Unlocking the Power of Real Estate: The BRRRS Method | EP. 23
The FasterFreedom Show: Change the Way You Think About Freedom - Podcast autorstwa Sam Primm and Lucas Walls
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Most rich people would agree that real estate is one of the best ways to build wealth. But some people are stuck in that old belief that you need to have a massive amount of money to invest in real estate. However, there are several ways to start investing in properties without writing your own check. You just need an open mind and learn from people who made a fortune buying and selling properties, just like Sam and Lucas. In today's episode, they will discuss the method that changed their lives. Sam and Lucas would even argue that this method is more powerful than any other investment strategy out there. So, listen up and discover how you can start investing in real estate using the power of the BRRRS method. “Go where the opportunity lies, not where it hides.”- Sam Primm “With this BRRRS Method, we are able to have access to that type of wealth without having any upfront money.”- Lucas Walls In this Episode:-Buy - The first part of the BRRRS Method; the key here is to buy distressed properties using other people's money-Rehab - Why and how do you fix up the property?-Rent - Turn your property into a cash-producing asset -Refinance - Why do you need to refinance, and where do you go to get that financing?-Scale - Learn from your mistakes, make your process sustainable, and continue growing your portfolio and your wealth -Random Thought of the Day: 90% of millionaires built their fortune from real estate, so why experiment with other investment opportunities?And more!Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok