The FasterFreedom Show: Passive Income Through Real Estate Investing

Sam Primm and Lucas Walls

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 The FasterFreedom Show you’ll already be well on your way to financial freedom. The FasterFreedom Show 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 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, The FasterFreedom Show is a must-listen podcast. Follow the show now so you don’t miss a single episode. read less

Episode 57 - Property Equity and AI With Ohio’s Real Estate Don Austin Rutherford
Yesterday
Episode 57 - Property Equity and AI With Ohio’s Real Estate Don Austin Rutherford
Austin Rutherford got started in real estate 8 years ago. Since then, he’s been flipping and wholesaling, done over 3400 deals in Ohio, and now owns $20 million worth of properties. He’s learned to transition from cash flow to real property equity. He’s chatting to our host Sam Primm in this turbo-charged episode of Faster Freedom, as Sam quizzes Austin on his real estate origin story and his philosophy around building a social media audience. The two then gaze into the crystal ball and explore how real estate will be affected by AI, while also focusing on how to build a long-term vision and plan for your passive income property equity play! Lucas will feel like he’s missed out on this one —  listen up, so you don’t miss out too! “You don’t create wealth from cash flow. That’s not what creates wealth. What creates wealth is equity and assets.”   - Sam PrimmIn this Episode:-Building a property empire in Ohio after only 8 years in real estate-How to get active income from flipping and wholesale-How to figure out what your monthly number is to move from cash flow to real equity-What is Austin’s favorite part of real estate?-How to construct a realistic long-term vision and plan for your real estate game-Understanding the value of creating a social media audience -How does podcasting play a role in connecting with your audience?-Austin’s take on how AI will impact real estate-What is John Elway’s net worth? And more!Connect with Austin Rutherford:-Instagram: @austinrutherfordofficial-Austin's Book: How To Get Free HousesConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube - TikTok
Episode 56 - Are You a Good Leader?
3d ago
Episode 56 - Are You a Good Leader?
Are you a good leader? How do you know for sure? What can we learn from great leaders like Elon Musk or Steve Jobs? Being a leader is hard. Being a level 5 leader is almost impossible. However, being a leader is rewarding when your persistent hard work takes your company to greater heights. A leader must have the capacity to translate vision into reality. But how do you do that?In this episode of The FasterFreedom Show, Sam and Lucas talk about leadership, what it means to them, and how to become a level 5 leader, as discussed in the book Good to Great by Jim Collins. So, if you want to know the qualities of a good leader and how you can grow your leadership skills, this episode will give you the answer. Here are the 5 Levels of Leadership: Level 1: Highly Capable IndividualLevel 2: Contributing Team MemberLevel 3: Competent ManagerLevel 4: Effective LeaderLevel 5: Executive“Leadership is key. Whether you talk about family, you're a coach, you're a business, you're an entrepreneur, you are a manager—whatever it is, being a leader is tough.” - Sam Primm“You can have the best product in the world, the best sales team in the world, but at some point, if your leadership isn't on point or your leadership team, whatever that looks like, that company is not going to succeed.”- Lucas WallsIn this Episode:-What makes a good leader?-Leadership Hierarchy: The 5 Levels of Leadership -Sam and Lucas play the Net Worth gameAnd more!Resources:-Schedule Your Free Business Strategy Consultation with Prime Corporate Services - https://primepartner.info/fasterfreedom-Good to Great by Jim Collins - https://www.amazon.com/Good-Great-Some-Companies-Others/dp/0066620996Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Episode 55 - 29-Unit Apartment with NONE of Our Own Money: Case Study
Jan 25 2023
Episode 55 - 29-Unit Apartment with NONE of Our Own Money: Case Study
Real estate is one of the best ways to build wealth. However, you need a lot of money to buy properties. But did you know that you can purchase real estate properties without using your own money? That's right! If you want to know how to do it, today's episode has the answer for you.In this episode of The FasterFreedom Show, Sam and Lucas present a case study of how they bought a 29-unit apartment with NONE of their own money. They were able to do that through creative financing strategies, which they will break down for you today–with actual numbers, so you know exactly how it looks. Sam and Lucas lay it all out, from finding the deal to financing it and turning it into a profitable income stream. So listen closely because they also talk about a hack to 10x your cash flow. Now, who wouldn't want that?“We took time to develop a relationship with this broker. We did it the right way, and now we have deals coming in, not more than we can handle but on a regular basis.” - Sam Primm“The deals we look at have to cash flow. That's the number one thing they have to do. And they have to cash flow in a way where we're not putting 20% cash down.”- Lucas WallsIn this Episode:-How Sam and Lucas came up with the deal-Let's look at the numbers - Total property cost and creative financing strategy-How to add value to the property -Ninja hack to 10x your cash flow-2-4 year future value projection -Sam and Lucas talk about the best villainsAnd more!Resources:-Schedule Your Free Business Strategy Consultation with Prime Corporate Services - https://primepartner.info/fasterfreedomConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Episode 54 - Reasons to Start an LLC to Buy Real Estate
