The Paul Morris Podcast

This week on the Paul Morris Podcast, Rock Thomas shares his extraordinary journey from a challenging childhood to becoming a successful entrepreneur and motivational speaker. After trying various careers, he found his true calling in real estate, where he has thrived for over 37 years. Rock emphasizes the importance of understanding the psychology of success and how our past experiences shape our beliefs and actions. He aims to help others reduce personal suffering and achieve wealth, but also stresses that money alone doesn't guarantee happiness. In his upcoming book, 'Who's Holding the Microphone,' Rock explores the six scripts that influence our lives and how to rewrite them for a better future. He encourages listeners to take small steps towards transformation, reminding them that they are not defined by their past. Join Rock and Paul on this journey of self-discovery and empowerment, and learn how to unlock your potential today!

Connect with Paul Morris

YouTube: https://www.youtube.com/@paulmorrispodcast

Instagram: https://www.instagram.com/paulmarkmorris/

LinkedIn: https://www.linkedin.com/in/paulmarkmorris/

TikTok: https://www.tiktok.com/@itspaulmarkmorris

Facebook: https://www.facebook.com/paulmarkmorris

Connect with Rock Thomas

Youtube: https://www.youtube.com/c/RockThomas

Instagram: https://www.instagram.com/rockthomas

Facebook: https://www.facebook.com/RockThomas

TikTok: https://www.tiktok.com/@rockthomas91

Website: https://rockthomas.com/

Timestamps

00:00:00 - Rock Thomas' Origin Story

00:04:54 - Challenging Beliefs and Identity

00:12:37 - Transforming Identity and Habits

00:15:20 - Creating Lasting Change

00:18:07 - Identifying Blind Spots

00:19:21 - Understanding Inner Voices

00:31:41 - Recognizing Patterns and Adapting Behaviors

00:32:25 - Understanding the Impact of Past Trauma

00:39:50 - Personal Growth and Transformation

00:47:18 - Changing Behavior Patterns

00:49:53 - Overcoming Fear of Investments

00:54:37 - Building Resilience and Learning from Past Mistakes

01:00:25 - Impact of Social Comparison and Finding Inspiration

01:04:17 - Fire Round - Rapid Questions

01:07:23 - Closing Remarks and Gratitude

Learn more about your ad choices. Visit megaphone.fm/adchoices

This week on the Paul Morris Podcast, Paul dives deep into the world of short-term rentals with expert Avery Carl of The Short Term Shop. Avery shares her incredible journey from a newlywed couple with just $10,000 to a powerhouse in the vacation rental industry, managing over 250 doors and helping thousands of clients. She emphasizes the importance of investing in established vacation markets rather than jumping on the latest Airbnb trend. She also discusses the significance of local expertise in real estate and how to effectively manage properties to maximize returns. If you're considering investing in short-term rentals or just curious about the industry, this episode is packed with practical advice and inspiration. Tune in to learn how you can achieve financial freedom through smart real estate investments!

Connect with Paul Morris

YouTube: https://www.youtube.com/@paulmorrispodcast

Instagram: https://www.instagram.com/paulmarkmorris/

LinkedIn: https://www.linkedin.com/in/paulmarkmorris/

TikTok: https://www.tiktok.com/@itspaulmarkmorris

Facebook: https://www.facebook.com/paulmarkmorris

Connect with Avery Carl and The Short Term Shop

https://theshorttermshop.com/

Youtube: https://www.youtube.com/c/TheShortTermShop

Instagram: https://www.instagram.com/theshorttermshop/

https://www.instagram.com/theaverycarl/

Tik Tok: https://www.tiktok.com/@averyacarl 

https://www.tiktok.com/@theshorttermshop

Timestamps

00:00:00 - Avery Carl’s Vacation Rental Investment Journey

00:04:57 - Guest Experience and the Value of Thoughtful Amenities

00:06:56 - Combining National Reach With Local Market Expertise

00:10:05 - Self-Managing Vacation Rentals With Virtual Assistants

00:11:32 - Teaching Investors to Manage Their Own Properties

00:12:15 - Management Fees and Their Impact on Investor Returns

00:13:15 - Can Professionally Managed Vacation Rentals Still Be Profitable?

00:14:58 - Evaluating a Joshua Tree Short-Term Rental Strategy

00:15:36 - Scaling Efficiently by Owning Multiple Rentals in One Market

00:19:19 - Dynamic Pricing and Revenue Management

00:23:50 - Choosing Between a Fourplex and a Vacation Rental

00:25:16 - The Short-Term Rental Tax Strategy

00:28:17 - Cost Segregation Studies and Real Estate-Savvy CPAs

00:33:57 - Choosing Markets With Stable Vacation Rental Regulations

00:38:06 - The Vacation Rental Markets Avery Covers

00:39:36 - Fire Round: Happiness, Talents, Travel, and Honesty

00:44:08 - Closing Thoughts and How to Reach Avery

Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever dreamed of investing in property in France? Leslie Romenesko joins Paul and Josh to break down how she turns long-term rentals in the French countryside into real, steady cash flow, not just a castle fantasy. In this episode, Leslie walks through how she chooses a location, why having trusted local contacts to manage a property is non-negotiable, and where she looks to find value when investing in France or in her hometown of LA.

#investing #france #realestate #podcast #propertymanagement #realestatepodcast

Connect with Paul Morris

YouTube: https://www.youtube.com/@paulmorrispodcast

Instagram: https://www.instagram.com/paulmarkmorris/

LinkedIn: https://www.linkedin.com/in/paulmarkmorris/

TikTok: https://www.tiktok.com/@itspaulmarkmorris

Facebook: https://www.facebook.com/paulmarkmorris

Connect with Josh Spitzen

Instagram: https://www.instagram.com/joshuaspitzen/

forwardone.com

Connect with Leslie Romenesko

Instagram: https://www.instagram.com/leslielahomes/

Timestamps

00:00:00 - Introduction and Investing in France

00:02:35 - French Financing, Cash Flow, and Property Criteria

00:08:25 - Managing a Concentrated Overseas Portfolio

00:09:37 - Local Investing and Restoring Historic Los Angeles Homes

00:11:04 - Personal Investments Versus Investor Partnerships

00:14:37 - Lessons Learned: Partnerships and Keeping Emotion in Check

00:16:12 - Choosing the Right Vision for a Live-In Investment

00:19:12 - Renovating Through a Market Crash

00:20:58 - Finding Opportunity in Middle-of-the-Road Properties

00:22:54 - Using Location and Renovation to Build Wealth

00:27:03 - Playing the Long Game with Intentional Investing

Learn more about your ad choices. Visit megaphone.fm/adchoices

Right now, there are sellers out there whose mortgage is 3%. And in some cases, a buyer can take over that exact loan. This is a game-changer in today's market where rates are soaring. Imagine saving $1,550 a month on a $700,000 loan just by assuming a lower mortgage rate! In this Ask Me Anything episode of the Paul Morris Podcast, Paul dives deep into how you can navigate the complexities of assumable loans, builder rate deals, and more popular questions from viewers like you. Plus, he’ll share insights on the current state of the market, including the latest job reports and how they impact real estate. Whether you're a seasoned investor or a first-time buyer, understanding these nuances can set you up for success. Tune in for straight answers, no hype, and the knowledge you need to make informed decisions in this ever-changing market.

*Connect with Paul* 

YouTube: https://www.youtube.com/@paulmorrispodcast 

Instagram: https://www.instagram.com/paulmarkmorris/ 

TikTok: https://www.tiktok.com/@itspaulmarkmorris 

Facebook: https://www.facebook.com/paulmarkmorris 

*Presented by Entrepreneur Media & Money News Network* 

Entrepreneur Media: https://www.entrepreneur.com/podcasts 

Money News Network: https://www.moneynewsnetwork.com

Timestamps

00:00:00 - Today’s Housing Market and What Buyers Can Do

00:03:08 - How Weak Job Growth Could Affect Mortgage Rates

00:07:37 - Taking Over a Seller’s 3% Assumable Mortgage

00:12:28 - The Truth About Builders’ Discounted Mortgage Rates

00:20:43 - Using Home Equity to Buy a Rental

00:24:57 - House Hacking Your Way Into Real Estate

00:29:21 - Finding Homes With Assumable Mortgages

00:30:57 - Closing Thoughts and Investment Disclaimer

Learn more about your ad choices. Visit megaphone.fm/adchoices

Creative development deals and insider information are only a few of the topics from this week’s discussion between Paul Morris and Ben Lee. The two real estate attorneys illustrate the value of information and knowing how to leverage it. Invaluable insights include- buy where you know, ensure it’s a value-add property, and always have room for error. Real estate can be high-pressure, but with the right mindset and strategies, anyone can navigate the challenges and come out on top. Join the Paul Morris Podcast as Paul and Ben share their journeys, the ups and downs, and the secrets to thriving as an investor in the real estate market!

Connect with Paul Morris

YouTube: https://www.youtube.com/@paulmorrispodcast

Instagram: https://www.instagram.com/paulmarkmorris/

LinkedIn: https://www.linkedin.com/in/paulmarkmorris/

TikTok: https://www.tiktok.com/@itspaulmarkmorris

Facebook: https://www.facebook.com/paulmarkmorris

Connect with Ben Lee

https://www.theagencyre.com/agent/ben-lee

Instagram: https://www.instagram.com/theagencyre/

Timestamps

00:00:00 - The First Real Estate Deal and a Life-Changing Check

00:01:16 - Becoming a Real Estate Attorney and Investor

00:03:26 - Using Information to Find an Undervalued Estate Property

00:05:25 - Early Deals, Auctions, and Unexpected Profits

00:06:44 - Solving Environmental and Infrastructure Problems for Millions

00:08:20 - Three Rules for Never Losing Money in Real Estate

00:09:26 - Fix-and-Flip Advice: Buy with Room for Error

00:10:41 - The Dangers of Expensive Debt and Tight Margins

00:13:43 - Value-Add Investing Means Solving Difficult Problems

00:15:46 - Refining the Rules: Buy Only What You Can Afford

00:18:46 - Why Successful Investing Requires Capital and Skin in the Game

00:21:23 - Disciplined Debt and the Opportunities Ahead

Learn more about your ad choices. Visit megaphone.fm/adchoices

Paul Morris comes in this week with new guest Jamie Lane, the Chief Economist at AirDNA, a leading data analytics company for short-term rentals. They dive deep into the world of short-term rentals, discussing how to identify the best markets for investment and the strategies that can maximize your returns. Jamie breaks down the five least expensive things that can significantly boost your rental revenue. They also discussed the importance of using data analytics to make informed decisions, and how AirDNA's tools can help you track performance and pricing trends in your chosen market. If you're considering entering the short-term rental business or looking to improve your existing strategy, this episode is packed with expert advice and practical tips.

Connect with Paul Morris

YouTube: https://www.youtube.com/@paulmorrispodcast

Instagram: https://www.instagram.com/paulmarkmorris/

LinkedIn: https://www.linkedin.com/in/paulmarkmorris/

TikTok: https://www.tiktok.com/@itspaulmarkmorris

Facebook: https://www.facebook.com/paulmarkmorris

Connect with AirDNA and Jamie Lane

https://www.airdna.co/

Instagram: https://www.instagram.com/str_economist

Timestamps

00:00:00 - Introducing Jamie Lane and AirDNA

00:03:47 - How AirDNA Evaluates Short-Term Rental Markets

00:10:07 - Short-Term Rental Regulations and Permits

00:14:50 - The Risk of Investing in Unregulated Markets

00:21:01 - Using Local Experts to Assess Regulation

00:29:32 - AirDNA Pricing and Short-Term Rental Tax Benefits

00:38:30 - Is 2026 a Good Year to Invest?

00:41:56 - Finding Deals in a Difficult Market

00:44:57 - How One Property Became a Good Investment

00:46:20 - Designing a Short-Term Rental as the Destination

00:51:51 - High-Return Amenities Guests Actually Value

00:57:45 - Creating a Thoughtful Digital Guest Guide

00:59:51 - Diversifying Across Booking Channels

01:02:55 - How Platform Availability and Reviews Affect Ranking

01:08:07 - The Biggest Short-Term Rental Acquisition Mistake

01:11:32 - Final Thoughts and AirDNA Recommendation

Learn more about your ad choices. Visit megaphone.fm/adchoices

Paul Morris, along with his business partner Josh Spitzen, had the pleasure of chatting with Neyshia Go, a sharp and focused real estate leader.  Neyshia shared her unique experiences representing developers and how that shaped her investment strategy. She breaks down the strategies she uses to add value to homes and how they can be utilized at any price point. Neyshia’s journey is a testament to the power of education, experience, and a little bit of creativity in the world of real estate. Tune in to discover how you can apply these lessons to your own investments and make informed decisions in the market!

