The FasterFreedom Show: Change the Way You Think About Freedom

Is the real estate market crashing? As more signs show that the housing market is slowing down in 2022, many people wonder where the situation will eventually lead and if buying properties is still a good idea. In today's episode, Sam and Lucas share their insights on the state of the housing market, the three main types of real estate investment, and the strategies that work during a softer market. These two guys have made numerous investments and good returns over the years, so their strategies and tips would definitely benefit you if you take note. Enjoy listening and learning how to invest during a recession! “A recession can provide a unique opportunity to accelerate your wealth.” -Sam Primm “Better deals are out there now than there were three months ago, six months ago, no doubt.” - Lucas WallsIn this Episode:-Real Estate Market insights from Sam and Lucas-Is wholesaling a good strategy? What are the things you have to consider?-Tips to make good money on fix and flip and why doing cosmetic rehab is important-The challenges and benefits that come with investing in rentals -Interesting details on the latest Deal O’ The Week: TSS (storage facility)And more!Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok

Every business owner is looking for ways to grow their business. They look forward to that day when they can 2x, 3x, or even 10x their portfolio. But scaling is not that easy. However, you can see what other businesses have done and replicate the same process. Sam and Lucas are here today to talk about SCALE-ing. Sam was on The BiggerPockets Podcast a few months ago, where he talked about building a multimillion-dollar real estate portfolio, and he will be sharing the same process today. While Sam and Lucas focus mainly on real estate, the things they discuss today can also apply to other industries. So listen up as they share the five major things you need to SCALE. This is the most impactful up-to-date information about scaling, so make sure you don't miss it!“The whole goal of scaling is to become efficient, so you can do it quicker, so you can do more of it.” - Sam Primm “I personally never want to have money be the reason I can't take out a deal.” - Lucas WallsIn this Episode:-Systems - What systems do you need, and how do you build them?-Coaching - Discover the power of leaning on other people to sharpen your skills and accelerate your success-Action - This is the step where most people get stuck. How do you get unstuck?-Lead Flow - In real estate, it's usually a numbers game. How many leads do you need to have at any given time?-Extra Funding - What is your threshold, and where do you get additional capital to fund your deals?And more!Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok

Real estate is one of the most profitable industries in the world because everyone needs a place to live. So investing in real estate is a great way to build wealth. But how do you start building your real estate business? In this episode, Sam and Lucas discuss the first and most important step. Then they share their favorite free lead sources. Once you understand how to use these lead sources, you'll be on your way to finding profitable properties. So don't miss out on this value-packed episode. “The best way to start out investing in real estate, especially if you don't use your own money, is to find a distressed property.” -  Sam Primm “If you don't find a quality house for a good enough deal, none of the rest matters.” - Lucas Walls In this Episode:-Free vs. Paid lead sources–why pay when you can get leads for free?-3 Simple ways to find FREE leads-A few inexpensive ways to find leads-Behind-the-scenes on the latest Deal of the Week And more!Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok

Did you know that most millionaires have three or more income streams? If you have been relying solely on your day job to earn money, have you thought about what will happen if that job goes away? In today's episode, Sam and Lucas discuss why you must strive to create multiple income streams. Of course, you can start with just one, but don't end there. You'll be surprised at how many they have. Having multiple income streams gives you security and allows you to diversify and take risks. It also gives you the ability to help other people. Now, who wouldn't want to do those things? So tune in to this episode to get ideas on the different income streams you can try. “Just having multiple streams of income is extremely powerful.” -  Sam Primm “The majority of our streams of income are within real estate, and there are so many ways to diversify with real estate. That's why I think it's super cool.” - Lucas Walls In this Episode: -The benefits of having multiple streams, one of which is the ability to take risks-Sam and Lucas have built numerous income streams over the years, and they share what some of those are -How to manage multiple income streams, so you have time to do what matters most-The best way to respond to people who hate your success and find fault in what you're doing-Treating people with love and respect–the same way Sam and Lucas treat their tenants and other people they encounter–brings enormous good. -Don't just keep the money for yourself. Since they started, Sam and Lucas have raised over $250k for their nonprofit. Follow Greater Giving STL on IG to find out how you can help.-Behind-the-scenes on the latest Deal of the Week  And more!Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- 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 equityConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- 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- Instagram- Facebook- LinkedIn- 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 WallsIn 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- Instagram- Facebook- LinkedIn- YouTube- TikTok

