• 160: The Wake-Up Call to Lead a Life by Design with Paul Thompson

  • Aug 1 2024
  • Duración: 1 h
  • Podcast

160: The Wake-Up Call to Lead a Life by Design with Paul Thompson

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  • Sometimes, a moment of clarity can lead you down a different career path—one that’s both a better fit for what you want in life and that offers new opportunities. On this episode of Zen and the Art of Real Estate Investing, Jonathan interviews Paul Thompson, a bestselling author, full-time real estate investor, coach, hard money lender, and host of The Wake Up Call podcast. He is also the founder of One Call Capital. Jonathan and Paul start by exploring what pushed Paul out of his comfortable W2 position and into a career in real estate investing. Paul shares one of the most common mistakes investors make, how his first property hooked him into real estate, and some hard lessons that led him to change his strategy. You’ll hear how a layoff propelled him to pursue a larger portfolio, why you need to learn what you’re good at and what to let go of, and the criteria he looks for in a first-time borrower as a hard money lender. Finally, Jonathan and Paul delve into Paul’s preference for assets that provide residential service, how he remains focused on his end goal, and his advice for finding a mentor or coach without paying for an expensive mastermind or coaching program. Paul Thompson has designed the life he wants after recognizing that the corporate world left him vulnerable to its whims, and with the right tools, you can do the same. In this episode, you will hear: Real estate’s role in Paul Thompson’s master life plan and the catalyst he needed to finally begin investingOne of the most common mistakes real estate investors makeWhy you don’t need to pay someone to tell you how to get into real estate investingPaul’s first investment property and how it hooked him into real estateSome of the hard lessons he had to learn before changing his strategyHow a layoff led to creating a bigger portfolioLearning what you’re good at and what to let go ofWhat Paul’s business offers to investorsThe criteria he looks for in a first-time borrowerWhy Paul prefers assets that provide a residential service and the mistake investors often makeRemaining focused on the end goal and how the EOS framework helps accomplish itFinding a mentor or a coach and Paul’s advice for new investors Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/160/ to download it. Supporting Resources: Real Estate 101 - www.realestate101.com Real Estate 101 on YouTube - www.youtube.com/@CommercialRealEstate101 Peter Conti’s Commercial Investing Community - www.facebook.com/groups/commercialinvestingcommunity Paul Thompson’s Instagram - www.instagram.com/pauldavidthompson Connect with Paul on LinkedIn - www.linkedin.com/in/paulthompson-onecallcapital Paul’s hub site - www.pauldavidthompson.com Paul Thompson on TikTok - www.tiktok.com/@pauldavidthompson Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - https://www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
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