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.

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