#41: How To Start Your Own Fund with Paul Moore
If you haven't noticed yet, I love podcasting. I think my guests are so interesting. And then every once in a while, a guest comes along that just blows it out of the water. That's what happened when I interviewed Paul Moore. It was supposed to be a discussion on how to set up a fund (don't worry, we got to that) but it morphed into one of the best discussions about the state of the multifamily industry. This one will be nominated for a 2020 Award!
Listen to all our episodes and leave a review: HERE
Download Podcast: HERE
Subscribe: Apple | Google Play | Stitcher | Spotify
How To Start Your Own Fund with Paul Moore
Paul Moore is the managing director and co-founder of Wellings Capital, a private equity commercial real estate fund. Wellings Capital holds real estate assets valued at over $500 Million. You don't have a real estate fund worth over $500 Million and not know what you're talking about or what's happening in the industry.
Paul began his career working at a Ford motor plant. He departed after 5 years to start his own staffing company and was a finalist for Earnest & Young Entrepreneur of The Year. After a brief retirement stint in 2000, Paul began investing to protect and grow his assets.
Because of the sale of his first company, Paul had a couple million in the bank. He initially got started investing in real estate out of boredom, but quickly realized that it's a path to wealth. This is when Paul decided to help other wealthy individuals grow and protect their assets.
In this episode you'll also learn:
- The 7 reasons why multifamily is overheated
- Why 2 years ago Paul expanded into self-storage and mobile home parks
- How Paul finds the best-in-class operators
- How Paul raises money for his fund
- What the Forbes 400 wealthiest individuals all have in common
Connect with Paul:
Links mentioned in the show:
Clockwork by Mike Michalowicz
Big Shifts Ahead by John Burns and Chris Porter
We Need Your Help!
Help us reach a broader audience on iTunes by leaving the podcast a rating and review. It takes just 30 seconds! You can leave a review by going: HERE
