Description:

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.

In this thought-provoking episode, Paul shares a profound life lesson he learned from a humbling experience in his corporate career. He emphasizes the importance of intellectual humility – recognizing that we don't have all the answers and being open to learning from our mistakes.

Paul discusses how embracing intellectual humility can lead to greater success, resilience, and personal growth, as it allows us to adapt and grow in ways we never thought possible. He encourages listeners to approach life with humility, knowing that challenges and curveballs will inevitably arise, and that putting our egos aside and being willing to learn from these experiences is crucial.

Key Takeaways:

1. Intellectual humility: Recognizing that we don't have all the answers and being open to learning from our mistakes is essential for personal growth and success.
2. Embracing challenges: Life will inevitably throw curveballs our way, and by acknowledging that we don't have everything figured out, we can better prepare ourselves to face and adapt to these challenges.
3. Letting go of ego: Putting our egos aside and being willing to learn from our circumstances and mistakes can lead to greater resilience and opportunities for growth.

► Resources

How can I help you?

Book a 1 on 1 strategy session here: https://shorturl.at/0Vntd

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My social media accounts https://linktr.ee/pauldavidthompson

Check out my blog here:https://pauldavidthompson.com/blog/

Build your real estate portfolio hassle free with me and SHARE. Book a call with us here. https://calendly.com/sfrteam/pdt-share?month=2024-04

Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide

Description:

In this insightful episode, Steven, a seasoned real estate investor, shares his journey from being in debt to building a successful real estate empire. He emphasizes the importance of due diligence, active management, and assessing individual circumstances before investing in properties.

Additionally, Steven discusses creative financing strategies, location considerations, and the potential of distressed properties for wealth building. Paul and Steven delve into the evolving interpretation of the American Dream, highlighting the increasing interest in real estate investments among younger generations.

Throughout the episode, Steven offers valuable insights and announces exciting initiatives, including a monthly $1,000 giveaway and the chance to win $500,000 to kickstart a real estate business.

Key Takeaways:

1. Thorough due diligence is crucial before investing in real estate to avoid impulsive purchases and ensure long-term success.

2. Active management and involvement are essential, even with the assistance of property managers, to maintain properties and maximize their value.

3. Location, time efficiency, and creative financing strategies are important factors to consider when investing in real estate.

4. Distressed properties can present opportunities for wealth building through value-added labor and renovation.

5. The American Dream is evolving, with younger generations showing interest in rental properties and Airbnb's as secondary income sources.

6. Authentic relationships and networking can be valuable in the real estate investment process.

7. Steven's initiatives, including a monthly giveaway and the chance to win $500,000, offer opportunities for individuals to enter the real estate business.

8. Diversifying interests and passions, such as Steven's newfound hobby of flying, can complement and enhance real estate investment strategies.

Follow Paul Thompson

• LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/

• Website | https://pauldavidthompson.com

• Tiktok | https://www.tiktok.com/@pauldavidthompson

Resources:

https://www.soarxconsulting.com/ - Steven’s website

The New American Dream: A Simple Roadmap to Purchasing Investment Properties

https://www.amazon.com/New-American-Dream-Purchasing-Investment-ebook/dp/B0CSLZMCCF?ref_=ast_author_mpb

https://pauldavidthompson.com/ - Real estate resources, past episodes, and information on my mastermind

I want to help you achieve financial and personal freedom.

1. Check out THIS link for some valuable resources

2. Click for a FREE WEBINAR to learn about your 12% ROI.

3. If you're ready to take action now, let's hop on a CALL now!

About Today’s Guest:

Steven Andrews is a real estate investor, business coach, and author with nearly a decade of experience in the rental market. After overcoming initial doubts, he went from buying supplemental properties to pursuing real estate full-time within nine years. Today, Steven owns and manages hundreds of properties through his virtual management company, Realty Management Group.

Driven to empower others, Steven founded SOARX Consulting in 2023. His first book "The New American Dream: A Simple Roadmap to Purchasing Investment Properties" outlines his strategies for real estate investing success. With hands-on expertise and an authentic approach, Steven is on a mission to guide others in achieving their real estate goals as a mentor and coach.

Description:

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.

In this episode, Krista and Paul discussed the advantages of Turbo Tenant, an all-in-one landlord software solution. Krista emphasized that the software, developed with input from landlords, offers a comprehensive suite of features and a free trial, making it accessible to a wider range of users. She also highlighted the company's affordable pricing, driven by its commitment to assist as many people as possible.

