In this episode of Not Just A Transaction, host Nick Prefontaine speaks with real estate investor Paul Moore of Wellings Capital. He explains the importance of focusing on one business idea, and he shares how his company helps make commercial real estate investing easy for beginners.
Glossary of Special Terms Used in this Episode:
- Diversified funds – an investment that is spread across multiple markets or assets
What you’ll learn about in this episode:
- Why Paul Moore wishes he was not a serial entrepreneur
- What most billionaires have in common
- How to get started in commercial real estate with minimal effort
- What decision Paul made starting his entrepreneurial journey that he wouldn’t do again
- How Paul Moore hopes to help decrease human trafficking
- Twitter: https://twitter.com/PaulMooreInvest
- Facebook: https://www.facebook.com/wellingscapital
- LinkedIn: https://www.linkedin.com/company/wellings-capital-llc
- Website: https://www.wellingscapital.com
- Free special report: https://www.wellingscapital.com/resources
- Pre Property Solutions website: https://www.prepropertysolutions.com/
- Contact Us: https://www.prepropertysolutions.com/contact/
Paul Moore’s Bio:
After a stint at Ford Motor Company, Paul co-founded a staffing firm where he was finalist for Michigan Entrepreneur of the Year two years straight. After selling the staffing firm to a publicly traded company, Paul began investing in real estate, founded multiple investment and development companies, appeared on HGTV, and eventually completed 85+ real estate Investments and exits, including a large multifamily development.
He has contributed to Fox Business and is a regular contributor to Bigger-Pockets, producing live video and blog content regularly. Paul also co-hosted a wealth-building podcast called How to Lose Money and he’s been a featured guest on 200+ podcasts. Paul is the author of The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing and Storing Up Profits – Capitalize on America’s Obsession with Stuff by Investing in Self-Storage. Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm.
In 2003, Nick Prefontaine was in a snowboarding accident that left him in a coma for over 3 weeks. The doctors told his parents that he probably wouldn’t walk, talk, or eat on his own again. Less than 3 months later, he was running out of Franciscan Children’s hospital. Now Nick speaks to groups that benefit from his message of overcoming adversity.
Nick grew up in the real estate industry and got started at an early age. Most notably, he was knocking on Pre-Foreclosure doors at 16, doing up to 50 doors a day. This experience helped shape Nick’s real estate career. When someone opens the door you better have something compelling to say.
Now, Nick specializes in working with lease purchase buyers to get them into a home and on the path to home ownership. That includes working with them throughout the entire deal which ends in them being able to get their own loan. Getting buyers to the finish line is something Nick and the entire Pre Property Solutions team take pride in. That is something that separates them from their competition. Regardless of a buyer’s credit situation, he looks at their complete financial picture and comes up with a plan to get them into a home.
Zachary is an Amazon Best-Selling Author of The New Rules of Real Estate Investing and revised edition of Real Estate On Your Terms. He has been an authority in real estate for 7 years now and has personally completed hundreds of real estate transactions and has mentored investors to complete thousands of transactions.
At the age of 25, Zachary decided to leave the world of bartending and personally training and jump into the family business. Now he is an equal partner and runs the acquisitions department, focusing on helping sellers accomplish their goal of selling their property.
If Zachary is not working, you will find enjoying the outdoors or spending time with his wife Kayla and two kids Remi and Bellamy. His passion for family and business is what keeps him motivated and excited to take on each day.