses[10:45] Value add formula done to the property[15:53] Leasing out mobile homes [17:51] Tax benefits of mobile home parks[20:04] Best way to reach out to Paul Moore  KEY QUOTE: “Mobile home parks had been tied with the best investment I have ever made. I mean you if lease mobile homes out, you'll gonna likely be so sorry but if you leased out dirt which is the mobile home park to the tenants, it's a very high potential profit.”      SUMMARY OF BUSINESS:Wellings Capital is a real estate private equity firm that manages a number of investment funds. We work with accredited investors and provide diversification across self-storage and mobile home park assets. Wellings Capital designates a portion of its profits to thwart human trafficking and rescue its victims.  ABOUT THE WESTSIDE INVESTORS NETWORK     TheWestside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.      The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.                 #realestate #realestateinvesting #realty #passiveincome #investing #realestateinvestor #investor #investments #properties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #motivation #mindset #success #entrepreneur #commercialrealestate #multifamily #realestategoals #cashflow #rentalproperty #investing101 #financialfreedom #passivewealth #author #passiveopportunity #mobiehomepark #mobilehomes #selfstorage #selfstoragefacility       CONNECT WITH PAUL MOORE:   Email: paul@wellingscapital.comWebsite: https://www.wellingscapital.com/LinkedIn: https://www.linkedin.com/in/paul-moore-3255924/BiggerPockets: https://www.biggerpockets.com/users/paultmooreTwitter: @PaulMooreInvestInstagram: @paulmooreinvest    CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/         For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties     Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork    

ABOUT PAUL MOORE:Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. He founded multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits. He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live video and blog content. He is also a co-host of a wealth-building podcast called How to Lose Money and a three-time real estate author. THIS TOPIC IN A NUTSHELL:[01:36] Paul's career background[03:07] What inspired him to write a book?[04:50] How did DST emerge and why?[06:12] Advantages of DST[9:00] What is Tenant in common? (TIC)[10:21] How is DST different from TIC[12:18] Why value-add is not suitable with the DST asset type?[13:46] DST compared to Syndication[15:39] Multifamily for DST[16:50] Creating the process of DST[18:31] Downsides for the operator [20:43] What happens at the end of DST? [24:05] How can you find DST deals and people who are doing it? [25:18] SEC rules regarding advertising[30:35] Which goes first, the deal or the structure?[31:28] Differences in requirements for debt on DSTs [34:54] Biggest benefits and drawbacks of DSTs[38:25] Advice to his 25-year-old self[40:07] Why jump into commercial real estate?[41:03] First entrepreneurial endeavor[43:04] Formal and informal training that shaped his journey[44:43] Biggest mistake and what he learned from it[47:15] Best way to reach out to Paul  KEY QUOTES:[08:20] We found out that it is a place where it can receive 1031 funds but is actually managed by a professional. It's basically a way to get mailbox money but keep your 1031 going. So, that's a DST and that's why they exist. [35:01] The biggest benefit of DSTThe biggest benefit for investors is keeping their 1031 ball and running, keeping that capital gain, and hopefully a swap till you drop. Also, having a passive investment opportunity, investors get 100% appreciation and don't have to take on debt. It's really for people who want stable predictable returns. [38:46] Speculating vs. Investing When you're investing your principal is generally safe and you've got a chance to make a return, speculating is when your principal is not at all safe and you've got a chance to make a return. The first Nobel prize winner of economics from the US said that “if you want to have fun investing, you're probably not investing, you're probably gambling. “  [40:07] Residential is great but Commercial real estate is much more scalable. Tax benefits are unbelievably amazing as a Syndicator or as a Fund manager and the opportunity to scale is so much better. Most of the Forbes wealthiest people in America are investing in Commercial real estate. There must be a reason why.   SUMMARY OF BUSINESS:Wellings Capital is a real estate private equity firm that manages a number of investment funds. We work with accredited investors and provide diversification across self-storage and mobile home park assets. Wellings Capital designates a portion of its profits to thwart human trafficking and rescue its victims.   ABOUT THE WESTSIDE INVESTORS NETWORK     TheWestside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.      The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.                 #realestate #realestateinvesting #realty #passiveincome #investing #realestateinvestor #investor #investments #properties #realestateinvestment #business #REinvesting #beyourownboss #entrepreneurlife #motivation #mindset #success #entrepreneur #commercialrealestate #multifamily #CRE #CREinvesting #realestategoals #cashflow #rentalproperty #investing101 #financialfreedom #passivewealth #author #DST #delawarestatutorytrust #1031exchange #swapanddrop #syndication #tenantincommon #brokerdealers #owneroperator #prosandcons #passiveopportunity         CONNECT WITH PAUL MOORE:   Email: paul@wellingscapital.comWebsite: https://www.wellingscapital.com/LinkedIn: https://www.linkedin.com/in/paul-moore-3255924/BiggerPockets: https://www.biggerpockets.com/users/paultmooreTwitter: @PaulMooreInvestInstagram: @paulmooreinvest     CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/         For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties     Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork  

Russell Gray is co-host of The Real Estate Guys™ radio show. An avid student of economics with a diverse background in business, investing, mortgage and financial services, Russ brings unique and practical insights to help entrepreneurial investors grow and protect their wealth and income through real estate and real asset investing.  For resources Russell mentioned, email ellis@therealestateguysradioshow.comFollow our guest: Instagram: https://www.instagram.com/therealestateguys/ https://www.instagram.com/russellwgray/ Twitter: https://twitter.com/reguysradio https://twitter.com/russwgray---------------Are you interested in passively investing into multifamily real estate? Learn more about Symphony Capital Group and investing alongside Ellis at www.symphonycapitalgroup.comWant to follow Ellis on social media?...TwitterLinkedinYoutube 

