Real Estate 101

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.

Paul Thompson is joined for this episode of "The Wake-Up Call" by Life and Business Coach Angie Wisdom. After getting started as an investment firm owner and financial advisor, Angie has moved into the life coaching space, guiding people into becoming the best possible, most "non-negotiable" version of themselves they can be.

The two go into detail about the need for knowing and having access to the greatest version of ourselves, so that we can create the life, business, and relationships that we want. You have to "fill up your own cup" before you can fill the cup of others. Angie and Paul have a fantastic discussion about life and lessons learned that make up Angie's new book, "The Non-Negotiable You".

Key Points From This Episode:

• If you can genuinely bring your Focus to what you CAN Control, you'll have so much freedom to become the best version of yourself.

• You can't hitch your happiness onto someone else's happiness– Otherwise you will need to be in control of others in order to feel joy.

• No matter who you are or where you come from, many of us have "Universal Challenges" that all come from the same place.

• YOU have to be great at being YOU.

• The "Morning Mindset" is key. If you win the morning, you win the Day.

• You can't expect to respond with the right tools and knowledge (such as gratitude) if you're not practicing them everyday.

• When You "Choose Your Seat", you know exactly where you want to be and what place you want to be in. From there you can be intentional about taking action.

► Resources

How can I help you?

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Check out my blog https://pauldavidthompson.com/blog/

Listen to my latest podcast episodes https://pauldavidthompson.com/podcast-2/

Build your real estate portfolio hassle free with our Partner's at SHARE. https://calendly.com/sfrteam/pdt-share?month=2024-04

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Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide

About Today's Guest:

Angie Wisdom is a Master Certified Coach with the ICF and 25+ years of business experience. She helps burned-out business owners stop running in place and start elevating their companies by putting themselves first and carving out the time to master their own leadership skills. As the professional coach behind the scenes for many of the most successful people you know, she is a mentor and confidante that navigates her clients from that place of searching for success to achieving more than they ever thought possible. Only 4% of the coaches in the country have an MCC designation and Angie uses this distinction along with her experience and knowledge to guide her clients professionally and personally.

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.

Former Navy Veteran and current Real Estate Investor Corey Chonsky joins host Paul Thompson for this episode of "The Wake-Up Call". Similarly to Paul's story in the corporate world, Corey saw a financially secure future for himself outside of the military and took a leap into Real Estate Investing.

Beyond the discussion surrounding Corey's time in the navy, the two go into detail about best practices for investing, regardless of if it's on your own or with a group through Syndication. Knowing how to connect with others, and who to connect with, is likely to determine the success of your Syndication regardless of what sort of deal you're planning to do.

Key Points From This Episode:

• Measure growth carefully, and don't bite off more than you can chew.

• Bring in team members who fill in your gaps– know your weaknesses.

• A Deal Might fall through, but you can come out better with the new connections you've made, as long as they're carefully vetted.

• You can't have someone on your team for the sole purpose of capital– you need an established relationship

• A great way to get into syndication is to offer a team (like Corey's) help in some sort of way, services, etc.

• Being intentional about increasing connections is important when getting into the syndication world. Conferences, podcasts, social media, etc. are all important.

• "Survive until 2025"... Many people are waiting to see what's going to happen in real estate in the coming months

• Get in the Game. You can only learn academically for so long until you have to jump in.

► Resources

How can I help you?

Book a 1 on 1 strategy session here https://bit.ly/4bXI1CQ

Looking for your commercial deam partner? Learn more https://shorturl.at/AzEip

Opt in to my newsletter https://shorturl.at/kxMO8

My social media accounts https://linktr.ee/pauldavidthompson

Check out my blog https://pauldavidthompson.com/blog/

Listen to my latest podcast episodes https://pauldavidthompson.com/podcast-2/

Build your real estate portfolio hassle free with our Partner's at SHARE. https://calendly.com/sfrteam/pdt-share?month=2024-04

Ready to revolutionize your content production? Try Riverside.fm. https://riverside.getrewardful.com/signup

Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide

About Today's Guest:

Corey Chonsky is originally from Minot, North Dakota. Corey enlisted in the Navy in 1998 and graduated with a Mechanical Engineering degree from the University of Wisconsin-Madison in 2007. He was commissioned as an Ensign in the US Navy and was stationed at Norfolk, VA in 2015. Today, Corey manages commercial real estate syndications across three coastal states. He is a general partner for nine apartment syndications in Virginia, Florida, Maryland, and Texas. Overall, Corey's portfolio consists of $100 million AUM with over $10 million in renovations.

