The Investor's Guide to Preferred Equity with Paul Moore скачать в хорошем качестве

The Investor's Guide to Preferred Equity with Paul Moore

Join us on the latest episode of Passive Investing from Left Field, with guest Paul Moore from Wellings Capital. In this episode, we unravel the art of building confidence with LPs, explore the resurgence of preferred equity, and share insights on diversification strategies. Discover Paul's journey from speculator to seasoned investor, gaining actionable advice for consistent returns. Don't miss these gems of wisdom that could steer your investment journey toward consistent returns and stronger strategies. About Paul Moore After a stint at Ford Motor Company, Paul co-founded a staffing firm where he was 2x Finalist for Michigan Entrepreneur of the Year. After selling to a publicly traded firm, Paul began investing in real estate. He launched multiple investment and development companies, appeared on HGTV, and completed over 100 commercial and residential investments and exits. He has contributed to Fox Business and The Real Estate Guys Radio and is a regular contributor to Bigger Pockets, producing live shows, recorded videos, and blog content. Paul also co-hosted a wealth-building podcast called How to Lose Money and he’s been featured on over 200 podcasts. Paul is the author of Storing Up Profits – Capitalize on America’s Obsession with Stuff by Investing in Self-Storage (Bigger Pockets Publishing 2021) and The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing. Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm. Key Points From The Episode: 1. The critical importance of investors conducting a 'deep dive' due diligence and not just relying on others' research. 2. Paul shares his transition from being a 'speculator' to an 'investor,' differentiating the two by the safety of the principal and potential for profit. 3. The difference between 'preferred equity,' and 'preferred returns,' emphasizing that the two are often confused but distinct concepts. 4. LP investors are advised to carefully examine preferred equity deals, considering the operator's track record and potential for asset value increase before investing. 5. The shift in the lending environment, with lenders now offering reduced loan-to-value ratios, affects the capital stack composition. Timestamps: 03:33 His real estate journey? 05:20 Transition from speculator to investor 07:32 Preferred equity vs preferred returns 09:27 What is preferred equity? 14:55 Why aren’t the lenders lending more? 16:42 Should the LP know about the preferred equity? 20:29 Are all pref equity the same? 30:44 What to look for in the common equity? 33:04 How do you protect yourself from deals failing? 37:46 How does an LP get into pref equity? 40:41 How does the LP evaluate this? 42:43 Preferred Equity 43:48 Podcast recommendations 44:42 Contact Paul 45:05 Thank you for watching Resources Mentioned: Contact The Guest: Instagram- @paulmooreinvest Facebook- @wellingscapital LinkedIn-   / paul-moore-3255924   Email- paul@wellingscapital.com Check Out This Book: Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh: https://www.leftfieldinvestors.com/bo... Podcast Recommendations: Motley Fool Money https://www.fool.com/podcasts/motley-... The Walker Webcast: https://www.walkerdunlop.com/webcasts/ All In Podcast: https://podcasts.apple.com/us/podcast... Advertising Partners: Left Field Investors - BEC https://www.leftfieldinvestors.com/bec/ Tribevest: https://www.tribevest.com/ Rise48 https://rise48.com/ Aspen Funds https://aspenfunds.us/ GSP REI https://gsprei.com/ Spartan Investment Group https://spartan-investors.com/ Vyzer https://vyzer.co/