Investing in Bitcoin Mining with Sam Wilson

Sam Wilson is a self-storage, parking, multi-family apartment, RV park, and single-family home investor, as well as the host of the How to Scale Commercial Real Estate Podcast. Sam has a bachelor’s degree in business finance from the University of Memphis and a Tennessee real estate license. He has a diverse background in business ownership and management, in addition to his years of real estate experience. Sam’s current focus is on presenting nationwide investment opportunities for his personal portfolio and the portfolios of his investors.

Episode Highlights Here:

Sam Wilson:

I know people that know how to do that. So, I’m gonna go into the passive investor and hand them a pile of cash.

Brett Swarts:

What’s the biggest secret that you’ve learned so far in investing in the mining of Bitcoin?

Sam Wilson:

Find somebody else that’s putting together a fund. This is the cheaters’ secret. This is the way I got involved. Because I don’t want to take much as investors come to me. I don’t want to take the time to learn all about the intricacies of how to take down a commercial real estate asset. I don’t want to take the time or don’t have the mental bandwidth to figure out what mining rigs to buy where we place them, what are kilowatt-hours, and what power consumption is going to be. I don’t know how to underwrite it, I have no idea but I know people that know how to do that. So I’m gonna go into the passive investor and hand them a pile of cash and say, go invest it, go mine it and I haven’t quite determined whether or not gonna start reaping proceeds in Bitcoin or reaping it in US dollars, both of which I find are volatile. But that’s the secret I think for me or if you’re interested in it, I have no intention to go out and just openly gambling on the open market buying Bitcoin. That’s not where I am right now. That’s how I got involved and so far, so good. I’m enjoying it.