Radical Wealth Plan

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. In this episode, I’m joined by Ben Lee, a real estate attorney and investor with decades of experience navigating deals most people would walk away from. We break down why real estate isn’t fair, how information and problem-solving create real advantage, and why disciplined buyers win even when markets get tough. If you want to understand how experienced investors actually think about risk, debt, and value, this conversation will sharpen the way you look at every deal. *Ben Lee* Website: https://www.theagencyre.com/agent/ben-leeInstagram: https://www.instagram.com/theagencyre/ *Connect with Paul* Instagram: https://www.instagram.com/paulmarkmorris/ TikTok: https://www.tiktok.com/@itspaulmarkmorris YouTube: https://www.youtube.com/@radicalwealthplan Facebook: https://www.facebook.com/paulmarkmorris Presented by Entrepreneur Media & Money News Network Entrepreneur Media: https://www.entrepreneur.com/podcasts Money News Network: https://www.moneynewsnetwork.com Timestamps 00:00:00 Introduction and Welcome 00:00:27 First Real Estate Investment 00:02:28 Learning the Ropes 00:05:55 First Big Profit 00:06:57 Transition to Real Estate Law 00:07:42 Real Estate Agent Journey 00:08:47 Insider Information in Real Estate 00:11:13 Navigating Real Estate Deals 00:22:59 The Three Rules of Real Estate Investing 00:23:10 Buying Local Properties 00:23:49 A Real Estate Deal Story 00:25:58 Unexpected Challenges in Property Management 00:27:36 Advice on Fix and Flip Investments 00:28:52 The Importance of Capital and Debt Management 00:31:55 Real Estate Investment Strategies00:43:29 Future Opportunities and Closing Thoughts Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. In this episode, I break down why a massive $1 trillion real estate debt wall coming in 2026 could create one of the most important buying opportunities we’ve seen in years. I walk you through exactly how maturing loans, rising interest rates, and debt service coverage issues are likely to force many multifamily owners to sell — and why prepared investors may benefit. If you want to understand what’s really happening beneath the surface of the market and how to think about timing, deals, and long-term wealth, this episode is for you. Connect with Paul Instagram: https://www.instagram.com/paulmarkmorris/ TikTok: https://www.tiktok.com/@itspaulmarkmorris YouTube: https://www.youtube.com/@radicalwealthplan Facebook: https://www.facebook.com/paulmarkmorris Presented by Entrepreneur Media & Money News Network Entrepreneur Media: https://www.entrepreneur.com/podcasts Money News Network: https://www.moneynewsnetwork.com Timestamps 00:00 Introduction to Radical Wealth Plan 00:07 The Common Question: When to Buy? 01:01 The Debt Service Coverage Ratio Explained 02:16 The Impact of Rising Interest Rates 02:38 Refinancing at Current Rates 02:56 The Financial Strain on Property Owners 03:27 The Coming Refi Wall in 2026 04:03 Conclusion: Timing and Generational Wealth Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. In today’s episode, I’m breaking down exactly how you can invest in real estate even if you don’t have money saved. I walk you through what makes a great deal, why the deal itself attracts the funding, and how competence and clarity can bring investors to your table—even if you’re brand new. I also share the step-by-step strategy I used early in my career, including how to find value-add properties, build relationships with the right realtors, and structure opportunities that investors want to be part of. If you’re ready to start building wealth but feel like money is the obstacle, this episode will show you the path forward. Connect with Paul Instagram: https://www.instagram.com/paulmarkmorris/ TikTok: https://www.tiktok.com/@itspaulmarkmorris YouTube: https://www.youtube.com/@radicalwealthplan Facebook: https://www.facebook.com/paulmarkmorris Presented by Entrepreneur Media & Money News Network Entrepreneur Media: https://www.entrepreneur.com/podcasts Money News Network: https://www.moneynewsnetwork.com Timestamps 00:00 Introduction to Radical Wealth Plan 00:00:22 The Concept of Using Other People's Money 00:00:53 Focusing on the Deal, Not Your Bank Account 00:01:03 Evaluating a Great Real Estate Deal 00:02:19 Case Study: The Ramshackle Fourplex 00:02:58 Estimating Renovation Costs and Rental Income 00:04:07 Attracting Investors with Competence and Clarity 00:05:43 Partnering with a Specialized Realtor 00:06:52 Understanding Value Add Deals 00:07:47 Evaluating and Presenting Deals to Investors 00:09:14 Building Relationships with Realtors 00:12:10 Conclusion: Closing