Jan 23 2023
Episode 54 - Reasons to Start an LLC to Buy Real Estate
Did you know that some investors buy real estate under their own name? Well, what's wrong with that? It's your property, anyway. However, if you're purchasing an investment property or a property you intend to use for purposes other than your primary residence, it's best to buy it under an LLC. But, of course, there are pros and cons to any decision you make. In this episode of The FasterFreedom Show, Sam and Lucas discuss their top 3 reasons for buying a property under an LLC vs. your personal name. They also discuss some disadvantages when choosing either option. So tune in and discover what Sam and Lucas have to say from their years of experience buying and selling real estate. “If you start an LLC, it is no longer a side hustle. You are a small business owner.” - Sam Primm“Having a clean set of books when owning rental properties is very, very important, and setting up separate checking accounts is the first step to help you do that.”- Lucas Walls In this Episode:-Buying a property under your personal name vs. under an LLC-Reason #1: Mindset - Setting up an LLC means you're now a business owner, and you'll begin taking each transaction more seriously-Reason #2: Accounting - When you set up an LLC, you can set up a business banking account instead of co-mingling your personal and business accounts; You can also take advantage of tax benefits-Reason #3: Liability Potential/ Asset Protection - An LLC protects you from personal liability in case of a business lawsuit-Are there disadvantages to forming an LLC? -Sam and Lucas play “The Net Worth Game”And more!Resources:-Schedule Your Free Business Strategy Consultation with Prime Corporate Services - https://primepartner.info/fasterfreedomConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Episode 53 - Recessions and Real Estate over the Years
Jan 18 2023
Episode 53 - Recessions and Real Estate over the Years
Did you know that recessions have little or no correlation to the real estate market? There’s so much fear on social media regarding whether we are or aren’t in a recession — and why, therefore, it’s not wise to be investing in real estate.  Sam and Lucas are going old school on this episode of The FasterFreedom Show. They're dropping the knowledge by giving us a FasterFreedom history lesson on, you guessed it, the history of US recessions!  What we learn is that recessions happen. They’re cyclical. What happens, though, if you follow the numbers, is that real estate goes up like crazy between recessions, so it's still a good, resilient investment to make. So actually, none of what we’re experiencing now in the markets is new — it’s just packaged differently.  Now then, what should you be looking at as your next investment? Where’s the opportunity? Sam and Lucas teach us to be greedy when other people are fearful — and vice versa. Join the FasterFreedom Show for some fascinating historical perspectives, and learn how to play ‘The Net Worth Game.’ Please join us! “The last six months, all you hear is ‘the recession is coming, the recession is coming.’ Bro, we’re in the recession.” - Lucas Walls “Winter is coming. It’s like Game of Thrones.” - Sam Primm   In this Episode: -A brief history of US recessions-How much was the cost of an average house in the US in 1975?-What happened in the 1980 recession?-What happens when interest rates go up to fight inflation?-What was the price of real estate in the 1982 recession?-What are the signs that point to inflation?-What caused the recession in the early 2000s?-The ‘dotcom bubble’ bursting and 9/11's impact-Surviving 2008 to 2010-When was the best time in history to get into real estate?-What do Sam and Lucas think of Warren Buffett?-Playing the Net Worth Game-How much are Ellen DeGeneres and Steve Harvey worth? And more!Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Episode 52 - Starting from Scratch in 2023…
Jan 16 2023
Episode 52 - Starting from Scratch in 2023…
“If you had to do it all over again, knowing what you know now, what would you do differently?” How many times have you heard that question? As you grow your business, it is important to remember what worked and what didn't so you can replicate your success and help others do the same. In this episode, Sam and Lucas talk about five things they would tell themselves if they had to start back at zero. If you're interested in knowing what those things are and want to implement those lessons as you start and grow your business, this episode is a real eye-opener. “Good debt is key. Most people think that borrowing money is bad, but if you borrow money to buy an asset, it is good.” - Sam Primm “There's a lot of ways that owning real estate can put and keep money in your pocket. And it hasn't been super sexy except for the last couple of years, but it's proven.”- Lucas Walls  In this Episode:-Lesson #1: We need an active and passive income-Lesson #2: The market doesn't matter; it's the investor and the strategy that they choose-Lesson #3: Get around successful people-Lesson #4: Good debt is key-Lesson #5: Real estate is the best asset to own, whether you're paying cash or borrowing money-Sam and Lucas talk about things that are GreenAnd more! Resources:Schedule Your Free Business Strategy Consultation with Prime Corporate Services - https://primepartner.info/fasterfreedomConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Episode 51 - Common mistakes to avoid in real estate investing