Today, I'm speaking with Russell Gray. Russ is a financial and business strategist, real estate investor, and co-host of The Real Estate Guys™ Radio and TV Shows, which has been broadcasting weekly since 1997. The podcast version of the show has thousands of episodes and has been downloaded over 15 million times. Russ is an expert on the subjects of investment strategy, finance and real estate investment planning, and has consulted with hundreds of investors on their personal financial strategies. He's also the co-author of Equity Happens: Building Lifelong Wealth with Real Estate. In this episode, we talk about Investing in cash-flowing assets that protect you in a down economy, the differences between (inflation, deflation, stagflation, and shrinkflation), and why our current financial system is so broken! Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/75 Get the Lifestyle Investor Book! To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/book Rate & Review If you enjoyed today's episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, Stitcher, Castbox, Google Podcasts, iHeart Radio, or wherever you listen, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Justin Donald Facebook YouTube Instagram LinkedIn Twitter

Monick Halm is the founder of Real Estate Investor Goddesses. She is an educator and advocate for female real estate investors, and has a mission to help 1 million women achieve financial freedom through real estate. Monick is herself a real estate investor and syndicator, and owns, together with her investors, over 1000 rental doors across ten states. She is also a #1 bestselling author, podcast host, Real Estate Strategy Mentor, wife, and mother of three amazing kids.   Let's dive into her story! [00:01 - 10:48] Opening Segment Monick lived the dream in theory A ruptured appendix was like winning the lottery Her corporate litigator job was literally killing her A corporate job can't buy a home in LA Monick started house hacking An accidental landlord A corporate job can't buy a home in LA   [10:49 - 13:49] How to get traction in a year Be around people who think big Learning all in about syndications 2 passive and 3 active deals   [13:50 - 18:00] You can have more equity in Real Estate Plant and replant Recycling money Pulling out fruits and planting seeds How does cash out refi works Doing a rinse and repeat method   [18:01 - 24:46] Why women can gain income in Real Estate Women are financially disadvantaged Bridging the wealth gap and closing the investment gap Imagine how disregarded these women of different race Why is Real Estate the solution to the gaps    [24:47 - 30:17] Closing Segment The 4 Myths of Real Estate Final Words Connect with my guest, Monick, in the links below   Tweetable Quotes "I went out to dinner with my friend and Robert Helms, the host of Real Estate Guys Radio podcast, and a 10 minute conversation with him changed my life. It hadn't occurred to me until that moment that there was another option to do Real Estate.” - Monick Halm   "I wanna be around people who think that.100 or 200 units is normal, because until that moment, many people thought that a four-plex was a big deal. I need to be around people who are thinking that big.” - Monick Halm   "Real Estate is the best way to erase those gaps.” - Monick Halm   "When you empower the women financially, they will take care of everyone else. It is the shortcut to empowering everyone.” - Monick Halm ------------------------------------------------------------------------   Connect to Monick: Check out her website: https://www.realestateinvestorgoddesses.com/ Shoot her an email at monick.halm@gmail.com   WANT TO LEARN MORE?   Connect with me through LinkedIn   Or send me an email sujata@luxe-cap.com   Visit my website www.luxe-cap.com or my YouTube channel   Thanks for tuning in!     If you liked my show, LEAVE A 5-STAR REVIEW, like, and subscribe!

Welcome to the Real Estate (Un) Success Stories podcast where we feature people from the real estate community, sharing real stories about their struggles, pains, and even losses during their own real estate journey.       In this episode, our host Cody Lewis has an insightful conversation with Attorney Mauricio Rauld. Mauricio is the founder and CEO of Premier Law Group, a premier boutique securities law firm. As a nationally recognized expert on private placements, Mauricio works with elite entrepreneurs who seek to increase and protect their wealth through syndications. He specializes in Reg D exempt offerings and educates investors from around the world on how to navigate the complex world of securities laws. Known for taking complex matters and making them simple to understand, Mauricio is sometimes, jokingly, referred to as one of the few lawyers who actually speaks English.       Regularly traveling around the U.S. as a noted speaker to business groups, Mauricio is also as regular contributor to The Real Estate Guys™ Radio show (consistently one of the most downloaded podcast on real estate investing) and is Robert Helms' personal advisor.         Key Takeaways:   Entrepreneurs and small business owners, make sure to get your personal affairs in order. Do you have an estate plan setup? Consider using a specialized attorney who knows the laws in your local area.       Thanks for listening to The Real Estate (Un)Success Stories podcast.  Help someone hear the challenges we went through so they can avoid the same mistake by sharing this episode or listen to our previous episodes. Please don't forget to leave a review and 5-star rating on your favorite podcasting platform.         Vendue Capital is on the Web and, you can connect with our host, Cody Lewis on LinkedIn.       Production services for The Real Estate (Un)Success Stories podcast are provided by Downtown Podcasting. To start a conversation on how you can have a podcast, simply send an email to info@downtownpodcasting.com.

In the sixty- fourth episode of Collecting Real Estate, we interviewed Paul Moore from Wellings Capital.After a stint at Ford Motor Company, Paul co-founded a staffing firm where he was two-time finalist for Michigan Entrepreneur of the Year. After selling to a publicly traded firm, Paul began investing in real estate. He founded multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits.He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to BiggerPockets, producing live video and blog content. Paul also co-hosted a wealth-building podcast called How to Lose Money and he has been a featured guest on over 200 podcasts. Paul is a three-time real estate author and BiggerPockets recently published his new book called Storing Up Profits- Capitalized on America's Obsession with Stuff by Investing in Self-Storage. Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. Wellings Capital designates a portion of its profits to thwart human trafficking and rescue its victims.