Deals with No Money Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. Today I’m joined once again by Merse Kollo — a top developer agent who helps investors find deals that crush the average returns you’ll ever see on Wall Street. We break down the real numbers behind real estate versus the S&P 500, why 91% of stock investors underperform, and how developers routinely get 70% or higher cash-on-cash returns. From leverage and control to tax advantages and 1031 exchanges, this episode is a full breakdown of why real estate doesn’t just build wealth — it beats the market by a mile. *Merse Kollo* Website: https://www.westcovedev.com/my-team/merse-kollo Instagram: https://www.instagram.com/merse_kollo *Connect with Paul* Instagram: https://www.instagram.com/paulmarkmorris/ TikTok: https://www.tiktok.com/@itspaulmarkmorris YouTube: https://www.youtube.com/@radicalwealthplan Facebook: https://www.facebook.com/paulmarkmorris *Presented by Entrepreneur Media & Money News Network* Entrepreneur Media: https://www.entrepreneur.com/podcasts Money News Network: https://www.moneynewsnetwork.com Timestamps:00:00:00 Intro: Merse Kollo 00:00:37 Rent vs. Own: A Financial Debate 00:01:44 Comparing Returns: S&P 500 vs. Real Estate 00:02:52 Developer Insights: Cash on Cash Returns 00:06:42 Active vs. Passive Investing 00:13:53 Real Estate Market Stability 00:18:51 Control and Tax Advantages in Real Estate 00:23:05 Reinvesting Proceeds: Real Estate vs. Stock Market 00:24:26 Investor's Critique and Personal Reflection 00:25:50 The Power of 1031 Exchanges 00:27:41 Infinite Returns and Syndications 00:28:35 Dividends in Real Estate vs. Stocks 00:29:56 Tax Implications of Dividends 00:32:30 Analyzing a Real Estate Deal 00:37:52 Leveraging for Maximum Returns Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. Today, I’m joined by Mark Witcoff — a commercial real estate syndicator who completely reinvented his life and career at 49 years old. In this episode, Mark shares how he went from decades of working for others to finally becoming an owner, the lessons he learned from his legendary mentor Sam Freshman, and how partnerships can create more wealth than any paycheck ever could. We also talk about the power of giving back, the importance of community, and why it’s never too late to build real wealth through real estate. Timestamps 00:00:00 Introduction and Guest Welcome 00:01:47 Diversity in Commercial Real Estate 00:03:43 Mark's Journey into Real Estate 00:07:48 Networking and Community Involvement 00:15:54 Career Challenges and Turning Points 00:18:40 Educational Pursuits and New Ventures 00:44:50 Navigating Economic Changes with AI 00:46:59 KW Healthcare Real Estate Services 00:48:11 AI's Impact on Real Estate and Editing 00:52:24 Real Estate Investment Strategies 00:54:03 The Importance of Timing in Real Estate 01:09:31 Partnering and Mentorship in Real Estate 01:24:31 Rapid Fire Questions and Reflections Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. Today, I sit down with world-renowned photographer Michael Muller — the visionary behind some of Hollywood’s most iconic images, from Kobe Bryant’s Time magazine cover to cageless shark photography . We dive into how he built a thriving creative career by following his passion, taking bold risks, and redefining what real wealth means. From cold-calling celebrity clients to rocking a turquoise tooth, Michael Muller proves that true success comes from living — and creating — on your own terms. Michael Muller Website: https://mullerphoto.com Instagram: https://www.instagram.com/michaelmuller7/ Connect with Paul Instagram: https://www.instagram.com/paulmarkmorris/ TikTok: https://www.tiktok.com/@itspaulmarkmorris YouTube: https://www.youtube.com/@radicalwealthplan Facebook: https://www.facebook.com/paulmarkmorris Presented by Entrepreneur Media & Money News Network Entrepreneur Media: https://www.entrepreneur.com/podcasts Money News Network: https://www.moneynewsnetwork.com Timestamps 00:00 Introduction to Michael Mueller 01:15 Defining True Wealth 03:34 The Power of Giving 04:40 Creating Unique Photography 08:05 Breaking into the Industry 11:12 Navigating Fame and Trust 12:46 The Journey of a Photographer 19:00 The Role of Spirituality in Success 36:25 The Lucrative World of Wedding Photography 37:16 Embracing New Ideas and Staying Teachable 37:45 The Rapid Evolution of AI and Online Marketing 40:14 Innovating Underwater Photography 41:33 Overcoming Doubts and Manifesting Success 45:38 The Power of Meditation and Self-Love 53:39 The Importance of Execution and Belief 55:13 Reflections on Life and Legacy Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. Today