You Can't Have True Wealth Without a Property Empire | With Sam Faster Freedom
The Money Podcast - A podcast by Rob Moore
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.