Paul Moore is an amazing contributor to BiggerPockets. Paul has launched multiple investments and developed companies appearing on HGTV and completed over 100 commercial & residential investments & exits in Real Estate. He has contributed in Fox business and Real Estate Guys™ Radio and is a regular contributor to BiggerPockets Producing live video and blog content. Paul also co-hosted wealth building podcast called “How to lose money” and  he has been featured on a number, over 200 at this point. Paul is a 3 time Real estate author. His new book is “Storing Up Profits: Capitalize on America's Obsession with STUFF by Investing in Self-Storage Paperback” In this episode we talked about: Paul's Bio & Background Entering Commercial & Multifamily Space Going Vertical in Self-Storage Rent Control Breaking into Self-Storage Self-Storage Performance and Risks within the recent 2 years Dislocation Aspect Underwriting of the Deals Thoughts on 2022 Outlook Why it is important to find your BIG WHY Mentorship, Resources and Lessons Learned Useful links: https://www.wellingscapital.com/resources https://podcasts.apple.com/nl/podcast/the-biggest-opportunities-in-real-estate/id1505750263?i=1000534008754&l=en Transcriptions:  So that's, that's what got me into real estate in the beginning. And then commercial, I ended up building a multifamily and operating it in the buckin oil rush of North Dakota. It was a multifamily quasi hotel. We did that for years. It was a lot of fun.   Jesse (4m 34s): That's great. So you, like, I'm not dissimilar from, from some stories and multifamily is you started with these properties, realize that you can make a dollar to two going that way. And then at what point did you end up going into the commercial space or the multi red space?   Paul (4m 50s): Yeah, so that was 20. So in 2010 we threw a bunch of friends and I threw over a million dollars to the bottom of a hole in the ground expecting about 50 times as much oil to come back out and nothing came out. And so I don't think we, I can almost certainly say we didn't think it through as well as it might sound now, but we thought, well, who made money in the gold rush? Well, those who sold the picks and shovels. So we noticed that there was a massive, massive housing shortage in North Dakota. I mean, like 10 or 20,000 people in a town of 3000, you know, sleeping in their trucks.   So we created this multifamily, which, which we ran as a, you know, sort of an extended stay hotel in 2011. And that was our entree in. And I ended up writing a book on multifamily about five years later and I was off to the races.   Jesse (5m 42s): Yeah, fair enough. I'm sure the, the Western Canadians can, can appreciate the throwing money in a hole in terms of the, so that moved from initially in Detroit, working with Ford motor company, was there an inflection point in your career where you, you said, okay, I'm going to go with the real estate way and, and left, left the job, or was it something that you kind of did on the side and kind of transitioned to?   Paul (6m 6s): Yeah. So when we launched our company, when I left Ford in 92, 93, it was actually, we started a staffing firm and I had only done a couple real estate deals on the side during those years. And honestly I hated real estate on the side, but when I had a chance to go into it full time in 2000 after we sold our company, that was, I I've honestly loved it ever since. Fair enough.   Jesse (6m 35s): Okay. So moving on to, you know, you write this book on multifamily, we're talking today about storing up profits, the, the book I mentioned at the outset, what can you tell us for the, for the average investor that say, you know, I'll give you an example is, is invested in some real estate, maybe it's on the commercial end. Maybe you, you know, whether it's single family or whatever, pick your vertical and keeps hearing about self storage. You know, we hear it, we hear it up here, you know, in the Canadian context, our friends to the south, we hear it constantly being brought up.   I think I mentioned before we had Brandon Moore or Brandon Turner on talking about self storage, but for the average investor, how would you describe the self storage vertical?   Paul (7m 17s): Yeah, so we, you know, we'd beat our head up against the wall for years looking for multifamily. And as I, you probably didn't know I'm old or, and, but seriously, those watching her going, he's really old anyway, but seriously, we, we were w w we're more conservative every year, you know, that I get, and, you know, I wanted to focus on investing and not speculating after making some mistakes in that arena. Hence the podcast name, how to lose money, but we, you know, really felt like it was like we were at the risk of overpaying for multifamily.   And unlike you, we didn't have a great acquisitions team finding those under the radar deals. And we found out that there were 53,000 self storage facilities in the us. That's the same as subway McDonald's and Starbucks combined, but three out of four are run by independent operators. And half, two thirds of those are actually run by single facility owners, which is also known as mom and pop owners.   And these mom and pops typically. I mean, first of all, the cap rates have compressed so much in the last eight or 10 years that they've doubled the value of their facility. And many of them did that by doing nothing except maybe staying the way they were, which is sometimes not always, but sometimes kind of mediocre. And so the opportunity for a medium sized company to go in and buy these facilities with this incredible intrinsic value, which I'll get into in a few minutes is enormous.   And we hadn't seen anything like that in multifamily in a long time. So we transitioned from multifamily to self storage, and then eventually also adding mobile home parks in 2018. And it's just been great. I mean, here's a couple quick stats. I mean, a couple quick issues to consider one would be that, I mean, if I'm renting a thousand dollar a month apartment from you and you raise my rent 6%, I might leave rather than commit to another 60 bucks a month or $720 a year.   But if you are renting me a self storage facility or unit, I should say, and you raise my rent 6%, well, you know, if it's a hundred dollars a month going to 106, I'm probably not going to spend a weekend rent a U-Haul get my buddies together to move my junk. I mean, excuse me, my treasures down the street, just to save six bucks a month. And that's one of the reasons that prices are so inelastic. And what I mean by that is, you know, I mean, they typically users don't leave because you raise the price, especially since most of the tenants think, Hey, I'm only going to be here a few more months anyway, and it's a month to month lease.   Well, that month to month lease has another benefit. And that is, it allows us to capture inflation. Think about it. Imagine my, my friend who has an Amazon sorting facility and has a 20 year lease on it, what's going to happen. If inflation goes way up, well, he's already locked in, or the guy with the warehouse, you know, that rents it for 10 or 20 years or a medical building. But this allows you to capture inflation increases, you know, potentially as much as every month. So we love that. There's also a ton of value adds.   Now, Jesse, the first time I heard value add self storage, I literally laughed. I thought, what are we talking about here? Four pieces of sheet metal, some rivets, a floor and a door. How are we going to do value at where where's the pain? Where's the fake hardwood flooring, where's the bark park. You know, none of that was available. And I had no idea. There were a significant number of value adds in self storage. For example, adding you hall now, adding you hall can, you can put a U haul out in front of your facility and with no cap ex nothing out of pocket, you can generate between one and $5,000 a month in commission, let's say it's $3,000 a month.   That's $36,000 a year using the commercial value at, I mean the commercial value formula, you know, 36,000 a year divided by, let's say a 6% cap rate. That's a $600,000 increase in value just by setting up a U haul operation at your facility. You can also sell locks, boxes, tape scissors, other retail items. You can add late fees. You can throw out bad tenants.   A lot of these mom and pops have a lot of delinquency. We invested in one self storage facility in grand junction, Colorado that had 80% delinquency, 80% of the tenants weren't paying or were paying late. And so there's just a lot of stuff you can do. You can add boat and RV storage, which is really popular. These days, you can add temporary storage like those, you know, storage, those boxes, and you can, there's so much, you can do two. And when you, you know, when you add the value formula and then add a little bit of safe leverage, it can really, really juice investor returns.   Okay.   Jesse (12m 42s): So I have a couple questions to start with, but just, just so I understand that correctly on the value add thing. Cause I, I never heard that concept before, either in terms of, so for example, the U haul, you basically just like you would see some industrial sites with multiple tenants that UCLU haul truck onsite, basically. That would be you, you basically getting the income for having that URL there and having individuals that are, that are tenants of yours renting that, is that correct?   Paul (13m 11s): Yeah. It wouldn't have to be tenants. Basically. You've got to, hopefully you've got a great location with high visibility on a main road you better. And these you halls will be sitting out front. People would book them from your location. And then the one catch is you have to have an employee there to check them out, you know, to sign the paperwork. And then when they come back in to sweep it out. So if you already have an employee think about self storage, how up and down somebody's hours are. I mean, I can imagine them sitting there for hours watching the security screens and Netflix.   Well, you know, it's not really a huge increase in cost to do that, but you get commission from you hall for doing this.   Jesse (13m 50s): It also be fair to say let's loop in Canada. Let's just say Canada is a big state and where you would be similar to New Jersey, New York, California. And I think Maryland in terms of rent control, the ability to remove tenants because of delinquency like you're describing here, is it, does it fall under the landlord tenant regulation in states or is it easier to, to remove them?   Paul (14m 16s): Yeah, that's another benefit of self storage is there's no eviction moratorium from COVID or from anything else, even in the height of COVID we were able to evict tenants. So that is another benefit for sure.   Jesse (14m 31s): I think the reason I bring up those states is those are all states with some form of rent, stabilization or control. And it's, it's a big factor up here, and I know it's a big factor in those states. So another appealing aspect, it seems of self storage, Paul, in terms of, so you talked, you opened the book with these, you know, different reasons that that self storage is an appealing asset class. And then you move into the ability to actually break into self storage. Cause you know, some people, if they're looking at these larger commercial deals and I think you're bringing up seven different paths about how you could get into the self storage space.   Could you talk a little bit about that?   Paul (15m 6s): Yeah. I, I wanted to write a book for bigger pockets on seven unique paths to get into commercial real estate. But instead I actually devoted the last one third of this book to that topic. And so this would apply to most, any commercial real estate. I think it's really hard for a lot of people, including myself for years to try to figure out how do I get into commercial real estate? And so the seven different paths real quick are one, some people call it stacking based on Brandon's a nomenclature there basically it would be buying a small facility, fixing it up, leasing it up, possibly refinancing, but more likely selling it and then going on to a bigger facility and then just rinse and repeat over and over.   I know that works. It's a long and winding road to the top, but it definitely will work. A second path would be being a capital raiser. Now here in the states, you've gotta be really careful with the securities and exchange commission if you're raising capital for other people's deals, but if you're a partner in the deal, or if you can work your way into a partnership with somebody for a raise and you raise the capital, that could be your specialty. And a lot of people do that are really good with people. They might have social media skills or podcasts, and they can raise a lot of money for other people's deals.   Some people have started their whole company by raising money. First Whitney Sule from the real estate syndication show. That's how he started. And he is just a master. Now at multifamily, he's raised a whole lot of money for his own deals, but he started as a capital raiser. Third would be a deal finder deal finder would be somebody who sort of serves hopefully legally in the role, similar to a commercial real estate broker and somebody who basically goes out and finds deals.   And then instead of getting a commission, they'd say, Hey, look, I like to get a piece of ownership in this deal. I'd like to stay involved and I'd like to do this over and over. And eventually hopefully, you know, you get to be a partner in that company or maybe another one. So deal finder is third. Fourth would be go big where you just start out at a high level. Let's say you won the lottery or, you know, retired from the NFL or you just have access to inherit it or your own money. You sold Bitcoin or something. And you can just start out at a high level and people do that.   It's, there's some challenges with that. Of course, path five would be, get a job. Now, most of your listeners probably thinking, I'm wait, I'm listening to Jesse to get out of my job. I don't want to get a job. Well, there are some benefits, especially if you're young to getting a job in property management or as a commercial broker or a commercial mortgage broker, possibly an asset manager, there's different things you can do to learn the lingo, learn the business, meet the people, get the connections and work your way into a career.   Six path would be taking the passive path. And that would be, you know, just becoming a professional or even a non-professional passive investor. Let's say you've got the money, but you don't have the time. You just need to do a great job. Vetting a great syndicator, check out several of them, use Bryan Burke's book, the hands-off investor, and go out. And that an organization that you can invest with and get, you know, essentially sometimes even higher returns than you'd get by yourself.   But somebody else is doing the heavy lifting. The seventh path is finding a mentor or a paid coach. And that would be, you know, finding somebody who will be willing to bring you into their training program or even somebody usually locally who will let you, you know, you trade your services for them, you know, the opportunity to hang around their office, get to know the product, get to know the company and the business as a mentee to that mentor. So those are the seven paths I talk about in the book.   Jesse (19m 5s): Yeah. What a great recap. I don't think I've, I've heard that in one, in one fell swoop, but that's pretty much covers everything. I didn't know that about Whitney. So for those interested, the syndication show, I believe it's called a fantastic podcast with Whitney and Brian Burke. We've had them on a number of times. I can't recommend that book enough. One thing I love about the book that he has is so many books are not from the limited partner's perspective, they're there from the, you know, the capital raiser or the, the GP. So it's nice, even as a GP, you really want to understand both sides of the coin.   So I'd recommend that to anybody that is interested. So Paul, from, from that outset, you know, you have these benefits of, of self storage. We go through this crazy time in the last two years, you know, the world has, hasn't probably one of the biggest health concerns of my generation. At least if not the last century and then various asset classes perform some not so well, some very well, how did self storage perform over the last two years? And maybe it's just in addition to that, what are the risks?   If, if any, with self storage?   Paul (20m 13s): Yeah, let me start with the risks. Cause I don't want to forget that it's really important. The biggest risk in self storage is really during the lease up. That's the time of the risk, at least. So in other words, we invested in a non unstabilized asset in Bradenton, Florida on a main road in a very, very booming area that had 29,000 new residential units being built in that area. Well, it was great until we tried to fill it up and that two new competitors, large national competitors had also built new facilities right down the road and the due diligence people miss this in that process, it just happened to fall right before they were really evident at any rate.   So it was harder to fill up that facility. It took two years longer than planned. And I think that is the biggest risk is large national competitors nearby by the way that eventually sold for an 80% profit to the investor. So it was great, but at any rate it was a hard road. So that's the number one risk would be competition, especially when you're unstabilized and leasing up. Other risks would include, of course, this is true for anything, a bad operator, you know, a great operator can take a mediocre deal and make it good or even great.   A terrible operator can destroy the best deal on the planet. And so bad property management, bad operator, those would be other risks with self storage, overestimating. Your ability to raise rents would be another one. You know, your, Hey it's 20% below market. Yeah. Well, there may be a reason for that. So really just, you know, things like that would be the major risks. I think if we drive around a lot of us, see just self storage in the, in the states everywhere.   And we're wondering why this has gotta be overbuilt. Well, I can take you to Nashville and show you, drive you around Nashville and show you why it is overbuilt. There's too many self storage facilities in too many locations around the city, but then I can drive you 20 minutes south to a suburb, a nice suburb Bellevue or Belmont they're neighboring suburbs. And they're completely underbuilt in fact, there's huge under supply there. And so this is why it's really important to invest with a great syndicator who uses tools like radius plus to check out, you know, the number of square feet of self storage versus, you know, the market, you know, the demographics, the number of people there.   So that's some of the risks as far as how it's done since COVID, it feels like you threw me a softball there, but I don't think you did the wall street journal, New York times, business wire and others have recently written articles basically saying that co that self storage is the big star in commercial real estate. Since COVID during COVID, we had students moving out of their dorms and their apartments, not knowing. I mean, the first weeks of COVID in March of 2020, what's going to happen.   We got to put our stuff in storage. Will we come back in two weeks when they flatten the curve or will it be two years we don't have. And so that, that was a nice little initial bump. Then there was the eviction moratorium that didn't happen, self storage. And then we have these unfortunate situations. I'm not making light of this, but a self storage thrives during the four days that's downsizing, dislocation, divorce, and death. And we had some of all of that going on during, and since COVID, let's look at dislocation, I mean, people have been moving in droves from places like Chicago, New York, San Francisco, and LA to smaller towns or different places like Utah and Texas and Florida and Charlotte and well, a lot of them need self storage along the way.   And so let's take dislocation as an example, Jesse, I mean, look in the last year at the massive number of people who have moved from places like New York city and Chicago, LA San Francisco to places like Utah and Texas and Scottsdale and Charlotte, a lot of these people need self storage along the way other people, you know, are moving for different reasons. There's been a lot of stress. There's been, unfortunately, a lot of divorce, there's been some death.   And so there's a lot of, you know, reasons that self storage is actually, you know, doing better right now. And another factor most people don't talk about is the price of steel and other building materials. Plus just the labor is in massively short supply. And so it's held up some self storage projects from coming to fruition. So the competition is actually lower, at least in these last, you know, let's say six to 12 months or more. And so really nobody would have dreamed, we thought self storage and we said self storage would do well in recessions.   Nobody had any idea how well self storage would do during this pandemic.   Jesse (25m 37s): Yeah, it makes sense. And just kind of from an anecdotal point of view, I can't, I can't remember a time where I've kind of put something in storage and I haven't used that storage for an extended period of time. I feel like, like you said, I believe you use the, the word inelastic. My, my very technical economic term would be sticky. It's just that aspect where once people store something in an area, like you said, you know, if you go from a hundred to a hundred, $6, is that going to make me move it probably not. You know, if you go up some crazy amount, then you might move the needle.   One thing I'm curious about I've, I've always been curious about the underwriting when it comes to self storage, because we always talk about self storage in the real estate context. I'm curious if that translates to the underwriting of the deal. And for example, you know, I somewhat of a rule of thumb when it comes to looking at multi-racial properties is an expense ratio of 40 to 50% know it'd be a good rule of thumb to do a back of a napkin calculation. Is that are the metrics with self storage?   What would they be most similar to in the real estate space?   Paul (26m 44s): I mean, that would be very similar to multifamily, but the operating expenses would be, I think about, I believe they would average something like 32% on average for most facilities, as some of the automated facilities have a lower expense ratio, but at the same time they can't have you all, they can't have showroom items like, you know, the retail items we discussed. And so their revenues might be a little lower as well. But yeah, other than that, you know, the, the revenues and certainly the value formula is quite similar.   Jesse (27m 20s): Fair enough. I just want to be a little bit mindful of the time. We do have four questions. We ask every guest when we wrap up here, but before we even get there, I'd like to get your thoughts on 2022 and maybe beyond in the relatively short term. And maybe we could talk about that a little bit in the context of self storage. And then, you know, if you want to opine on the broader real estate market, I'd love to get your thoughts.   Paul (27m 45s): Yeah. I used to make predictions when I knew nothing. And now that I know a little more, I don't, I mean, I've noticed that Charlie Munger, Warren buffet, Howard marks, those guys won't make any predictions of the cycle. Howard marks of course reminds us to, even though we can't know when the cycle is going to change, we should act appropriately for where we are in the cycle. So one thing we have here is this is a 10 real $10 trillion bills from Zimbabwe. And it just reminds me as I'm sitting here, you know, that we are in a real inflationary time and it might not be transitory.   And so I think that is something that, you know, self storage has going for it. Like I mentioned, it allows you to capture that inflation real time. And if it, you know, if deflation hits, it would allow, you know, you, that happened as well. I guess   Jesse (28m 40s): I would just say, I heard one of the best definitions from Howard marks when he said, if you want to define the, the cycle and in this could go for real estate as well. He said, stage one couple forward thinking. People realize that they think the market's going to get better stage two, a broader economy, and people realize it is getting better. Stage three people think it's going to get better forever. And he's like, I don't know why you need a better definition of that. And it it's people, you know, listening to this, they know I'm a big Howard marks fan, but I mean, it's a great, it's a great point.   And one thing I've, I've said a number of times is when my mentor, he said, you know, real estate is one of those few industries where you can actually charge your customers are downloaded inflation to your customers. I E tenants. And it sounds like self storage is a continuation of, of that. If not in more real time, given the fact that sounds like you could, you can do it on a monthly basis.   Paul (29m 35s): Yeah. Right. That's exactly right.   Jesse (29m 37s): All right, Paul, we, before we get to the final four questions here, I thought I would ask you why it is important for investors or entrepreneurs to find their, why.   Paul (29m 47s): You know, I woke up at 33 years old on October 7th, 1997. And I had a couple million dollars in the bank, which was completely unprecedented for a, you know, for me and I wasn't any happier. I wasn't any more, you know, like I didn't, I felt a little more successful than I did the week before, but not a whole lot. I think it's really important for people to find their big, why, you know, studies show that if you make over $95,000, I mean, let's say you make 950,000 or 95 million a year.   You're not any happier than you were at 95,000. So we really need to have something else to live for. I think we were created for more. And so I really would recommend people find a big why for me, it's a it's it's regarding human trafficking. You know, if you took the record profits, not the average, the record annual profits of apple, general motors, Nike and Starbucks, and you added those together, double that number. That's the approximate profits projected from human trafficking every year.   And I'd like to believe if I was alive in the 18 hundreds, I would have been an abolitionist fighting against slavery. And if I was alive or if I was an adult in the 1960s, I would have been fighting for civil rights. Well, this is a civil right. And it is slavery and it's happening right under our noses. So my company Wellings capital is dedicating ourselves to try to free 5,000 slaves in the next five years from human trafficking. And I'm just recommending, you know, on a broader point that everybody finds something you're passionate about.   That's bigger than yourself or your business,   Jesse (31m 28s): Dear. And I think it's important as you know, we do or individuals get successful individually or with their companies in our case, in real estate that you CA you figure out what those things are and you know, that human element of, of being, being successful or prosperous. Okay, we are going to switch it up to a four questions. We ask every guest, if you're ready to go, I'll fire them out. Yeah.   Paul (31m 51s): You bet. What's   Jesse (31m 52s): A one thing Paul, that you know, now that you wish you knew when you started investing in real estate.   Paul (31m 58s): I wish I hadn't known the difference between investing and speculating and investing is when your principles generally safe. And you've got a chance to make a return. Speculating is when your principal is not at all safe and you've got a chance to make a return. You know, they say low risk, low return, high risk leads to not high return. It's actually the possibility of losing all your money or making a high return. I wish I'd have known the difference when I started and lost a bunch of money early on.   Jesse (32m 27s): Yeah. I mean, it goes back to Howard marks where, you know, you have that curve where he's like, well, if high, if high risk means high return by definition, that is not that's impossible. It's it's, that would mean that it's certain it's, it's obviously the higher, the risk, the higher expected important expected piece there a return. Right. Okay. Number two, your view on somebody that's entering our industry, a younger person, what would you say to them in terms of mentorship and, and getting started?   Paul (32m 59s): Yeah, I would actually. So bill gates became the wealthiest guy in the world through three simple steps you can take right now. Number one, I'm sorry. I had to do that. Number one, he decided at a very young age, what he wanted to do, and he's stuck in that lane. He did not very, he said no to 10,000 distractions to stay focused. Number two step, he, all he partnered with, or he actually found a company that would partner with him who was the biggest wealthiest, most influential company in that business, the tech world.   And that was IBM. Then third, here's the surprise. He did everything in his power to make them successful. When he did that, he quickly became the wealthiest guy in the world at a pretty young age. And so I would say following bill gates steps, you know, try to figure out what you want to do. Say no to distractions, find a big organization. Who's willing to partner with you and do everything you can to make them successful. That's great. Okay.   Jesse (34m 3s): Number three, what is one book you just are constantly recommending to people?   Paul (34m 9s): Well, I was going to recommend Howard marks mastering the market cycle, but since your listeners are already familiar with that, I would go back to my second one by Jay Papasan and Gary Keller. The one thing, yeah,   Jesse (34m 21s): That's a great book. And you know what, it's funny with mastering the market cycle. That is one book that's fairly hard to find on. I think it's on audible. If you want to listen to the audio version, but maybe, maybe I'm not looking hard enough, but I books, I, it was more challenging to find. All right, Paul, I think we're going to get an interesting answer on this one. My favorite Bloomberg question, first car, make and model   Paul (34m 46s): 1969, black Ford Mustang with the hood scoop   Jesse (34m 52s): 1 64, a oh 69, sorry, 69. I was going to not quite as cool. I was going to say the, would that be similar to the a, was it the 1970 was Mach one with the, with the kind of riveted Fastback.   Paul (35m 8s): Yeah. Well, interestingly, my hood was an aftermarket hood and somehow or another, I ended up with a Fastback hood with the turn signals out on the hood, you know, with my 1969 car. So   Jesse (35m 23s): Yeah, and I think that car was a, it was an Evie electric. Now I'm just joking. I feel like, I feel like this question is slowly, slowly going to get phased out as more and more people that come on just never had a first car, which is just the paradigm. Awesome. Well, for listeners that want to either, we'll put a show notes for the book for links to reach you, but where would the best be the best place be to, to connect with you? Paul   Paul (35m 51s): Jessie, I'm sure you can relate to this. When I, all those years, I wanted to transition from residential to commercial. I didn't know what to do. And so I've written a guide for people, free guide for people who want to learn, how to make that transition. And it's at Wellings capital.com/resources. That's w E L L I N G S capital.com/resources.   Jesse (36m 14s): My guest today has been Paul Moore, Paul, thanks for being part of working capital.   Paul (36m 20s): Thanks, Jesse. It's prey to be here.   Jesse (36m 29s): Thank you so much for listening to working capital the real estate podcast. I'm your host, Jesse for galley. If you liked the episode, head on to iTunes and leave us a five-star review and share on social media, it really helps us out. If you have any questions, feel free to reach out to me on Instagram, Jesse for galley, F R a G a L E, have a good one take care.

