Crushing Debt Podcast
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- Episode 161:Give Your Way Out of Debt
In this week's Crushing Debt Podcast episode, we have a returning guest, Paul Moore of Wellings Capital.
Paul was a guest on Episode 78 talking about reducing tax liability using multifamily investing, and promoting his book "The Perfect Investment."
In this week's episode, Paul is back to talk about:
1. Two new private equity funds Paul has launched for real estate investors, an income fund and a growth fund. Paul has used a value formula for commercial real estate investing and discovered that he can separate the funds into mostly self-storage facilities, mobile home parks and multifamily investing.
2. How he went from $1.7 million in the bank, to $2.5 million in debt, to debt free in 2008 / 2009 by giving his way out of debt.