loader from loading.io

242: An Insider’s Guide for Out-of-State Investors with Andrew Kim

The Wake Up Call

Release Date: 03/19/2024

251: Empowering Landlords to Build Successful Portfolios with Krista Reuther show art 251: Empowering Landlords to Build Successful Portfolios with Krista Reuther

The Wake Up Call

Description:  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, Krista and Paul discussed the advantages of Turbo Tenant, an all-in-one landlord software solution. Krista emphasized that the software, developed with input from landlords, offers a comprehensive suite of features and a free trial, making it accessible to a wider range of users. She also highlighted the company's affordable pricing, driven by its commitment to...

info_outline
250: Structuring Family-Owned Businesses and Real Estate Investments with Carmen Da Silva show art 250: Structuring Family-Owned Businesses and Real Estate Investments with Carmen Da Silva

The Wake Up Call

Description:  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, Carmen and Paul dived in to the intricacies of structuring family-owned businesses and managing real estate investments. They discuss the use of subsidiaries, parent entities, and the advantages and challenges of various business structures. Additionally, they explore the benefits of self-directed IRAs for real estate investing, tax planning strategies, and asset...

info_outline
249: Unconventional Journey to Real Estate Success with Engelo Rumora show art 249: Unconventional Journey to Real Estate Success with Engelo Rumora

The Wake Up Call

Description:  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 insightful episode, host Paul welcomes Engelo, a self-made real estate entrepreneur with a unique background. From dropping out of school at 14 to playing professional soccer in Hong Kong, and later transitioning to construction and self-development, Engelo's journey is a testament to perseverance and the pursuit of one's passions.  Engelo shares his experiences in the...

info_outline
248: Insights from Mateo Bervejillo's Path to Success show art 248: Insights from Mateo Bervejillo's Path to Success

The Wake Up Call

Description:  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 insightful episode, we delve into the entrepreneurial journey of Mateo, the CEO of Xseed, a software development company based in Uruguay. Mateo shares his inspiring story, from his early career as a manager in the teleconsultancy industry to his transition into the outsourcing sector and eventually becoming an entrepreneur.  He highlights the challenges he faced along...

info_outline
247:  How AI is Leveling the Playing Field for Investors with Andrew Einhorn show art 247: How AI is Leveling the Playing Field for Investors with Andrew Einhorn

The Wake Up Call

Description: 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, we sit down with Andrew, the founder of LevelFields AI, to discuss how his company is using advanced data analysis and artificial intelligence to give individual investors access to the same powerful insights that were previously only available to large financial institutions.  Andrew shares how his platform scans thousands of news sources and company filings in...

info_outline
246: Navigating the Complex World of College Planning and Financing show art 246: Navigating the Complex World of College Planning and Financing

The Wake Up Call

Description: 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 lifestyle and economy. In this episode, Paul and Brad delve deep into the intricate world of college planning and financing. They discuss the critical steps involved in the late-stage college planning process, including visits, testing, negotiating with schools, and securing various forms of financial aid.  They also explore the differences in guidance counseling services between private and public schools, and...

info_outline
245: Building a Well-Oiled Business Machine show art 245: Building a Well-Oiled Business Machine

The Wake Up Call

Description:  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 lifestyle and economy. In this episode, Paul Thompson shares his insights on developing an effective process for running a successful business. He outlines his approach to setting big, hairy, audacious goals, breaking them down into a 3-year vision and 1-year plan, and then implementing a cadence of weekly tactical meetings and daily huddles to drive execution and accountability.  Paul emphasizes the...

info_outline
244: Mastering Marriage, Entrepreneurship, and the Art of Living by Design show art 244: Mastering Marriage, Entrepreneurship, and the Art of Living by Design

The Wake Up Call

Description:  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 lifestyle and economy. In this introspective episode, Paul Thompson reflects on two pivotal journeys – his marriage and entrepreneurial ventures. As he celebrates his 19th wedding anniversary, Paul shares poignant insights on the evolving phases of marriage and the intentional commitment required to build a lasting partnership. He then shifts gears, discussing his involvement in an ambitious mastermind group...

info_outline
243: Leveraging Podcast Guesting to Raise Capital and Build Your Brand with Trevor Oldham show art 243: Leveraging Podcast Guesting to Raise Capital and Build Your Brand with Trevor Oldham

The Wake Up Call

Description:  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 lifestyle and economy. Trevor Oldham, founder of Podcasting You, shares valuable insights on how real estate investors and entrepreneurs can effectively use podcast guesting as a strategy to raise capital, build authority, and grow their businesses. He discusses the tactics and best practices for identifying the right shows, creating compelling pitches, repurposing content, and nurturing relationships with...

info_outline
242: An Insider’s Guide for Out-of-State Investors with Andrew Kim show art 242: An Insider’s Guide for Out-of-State Investors with Andrew Kim

The Wake Up Call

Description:  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 lifestyle and economy. Industry experts Paul Thompson and Andrew Kim explore the opportunities and obstacles for investors eyeing single-family rentals across the Sun Belt. With boots on the ground from Dallas to Memphis, Andrew offers hard-won advice for vetting deals, financing purchases, and managing rehabs remotely.  Gain valuable perspective on the pros and cons of multifamily versus single-family...

info_outline
 
More Episodes

Description: 

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 lifestyle and economy.

Industry experts Paul Thompson and Andrew Kim explore the opportunities and obstacles for investors eyeing single-family rentals across the Sun Belt. With boots on the ground from Dallas to Memphis, Andrew offers hard-won advice for vetting deals, financing purchases, and managing rehabs remotely. 

Gain valuable perspective on the pros and cons of multifamily versus single-family assets. Discover Andrew’s “bird method” focused on cash flow over appreciation. Whether you’re looking to break into the Sun Belt or expand your portfolio, this in-depth conversation delivers actionable intelligence.

 

Key Takeaways:

  • Leverage local expertise when evaluating deals to avoid risky assumptions based solely on numbers

  • Utilize property management partners’ contractor networks to efficiently complete renovation projects

  • Consider DSCR loans for their investor-friendly terms, but understand lenders’ processes vary greatly

  • Diversify across both single-family and multifamily assets to minimize vacancies’ portfolio impacts

  • Prioritize markets with ongoing population growth and landlord-favorable legislation

  • Focus on long-term cash flow over short-term appreciation to build lasting wealth

 

Follow Paul Thompson

• LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/

• Website | https://pauldavidthompson.com

• Tiktok | https://www.tiktok.com/@pauldavidthompson

 

Resources:

https://sharesfr.com/

https://blog.sharesfr.com/

https://www.linkedin.com/company/sharesfr/

www.PaulDavidThompson.com - Real estate resources, past episodes, and information on my mastermind

 

I want to help you achieve financial and personal freedom.

  1. Check out THIS link for some valuable resources

  2. Click for a FREE WEBINAR to learn about your 12% ROI.

  3. If you're ready to take action now, let's hop on a CALL now!

 



About Today’s Guest:

Today, we have Andrew Kim, CEO of SHARE, a startup revolutionizing rental property investment. With a background in real estate and experience assisting institutional investors in acquiring over $7 billion in property, Andrew aims to democratize access to the single-family rental market. SHARE offers an end-to-end service, handling everything from property sourcing to tenant vetting, allowing investors to enjoy passive income without the hassles of traditional landlord responsibilities. Andrew's innovative approach and extensive expertise promise to reshape the real estate investment landscape, and I'm eager to delve into his insights on the industry, startup success, and SHARE's market evaluation strategies.