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

INVEST2FI

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.
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!
HOST
Craig Curelop
📸 IG: 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
📸 IG: 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