Ready Investor One

Ready Investor One

www.pauldavidthompson.com
Teaching busy professionals how to build streams of income using real estate so they can build wealth and retire sooner while leading a life of their design.


127. A Day In The Life Of A Full-Time Real Estate Investor
Jul 8 • 42 min
126. Let’s Sell Some Houses…
Jul 1 • 18 min
I predict what is about to happen in the real estate market based on current trends and share where the opportunities are and where to find them.
125. Deal Diary About Large MultiFamily
Jun 24 • 17 min
2 case studies reviewing at a high level the considerations you may think about when investing in Multifamily
124. What A Year 2020 Has Been
Jun 17 • 18 min
123. A Small Multifamily Residence Deal Analysis
Jun 10 • 24 min
122. The Unrequired Work That Separates You
Jun 3 • 18 min
121. Deal Diary - Single Family Rental BRRRR use case
May 27 • 26 min
120. Mastering Online Marketing with Josh Eberly
May 20 • 44 min
Online marketing can be a tough nut to crack, but if done right, its rewards on the profit side are undeniable. Through various digital advertising strategies, you can generate a lot of leads of varying qualities, which you can then follow up with your…
119. Start For The Cash Flow, Stay For The Community: The Value Of Your Network In This Pandemic
May 13 • 14 min
In this episode, Paul David Thompson talks about how he is keeping in touch with other investors. As a big believer in masterminds and communities, he shows us the value of how much our network influences us. That is why it helps to make sure that the…
118. Landlord Automation Using Free Tools with Jared Hanson
May 6 • 46 min
In episode 118 how to use free tools to automate and simplify the screening process as a landlord so you can feel confident to grow your portfolio and free up your time.
117. When Escape May Not Be The Best Plan with Justin Hannah
Apr 29 • 41 min
In episode 117 I’m joined by investor and podcaster Justin Hannah from Northern California. He shares his situation where COVID19 may keep him from quitting his day job as he planned and what that means for his future plans as a real estate investor.
116. The Best Laid Plans…
Apr 22 • 20 min
In episode 116 I talk about lifestyle design, creating income without having to go to work or have a traditional job, and dealing with the uncertainty of our current covid19 condition and what you can do about it.
115. Big City BRRRR’ing with Dr. Joe Asamoah
Apr 15 • 63 min
In episode 115 I’m joined by Dr. Joe Asamoah who specializes in rehabbing rental property with HGTV grade finishes in the Washington D.C. area and attracting Tier 1 tenants. A strategy he calls Big City BRRRR’ing.
114. Who do you know that I should know?
Apr 8 • 17 min
I share an update on the SBA Economic Injury Loan and dig into how I’m connecting with people during these uncertain times.
113. Be Proactive!
Apr 1 • 27 min
In episode 113 I find inspiration and opportunity from the classic book 7 Habits of Highly Effective People. How to be proactive in these trying times!
112. AirBnB, Cohosting, and The Coronavirus
Mar 25 • 38 min
I’m joined by Zeona McIntyre who is an investor from Boulder, Colorado who specializes in AirBnb and Cohosting. She explains the different 4 ways you can get involved with AirBnB investing. Stay tuned to the very end for a special breaking announcement.
111. What the Coronavirus Spells for Real Estate Investors
Mar 18 • 26 min
Low rates and virus-fueled economic turmoil may be exactly what you’ve been waiting for… Be greedy when others are fearful. Does it seem like people are fearful? And with good reason. I share where the opportunity lies.
110. Real Estate is the Vehicle - Family, Food, and Friends with Tim Herriage
Mar 11 • 48 min
In episode 110 I’m joined by Tim Herriage who shares his experience growing real estate businesses, how networking played a significant role in his development, and what he sees as the current opportunity in today’s market.
109. How to Make Offers
Mar 4 • 32 min
Episode 109 explains how to make offers using the Maximum Allowable Offer (MAO). This is the conclusion of the 3 part series that breaks down the MAO formula and you can apply it as a wholesaler or a flipper.
108. How to Calculate Rehab Costs
Feb 26 • 30 min
I share 3 methods on how to calculate rehab costs for fix and flip deals. I explain the pros and cons of each and when you should use each.
