#13 - Clean Profits: Building a Laundromat Empire with Sam Wilson

On this episode of Passive Income Pilots, Tait interviews Sam Wilson, a seasoned real estate investor, entrepreneur, and host of the popular podcast "How to Scale Commercial Real Estate." With over a decade of experience in self-storage, parking, multifamily properties, single-family homes, RV resorts, and laundry facilities, Sam has a diverse background in real estate and business management. He specializes in acquiring and syndicating niche commercial assets that provide stable, cash-flowing returns. Sam shares his journey into real estate, from buying foreclosed homes to building a laundromat empire, offering valuable strategies for navigating depreciation, inflation, and creating recession-resistant businesses. Enjoy the show!

Timestamped Show Notes

(00:00) Intro

(02:39) How Sam got into real estate

(04:24) How foreclosed auctions work

(07:33) Challenges of scaling single-family housing

(09:27) Investing in parking lots and parking garages

(16:26) The importance of skip-tracing in real estate

(19:39) Building a laundromat empire

(30:21) Strategies for consolidation

(34:34) Understanding depreciation in real estate

(37:49) Making a business inflation and recession-resistant

(40:59) Outro

Connect with Sam



Podcast: How to Scale Commercial Real Estate

LinkedIn: https://www.linkedin.com/in/samwilsonhowtoscalecre 

Website: https://brickeninvestmentgroup.com/ 

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Legal Disclaimer

The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions. The hosts, Tait Duryea and Ryan Gibson, do not necessarily endorse the views of the guests featured on the podcast, nor have the guests been comprehensively vetted by the hosts. Under no circumstances should any material presented in this podcast be used or considered as an offer to sell, or a solicitation of any offer to buy, an interest in any investment. Any potential offer or solicitation will be made exclusively through a Confidential Private Offering Memorandum related to the specific investment. Access to detailed information about the investments discussed is restricted to individuals who qualify as accredited investors under the Securities Act of 1933, as amended. Listeners are responsible for their own investment decisions and are encouraged to seek professional advice before investing.