Starting the Journey: Paul’s Guide to Real Estate Wealth-Building


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Jan 27 2025 80 mins  

In this episode of Radical Wealth Plan, I’m kicking things off by sharing a bit about my journey and the principles that have guided me through 25 years of undefeated real estate investing. As the CEO of Forward Living and author of the New York Times bestseller Wealth Can’t Wait, I’ve learned a lot about building wealth, not just in real estate but in life. In this episode, I’ll walk you through my three core rules: stick with what you know, ensure properties generate cash flow, and focus on value-add opportunities. These rules have been vital to my investment success. This episode sets the stage for what Radical Wealth Plan is all about, giving you the tools and mindset to start building your own wealth through real estate. Let’s dive in!



Timestamps


00:00:00 Introduction and Overview


00:01:04 Paul's Background and Achievements


00:03:02 The Purpose of Radical Wealth Plan


00:07:52 Generational Wealth and Stability of Real Estate


00:10:30 Introduction to the Three Rules of Real Estate Investing


00:13:41 Rule 1: Stick with What You Know


00:16:26 Rule 2: Ensure Properties Cash Flow


00:24:25 Rule 3: Focus on Value-Add Properties


00:29:38 Market Timing and Risk Management


00:35:37 Personal Investment Stories


00:43:11 Identifying Emerging Neighborhoods


00:50:12 Avoiding Mistakes and Learning Lessons


00:55:49 Opportunities in 2025 and Beyond


01:02:33 Using Investor Money and Scaling Strategy


01:07:02 Lightning Round

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