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Many people investing in real estate usually start with one or two single-family homes. Then, as they grow their portfolio, they look at other asset classes like multi-family homes or apartment complexes. There are several benefits to investing in multi-family properties, one of which is that it is a faster way to accelerate your wealth. It is also easier to structure and monitor your deals vs. buying multiple single properties.
In today's episode, Sam and Lucas discuss why they like investing in multi-family properties and how they structure their deals. They currently have over 120 doors, generating a steady cash flow from rent. The market value for those properties has also increased over time. Find out how you can do the same in this episode of Faster Freedom with Sam and Lucas.
“Everybody creates wealth by owning assets, and if you wanna accelerate that, you just buy more assets.”
- Sam Primm
“If you wanna go enjoy your life, like a lifestyle business—go sit on the beach, go travel the world—I feel like apartments is the way to go.”
- Lucas Walls
In this Episode:
-How to buy multi-family housing
-How to structure your deals
-How to build relationships with lenders
-Improving the properties to increase their value
-Let's look at some numbers
-Random Thought of the Day: Top 10 NBA draft
And more!
Connect with Sam and Lucas:
- Website
- YouTube
- TikTok
From the impact of personal relationships to the power dynamics at play, Sam and Lucas explore how understanding the psychological aspects of investing can lead to financial freedom and generational wealth.
Prime Corporate Services -
I have partnered with these guys and we will set up an LLC for you for FREE, no JOKE! (small state filing fees apply) These guys do LLC formations in any state, they also do tax services and pretty much anything you need. Schedule a FREE consult here: https://primepartner.info/fasterfreedom
Connect with Sam and Lucas:
- Website - https://fasterfreedom.com/
- Instagram - https://www.instagram.com/samfasterfreedom/
- Facebook - https://www.facebook.com/SamFasterFreedom/
- LinkedIn - https://www.linkedin.com/company/faster-freedom/
- YouTube - https://www.youtube.com/channel/UCQ0PT_ukTeNVAr0XPiSX2Lw
- TikTok - https://www.tiktok.com/@samfasterfreedom
In this episode, Sam Primm & Lucas Walls talk about how they have had success in building teams. They identify the most important traits of team members that are a good culture fit and how to set them up for success in their roles.
Prime Corporate Services -
I have partnered with these guys and we will set up an LLC for you for FREE, no JOKE! (small state filing fees apply) These guys do LLC formations in any state, they also do tax services and pretty much anything you need. Schedule a FREE consult here: https://primepartner.info/fasterfreedom
Connect with Sam and Lucas:
- Website - https://fasterfreedom.com/
- Instagram - https://www.instagram.com/samfasterfreedom/
- Facebook - https://www.facebook.com/SamFasterFreedom/
- LinkedIn - https://www.linkedin.com/company/faster-freedom/
- YouTube - https://www.youtube.com/channel/UCQ0PT_ukTeNVAr0XPiSX2Lw
- TikTok - https://www.tiktok.com/@samfasterfreedom
In this episode, hosts Sam & Lucas reflect on their journey of $0 to $45M. Phase 5 is about how they scaled their business and worked through challenges with finances and property management.
Prime Corporate Services -
I have partnered with these guys and we will set up an LLC for you for FREE, no JOKE! (small state filing fees apply) These guys do LLC formations in any state, they also do tax services and pretty much anything you need. Schedule a FREE consult here: https://primepartner.info/fasterfreedom
Connect with Sam and Lucas:
- Website - https://fasterfreedom.com/
- Instagram - https://www.instagram.com/samfasterfreedom/
- Facebook - https://www.facebook.com/SamFasterFreedom/
- LinkedIn - https://www.linkedin.com/company/faster-freedom/
- YouTube - https://www.youtube.com/channel/UCQ0PT_ukTeNVAr0XPiSX2Lw
- TikTok - https://www.tiktok.com/@samfasterfreedom