In this episode of Zen and the Art of Real Estate Investing, Jonathan sits down with Paul Moore, founder and managing partner at Wellings Capital, to discuss strategies for building a recession-resistant real estate portfolio. Paul shares his journey from speculative investing to adopting a disciplined, value-based approach inspired by Warren Buffett and Charlie Munger.
They delve into the importance of saying “no” to most deals, the value of thorough due diligence, and the benefits of investing in asset classes like self-storage and mobile home parks. Paul emphasizes the significance of partnering with experienced operators and maintaining a conservative investment strategy to ensure long-term success.
The conversation also touches on Wellings Capital’s commitment to social impact, including their efforts to combat human trafficking through philanthropic initiatives. Paul explains how aligning investments with personal values can lead to both financial returns and meaningful change.
Here are some important takeaways from the episode:
- Discipline in deal selection is crucial. Saying “no” often leads to better opportunities.
- Asset classes like self-storage and mobile home parks offer stability and recession resistance.
- Thorough due diligence and partnering with experienced operators are essential for success.
- Aligning investments with personal values can create both financial and social returns.
Aligning values with investments isn’t just possible. It’s a powerful strategy for creating long-term impact and resilience.
If you want to learn more about Zen and the Art of Real Estate Investing Podcast, check out https://zenandtheartofrealestateinvesting.com/podcast/240/.