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Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

How To Build A Real Estate Portfolio Without Your Own Money | Sam Primm

Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based

Flipping Houses, Wholesaling Real Estate, Business, Investing, Rental Property, Real Estate, Real Estate Investing

2.5884 Ratings

🗓️ 28 November 2023

⏱️ 67 minutes

🧾️ Download transcript

Summary

Sam Primm, a multi-millionaire from Missouri, shares insights from his real estate journey... We want to coach you at Wealthy Investor! Book a call with the team here - https://wealthyway.co/yt -- Are you living The Wealthy Way? Take the quiz and get FREE access to the “Wealth Builder Academy” where Ryan goes over all the fundamentals of building wealth. https://www.wealthyway.com/ Would you like our team to help build your personal brand? Apply to join Pineda Media at https://wealthyway.co/...

Transcript

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0:00.0

Sam prim, how's it going baby? It's going ready to rock and roll.

0:04.0

All right, excited to have you on the podcast. So before we get into building wealth through real estate,

0:10.0

can you tell everyone quickly about yourself?

0:12.8

Yeah, for sure. So I like to say I'm as normal as it gets. Let's start off there.

0:17.7

Like I actually kind of use our mutual friend Ryan as an example. I don't have this like rags richest story. I'm not this

0:24.6

Filipino Ken doll like Ryan I'm just like a normal freaking dude from Missouri

0:28.2

yet I own almost 50 million dollars worth the real estate we flip about 300 a year. So I've been able to do a lot of really

0:35.0

cool stuff and I didn't come from like an entrepreneurial household. I was in that W-2 path like most people took a hard right and went all in on real estate.

0:43.5

So we can catch up and fill in the gas,

0:45.4

but that's kind of where I sit right now.

0:47.3

I have 2.7 million followers on social media,

0:50.1

flip about 300 houses a year, mostly wholesale, and then also have an education company,

0:54.8

and then have 46 million-year rentals. So I do quite a bit in the real estate space, and I am nothing special.

1:01.3

So got it. Well, I'm here to freaking expose these real estate

1:05.6

investors out here selling these dreams so we're gonna get to it. So he's on a

1:10.8

mission I'm on a mission to expose these people. So we'll start off with flipping

1:16.3

So you said you flipped 300 houses a year mostly whole so when I say flip I mean buy and sell so last year it did 3 12 this year will probably do 250 so I would say we're probably going to wholesale

1:28.9

About 180 probably maybe novate 20 and then actually flipped like 50 or 60 so when I say

1:36.6

flip it's just easier yeah it real estate but no we go though and a lot of them we

1:40.6

closed on even the wholesale is to maximize. So we have 250, 300 houses run through the turnstiles every year.

1:46.6

Got it.

1:47.6

Okay, about 300 that you're flipping and then how many rental units did you say you have?

...

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