The Wake Up Call

158. Digging Out From Snowmageddon 2021

A quick update on my experience from the hard freeze and heavy snow storm (for the south) and why lifestyle design can be so empowering.    ► Resources How can I help you?  Book a 1 on 1 strategy session here:  https://shorturl.at/0Vntd Group coaching with me, Peter Conti, and the Real Estate 101 team: https://shorturl.at/iDEcS Opt in to my newsletter here https://shorturl.at/kxMO8 My social media accounts https://linktr.ee/pauldavidthompson Check out my blog here:https://pau...

157. Syndication 101 and How To Legally Avoid Uncle Sam

I'm joined by Chay Lapin the Senior VP at Kay Properties and Investments (kpi1031.com), which is a national Delaware Statutory Trust (DST) investment firm. Their platform provides access to the marketplace of DSTs from over 25 different sponsor companies. Topics covered are what a DST investment is, how you can use 1031 exchanges, and considerations to think about when starting your own syndication. ► Resources How can I help you?  Book a 1 on 1 strategy session here:  https://shortu...

156. How to DRAFT Your Goals

This is the 3rd part in a 5 part series on life planning. Today we cover how to DRAFT your quarterly and annual goals using a simple method based on years of goal and productivity research: D - Desired Outcome R - Reasons A - Action Plan F - Feedback T - Treat Yourself!   ► Resources How can I help you?  Book a 1 on 1 strategy session here:  https://shorturl.at/0Vntd Group coaching with me, Peter Conti, and the Real Estate 101 team: https://shorturl.at/iDEcS Opt in to my n...

155. Custom Designing Your Future with Bryce Stewart Author of House Hacker's Guide to the Galaxy

Bryce Steward is the author of the new book House Hacker's Guide to the Galaxy. Bryce retired from his teaching career at 35 and is now a multimillionaire by the age of 41. All of this starting from $55K in debt after he graduated from college and earning a teacher's salary.   ► Resources How can I help you?  Book a 1 on 1 strategy session here:  https://shorturl.at/0Vntd Group coaching with me, Peter Conti, and the Real Estate 101 team: https://shorturl.at/iDEcS Opt in to my new...

154. Take Stock To Forge Ahead

This episode is the 2nd installment in the life plan. These are a set of planning exercises I went through in late 2020/early 2021. Some of these exercises I've done before and some of these exercises are completely new to me. I've found them so incredibly helpful that I had to share them. I'm starting to incorporate the life plan exercises into my personal/business life and to my mastermind/my freedom foundry community.   ► Resources How can I help you?  Book a 1 on 1 strategy sessio...

153. The Power of Public Data Using Property Radar

How to use the public data available from property radar to find the hidden gems and niches available in almost every market. I'm joined by Aaron Norris is the VP of Market insights for Property Radar. He shares where he sees opportunity in 2021 and how to use the data available to maximize deal flow.    ► Resources How can I help you?  Book a 1 on 1 strategy session here:  https://shorturl.at/0Vntd Group coaching with me, Peter Conti, and the Real Estate 101 team: https://shorturl...

153. The Power of Public Data using Property Radar

How to use the public data available from property radar to find the hidden gems and niches available in almost every market. I'm joined by Aaron Norris is the VP of Market insights for Property Radar. He shares where he sees opportunity in 2021 and how to use the data available to maximize deal flow. 

152. 5 Year Vision

What year is it? How old are you? How are the parts of your life outlined in the future? I invite you to paint a portrait of what your life will look like in 5 years. I share my personal 5 year vision as an inspiration for you to do the same.   ► Resources How can I help you?  Book a 1 on 1 strategy session here:  https://shorturl.at/0Vntd Group coaching with me, Peter Conti, and the Real Estate 101 team: https://shorturl.at/iDEcS Opt in to my newsletter here https://shorturl.a...

151. The Answer For 2021... Revealed!

I've been experimenting with new morning routines to keep my anxiety at bay and make more progress toward my big lofty and audacious goals.    The scales have been removed from my eyes and now I see. I've discovered a "secret" routine unlike anything I've ever tried before.    And it works like magic...    ► Resources How can I help you?  Book a 1 on 1 strategy session here:  https://shorturl.at/0Vntd Group coaching with me, Peter Conti, and the Real Estate 101 team: https:/...

150: 2020 - A Year of Resilience

If there's one thing we can all agree on, it's that 2020 has been a crazy year! While we've all faced unexpected challenges, we've also kept going — doing things we never imagined, and learning what we're made of.  ► Resources How can I help you?  Book a 1 on 1 strategy session here:  https://shorturl.at/0Vntd Group coaching with me, Peter Conti, and the Real Estate 101 team: https://shorturl.at/iDEcS Opt in to my newsletter here https://shorturl.at/kxMO8 My social media account...

