7 - From $5K and Bandit Signs to 8,000+ Deals with David Olds
Episode Description In this episode, Paul Thompson sits down with David Olds, co-founder of EZ REI Closings, the nation’s largest transaction coordination company. David shares his raw journey from hitting rock bottom during the 2009 crash and moving to Chattanooga with just $5,000, two kids, and three dogs to building a powerhouse business that has helped investors close over 8,000 deals. If you’ve ever wondered how to start over from scratch—or how to scale your investing business without burning out—this conversation is packed with hard-earned wisdom you don’t want to miss. Key Takeaways Starting from zero isn’t failure — it’s proof you can rebuild faster the second time Hustle beats hesitation — even bandit signs can launch an empire. The best deals aren’t found, they’re created — think sub-to, lease options, novations. Half of all deals die at closing — unless you have the right systems in place. Real growth comes when you stop doing it all yourself and focus on what actually drives profit. Mindset without action is just daydreaming — the winners execute, especially in tough markets. Join the Closer's Club: https://ezreiclosings.com/realestate101 Join Our Free Skool Community: https://www.skool.com/commercial-real-estate-101/about
Meet Peter and Paul, the brains behind Real Estate 101. A former mechanic, Peter is the co-author of Commercial Real Estate Investing For Dummies and is now considered a premier expert in the country on helping every day achieve their commercial real estate dreams. Paul left his corporate director gig ten years ago to invest in real estate full-time and has never looked back. It did not take him long to realize that he could make a huge impact as a mentor and he has spent the last few years spreading the word near and far about the power of commercial real estate.
Together, they specialize in empowering and inspiring ordinary people by teaching the core strategies of commercial real estate. They have seen countless people from all over the globe transform their lives and achieve financial freedom through commercial real estate. These success stories are the core of Real Estate 101’s mission and Peter and Paul want to share their stories with the world. Their message is simple yet powerful: We teach the fundamentals because that is all you need.