635: How an "Average Joe" Can Build a Multimillion Dollar Rental Portfolio
BiggerPockets Real Estate Podcast
BiggerPockets
4.8 • 16.5K Ratings
🗓️ 14 July 2022
⏱️ 72 minutes
🧾️ Download transcript
Summary
Building a rental property empire isn’t easy. Whether you dream of owning five, ten, or two hundred rental units, there is a way to get there—you just need to know what it is. It took Sam Primm seven years to figure out the smartest way to invest in real estate, and now he’s here to share it with you! Sam, like many people, didn’t hate his nine-to-five job but knew that being on some else's schedule wasn’t bearable for the rest of his life.
Sam partnered up flipping a few houses here, buying a few rental units there, and wholesaling for some extra cash. Three years into his real estate side business, Sam took the leap and went full-time into investing. Since then, he’s been able to buy over $20M in real estate, totaling his portfolio to a whopping $40M. This may seem unachievable to the average real estate investor, but Sam makes it clear that he isn’t special and is just a regular guy buying rentals.
Through his real estate tenure, he’s been able to define exactly what the average investor needs to do to scale their real estate portfolio. His “SCALE” system isn’t complex, but it will help you double, triple, or quadruple the amount of real estate you own in a very short amount of time. Itching to go full-time into investing like Sam did? Tune into this episode, he’ll show you exactly how he did it.
In This Episode We Cover:
What to know BEFORE you quit your job to go full-time into real estate investing
The “SCALE” system that allows you to grow your real estate portfolio faster
The best way to meet private money lenders, investing experts, and future partners
Getting your spouse on board the real estate investing train
Why fear is the most important feeling for new real estate investors
Using social media to grow your network so you can scale faster
And So Much More!
Links from the Show
Get Your Ticket for BPCon 2022
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
“On The Market” YouTube Channel
Books Mentioned in the Show
Rich Dad Poor Dad by Robert Kiyosaki
Traction by Gino Wickman
Connect with Sam:
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-635
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to the bigger pocket show number. |
| 0:02.4 | Whoa, whoa, whoa, whoa, whoa. |
| 0:04.7 | David's not here. |
| 0:05.8 | So you just can't jump into the intro. |
| 0:08.4 | We got a rock paper scissors to see you do. |
| 0:10.1 | So that does this. |
| 0:10.8 | All right. |
| 0:11.5 | All right. |
| 0:11.8 | I guess. |
| 0:12.3 | All right. |
| 0:12.4 | But no two out of three. |
| 0:13.5 | All right. |
| 0:13.8 | Whoever gets it gets it. |
| 0:15.0 | One shot, one shot. |
| 0:16.0 | One take, Drake. |
| 0:16.7 | Let's do it. |
| 0:17.6 | All right. |
| 0:17.9 | Ready? |
| 0:18.8 | Rock paper scissors. |
| 0:21.3 | Rock scissors. |
| 0:22.6 | You. |
| 0:23.5 | All right. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.