In the midst of “The Great Resignation,” people are quitting or choosing to be fired, and thus are turning to investments rather than find another 9-5 to earn income. Today's guests explain that financial education is the most important thing you can do to win at real estate investing.  Robert Helms, the host, and founder of The Real Estate Guys™ Radio Show says, “The economic model for real estate is so simple, and the challenge is they get sold a big seminar package” that teaches them nothing about real estate.  Additionally, Russell Gray, Robert's sidekick on The Real Estate Guys™ Radio and TV Shows says, “Discover your vision and assemble our team who are aligned with your vision.”  Hosts Robert and Kim Kiyosaki are joined by The Real Estate Guys, Robert Helms, and Russell Gray to discuss their 25 years of experience and how the mindset of a real estate investor separates the winners from the losers.  Learn more about The Real Estate Guys™ - https://realestateguysradio.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Today in Exploring the Marketplace, Shawn Bolz & Bob Hasson interview Real Estate Fund Manager, Paul Moore. Paul is the Founder and Managing Partner of Wellings Capital, he is an Author, has been featured on over 200 podcasts, he has contributed to Fox Business and The Real Estate Guys Radio. Paul has launched multiple investments and developed companies appearing on HGTV and completed over 100 commercial & residential investments & exits. Tune in as Shawn, Bob & Paul discuss the time when he went through a financial crisis and how the Lord led him out of it through giving and strategic revelation.  Hear about Paul's perseverance in listening to the Lord, learning from his mistakes, and getting back up will really encourage you to keep going.

