Episode 201 – Kicking Off Success! Sam’s Story from Buying a Martial Arts School at 16 to Becoming a Co-Living Investor

Have you ever wondered what buying your first business at 16 is like? In this episode of the Invest2Fi podcast, I have Sam Wegert, The CoLiving Guy and Founder and CEO of UpLevel Martial Arts. Sam is a coach, investor, and entrepreneur who shares his story of buying his first business, a martial arts school, at just 16 years old. He talks about growing and scaling that business to a seven-figure exit and the transformation he underwent after exiting a business that had been his whole life. Now, he has transitioned his identity into a real estate co-living investor.

Throughout his career, Sam taught martial arts for a decade and began investing in real estate through short-term rentals and co-living properties. Now, he owns eight short-term rentals and 115 co-living beds.

Curious about how he did it? Don’t miss this exciting episode on co-living real estate investing! Tune in to hear Sam Wegert’s incredible journey from martial arts to real estate and learn valuable insights on how to succeed in the co-living and short-term rental markets.

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Watch the episode here

Listen to the podcast here

 

Podcast Highlights:

[00:00] Introducing the Guest

[03:18] Starting from the beginning of Sam’s story

[06:44] Martial arts training and teaching experience

[10:37] How was running a school at 16 years old

[19:27] How did he manage the finances of the school

[25:34] How would you find people to put in charge of business

[30:00] Importance of cash flow in real estate investing

[33:48] Sam’s first deal

[43:31] Cash cow: Real estate or martial arts studio

[49:01] Starting the co-living venture and recognizing its potential

[54:02] Challenges in tenant onboarding and room-filling

[59:07] Diversification and managing risks in coliving investments

[01:06:14] The Final Four Game!

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Important Links

HOST
Craig Curelop   
📸 Instagram: https://www.instagram.com/thefiguy   
📘 Book: https://store.biggerpockets.com/products/the-house-hacking-strategy   
🏘️ Buy Real Estate: https://bit.ly/3V3QDze   

GUEST

Sam Wegert

📸 Instagram: https://www.instagram.com/samwegert/

💼 LinkedIn: https://www.linkedin.com/in/sam-wegert-a547ab54/

💻 Website: https://samwegert.com/

🎧 Youtube: https://www.youtube.com/@scaleyourrealestate

🎤Podcast:https://podcasts.apple.com/ph/podcast/scale-your-real-estate-show/id1702820329

 

Resources and Links Mentioned in the episode:

📘 Your Next Five Moves: Master the Art of Business Strategy

📘 $100M Leads: How to Get Strangers to Want to Buy Your Stuff

📘 Trump: The Art of the Deal

 

Check out the recommendations here:

🔗 Affiliate Links

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2. We’re growing our team in all 50 states! If you’re an investor-friendly real estate agent looking for a top 1% team, reach out here: com/apply/
3. Check out his book recommendations here:
   1. Best Ever Apartment Syndication Book by Joe Fairless and Theo Hicks – https://a.co/d/0P7SGzt