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 portfolioConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok

What is the difference between good debt and bad debt? Good debt can increase your net worth, whereas bad debt involves borrowing money to purchase rapidly depreciating assets. So what would buying a house qualify as? Join Sam and Lucas as they explore the differences, pros, and cons, of good debt versus bad debt – showing you how to use debt and leverage to acquire assets in a fun, engaging way. Borrowing money is the way to go, and these two ordinary guys will reveal their extraordinary secrets for creating wealth through equity by getting into ‘good’ debt. The debt is good, the vibes are good, the couches are new, and the bromance is strong as solid financial advice flows between these two astute business partners. We’re giving away 2, all-inclusive sets of tickets for a full day and night with us worth $10-20,000! Get the chance to fly from anywhere in the country to our office in St. Louis and spend the entire day with us, plus a little dinner on the side, before we fly you back the next day. Enter to win here.“Becoming financially literate is a super important part of living a stress-free life and setting your family up for years to come.” ~ Lucas WallsIn this Episode:- Why people who have good relationships with banks are the most financially well off- Examples of good versus bad debt – and how to tell the difference- How to control an asset with only a 20% down payment- Evaluating your credit card debt:  earning points while not letting the interest owed accrue- Borrow money to buy something that produces cash and goes up in value- When ‘the juice is worth the squeeze’ – taking a risk outside of your ‘buy box’  - Sam rants about Dave Ramsey’s fanbase (be warned!)Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok

If you want to accelerate your wealth-building journey, get into debt. That’s as straightforward and as factual as it gets. If we waited till we saved enough capital before flipping our first rental unit, we wouldn’t be $40 million richer in assets owned in the span of 5 years. This is what we’re rallying here in this podcast, the road to faster freedom. The OPM strategy we’re going to talk about today is not one of your get-rich-quick schemes. It’s a proven and tested strategy to build generational wealth, without putting out any of your own money!We’re giving away 2, all-inclusive sets of tickets for a full day and night with us worth $10-20,000! Get the chance to fly from anywhere in the country to our office in St. Louis and spend the entire day with us, plus a little dinner on the side, before we fly you back the next day. Enter to win here. “A debt-free journey is not a way to create wealth, it's just a way to be debt-free. The only way you can do it unless you came from money, is to get into debt.” -Sam PrimmIn this Episode:- Understand the context of OPM and why it’s FTW in wealth-building- Here are the reasons why you need other people’s money - Explore our favorite sources of OPM and where to find them- Being debt-free doesn’t make you rich, but, it can give you this…- We’re ranting about tiny houses this week. Here’s why…Resources Mentioned:- Dave Ramsey- Grant Cardone- Freedom CapitalConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok

What do you do when you take over managing a 32-unity property where the landlord collects rent with a gun behind his back? Join Sam and Lucas as they recount the wild story of how they were able to eventually own a derelict building with knife marks in the drywalls and water bubbles in the ceiling. First, they fixed it, then they bought it, then they re-financed it – and now they’re sitting with a multi-family accommodation asset that sits at well above market value. Learn to do the right thing as a landlord, and you can secure your long-term financial security too!We’re giving away 2, all-inclusive sets of tickets for a full day and night with us worth $10-20,000! Get the chance to fly from anywhere in the country to our office in St. Louis and spend the entire day with us, plus a little dinner on the side, before we fly you back the next day. Enter to win here“If you are in real estate, or you want to get into real estate, you have a choice. You can either be a slum landlord or a good landlord. If you do the right thing you can have pride in ownership – and you’re going to make more money. If you get better tenants in and take better care of your property, you’re going to make more money in the long run because tenants aren’t going to move out.” ~ Sam PrimmIn this Episode:- Why Lucas calls real estate “feel estate” - Why getting creative with utilizing private lenders is sometimes your only option- The blow-by-blow account of how to turn a slumlord situation into creating community in a multi-family building- Why offering your tenants a bit of a deal (5%-10% discount on rent compared to similar areas) makes smart business sense- How multi-family investing can set you up in the long run for financial stabilityConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok

Every business can be run 100 different ways, but one of those ways will be the most successful. Your business may be doing well, but is it doing its best? In this episode, we go through each of our businesses and how we run each of them uniquely to cater to the specific niche. Owning a business is not just opening the doors and selling your product or service; there are so many moving parts behind the scenes that are not seen by the general public. If you're thinking about opening a small business or if yours is not as successful as you’d hoped, this episode is for you.We’re giving away 2, all-inclusive sets of tickets for a full day and night with us worth $10-20,000! Get the chance to fly from anywhere in the country to our office in St. Louis and spend the entire day with us, plus a little dinner on the side, before we fly you back the next day. Enter to win hereIn this Episode:- How we flow one property through all our businesses- This is how we structure each of our businesses - One thing all of our businesses have in common- Our newest business venture is outside of our comfort zone—here’s our plan to succeed- We are implementing new segments for our show: Deal of the Week, Lucas’ Rant, and Sam’s RantResources Mentioned:- FasterHouse - FasterFreedom- FasterFunds - Midwest Property Group - Greater GivingConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok

You've probably heard people say that you should not mix family with business. It's because working with friends and family can be risky. But there's also a risk when hiring somebody you don't know. So the question is, how much risk are you willing to take? And when things don't go well with that friend you hired, how do you terminate the business partnership and still be friends?In today's episode, Sam and Lucas share what they've done, how they have partnered with some of their closest friends and family, and the results. After hearing their story, you can decide if it's the right thing to do. We’re giving away 2, all-inclusive sets of tickets for a full day and night with us worth $10-20,000! Get the chance to fly from anywhere in the country to our office in St. Louis and spend the entire day with us, plus a little dinner on the side, before we fly you back the next day. Enter to win here.“We're buddies doing business together, and we think you should do business with your friends as well; if you have the right culture and expectations, it's a home run.”- Sam PrimmIn this Episode:- Setting proper expectations when working with friends and family - Getting the right person in the right seat- The challenges of working with friends and family- Partner deals that Sam and Lucas have engaged in with their closest friends and family membersResources:- Rental Webinar MasterclassConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok

Quitting a regular job can be difficult for most people. In fact, some choose to stay even when they’re no longer happy or fulfilled, and it’s taking a toll on their mental health. The reason for that is simple: financial security. If you’re dreaming of leaving your job in the near future, this episode will give you the framework to follow so you can transition with ease within the next five years. Learn how to leverage your active income to build a passive income that will guarantee your generational wealth.We’re giving away 2, all-inclusive sets of tickets for a full day and night with us worth $10-20,000! Get the chance to fly from anywhere in the country to our office in St. Louis and spend the entire day with us, plus a little dinner on the side, before we fly you back the next day. Enter to win here. “If you want to be your own boss, you got to have a plan and take steps to go do it and not just wing it.” - Sam PrimmIn this Episode:- Before you quit your job, here’s what you gotta figure out, first.- Learn the fastest method to replace your W-2 job.- Want to create an active income while building your passive income? Here’s how to do it in real estate.- Why building great relationships always come first when building your real estate portfolio.- Realize the true power of equity and what building a team looks like for someone who’s not a fan of managing a team.Resources Mentioned:The BRRRR Method Of Real Estate Investment Youtube Video or listen in Spotify.Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok

When investing in a property, you naturally expect to make a profit. But what if you mess up and lose money instead? In this episode, Sam and Lucas share the three worst deals that almost made them quit! Good thing they didn't. And now they're here to warn others about those mistakes and how to avoid them. They also talk about the lessons they learned in the process and how embracing failure can help you succeed. We’re giving away 2, all-inclusive sets of tickets for a full day and night with us worth $10-20,000! Get the chance to fly from anywhere in the country to our office in St. Louis and spend the entire day with us, plus a little dinner on the side, before we fly you back the next day. Enter to win here. “Failure is a prerequisite to success.” - Sam PrimmIn this Episode:- How Sam and Lucas lost $30k on a project (and why should always consider the layout and functionality of the house).- Spending too much on a rehab project without considering the market valuation in the neighborhood.- A property staging that didn't go well.- Why creating value in a tenant-occupied property is very challenging and not ideal for a BRRRR strategy?Resources:- Rental Webinar MasterclassConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok

So much to do, so little time! Well, apparently not. You can have as much time as you need if you learn to maximize these 3 things: leverage, systems, and outsourcing. These guys found massive success in real estate investment with currently a $25 Million-Dollar portfolio to brag. It's their mission to educate and inspire people like you to buy back your time so you can focus on the things that matter, and scale your business faster. Tune in to discover the secret of self-made centi-millionaires and how you can be a part of their statistics. We’re giving away 2, all-inclusive sets of tickets for a full day and night with us worth $10-20,000! Get the chance to fly from anywhere in the country to our office in St. Louis and spend the entire day with us, plus a little dinner on the side, before we fly you back the next day. Enter to win here. “Time can be bought BUT you have to get over your ego and lean into other people.”-Sam PrimmIn this Episode:- You can buy your time using these 3 things, and get rich 10x faster- Tools are not the only things you can leverage. Here are three more…- Learn how assembling a bike with and without a manual is similar to a rehab project or building your real estate portfolio- Understand the logic behind paying someone to buy you more time and why it’s worth twice the investment, or more- Start thinking like a business owner. Here’s how…Resources Mentioned:The BRRRR Method Of Real Estate Investment Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok

What are your goals for the next year? How about in five years or ten years? How do you plan to achieve your goals? In this episode, Sam and Lucas discuss their long-term goal, which involves bringing an NBA Team to St. Louis. And if that's not enough, they also plan to have a private jet so they can easily travel anywhere. So if you want to know how Sam and Lucas set their goals, listen up and get privy to their BHAG–you know, those BIG Hairy Audacious Goals–and how they plan to achieve them. We’re giving away 2, all-inclusive sets of tickets for a full day and night with us worth $10-20,000! Get the chance to fly from anywhere in the country to our office in St. Louis and spend the entire day with us, plus a little dinner on the side, before we fly you back the next day. Enter to win here. “Set your goals, shoot for the moon, and land on the clouds.”- Sam PrimmIn this Episode:- The importance of goal setting - How Sam and Lucas set their goals- What is the difference between having goals and having targets?- Why Sam and Luca's 25-year goal is to bring an NBA Team to St. Louis and how they plan to achieve it Resources:- Traction: Get a Grip on Your Business by Gino Wickman- Rental Webinar MasterclassConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok

Are you looking for a sign to leave your job? Sam and Lucas are two ordinary guys who didn’t have ANY apparent reasons to quit their jobs. They were earning 6 figures and they actually didn’t hate what they did for a living and they know they can look forward to a hefty retirement. So, why quit??? Tune in to this episode to find out what the deciding factors were for them and how to shake the fear of leaving that W-2 job. We’re giving away 2, all-inclusive sets of tickets for a full day and night with us worth $10-20,000! Get the chance to fly from anywhere in the country to our office in St. Louis and spend the entire day with us, plus a little dinner on the side, before we fly you back the next day. Enter to win here. “People say real estate investing is too risky but then you always come back with, ‘no, having one income stream and relying on someone else for financial freedom, that's risky.’” -Lucas WallsIn this Episode:- Check out this “boring” yet extremely powerful way to start building time and financial freedom - Here’s the true definition of risky- This is the hardest part for people to decide to quit their jobs- 3 main reasons why Sam and Lucas quit their 6-figure job and never looked backResources Mentioned:- Rich Dad Poor Dad by Robert T. Kiyosaki- Rental Webinar MasterclassConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok

It’s time to take control of your future and secure monthly cash flow. Not talking about your annual raise or getting a bigger bonus check, either. We’re talking substantial wealth that can transform your life and the generations that come after you using the power of real estate investing. If you have been plugging away at the same job for years and feel like you should be way further along by now, making substantially more money, You are not alone. So many people regret not taking action sooner, so they stick with the dead-end job and nothing ever changes. But the good news is it’s not too late, and by listening to Ordinary Guys Extraordinary Wealth you’ll already be well on your way to financial freedom.Ordinary Guys Extraordinary Wealth is going to teach you the exact methods that have helped hundreds of people go from making their first investment with no experience to multi-millionaires with incredible portfolios that generate monthly passive income… and the best part, they did this without using any of their own money.Your hosts, Sam Primm and Lucas Walls started investing in real estate on the side, just like you. These two took their venture from side hustle to a full-time job, and now own $40 million in rentals and counting (without using any of their own money). That has blossomed into an umbrella of industry-related companies that enhance and support their ventures. And really, they’re just a couple of normal millennial guys from the midwest!If you’re ready to take control and learn real estate investments the simple way, join the passive wealth club, grow a multimillion-dollar portfolio, and even have fun doing it, Ordinary Guys Extraordinary Wealth is a must-listen podcast.Follow the show now so you don’t miss a single episode.