Russell Gray is Robert Helms' sidekick on The Real Estate Guys™ Radio and TV Shows.  Russ is a financial strategist with a background in financial services dating back to 1986.  As a faculty member for the California Association of Realtors, Russ taught Real Estate Finance to Realtors® pursuing the prestigious GRI designation.  He is a popular speaker and author and he is on the Tim and John show today to give his take on the current political/financial landscape as it regards to real estate. Russ tells us what trends he's been seeing 1st hand in the world of real estate; who's been moving where, and what has their motivations been? As I'm sure we all can guess the covid hysteria has had an impact on people's real estate decisions. To learn more about John Sneisen's work please go to https://theeconomictruth.org/ Join the conversation in Tim and John's Discord community: https://discord.gg/vkxUkqg Itunes: https://bit.ly/libertyadvisor Podcasts: https://libertarianadvisor.podbean.com/ Livestreams: https://flote.app/TheLibertyadvisor You can find us on other content platforms by following the link below https://thelibertyadvisorshow.com/showlinks/ Learn more about Tim's services: www.thelibertyadvisor.com Free 15 min Investing Consultation www.bit.ly/booktimp Subscribe to our emergency text list and receive a free ebook “How it's Rigged – The Economy” Text LibertyAdvisor (one word, no spaces) to 71441  

Mauricio is an investor, entrepreneur, speaker, a premier syndication attorney that helps real estate syndicators raise hundreds of millions of dollars to pursue their dreams of financial independence. He is the founder and CEO of Premier Law Group and spends 100% of his practice on syndications for real estate investors. He specializes in Reg D exempt offerings and educates investors from around the world on how to navigate the complex world of securities laws. Named as a “Rising Star” by Super Lawyers magazine, Mauricio regularly shares the stage with The Real Estate Guys and the likes of Robert Kiyosaki, Ken McElroy, Brad Sumrok, Peter Schiff, and others. He is also a constant on the real estate investing podcast circuit, regularly contributing to The Real Estate Guys Radio show (consistently one of the most downloaded podcasts on real estate investing) where he is Robert Helms' personal attorney. KEY POINTS What role does a Syndication Attorney play on your team The importance of SEC securities law to real estate investors 3 things that you should consider when offering a security Rule 506(b) Versus 506(c) Syndication Versus Joint Venture Rules and Regulations of Raising Capital The do's and don'ts of raising capital LIGHTNING QUESTIONS 1. What was your biggest hurdle getting started in real estate investing, and how did you overcome it? The information overload but finding the right people had really helped. 2. Do you have a personal habit that contributes to your success? Getting up early as 3:30 in the morning. 3. Do you have an online resource that you find valuable? My social media stuff.  4. What book would you recommend to the listeners and why? https://www.amazon.com/Traction-Get-Grip-Your-Business/dp/1936661837 (Traction) book by Gino Wickman https://www.the1thing.com/ (The One Thing) book by Gary Keller https://www.amazon.com/Equity-Happens-Building-Lifelong-Wealth/dp/0977488705 (Equity Happens) book by Robert Helms and Russell Gray (Disclaimer: This book is no longer being published, so it's very expensive on Amazon). https://www.goodreads.com/book/show/69571.Rich_Dad_Poor_Dad (Rich Dad, Poor Dad) book by Robert Kiyosaki  5. If you were to give advice to your 20-year-old self to get started in real estate investing, what would it be? What are you waiting for? Get on it!    RESOURCES Visithttp://m/gp/product/B00NB86OYE/ref=as_li_tl?ie=UTF8&tag=jacob0ee-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=B00NB86OYE&linkId=100a9d2905599266aa7088bba0a33d55 ( Audible) for a free trial and free audiobook download! https://www.premierlawgroup.net/ (Premier Law Group) Team@PremierLawGroup.net Check out https://www.youtube.com/channel/UCnPedp0WHxpIUWLTVhNN2kQ (Mauricio's Youtube Channel) for more great content. Connect with Mauricio on https://www.facebook.com/MauricioJRauld/ (Facebook)