I’m joined by Chris Zaferes — a chiropractor who turned a $7,000 down payment into a real estate fortune. In this episode, we dive into how he bought his first Venice Beach home when everyone else was scared to, why trusting your gut in a down market can change your life, and how timing a neighborhood can be even more powerful than timing the market. Chris’s story is proof that you don’t need to be a developer to build serious wealth — just the courage to act when others hesitate. Timestamps00:00:00 Introduction and Welcome 00:01:05 Starting a Career in Chiropractic 00:02:06 First Steps into Real Estate 00:04:02 Challenges and Rewards of Early Investments 00:08:10 Navigating the 2008 Market Crash 00:34:39 Spotting Neighborhood Anchors 00:36:19 The Santa Monica Real Estate Formula 00:39:22 The Right of First Refusal Story 00:44:32 The Topanga House Journey 00:50:52 Design Inspirations and Open Houses 00:57:10 Joshua Tree Investment 00:59:52 Partnerships and Trust 01:06:50 Rapid Fire Round Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. In this episode, I sit down with my friend and fellow real estate pro, Gary Gold — the man who sold the Playboy Mansion, to dig into what it really takes to start investing in real estate, even if you’re starting with zero dollars. We talk about how to find “ugly duckling” properties that others overlook, structure your first partnership, and analyze deals the smart way. Whether you’re an agent ready to make your first investment or a beginner looking to build wealth through real estate, this conversation breaks down the fundamentals that actually work. Connect with Paul:https://www.instagram.com/paulmarkmorris/Connect with Gary:https://www.instagram.com/soldbygold/ Timestamps: 00:00:00 Intro 00:02:03 Starting with No Money: My First Big Investment 00:03:54 Understanding Syndication and Partner Contributions 00:09:02 Analyzing the First Deal: The Ugly Duckling Approach 00:11:21 The Importance of Value Add Deals 00:13:20 Finding Opportunities in Unique Properties 00:20:19 Identifying Good Deals with Experienced Realtors 00:22:35 Finding the Right Neighborhood 00:23:47 Emerging Neighborhoods and Investment Strategies 00:24:08 Local Knowledge and Real Estate Investment 00:25:18 Analyzing Deals and Avoiding Retail Buys 00:36:16 Case Study: Long Beach Investment 00:43:19 Final Thoughts and Conclusion Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. In this episode, I sit down with Christian Johnston, a Marine Corps veteran and entrepreneur who turned his discipline and data-driven mindset into real estate success. Christian shares how he went from underwriting hundreds of deals to house hacking a fourplex with zero money down, and how that first investment grew into serious monthly cash flow. We also dive into short-term rentals, using tech and data to find hidden opportunities, and the mindset shift that separates first-time buyers from seasoned investors. If you’ve ever wondered how to break into real estate the smart way, this conversation is packed with insights you can put to work right away. Timestamps 00:00:00 Introduction and Welcome 00:00:22 Christian's Early Life and Naval Academy Experience 00:03:02 Transition to the Marine Corps and Cyber Operations 00:08:36 Powerlifting and Entrepreneurship 00:09:32 First Steps into Real Estate 00:29:27 The Quadplex Purchase and Airbnb Ventures 00:31:53 Developing Properties and Utilizing Zoning Laws 00:35:20 Scaling Up and Partnering with Friends 00:36:37 Navigating Market Shifts and Property Investments 00:38:02 Regulations and Their Impact on Short-Term Rentals 00:41:13 Finding the Right Market for Airbnb Investments 00:42:25 Tools and Strategies for Airbnb Success 00:43:53 Understanding Demand and Supply in Real Estate 00:52:18 The Importance of Professional Management 01:10:31 Quick Fire Round: Personal Insights Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. Today I’m joined by Lizbeth Scordo, a journalist turned real estate agent and investor who has built a thriving portfolio in Palm Springs. We dive into her journey from buying a short sale during the Great Recession to transforming a mid-century fixer into a high-demand vacation rental. Lizbeth shares the lessons she learned from her early break-even deal, why passion for a place can be a real advantage, and how she turned risk into reward by knowing her market inside and out. This conversation is packed with insights for anyone looking to de-risk their investments and create real cash flow through real estate. Connect with Paul: https://www.instagram.com/paulmarkmorris/ Connect with Lizbeth: https://www.instagram.com/modlizbeth/ Timestamps 