222. Changing Lives, Improving Communities, and Growing Wealth with Sam Sells

31/10/2023 51 min Episodio 222
222. Changing Lives, Improving Communities, and Growing Wealth with Sam Sells

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Episode Synopsis

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.    On this episode of "The Wake-Up Call", Host Paul Thompson shares a great conversation with Community Shaper and Real Estate Syndication expert, Sam Sells. The two discuss the benefits that Real Estate can provide to large groups of people, beyond the obvious potential for growing your own wealth and portfolio.   Sam's Wake-Up Call came when he started to make money, but wasn't making an impact. He has always been keen on helping others and transforming communities, and he's developed a fantastic way of using Syndication to invest into underserved neighborhoods. Sam and Paul go into detail about the methodology of Sam's Syndication, what's working and what isn't, and how you can get involved and get started.   Key Points From This Episode:    Find a Coach or Mentor– Namely someone who has been in the business for a while There's no problem with 3rd Party Property Managers if you don't have a large presence in a market. "High Impact Deals" are challenging projects, but are worth the investment for the improvement of the community. A "Rate Cap" is something you can add to a loan that caps the most an interest rate can float to… for a premium rate. Be Open to different kinds of deals. 60/40 Deals, 50/50 Deals, Waterfall deals, etc. are all possibilities depending on the type of property and the situation. Setting Up a Fund is More Difficult Than Expected… But Worth it.   ► Resources How can I help you?  Book a 1 on 1 strategy session here  https://bit.ly/4bXI1CQ Looking for your commercial deam partner? Learn more https://shorturl.at/AzEip Opt in to my newsletter  https://shorturl.at/kxMO8 My social media accounts https://linktr.ee/pauldavidthompson Check out my blog https://pauldavidthompson.com/blog/ Listen to my latest podcast episodes  https://pauldavidthompson.com/podcast-2/ Build your real estate portfolio hassle free with our Partner's at SHARE. https://calendly.com/sfrteam/pdt-share?month=2024-04 Ready to revolutionize your content production? Try Riverside.fm. https://riverside.getrewardful.com/signup Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide   About Today's Guest: Sam Sells is a master of Real Estate Syndication through his company, Wild Mountain Capital. He's traveled the world as a part of the Air Force and eventually saved up enough money to begin investing into Mobile Home Units with his father. Just 6 months after their initial investment, the two were gaining $12,000 in cash in passive income. Now, Sam has many properties all over the country, and teaches others how to get into the field of Real Estate as well, changing lives and transforming communities along the way.  

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