Jan 11 2023
Episode 51 - Common mistakes to avoid in real estate investing
Sam and Lucas are coming in hot in 2023 with a reveal of the mistakes that they’ve made in the real estate game. A wise person learns from the mistakes of others, so tune in to learn from Sam and Lucas’s mistakes so that you don’t need to make them as you learn to ‘fix n flip’ and wholesale property and get your property game on.  Using AI software as bullet points to prompt conversation, Sam and Lucas have an engaging conversation about budgets, hiring the right people, and how best to educate yourself in property (hint: you can only learn so much from YouTube).  Dial in your property management strategy, turn those houses quickly, and learn from the mistakes of Sam and Lucas as they humbly share what has and has not worked for them over the years! Come and get it… “Mistakes and failures are pretty similar, but they are necessary and they are on the path to success.” - Sam Primm “Having the mindset that hey, I’m going to make mistakes, and don’t beat yourself up. And don’t give up because those mistakes happen.” - Lucas Walls   In this Episode: -Not doing due diligence-Follow your passion and educate yourself-How much can you learn on YouTube versus actually doing it?-Getting a base level of knowledge in real estate-Failing to budget properly-The danger of not having a clear investment strategy-Not diversifying your portfolio-Hiring the right people -Not preparing for unexpected costs-Not managing your property properly-Words that begin with the letter B And more!Resources:Schedule Your Free Business Strategy Consultation with Prime Corporate ServicesConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Episode 50 - First 4 Steps to Invest in Real Estate
Jan 9 2023
Episode 50 - First 4 Steps to Invest in Real Estate
It’s the 50th episode of The FasterFreedom Show, and Sam and Lucas (or should we say Luca$h?) have got a crowd in the studio to celebrate — and to bear witness to Lucas’s rap that he promised if the show made it to episode 50. And made it they sure have. Not content to rest on their laurels, The FasterFreedom Show is dispensing more wisdom with their ‘first 4 steps to invest in real estate’. If you’re looking to get into the property game, but just don’t know where to start, then this one’s for you.  Plus, you’ll get to hear Lucas honor his bet and rap like a real estate beast! You don’t wanna miss it!“There is literally no excuse not to at least get a base level of knowledge. I’m not saying everybody has to be an expert before they invest, but there’s no reason why, in my opinion, if you want to start wholesaling before you do your first deal, you shouldn’t know the difference in assignment, and double close… and things like that you can find out super easily online.” - Sam Primm “To look bankable is an important part of the BRRRRs strategy.” - Lucas Walls  In this Episode:-Setting your goals-Where to get your knowledge from-Going out and meeting people -Go to your local meet-up and network!-Get your money right!-Getting good mentorship-Lucas does an awesome real estate rap! And more!Song Beat Reference:Dope Slow melodic trap Beat 2020 | EGO | by Flow Beatshttps://www.youtube.com/watch?v=Xg7orUV2UZIConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Episode 49 - How We Bought a 12-Unit Apartment Complex with No Money
Jan 4 2023
Episode 49 - How We Bought a 12-Unit Apartment Complex with No Money
One of the biggest challenges a real estate investor faces is financing the investment. As a general rule, you need a lot of money to buy an apartment or a house, much more an apartment complex. So, can you buy a property with no money down? The short answer is yes. However, there are some factors to consider. Buying huge apartment complexes can be challenging, but buying small apartments is not too bad, and it's a great way to scale. In this episode, Sam and Lucas share a case study of how they bought a 12-unit apartment complex with no money. They walk you through how they found the deal and how they financed it. They also share the actual numbers so you can better understand how you can do the same thing. Let's find out how you can buy an apartment complex with no money in today's episode of The FasterFreedom Show. “This little 12-unit, I feel like it's so manageable for so many people. It's more than single families, but it's not a 50-unit or even 30-unit you got to raise millions. It's so manageable, especially when people hear the numbers on this property.” - Sam Primm “Every one of these buildings that we buy, the tenants love us. The only ones who don't like us are the ones who don't pay.”- Lucas Walls In this Episode:-How Sam and Lucas got the deal in 2018-How they funded the transaction without using their own money-What happened to the property value two years after?-Let's look at the numbers to understand the deal better-Sam and Lucas's Favorite Fast Food Joints and their favorite drinking game in college; they also chatted about Lionel Messi!And more!Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Episode 48 - Which Market(s) Should You Invest in for 2023?
