Episode 20 - Multiple Exit Strategies
Have you ever wanted to buy an investment house but didn't know what you would do with it? When buying real estate, it's important to have multiple exit strategies, so you don't get stuck with a property that does not generate cash flow. So if you're looking at a few deals, think about the multiple ways you can make money from them instead of having only one path or plan.
In today's episode, Sam and Lucas discuss five common exit strategies they use. Each strategy has its pros and cons. The most important thing to remember is to treat each house on a case-by-case basis and choose the best exit for that property. So tune in and learn what options you have. You'll be glad you did!
“When buying real estate, have multiple exit strategies in mind if possible.” - Sam Primm
“Each house has its individual uniqueness and everything about it, so picking that exit strategy, especially in this market, and getting that right, is more important than it has ever been.” - Lucas Walls
WHAT’s IN THIS EPISODE?
- What is an exit strategy?
- Why is it important to have multiple exit strategies?
- Common exit strategies and how to decide which strategy to take depending on the type of property you're buying
- Random Thought of the Day: How does the internet work on airplanes
Meet the Founder of FasterFreedom
I founded FasterFreedom to teach people just like me to take ownership of their freedom. There is a reason why real estate creates 90% of millionaires in this country.
It's an incredible vehicle for leverage, cash flow, appreciation and the sheer practicality of it… Everyone (and I mean everyone) has the opportunity to benefit from Real Estate.
Real Estate can be overwhelming at times which is part of the reason why we don’t see more people taking advantage of the incredible wealth creating opportunities it provides.
I launched FasterFreedom to do just that… we provide the foundation and grooved path for individuals wanting to achieve freedom and financial independence through Real Estate Investing.
I pride myself in practicing what I preach, meaning all of my lessons and tips are constantly updated and based on the real investing that I do right now- so you only learn what works and not through theory or outdated practices!
Over $200 million owned by students and coaches!
Become a guest NOW!
Why be a guest on the podcast?
If you’re an experienced real estate mind who’s looking to further gain exposure and share your experience with the world, we’d love to have you on! We’ll collaborate on industry trends and topics you want to discuss and you’ll also get to link your social handles and any websites or pages you want to mention. If you’re interested, fill out the form above and our team will respond within 24 hours.
About our audience
The FasterFreedom Show podcast is an independent podcast that has gained over 350 5-star reviews. Our viewers are normally middle aged Americans that are looking for something more and see Real Estate Investing as a way to have more time, freedom and happiness. Special guests on the podcast usually see an increase in sales for their programs as well as the publicity on the podcast itself.
Ready to build sustainable wealth and enjoy a life of freedom through Real Estate?