Paul expressed his appreciation for the company's practice of using its product, which he saw as a testament to its effectiveness and dedication to user experience. Additionally, they explore the challenges faced by landlords, such as financial compliance, auditing, and the importance of using data-driven decision-making in the real estate business.

Key Takeaways:

1. Turbo Tenant offers a comprehensive suite of features, including lease management, tenant screening, and a team of experienced landlords, to help landlords streamline their operations.

2. The software's lease management capabilities and support for mid-term rentals make it an attractive solution for landlords managing various rental properties.

3. Turbo Tenant's pre-screening system and compliance features help landlords follow fair housing laws, avoid vicarious liability, and ensure tax compliance.

4. The company provides educational resources, such as webinars, courses, and podcasts, to address common challenges faced by landlords and promote best practices.

5. Data-driven decision-making and streamlined processes are crucial for landlords to enhance profitability and build successful rental portfolios.

Follow Paul Thompson

• LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/

• Website | https://pauldavidthompson.com

• Tiktok | https://www.tiktok.com/@pauldavidthompson

Resources:

turbotenant.pxf.io/ZQa1J1

[email protected] Krista's Email

Listen to Krista’s monthly webinars here: https://www.turbotenant.com/education/webinars/

https://pauldavidthompson.com/ - Real estate resources, past episodes, and information on my mastermind

I want to help you achieve financial and personal freedom.

1. Check out THIS link for some valuable resources

2. Click for a FREE WEBINAR to learn about your 12% ROI.

3. If you're ready to take action now, let's hop on a CALL now!

About Today’s Guest:

Krista Reuther is the Senior Content Marketing Writer at TurboTenant. With over four years in the real estate industry, Krista provides data-driven, actionable content for landlords and renters. She's produced 46+ hours of webinars, analyzed 10,000+ survey responses, and publishes monthly webinars and ebooks.

Krista also co-hosts the Adventures in Landlording and Be a Better Landlord podcast, sharing her rental market expertise. Her deep industry knowledge and commitment to valuable content make her a true asset to the rental community.

Description:

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.

In this episode, Carmen and Paul dived in to the intricacies of structuring family-owned businesses and managing real estate investments. They discuss the use of subsidiaries, parent entities, and the advantages and challenges of various business structures. Additionally, they explore the benefits of self-directed IRAs for real estate investing, tax planning strategies, and asset structuring for optimal financial management and intergenerational wealth transfer.

Key Takeaways:

1. Utilizing subsidiaries and a parent entity can streamline management and consolidate filings for family-owned businesses operating in multiple states.

2. Separate entities and accounts are essential for managing real estate investments, with technology playing a crucial role in consolidation and integration.

3. Self-directed IRAs offer asset protection, tax benefits, and investment diversification opportunities for real estate investing, but require careful management.

4. Tax planning strategies, such as considering residency and transferring assets to states with favorable tax laws, are crucial for effective estate management and legacy creation.

5. Asset structuring and tax planning should align with personal goals and lifestyle design, with assets being a means to achieve specific purposes rather than an end goal in themselves.

Follow Paul Thompson

• LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/

• Website | https://pauldavidthompson.com

• Tiktok | https://www.tiktok.com/@pauldavidthompson

Resources:

• For more information on SHARE:pdt.sharesfr.com
• Book a call with SHARE to get started HERE
• Sign up for an account (to browse active listings, and to stay up to date with property releases and market launches) click HERE

I want to help you achieve financial and personal freedom.

1. Check out THIS link for some valuable resources

2. Click for a FREE WEBINAR to learn about your 12% ROI.

3. If you're ready to take action now, let's hop on a CALL now!

About Today’s Guest:

Carmen Da Silva is a financial trailblazer revolutionizing the real estate investing landscape. As a certified CPA in Canada and the USA, she honed her skills at Price Waterhouse Cooper before venturing into entrepreneurship. Carmen pioneered an innovative IaaS (Ins as a Service) platform, empowering boutique investment brokers to market tax-sheltered insurance through Family Office Teams, resulting in over $500M AUM within five years. Her strategic leadership culminated in the successful sale of the platform.

Currently, Carmen is the Co-Founder and CFO of SHARE, dedicated to streamlining the process of single-family rentals (SFR) ownership. Her mission is to make SFR investing more accessible and profitable for individuals while optimizing cash flow. Leveraging her extensive expertise in finance and taxation, Carmen is creating a seamless experience for investors at SHARE, redefining the way individuals approach real estate investing.

Description:

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.

In this insightful episode, host Paul welcomes Engelo, a self-made real estate entrepreneur with a unique background. From dropping out of school at 14 to playing professional soccer in Hong Kong, and later transitioning to construction and self-development, Engelo's journey is a testament to perseverance and the pursuit of one's passions.

Engelo shares his experiences in the US real estate market, particularly in Toledo, Ohio, where he found significant investment opportunities. He emphasizes the importance of networking, in-house property management, and focusing on cash flow fundamentals.

Engelo and Paul also discussed optimizing rental management, tenant experience, and achieving a balance between business and personal life.

Key Takeaways:

1. Perseverance and Self-Belief: Engelo's unconventional journey highlights the power of perseverance, self-belief, and pursuing one's passions, even without formal education.

2. Real Estate Investment Strategies: Engelo advocates for a slow and steady approach to real estate investing, focusing on cash flow fundamentals, and considering worst-case scenarios when underwriting deals.

3. Tenant Experience and Customer Service Excellence: Prioritizing tenant needs, such as affordability, safety, and convenience, and continuously improving business processes are crucial for creating a positive impact on the entire business.

4. Work-Life Balance: Finding a balance between business demands and personal life is essential to avoid burnout and maintain a fulfilling lifestyle.

Follow Paul Thompson

• LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/

• Website | https://pauldavidthompson.com

• Tiktok | https://www.tiktok.com/@pauldavidthompson

Resources:

https://www.linkedin.com/in/engelorumora/ Follow Engelo in LinkedIn

https://ohiocashflow.com/ Engelo’s Website

https://pauldavidthompson.com/ - Real estate resources, past episodes, and information on my mastermind

I want to help you achieve financial and personal freedom.

1. Check out THIS link for some valuable resources

2. Click for a FREE WEBINAR to learn about your 12% ROI.

3. If you're ready to take action now, let's hop on a CALL now!

About Today’s Guest:

Engelo Rumora is a passionate real estate visionary and the co-founder and CEO of Ohio Cashflow and Oz Realty. With over 1,000 property transactions worldwide, Engelo has diversified investments in tech, crypto, stocks, and oil funds. He has received numerous accolades, including the 30under30 entrepreneurs by Anthill in 2014 and ranking #1440 on the Inc. 5000 list in 2018. Engelo's mission is to help others achieve financial freedom through real estate investing, sharing his insights through publications, podcasts, and social media. He is also committed to giving back to the community and supporting various causes and charities.

Description:

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.

In this insightful episode, we delve into the entrepreneurial journey of Mateo, the CEO of Xseed, a software development company based in Uruguay. Mateo shares his inspiring story, from his early career as a manager in the teleconsultancy industry to his transition into the outsourcing sector and eventually becoming an entrepreneur.

He highlights the challenges he faced along the way, the mindset shifts required, and the importance of networking and seizing opportunities. Mateo also emphasizes the significance of building a strong team, delegating tasks effectively, and maintaining a healthy work-life balance as a business owner.

Key Takeaways:

1. Embrace Networking and Opportunities: Networking plays a crucial role in overcoming challenges and unlocking valuable opportunities, especially in the entrepreneurial journey.

2. Mindset Shift: Transitioning from an employee to a business owner requires a significant mindset shift, including being willing to take risks, fail quickly, and focus on areas of strength.

3. Persistence and Nurturing Relationships: Mateo's journey highlights the importance of persistence, trust, and nurturing potential in relationships, as it was through consistent efforts over a decade that he became a partner and eventually the CEO.

4. Building a Strong Team: Entrepreneurial success hinges on having the right people around you, both as an employee and an employer. A supportive team is essential for overcoming challenges and achieving goals.

5. Work-Life Balance: While entrepreneurship demands dedication and commitment, maintaining a healthy work-life balance is crucial for overall well-being and long-term success.

6. Delegation and Seeking Advice: Effective delegation of tasks and seeking advice from others are vital strategies for entrepreneurs, enabling them to focus on their strengths and leverage the expertise of their team.

Follow Paul Thompson

• LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/

• Website | https://pauldavidthompson.com

• Tiktok | https://www.tiktok.com/@pauldavidthompson

Resources:

https://www.xseed.com.uy/ - Matteo’s Website

www.PaulDavidThompson.com - Real estate resources, past episodes, and information on my mastermind

I want to help you achieve financial and personal freedom.

1. Check out THIS link for some valuable resources

2. Click for a FREE WEBINAR to learn about your 12% ROI.

3. If you're ready to take action now, let's hop on a CALL now!

About Today’s Guest:

Mateo is the CEO and co-founder of Xseed, a software development company based in Uruguay. His journey from an employee to a successful entrepreneur is a testament to perseverance and adaptability. Originally starting as a manager in the teleconsultancy industry, Mateo transitioned to the outsourcing sector before taking the leap into entrepreneurship. This transition required a significant mindset shift, embracing risk-taking and focusing on his strengths.

