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From Ordinary to Extraordinary: Where it All Began | EP. 14

From Ordinary to Extraordinary: Where it All Began | EP. 14

FromThe FasterFreedom Show: Change the Way You Think About Freedom


From Ordinary to Extraordinary: Where it All Began | EP. 14

FromThe FasterFreedom Show: Change the Way You Think About Freedom

ratings:
Length:
24 minutes
Released:
Sep 5, 2022
Format:
Podcast episode

Description

How do ordinary guys get started on making extraordinary wealth? In this episode, Sam and Lucas share their property bromance origin story and take a trip down memory lane that involves a wife that puts her foot down and weekend drives to hunt down distressed properties. 
They’re here to entertain and educate as they learn to follow the BRRRRs strategy (Buy, Rehab, Rent, Refinance, Repeat) and pay back their first private lender in lickety-split time so that he goes in on their next deal with them too. And just like that, they’re up and running like ballers. You could be too if you give this episode a listen!
“Not every flip will make a good rental.”  -  Sam Primm


 
In this Episode:
- The benefits of starting an LLC (Limited Liability Company)
- Stay hungry: view 5 properties per week
- Buy it, rehab it, sell it – and use the profit as a down payment for your next property
- Make sure that every property you own is cash flow positive
- The value of equity (all property value increases over a ten-year period)
- How Sam and Lucas made $17K tax-free in 6 years, with $75K still in equity




Connect with Sam and Lucas:
-https://fasterfreedom.com/ ( Website)
-https://www.instagram.com/samfasterfreedom/ ( Instagram)
-https://www.facebook.com/SamFasterFreedom/ ( Facebook Group)
-https://www.linkedin.com/company/faster-freedom/ ( LinkedIn)
-https://www.youtube.com/channel/UCQ0PT_ukTeNVAr0XPiSX2Lw ( YouTube)
-https://www.tiktok.com/@samfasterfreedom ( TikTok)
Released:
Sep 5, 2022
Format:
Podcast episode

Titles in the series (100)

It’s time to take control of your future and secure monthly cash flow. Not talking about your annual raise or getting a bigger bonus check, either. We’re talking substantial wealth that can transform your life and the generations that come after you using the power of real estate investing. If you have been plugging away at the same job for years and feel like you should be way further along by now, making substantially more money, You are not alone. So many people regret not taking action sooner, so they stick with the dead-end job and nothing ever changes. But the good news is it’s not too late, and by listening to Ordinary Guys, Extra Ordinary Wealth you’ll already be well on your way to financial freedom. Ordinary Guys, Extra Ordinary Wealth is going to teach you the exact methods that have helped hundreds of people go from making their first investment with no experience, to multi-millionaires with incredible portfolios that generate monthly passive income… and the best part, they did this without using any of their own money. Your hosts, Sam Primm and Lucas Walls started investing in real estate on the side, just like you. These two took their venture from side hustle to full-time job, and now own $40 million in rentals and counting (without using any of their own money). That has blossomed into an umbrella of industry-related companies that enhance and support their ventures. And really, they’re just a couple of normal millennial guys from the midwest! If you’re ready to take control and learn real estate investments the simple way, join the passive wealth club, grow a multimillion dollar portfolio, and even have fun doing it, Ordinary Guys, Extra Ordinary Wealth is a must-listen podcast. Follow the show now so you don’t miss a single episode.