Curious to hear what your career could look like five to seven years down the line? In our latest episode, Paul Sparks shares his eye-opening real estate journey. From leaving his W2 sales job to starting a wholesaling business to raising capital for ten-million-dollar deals, Paul began his real estate career in 2017 and has seen incredible success. Join us as he shares the story of his first real estate deal and the early challenges and triumphs that shaped his career.
Throughout the episode, Paul shares the wisdom he gained through experience, such as debunking the idea that cash flow is king. Instead, he emphasizes considering appreciation and tax benefits when evaluating investment opportunities. Moreover, Paul reflects on his life-changing decision to leave his W2 sales job, the power of overcoming mental barriers, and the importance of embracing entrepreneurship to achieve financial independence.
If you’re interested in deal structuring and fundraising, tune in as we talk about practical strategies for raising private money and navigating partnerships in the real estate industry. From his soft offense approach for beginners to his step-by-step guide to securing investment capital, our guest today offers invaluable insights into the dynamics of deal-making and collaboration.
So, if you’re ready to discover your real estate success, this episode can help answer some of your burning questions and shed some light on your next steps. Paul’s journey is another story of how charting your path to success will pay off with determination, optimism, and adaptability.
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Watch the episode here
Listen to the podcast here
Podcast Highlights:
[5:40] Beginning of Paul’s Real Estate Career
[8:50] Unpacking His First Real Deal
[12:45] What Are Capital Gains?
[14:10] Why Cashflow Isn’t Everything
[20:10] On Leaving His W2 Sales Job
[25:30] How Overcoming Your Mental Barriers Will Change Everything
[32:41] Paul’s Soft Offense Approach for Beginners
[34:53] Why Pivoting One’s Career Should Be Okay
[40:18] On Shutting Down His Wholesale Business
[43:00] A Step-By-Step Approach to Raising Private Money
[47:00] What Goes First: The Deal or the Money?
[1:00:08] A Glimpse Inside Paul’s Exciting New Business Partnership
[1:02:23] What’s in Store for Paul’s Mastermind?
[1:05:28] Best Advice for Newbies in Real Estate
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Important Links
HOSTS
Craig Curelop
📸 Instagram: https://www.instagram.com/thefiguy
📘 Book: https://store.biggerpockets.com/products/the-house-hacking-strategy
🏘️ Buy Real Estate: https://bit.ly/3V3QDze
Chad Rocke
💼 LinkedIn: https://www.linkedin.com/in/chadrockerealtorinvestor/
📸 Instagram: https://www.instagram.com/da_rock_22/
🏘️ Work with Chad: https://www.thefiteam.com/team/chad-rocke/
GUEST
Paul Sparks
📸 Instagram: https://www.instagram.com/paulsparksofficial/
💻 Website: https://www.bunnyhillproperties.com/
🎧 Youtube: https://www.youtube.com/channel/UC_5xYIs7_cSgAaGkjH8ugyA
📞 Call with Paul: https://calendly.com/paulsparks
🌳 Linktree: https://linktr.ee/paulsparks
Check out the recommendations here:
🔗 Affiliate Link
- Don’t miss out on resources of great value for real estate starters. Visit FITeam’s website! — https://www.thefiteam.com/
