{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"TGCI 209: Principles of Investing & Author of Perfect Investment ","description":"In today\u2019s show, Pancham interviews Paul Moore - founder and managing partner of Wellings Capital, and author of Storing Up Profits: Capitalize on America's Obsession with STUFF by Investing in Self-Storage and The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing. Paul began investing in real estate after selling his company to a publicly traded firm. From speculating transactions to going as a full-time investor, the two-time finalist for Michigan Entrepreneur of the Year has launched investment and development firms and has completed over 100 commercial and residential investments and exits! The ultimate investing rock star is ready to unpack his wealth of knowledge as he explains how he started his investing journey and how he got to where he is today. Don\u2019t miss out as he shares his life lessons, principles, and the perfect wealth-building opportunities to look out for! Listen and enjoy the show!   Quote: \u201cI believe that the greatest wealth-building opportunities are always to those who patiently invest.\u201d Timestamped Shownotes: 0:41 - Pancham introduces Paul to the show 2:54 - From speculator to being a full-time real estate investor 7:29 - Why he pivoted away from investing in multifamily properties 15:48 - The perfect asset class for him that you can look out for 18:28 - RV parks trends and why they are currently the best investment 23:21 - On applying and learning from Warren Buffett's principles 28:27 - How his morning routine helped with his productivity 32:46 - Taking the Leap Round 32:46 - Coffee makers and house flipping as his first investments 34:48 - His fears when he first started house flipping in 2000 36:16 - Why his 3 mobile home park investments did not work out 39:04 - Why you should stay focused and invest with the best experts 42:05 - How you can connect and get your free resources from Paul 3 Key Points: Investing in real estate properties outside Wall Street is one way to build wealth and earn high returns. There are many asset classes to watch for and invest in because current trends indicate that they could generate a lot of wealth in the near future. There is a significant increase in the production of RV parks and people who want to go camping thus, investing in RV parks is expected to yield promising returns. Get in Touch: Paul Moore Email - paul@wellingscapital.com Get access to free eCourse and free eBooks at https:\/\/www.wellingscapital.com\/resources Wellings Capital Website - https:\/\/www.wellingscapital.com\/ How to Lose Money Podcast - https:\/\/podcasts.apple.com\/us\/podcast\/how-to-lose-money\/id1170805348 The Gold Collar Investor Club - https:\/\/thegoldcollarinvestor.com\/club\/ Pancham Gupta Email - p@thegoldcollarinvestor.com Books: Storing Up Profits: Capitalize on America's Obsession with STUFF by Investing in Self-Storage by Paul Moore - https:\/\/www.amazon.com\/Storing-Profits-Capitalize-Obsession-Self-Storage\/dp\/1947200488 The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing by Paul Moore - https:\/\/www.amazon.com\/Perfect-Investment-Enduring-Historic-Multifamily\/dp\/153700395X 80\/20 Sales and Marketing: The Definitive Guide to Working Less and Making More by Perry Marshall - https:\/\/www.amazon.com\/80-20-Sales-Marketing-Definitive\/dp\/1599185059 The Forgotten Way Meditations: The Path of Yeshua for Power and Peace in This Life by Ted Dekker - https:\/\/www.amazon.com\/Forgotten-Way-Meditations-Yeshua-Power\/dp\/0996812407 The 49th Mystic (Beyond the Circle) by Ted Dekker - https:\/\/www.amazon.com\/49th-Mystic-Beyond-Circle\/dp\/0800729781 ","author_name":"The Gold Collar Investor","author_url":"http:\/\/www.TheGoldCollarInvestor.com","html":"