149. How to Use 2020 as a Springboard

I want to take episode 149 as an opportunity to reflect on 2020 and plan for 2021. Changes that happen in life are really scary. But if you deal with it and do what you fear, it will disappear. The change won't disappear, but your fear of it will. In fact, I've come to expect change and often look forward to it, because I know whoever adapts the quickest will be at an advantage.

149. How to use 2020 as a springboard

I want to take episode 149 as an opportunity to reflect on 2020 and plan for 2021. Changes that happen in life are really scary. But if you deal with it and do what you fear, it will disappear. The change won't disappear, but your fear of it will. In fact, I've come to expect change and often look forward to it, because I know whoever adapts the quickest will be at an advantage.

148. BRRO Method

How to combine 2 creative investing strategies to reduce management headaches and increase your cash flow

147. Anything You Want in 2021

If there was ever a year that laughed at our plans it was 2020. I think very few people made it through 2020 without having to entirely rethink their plans, goals, job, business, or travel plans. Yet I still maintain that creating goals is incredibly important because it sets intention and focus. And there are undoubtedly going to be times when you’re going to have to recalibrate or just completely rethink all of your plans. Life happens and you adjust. That could be the motto for 2020. Epis...

146. Now is your chance to sign up for a Super IRA

Now is the best time to evaluate whether you are maximizing one of the greatest gifts from congress. It has the benefits of both a Roth IRA and a Traditional IRA. Do you know what I'm talking about?

145. Creative Financing Series - Lease Options

Episode 145 is the 3rd installment on Creative Financing where I cover Lease Options and the myriad ways you can structure deals using these two agreements. I cover both how to buy and sell using Lease Options and dive into the 8 steps to buy when using Lease Options. Lease - Right to Use Option - Right to Buy Text the word 'investor' to the number 33777 to get more details and paperwork on this strategy

144. Think Like An Investor, Not A Consumer

In America and much of westernized cultures, all of our training, from day one, drills into us to buy things to make us happy, to consume food-like substances that make us feel good, and to buy trinkets to act the part of looking affluent. When buying a car, house, or boat we’re shepherded down this path of making a decision based on "how much are my monthly payments." This is a consumer mindset.

143. Creative Financing Series - Owner Financing

This episode provides a quick update on how Paul scored his latest deal using last week's tip and then Paul breaks down owner financing into 8 simple steps so you can start making offers today!

142. The Secret to Getting What You Want - Shoot Your Shot!

You have got to shoot, otherwise, you can't score. Can you imagine watching a soccer match with no shots on goal or a basketball game where the teams never took any shots? Of course, it would defeat the purpose of playing the game. This is how so many investors play the game of real estate. They're afraid to take any shots.     

141. Creative Financing Series - Buying "Subject To" The Existing Mortgage

I share my 10 steps to buying a property "subject to" the existing mortgage. This is a very useful technique if you aren't classically bankable or have limited access to funds.  I reference several documents and resources you can find by subscribing to my Freedom Foundry monthly membership. 

140. Understanding the Capital Stack with David Blatt

I'm joined today with CEO of CapStack Partners to discuss raising money, explain what the capital stack in real estate investing is, and discuss opportunities in 2020. https://www.capstackpartners.com/ https://www.linkedin.com/in/davidblatt-capstackceo/  

139. It's My 43rd Birthday

I share feedback from your questions and make a birthday announcement about what I'm working on to help answer those questions.

138. Marriage and Money with Couples Money Coach Dan Hinz

In Episode 138 couples money coach Dan Hinz returns and he shares his advice on Money and Marriage.  I especially enjoyed his 3 Key habits any couple should develop in order to master their money. Check out Dan's blog at http://adultingwithmoney.com/ or his YouTube Channel of the same name.

137. Getting Started Questionnaire for Busy Professionals with Dan Hinz

I'm joined by Dan Hinz of AdultingWithMoney.com who helps couples unite not fight about money and he is a savvy money coach but is new to real estate. So he peppers me with questions about real estate investing. Any busy professional who is curious about money is sure to find these questions relevant to their situation. 

136. Eviction - State of the Nation

What does the new CDC order for an eviction moratorium mean for landlords in 2020? Thankfully it's not as bad as it sounds but you do need to know who it applies to and what your options are. The entire order can be found here And here's a sample letter you can use that includes the CDC certification guideline with language include the potential 5-year prison penalty for falsification. 

135. The Real Measure of Intelligence

What sets you apart from everyone else? Napoleon Hill is famous for his quote "Action is The Real Measure of Intelligence". Is he right? And why should we be listening to Napoleon Hill in the first place?

134. Five Qualities to Acquire Life Changing Money

I've distilled advice from other successful investors and my own experience into a list of key behaviors that will empower you to achieve the resources necessary to lead your ideal life. Focus Take Risks Rely on Yourself Maniacally Measure Actively Work to Invest

133. Intuitive Property Management with the Founder of Avail.co Laurence Jankelow

I'm joined by the co-founder of Avail.co, Laurence Jankelow. He and his co-founder quit their day jobs 7 years ago and learned to code from scratch to build an intuitive property management app designed for investors with 10 units or less. We discuss the real estate market, being a founder and entrepreneur of a startup, and lessons learned as a real estate investor all chocked full of actionable nuggets for any investor.

132. Are You Guilty of Being a Modern-Day, Digital Ditch Digger?

This episode gives some thought on whether or not you are a ditch digger (digital or not). Are your skills commoditized? Your compensation will be in proportion to the difficulty and demand for the problems you solve.

132. Are You Guilty of Being A Modern-day, Digital Ditch Digger?

This episode gives some thought on whether or not you are a ditch digger (digital or not). Are your skills commoditized? Your compensation will be in proportion to the difficulty and demand for the problems you solve.

131. Making Money Fun, Sassy, and Simple with Money Honey Rachel Richards

Money Honey Rachel Richards discusses how she achieved aggressive retirement with passive income by the age of 27, how she defines retirement, and how she acquired over 35 rental units. And if that wasn't enough she has 2 best selling books.  https://www.moneyhoneyrachel.com/  

130. We All Share the Same Birthright and It’s Not What You Think

130. We All Share the Same Birthright and It's Not What You Think

129. How to Make Your Website "Google-worthy” with Mark Heller

I'm joined by an SEO expert who shares step-by-step what you can do to maximize your website visibility, attract more sellers, and convert more deals. Contact info for Mark [email protected] https://sunrisedigital.org/

128. Deal Diaries - Owner Financing

We dig into a listener's situation where he has a rental property he wants to sell. Should he kick the tenants out and sell, should he sell on a lease option, or is owner financing the right solution for this scenario. We roll up our sleeves and discuss the pros, cons, and how to's.

127. A Day In The Life Of A Full-Time Real Estate Investor

126. Let's Sell Some Houses...

I predict what is about to happen in the real estate market based on current trends and share where the opportunities are and where to find them.

125. Deal Diary About Large MultiFamily

124. What A Year 2020 Has Been

123. A Small Multifamily Residence Deal Analysis

122. The Unrequired Work That Separates You

121. Deal Diary - Single Family Rental BRRRR Use Case

121. Deal Diary - Single Family Rental BRRRR use case

120. Mastering Online Marketing with Josh Eberly

Online marketing can be a tough nut to crack, but if done right, its rewards on the profit side are undeniable. Through various digital advertising strategies, you can generate a lot of leads of varying qualities, which you can then follow up with your systems at the back end. Joining Paul David Thompson today is Josh Eberly, partner and COO at Conklin Media, a marketing firm that helps businesses increase their leads, sales, and profits through digital marketing. Josh explains the various o...

119. Start For The Cash Flow, Stay For The Community: The Value Of Your Network In This Pandemic

We enter the investing space primarily for the cash flow, but we continue on the path because of the community. More than ever, the power of having a community behind you has become very important in this time of the COVID-19 pandemic. With all of us shut in our homes, creative ways to maintain that connectivity is highly encouraged. In this episode, Paul David Thompson talks about how he is keeping in touch with other investors. As a big believer in masterminds and communities, he shows u...

118. Landlord Automation Using Free Tools with Jared Hanson

In episode 118 how to use free tools to automate and simplify the screening process as a landlord so you can feel confident to grow your portfolio and free up your time.

117. When Escape May Not Be The Best Plan with Justin Hannah

In episode 117 I'm joined by investor and podcaster Justin Hannah from Northern California. He shares his situation where COVID19 may keep him from quitting his day job as he planned and what that means for his future plans as a real estate investor.

116. The Best Laid Plans...

In episode 116 I talk about lifestyle design, creating income without having to go to work or have a traditional job, and dealing with the uncertainty of our current covid19 condition and what you can do about it.

115. Big City BRRRR'ing with Dr. Joe Asamoah

In episode 115 I'm joined by Dr. Joe Asamoah who specializes in rehabbing rental property with HGTV grade finishes in the Washington D.C. area and attracting Tier 1 tenants. A strategy he calls Big City BRRRR'ing.

114. Who Do You Know That I Should Know?

I share an update on the SBA Economic Injury Loan and dig into how I'm connecting with people during these uncertain times.