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Neighborhood Take-Over: How to Buy 42 Houses at Once | EP. 30

Neighborhood Take-Over: How to Buy 42 Houses at Once | EP. 30

FromThe FasterFreedom Show: Change the Way You Think About Freedom


Neighborhood Take-Over: How to Buy 42 Houses at Once | EP. 30

FromThe FasterFreedom Show: Change the Way You Think About Freedom

ratings:
Length:
23 minutes
Released:
Oct 31, 2022
Format:
Podcast episode

Description

Many real estate investors focus on buying single-family homes one at a time, and there's nothing wrong with that. It all depends on your strategy. Sam and Lucas have done some pretty cool deals, like 42M in rentals, apartment complexes, storage deals, and tons of single-family homes. But if you want to accelerate your growth, purchasing piles of homes or whole neighborhoods is an excellent strategy. Are you interested to know how to do it?
In today's episode, Sam and Lucas discuss their favorite deal–buying 42 houses in a neighborhood of about 90 homes. So they own half of the neighborhood.
Listen up and find out how they found the deal, where they got the funds, and what they plan to do with these homes. 




“When I say we bought a neighborhood, that's not quite accurate, but we own half of the neighborhood, so it’s a pretty good number.”- Sam Primm  
“On any large purchase like this, the bank is going to want to get an appraisal to make sure they're in a good position when they lend the money.”- Lucas Walls 



In this Episode:
-How did Sam and Lucas find the deal?
-How do you finance a deal like this? 
-Let's look at the numbers and future plans for the neighborhood
-Random Thought of the Day: Halloween candy
And more!




Connect with Sam and Lucas:
-https://fasterfreedom.com/ ( Website)
-https://www.instagram.com/samfasterfreedom/ ( Instagram)
-https://www.facebook.com/SamFasterFreedom/ ( Facebook)
-https://www.linkedin.com/company/faster-freedom/ ( LinkedIn)
-https://www.youtube.com/channel/UCQ0PT_ukTeNVAr0XPiSX2Lw ( YouTube)
-https://www.tiktok.com/@samfasterfreedom ( TikTok)
Released:
Oct 31, 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.