Multifamily Legacy Podcast 121: Mindset Matters: Feed Your Brain Every Day
It may feel like the world is falling apart with all the pain, fear, and doubt due to the COVID-19 pandemic. Don’t give up hope, ambition, and drive. Now, more than ever, mindset matters.
Today’s guest is Paul Lizell, a real estate investor who has bought and sold more than 1,000 properties nationwide. He enjoys helping home buyers and sellers, as well as improving communities.
Topics on Today’s Episode:
- Believe to Achieve: Paul’s success due to coaching, education, and systems
- Wealth Models: Diversify real estate portfolio for multiple streams of income
- Passive Income: Safe, consistent, profitable source with tax benefits
- Deal Difference: Do fewer deals for bigger profits to put into rentals
- Numbers Game: Find real estate deals via online sites and offline marketing
- Millennials: Great renters with good jobs, but they want flexibility and mobility
- Coaching and Competition: Focus, lead the way, always go over fundamentals
- COVID-19 Catalyst: Anticipate and pivot to potential opportunities
- Cash Flow: Investors have cash and looking to spend on other projects
- Short- vs. Long-term Loans: Get private lenders lined up for financing
- REO Auction Academy: Learn how to buy properties via online auctions
Links and Resources Mentioned:
- REO Auction Academy
- Auction
- Hubzu
- Hudson and Marshall
- RealtyBid
- HUDHomeStore
- Fannie Mae
- Freddie Mac
- Paycheck Protection Program (PPP)
- Federal Reserve and U.S. Treasury
- The Last Dance with Michael Jordan
- 1984 by George Orwell
- Kahuna Investments (Deal Room)
- Kahuna Boardroom
- Kahuna Cashflow on Instagram
- KahunaHQ
- Multifamily Legacy Podcast on YouTube
- Multifamily Legacy Podcast on Facebook
Quotes:
“Paul attributes his success in business and investing in coaching, education, systems, and at the end of all that is his belief.“ Corey Peterson
“Not paying taxes is a beautiful thing. Uncle Sam, he's loyal. He ain't never, ever going to cheat on you.” Corey Peterson
“This is when you buy, when there's blood in the streets. When there's fear, when there's uncertainty, you can buy cheaper.” Corey Peterson
“When I'm coaching my kids in sports...I always go over the basics of fundamentals over, and over, and over again.” Paul Lizell
Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.
Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.