In this episode of From Adversity to Abundance, host Jamie Bateman sits down with Stephen Predmore, a long-time engineer who discovered firsthand how fragile job security can be—and how real estate investing can provide true financial stability.

After decades in a W-2 role, Stephen described himself as “fat, dumb, and happy,” comfortable in his career until an unexpected financial blow upended everything he thought was secure. In an instant, his primary income source dried up, forcing him to rethink his entire approach to wealth and security.

Instead of retreating, Stephen took action. He began building multiple streams of income through single-family and multifamily real estate investments—first as an active investor, and later by helping others invest passively. Today, he focuses on empowering fellow engineers and professionals to diversify their income and invest with confidence.

This episode is deeply relatable and practical, showing how adversity can serve as the wake-up call that pushes us toward abundance. Stephen’s journey highlights how anyone—no matter their background—can take control of their financial future with the right mindset and plan.

Guest Introduction: Stephen Predmore

Stephen Predmore is a veteran engineer turned real estate investor who helps professionals, particularly engineers, transition from relying solely on W-2 income to building wealth through real estate. Having experienced sudden job loss himself, Stephen now invests in both single-family and multifamily assets and mentors others on creating passive income streams.

Episode Highlights

The Wake-Up Call – How Stephen’s sense of financial security vanished overnight and forced him to take control.
From Active to Passive Investing – Why Stephen shifted from hands-on property management to multifamily syndications.
Diversifying Income Streams – How he built stability by creating multiple sources of income.
Helping Other Engineers Invest – Stephen’s mission to guide fellow professionals toward financial independence.
Mindset Shift After Adversity – The lessons that transformed how he views money, risk, and opportunity.

Key Takeaways

Job security can be an illusion—diversification is essential for true financial freedom.
Real estate investing offers practical ways to build stability outside your W-2 job.
Adversity can be the turning point that fuels growth and clarity.
Helping others invest can multiply your own sense of purpose and abundance.

Learn More about Stephen Predmore:

Website:

http://www.TalbottInvestments.com

Instagram:

http://instagram.com/stephenpredmore

Facebook:

http://facebook.com/stephen.predmore.7

LinkedIn:

http://linkedin.com/in/stephen-predmore

Learn More about Labrador Lending:

Integrity Income Fund:

https://labradorlending.com/investors/passive-investors/

The Wake-Up Call That Changed Everything: Stephen Predmore on Gaining Stability, Clarity, and True Wealth