Radical Wealth Plan

• 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

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• 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

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• Flipping vs Holding: Which is Better In Today's Market?

  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

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• How I Made $1M the Day I Bought My House

  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

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• How Investors Are Cashing In on New Zoning Laws

  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

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