EP118: From Debt to Donating: One Man's Fight against the Human Trafficking Epidemic - Paul Moore
Welcome back to another episode of "Migrate to Wealth"! In today's episode, we have a very special guest, Paul Moore, a serial entrepreneur turned real estate investor and advocate for philanthropy. Joining us as always is your host, Saket Jain.
In this enlightening conversation, Saket and Paul dive deep into the topic of debt and investing, sharing their perspectives on emotional vs. financial decision-making. They discuss Paul's personal journey from being in significant debt to becoming debt-free in just 13 months through a radical approach to giving. Paul also shares his transition into the world of commercial real estate and how he diversified his portfolio to include multifamily syndication, RV parks, self-storage, and more.
Get ready to be inspired as Saket and Paul explore the transformative power of giving, the importance of continual learning, and the need for government action to combat the sinister world of human trafficking. So grab your favorite drink, sit back, and prepare to be inspired and educated in this thought-provoking episode of "Migrate to Wealth"!
In this episode, you will be able to
- Learn the importance of separating emotional and financial reasons when making debt-related decisions
- Understand rate cap reserves and their impact on real estate investments
- Overcome skepticism and utilizing a little-known law to increase land value
- Learn details on Paul's six funds and their objectives
- oLearn to focus on providing investors with diversification and a high margin of safety
Resources/Links Mentioned In This Episode
- The Perfect investment https://www.amazon.com/Perfect-Investment-Enduring-Historic-Multifamily/dp/153700395X
- https://aimfree.org/
- https://exoduscry.com/
About Paul
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 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.
Connect with Paul
- Website: www.wellingscapital.com
- Twitter / X: @PaulMooreInvest
Connect With Us
To connect with Saket Jain, as well as with other Migrate 2 Wealth listeners, and get the latest scoop on new and upcoming episodes, join Migrate 2 Wealth Community on Facebook.
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Sponsors
Bangerter Financial Services, Inc
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Call (801) 312-9482 or visit https://1031.bangerterfinancial.com/1031guy to learn more!
Sponsor Disclosure:
Securities offered through Concorde Investment Services, LLC, member FINRA/SIPC. Bangerter Financial is independent of Concorde. This is for informational purposes only, does not constitute individual investment advice, and should not be relied upon as tax or legal advice. Investments in real estate may be speculative, illiquid, and carry a high degree of risk – including the potential loss of the entire investment. Please consult the appropriate professional regarding your individual circumstance.
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