How Paul Got out of 2 Million Dollars in Debt by Tithing and Faith
The His and Her Money Show
Talaat and Tai McNeely
4.9 • 1.2K Ratings
🗓️ 27 January 2020
⏱️ 32 minutes
🧾️ Download transcript
Summary
On today's episode of The His & Her Money Show, we talk about two issues that aren't usually talked about in the same sentence, faith, and real estate.
Yet, Paul Moore found a way to combine faith and real estate in his life and he shares the wisdom he learned along the way.
In the first half of this episode, Paul shares how he ended up in $2 million in debt and how he tithed and gave his way to a debt-free life.
In the second half of this episode, Paul breaks down commercial vs residential real estate, real estate syndication, and crowdfunding. Paul discusses the current state of "house flipping" and what investors can do instead to work less for a bigger return.
WHAT YOU WILL LEARN
- Paul's downward life spiral after he sold his company for millions
- How Paul got into $2 million in debt ...and got out debt by tithing and faith
- The difference between speculating and investing
- The faith-driven, inspirational story of George Mueller
- Why your mindset matters when you are giving or tithing
- Real estate crowdfunding
- Is real estate crowdfunding better than investing on your own?
- The difference between commercial and residential estate investing
- Barriers to commercial real estate investing..and how to get around them
- What's real estate syndication?
- The big "Why?" that drives Paul's social justice mission
- What you can do to fight human trafficking
RESOURCES MENTIONED
- The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing
- The Inspiring Life of George Müller(GuidePosts.com)
- Bigger Pockets
- Realty Mogul
- Fundrise
- Realty Shares
- Freedom Place Project
- Nefarious
- Exodus Cry
- Wellings Capital
Transcript
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| 0:00.0 | This is the His and Her Money Show, where we show you how to have better money, be a better couple, and live a better life. |
| 0:11.0 | Now, here are your hosts, Talent and Time McNealing. |
| 0:15.0 | Hey, welcome back to another fantastic edition of the His and Her Money show |
| 0:21.0 | where we are here to equip and inspire you on your journey to freedom, because at the end of the day, we want you to be free. |
| 0:29.0 | So we're going to keep talking to you about managing your money, building wealth, taking care of your family, and taking |
| 0:34.6 | control of your life. |
| 0:36.0 | In today's episode, it's going to help you do all of the above. |
| 0:38.6 | We're going to be talking with a special guest by the name of Paul Moore, who is a history person when it comes to investing in real |
| 0:45.3 | estate he's done a lot of positive things but he had to bounce back from an |
| 0:49.1 | incredible loss to get to the place that he's at today. He's also the author of the awesome book, The Perfect Investment, |
| 0:56.0 | creating enduring wealth from the historic shift to multi-family housing. |
| 1:01.0 | And he is going to share all the things that he's learned |
| 1:04.0 | along the way and how you can get involved with the perfect investment and build |
| 1:07.4 | wealth for yourself. So let's get Paul on so we can hear about his journey to |
| 1:12.3 | wealth building and what he has to say about how you can get to the same place. |
| 1:18.0 | Hey Paul, welcome to the His and Her Money Show. |
| 1:22.0 | Hey, it's great to be here. |
| 1:23.0 | Thanks, Talent. |
| 1:24.1 | We are super glad that you're here with us because I mean, |
| 1:27.0 | you've been through a lot, you've learned a lot and now you're helping people |
| 1:30.0 | to make themselves into a better position financially and we know that you have such a wealth of |
| 1:36.4 | knowledge and we are so glad that you are here to share it with us today. |
... |
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