Jan 2 2023
Episode 48 - Which Market(s) Should You Invest in for 2023?
As we approach 2023, you might be wondering if it's still a good idea to invest in real estate, especially during a recession. What is the best investment strategy? Which markets should you invest in? The housing and real estate markets typically suffer in a shifting market. However, if you're in a financial position to do so, purchasing a home during a recession is often a good move. Housing is one of the primary needs of people. Hence, rental properties are still a steady source of income for real estate investors. To help you decide, Sam and Lucas discuss their investment strategies, the filters they use when choosing their approach, and why some strategies work better than others. So tune in to this episode of The FasterFreedom Show to learn more about making wise investment decisions that can change your life in 2023. “You can wholesale from a different country if you have a phone. So wholesaling is the simplest one as far as you can do it anywhere. You can do it in your backyard, or you can do it across an entire country.” - Sam Primm “You probably don't have to look outside your backyard for a short-term rental if you want to get involved in that game.”- Lucas Walls In this Episode:-Two things you can use as filters when choosing the best investment strategy -Where should you invest, depending on your goals and the filters you're using?-Strategies and markets that work better than others-Sam and Lucas's choice for The Best DuosAnd more!Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Episode 47 - Our Plan for 2023
Dec 28 2022
Episode 47 - Our Plan for 2023
Sam and Lucas are at it again — helping more people create more freedom with their real estate wisdom. What’s special about this episode is that we gain a fascinating insight into the working relationship of two business partners as they audit the ups and downs of their property game in 2022.They look forward to the next year too, and this episode is about embracing the challenges in 2023. We get to learn about growing your social media presence, launching a mastermind, and the organic approach of observing where the market will allow you to grow.If you’ve enjoyed the bromance and banter between these two — and if you’re interested in the property market in 2023 and where it’s likely to go — then this episode is absolutely for you. Sam and Lucas aren’t scared of the market and are looking to do some fun things with it. Taking advantage of the upswing starts with dialing into this episode and taking the advice that’s on the table. Keep investing and keep moving forward with The FasterFreedom Show.“We’re kinda going to take what the market gives us this year. With higher interest rates and the market slowing down in general, we just have some uncertainty there. So we’re not going to stop growing, but we’re going to be a little more selective than we have been in the past, probably. - Lucas WallsIn this Episode:-Sam and Lucas audit their 4 businesses-Faster Assets leads to Faster Freedom-Selling 320 houses in 2023-Where will the market allow you to grow?-The value of growing your social media and student audience-Gaining 400K followers and 850 new students in 2022 -The aspiration to launch a high-level mastermind-Converting a unit into a short-term rental for $10K -No more ‘willy-nillying’ -The appeal of multi-family rentals-Having fun with the market in 2023-Top 5 things that are redAnd more!Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Episode 46 - The Number One Connection That Can Change Your Life
Dec 26 2022
Episode 46 - The Number One Connection That Can Change Your Life
The number one question Sam gets asked is, “how do you find a private lender?” And he always responds with, “find a Steve.” Who is Steve anyway? Is he real or just a figment of Sam and Lucas's wild imagination? Today we'll meet Steve, the number one connection that changed Sam and Lucas's life. He is the first private lender to Sam and Lucas, and he talks about it in this episode of The FasterFreedom Show. Sometimes, all you need is that one person who believes in you. That's how Steve has been to Sam and Lucas. You'll be interested to know that he is a good friend to Sam's parents, so they've had a connection even before Sam was born! How cool is that? If you want to know the whole story, listen up and take advantage of the golden nuggets within the inspiring and informative conversation between Sam, Lucas, and Steve. “Everybody who's been in business has made mistakes. Everybody who's been in business has failed at some point in time.”- Steve“There's more harm done when people try to avoid failure than actually failing.” - Sam Primm  “The best part about private lending is you can structure the deal and the returns in whatever way makes sense for yourself, the investment, and your private lender.”- Lucas Walls  In this Episode:-Who is Steve, and what part did he play in Sam and Lucas's success?-Why did Steve decide to become a private lender?-Why did Steve think it was a good idea to invest with Sam and Lucas instead of investing in real estate by himself?-What does Steve like about being a private lender?-What advice does Steve have for people who are considering becoming private lenders?-How can someone convince a private lender to lend them money?-The qualities that most successful people haveAnd more!Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Episode 45 - How to Invest in Real Estate in 2023
