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 BiggerPockets, producing live shows, recorded video, 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 (BiggerPockets 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.
May 12th, 2022 | 35 mins 20 secs
brian robinson, debt, multi-family housing, paul moore, real estate investing, real faith stories, self-storage, wellings capital
As a real estate developer in late 2007, Paul was $2.5 million dollars in debt and If he didn't pay, he was going bankrupt. It was right at this time he felt compelled to increase his charitable giving beyond anything he'd ever done before. Many of those around him thought his idea was crazy. Yet 13 months later, despite going thorough America's worst financial crisis since the great depression in 2008, he miraculously paid off everything and became debt-free.