107. How to Calculate ARV
Feb 19 • 20 min
I share my process for calculating the value of a property using free tools. 3 rules and 4 step process is all you need and you can determine the ARV (After Repaired Value) of a property in less than 15 minutes.
106. Build Success Brick by Brick
Feb 12 • 18 min
Build the foundation and castle of success by doing the necessary daily activities. Success is achieved over time and there’s no magic elixir or secret sauce. It all takes work, done consistently over time towards your desired outcome. I share what I’m…
105. Ninja Negotiation Tactics
Feb 5 • 29 min
12 talking points to use when negotiating. It’s all about finding the other party’s motivation and pain points and creating a solution that is a win/win or no deal.
104. The Next Great Gift for Real Estate Investors
Jan 29 • 23 min
Episode 104 introduces opportunity zones and how a small, closely-held real estate company can create significant wealth using a common strategy people are already familiar with but doing it inside of qualified opportunity zones. Many even say this is a…
103. Taking No For An Answer
Jan 22 • 14 min
In episode 103 I share 2 examples of where I’ve been accepting NO for an answer. In both cases, these were limiting beliefs where I allowed myself to live inside a box. Maybe you have a similar challenge. Where are you taking ‘No’ for an answer?
102. Establish Your Credibility Packet
Jan 15 • 17 min
In episode 102 I explain how and why creating your credibility packet is so important to your current and future success as a real estate using creative financing.
101. Take What The Market Gives You
Jan 8 • 14 min
What is available in the market going into 2020? In episode 101 I discuss several options that are available in current market conditions.
100. Escape Plan
Jan 1 • 15 min
Happy New Year! Episode 100 has a special treat where I debut a professional recording of my book Escape!
99. Two Words To The Secret of Life
Dec 24, 2019 • 22 min
Imagine knowing the simple answer to the meaning and purpose of life. I share that with you in episode 99 and give you some specific examples of how to put it into practice.
98. The Chart That Will Change Your Life
Dec 18, 2019 • 21 min
In episode 98 I describe a concept of a simple concept with a profound impact on your life. When you realize how simple an idea this is and understand the impact it has on your life I hope it inspires you to install it in your life.
97. Build Your Trust Counsel
Dec 11, 2019 • 19 min
Episode 97 discusses the importance of building an inner circle of trusted counselors who serve as a cohort of people to give unvarnished feedback where you actively seek out constructive criticism from trusted, respected peers.
96. Feeling the Fundamentals
Dec 4, 2019 • 21 min
In episode 96 I discuss the process to build mastery by building incrementally from simplicity to complexity.
95. Choose Your State
Nov 27, 2019 • 17 min
Episode 95 suggests you have control of your happiness right now, right where you are. Instead of chasing an end state that will create happiness we can accept what is. This week might be the perfect week to step back and reflect in the spirit of…
94. How to Recession Proof Your Business with David Richter from Simple CFO Solutions
Nov 20, 2019 • 43 min
In episode 94 David Richter from Simple CFO Solutions shares with me his strategy to recession-proof your real estate investing business.
93. Three to Thrive - How to Escape Your Day Job in 2020
Nov 13, 2019 • 15 min
In Episode 93 we roll up our sleeves and get specific on a plan you can follow in order to fire your boss, control your schedule, and become a full-time self-employed business owner that has enough income to comfortably cover your basic living expenses.…
92. The Power of a Solo401k
Nov 6, 2019 • 24 min
Episode 92 discusses the advantages of one of the greatest gifts in the IRS tax code, the solo 401k. I cover how incredibly useful this account can be for a developing investor who is transitioning from their W2 to a full-time self-employment using real…
91. Get Ready For Your Clear 2020 Vision
Oct 30, 2019 • 18 min
Episode 91 encourages you to get a jump start on developing your vision for 2020. It will be here before you know it. I share with you a big win from reviewing and creating my goals and how you can do the same.