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.

On this episode of "The Wake-Up Call", host Paul Thompson interviews performance and leadership coach, JM Ryerson, on his passion for podcasting and authentic conversations. They delve into the importance of morning routines, mindset, and biohacking.

JM talks at length with Paul about his love for reading and how it translates to his writing process. Along with his expertise in leadership, the conversation also touches on the significance of leading oneself before leading others, and how the way you begin your day impacts your wellbeing, and overall personal growth and development.

Key Points From This Episode:

• Morning routines are essential in priming oneself for the day. Incorporating gratitude, meditation, and physical activity can set the tone for a productive day.

• Growth mindset, grit, and gratitude, are crucial in achieving one's goals.

• Reading is a habit that not only provides knowledge and learning but has a meditative effect on the mind.

• "Ground" your body by touching base with nature when feeling lost.

• Authentic conversations, like those in podcasting, can unveil fascinating insights and perspectives from people you may think you already know.

• Leading oneself, focusing on personal growth and development, is crucial before becoming an effective leader of others.

► Resources

How can I help you?

Book a 1 on 1 strategy session here https://bit.ly/4bXI1CQ

Looking for your commercial deam partner? Learn more https://shorturl.at/AzEip

Opt in to my newsletter https://shorturl.at/kxMO8

My social media accounts https://linktr.ee/pauldavidthompson

Check out my blog https://pauldavidthompson.com/blog/

Listen to my latest podcast episodes https://pauldavidthompson.com/podcast-2/

Build your real estate portfolio hassle free with our Partner's at SHARE. https://calendly.com/sfrteam/pdt-share?month=2024-04

Ready to revolutionize your content production? Try Riverside.fm. https://riverside.getrewardful.com/signup

Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide

About today's guest:

JM Ryerson is a performance and leadership coach who focuses on helping individuals through coaching, speaking, and writing. He is the CEO of Let's Go Win and co-author of two books, "Let's Go Win: The Keys to Living Your Best Life Every Day" and "From Success to Significance: The Strategy to Build a High-Performance Life."

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.

On this episode of "The Wake-Up Call", Host Paul Thompson shares a great conversation with Community Shaper and Real Estate Syndication expert, Sam Sells. The two discuss the benefits that Real Estate can provide to large groups of people, beyond the obvious potential for growing your own wealth and portfolio.

Sam's Wake-Up Call came when he started to make money, but wasn't making an impact. He has always been keen on helping others and transforming communities, and he's developed a fantastic way of using Syndication to invest into underserved neighborhoods. Sam and Paul go into detail about the methodology of Sam's Syndication, what's working and what isn't, and how you can get involved and get started.

Key Points From This Episode:

• Find a Coach or Mentor– Namely someone who has been in the business for a while

• There's no problem with 3rd Party Property Managers if you don't have a large presence in a market.

• "High Impact Deals" are challenging projects, but are worth the investment for the improvement of the community.

• A "Rate Cap" is something you can add to a loan that caps the most an interest rate can float to… for a premium rate.

• Be Open to different kinds of deals. 60/40 Deals, 50/50 Deals, Waterfall deals, etc. are all possibilities depending on the type of property and the situation.

• Setting Up a Fund is More Difficult Than Expected… But Worth it.

► Resources

How can I help you?