Through over a decade of consistent efforts, nurturing relationships, and building trust, Mateo became a partner in a software company and eventually ascended to the role of CEO at Xseed. Today, Xseed provides staff augmentation and project services to US companies across various industries, with a diverse team of specialists. Mateo's compelling story highlights the importance of networking, seizing opportunities, building strong teams, and maintaining a healthy work-life balance – invaluable lessons for aspiring entrepreneurs.

Description:

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.

In this episode, we sit down with Andrew, the founder of LevelFields AI, to discuss how his company is using advanced data analysis and artificial intelligence to give individual investors access to the same powerful insights that were previously only available to large financial institutions.

Andrew shares how his platform scans thousands of news sources and company filings in real-time to detect market-moving events and predict their impact on stock prices. He explains how this technology can be used for both short-term trading strategies as well as longer-term portfolio management. We explore the implications of democratizing this type of high-powered analytics and how it has the potential to fundamentally change the investment landscape.

Key Takeaways:

1. LevelFields AI is using AI and natural language processing to extract insights from massive amounts of unstructured data that would be impossible for humans to process alone.

2. This technology allows individual investors to quickly identify potential catalysts for stock price movements and make more informed trading decisions.

3. By making advanced data analysis accessible for a few hundred dollars per year, LevelFields is "leveling the playing field" between individual investors and large financial institutions.

4. The platform can be used for both short-term trading strategies as well as longer-term portfolio management by providing rapid alerts and predictions about upcoming events.

5. Democratizing access to this type of high-powered analytics has the potential to significantly disrupt traditional investment practices and give more power to individual market participants.

Follow Paul Thompson

• LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/

• Website | https://pauldavidthompson.com

• Tiktok | https://www.tiktok.com/@pauldavidthompson

Resources:

https://www.levelfields.ai/

Discount code: podcast23

www.PaulDavidThompson.com - Real estate resources, past episodes, and information on my mastermind

I want to help you achieve financial and personal freedom.

1. Check out THIS link for some valuable resources

2. Click for a FREE WEBINAR to learn about your 12% ROI.

3. If you're ready to take action now, let's hop on a CALL now!

About Today’s Guest:

Andrew is the founder of LevelFields AI, a fintech company that is using advanced data analysis and artificial intelligence to democratize Wall Street. With nearly two decades of experience working with large datasets and unstructured data, Andrew recognized an opportunity to give individual investors the same powerful analytical capabilities that were previously only accessible to big hedge funds and asset management firms.

Prior to founding LevelFields, Andrew had a diverse career. He started as an epidemiologist studying cancer clusters and toxicity issues around oil rigs, then transitioned into consulting work for government agencies like NASA, the FAA, and the Department of Defense. This led him to start his first software company in 2010, which focused on reputation management for public companies.

After selling that business in 2019, Andrew and his team began developing the technology behind LevelFields, using AI and natural language processing to rapidly identify market-moving events and predict their impact on stock prices. By making this advanced analytics accessible to individual investors, Andrew aims to "level the playing field" and disrupt traditional investment practices.

Description:

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy.

In this episode, Paul and Brad delve deep into the intricate world of college planning and financing. They discuss the critical steps involved in the late-stage college planning process, including visits, testing, negotiating with schools, and securing various forms of financial aid.

They also explore the differences in guidance counseling services between private and public schools, and the importance of understanding the available resources. Additionally, they provide insights on strategies for financing a college education without incurring excessive debt, the complexities of the FAFSA system, and the potential impact of assets and business ownership on financial aid eligibility. Whether you're a parent with college-bound children or a student preparing for the next chapter, this episode is a must-listen to navigate the challenges and opportunities of the college journey.

Key Takeaways:

1. Comprehensive college planning: The importance of early preparation, thorough research, and understanding the financial implications of the college selection process.

2. Navigating the financial aid landscape: Strategies for identifying and applying for scholarships, understanding the FAFSA system, and managing the complexities of need-based aid.

3. Financing college without debt: Exploring alternative financing options, such as leveraging assets and business ownership, to minimize student debt.

4. Guidance counseling differences: Recognizing the variations in college counseling services between private and public schools, and the need for proactive parental involvement.

5. Staying informed and seeking expert assistance: Utilizing available resources, such as college planning websites and professional consultations, to make informed decisions and navigate the college financing process.