90. Turning the Flywheel and Watching Your Portfolio Sky Rocket
Oct 23, 2019 • 25 min
Episode 90 is inspired by Jim Collins’ book ‘Good to Great’ and ‘Why some companies build momentum and others don’t. Turning the Flywheel.’ After a brief explanation of the Flywheel concept, I share how you can apply this to your business and create…
89. Land Trusts, Next Steps and Private Money … Oh My!
Oct 16, 2019 • 19 min
In episode 89 I answer listener questions about holding title in Trust, what the next steps are in one listener’s circumstances and what my rules of thumb are when negotiating owner financing and private money.
88. Worried about saying the right thing? Here’s the fix!
Oct 9, 2019 • 17 min
Do you ever worry about saying the wrong thing when talking to a motivated seller? Well, you aren’t the only one. It’s one of the most common concerns I hear… “What am I supposed to say? I’m afraid I will say the wrong thing!” The good news is you can’t…
87. The Secret to Raising Private Money
Oct 2, 2019 • 28 min
In episode 87 I share the process I use to raise private money to fund all of my deals. I don’t use traditional banks to fund my purchases any more. I’ve decided I’d rather work with people and pay them interest. Here’s how I do it!
86. Take Control of Your W’s
Sep 25, 2019 • 17 min
This episode invites you to examine how many W’s you have control in your life. Who do you spend your time with? Where do I want to live? What do you want to spend your time doing? What do I enjoy doing? When you do certain things? Why do I spend my money…
85. Find and Cultivate Your Currency
Sep 18, 2019 • 19 min
In Episode 85 I play the concept of currency and challenge you find what your currency is by evaluating your value proposition to the market. Then I suggest some ideas on how you can cultivate your currency to help you get what you want!
84. Shrink Your Thinking and Expand Your World
Sep 11, 2019 • 25 min
Episode 84 explores how you can shrink your thinking to specific and measurable goals that yields profound results over time.
83. When to Slay The Golden Goose
Sep 4, 2019 • 18 min
Episode 83 covers how to prune your portfolio as you become a more sophisticated investor and when it’s appropriate to eat your equity!
82. Your Money Roadmap Challenge with Anna Sergunina
Aug 28, 2019 • 39 min
I’m talking why we all need to a comprehensive financial plan (that means you) with a fee only Certified Financial Planner from Main Street Planning Check out Anna’s 28 day Money Roadmap Challenge that is kicking off September 2nd.
81. Looking for a Deal? Then Partner Up…
Aug 21, 2019 • 22 min
Looking for deal flow, partner with someone else who already has deal flow… wonder how? Well I’ll show you exactly how!
80. The Paradox of Wealth
Aug 14, 2019 • 23 min
What do you think is holding you back from becoming wealthy? And more importantly how do you define wealth? Today I explore the relationship between time vs. money and how it impacts your personal wealth and lifestyle goals.
78. The Reason Behind ‘Ready Investor One’
Jul 31, 2019 • 14 min
77. Using Trusts: An Investing Philosophy with Walter Wofford
Jul 24, 2019 • 43 min
Episode 77 is the 3rd installment with Walter Wofford. We discuss the benefits of using trusts in your real estate investing business. Walter and I both agree you should be holding title in trusts for your assets. We also discuss the underlying investing…
76. Leave a Lasting Legacy with Inherited Roth IRAs
Jul 17, 2019 • 29 min
In episode 76 Walter Wofford joins me to explain what an inherited Roth IRA, why this type of account is unique, and shares a resource you can use to establish one for yourself. You can get Walter’s info and a free gift from by testing the work ‘investor’…
75. Make Investing a Team Sport with Walter Wofford
Jul 10, 2019 • 47 min
In episode 75 I chat with Walter Wofford, a 38 year veteran of the real estate investing business who transacted 1500+ deals. He shares what the Financial Friends Network is, its origin, and how investing is better as a team sport.
74. What is a Stretch IRA?
Jul 3, 2019 • 14 min
In episode 74 I talk about the amazing tax benefits of a “stretch IRA” or an inherited IRA. I also share how you might go about getting one for yourself. This is profound wealth building opportunity once you wrap your head around the concept.
73. 7 Ways to Grow a Small IRA
Jun 25, 2019 • 24 min
In Episode 73 I break down 7 techniques you can use to grow your IRA that doesn’t have a lot of cash in it so you can take the next step in building your tax free wealth.
