When someone decides to invest in an asset, they are essentially investing in a prediction of the future. All investments carry this element of risk, but there are some assets that are much riskier than others. Paul Moore, believes that he has found the perfect investment that offers relatively low risk with high rewards. It may not come as a shock to listeners that this investment is multifamily investing!
Listen in to find out how Paul became a Real Estate Investor, and how the recipe for the perfect Investment is allowing him to support charitable causes throughout the world!
Key Takeaways
[04:26] Paul’s first experience with multifamily investing
- Built multifamily facility from the ground up in North Dakota
- Rented out at $13 per square foot
[06:47] Investments to last a lifetime
- Paul realized most of the super wealthy made their fortunes in real estate
- Demographic trends make real estate investing ‘The Perfect Investment’
[09:54] The changing trends in American home ownership
- Home ownership has dropped from 69% to 63% in 11 years
- Every percentage drop in homeownership is 1 million households into the renter pool
- More demand than supply
[11:52] The 3 drivers behind low home ownership
- Baby boomers moving back into rentals
- Millennials seeking flexibility, do not want to be tied down
- Immigrants rent more and for longer
[16:33] Multifamily investing return vs. risk
- Far better than other asset classes
- Multifamily delinquencies were 90% lower than residential in last recession
[20:45] The recipe for the perfect investment
- Passively invest in stabilized, value-add properties
- Find a trustworthy asset manager
- Find a capable property manager
- Find a large and growing market
[29:02] Giving back through investing
- Paul never wants to retire
- His mission to help stop human trafficking
- Paul's company shares profits with organizations that are making a difference
Connect with Paul
Email: [email protected]
Resources Mentioned
Podcast: How to Lose Money
The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing