Warren Buffett once said, “Until you can manage your mind, do not expect to manage money.” Warren Buffett is correct. Without the right mindset, it would be difficult to become a successful investor. Getting into the field of property investing, your mindset matters and it plays a very important role in leveling up your life. Paul Thompson used to have a corporate day job but now he’s a full-time real estate investor who lives to help others find their way. When Paul realized that the perfect time to start investing was never going to come, he simply switched his mindset and jumped in. Now, he’s doing three deals a month and is able to help himself as well as others build wealth and passive income with cashflow. Paul tells his personal story of securing twenty plus deals in his first eighteen months of investing to serve as an inspiration for everybody else.
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Warren Buffett once said, “Until you can manage your mind, do not expect to manage money.” Getting into the field of property investing, your mindset plays a very important role. You need to think like a successful person in order to gain access. People are largely driven by their subconscious and typically, they’re consciously unaware of why they think the way they think or feel the way they feel, such as being angry or being happy. I’m guilty of this from time-to-time. This is influenced by many factors such as our environment, past events, education, memories, values and attitudes, past decisions, and beliefs, but mindset matters. This is the most important concept.
Warren Buffet is correct. Without the right mindset, it would be difficult to become a successful investor. Whether you listen to financial gurus or trainers or entrepreneurs, they all say the same thing, that your mindset contributes 60% to 90% of your success. Only the actual number varies here depending on who you ask, but the rest is mechanics and knowledge. Do you think that great investors such as Warren Buffet or even Donald Trump think differently than most other people? I’ll bet money that they do and I would think you agree with me here. A study was once concluded that if all the wealth in the world was taken away from everybody and distributed equally to all the people in the world, it would probably take less than ten years until exactly the same people who had no or little money before would be poor again and the same people who were rich before would all have their wealth back.
One of my goals is to learn from some of the people that are very successful out there. I want to talk to a wide variety of people, from the most high profile people such as one of my most recent guests, Rich Dad Advisor, Ken McElroy, to some of the youngest ambitious entrepreneurs in the early years of their real estate investing journey. My next guest may not be all that young, but he’s certainly doing well with his real estate investing. He’s got a great mindset for success after making the decision to leave corporate America for something bigger and more rewarding. Let’s hear what he has to say about mindset and real estate investing success.
If you missed our last episode, be sure to listen to Ask Marco! – Negative Cash Flow, Multi-Family Housing
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Mindset Matters! Leveling Up Your Life Through Real Estate Investing
He used to have a corporate day job, now he’s a full-time real estate investor who lives to help others find their way. Paul Thompson is turning his personal story of securing twenty plus deals in his first eighteen months of investing into an inspiration for everybody else. When Paul realized that the perfect time to start investing was never going to come, he simply jumped in. Now, he’s doing three deals a month. He is able to help himself as well as help others build wealth and passive income with cashflow. Paul, welcome to the show.
Marco, thanks for having me.
It’s great having you on. You have an interesting story. Why don’t we start there? Tell us how you got started in real estate and how you escape that Corporate America.
I was in a situation where I was a fifteen-year overnight success. I was in the Corporate America world for seventeen years altogether. About fifteen years into it, I was not finding my job fulfilling. I felt like I was a sad sack of meat slumped over my office chair. I was inundated with so much stuff at work and I was not enriched at all. One summer, I was driving back from about a ten-hour drive from our beach vacation that we do in the Gulf and I was ticked off and I couldn’t figure it out why. After talking to my wife and hashing things out, I put my finger on the fact that I was realizing that I actually wasn’t free. I had to go back to work, there was not an option. I had these golden handcuffs on. I realized that the scales were removed from my eyes as I was driving back home is, “I have to go back to work on Monday and I don’t have the choice not to.” My wife is a stay-at-home mom, she doesn’t work. My kids were out for vacation. I had the money to stay longer, but I couldn’t because I had to go back to work. What was ironic about it is I couldn’t have asked for another week to even work remotely because that was against corporate policy. The company I worked for was a telecommunications company which creates the very technology that allows this technology to work and would have allowed me to work remotely, but that was against corporate policy. I felt vulnerable.
I was the only wage earner in my house and if something happened to my corporate America job, then we will be vulnerable quickly. I looked for a way to find a way out of it. I didn’t know what the right asset would be at first. I thought maybe I should buy a franchise, start my own business, but then it dawned on me that I can buy one piece of real estate and see how it goes for me. It’s like starting a small business, it was one house at a time I would add to my portfolio. As I grew and developed as an investor, I learned some lessons along the way. I realized that I can grow this enough where I don’t have to work anymore. I can create a lean financial independence and have enough passive income to exceed my living expenses.
The way you felt, a lot of people refer to that as either the Hamster Wheel or the Rat Race. They’re trapped in a revolving cycle of having to exchange time for income. They refer to it as earned income and the IRS refers to it as earned income. That earned income not only is taxed at the highest tax rate, but if you don’t go to work on Monday morning that active income stops coming in. You don’t have income. A good strategy is having multiple sources of income coming in.
The really wealthy people create multiple streams of income. What’s nice about a real estate is there are so many different avenues to do. I like single family or small multifamily when you’re first getting started because it’s intuitive to most of us. It doesn’t take much understanding. You don’t have to start a brand-new business and create some back-office system and all of this complexity. There are so many options where you can buy properties that are truly passive income streams and you keep stacking them on top of each other. Someday, maybe you part with that and do something else or you just continue to grow your portfolio. I think of it as pillars of wealth. You need to stand up. You have your earned income job, you’re active, but you want a good mix of active and passive so that you don’t have to always spend your time working. In that way, you become a capitalist versus being somebody else’s human capital.
We call that a portfolio of income. That’s one source of passive income that comes in. An ideal formula is to have three sources of passive income coming in. There was a mentor of mine that showed me this model of having three sources of passive income coming in and you take those profits and refunnel those back into additional assets that produce income. From that, you design your lifestyle. A lot of people work it backward, they come up with a lifestyle that they want and they figure out what income they need to support that lifestyle. They figure out what investments and businesses do they need to build around that in order to support that entire lifestyle that they want to live out. Everybody seems to start with an earned income approach where they have a job and they’re strapped to a profession like a doctor or a dentist. They can’t get out of that because they are the business. If they stop working, the income stops coming in. You realized that early on and you figured out how to make it work. Tell us about your investing, what did you buy? How are you buying? What have you accomplished in terms of investing?
I invested in single-families in my area, which is Little Rock, Arkansas. I happened to live in a market where cashflow is easier to find than many places, especially on the East Coast or the WestCoast. I went out and bought my first deal. I bought it for $30,000. I borrowed that money and I put $10,000 of my own money into it. I turned around and refunneled that back out and got most of my investment back out. That was my proof of concept that this works, I can buy it for this, I can get a rent for $650. I was able to find a good tenant, good contractors, and good resources to take care of the problems when I was at work. I would then move on and do that again. I continued to redo that same strategy over and over again, and they came in clumps.
If you look at the average, I purchased one per month, but in reality, I would buy five or ten in a couple of months and five or three or four months later, I’d buy another cluster of properties that I have found somehow. It’s important to know, especially when you’re first getting started, the things that you’re hearing from all the advice that you’re giving, put it to test as soon as you learn something. The success comes from taking the idea into action and learning somewhere along the way what is the reality. When you realized, “This is my pro-forma expectations. The expenses were too low, maybe I need to adjust my model when I go to the next.” I was buying little portfolios effectively and putting it out in the field and testing to see if it was and then making adjustments.
The properties you’re buying, are they all in the $40,000, $50,000, $60,000 price range? Are you buying stuff that is higher priced or worth more?
I do go a higher price now. As you get more experienced, you get better at finding properties and understanding. You grow your access to capital. I prefer being in what I would call a B-Minus or an A-Minus area, someplace where there’s a Starbucks, but the numbers still work. There I can get a little bit of cashflow and I also have a better potential for being in the path of progress and getting some appreciation as well.
[bctt tweet=”Invest in something that you understand.” username=””]
A lot of my readers understand that you have chosen to take an active method of investing in real estate. You are out there looking for deals that are underperforming. They’re either distressed assets or they’re distressed sellers are looking to unload a property and you’re buying it far below the after-repair value or what would be the fair market value after doing a renovation. That’s one of what I call the 101 Ways to Make Money at Real Estate. There are many different ways to make money in this industry. That is a very smart way to go and it makes a lot of sense for someone who has some knowledge but more importantly the time to do it. I’m not for or against it.I’ve done a lot of that myself and everybody has their preference. Are you doing any passive real estate investing, meaning that you are buying off MLS or other people’s passive rentals, meaning they’re rent ready? How much of it is active real estate investing? How much of it passive?
As I mature as an investor, it becomes more and more passive. When I was first getting started and trying to get out of my day job, I went very active so I can get a higher return, but that takes a lot of time and effort. Now, that I no longer have a day job, I spend my time growing another business, which is coaching, consulting, figuring out, and training other people how to be an investor. My real estate now has become more of the passive side. I’m doing more of the traditional thing where I’m making the offers through the MLS or buying from existing wholesalers or working with similar asset managers. I find some of those in my market that is down the street. Why not just buy a property that’s fully fixed-up and I can get a steady solid return? As I grow older and more mature in my investing experience, I tend more towards that way because I value my time more especially as I get older.
There are two kinds of real estate investors. There are those that are in a corporate job or on a career path where they are doing it because they need the income. They don’t want to necessarily be working in the job that they’re in and they dream about real estate. That’s something they work their way into. Eventually, they get to a point where they have enough passive income. They can replace their existing job or earned income and they move into real estate investing fulltime. That may be a combination of passive investments and a combination of active investments. Meaning that they’re finding properties, fixing them up, maybe flipping or keeping some, but ultimately they create a new career in real estate.
Then you’ve got the other type of person who loves what they do. They enjoy being a professional or a performing arts person or whatever it may be. They choose to invest on the side in the most passive way possible. For you, you went from corporate America, not liking it and realizing that this is a high-risk and dangerous place to be, and you worked your way into a career of investing in real estate for the passive income and it worked out well for you. Do you have any tips or suggestions for people that are thinking about moving into real estate as a fulltime job or career?
Once you get bit by the real estate bug, it’s hard to get out of it. It’s one of those things that as you develop, as you learn some creativity and all the options that are available to you in real estate, like you said, there are 101 ways potentially to buy real estate. Invest in something that you understand. Once you start investing in real estate in a passive way and you realize that there’s a lot of avenues that you can do. For example, you could do Airbnb, that’s the very active way of doing things, but you can take assets that are already there and then you can juice the returns by basically changing markets.
Anybody who’s looking for more opportunity to increase their returns and wanted to take a little more active role in their investment strategy, that’s when you try and start looking for assets that are underperforming. You do value add. I still do the lipstick on a pig type and I do not rehab and I don’t ever swing a hammer myself. I tell people all the time, “Stop doing that. You’re trying to get out of that.” I want to invest in the intellectual capital between my ears. I tell people, “Every problem can be solved with a check and a phone call.”When you take that attitude, you can still take an active role in finding deals, but you still manage it in a passive way. Once you find and acquire the asset, it can perform in a passive way you’re associated with. That’s a choice as an investor, how active you want to be in finding the deal on the front end.
That’s the spectrum that you need to make a decision on. Some people start on one end of that spectrum of work their way the other way.
There’s no right answer. There’s a threshold. You pick where you want to go and where it meets your personal criteria. If you want to get out and you want to actively create your portfolio, by all means. If you have a rewarding, fulfilling job, then continue to invest, but invest with asset managers that are professionals. You can buy their business by buying one of their assets they have already found for you.
Paul, you talk about building wealth with passive income not being just for the 1%. Can you explain what you mean by that?
We spend way too much time talking about the 1% because the 1% are the truly wealthy people. The likelihood of somebody who’s reading this starting the next Facebook or Google is very unlikely, but that’s who gets all the attention. I prefer to think that 95% of us are in this corporate junk jail and 1% of people over there have freedom of life and opportunity. The problem over there is that you have to go fend for yourself. 95% of us that are sitting over here in the corner who will never work for income, we’re kept. It’s not that bad of a life, but we’re all feeling that squeeze of costs going up, benefits packages are tending to go down, and it’s harder and harder for the middle class to survive and maintain our cost of living or standard of living. Our standard of living is costing more, but our incomes aren’t going up accordingly.
By investing in assets that work for you while you sleep and having multiple streams. Like what you said, your mentor had said having three different types of investments out there. When you go cross that unsteady bridge to get over there, that’s the 3% or 4% that most of us want to be a part of. The reality of being part of the 1%, it’s not exclusively meant for them. That’s an exception to the rule that we spend way too much time focusing on it. There is no hero coming to save you right now, there’s no shining white knight and that you’re going to win the lottery. You have to create this stuff for yourself, by investing in yourself and by investing in assets that make money for you while you sleep.
Tell us about the five things that you can do to help create a new money mindset. I love psychology and I like positive thinking and being optimistic. I have no idea what you’re going to say, but I’m excited to hear about it.
Psychology is the answer to most of our problems. Anybody that I hear that says, “I have the psychology down, but for some reason, I can’t take this action,” then you don’t have the psychology down yet. Psychology is 80% of your success. The actions you take as a result of psychology will yield you results. When it comes to money mindset, the number one thing is you have to separate your time for money. You hear the phrase all the time, “Time is equal to money,” but I suggest that that’s actually not the case at all. You have to separate this thinking that suggests, “I am worth how much time that I’m worth.”
The second thing is whatever profession you have, especially if you’re a consultant, you need to think that you’re not charging somebody for an hour of your time. What you’re charging them for is all the wisdom that you’ve come up to along the way to provide them value. In that, they will pay you according to your value. Third, the value is subjective. Have you ever heard of the ice cream story before? This idea that somebody would sell a house at a discount or why would somebody do this, I’ll give you a quick example. What is your favorite flavor of ice cream?
Probably chocolate.
Your favorite flavor of ice cream is chocolate. If I gave you a bacon ice cream would you eat it?
I’d probably think twice about that one.
You think twice about bacon ice cream. You have two scoops of bacon ice cream and I have one scoop of chocolate. I offer it for free for you to do a trade on that, I’ll take your two scoops of bacon ice cream and you can have my one scoop of chocolate, would you do it? Why would you do that? You have more, it’s more valuable. You have to whole scoops of ice cream.
[bctt tweet=”There’s no right answer. There’s a threshold. You pick where you want to go and where it meets your personal criteria.” username=””]
For me, the value is not in the quantity. The value is in what I’m going to derive or how much I’m going to enjoy that flavor of chocolate.
Therefore, the value is subjective. When we’re thinking about money and the value that we’re exchanging with somebody, we perceive and project what somebody else wants. That’s the flaw. Value is subjective. The fourth one, what’s funny about money is that we don’t actually want money. What we want is what money can do for us. That throws people. I like to use this example. If I gave you this offer, if you could change places with Warren Buffett right now, he’s like 79 years old or 80 years old but he’s one of the richest men in the world, would you trade places with him? You would have access to all of his wisdom, capital, and everything, but you’d be in his body. You can live your life however you want it to, but you’d be in his body.
I would not.
Why not?
Time is more valuable for me. The experiences that I have with the time that I have available is more valuable. I’m a firm believer that given my knowledge and time, I can create the wealth that I need. I wouldn’t want to give up years of my life. Time is the most precious resource.
There is no amount of money that I would exchange 40 years of my life to suddenly become a multimillionaire and live in an 80-year-old body, barring some new development where they’d be able to sustain our lives forever. It would not be a viable relationship. You don’t actually want money, you want what money can do for you. That can change your psychology. You build the life that you want, and you go and find money to fill in the gap. You want the life that you want and then you go figure out a way how to make money around your life. We get caught up in this idea that we have to go work and we have to go make an earning living wage and then we live our life in the gaps in between. We live for the weekend and the two or three-week vacation. In the modern day, it is not necessary for us to live that way.
Number five is you have all the money that you truly want for anything that you want badly enough. The greatest lesson that I could tell anybody is that we get caught up in this chase for money, but when we get it, we don’t understand why we want it. We’re unhappy when we achieved this millionaire status or accredited investor status or whatever it is that we’re trying to reach for. We reached the summit of the mountain and we’re not fulfilled and we wonder why. It’s because you didn’t enjoy the process along the way of figuring out what you want and finding the resources to get there. The ultimate resource is not having resources, it’s being resourceful.
It reminds me of the interview I had with Dean Graziosi. It was all about the millionaire mindset and habits. One exercise that he does, not just to himself but to other people, is to ask the question why, but go five to seven levels deep. When you first answered the question, “Why are you doing what you’re doing?” or “Why are you trying to achieve a million dollars?” or “Why do you try to do anything?” When you stop to think about it and you ask the question why and keep digging deeper and deeper, you’ll eventually get to the real answer to the question and the emotional components of it.
It’s very revealing. It’s a great exercise. It’s not just the journey, but setting your target as $1 million and making that your goal, that’s not what you’re trying to do. You don’t want the million dollars for the sake of having the million dollars, it’s what are you going to get out of that. That’s exactly what you’re talking about. If you have a fulfilling life, you have to enjoy what you do, you have to enjoy the journey and destination. It’s usually not as simple as that $10 million or $1 million or 50 houses. It’s not because of the 50 houses, but it’s what you get out of it.
Happiness is the pursuit of a worthwhile goal. If your goal is truly worthwhile, the actual pursuit of it is what makes you happy. Have you ever heard the story about how they had to start making plans for astronauts who are going to go into outer space beforehand? Once you go to the moon, then what? A lot of people that go into a depression after they reach astronauts status, go into space and walk on the moon. Where else do you go from there? If you have to come back home and figure it out, it can mess up your psychologist. They would have them create plans that were big audacious goals after they got back from their very unique special attainment or achievement.
I’ve heard that same analogy used with people who go to war, come back, and they have depression. I’ve heard that with people who go to jail for ten or twenty years, get out, and their skills are no longer useful. They have no plans for what they’re going to do and they have to start all over again. It becomes very depressing. You have to have that journey mapped out. This is why I’m so big on goals and goal-setting and reviewing them every year or every quarter, then revisiting and rewriting them. It keeps you focused. It keeps you moving forward and keeps you happy because you see the destination. You can see the horizon and you enjoy the journey.
That’s happiness. You just described the definition of happiness.
I didn’t realize I did that. You were talking about mindset and that brought up the topic of likeminded people. I belong to multiple mastermind groups and I’m a big believer in the concept of the mastermind. There are different ways to have a mastermind. Napoleon Hill was one of the first people to write about it. Why is finding a tribe of like-minded people important to your success?
It’s like the old Jim Rohn quote,“You’re the average of the five people that you’re around the most.”If you don’t make it a point to constantly upgrade the people that you’re spending your time with, you’re always going to be like the people who are around you. They’re not like bad people, but if they’re not goal-oriented and they don’t have a growth mindset, then they inadvertently pull you down. I strongly encourage people to reach out and find the most inspiring and wonderful people that you can be around as possible. Whatever your discipline is, or if it’s about investing too, it doesn’t matter.
There’s a quote from Napoleon Hill, and I’m going to paraphrase it, it says by being a member of a properly run mastermind, you can achieve more in one year than you could achieve by yourself in your entire lifetime. That’s the power of being in a properly run mastermind. I don’t think I could have ever gone out and accomplished the goals that I did without finding other people around me who were trying to do the same thing or finding mentors that could show me the way. One of the reasons why I started my own mastermind was because I want to give back to the community or other people who were like me three years ago. I could help show them a way to take their lives and their investing to the next level if they’re interested in being a member.
A mastermind is very powerful and I encourage people listening to find or join a mastermind if they can. It doesn’t have to be local to you. It could be online or virtual. The masterminds I belong to, we get together in different cities throughout the year. We come together and help each other, solve each other’s problems, and bring in guest speakers. It is a powerful concept. It’s funny you mentioned Jim Rohn. I love Jim Rohn. Unfortunately, he passed away six or seven years ago. I am good friends with his business partner, Kyle Wilson, who’s a standup guy. He’s fantastic. He helped Jim Rohn become as big as he is.
Jim Rohn didn’t like to speak in public if you can believe that. He’s a very smart man and an eloquent speaker. He had a lot of great nuggets of wisdom. This proves the whole concept of a mastermind, that you can’t do everything on your own. You’re not an expert at everything, so you need to have the right team of people around you to get to that next level and blossom. That’s what happened with Jim Rohn. He’s got such great content and the whole concept of a mastermind is pretty powerful. It actually amazes me how many people I talked to about a mastermind that don’t even know what a mastermind is. I have to explain it to them and once they hear it the first time they go, “That’s a cool idea. I need to look into that myself.”
What’s cool in the modern world is that you don’t have to find people who are in your geographic vicinity. You can use technologies, like Zoom calls. I hear people from all over the country and some people who are in Europe, they’re part of one the masterminds I’m in. I found friends and developed people of like-mind that I don’t know if I would’ve ever found on my own prior to the technology.
We got into a very quick conversation about different modes of real estate investing. I don’t know if it’s something you want to touch on here, but I thought it was an interesting thing.
We all go through the stages of life, but we also go through stages of our investing. When you first start, most people, if you’re younger especially, you’re in acquisition mode. You’re trying to acquire as many assets as possible. You may have different goals for that. One might be cashflow or capital appreciation. As you mature and gain a certain level of success, you go into the next stage, where you want to steady things out so you need less cashflow. Now you want things like tax advantages and true capital appreciation. For a single-family point of view, you may not be less concerned about the cash flow, you might just be able to be happy with 5% or 6% return.
You want to be in property or markets where you believe there is a high chance of capital appreciation. That’s one of the benefits of shopping the market, what you offer is you can easily go into the market. I’m in Little Rock and there will be a stage when I’m going to branch out. I’m going to go to other markets where I can go and get the appreciation play, which is not easy to do here in Little Rock because we’re a very linear market. The next level is you want to preserve your wealth. Once you’ve built wealth, you want to preserve it. At that point, you go into a more of a diversity play. That way you don’t want to be all in in one thing.
[bctt tweet=”The ultimate resource is not having resources, it’s being resourceful.” username=””]
In each of these steps, there might be five modes or maybe five or ten stages. Once you hit a certain stage, you adjust your strategy. The last stage is an inter-stage, that season in life when you’re at the end of your lifespan, you’re trying to create a legacy. You’re trying to delegate and dispense out with the most tax advantage way what your assets are. You’re doing all these other creative tax and strategies that you and your guests talk about, especially once you get towards the end of your earning career and the health of your body. You’re thinking about, “What can I do for the generations behind me?” That’s the last inter-stage of the modes of real estate.
I love the progression too. I use the same terminology in terms of the acquisition. You were talking about three different investments that you can make right away to set you up for future wealth. Can you just talk about those three?
It always starts with investing in your stuff. No matter how old you are or how far along you are in your investment or your investments stages, you always have to be learning and adapting to what’s happening in the real world. I always tell people, if I could give somebody four words of advice, “Always invest in yourself.” That’s number one. Two, you want to invest in your network. This idea of branching out to people who are like you, very similar to the mastermind concept, being out and networking with a purpose to find people who are interesting and who are engaging. You never know what’s going to happen by going to a conference or by getting to know somebody who is really understanding.
I always like to ask the question, “What is your biggest challenge right now?” You’ll be surprised how many people who are like, “I’ve never had anybody asked me that before. You seem to really care about what I’m doing because you’re asking about my challenges.” That’s another investment that I consider is the number two. Number three is this idea of investing for your future. What can you do to help enrich somebody else? Once you’ve invested in yourself and the people around you, what can you do to help empower other people? Who can you enrich? That’s the ultimate benefit in the world. There is evidence that suggests that as you enrich people around you, you become more enriched, there’s this feedback loop. There have been studies that show if you donate, for every thousand dollars, you get like 1,083 back.
I believe it. It makes me think of what Zig Ziglar used to say, “You can have everything in the world that you want as long as you help enough other people get what they want.” It’s putting other people first. Paul, this has been very enlightening. I liked the psychological aspect of investing in real estate, personal development, and growth. This is a nice bridge into the mental game as it relates to investing in real estate. Tell us about what you do and then tell our audience how they can find more about you and your services.
I am a fulltime investor. I always will invest and do investment. I’m growing pillars of income and businesses. The other aspect I want to do is I want to help as many other people achieve financial independence or escape the rat race or escape from the Matrix as I call it. If you want to engage in that and figure out how you might be able to work with me is you can go to PaulDavidThompson.com/PassiveREI. That’s set up specifically for your audience, Marco. If they want to engage with me or they’re interested in the mastermind engagement, I have a free giveaway out there for anybody who wants to listen. I’m an open book. I’ll help whoever I can, however, I can.
Anything you want to say to our readers?
I want to thank you so much for having me on here. Sometimes you get a little bit of doubt as to whether or not you have made in life and when I have the opportunity to be on such a prestigious podcast as this, I feel like I’m doing something right.
I appreciate you saying that, Paul. It’s been a pleasure having you on as a guest. That’s great. Thanks for your time.
Thanks for having me.
Thanks for being here. If you haven’t downloaded the free report I created called The Ultimate Guide to Passive Real Estate Investing, I encourage you to do so. You can do that from either one of our websites, PassiveRealEstateInvesting.com or to our property website at NoradaRealEstate.com and download that free report. It is a great primer, it’s 40 pages and it’s chock-full of great content to help you invest or improve your investing and take you from good to great. If you are ready to have a conversation, we offer free strategy sessions. Just call up one of our investment counselors or you don’t even need to call it, go to our website and fill out the form and one of them will follow up with you.
Do you have a question about real estate investing? I may have an answer. I can’t promise you, but I may. Ask Marco on our website. If you haven’t already done so, please remember to subscribe and we would love a rating and review on iTunes. I appreciate everybody who has done that, we’re over 650 five-star reviews. I want to thank you so much for that. It helps us spread the word and it keeps us high in the iTunes ranking so we can share the word with more people. Thanks for reading. I appreciate you very much.
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