GUEST BIO Mauricio Rauld is the founder and CEO of Premier Law group, a firm that specializes in educating investors and representing them from legal matters relating to Asset Protection. He is known across the nation as an asset protection attorney, operation strategist and contributes as the legal advisor to The Real Estate Guys™ Radio show and is Robert Helms' personal advisor. He is devoted to what he does not only delivering exceptional service to his clients but also aims his best to educate and help them become knowledgeable investors. Join us today in the lab as he shares his remarkable journey in the real estate syndication space. THE REAL ESTATE FOUNDATION 01:14 Guest Background - Who is Mauricio Rauld? What does he do for a living? 02:30 Who is he representing? -LLC 08:20 Syndication Vs Asset Protection 11:23 Main difference between 506 b and 506 c KEEPING IT REAL 17:56 First thing that an investor should do - Finding your investors before you start looking for deals 23:36 Preparing a business plan - Doing several drafts until the business plan is locked 26:29 Drawing line between guidance vs support 28:05 Some things that LP should be looking from the GP's offering - Due diligence on the sponsor themselves 30:35 Biggest misconception people have about raising capital - It's easy! 35:04 Biggest mistake syndicators make - not realizing what they're doing in selling securities ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW: 39:28 Favorite book - Rich Dad, Poor Dad by Robert Kiyosaki | Traction by Gino Wickman | The E Myth for Attorney by Michael E. Gerber 39:51 Best Habit - Adding value to syndication community 40:08 Best Tool - Computer | Internet 40:58 One 300 apartment vs 3 apartments of a 100 units - depends on the location 41:30 Class A or Class B - Class A 41:35 Cashflow or Equity - Both 41:47 Self Managed or Outsourced - Outsource 41:58 Superpower in the Business - The ability to take complex securities matters and make them easy to understand 42:26 Describe a successful investor in one work - Knowledgeable BOOKS MENTIONED IN THIS SHOW Rich Dad, Poor Dad by Robert Kiyosaki Traction by Gino Wickman The E Myth for Attorney by Michael E. Gerber NOTABLE QUOTES (KEY LESSONS): “If you go to a restaurant, ask the chef ‘What's the one thing that everybody orders that you guys are known for? And what's the one thing that nobody orders but they should?' ” CONNECTING WITH THE GUEST YouTube, LinkedIn, Facebook, Coming Soon E-book: The Five Things Every Syndicator Must know To Stay Out of Jail Website: www.premierlawgroup.net Email: team@premierelawgroup.net #ExperimentSyndication #Syndication #ExperimentAssestProtection

If you are new to the idea of raising money to invest in apartment buildings, the particulars of complying with SEC regulations may have you spooked. No one wants to inadvertently break the law and face restitution, sanctions, or worse—fines and jail time! The good news is, with an assist from an SEC attorney, it is not as difficult to comply with securities laws as you might think. Mauricio Rauld is the founder and CEO of Premier Law Group, a boutique securities firm specializing in asset protection and SEC compliance. Mauricio has 18-plus years of experience helping multifamily investors increase and safeguard their wealth through syndications. He is a regular contributor to The Real Estate Guys Radio show and a faculty member of the Summit at Sea, a week-long conference for elite real estate entrepreneurs. In addition, Mauricio serves as legal advisor to The Real Estate Guys and asset protection advisor for The Elevation Group. Today, Mauricio sits down with me to explain his role as a syndication lawyer. He discusses the two legal routes to SEC compliance, the idea of a ‘preexisting substantive relationship,' and the consequences of breaking the law. Mauricio shares the difference between 506(b) and 506(c), describing the right way to use social media to connect with investors under each exemption. Listen in as Mauricio walks us through the process of working with an SEC attorney, including the general timeline and approximate cost for ensuring compliance with securities law. Key Takeaways Mauricio's role as a syndication lawyer Helps real estate investors scale business Raise money legally for bigger deals What qualifies as a security Returns generated from your efforts Must comply with federal, state laws The two legal routes to compliance Register with SEC (two-year process) Find exemption, follow rules The consequences of not following the law Restitution—return money to investors Sanctions—prohibited from raising money Fines, jail time Mauricio's advice around disclosures Full disclosure required for non-accredited investors Not required for accredited investors ($1M net worth) The benefit of using an exemption Creates safe harbor, certainty Preempts state law The features of the 506(b) exemption Raise unlimited amount of money Up to 35 non-accredited investors Prohibited from advertising The features of the 506(c) exemption Lifts prohibition against advertising Accredited investors only, reasonable steps to verify The idea of a preexisting substantive relationship Citizen VC outlines nine points Deep conversation, questionnaire, credit report, etc. How to use social media to connect with investors under 506(b) Talk about business in general terms Don't discuss specific offer or prior deals The process of working with an SEC attorney Work together on business plan, structure Lawyer drafts offering documentation Includes PPM, operating/subscription agreements 506(b) = investor questionnaire 506(c) = CPA letter or third-party verification Accept money only after documents returned Mauricio's insight around the timeline and general cost of compliance One week to draft docs once business plan complete Include $15K ‘legal and compliance' line item in budget Connect with Mauricio Premier Law Group Email cs@premierlawgroup.net Resources Citizen VC Letter Verify Investor Michael's Coaching Program Michael's Products Michael's Syndicated Deal Analyzer Michael's Deal Maker Mastermind Financial Freedom Summit Partner with Michael Invest with Michael Michael's Course Free eBook: The Secret to Raising Money to Buy Your First Apartment Building Review the Podcast on iTunes

Last month Patrick Donohoe and other Paradigm Life agents had the opportunity to attend Summit At Sea, a special event put together by the Real Estate Guys Radio show. Join Patrick and his special guest, J. Massey, as they discuss their experience on board and what they learned! Each year is different, and this year proved...

Recently Patrick Donohoe of Paradigm Life was able to join The Real Estate Guys Radio as a faculty member on their9th Annual Investors Summit at Sea. After more than a week of learning about and discussing real estate, the hosts of The Real Estate Guys Radio show (Robert Helms, Russell Grey and Bob Helms) did...

Patrick Donohoe of Paradigm Life had the opportunity to be interviewed by The Real Estate Guys Radio which is a hugely popular radio show that covers real estate, finances and investing topics and has one of the most downloaded podcasts in all of iTunes (if you don't currently subscribe to their podcast you need to)! Some of the most recent...