The FasterFreedom Show Podcast

Chris Miles is the 'anti-financial advisor guy' and host of the Money Ripples podcast. Chris has a story we can all relate to: a father who did everything right to save (from a scarcity mindset) and yet was still left without enough to retire on. This led Chris to a career as a financial advisor.

‍

He was retired by 26 as a millionaire, broke again in his 30s, and wealthy again now. And we're all the richer, too, for his valuable financial insights that he shares with Sam Primm, who is flying solo on this episode.

‍

Learn how to get your money out of prison and do the opposite of what the rat race is wanting you to do. Understand how to beat inflation during a recession – with property – and get your money to ripple like Chris does. He's chatting to Sam while on holiday for a month in Hawaii, so we know he's doing something right! Please join us. ‍

‍

"Get cash flow under control. Make sure your finances are under control, and also make sure you're getting passive income coming in, where you're not having to work all the time. You are 'work optional.' You work because you want to. Not because you have to." - Chris  Miles

Did you pick a career that doesn’t have much longevity? Worried about what you’re going to do for cash flow once your current career is over?

‍

Our guest, Mikey Taylor, can relate. As a professional skateboarder, you don’t get a lot of years to bring in the cash flow you need for the rest of your life. He started when he was 19, and if you don’t know anything about skateboarding, it isn’t long before a skater starts to feel old in that industry. His skating career lasted till he was 34.

‍

It was that looming and quickly approaching ‘end’ that made him start to explore ways to give himself more longevity and avoid the “Oh my God, what do I do now?” challenge that most athletes have.

His answer? Investing.

‍

Ex-professional skater, now real estate investor and business owner, Mikey knows what it takes to pitch investors, raise capital and build long-term wealth.

‍

Listen in on this conversation between Sam and Mikey to learn how to live below your means, craft the perfect pitch, and get started in the real estate business. Plus, discover the importance of passion projects and how even high-risk investments have the potential to pay off when you go all-in.‍

‍

“Do not be a flash in the pan. Do not make decisions based on the moment.” - Mikey Taylor

‍

“I used to say I want to create generational wealth. And now, that’s true, but I want to create generational impact, and that… has actually created more wealth for me.” - Sam Primm

One of the critical factors for a real estate investor’s ability to build a robust portfolio is generating real estate leads. However, it's a skill that can take some time to develop, and it can be pretty tricky when you're first starting out. Lucky for you, people like Sam and Lucas happily share what they have discovered over the years of doing multiple real estate deals.

‍

In this episode of The FasterFreedom Show, they talk about the top lead sources for 2023. Sam and Lucas share how they bought 300 houses last year using free and paid lead sources. If you're on a tight budget, there are creative ways to find high-quality real estate leads. Tune in to get valuable advice from these two guys. They are experts in real estate, so you know you're in good hands.

‍

Watch out for another chance to win a FREE All-Expense Paid VIP Day with Sam Primm & the rest of his team. Like and share this podcast, and check out their social media channels for the full mechanics.

‍

Here is the giveaway link! https://upvir.al/142510/lp142510‍

‍

“Wholesalers are incredible. It's a free lead source. You pay them on the deal, out of the deal, so it’s not coming out of your pocket. And they are incredible to work with.”- Sam Primm

‍

“If you're looking to build a rental portfolio or do some fix and flips this year, wholesalers are great and could be your only source for this year. That's all you need if you're buying ten or less — maybe if you're buying ten or more.”- Lucas Walls

A wise person learns from the mistakes of others. Be that wise person and listen to this wound-licking episode of The FasterFreedom Show. Sam and Lucas are the ones licking their wounds on a ‘fix n flip’ that is likely to cost them $75K. It’s not all rainbows and butterflies in real estate – and today, the guys are discussing a pretty big loss on a ‘fix n flip.’

‍

There are lessons to be learned from evaluating your holding costs and not rushing the rehab. Letting a house sit on the market for nine months is enough time to have a baby (as Sam points out). So what’s their plan going forward? Listen in and learn — there are always alternatives to minimize the damage.

‍

There’s also a giveaway worth $25K. And a dog in the studio that’s not behaving itself. And the ‘Net Worth Game.’ It’s classic Sam and Lucas — being honest, authentic, and transparent about what’s working for them in the real estate game. Come and get it!

‍

Here is the giveaway link! https://upvir.al/142510/lp142510‍

‍

“Rushing it, and cutting corners, and doing things like that, usually doesn’t help. Especially in a market that’s not crazy, crazy, crazy hot.” - Sam Primm

‍

“Our initial budget on this house was $60K. When we listed the house, we ended up spending $75K. In the last two years, you could get away with that, but when this market shifted, that’s not something you can get away with. You’ve got to be really dialed in on your estimate to actuals — and have those be as close as possible.” - Lucas Walls