Choose from over 100+ episodes!
Are you looking to make moves in the real estate market but have found it hard getting money from a bank? If so, private lenders are the solution for you. And chances are they’re already someone in your social circles. In this episode, Sam and Lucas break down what a private lender is, how to start talking real estate with people and turn them into private lenders – plus a whole bunch of industry tips that they’ve acquired over the years that have helped them make bank with OPM (Other People’s Money). The pros definitely outweigh the cons as these two pros show us how it’s done the smart way.
“Private lenders are individuals (or husband and wife types), usually in your circle, who are looking to diversify some of their investments and get a solid, safe return on real estate. And/or individuals who are interested in investing in real estate but don’t want to go through all the hard work, and just want a piece of it.” ~ Lucas Walls
In this Episode:
- What is a private lender? (Not a rich uncle)
- How to find a private lender
- How to pitch to a potential lender (have fun with the client AND take it seriously)
- Outlining the amount they can expect as a return on their investment
- The Pros and Cons of private lending versus going to a bank
- Plus: Deal of the Week and Rant of the Week (how hard it is to buy Air Jordans)
Connect with Sam and Lucas:
- Website
- YouTube
- TikTok
Do you have the contacts to connect a willing buyer and a willing seller – but not the capital to fix up a property? Is wholesaling something you thought you just did at the store? Are you ready for Sam and Lucas to enlighten you on a game-changing way to get into the real estate market with a network and no cash?
Welcome to the wonderful world of wholesaling, where you contract a property with a seller and then find an interested buyer. Ordinary Guys with Extraordinary Wealth share their know-how and early success stories on wholesale deals, proving that anyone with an appetite and a Facebook account can make a wholesale deal. Let’s go Driving For Dollars as we hunt down distressed properties and discover what’s out there…
“Nothing is more American than football and wholesaling”. ~ Lucas Walls
In this Episode:
- How to wholesale without funding the deal
- Wholesaling law in different states
- Assessing the risk of the buyer not arriving on sale day
- How to focus on finding the right property
- What to do if you don’t have an end buyer waiting in the wings
- What to look out for when driving around looking for distressed properties
- Sam’s first wholesale deal (how he made $20K in 20 minutes)
Connect with Sam and Lucas:
- Website
- YouTube
- TikTok
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:
- Website
- YouTube
- TikTok
Did you know that most millionaires have three or more income streams? If you have been relying solely on your day job to earn money, have you thought about what will happen if that job goes away? In today's episode, Sam and Lucas discuss why you must strive to create multiple income streams. Of course, you can start with just one, but don't end there. You'll be surprised at how many they have.
Having multiple income streams gives you security and allows you to diversify and take risks. It also gives you the ability to help other people. Now, who wouldn't want to do those things? So tune in to this episode to get ideas on the different income streams you can try.
“Just having multiple streams of income is extremely powerful.” - Sam Primm
“The majority of our streams of income are within real estate, and there are so many ways to diversify with real estate. That's why I think it's super cool.” - Lucas Walls
In this Episode:
-The benefits of having multiple streams, one of which is the ability to take risks
-Sam and Lucas have built numerous income streams over the years, and they share what some of those are
-How to manage multiple income streams, so you have time to do what matters most
-The best way to respond to people who hate your success and find fault in what you're doing
-Treating people with love and respect–the same way Sam and Lucas treat their tenants and other people they encounter–brings enormous good.
-Don't just keep the money for yourself. Since they started, Sam and Lucas have raised over $250k for their nonprofit. Follow Greater Giving STL on IG to find out how you can help.
-Behind-the-scenes on the latest Deal of the Week
And more!
Connect with Sam and Lucas:
- Website
- YouTube
- TikTok
Ready to build sustainable wealth and enjoy a life of freedom through Real Estate?
