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.
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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.
Why Losing 30k Was the Best Thing That Happened to This Investor
Radical Wealth Plan
2 hours
1 week 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
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Radical Wealth Plan
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.