00:00:00 Introduction and Guest Background 00:00:53 First Investment in Palm Springs 00:03:42 The 2008 Real Estate Market Crash 00:05:34 Navigating a Down Market 00:09:42 Identifying Market Indicators 00:19:55 Transition to a New Property 00:23:10 Challenges and Learnings 00:39:36 Home Renovation Insights 00:40:38 Creating a Unique Vacation Rental Experience 00:43:22 Airbnb Bookings and Guest Management 00:46:41 Exploring Real Estate Investments 00:47:32 Managing Rentals in Different Locations 00:50:57 Downtown LA and the Arts District 00:54:58 Vacation Rental Market Trends 01:10:13 Magic Tricks and Personal Reflections Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. Today, we're talking about an exciting and potentially lucrative area of real estate—short-term rentals. I had the pleasure of sitting down with Josh Rudin and Patryck Swietek, two impressive young investors who have built a thriving business in the short-term rental space. They didn’t just dip their toes in—they went all in, from buying and managing properties to scaling up by acquiring an entire property management company. Josh started flipping houses at just 19 years old, learning the ropes of real estate investment firsthand. Patryck, on the other hand, comes from a high-tech entrepreneurial background and brought his business expertise into the world of short-term rentals. Together, they’ve built a rapidly growing business, managing dozens of properties and helping others succeed in this space. In this episode, we cover what it really takes to be successful in short-term rentals, from choosing the right market and property type to standing out in an increasingly competitive field. They share the hard lessons they learned from buying a business, the strategies they use to maximize profitability, and why regulations are actually a good thing when choosing where to invest. Whether you’re looking to get started with your first rental or scale an existing portfolio, there’s a lot to take away from this conversation. If you’ve ever considered short-term rentals as a path to wealth, or if you just want to hear a great story about two entrepreneurs taking big risks and making them pay off, you won’t want to miss this one. Timestamps 00:00:00 Introduction 00:01:18 Josh & Patryck 00:02:02 Patryck’s Journey – From Deli Worker to Real Estate Investor 00:05:15 Early Investments and Learning from a Mentor 00:08:02 Leveraging Credit and Buying During Market Lows 00:10:33 Josh’s Background – From Flipping Houses to Short-Term Rentals 00:11:36 Patryck’s Tech Background and Entrepreneurial Journey 00:16:20 Short-Term Rental Market & Airbnb Arbitrage 00:20:35 Forming a Partnership 00:23:22 Acquiring a Property Management Company 00:26:00 Lessons Learned from the Acquisition 00:30:38 Transitioning from Operators to Business Owners 00:35:34 Strategies for Short-Term Rental Success 00:41:09 Understanding Local Regulations and Investment Safety 00:46:40 Properties That Perform Well 00:50:49 Future Plans & Final Takeaways for Aspiring Investors Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, brought to you by Entrepreneur Media. In today’s episode, I sit down with Remoun Said, a real estate investor and agent who has mastered the ability to create value in real estate. From transforming single-family homes into multi-unit cash-flowing properties to leveraging California’s ADU laws, his approach is both strategic and highly effective. What makes Remoun’s story so compelling is that he didn’t come from wealth—he built his success through determination, smart decision-making, and a relentless work ethic. Having immigrated to the U.S. as a child, he saw firsthand the sacrifices his father made for a better future, and that experience shaped the way he approaches business and investing today. Now, he’s built a portfolio by focusing on value-add opportunities, staying local, and using zoning regulations to his advantage. We go into detail on some of the biggest challenges and opportunities in real estate investing. Remoun shares how his first deal went horribly wrong, leading to foreclosure, and what he learned from that experience that allowed him to come back stronger. He explains his Buy Box strategy and why having clear investment criteria helps avoid costly mistakes. We also take a close look at how he turns small properties into highly profitable rental units through ADUs and zoning adjustments. If you’ve ever wondered how to legally and efficiently maximize the potential of a property, this part of the conversation will be invaluable. One of the most important topics we cover is why Remoun prefers long-term wealth-building over house