Connect with Paul Morris

YouTube: https://www.youtube.com/@paulmorrispodcast

Instagram: https://www.instagram.com/paulmarkmorris/

TikTok: https://www.tiktok.com/@itspaulmarkmorris

Facebook: https://www.facebook.com/paulmarkmorris

Connect with Neyshia Go

Instagram: https://www.instagram.com/neyshiago

https://neyshiago.com/

Timestamps

00:00:00 - Introduction and Neyshia’s Real Estate Journey

00:00:43 - Investing Alongside Experienced Developers

00:03:57 - Choosing Partners and Learning Through Renovation

00:05:47 - Using Design Expertise to Improve Developments

00:08:34 - Creating Homes That Stand Out to Buyers

00:09:47 - Balancing Broad Appeal With Memorable Design

00:12:02 - Strategic Luxury and the $100,000 Shower

00:15:19 - Creating Wow Factor With Signature Features

00:20:16 - The Jewel Box Development Strategy

00:25:33 - Why Price per Square Foot Has Limits

00:28:02 - Designing for the Target Buyer

00:29:03 - Choosing a Realtor Who Understands Development

00:30:22 - Honest Pricing and Protecting Client Investments

00:31:09 - Turning Pricing Conflict Into Collaboration

00:34:47 - Walking Away From a Risky Deal

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Ask Me Anything episode of the Paul Morris Podcast, Paul Mark Morris explains how homeowners can rent out their primary home for up to 14 days per year with zero federal income tax on the rent under Section 280A (“Augusta Rule”), and how going to 15 days removes the exclusion and changes the strategy. He shares cautions about local short-term rental rules, HOAs, insurance, and documentation, including a business-owner approach where a company may deduct reasonable rent for legitimate meetings held at the home. Morris also breaks down the “100% write-off” via cost segregation and bonus depreciation, what income it can offset, passive-loss limits, and recapture and state conformity issues. He then answers investor questions on LLC pros/cons and costs, whether to buy now or wait for rates, real estate’s outlook for 2026, investing out of state, and ADU vs. another property.

Learn more about your ad choices. Visit megaphone.fm/adchoices

The Federal Reserve didn't blink; should you? In this episode, Paul Mark Morris dives deep into the latest Fed meeting and what it means for you as an investor. With mortgage rates hitting a one-year high of 6.66% and the Fed holding rates steady, uncertainty looms large. But don't worry! Paul is here to help you navigate these turbulent waters. He’ll share the three critical numbers you need to know, his insights on where to find certainty amidst the Fed's indecision, and three key decisions you should make in the next 90 days. Remember, it’s not just about the price; it’s about the deal you can negotiate. Tune in to gain the knowledge you need to make informed decisions and secure your financial future.

Connect with Paul

Instagram: https://www.instagram.com/paulmarkmorris/

TikTok: https://www.tiktok.com/@itspaulmarkmorris

YouTube: https://www.youtube.com/@paulmorrispodcast

Facebook: https://www.facebook.com/paulmarkmorris

Timestamps

00:00:00 - Introduction: The Fed Didn't Blink

00:01:10 - Segment 1: Three Numbers You Can't Afford to Miss

00:02:52 - What the Fed Said and the Dates That Matter

00:04:33 - Segment 2: War, Oil Prices, and Mortgage Rates

00:05:46 - Segment 3: Creating Certainty Through Better Deals

00:07:33 - Segment 4: Reality-Checking Predictions of a Crash

00:10:00 - Segment 5: Your Next 90 Days: 3 Decisions to Examine

00:14:01 - Disclaimer and Closing

Learn more about your ad choices. Visit megaphone.fm/adchoices

Paul Mark Morris is here with the numbers you can't afford to miss. In this episode, he explains why the market is frozen and what it will take to get it moving in your direction. Looking ahead, he unpacks the potential impacts of the upcoming Fed meeting and shares his mindset on making new deals in an uncertain interest rate environment. While he's got the top-level real estate news, only you can learn your local market and Paul will teach you what questions to ask and where to get the information you need to make informed decisions no matter where you live.

Connect with Paul

Instagram: https://www.instagram.com/paulmarkmorris/

TikTok: https://www.tiktok.com/@itspaulmarkmorris

YouTube: https://www.youtube.com/@paulmorrispodcast

Facebook: https://www.facebook.com/paulmarkmorris

Timestamps

00:02:20 The Numbers You Can't Afford to Miss

00:04:14 Record Prices and Buyers Are Walking

00:09:35 War, Oil, and Your Mortgage Rate

00:17:24 Real Estate Is Local

00:21:01 Paul's Strategy for Learning Your Market

00:26:06 Guru Watch

Learn more about your ad choices. Visit megaphone.fm/adchoices