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Jake & Gino: Real Estate Investing & Multifamily

How To Start Investing In Real Estate with Paul Moore

Jake & Gino: Real Estate Investing & Multifamily

Jake & Gino

Commercialrealestateinvesting, Realestateinvesting, Cashflow, Smartinvesting, Apartmentinvesting, Investingsmart, Management, Buyingrealestate, Entrepreneurship, Business, Realestateinvestment, Multifamilyrealestateinvesting, Makingmoney, Buyingapartmentbuildings, Jakeandgino, Investing

4.9842 Ratings

🗓️ 16 July 2021

⏱️ 45 minutes

🧾️ Download transcript

Summary

What do all the millionaires and billionaires in the world have one thing in common? They focus on that ‘One Thing’ they feel most passionate about and develop their core competence, skills and expertise to the highest-possible levels. That’s a secret sauce for success. In this episode, Jake and Gino talk with Paul Moore. Paul is the managing partner of Wellings Capital, a private equity real estate firm. Paul is the author of The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing (2016); co-hosts a wealth-building podcast called ‘How to Lose Money’ and he’s been a featured guest on 150+ podcasts. Here are some of the key takeaways from this podcast: Three questions you need to think about yourself while raising capital: Can you help that person? Can they trust you? Do they know you? Begin talking to your potential clients consistently. It can be done through podcasts, articles, social media content, books, etc. Paul recommends ‘The One Thing’ by Gary Keller. The book talks about focussing on that one thing you are most passionate about and become an authority in that space. This is something that is common in super achievers. 85% of the Mobile Home Parks and Self Storage real estate market is managed by Mom and Pop operators, and there is a huge opportunity for professional players in this space. Listen to the Podcast to learn more. Resources: Learn more about Paul Moore: https://www.wellingscapital.com/ Learn more about Jake & Gino: www.jakeandgino.com   Apply for limited time, complimentary multifamily investing training: https://bityl.co/6v71   Attend our flagship conference to be held in October: https://jakeandgino.com/mm4/

Transcript

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0:00.0

Hello, everybody.

0:08.4

It's Jake Stenzion.

0:09.1

Host of the Wheelbarrow Props podcast here with my co-host, the multi-family mentor,

0:12.6

the coach, a chef, father, six, the bestselling author in purple today.

0:16.7

The Gennedic.

0:17.4

Gino Barrow, Gene, how's it going?

0:18.8

Mr. Stenziano, I finally got you over to the dark side.

0:22.7

We're in the pinks, where in the pastels, my friend.

0:24.6

I love it. How you doing, bro?

0:26.1

Did, I thought I was in Florida today.

0:27.5

Always making it happening, man.

0:29.8

So today's guest is Paul Moore.

0:31.9

Paul was a finalist for the Michigan Entrepreneur of the Year, two years in a row after selling his staffing firm

0:41.7

that he co-founded. He began investing in real estate, founded multiple investments in development

0:47.6

companies, and co-managed a successful multifamily development. So without further ado, Paul Moore, welcome to show.

0:56.2

Hey, it's great to be here, but I feel like I need to change my shirt.

0:59.5

Dude, you're coming on to a fruity place right now, my friend, so you may have to, but let's get into this.

1:06.8

Paul, I was reading a little bit about your bio.

1:08.6

I saw the staffing firm.

1:10.1

You're getting into real

1:10.8

estate. My question is, why are you so hard on yourself? Both are ridiculously challenging. It's

1:17.1

hard to find deals right now, and everyone knows that hiring great people is probably harder

...

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