Sam Primm

$50M in real estate owned 2,000 flips/wholesales Here to help you achieve financial freedom through real estate 👇Join free community👇

[Sam Primm @fasterfreedom]

The median 401k at 65 is $88,000.

The median homeowner has $198,000 in equity.

The homeowner used the bank's money to get there.

The 401k holder used their own.

Same economy. Completely different math.

[Sam Primm @fasterfreedom]

$50,000 down on a $250,000 rental.

Tenant pays the mortgage.
It’s worth $500,000 in 15 years.
IRS gives you yearly tax savings.
You collect cash flow every month.

Tell me any strategy that does all four of those at the same time…

[Sam Primm @fasterfreedom]

@DonClerks lol

[Sam Primm @fasterfreedom]

Poor people spend money

Normal people save money

Wealthy people invest money

Free people leverage money

[Sam Primm @fasterfreedom]

Aggressively buy real estate for the next 5 years.

AI is reshaping industries.
Inflation is reshaping dollars.

The rent check on the 1st doesn't get reshaped.

[Sam Primm @fasterfreedom]

Most people are onelayoff away from crisis.

Not because they didn't work hard.

Because they built income instead of assets.

Income stops when you do.

Assets don't.

[Sam Primm @fasterfreedom]

Yeah… max out your 401k every year for 40 years.

Hope the market cooperates.
Hope you don't need it early.
Hope inflation doesn't eat it.
Hope the government doesn't change the rules.

Or buy a rental property and remove hope from the entire equation.

[Sam Primm @fasterfreedom]

Every month you wait to buy a $300K rental costs you:

$1,000-1,250 in missed appreciation.
$250-500 in debt paydown.
$300-400 in cash flow.
$800-1,200 in tax savings.

That's $2,350-$3,350 a month.

Waiting isn't safe. It's a monthly bill you don't even know you're paying.

[Sam Primm @fasterfreedom]

@USronaldcarter What horrible advice. In the last 75 years there was one real estate crash. It happens once in a lifetime and wont happen again for a long time

[Sam Primm @fasterfreedom]

@LonestarMoney Do you know how inflation works? LOL

[Sam Primm @fasterfreedom]

The bank pays you 0.5% to hold your money.

Lends it to investors at 7%.

Keeps the 6.5% spread.

Has done this for 200 years.

You've been the product this whole time.

Become the investor.

[Sam Primm @fasterfreedom]

@LonestarMoney Basically even with inflation... so still not making any money!

[Sam Primm @fasterfreedom]

@georger33594738 Re read the post. Unless it will give you a head ache concentrating that hard. We are saying the same thing

[Sam Primm @fasterfreedom]

Your parents' financial advice was built for a world where:

Pensions existed.
Jobs lasted 30 years.
Social Security was solvent.

That world is gone.

The advice stayed.

[Sam Primm @fasterfreedom]

@Billymakessense The advice was fine 30 years ago, it’s not fine now

[Sam Primm @fasterfreedom]

@BraRicky Yes

[Sam Primm @fasterfreedom]

Your comfort zone is the most expensive piece of real estate you'll ever own.

And it's worth nothing.

[Sam Primm @fasterfreedom]

@rashiumapathi Yeap!!

[Sam Primm @fasterfreedom]

Every rental property I ownwakes up every morning and goes to work.

Without an alarm clock.
Without a sick day.
Without a raise request.

Build a team that never quits.

Buy assets.

[Sam Primm @fasterfreedom]

Harsh truth:

Your job is the most fragile financial plan you've ever made.

One meeting. One email. One restructure.

And the whole plan falls apart.

An asset has never once been laid off.