Investing in Passive Real Estate Syndications, Value-Add Commercial Funds, and Tiny Cabin Vacation Rentals: Episode 30 of the Estate Professionals Mastermind Podcast
Paul Moore, Founder of Wellings Capital and host at Bigger Pockets podcast “Ask Me Anything Live: Real Estate Investing”, joins Chad Corbett for the Estate Professionals Mastermind Podcast Ask The Expert series.
In this episode, Paul shares why he saw better opportunities in commercial vs residential real estate sales, how he made that pivot, and why his business mindset allows him to turn down deals with 60% ROI. Paul also discusses important lessons he’s learned that apply to any business or business relationship.
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Investing Topics In This Episode (YouTube Links):
- 0:00 Who is Paul Moore?
- 2:38 How to get started in commercial real estate
- 5:07 Podcast recommendations: How to Lose Money podcast
- 6:37 What to invest in when everything is overpriced
- 9:45 Residential vs. commercial real estate investing: Real estate formulas
- 11:20 Value add vs. intrinsic value extraction: Deep value asset classes
- 15:40 The 80-20 rule of team-building and business strategy (Pareto’s principle)
- 16:58 The pivot to value add commercial funds
- 19:38 Why you should re-think your side hustle (and so should your clients!)
- 24:40 Sponsor vs. the underlying asset: Due diligence for any deal
- 26:04 How to recognize terrible deals on beautiful slide decks and avoid overpaying for assets
- 28:50 Cash on cash return with tiny cabins for vacation rentals AirBNB, VRBO
- 36:16 Why I would pass on a 60% ROI deal: How to stay focused in your work
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- Take Chad’s Probate Course – Become a Certified Probate Expert and unlock Alumni Group membership
- Learn Probate, Real Estate Investing, Creative Finance, and more on our YouTube Channel
- Wellings Capital
- The One Thing by Jay Papasan and Gary Keller
- Passive Real Estate Syndication Book Recommendations: The Hands-OFF Investor – Brian Burke
- Vacation rental data resource: AIRDNA.co
- Paul’s How To Lose Money podcast
- Paul Moore on LinkedIn
- Paul Moore on BiggerPockets.com