72. Self Directed Investing
Jun 19, 2019 • 16 min
Episode 72 explains what self directed investing is and why you might consider it for your portfolio.
71. An Introvert’s Guide to Master Networking with Ken Carfagno
Jun 12, 2019 • 42 min
In Episode 71 Ken Carfagno joins me in discussing how to be effective at networking while being an introvert. You can learn more about Ken on his website SmartCleaningBiz.com
70. How to extract as much fun out of life and take personal responsibility with David Zach
Jun 5, 2019 • 41 min
In Episode 70 I chat with Adam Zach who went from a new college graduate who was thinking more about how to beer pong than growing his wealth to owning 12 rental units by the time he was 30.
69. Impact Investing
May 29, 2019 • 14 min
Episode 69 covers a fantastic investing model where you can great a truly win/win scenario where you’re doing a service to the community, improving your returns, and minimizing your tax burden. If there’s a secret weapon to investing this model is it!
68. 3 Ways to Maximize Profits on Lower Income Properties
May 22, 2019 • 16 min
Tenants and Toilets can be a real nuisance, especially in lower income areas. But owning real estate can be a significant boon to your net worth and your provide additional income streams. Episode 68 describes 3 ways to maximize profits while minimizing…
67. 7 Secrets to Legally Weed Out Bad Tenants
May 15, 2019 • 19 min
In Episode 67 I share 7 ways to attract the best tenants and weed out problem tenants. And it’s not what you think. Yeah we know it’s about screening. These are 7 specific steps on how to screen that you probably haven’t thought about before!
66. Your First Line of Defense
May 8, 2019 • 18 min
In Episode 66 I cover the often overlooked first line of defense for any asset protection strategy… insurance. I cost myself $20K by being too cheap with my coverage. Listen to this episode so you don’t make the same mistake.
65. What is Your Endgame?
May 1, 2019 • 10 min
In Episode 65 I play with the notion of looking ahead and defining what your endgame is in your life and your investments. I’m taking inspiration from Avenger’s Endgame successful $1.2B opening weekend and discuss what lessons we can take take from Marvel…
64. How To Think About Buying Assets
Apr 24, 2019 • 18 min
In episode 64 I talk about how to consider buying a specific asset. What a cap rate is, how to calculate it, and why cash on cash return can be a misleading measure of returns.
63. Granny Hacking with Elizabeth Ralph Part 2
Apr 17, 2019 • 21 min
In Episode 63 I continue my conversation with Elizabeth Ralph and we discuss an opportunity she is seeing in her market that could potentially be used in other markets. You have to be able to find your “in” to the current market and this is a possibility…
How to Escape Your W2 with Elizabeth Ralph
Apr 10, 2019 • 32 min
In episode 62, listen in to a compelling story of how a corporate finance employee breaks out of the matrix by investing in real estate. Elizabeth Ralph shares her personal story of how she redesigned her life to be in alignment with her life goals.…
61. How to Find Motivation and Glide Into Your Optimal Life
Apr 3, 2019 • 20 min
Do you ever struggle with motivation to keep plugging away at finding new deals, managing your portfolio, and achieving your goal of financial independence? Of course you do. So did I and so does everyone else. This episode will give you a boost and help…
60. 5 Ways to Overcome the Overwhelm
Mar 27, 2019 • 20 min
In episode 60 I share 5 ways to overcome the chaos of modern life and focus on getting done what matters most to you. 1. Define specific, short-term deadlines 2. Pareto the Tasks 3. Trust Your Gut 4. Develop The Habit of Finishing 5. Practice Quitting
59. Clarify Your Focus and Spring Into Action
Mar 20, 2019 • 20 min
Based on your stage in life, you’ll determine whether you should be a real estate entrepreneur or passive investor and where to focus your energy. Your stage in life can largely influence what your next action starter - cash flow creation stability - cash…
58. REI for the W2 Employee with Jay Helms
Mar 13, 2019 • 52 min
In episode 58 I chat with Jay Helms about his story, his development as a real estate investor, his relationship with his w2 job and much more. You can find Jay at www.w2capitalist.com
57. 10 Things Every Investor Should Buy
Mar 6, 2019 • 28 min
10 Things Every Investor Should Buy Services 1. Term life insurance Knowledge 2. Library card 3. Read 1 hour a day 4. Mentor or coaching Assets 5. Pay yourself first 6. Personal Residence - make it an asset 7. liquid assets - index fund 8. rental property…
56. BRRRR Made Simple
Feb 27, 2019 • 15 min
The BRRRR method is an investing technique that is sweeping across the country. In David Greene’s new book from Biggerpockets, he explains the process in a way that makes it marvelously simple. I know of no better place to get this strategy explained in…