Follow Paul Thompson

• LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/

• Website | https://pauldavidthompson.com

• Tiktok | https://www.tiktok.com/@pauldavidthompson

Resources:

https://tamingthehighcostofcollege.com/ - Brad’s Website

www.PaulDavidThompson.com - Real estate resources, past episodes, and information on my mastermind

I want to help you achieve financial and personal freedom.

1. Check out THIS link for some valuable resources

2. Click for a FREE WEBINAR to learn about your 12% ROI.

3. If you're ready to take action now, let's hop on a CALL now!

About Today’s Guest:

Brad Baldridge is one of the nation's leading college financial experts. For over 20 years, he has dedicated his career to teaching families the best strategies to plan, save, and pay for college. His mission is to help parents and students make their college dreams a reality without compromising their financial security or retirement.

Brad shares his expertise and insights through various channels. As the founder of a private practice, a blogger, and the host of the Taming the High Cost of College Podcast, he has established himself as a trusted authority in the field of college financing. Additionally, he frequently presents at workshops and seminars, further amplifying his reach and impact.

With his comprehensive knowledge and personalized approach, Baldridge empowers families to navigate the complex landscape of college planning and funding. He equips them with the tools and strategies necessary to make informed decisions, secure financial aid, and minimize debt – all while ensuring their long-term financial well-being.

Description:

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy.

In this episode, Paul Thompson shares his insights on developing an effective process for running a successful business. He outlines his approach to setting big, hairy, audacious goals, breaking them down into a 3-year vision and 1-year plan, and then implementing a cadence of weekly tactical meetings and daily huddles to drive execution and accountability.

Paul emphasizes the importance of having clear metrics, identifying bottlenecks, and building systems that can scale without constant intervention from the business owner. Whether you're a seasoned entrepreneur or just starting, this episode provides valuable takeaways on how to build a thriving, self-sustaining business.

Key Takeaways:

1. Define a clear, measurable "big, hairy, audacious goal" that aligns with your company's mission.

2. Break down your long-term vision into a 1-year plan with specific initiatives and key performance indicators.

3. Implement a rhythm of weekly tactical meetings and daily huddles to drive accountability and continuous improvement.

4. Identify and address the bottlenecks in your business, whether it's processes, communication, or your own involvement.

5. Strive to build a well-oiled machine that can operate with little to no direct oversight from the business owner.

Follow Paul Thompson

• LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/

• Website | https://pauldavidthompson.com

• Tiktok | https://www.tiktok.com/@pauldavidthompson

Resources:

www.PaulDavidThompson.com - Real estate resources, past episodes, and information on my mastermind

I want to help you achieve financial and personal freedom.

Check out THIS link for some valuable resources

Click for a FREE WEBINAR to learn about your 12% ROI.

If you're ready to take action now, let's hop on a CALL now!

Description:

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy.

In this introspective episode, Paul Thompson reflects on two pivotal journeys – his marriage and entrepreneurial ventures. As he celebrates his 19th wedding anniversary, Paul shares poignant insights on the evolving phases of marriage and the intentional commitment required to build a lasting partnership. He then shifts gears, discussing his involvement in an ambitious mastermind group focused on exponential business growth without sacrificing personal well-being.

Paul offers a candid glimpse into the intricate art of balancing entrepreneurial ambitions with family priorities. He stresses the importance of continuous reflection, crystalizing your core values, and meticulously designing processes aligned with those principles. From delegation strategies to over-communicating vision, Paul examines practices that foster excellence while maintaining integrity.

Ultimately, he challenges listeners to ponder their deepest priorities – are you living congruently with your convictions? This thought-provoking discussion will inspire you to craft an intentional lifestyle by design.

Key Takeaways:

1. Marriages require continuous nurturing through changing phases and transitions.
2. Align your entrepreneurial pursuits with your core values to find fulfillment.
3. Design efficient processes that elevate your vision while enabling work-life balance.
4. Delegate tasks effectively to maintain your desired quality of life.
5. Live with integrity by aligning your actions with your mission and principles.
6. Conduct regular self-reflection to ensure you're living life by your own design.

Follow Paul Thompson

• LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/

• Website | https://pauldavidthompson.com

• Tiktok | https://www.tiktok.com/@pauldavidthompson

Resources:

www.PaulDavidThompson.com - Real estate resources, past episodes, and information on my mastermind

I want to help you achieve financial and personal freedom.

Check out THIS link for some valuable resources

Click for a FREE WEBINAR to learn about your 12% ROI.

If you're ready to take action now, let's hop on a CALL now!