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Paul Mark Morris

๐Ÿ‘ค Speaker
368 total appearances

Appearances Over Time

Podcast Appearances

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

Whatever you want to do.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

Okay.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

It is and it isn't.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

I use an investor mindset when I buy my own house.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

I had a podcast on how I made a million dollars the day I closed on my own house.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

Well, so one of the myths is that in order to get a steal or a great deal, it's got to be off market.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

You've got to steal it from somebody.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

You've got to whatever.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

people are always looking for them.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

They're like, oh, if it's on the market.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

So I'll just give you the example of my house.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

My house is at, it is at a luxury price point and it was a poorly done flip.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

what it meant in real terms for this house.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

And I'll just go ahead and tell you the numbers.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

The house was listed at 4.75 million.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

It was at the top of the market.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

This is when anything that was like halfway decent was in multiple offers.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

4.75 million was already low for this.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

That's why they priced it that way.

Money Rehab with Nicole Lapin
Settling the Rent Vs Buy Debate and 3 Rules of Investing in Real Estate with Paul Mark Morris

And it just sat there.