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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