Choose from over 100+ episodes!
Which is better to own and manage: single-family homes or multi-family residential properties? In this entertaining episode, Sam and Lucas go toe-to-toe as they duke it out over the pros and cons of both, sharing knowledge and demystifying the real estate market as they do. They emphasize the importance of starting somewhere, and share the wisdom behind getting comfortable with the ownership and management process before attempting to scale up. They also look at how the rental market was affected by the pandemic, and they discuss why tenant turnover is expensive. It’s all here. The ‘feel estate’ market (Lucas’s new catchphrase) has never sounded so fun!
“I like multi-families because they are based on how much income we bring in. And we control the income by raising rent and being efficient with our expenses.” ~ Sam Primm
In this Episode:
- The main reason people don’t get started in real estate
- Catching a hot market with a single-family property
- The value of a dedicated maintenance team
- The low barrier for entry with single-family
- Finding tired landlords and other tips for getting a foot in the door
- How to scale a multi-family
- Go out and do it! Getting started with your property portfolio
Connect with Sam and Lucas:
- Website
- YouTube
- TikTok
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
Ready to build sustainable wealth and enjoy a life of freedom through Real Estate?
