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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 investing
- One of the most common mistakes real estate investors make
- Why you don’t need to pay someone to tell you how to get into real estate investing
- Paul’s first investment property and how it hooked him into real estate
- Some of the hard lessons he had to learn before changing his strategy
- How a layoff led to creating a bigger portfolio
- Learning what you’re good at and what to let go of
- What Paul’s business offers to investors
- The criteria he looks for in a first-time borrower
- Why Paul prefers assets that provide a residential service and the mistake investors often make
- Remaining focused on the end goal and how the EOS framework helps accomplish it
- Finding a mentor or a coach and Paul’s advice for new investors
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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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