37 min

$40 Million in Real Estate And the Benefits of Social Media with Sam Primm | EP104 Working Capital The Real Estate Podcast

    • Investing

Sam Primm is a Real Estate Investor, Educator with over 40 million dollar Real Estate using people's money  He started a successful Rental Real Estate company, Wholesale company and he does Flips as well.  In this episode we talked about:
* Sam’s  Bio & Background
* The First Investment in Real Estate
* Using Other People's Money to Buy Real Estate
* Network Building
* Private & Institutional Lenders 
* Capital Structure
* Interest Rate Risks
* Journey on Social Media
* The Process of Property Acquisition 
* Mentorship, Resources and Lessons Learned Useful links:
Book “Pitch Anything” by Oren Klaff
Book “Eat that frog” by Brian Tracy
https://www.instagram.com/samfasterfreedom/?hl=en
https://fasterfreedom.com Transciption: Jesse (0s): Welcome to the working capital real estate podcast. My name is Jesper galley. And on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. Ladies and gentlemen, my name is Jennifer gala and you're listening to working capital the real estate podcast. My guest today is Sam prim. Sam is a real estate investor educator with over $40 million worth of real estate using other people's money.
 
He started a successful rental real estate company, a wholesale company, and he does flips as well. We just kind of went over a little bit about his portfolio right now, Sam, how's it going?
 
Sam (45s): It's going well, man, it's going well, appreciate you having me on.
 
Jesse (47s): Yeah, thanks so much for coming on. I think one thing we miss here in the intro is just the fact that your social media presence with real estate is pretty pronounced. It's part of the reason that we connected, I saw what you were doing online. And I said, you know, I think that listeners would get a lot of value about you coming on, telling your story, and also talking a little bit about that presence online. So thanks for coming on. Really appreciate it. Why don't we take a couple of steps back as we normally do here and talk a little bit about your background and how you got into real estate, you know, from, you know, where you started and where you're at today.
 
Sam (1m 23s): Yeah, for sure. So I don't have the most exciting story, like, you know, some guests and some people I know that, you know, came over here or grew up super, super poor and didn't have, you know, much of an upbringing. I had a normal upbringing, you know, my parents were middle-class. My dad was an engineer. My mom was a teacher. My dad worked for the same company for 40 years and retired. That was kinda what I was grown up in. That was kind of how I was raised, you know, save money, save money, save money, invest, and went to college and was kind of planning that path.
 
But kinda during college, I started a, a house, you know, painting company with my buddy. We started to kind of paint in the summers, painted exteriors of houses and fences and decks, kinda got some entrepreneurial itches and then went to school and finished school and then, you know, graduated and got a job out of school. And he got an engineering degree and we were just doing our own thing. And then we started to connect and talk real estate and we decided to go in and buy one house a year for 10 years was our goal. And just kind of start to just see what real estate can do for us on the side.
 

Sam Primm is a Real Estate Investor, Educator with over 40 million dollar Real Estate using people's money  He started a successful Rental Real Estate company, Wholesale company and he does Flips as well.  In this episode we talked about:
* Sam’s  Bio & Background
* The First Investment in Real Estate
* Using Other People's Money to Buy Real Estate
* Network Building
* Private & Institutional Lenders 
* Capital Structure
* Interest Rate Risks
* Journey on Social Media
* The Process of Property Acquisition 
* Mentorship, Resources and Lessons Learned Useful links:
Book “Pitch Anything” by Oren Klaff
Book “Eat that frog” by Brian Tracy
https://www.instagram.com/samfasterfreedom/?hl=en
https://fasterfreedom.com Transciption: Jesse (0s): Welcome to the working capital real estate podcast. My name is Jesper galley. And on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. Ladies and gentlemen, my name is Jennifer gala and you're listening to working capital the real estate podcast. My guest today is Sam prim. Sam is a real estate investor educator with over $40 million worth of real estate using other people's money.
 
He started a successful rental real estate company, a wholesale company, and he does flips as well. We just kind of went over a little bit about his portfolio right now, Sam, how's it going?
 
Sam (45s): It's going well, man, it's going well, appreciate you having me on.
 
Jesse (47s): Yeah, thanks so much for coming on. I think one thing we miss here in the intro is just the fact that your social media presence with real estate is pretty pronounced. It's part of the reason that we connected, I saw what you were doing online. And I said, you know, I think that listeners would get a lot of value about you coming on, telling your story, and also talking a little bit about that presence online. So thanks for coming on. Really appreciate it. Why don't we take a couple of steps back as we normally do here and talk a little bit about your background and how you got into real estate, you know, from, you know, where you started and where you're at today.
 
Sam (1m 23s): Yeah, for sure. So I don't have the most exciting story, like, you know, some guests and some people I know that, you know, came over here or grew up super, super poor and didn't have, you know, much of an upbringing. I had a normal upbringing, you know, my parents were middle-class. My dad was an engineer. My mom was a teacher. My dad worked for the same company for 40 years and retired. That was kinda what I was grown up in. That was kind of how I was raised, you know, save money, save money, save money, invest, and went to college and was kind of planning that path.
 
But kinda during college, I started a, a house, you know, painting company with my buddy. We started to kind of paint in the summers, painted exteriors of houses and fences and decks, kinda got some entrepreneurial itches and then went to school and finished school and then, you know, graduated and got a job out of school. And he got an engineering degree and we were just doing our own thing. And then we started to connect and talk real estate and we decided to go in and buy one house a year for 10 years was our goal. And just kind of start to just see what real estate can do for us on the side.
 

37 min