Neighborhood Take-Over: How to Buy 42 Houses at Once | EP. 30
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:
- Website
- YouTube
- TikTok
Resources
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Connect with Sam and Lucas:
• Instagram
• Facebook
• LinkedIn
• TikTok
WHAT’s IN THIS EPISODE?
Meet the Founder of FasterFreedom
I founded FasterFreedom to teach people just like me to take ownership of their freedom. There is a reason why real estate creates 90% of millionaires in this country.
It's an incredible vehicle for leverage, cash flow, appreciation and the sheer practicality of it… Everyone (and I mean everyone) has the opportunity to benefit from Real Estate.
Real Estate can be overwhelming at times which is part of the reason why we don’t see more people taking advantage of the incredible wealth creating opportunities it provides.
I launched FasterFreedom to do just that… we provide the foundation and grooved path for individuals wanting to achieve freedom and financial independence through Real Estate Investing.
I pride myself in practicing what I preach, meaning all of my lessons and tips are constantly updated and based on the real investing that I do right now- so you only learn what works and not through theory or outdated practices!
Over $200 million owned by students and coaches!
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Why be a guest on the podcast?
If you’re an experienced real estate mind who’s looking to further gain exposure and share your experience with the world, we’d love to have you on! We’ll collaborate on industry trends and topics you want to discuss and you’ll also get to link your social handles and any websites or pages you want to mention. If you’re interested, fill out the form above and our team will respond within 24 hours.
About our audience
The FasterFreedom Show podcast is an independent podcast that has gained over 350 5-star reviews. Our viewers are normally middle aged Americans that are looking for something more and see Real Estate Investing as a way to have more time, freedom and happiness. Special guests on the podcast usually see an increase in sales for their programs as well as the publicity on the podcast itself.
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