The FasterFreedom Show Podcast

What is your favorite sport, and what have you learned while playing? We grew up playing sports, and it has so many benefits. Aside from having fun, it taught us life lessons and business lessons. While losing in business has a lot more consequences than losing a high school basketball game, sports and business have much more in common than you can ever imagine. And in this episode, Sam and Lucas talk about six sports lessons they learned and how they relate to business. So let's dive in!‍

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“Losing in business has a lot more consequences than losing a high school basketball game.” - Sam Primm

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“Not everybody has to be a leader in the entire organization or entire team. But we all have leadership aspects in our lives.”- Lucas Walls

Hindsight is 20/20. People only realize how they could have made things better after the event. Some can't get past their decisions then, but others use the opportunity to learn and do better next time. In today's episode of The FasterFreedom Show, Sam and Lucas go through what they have done in their business and what they would have done differently. It's not like they have a ton of regrets. They have done great and built a great life, no doubt. But there are some things that, if they knew then, would have been better for both of them. So listen up and note what Sam and Lucas wish they knew, and maybe you can identify with some of these things. And then, you can look back at how things went in your life and your business and plan how you wish to proceed in 2023. ‍

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“I would tell you, the one thing is, real estate is a good investment if you do it the right way.” - Sam Primm ‍

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‍“In general, flipping houses, whether it's fix & flips or wholesaling, living off of that income and having that be your full-time job, I didn't know that was a true thing until 2017.”- Lucas Walls

As you start looking into purchasing and renting out your real estate property, you naturally think about a profitable return on your investment. However, many landlords realize too late that they're making a mistake that costs them the biggest expense and kills their profits. Don't make the same mistake.

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So what is the biggest expense you should avoid if you pursue being a landlord? Sam and Lucas answer you in today's episode of The FasterFreedom Show. Tune in to learn what turnover is, why it costs so much, why it's important to screen potential tenants diligently and how Sam and Lucas choose their tenants.  

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“There are more good tenants out there than good landlords out there by far.”- Sam Primm

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“The longer your average tenant stays in your property, the lower your turnover expense is gonna be.”- Lucas Walls

As you start investing in real estate, you will hear someone mention the BRRR (Buy, Rehab, Rent, Refinance) Method. It's a powerful wealth-building method that Sam used to become a multimillionaire. But Sam has added one more phase, which is SCALE. Hence it's now known as the BRRRS Method. So how exactly does this method work?

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In this episode, Sam goes solo and deep dives into the BRRRS (Buy, Rehab, Rent, Refinance, Scale) Method, which allowed him to build up 42 million dollars worth of real estate without using any of his own money. Let's find out how he did it in today's episode of The FasterFreedom Show.‍

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“The BRRRS Method has allowed me to literally create 42 million dollars of real estate without using any of my own money.”- Sam Primm