Book a 1 on 1 strategy session here https://bit.ly/4bXI1CQ

Looking for your commercial deam partner? Learn more https://shorturl.at/AzEip

Opt in to my newsletter https://shorturl.at/kxMO8

My social media accounts https://linktr.ee/pauldavidthompson

Check out my blog https://pauldavidthompson.com/blog/

Listen to my latest podcast episodes https://pauldavidthompson.com/podcast-2/

Build your real estate portfolio hassle free with our Partner's at SHARE. https://calendly.com/sfrteam/pdt-share?month=2024-04

Ready to revolutionize your content production? Try Riverside.fm. https://riverside.getrewardful.com/signup

Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide

About Today's Guest:

Sam Sells is a master of Real Estate Syndication through his company, Wild Mountain Capital. He's traveled the world as a part of the Air Force and eventually saved up enough money to begin investing into Mobile Home Units with his father. Just 6 months after their initial investment, the two were gaining $12,000 in cash in passive income. Now, Sam has many properties all over the country, and teaches others how to get into the field of Real Estate as well, changing lives and transforming communities along the way.

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.

Host Paul Thompson is joined in this episode of "The Wake-Up Call" by Syndication Mastermind Adam Gower, to talk through the current state of the market and what it means to be involved in Syndication TODAY.

Adam Gower Calls his methodology "Syndication 2.0", in which he approaches syndication from a crowdfunding framework. He explains that the language being used in today's market has to be totally reframed to accommodate the ever-evolving market of today. He and Paul discuss at length the ins-and-outs of Interest Rates, Models, working with LP's in a straightforward and transparent manner, and so much more.

Key Points From This Episode:

• In Today's Market, You Must Learn the Language of a Downturn.

• The "New Normal" will include higher evaluations and interest rates.

• To Be Successful, you have to underwrite the worst case scenario.

• You Win with Patience. Opportunities are Emerging, but it's important to know when to get back into the Market.

• You Have to Build Your Own Models/Spreadsheets. Have the discipline to start with a blank spreadsheet, so you understand how it will respond in wacky situations.

• Understand Your Numbers, and the implications of your assumptions.

• You Must Communicate Transparently With Your Investors.

• Create Educational Material easily accessible to your potential investors so people learn about you, and can trust you, before you ever meet.

► Resources

How can I help you?

Book a 1 on 1 strategy session here https://bit.ly/4bXI1CQ

Looking for your commercial deam partner? Learn more https://shorturl.at/AzEip

Opt in to my newsletter https://shorturl.at/kxMO8

My social media accounts https://linktr.ee/pauldavidthompson

Check out my blog https://pauldavidthompson.com/blog/

Listen to my latest podcast episodes https://pauldavidthompson.com/podcast-2/

Build your real estate portfolio hassle free with our Partner's at SHARE. https://calendly.com/sfrteam/pdt-share?month=2024-04

Ready to revolutionize your content production? Try Riverside.fm. https://riverside.getrewardful.com/signup

Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide

About Today's Guest:

Adam Gower is a 30-year veteran in real estate, banking, and finance who earned his Ph.D. in banking history at the University College London. He has held senior management positions at some of the largest companies and institutions in the world and is recognized as an industry thought leader on the impact of crowdfunding on real estate. Dr. Gower is author of several books focused on the history of real estate crowdfunding, real estate investing, and risk mitigation, and his educational courses have been sold worldwide.

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.

In this episode of "The Wake-Up Call", Host Paul Thompson is joined by CEO Scott Miller for a great and personal discussion surrounding finding your purpose– Your "North Star".

One thing we can be sure of, is that we will face adversity in life. The question is what will you do with it? Scott Miller is the former CEO of the nationally recognized "Essentia" Water brand, and his experiences facing adversity in life and in business led him to write a brand new book called "The Summit Mindset". Scott and Paul talk at length about the new book, and the importance of finding the Pillars that will lead you to happiness.

Key Points From This Episode:

• When you have the Mindset to Never Stop Evolving, you're able to escape complacency.

• When you're too rigid in routine, you are unable to be pliable.

• Life is Not a Dress Rehearsal. Live in Pursuit of your Purpose.

• Know Your Personal Pillars. Scott's are Faith, Family, Others, and Business.

