Radical Wealth Plan

Entrepreneur Media
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Wealth creation can be an elusive, complex, and multi-dimensional process. Radical Wealth Plan, hosted by Paul Morris, makes building wealth in real estate accessible to everyone, of all walks of life, shattering perceived barriers and ceilings. He adamantly believes “we can show everyone how to do it,” though he concedes, not everyone will. How do we find and fulfill our own personal vision of wealth while embracing freedom and living a fulfilling and purposeful life? In Radical Wealth Plan, New York Times Best-seller, prolific investor, award-winning entrepreneur, and thought leader, Paul Morris distills the best strategies for building wealth through real estate. In subsequent episodes, Paul interviews the brightest minds in real estate and beyond to empower you to choose and create what you've always imagined–but may have seemed to be just out of your reach. So whether you’re new to the game, an investment professional, or a real estate titan, join us to be entertained, educated, and inspired. This is Radical Wealth Plan presented by Entrepreneur.

  1. 2 DAYS AGO

    How She Turned a Foreclosure Into a Cash-Flowing Vacation Rental

    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

    1h 17m

  2. 5 DAYS AGO

    How Buying a Failing Business Turned Into a Short-Term Rental Empire

    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

    59 min

  3. 5 DAYS AGO

    Why Losing 30k Was the Best Thing That Happened to This Investor

    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

    2 hr

  4. 5 DAYS AGO

    Why He Left a Six-Figure Job to Bet on Himself in Real Estate

    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

    1h 25m

  5. 22 SEPT

    Turning Rent Control Into Profit

    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

    52 min

  6. SEASON 1 TRAILER

    Join The Real Estate Revolution!

    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

    1 min

  7. 16 SEPT

    Why He Never Sells: The Buy-and-Hold Formula That Works

    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

    1h 35m

  8. 8 SEPT

    The $7K Venice Beach Deal That Made This Chiropractor a Millionaire

    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

    1h 12m
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About

Wealth creation can be an elusive, complex, and multi-dimensional process. Radical Wealth Plan, hosted by Paul Morris, makes building wealth in real estate accessible to everyone, of all walks of life, shattering perceived barriers and ceilings. He adamantly believes “we can show everyone how to do it,” though he concedes, not everyone will. How do we find and fulfill our own personal vision of wealth while embracing freedom and living a fulfilling and purposeful life? In Radical Wealth Plan, New York Times Best-seller, prolific investor, award-winning entrepreneur, and thought leader, Paul Morris distills the best strategies for building wealth through real estate. In subsequent episodes, Paul interviews the brightest minds in real estate and beyond to empower you to choose and create what you've always imagined–but may have seemed to be just out of your reach. So whether you’re new to the game, an investment professional, or a real estate titan, join us to be entertained, educated, and inspired. This is Radical Wealth Plan presented by Entrepreneur.

Information

  • Creator
    Entrepreneur Media
  • Years Active
    2023 - 2025
  • Episodes
    25
  • Rating
    Clean
  • Copyright
    © Entrepreneur Media
  • Show Website
    Radical Wealth Plan

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