What you’ll learn in just 17 minutes from today’s episode:
Find out what Real Numberz is all about and how it helps organize your investments
Find out how to test run real estate without having so much risk and earn a decent potential of return
Learn w...
What you’ll learn in just 17 minutes from today’s episode:
Resources/Links:
Summary:
Dr. Paul White is a former orthodontist and best-selling author turned real estate investor. With his son Trey managing his own investments, Dr. Paul created Real Numberz, the only comprehensive app in the real estate industry for investors with diverse portfolios of assets.
Dr. Paul believes the key to achieving financial freedom has as much to do with optimizing your existing investments as it does to acquire more of them. The mission of Real Numberz is to revolutionize the passive real estate investor experience, empower individual investors to control their investments rather than letting their investments control them, and give any real estate investor, no matter their level of experience, the tools they need to achieve their freedom with less time, effort, and anxiety.
In this episode, Dr. Paul shares what made him shift from dentistry to real estate. You will find out how he developed a business software that helps organize all your investments even when he, himself is not a programming whiz. Learn about his multiple real estate investment strategies that made him successful all these years.
Topics Covered:
Key Takeaways:
“The realization, I guess Warren Buffett said it best, he said, ’If you don’t make money while you sleep, you’ll work till you die.’ And that was sort of a wake-up call for me, and that started my journey to alternative investments.” – Paul White
“I think what Reagan said a long time ago, ‘Trust but verify,’ is sort of the mantra that I would sing to all of them.” – Paul White
“Most investors make the mistake of just handing people money and never going to the site or never having to pay somebody to drive by to see if it’s there. Or anything else about the operator, and talking to other investors that have worked with them. Maybe you have done a background check on those people. There’s a lot that needs to be done because it’s a lot of money that you’re usually putting out there.” – Paul White
“I think the best thing you can do is a partnership, either with a seasoned investor or a seasoned operator, maybe rehabbing and renting a house together, so everything sort of split it, you can even do the same thing with some private lending as well.” – Paul White
“You know what, I’ve done a lot of syndications over the years and I will tell you, the operators that don’t have any money in the game makes me nervous.” – Paul White
Connect with Paul White:
Connect with Dave Dubeau:
Enjoyed the Podcast?
Please subscribe on iTunes for updates