• Life and Business are "inside-out" jobs. It starts inward, and everything else grows from there.

• Have courage. It doesn't have to be crazy, it just has to be your Personal Call To Action.

• Happiness is your "Haves Divided by your Wants"

► Resources

How can I help you?

Book a 1 on 1 strategy session here https://bit.ly/4bXI1CQ

Looking for your commercial deam partner? Learn more https://shorturl.at/AzEip

Opt in to my newsletter https://shorturl.at/kxMO8

My social media accounts https://linktr.ee/pauldavidthompson

Check out my blog https://pauldavidthompson.com/blog/

Listen to my latest podcast episodes https://pauldavidthompson.com/podcast-2/

Build your real estate portfolio hassle free with our Partner's at SHARE. https://calendly.com/sfrteam/pdt-share?month=2024-04

Ready to revolutionize your content production? Try Riverside.fm. https://riverside.getrewardful.com/signup

Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide

About Today's Guest:

Scott Miller is the former CEO of Essentia Water, and current CEO of a new water business called "Yesly" Water, launched in early 2023. He also co-authored a new book called "The Summit Mindset", which is a life book about dealing with staying on the summit as adversity hits all of us– None of us escape the rain in life.

► Resources

How can I help you?

Book a 1 on 1 strategy session here https://bit.ly/4bXI1CQ

Looking for your commercial deam partner? Learn more https://shorturl.at/AzEip

Opt in to my newsletter https://shorturl.at/kxMO8

My social media accounts https://linktr.ee/pauldavidthompson

Check out my blog https://pauldavidthompson.com/blog/

Listen to my latest podcast episodes https://pauldavidthompson.com/podcast-2/

Build your real estate portfolio hassle free with our Partner's at SHARE. https://calendly.com/sfrteam/pdt-share?month=2024-04

Ready to revolutionize your content production? Try Riverside.fm. https://riverside.getrewardful.com/signup

Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide

► Resources

How can I help you?

Book a 1 on 1 strategy session here https://bit.ly/4bXI1CQ

Looking for your commercial deam partner? Learn more https://shorturl.at/AzEip

Opt in to my newsletter https://shorturl.at/kxMO8

My social media accounts https://linktr.ee/pauldavidthompson

Check out my blog https://pauldavidthompson.com/blog/

Listen to my latest podcast episodes https://pauldavidthompson.com/podcast-2/

Build your real estate portfolio hassle free with our Partner's at SHARE. https://calendly.com/sfrteam/pdt-share?month=2024-04

Ready to revolutionize your content production? Try Riverside.fm. https://riverside.getrewardful.com/signup

Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide

► Resources

How can I help you?

Book a 1 on 1 strategy session here https://bit.ly/4bXI1CQ

Looking for your commercial deam partner? Learn more https://shorturl.at/AzEip

Opt in to my newsletter https://shorturl.at/kxMO8

My social media accounts https://linktr.ee/pauldavidthompson

Check out my blog https://pauldavidthompson.com/blog/

Listen to my latest podcast episodes https://pauldavidthompson.com/podcast-2/

Build your real estate portfolio hassle free with our Partner's at SHARE. https://calendly.com/sfrteam/pdt-share?month=2024-04

Ready to revolutionize your content production? Try Riverside.fm. https://riverside.getrewardful.com/signup

Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide

► Resources

How can I help you?

Book a 1 on 1 strategy session here https://bit.ly/4bXI1CQ

Looking for your commercial deam partner? Learn more https://shorturl.at/AzEip

Opt in to my newsletter https://shorturl.at/kxMO8

My social media accounts https://linktr.ee/pauldavidthompson

Check out my blog https://pauldavidthompson.com/blog/

Listen to my latest podcast episodes https://pauldavidthompson.com/podcast-2/

Build your real estate portfolio hassle free with our Partner's at SHARE. https://calendly.com/sfrteam/pdt-share?month=2024-04

Ready to revolutionize your content production? Try Riverside.fm. https://riverside.getrewardful.com/signup

Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide