The Perfect Investment, with Paul Moore

17 Jan The Perfect Investment, with Paul Moore

Posted at 04:00h in Podcast by

Episode 132:

After graduating with an engineering degree and then an MBA from Ohio State, Paul entered the management development track at Ford Motor Company in Detroit. After five years, he departed to start a staffing company with a partner. They sold it to a publicly traded firm five years later for $2.9 million. Along the way, Paul was Finalist for Ernst & Young’s Michigan Entrepreneur of the Year two years straight (1996 & 1997). Paul later entered the real estate sector, where he flipped over 50 homes and 25 high-end waterfront lots, appeared on HGTV’s House Hunters, rehabbed and managed rental properties, built a number of new homes, developed a subdivision, and started two successful online real estate marketing firms.

Three successful developments, including assisting with the development of a Hyatt hotel and a very successful multifamily project, led him into the commercial multifamily arena. Paul is the author of The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing (2016).

What you’ll learn about in this episode:

  • The strategies Paul recommends for earning 15+% safely in an environment where banks pay 0% on savings accounts, CDs and money market funds
  • Why the illiquidity of real estate investments is extremely advantageous
  • Why it is important for investors, entrepreneurs, and executives to find their “big why”
  • How government tampering, the Great Recession, and historic demographic shifts led many to call multi-family real estate “the perfect investment”
  • Why Paul prefers commercial real estate investing as another outlet for building wealth
  • The common misperceptions of investing in mobile home parks and self-storage
  • How you can dip your toe in the water if you haven’t touched multi-family, mobile home parks, or self-storage
  • How to get in touch with Paul if you are interested in getting started as an investor
  • The importance of mentorship in commercial real estate investing

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