flipping. He breaks down why flipping can feel like two steps forward and one step back, and how owning income-generating properties provides much greater financial stability. We also discuss the realities of rent control, how it affects property values, and what investors can do to work within those regulations while still making smart investment decisions. Throughout our discussion, he emphasizes the importance of treating real estate as a business, building strong relationships with local experts, and making informed decisions based on long-term potential rather than short-term gains. Toward the end of the episode, we shift gears with a rapid-fire Q&A where Remoun shares his biggest regrets, his goals for the future, and even what would make his Sundays perfect. It’s a great way to round out a conversation that is full of practical insights, real-world examples, and expert strategies. If you’re looking to invest in real estate but aren’t sure where to begin, or if you’re an experienced investor looking for new ways to improve your approach, this episode offers valuable guidance. Make sure to subscribe, leave a review, and check out the show notes for ways to connect with Remoun. Timestamps 00:00:00 Introduction 00:01:09 Remoun’s Background & Immigrant Journey 00:03:34 First Steps into Entrepreneurship 00:04:47 Advice for First-Time Real Estate Investors 00:05:58 A Costly First Investment Mistake 00:08:35 Turning a Setback into a Comeback 00:12:49 Understanding Property Inspections & Due Diligence 00:15:11 The Importance of a Buy Box 00:20:46 Adding Value with ADUs (Accessory Dwelling Units) 00:26:07 Zoning & Development Strategy 00:34:25 The Process of Converting a Single-Family Home to Four Units 00:40:05 Why Smaller Rental Units Are More Profitable 00:45:43 Exit Strategy & Valuation for Rental Properties 00:52:16 The Importance of Working with Local Experts 00:57:45 Navigating Bureaucracy & City Regulations 01:08:09 Why Remoun Prefers to Invest Alone 01:19:31 Property Management & Avoiding Tenant Issues 01:33:56 The Pros and Cons of Rent Control Properties 01:38:54 The Role of Real Estate in Wealth Creation 01:44:30 Why Flipping Houses Isn’t the Best Strategy 01:52:24 Lightning Round 01:54:42 Closing Thoughts & How to Connect with Remoun Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of Radical Wealth Plan, I’m sitting down with my good friend and longtime business partner, David Bailey. We’ve known each other for over 20 years, and in that time, I’ve watched David build an incredible real estate portfolio from the ground up. David’s journey is a fascinating one—he started in the corporate world, working alongside some of the biggest names in real estate, including his legendary mentor, Sam Freshman. But instead of staying in the comfort of a high-paying job, he made the bold move to strike out on his own. In this episode, we talk about what it really takes to leave a steady paycheck and start building wealth through real estate. We get into the lessons he learned from his family, the first properties he bought, and the tough decisions he had to make during market downturns. David also shares some of the biggest mistakes he made—like being too conservative—and what he would do differently if he could go back. And if you’re looking to get into real estate investing yourself, you’ll love hearing his strategies for finding the best deals, negotiating smart, and playing the long game. This conversation is packed with wisdom, personal stories, and real, actionable insights from someone who’s been in the trenches for decades. Whether you’re a seasoned investor or just getting started, you won’t want to miss this one! Timestamps 00:00:00 Introduction 00:03:30 Early Influences & Family Lessons in Business 00:06:50 Finding the Right Mentor & Early Career in Real Estate 00:12:00 Transitioning from Corporate to Independent Real Estate Investing 00:17:30 The First Big Real Estate Deal 00:23:00 Surviving Economic Downturns & Learning from Market Cycles 00:28:00 Key Investment Strategies & Mistakes 00:35:00 How to Find and Acquire Profitable Real Estate Deals 00:42:30 Real Estate vs. Other Investments 00:49:00 The Future of Los Angeles Real Estate & Market Trends 00:55:00 Mindset, Success, and Wealth-Building Lessons 01:17:00 Lightning Round Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. In today’s episode, I sit down with Kimberly Stepp, one of the most respected brokers in Los Angeles multifamily real estate. Kimberly shares how she went from acting in Hollywood to dominating one of the toughest, most competitive markets in the country. We dive into why B-class properties are the hidden