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Sam and Lucas are coming in hot in 2023 with a reveal of the mistakes that they’ve made in the real estate game. A wise person learns from the mistakes of others, so tune in to learn from Sam and Lucas’s mistakes so that you don’t need to make them as you learn to ‘fix n flip’ and wholesale property and get your property game on.
Using AI software as bullet points to prompt conversation, Sam and Lucas have an engaging conversation about budgets, hiring the right people, and how best to educate yourself in property (hint: you can only learn so much from YouTube).
Dial in your property management strategy, turn those houses quickly, and learn from the mistakes of Sam and Lucas as they humbly share what has and has not worked for them over the years! Come and get it…
“Mistakes and failures are pretty similar, but they are necessary and they are on the path to success.” - Sam Primm
“Having the mindset that hey, I’m going to make mistakes, and don’t beat yourself up. And don’t give up because those mistakes happen.” - Lucas Walls
It’s the 50th episode of The FasterFreedom Show, and Sam and Lucas (or should we say Luca$h?) have got a crowd in the studio to celebrate — and to bear witness to Lucas’s rap that he promised if the show made it to episode 50.
And made it they sure have. Not content to rest on their laurels, The FasterFreedom Show is dispensing more wisdom with their ‘first 4 steps to invest in real estate’. If you’re looking to get into the property game, but just don’t know where to start, then this one’s for you.
Plus, you’ll get to hear Lucas honor his bet and rap like a real estate beast! You don’t wanna miss it!
“There is literally no excuse not to at least get a base level of knowledge. I’m not saying everybody has to be an expert before they invest, but there’s no reason why, in my opinion, if you want to start wholesaling before you do your first deal, you shouldn’t know the difference in assignment, and double close… and things like that you can find out super easily online.” - Sam Primm
“To look bankable is an important part of the BRRRRs strategy.” - Lucas Walls
One of the biggest challenges a real estate investor faces is financing the investment. As a general rule, you need a lot of money to buy an apartment or a house, much more an apartment complex. So, can you buy a property with no money down? The short answer is yes. However, there are some factors to consider. Buying huge apartment complexes can be challenging, but buying small apartments is not too bad, and it's a great way to scale.
In this episode, Sam and Lucas share a case study of how they bought a 12-unit apartment complex with no money. They walk you through how they found the deal and how they financed it. They also share the actual numbers so you can better understand how you can do the same thing. Let's find out how you can buy an apartment complex with no money in today's episode of The FasterFreedom Show.
“This little 12-unit, I feel like it's so manageable for so many people. It's more than single families, but it's not a 50-unit or even 30-unit you got to raise millions. It's so manageable, especially when people hear the numbers on this property.”- Sam Primm
“Every one of these buildings that we buy, the tenants love us. The only ones who don't like us are the ones who don't pay.”- Lucas Walls
As we approach 2023, you might be wondering if it's still a good idea to invest in real estate, especially during a recession. What is the best investment strategy? Which markets should you invest in? The housing and real estate markets typically suffer in a shifting market. However, if you're in a financial position to do so, purchasing a home during a recession is often a good move. Housing is one of the primary needs of people. Hence, rental properties are still a steady source of income for real estate investors. To help you decide, Sam and Lucas discuss their investment strategies, the filters they use when choosing their approach, and why some strategies work better than others. So tune in to this episode of The FasterFreedom Show to learn more about making wise investment decisions that can change your life in 2023.
“You can wholesale from a different country if you have a phone. So wholesaling is the simplest one as far as you can do it anywhere. You can do it in your backyard, or you can do it across an entire country.”- Sam Primm
“You probably don't have to look outside your backyard for a short-term rental if you want to get involved in that game.”- Lucas Walls
Ready to build sustainable wealth and enjoy a life of freedom through Real Estate?