55. Five Keys to Property Investing
Feb 20, 2019 • 21 min
To be a successful investor you need each of these 5 keys. Know the rules of the game Know techniques for investing Have access to money Have access to deals Have a network of people to work with
54. Compounding Essential Execution
Feb 13, 2019 • 32 min
Today I cover a mashup on content from several influential books in my life. Those books are: The Compound Effect by Darren Hardy The One Thing by Gary Keller and Jay Papasan Essentialism by Greg Mckeown 4 Disciplines of Execution Deep Work by Cal Newport…
53. Live An Exponential Life
Feb 6, 2019 • 19 min
Choose between two strategies in life. One is a Linear Life and the other is an Exponential Life. I share practical examples of how you can shift your thinking to live an Exponential Live.
52. A Properly Run Mastermind?
Jan 30, 2019 • 66 min
Fellow podcasting friend Daray and I discuss various aspects of a property run mastermind. What’s a good format? Who should participate? Should you pay for one? etc.
51. The Velocity of Money
Jan 23, 2019 • 31 min
I recap the 10 takeaways from my interview with Alex Felice from episode 50.
50. Delayed Financing and How to Suck it Up Buttercup!
Jan 16, 2019 • 69 min
Alex Felice shares how he uses delayed financing to acquire properties with 100% financing and isn’t bashful about telling you how to get your investments into gear.
49. 5 Steps to Investing Success
Jan 9, 2019 • 33 min
I dispell 3 Myths about real estate and share 5 Steps to Investing Success. The key to success and going places is putting your message in front of people’s FACES. 1. F - Filter 2. A - Attract 3. C - Convert 4. E - Execute 5. S - Seal www.…
48. How to Win The Fight of Your Life
Dec 31, 2018 • 33 min
The single most important aspect of our lives that we control and yet most of the time we do a terrible job doing. The struggle is the constant fight for focus! And more importantly, focusing on the right things! How to get into the flow state and work on…
47. 7 Lessons to Manifest Your Worthy Dreams
Dec 26, 2018 • 19 min
The lessons about money, mindset and lifestyle design I gleaned from speaking with Lindsay Walsh. 1. Get started and Max it out 2. Maximize legal tax sheltering 3. Learn to Manage Your Own Money 4. Revel in the Confidence of your Competence 5. Embrace the…
46. Real World Women Mastering Money with Lindsay Walsh
Dec 19, 2018 • 51 min
Lindsay Walsh has an incredible and relatable backstory. She’s an everyday woman who had the courage to do the extraordinary and changed the trajectory of her life. You can find her at http://www.stelladot.com/lindsay
45. How to Build Your Financial Fortress
Dec 12, 2018 • 26 min
I share a personal story and demonstrate how important having multiple streams of income is to build a strong financial fortress. How many streams of income have you created? I have a webinar how to build additional streams of income called…
44. Before The Millions Story
Dec 5, 2018 • 49 min
A good friend shares his transition from Corporate America into being a real estate investor, thought leader and an entrepreneur! His podcast is called Before The Millions To learn how you can Fire Your Boss you can join my free webinar at…
43. Fire Your Boss
Nov 28, 2018 • 21 min
Are you fed up working so many hours? Are you sick and tired of being yanked around by corporate politics? Are you ready to take control of your life and FIRE your boss? I explain the EXACT roadmap I used so you can replace your income tell Corporate…
42. A Spirit of Gratitude
Nov 21, 2018 • 15 min
A time to reflect and I share a personal journal entry from my dear diary when I suspected I was about to get laid off. With a spirit of gratitude, I thank you for listening and wish you and your family and happy, safe Thanksgiving!…
41. Stop Wholesaling Your Future
Nov 14, 2018 • 20 min
I discuss how to be a transaction engineer and avoid being a one-note investor. Instead, I explain how to consider a variety of techniques instead of just wholesaling. I share a specific example that was discussed in the Level Up Your Life Mastermind. I…
40. The Joy and Pain of Real Estate Investing
Nov 5, 2018 • 61 min
The Joy and Pain of Real Estate featuring Coach Carson, Gwen, and Miss Mazuma. We discuss the question “Should Real Estate Investing be a part of your financial independence journey?” This is episode 1 of the What’s Up Next Podcast I co-host with DocG…
39. A Deep Dive On Owner Financing
Oct 31, 2018 • 24 min
5 Benefits of Owner Financing No banks are required I control my payments More flexible negotiations Separates me from the competition Enable create deal structuring www.pauldavidthompson.com
38. Confronting Chaos and Making Lasting Behavioral Change
Oct 24, 2018 • 35 min
How Money and organization can each help you spark joy in your life.
37. Ask Me Anything - Dodd-Frank, Land Contracts, and Asset Allocation
Oct 17, 2018 • 41 min
Answering subscriber questions Dodd-Frank Land Contracts Asset Allocation Long Distance Investing Mechanics Accelerated Mortgage Paydown Wrap Around Mortgages Subscribe at pauldavidthompson.com and submit questions
36. The Great American Lie
Oct 10, 2018 • 17 min
How do you picture the life of those who are wealthy? The Great American Lie is that we’ve up-sized the original American Dream beyond our means and have missed the point that “Those people whom we define as being wealthy get much more pleasure from…
35. An Introduction to Your Online Presence
Oct 2, 2018 • 42 min
An Introduction to Online Advertising to the Mastermind - You can listen in Clarify who your target market is, who are you serving and what problem to they have that you can solve. Don’t try to be everywhere at once. Find the platform where your audience…
34. Why Every Investor Needs A Mastermind Group
Sep 26, 2018 • 39 min
Discussion on what a mastermind is, what a properly run mastermind looks like, and what the benefits of a mastermind are.
33. How To Do What Matters Using Real Estate - With Chad Carson
Sep 19, 2018 • 49 min
Chad Carson from www.coachcarson.com shares his background, investing strategies, and life philosophy.
32. Death by a 1000 cuts: How to avoid wasting time!
Sep 12, 2018 • 27 min
Learn 3 Strategies to Avoid the Death of Your Productivity 1. Control Your Environment 2. Establish Routine 3. Create Effective Systems
31. Find Your Labor of Love
Sep 5, 2018 • 17 min
The episode discusses the FIRE movement in comparison to the American Labor Movement When considering the work you do Remember how great you have it and look for opportunity You don’t have to do work you hate if you’re willing to make serious sacrifices
30. How a buy and hold investor is taking his investing to the next level — With Gary Spickes
Aug 29, 2018 • 32 min
Gary Spickes is a friend of mine, mastermind member, and a buy-and-hold investor. He’s taken his investments to next level. Gary shares how he’s moved up the “food chain” of investments, breaks down a ‘sub-to’ transaction and discusses the power of a…
29. Investors ‘Rule of 3’ for Success
Aug 22, 2018 • 21 min
As an investor or business owner, you’ll be plagued daily by these 3 questions. How you respond and act to these 3 questions will greatly influence your level of success. Should I begin? Should I quit? Should I buy? Investor Rule of 3 Be quick to act Be…
28. Five Tools to Launch Your Real Estate Investing Business
Aug 15, 2018 • 46 min
5 Tools to Launch your Real Estate Investing Business Audio Business Card (aka Elevator Pitch) Marketing Plan 3 Option Letter of Intent Investor Success Tracker Negotiating Rule Book
27. 5 Lessons from a Turnkey Provider with Marco Santarelli
Aug 8, 2018 • 42 min
Marco Santarelli from Norada Real Estate and the Passive Real Estate Investing Podcast joins me today Long Distance Real Estate Investing isn’t a new trend Fill the need in the marketplace with a niche you understand Take a Top-Down Approach - market,…