The Profit Lifestyle for Fitness Entrepreneurs

Episode 182: Making $2M By Buying Your Gym’s Commercial Real Estate


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🏢 The Real Estate Blueprint for Gym Owners & Entrepreneurs 🏢

Welcome back to The Profit Lifestyle for Fitness Entrepreneurs with your hosts Scott Carpenter and Andy Boimila!

This week’s episode is pure gold if you’ve ever dreamed of owning the building your gym operates in—or simply want to start building serious wealth outside your business. Scott breaks down exactly how he bought his gym’s commercial space, turned a $61K down payment into a multi-million dollar real estate asset, and the real math, red flags, and creative hacks you need to know before you even think about signing a lease again.

This isn’t theory. This is what Scott actually did—and how you can too, whether you’re years away or ready to pull the trigger now.

💬 PLUS: You’ll hear the incredible story of a gym owner in their community who went from crammed townhome living to buying his dream family home—just 8 weeks after launching his high-ticket offer.

What You’ll Learn in This Episode:

✅ Why owning your building can add 6 to 7 figures to your net worth

✅ The truth about SBA 504 loans—and how Scott got a 1.67% interest rate

✅ A breakdown of real monthly costs vs. rent (spoiler: it’s cheaper to own)

✅ How to find off-market deals and negotiate directly with sellers

✅ The zoning trap that nearly cost him $160K—and how he avoided it

✅ What to watch out for when dealing with landlords, city permits, and remodels

✅ Real examples of seller financing, bridge loans, and appraisal strategy

✅ The exact math showing how he’ll earn over $100K/year in passive cashflow

✅ Tips for building long-term wealth with either residential or commercial real estate

✅ Why this isn’t just for big players—and how you can get started right now

Whether your goal is to buy your first home, escape a bad lease, or build long-term passive income… this episode will stretch your mindset, give you tools, and show you how to play a wealth game most gym owners ignore.

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 free Facebook group for gym owners & fitness entrepreneurs:

👉 https://www.facebook.com/groups/474001787163211

3️⃣ Book a free 1:1 strategy call and let’s talk about your business, your goals, and what’s possible:

👉 https://ptlegends.com/1on1call

🔥 It’s time to stop renting your future. Learn to own it instead.

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The Profit Lifestyle for Fitness EntrepreneursBy Scott Carpenter

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