gems in today’s environment, how pros evaluate deals differently than amateurs, and the strategies investors are using to turn even rent-controlled buildings into long-term wealth. If you want an insider’s perspective on where the real opportunities are right now, you won’t want to miss this conversation. Connect with Paul: https://www.instagram.com/paulmarkmorris/ Connect with Kimberly: https://www.instagram.com/kimberlystepp/ Timestamps: 00:00:00 Welcome to Radical Wealth Plan 00:01:27 Building a Successful Real Estate Career 00:03:09 Institutional vs. Non-Institutional Marketing 00:08:33 Opportunities in the Current Market 00:09:46 Challenges and Strategies in Real Estate 00:22:53 Investing in Prime and B Locations 00:26:11 High Returns in Various States 00:26:39 Three Rules for Real Estate Success 00:27:35 Building Relationships with Realtors 00:28:00 Importance of Management Companies 00:29:02 Evaluating Real Estate Deals 00:36:28 Mom and Pop vs. Pro Investors 00:50:01 Rapid Fire Questions Learn more about your ad choices. Visit megaphone.fm/adchoices

Wealth creation can be an elusive, complex, and multi-dimensional process, but the reality is that we can all find and fulfill our own personal vision of wealth while embracing freedom and living a fulfilling and purposeful life.  Welcome to Radical Wealth Plan, where New York Times Best-seller, prolific investor, award-winning entrepreneur, and thought leader, Paul Mark Morris distills the best strategies for building wealth through real estate and speaks with the brightest minds in the business and beyond to empower you to choose and create what you've always imagined–but may have seemed to be just out of reach. So whether you’re new to the game, an investment professional, or a real estate titan, join Paul Mark Morris to be entertained, educated, and inspired.  This is Radical Wealth Plan, presented by Entrepreneur. You can learn more about Paul on his website and you can follow him on Facebook, Instagram, Twitter, and LinkedIn Follow Us Twitter @Entrepreneur Facebook @Entrepreneur Instagram @entrepreneur TikTok @entrepreneur Presented by Entrepreneur www.Entrepreneur.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. In this episode, I sit down again with David Bailey, a seasoned investor who has built his portfolio through one core philosophy: never sell. David shares why the buy-and-hold strategy consistently outperforms quick flips, how cash flow creates stability no matter what the market does, and the lessons he’s learned from decades of steady “base hits” instead of chasing home runs. If you’ve ever wondered whether now is the right time to buy, or how to build wealth that lasts for generations, David’s insights will change how you look at real estate forever. Connect with Paul: https://www.instagram.com/paulmarkmorris/ Timestamps 00:00:00 Introduction and Welcome 00:01:11 David Bailey's Real Estate Journey 00:02:08 Evaluating Properties and Market Insights 00:06:15 Real Estate Strategies and Lessons 00:09:22 Financial Considerations and Market Trends 00:32:01 Understanding Equity Growth and Cash Flow 00:32:19 The 1% Rule in Real Estate 00:33:23 Real Estate Investment in Different Markets 00:36:36 The Importance of Repairs and Maintenance 00:40:49 Strategies for Acquiring Real Estate 01:04:10 Understanding Basis and Depreciation in Real Estate 01:04:46 Tax Benefits and Loopholes in Real Estate 01:06:55 Challenges and Strategies in Real Estate Underwriting 01:09:30 Rent Control and Property Management Insights 01:19:21 Tips for New Real Estate Investors Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. In this episode, I sit down with my good friend Chris Zaferes, a chiropractor who proved you don’t need to be a developer or Wall Street insider to build extraordinary wealth through real estate. Chris shares how a single $7,000 down payment in Venice Beach turned into hundreds of thousands in profit, and the lessons he learned about timing neighborhoods, spotting hidden value, and having the courage to take action when others sit on the sidelines. His story is proof that with the right mindset and strategy, anyone can create life-changing returns through smart real estate investing. Connect with Paul: https://www.instagram.com/paulmarkmorris/ Timestamps 00:00:00 Introduction 00:05:29 Early Real Estate Experience 00:10:36 First Property Purchase 00:15:00 Building and Renovation 00:19:47 Design Philosophy 00:24:47 Partnership Discussion 00:29:23 Investment Returns 00:34:36 Neighborhood Timing 00:39:00 Finding Inspiration 00:43:53 Property in Topanga 00:48:58 Renovation Strategies 00:53:35 Design Elements 00:58:30 Joshua Tree Investment 01:02:38 Building Wealth Through Real Estate 01:07:05 Rapid Fire Questions Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. In this episode, I’m joined by my good friend and business partner Josh Spitzen as we take on a series of listener questions about building wealth through real estate. Together, we unpack the buy-versus-rent debate, challenge the idea that timing the market is what matters most, and explore creative ways to invest even with limited capital. I share real strategies and hard-earned lessons on house hacking, value-add deals, and when it makes sense to hold or flip. If you want smarter answers to the questions every investor wrestles with, this episode will give you the clarity to move forward with confidence. Connect with Paul and Josh on Instagram! Paul: https://www.instagram.com/paulmarkmorris/ Josh: https://www.instagram.com/spitzenjosh/ Timestamps 00:00:00 Introduction & Welcome 00:01:22 Should You Buy or Rent? 00:09:18 Is Now a Good Time to Buy? 00:17:13 The 1% Rule in Real Estate 00:20:36 Investing with Limited Capital 00:26:13 Property Management: DIY vs Professional 00:27:41 Buy and Hold vs Flipping Strategy 00:34:49 Personal Investment Strategy & IRAs Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. In this episode, I’m joined by my good friend and business partner, Joey Sacavitch—co-founder of Forward One Real Estate—as he interviews me about one of the most profitable real estate moves I’ve ever made. I break down how I made a million dollars the day I bought my house—not years later when the market went up, but right at the closing table. I walk you through how to identify undervalued properties even in a red-hot market, and why the properties that scare most buyers away are often the ones with the most hidden value. I share the exact defects that helped me land the deal, how I fixed them without breaking the bank, and the mindset shift that separates smart investors from emotional ones. If you’ve ever wondered how to spot opportunity where others see problems, this episode will give you a clear, strategic lens for turning real estate challenges into serious equity. Connect with Paul: https://www.instagram.com/paulmarkmorris/ Connect with Joey: https://www.instagram.com/joeysnacks/ Timestamps 00:00:00 Intro 00:01:30 Instant Equity 00:04:00 Market Myths 00:06:30 House Perks 00:09:00 Brain Damage 00:12:00 Fixable vs Not 00:15:00 Defects Deep Dive 00:19:00 Inspection & Team 00:23:00 Repair Budget 00:27:00 Live-In Strategy 00:31:00 Systems Fixes 00:36:00 Deal Math 00:41:00 Scaling Down 00:46:00 Realtor Choice 00:52:00 Final Takeaways Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. In this episode, I sit down with developer and contractor Adam O’Neill to uncover the untapped opportunities hiding in plain sight for real estate investors—opportunities most people overlook because they fear the complexity of entitlements, zoning, and development approvals. Adam reveals how recent policy shifts in California have transformed the playing field, creating new “by-right” development paths that strip away many of the political and bureaucratic roadblocks that used to stall projects. We explore how to identify progressive cities with high housing demand, spot parcels with hidden potential, and use strategic relationships to turn local knowledge into extraordinary value. You’ll also hear how creativity, curiosity, and calculated risk can open doors to projects with outsized returns, even for those who aren’t seasoned developers. If you’ve ever wondered how to navigate high-barrier markets or turn regulatory changes into profitable advantages, this conversation will change how you think about growth in real estate. Connect with Paul: https://www.instagram.com/paulmarkmorris/ Connect with Adam: https://pacificaurbanbuilders.com/ Timestamps 00:00:00 Intro 00:01:54 Building trust in partnerships 00:03:26 Adam’s background in real estate development 00:05:37 Paul’s multifamily investment approach 00:08:08 Why investors fear entitlements 00:11:12 California’s zoning shift 00:15:05 “Brain damage” and barriers to entry 00:18:37 CEQA changes and NIMBY vs. YIMBY 00:20:34 ADUs and state housing policy 00:22:47 Applying California lessons nationally 00:24:15 Entitlements as a business model 00:25:27 Creative deal-making examples 00:33:36 Starting as an LAPD officer 00:36:27 Curiosity, tenacity, and focus 00:44:49 Largest projects and scaling up 00:52:28 Small lot subdivisions and density 01:15:14 Buy-right development strategies 01:23:28 Ordinance SB 1123 and other opportunities 01:28:07 Lightning Round Learn more about your ad choices. Visit megaphone.fm/adchoices