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Do you believe that the riches are in the niches? “Figure out your niche and maximize it,” says NBA player P.J. Tucker. So how do you find your niche? There are several ways to do it. In this episode, Sam and Lucas discuss the importance of niching down. They also talk about the three main niches in real estate and which niche might be right for you.
Without clarity of focus, it will be hard for you to succeed. Billionaire Jeff Hoffman said, “Doing three things is not 3x harder than doing one thing. Doing three things is a million times harder than doing one because you're just spread out, and you can't put the right effort into what you're doing.”
“I think it makes sense that if you focus on something, you will be better at it than trying to do several things.”- Sam Primm
“The more specific you get, the more they'll remember about you. And even if they don't bring you the exact thing that fits your buy box, it'll be close.”- Lucas Walls
Today's episode is a walk down memory lane. In the last seven years, Sam and Lucas have quit their jobs, bought $40 million worth of real estate, sold over 500 houses through wholesaling, flipped over 200 homes, and gained 2 million followers on social media. They also launched this podcast. So many things have happened, and it will be good to look back and reflect on each learning.
So join Sam and Lucas as they walk you through their journey. You will definitely pick up some gems that will encourage you to explore the power of real estate to transform your life for the better.
“The wealth and the financial freedom is not in the cash flow; it's in the equity, whether it's a business or real estate.”- Sam Primm
“It is important to stay present. Focus on what you do now, but I think something along the lines of, like 5 or 10% looking back, 30% looking forward, and 60% in the present.”- Lucas Walls
Most rich people would agree that real estate is one of the best ways to build wealth. But some people are stuck in that old belief that you need to have a massive amount of money to invest in real estate. However, there are several ways to start investing in properties without writing your own check. You just need an open mind and learn from people who made a fortune buying and selling properties, just like Sam and Lucas.
In today's episode, they will discuss the method that changed their lives. Sam and Lucas would even argue that this method is more powerful than any other investment strategy out there. So, listen up and discover how you can start investing in real estate using the power of the BRRRS method.
“Go where the opportunity lies, not where it hides.”- Sam Primm
“With this BRRRS Method, we are able to have access to that type of wealth without having any upfront money.”- Lucas Walls
Are you the type of person who likes to figure things out on your own, or are you someone who leverages other people's knowledge (OPK) to learn something new? If you want to be efficient and effective with your time, getting a mentor or a coach is the answer. People who have achieved what we want to achieve can definitely help us get there faster because they already know the way. There are many ways to access other people's knowledge nowadays, especially with YouTube, social media, and podcasts. So there's really no excuse. Even great guys like Tom Brady have mentors and coaches.
In today's episode, Sam brings in his mentor, Bryan Schroeder, the founder of FasterHouse. Bryan has been a real estate investor in the Saint Louis Metro area for over 15 years, and he is an excellent influence on Sam. Tune in to this conversation and learn more about the Power of OPK to accelerate your success.
“I feel like other people's knowledge is maybe the most powerful thing in the universe–even above the Infinity Stones.” - Sam Primm
“I guess I've done a bit of both, learning from people and figuring out on my own, but it's a lot easier to learn from other people.”- Bryan Schroeder
Ready to build sustainable wealth and enjoy a life of freedom through Real Estate?
