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Are you the type of person who likes to figure things out on your own, or are you someone who leverages other people's knowledge (OPK) to learn something new? If you want to be efficient and effective with your time, getting a mentor or a coach is the answer. People who have achieved what we want to achieve can definitely help us get there faster because they already know the way. There are many ways to access other people's knowledge nowadays, especially with YouTube, social media, and podcasts. So there's really no excuse. Even great guys like Tom Brady have mentors and coaches.
In today's episode, Sam brings in his mentor, Bryan Schroeder, the founder of FasterHouse. Bryan has been a real estate investor in the Saint Louis Metro area for over 15 years, and he is an excellent influence on Sam. Tune in to this conversation and learn more about the Power of OPK to accelerate your success.
“I feel like other people's knowledge is maybe the most powerful thing in the universe–even above the Infinity Stones.” - Sam Primm
“I guess I've done a bit of both, learning from people and figuring out on my own, but it's a lot easier to learn from other people.”- Bryan Schroeder
You've probably heard a bunch of stories about people who had to pivot and create a different life for themselves. Each one has a different kind of inspiration to share with those who are willing to listen and follow the same steps. Today, you'll hear how the power of real estate helped transform two people's lives.
In today's episode, Sam brought in power couple Dusty and Chelle Sanders of Foundry Properties LLC to share how they created a better life and built a thriving business they can pass on to their children. They both used to work in the healthcare industry, each going through individual life challenges until they decided to try real estate and earned more than enough to be able to quit their jobs and go all in on their business. Now they are buying and selling multiple properties while enjoying their new life. Tune in today for a dose of inspiration!
“Honestly, the passion with real estate started here in the Faster House environment five years ago, but I just kinda stumbled into it. As soon as we got the first taste, both of our passions just ignited like a wildfire.” - Dusty Sanders
“It's still a seller's market, but we're getting closer to what is a normal typical market.” - Chelle Sanders
Have you ever wanted to buy an investment house but didn't know what you would do with it? When buying real estate, it's important to have multiple exit strategies, so you don't get stuck with a property that does not generate cash flow. So if you're looking at a few deals, think about the multiple ways you can make money from them instead of having only one path or plan.
In today's episode, Sam and Lucas discuss five common exit strategies they use. Each strategy has its pros and cons. The most important thing to remember is to treat each house on a case-by-case basis and choose the best exit for that property. So tune in and learn what options you have. You'll be glad you did!
“When buying real estate, have multiple exit strategies in mind if possible.” - Sam Primm
“Each house has its individual uniqueness and everything about it, so picking that exit strategy, especially in this market, and getting that right, is more important than it has ever been.” - Lucas Walls
Not everyone has unlimited money to invest or even connections, especially at the start. In those situations, you have to be creative. There are different options to finance an investment using other people's money. In today's episode, Sam and Lucas will share five creative financing options, four of which they have personally used in many of their real estate deals. So if you're feeling adventurous, learn more about these options so you can grab the next profitable deal and be on your way to success.
“So many times, we bought a deal and didn't know what we were doing at first. We just figured it out as we went.” - Sam Primm
“Be as creative as possible. Get the best terms in your favor and be able to simply pitch that to your investor.” - Lucas Walls