Dec 21 2022
Episode 45 - How to Invest in Real Estate in 2023
Have you been hurt by your investments in the latter half of 2022? Sam Primm and Lucas Walls are pushing for you to find faster freedom in 2023 with this super insightful episode on How to Invest in Real Estate in 2023.There’s a recap of why real estate agents and people in the property business have had to pivot for the past few months, and there’s great advice on what’s still out there in terms of housing opportunities. Sam and Lucas combine their friendly banter with their accrued real estate wisdom as they stare into the crystal ball of next year and make some big calls on how we can make that money so you can control your freedom. There are smart strategies on wholesaling, fix-n-flips, and rentals. By taking Sam and Lucas’s advice on board, you can bring your 'A' Game to the property market in 2023.“Get into that wholesaling game (in 2023). You can make a lot of money in a short period of time — it literally just takes hustle.” - Sam Primm “You need to make your end product a level up from what it was in 2020 and 2021, flat out. And 2022.  - Lucas Walls   In this Episode:-Understanding the Wholesale Game-Get a contract on a house, and sell that contract to an end buyer-Why wholesaling works everywhere-What’s changed in the latter half of 2022? -What does ARV mean?-Using the 3-3-3 rule-Run your comparisons more conservative-Keep those houses moving-How to find good cash buyers-What are fix-n-flips gonna be like in 2023? -Understanding the 2023 rental game-Why rentals are still a good long-term investment-Double-check your rental rates-Finding cash flow in 2023-Top Things that start with the letter AAnd more!Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Episode 39 - Real Estate Beginner Remote Investing 32 Doors [18 Months]
Nov 30 2022
Episode 39 - Real Estate Beginner Remote Investing 32 Doors [18 Months]
How do you invest in properties miles away from where you live? If you think it's impossible, then think again. In today's episode, Sam interviews an extraordinary guest. Former star student turned FasterFreedom Coach Keola Kapaku Boak will discuss how to invest remotely, meaning you can invest in any market even if you do not live in it. He uses his own story as an example of what's possible as long as you have the right mindset. Keola bought eight rental properties in the first ten months, living in Hawaii and investing in midwestern Missouri, which proves that no matter what market you're in, you can invest in properties located in other markets. He now owns a multi-million-dollar portfolio. Tune in and get some practical tips from Sam and Keola in this episode of The FasterFreedom Show. “Jealous people are usually not successful; curious people are.”- Sam Primm  “I think your association is so important to help you thrive.”- Keola Kapaku Boak In this Episode:-The incredible story of how Keola found Sam back in November 2020-Why should you join the FasterFreedom mentorship program?-Tips for new real estate investors to get the ball rolling-The mindset of a successful business owner and investor-What does it take to do remote investing?-Finding connections and the support that you need to succeed in real estate investingAnd more!Resources:-Financing For Real Estate Investors Simplified - https://www.fasterfreedomcapital.com/-Join the FasterFreedom Mentorship Program - https://fasterfreedom.com/Connect with Coach Keola Kapaku Boak:-FasterFreedom Mentorship Program - https://fasterfreedom.com/Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok
Episode 38 - The Biggest Advantage You Can Have…
Nov 28 2022
Episode 38 - The Biggest Advantage You Can Have…
What is the most significant factor that separates good companies from great companies? Why do some companies thrive even under extreme challenges while others fold up shop? The answer is simple: Values and Culture. In this episode, Sam and Lucas give us an insight into their core values and culture and how they use it to hire, grow and motivate people. Companies with great culture and core values are more resilient, especially when the entire organization is moving in the same direction. So, what values do you have for your company? “You usually know what the right thing is to do, but doing it is not always easy, and it is not always something that people are willing to do.”- Sam Primm  “In business, you're not gonna fail unless you give up, and there's gonna be times when you want to give up.”- Lucas Walls  In this Episode:-Love and Respect – We put people first-Continuous Improvement – We grow, innovate, and are open to change-Personal Accountability/ Extreme Ownership – We take responsibility-Courage to Persevere – We get things done-Mindset of Abundance – We believe there is enough for everyone-Integrity – We do the right thing-Fun and Supportive – Our environment is friendly, open, and drama free-Random Thought of the Day: Top 5 AppetizersAnd more!Resources:-Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras - https://www.amazon.com/Built-Last-Successful-Visionary-Essentials/dp/0060516402Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok