Bigger Cash Flow Podcast 055: Investing In Commercial Multifamily with Paul Moore
/Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.
Episode: 055
Title: Investing In Commercial Multifamily with Paul Moore
Show notes:
Paul started his career in a W2 at Ford Motor Company after earning an MBA from Ohio State. After 5 years at Ford, Paul started a staffing company with a partner.
Five years later, Paul and his partner sold the staffing company to a publicly traded firm for $2.9 million.
Paul later entered the real estate sector where he flipped over 50 homes and 25 high end water-front lots. Along with flipping, Paul developed a subdivision, started two successful online real estate marketing firms, as well as appearing on HGTV's House Hunters!
After three more successful developments, including the development of the Hyatt hotel and a multifamily project, Paul entered the commercial multifamily market. Since then Paul has written a book - The Perfect Investment: Create Enduring Wealth from Historic Shift to Multifamily Housing, and is a co-host of the wealth-building podcast: How to Lose Money.
On this episode you'll learn:
Paul’s background and journey in business, real estate, and entrepreneurship
The pros and cons of stocks, bonds + mutual funds
The pros and cons of commercial real estate
The difference between investing and speculating—and why you don’t want to confuse the two
The challenges of being an active investor
The commercial value formula
Understanding commercial real estate from the lens of an LP
Simple things operators can do to increase income
Simple things operators can do to compress the cap rate
Wellings Capital’s strategy in 2020 and beyond
Contact Info:
Website: https://www.wellingscapital.com/about
Biggerpockets Profile: https://www.biggerpockets.com/users/paultmoore