Welcome to the PT Legends Blog—your go-to resource for actionable strategies, success stories, and expert insights to elevate your fitness business. Whether you're aiming to boost revenue, enhance client retention, or achieve greater freedom, our content is tailored to guide you every step of the way.
🏢 The Wealth-Building Strategy No One’s Talking About 🏢
Welcome back to The Profit Lifestyle for Fitness Entrepreneurs with your hosts Scott Carpenter and Andy Boimila!
In today’s episode, we dive deep into commercial real estate—and why owning the building your gym is in could be the smartest (and most lucrative) business decision you’ll ever make.
💸 Still paying rent? You might be missing out on a wealth-building machine hiding in plain sight. Scott and Andy break down how gym owners can build long-term financial freedom by making smart real estate moves—even if they’re starting with bad credit or no money down.
Whether you’re just starting out or you're a few years into gym ownership, this is the kind of wealth play that can change your life.
What You’ll Learn in This Episode:
✅ Why real estate is the most forgiving asset class
✅ How gym owners can leverage SBA loans (with 1.67% interest rates 😱)
✅ The story of going from bad credit and broke to millions in real estate
✅ How a $450K project turned into a $1M+ property
✅ Why renting could cost more than owning (even with a mortgage)
✅ Creative financing strategies including seller financing & low down payments
✅ How one gym owner sold her building and walked away with 7 figures
✅ Andy’s story: How a 3-family home turned into a $500K windfall
✅ Real estate as an inflation hedge + passive income stream
This episode is real, actionable, and exactly what gym owners need to hear if they want to stop trading time for money and start building generational wealth.
When You’re Ready… Here Are 3 Ways We Can Help You:
1️⃣ Subscribe to the podcast so you never miss an episode
2️⃣ Join our community for gym owners & fitness entrepreneurs: HERE
3️⃣ Book a free call with us on how to create a profitable fitness business: HERE
🔥 It’s time to build a business that gives you both income AND freedom. Let’s go!
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