The FasterFreedom Show: Change the Way You Think About Freedom

Inside the Dynamic Partnership of Sam and Lucas | EP. 47 Dec 28, 2022

Show notes

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 Walls

In 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 red

And more!

Connect with Sam and Lucas:

The Power of Connection: Meet, Our First Private Lender | EP. 46 Dec 26, 2022

Show notes

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 have

And more!

Connect with Sam and Lucas:

FasterFreedom: How to Invest in Real Estate in 2023 | EP. 45 Dec 21, 2022

Show notes

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 A

And more!

Connect with Sam and Lucas:

From Mud Hut to Millions: The Inspiring Story of King Khang | EP. 44 Dec 19, 2022

Show notes

Today's episode features the fantastic story of Khang Le, a successful business owner and an international influencer with millions of followers on social media. But Khang wasn't always successful. He was born and raised in Vietnam, growing up in a mud hut and catching frogs for dinner. Who could have imagined him having a promising future with that background? But look at what he has achieved. So if you need inspiration and proof that you can work your way to success, this is the perfect story for you.

“The beautiful thing about what we're creating is that freedom to let your desires decide what you want to do. You want to do something, you do it.”

- Sam Primm

“If freedom is not enough to motivate you, I don't know what is.”

- King Khang

In this Episode:

-Khang's inspiring story - from catching frogs for dinner to having one of the biggest real estate brands and 4 million followers on social media

-How Khang made the leap from being a high school dropout to becoming an international influencer and an ultra-successful business owner

-How did Khang get into the wholesale business?

-What's the number one reason Khang became successful?

-Rich mindset vs. Broke mindset

-What is Khang's motivation for becoming successful?

And more!

Connect with King Khang:

Connect with Sam and Lucas:

Winning in Business: 6 Lessons Learned from Sports | EP. 43 Dec 14, 2022

Show notes

What is your favorite sport, and what have you learned while playing? We grew up playing sports, and it has so many benefits. Aside from having fun, it taught us life lessons and business lessons. While losing in business has a lot more consequences than losing a high school basketball game, sports and business have much more in common than you can ever imagine. And in this episode, Sam and Lucas talk about six sports lessons they learned and how they relate to business. So let's dive in!

“Losing in business has a lot more consequences than losing a high school basketball game.”

- Sam Primm

“Not everybody has to be a leader in the entire organization or entire team. But we all have leadership aspects in our lives.”

- Lucas Walls

In this Episode:

-Teamwork - Working together to accomplish a goal

-Competitiveness - Competing, challenging, and having that preparedness to want to win

-Hard work pays off - As we start playing with better competition, you have to practice for months or even years to win that one big game

-Losing and learning from it - Learn from failures and get yourself back on track

-Receiving coaching - To be a great leader, you have to be coachable first

-Leadership - Not everyone has to be a leader in a team, but we all have leadership aspects in our lives

-Top 5 Marvel Characters

And more!

Connect with Sam and Lucas:

Maximizing Success: Lessons Learned from Past Mistakes | EP. 42 Dec 12, 2022

Show notes

Hindsight is 20/20. People only realize how they could have made things better after the event. Some can't get past their decisions then, but others use the opportunity to learn and do better next time. In today's episode of The FasterFreedom Show, Sam and Lucas go through what they have done in their business and what they would have done differently. It's not like they have a ton of regrets. They have done great and built a great life, no doubt. But there are some things that, if they knew then, would have been better for both of them. So listen up and note what Sam and Lucas wish they knew, and maybe you can identify with some of these things. And then, you can look back at how things went in your life and your business and plan how you wish to proceed in 2023.

“I would tell you, the one thing is, real estate is a good investment if you do it the right way.”

- Sam Primm

“In general, flipping houses, whether it's fix & flips or wholesaling, living off of that income and having that be your full-time job, I didn't know that was a true thing until 2017.”

- Lucas Walls

In this Episode:

-Sam and Lucas wish they would have started sooner

-They would have taken advantage of the best time to buy and bought more properties

-They would have gotten into STRs sooner

-Top 5 ideal ages with reasons

And more!

Connect with Sam and Lucas:

The Ultimate Landlord Mistake That Kills Your Profits | EP. 41 Dec 07, 2022

Show notes

As you start looking into purchasing and renting out your real estate property, you naturally think about a profitable return on your investment. However, many landlords realize too late that they're making a mistake that costs them the biggest expense and kills their profits. Don't make the same mistake.

So what is the biggest expense you should avoid if you pursue being a landlord? Sam and Lucas answer you in today's episode of The FasterFreedom Show. Tune in to learn what turnover is, why it costs so much, why it's important to screen potential tenants diligently and how Sam and Lucas choose their tenants.

“There are more good tenants out there than good landlords out there by far.”

- Sam Primm

“The longer your average tenant stays in your property, the lower your turnover expense is gonna be.”

- Lucas Walls

In this Episode:

-What is turnover?

-Why good tenants are important

-Why turnover costs so much (let's look at some numbers)

-How Sam and Lucas approve tenants

-Top 5 vacation destinations

And more!

Resources:

-Financing For Real Estate Investors, Simplified - https://www.fasterfreedomcapital.com/

Connect with Sam and Lucas:

Mastering the BRRRS Method: How We Built a $42M Real Estate Empire | EP. 40 Dec 05, 2022

Show notes

As you start investing in real estate, you will hear someone mention the BRRR (Buy, Rehab, Rent, Refinance) Method. It's a powerful wealth-building method that Sam used to become a multimillionaire. But Sam has added one more phase, which is SCALE. Hence it's now known as the BRRRS Method. So how exactly does this method work?

In this episode, Sam goes solo and deep dives into the BRRRS (Buy, Rehab, Rent, Refinance, Scale) Method, which allowed him to build up 42 million dollars worth of real estate without using any of his own money. Let's find out how he did it in today's episode of The FasterFreedom Show.

“The BRRRS Method has allowed me to literally create 42 million dollars of real estate without using any of my own money.”

- Sam Primm

In this Episode:

-Why Sam chose to talk about this topic

-How to apply the BRRRS Method using a simple example

-What is the Scale Method?

And more!

Resources:

-Financing For Real Estate Investors, Simplified - https://www.fasterfreedomcapital.com/

Connect with Sam and Lucas: