59 min listen
635: How an "Average Joe" Can Build a Multimillion Dollar Rental Portfolio
635: How an "Average Joe" Can Build a Multimillion Dollar Rental Portfolio
ratings:
Length:
75 minutes
Released:
Jul 14, 2022
Format:
Podcast episode
Description
Building a rental property empire isn’t easy. Whether you dream of owning five, ten, or two hundred rental units, there is a way to get there—you just need to know what it is. It took Sam Primm seven years to figure out the smartest way to invest in real estate, and now he’s here to share it with you! Sam, like many people, didn’t hate his nine-to-five job but knew that being on some else's schedule wasn’t bearable for the rest of his life.Sam partnered up flipping a few houses here, buying a few rental units there, and wholesaling for some extra cash. Three years into his real estate side business, Sam took the leap and went full-time into investing. Since then, he’s been able to buy over $20M in real estate, totaling his portfolio to a whopping $40M. This may seem unachievable to the average real estate investor, but Sam makes it clear that he isn’t special and is just a regular guy buying rentals.Through his real estate tenure, he’s been able to define exactly what the average investor needs to do to scale their real estate portfolio. His “SCALE” system isn’t complex, but it will help you double, triple, or quadruple the amount of real estate you own in a very short amount of time. Itching to go full-time into investing like Sam did? Tune into this episode, he’ll show you exactly how he did it.In This Episode We Cover:What to know BEFORE you quit your job to go full-time into real estate investingThe “SCALE” system that allows you to grow your real estate portfolio faster The best way to meet private money lenders, investing experts, and future partnersGetting your spouse on board the real estate investing trainWhy fear is the most important feeling for new real estate investorsUsing social media to grow your network so you can scale fasterAnd So Much More!Links from the ShowBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastGet Your Ticket for BPCon 2022Listen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your Area“On The Market” YouTube ChannelRob's BiggerPockets ProfileRob's YoutubeRob's InstagramRob's TikTokRob's TwitterHenry's InstagramHenry's BiggerPockets ProfileBook Mentioned in the ShowRich Dad Poor Dad by Robert KiyosakiTraction by Gino WickmanConnect with Sam:Sam's InstagramSam's YouTubeSam's BiggerPockets ProfileClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-635Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jul 14, 2022
Format:
Podcast episode
Titles in the series (100)
#3: Getting Started in Real Estate and Raising Money with Brian Burke: In today's show we talk with Brian Burke, a house flipper and real estate investor from Northern California with a fantastic story and fascinating business model. Two days ago, Brian wrote a wildly popular article on the BiggerPockets Blog titled,... by BiggerPockets Real Estate Podcast