Ways Rich People Make Money With Debt | Sam Primm
Wealthy Way
Creative Money Making Methods with Debt
The speakers discuss their creative ways of making money with debt, including midterm rentals, short-term rentals, and buying properties at a discount. They emphasize the importance of staying active and adapting to current market conditions.
Sam Primm, known as "Faster Freedom" on TikTok and is a proponent of responsible debt use, is the opposite of financial expert Dave Ramsey.
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Connect with Sam!
Instagram - https://www.instagram.com/samfasterfreedom/
Podcast - https://podcasts.apple.com/us/podcast/the-fasterfreedom-show-real-estate-business-life-finance/id1638026588
Sam's real estate ventures focus on the Midwest. The conversation underscores the importance of persisting in the real estate industry, even during economic downturns, as it's a long-term game with numerous variables.
Ryan's philosophy emphasizes not immediately investing in rental properties if you have limited funds. He suggests starting with flipping properties to generate active income. Once you've mastered flipping and wholesaling, you'll be better equipped for rental properties.
Sam's strategy for standing out in the real estate industry includes consistently delivering on commitments, effective communication, and a focus on being respectful and humble enough to ask questions.
The discussion touches on the aspiration of owning a sports team, even if it may not be the most profitable venture.
The conversation delves into content creation, highlighting the importance of watch time over views. Long-form content and podcasts, despite their slower growth, can build deep followings and credibility.
Success, as Sam describes, involves repetition, even when profitability is slow, and doesn't always stem from pure passion. This relates to the "hedgehog conce
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About Ryan Pineda:
Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue.
Ryan has amassed over 2 million followers on social media and has generat...
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