E208: Working on Today to Become the 8-Figure Person You Want to Become with Paul Tanso
Sometimes, getting to the next level means having to leave your W2 job. It doesn’t mean you should do it right now. Instead, how about you start thinking about what you should be doing on a daily basis to become the eight-figure person that you want to be? In today’s conversation, multifamily real estate investor Paul Tanso shares about why he left his W2 job and how he transformed himself to become the person is becoming. Initially, Paul invested all his 401k savings into stocks but once the stock market crashed, he went from $3 million on paper to $40,000 worth of 401k. It wasn’t until a few of his close friends convinced him to dive into real estate that he finally bought a condo unit he later sold and then bought his first four-unit in 2015. Since then, he has been buying one or two multi-family properties every year. Here are some power takeaways from today’s conversation: [01:12] Paul’s family background [02:58] Why he left his W2 job [05:55] Why he’s much busier now than when he had his W2 job [11:43] Creating daily habits to become the person you want to be [13:50] Lesson learned from losing everything when the stock market crashed [16:39] His introduction to multi-family real estate investing [19:12] A look into Paul’s multi-family real estate investing portfolio [21:09] Finding deals in the market [28:21] His experience in joining GoBundance [34:56] What Grant Cardone’s “paying for proximity” means [39:15] How he redesigned his investment portfolio [46:00] His diet and exercise routine [48:45] Paul’s happiness index [50:27] Giving back to the community Notable quotes from the Episode: “Recreate yourself to become the person that the eight-figure guy is.” “What are the things that you need to do on a daily basis to become the person that you think you want to be?” "It's really just a matter of putting one foot in the other. We just have to take the steps every day to get to that next level." Connecting with the Guest Email: [email protected] Facebook: @67properties Twitter: @67properties Connect with our growing community: Apply to GoBundance: https://www.gobundance.com/membership Instagram: https://www.instagram.com/gobundance/ Not a millionaire yet but want to be a part of our ecosystem? Check out EMERGE by GoBundance. Enroll Today! https://www.gobundance.com/emerge Interested in starting your own podcast or handing off your production to a qualified team? Email [email protected] to learn how we're making the world better, one mic at a time.