You Can't Have True Wealth Without a Property Empire | With Sam Faster Freedom

Aug 24, 2023

Real estate entrepreneur and content creator Sam joins Rob to discuss insights on entrepreneurship, real estate, and building a successful empire. Topics covered include the advantages of owning over renting, accumulating wealth in real estate, profitable margins in education businesses, and creating your own wealth path through borrowing money.

Ask episode

Chapters

Transcript

Episode notes

Introduction

00:00 • 2min

Holding Properties for Long-Term Wealth

01:51 • 16min

Differences in Sayings, Investing in Bigger Properties, and Shifting to Mid and Short-Term Rentals

18:11 • 4min

Favorite Aspects and Challenges

21:45 • 8min

Owning vs Renting: Benefits and Considerations

29:40 • 15min

Confrontation with Dave and Disagreement on Financial Success

44:31 • 9min

Owning 100% of Investments and Buying Locally

53:38 • 8min

Sam is a real estate entrepreneur and content creator who captures millions of views across platforms. Rob and Sam discuss insights and wisdom on all things entrepreneurship, real estate and how you can build a successful empire.

KEY TAKEAWAYS

Wealth in real estate is accumulated over time, it’s better to build a portfolio over a long period rather than ‘flipping’ properties.
The margins and profits for both Rob and Sam’s education businesses are lucrative and can help plug cash flow gaps during more turbulent times.
Operationally, buying, selling and renting houses can be a headache, this is why Rob prefers the training side to his business.
Both Rob and Sam agree that it’s better to own your own house than rent.
Only the interest element of owning a house with a mortgage is ‘dead money’, you are paying your debt down whilst the house is increasing in value.
If you don’t have the money or cash that’s ok, someone else can see the value and provide it for you as long as you are buying an asset that will increase in value.

BEST MOMENTS

“I find real estate quite boring”

“You can pivot a lot easier in the education space especially if you have eyeballs that trust you”

“Your end goal should be to own a house”

“You can literally create your own wealth path by borrowing money”

VALUABLE RESOURCES

https://robmoore.com/

bit.ly/Robsupporter

https://robmoore.com/podbooks

rob.team

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

“If you don't risk anything, you risk everything”

CONTACT METHOD

Rob’s official website: https://robmoore.com/

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979

See omnystudio.com/listener for privacy information.