150: The Investor's Guide to Preferred Equity with Paul Moore

Passive Investing from Left Field

English - January 07, 2024 08:00 - 50 minutes - 69.5 MB - ★★★★★ - 109 ratings
Investing Business passive income cash flow investing financial freedom real estate syndication accredited non-accredited multi-family investing education Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: 149. Jeremy Roll on Real Estate Investment Strategies and Risks Part Two

Next Episode: Spotlight: The Corporate Transparency Act: What LLC Owners Need to Know, Explained by Mauricio Rauld

Join us on the latest episode of Passive Investing from Left Field, with guest Paul Moore from Wellings Capital.
In this episode, we unravel the art of building confidence with LPs, explore the resurgence of preferred equity, and share insights on diversification strategies. Discover Paul's journey from speculator to seasoned investor, gaining actionable advice for consistent returns.
Don't miss these gems of wisdom that could steer your investment journey toward consistent returns and stronger strategies.

About Paul Moore

After a stint at Ford Motor Company, Paul co-founded a staffing firm where he was 2x Finalist for Michigan Entrepreneur of the Year. After selling to a publicly traded firm, Paul began investing in real estate. He launched multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits. He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to Bigger Pockets, producing live shows, recorded videos, and blog content. Paul also co-hosted a wealth-building podcast called How to Lose Money and he’s been featured on over 200 podcasts. Paul is the author of Storing Up Profits – Capitalize on America’s Obsession with Stuff by Investing in Self-Storage (Bigger Pockets Publishing 2021) and The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing. Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm.

Here are some power takeaways from today’s conversation:

03:33 His real estate journey?

05:20 Transition from speculator to investor

07:32 Preferred equity vs preferred returns

09:27 What is preferred equity?

14:55 Why aren’t the lenders lending more?

16:42 Should the LP know about the preferred equity?

04:35 The Evolution of His Real Estate Journey

20:29 Are all pref equity the same?

30:44 What to look for in the common equity?

33:04 How do you protect yourself from deals failing?

37:46 How does an LP get into pref equity?

30:41 How does the LP evaluate this?

43:48 Podcast recommendations

44:42 Contact Paul

45:05 Thank you for watching

This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.

Resources Mentioned:
Contact the Guest:

Instagram- @paulmooreinvest
Facebook- @wellingscapital
LinkedIn- https://www.linkedin.com/in/paul-moore-3255924/
Email- [email protected]

Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh

Podcast Recommendations:

Motley Fool Money

The Walker Webcast

Advertising Partners:

Left Field Investors - BEC

Spartan Investment Group

Vyzer