The Daily Real Estate Investor

Josiah Smelser shares his journey from start to financial freedom, and the game charger realization that 10X'd his monthly passive income.

In this episode Josiah (host of the Daily Real Estate Investor podcast) talks about the pivot he made to 10X his portfolio profit as well as his thoughts on investing in cryptocurrency. You don't want to miss this one!

Casey Franchini shares her story of building a second income for her family as a stay-at-home mother of 3. Casey lives and invests in Memphis, TN and has made great traction building her portfolio using the 20% down conventional financing approach while self-managing all her properties. Take some notes!

In this episode, Josiah brings in Megan Greathouse and they discuss lessons learned from 2020 as well as goals for 2021.

Bestselling author (Crushing It In Apartments and Commercial Real Estate) Brian Murray joins the podcast and shares his story of building his real estate business from 0 as a teacher by utilizing creative deal structure and deep-dive analysis. Brian looks for mismanaged properties that have significant promise and once repositioned and cash flowing, Brian reinvests profits which increases NOI and value. This strategy has worked out nicely and he has gained massive momentum and built a sizable portfolio. Brian shares info on his new project in the mobile home investment space as well as info on his new book coming out. Take some notes on this one!

John Fontana joins the podcast today and shares his journey building his portfolio in an expensive real estate market in Florida. John is involved in some really interesting business concepts as well, so I know you are going to enjoy this one!

Shelby Osborne joins the podcast today and shares her journey from the military to building multiple streams of income through some very creative channels. Take some notes!

My good friend Rick Jarman passed away yesterday, and this episode is dedicated to the incredible impact he made. Rick - you are loved, missed, and appreciated!

Today I interview Francisco Miller who received the trail name "Karate Kid" while hiking the Appalachian Trail. Karate Kid went on to get a triple crown by hiking the Appalachian Trail (AT), Pacific Crest Trail (PCT), and Continental Divide Trail (CDT), and now works full time as a trail guide and hikes in his free time. Karate Kid realized (while hiking the AT) that he wanted to make a change in his life to do work he loved and spend his time in a more meaningful way. The AT is something I did in 2008, hiking 1,100 miles from Georgia to Pennsylvania over 3 months, and it is a bucket list item for me to go back and do the entire 2,200 miles start to finish. This episode is less about real estate specifically and more about the time freedom pot of gold at the end of all the real estate work - our "why". Thru-hiking the AT is one of my "whys", and I encourage you to identify and pursue your work with your "whys" providing fuel for your pursuit.

Richard and Melody Locklair join the podcast to share their story of leveraging the Dave Ramsey plan to get out of debt and the BRRRR strategy to build their investment portfolio. The Locklair story is inspiring, and we also talk hunting zombies, so you don't want to miss that! Take some notes!

Today we have Kevin McGrath on the show and he talks investing in industrial. Kevin McGrath (Principal at Cardinal Industrial) began his commercial real estate career in 2007 and in that time has been involved in the leasing, acquisition and disposition of more than $1 Billion in industrial real estate. Prior to joining Cardinal, Kevin was a Senior Vice President at CBRE in Columbus, Ohio. While at CBRE, he held the Society of Industrial and Office Realtors (SIOR) and Certified Commercial Investment Member (CCIM) designations. Currently at Cardinal, Mr. McGrath is responsible for business development and asset management, which include deal sourcing, capital sourcing, establishing and maintaining relationships with operating partners and ensuring successful investment execution. Enjoy the episode!

Brian Burke is the President and CEO of Praxis Capital, a vertically integrated real estate private equity investment firm, which he founded in 2001. Brian is also a member of the Praxis Investment Committee. Praxis operates on multiple platforms, currently managing active syndications for the acquisition of single-family, multifamily and opportunistic residential assets in US growth markets. Over the course of a real estate investment career that began in 1989, the offerings Brian manages have acquired over 750 properties, including over 3,000 multifamily units, with the assistance of proprietary software that he wrote himself. Acquired asset classes include single-family homes, self-storage, mixed-use and large apartment complexes in multiple states. Brian has arranged well over $500 million in debt and equity for Praxis acquisitions. Praxis' current portfolio exceeds $200 million of real estate assets under management. Brian is the author of The Hands-Off Investor: An Insider's Guide to Investing in Passive Real Estate Syndications, and a frequent public speaker at real estate conferences and events nationwide.

Matt Faircloth joins us on the show and shares his story on building his multifamily portfolio by using private capital. Author of the book Raising Private Capital, Matt knows this technique well and shares tips and tricks on how you can leverage private capital to build your portfolio too. If you are interested in coaching or consulting, DM me on Instagram @dailyrealestateinvestor or send me an email at josiahsmelser@gmail.com - enjoy the show!

Nick Troutman joins us today and we dive into the mindset required to tackle and accomplish big goals, both real estate and athletic. Nick is a professional athlete and world-class kayaker, and a heck of a guy to boot. Several good book recommendations can be found at the end, and also check out the craziest thing Nick has done involving waterfalls.

Josiah is interviewed by Nick Troutman on The Art of Awesome podcast, and Nick was gracious enough to allow us to reshare this great episode on our show. We cover the BRRRR strategy, starting before you are ready, the mindset required to tackle your goals, living below your means, and some great books to check out. Nick Troutman is a professional athlete and kayak extraordinaire, so I know you will enjoy getting to know Nick as well.

James Bobo joins us again for his second interview on the show, and again, delivers the goods. We talk through his $40M+ new apartment building project and how one can approach solving big problems by thinking outside the box. Embracing failure and learning is key in the entrepreneurial journey, and James shares his approach to the real estate successes he has experienced to date. James was interviewed on Episode 1 of the Daily Real Estate Investor podcast, so check that episode out as well if you haven't already.

Naaman Taylor joins us today while currently deployed as active duty military and shares his story of building his portfolio using the BRRRR strategy while leveraging his VA loan option. You are going to learn some great tips and tricks on how to grow your portfolio as well as be motivated by Taylor's story. Pay special attention to how you can invest from out of state or out of the country just like Taylor. Enjoy!

Ashley Wilson joins us today to tell her story of starting her investing journey in 1-4 family and successfully transitioning into multifamily investing. Ashley has been involved in over $40M real estate transactions and managed over $5M in construction. Ashley is also working on a new book that you will need to check out and can be found on IG @badashinvestor. You can connect with me on Instagram @dailyrealestateinvestor

Today Rob Bennett and Jarrett Thomas join us and share their story on partnering and building their vacation rental business in Charleston, South Carolina. You will learn how vacation rentals work, the systems you need to have in place to run your business, and the team members needed to operate the well-oiled machine.

Kara Beckmann from Scottsdale, AZ is making waves in the real estate world as she builds her impressive interior design business while also flipping as and building her buy-and-hold portfolio. With an eye for design akin to Joanna Gaines, Kara truly has a gift. Kara talks about leaving her 9-5 to pursue her dream and what it takes to pursue yours. Check out Kara's work on Instagram @beckmannhouse and enjoy this episode!

The Dellefaves have built an investing business by taking control of properties (as the buyer) using creative financing and then doing rent to own (as the seller) to their end tenant/buyer. Joe and Jenn discuss the different cash flow streams that allow you to make money utilizing this strategy, and how rent to own can help people with poor credit purchase their own house.

David Toupin achieved financial freedom in his early 20s by deciding on multifamily and going all in. From living in his apartment complexes and self-managing to connecting with off-market owners to do a deal that seriously moved the needle, David shares his story about how with the right mindset and work ethic, you can accomplish big goals. Take some notes!

AJ Osborne is back to discuss his new book Growing Wealth in Self Storage which debuted on the bestseller list on Amazon. AJ walks us through the basics of investing in self-storage and the mindset that is required to make progress as an entrepreneur and investor. Take some notes!

Sarah Brandenberger (on Instagram as @nerdsguidetofi) shares her strategy of combining real estate investments with more traditional investment options to reach financial independence as quickly as possible. Sarah has made some successful strides by eliminating debt and pouring investment capital into cash-flowing rentals and is on track to blow her FI goal out of the water. Sit back, relax, and have a rotten time!

Cole Rudd Johnson shares his story on how he went from cold calling leads for hours a day to bringing in some major checks consistently through closing wholesale deals. Cole shares how he locates off-market deals and how he built his system to leverage others to scale the process. Enjoy this one!

Gabriel Hamel (Ugene, OR) shares his story on how he built a 175 unit portfolio mostly using seller-financing. Gabriel owns mobile home parks, small and medium multifamily,  some single-family, and mixed-use commercial. This is a great one!

Mark McMahon shares his story of overcoming adversity to build his real estate portfolio while living in one of the hardest markets to invest in (California). Mark shares tips and tricks on leveraging private money to purchase and renovate properties as well as the mindset it takes to persevere as you experience failures. Mark is a great guy and can be found doing Instagram lives from time to time with Rick Jarman. Enjoy folks!

In this episode, we interview none other than Brandon Turner, real estate investor and host of The Bigger Pockets podcast. Brandon walks us through his logic for getting into real estate investing, his current strategy, and explains how to use the BRRR strategy to build your investment portfolio.   Links: Follow Josiah on Instagram: @dailyrealestateinvestor Purchase Dream It and Build It: How to Crush Your Real Estate Investing Goals by Josiah Smelser Subscribe on YouTube: The Daily Real Estate Investor

In this episode, Mindy Templeton and I discuss financial freedom and how to achieve FI through real estate investing with a 9 to 5 job. Mindy discusses her plan and goal to grow her portfolio and eventually leave her 9 to 5, and we dive into various aspects of investing through retirement accounts as well as traditional routes to reach her FI goal. Enjoy! Links: Follow Josiah on Instagram: @dailyrealestateinvestor Purchase Dream It and Build It: How to Crush Your Real Estate Investing Goals by Josiah Smelser Subscribe on YouTube: The Daily Real Estate Investor

This episode is going to inspire all that listen. Mike Ealy takes us through his journey from crashing and burning with his car wash business and going broke to owning over 1,000 multifamily doors and being able to do life-changing stuff like pay his Mom's mortgage off and buy his partner a car in cash. We walk through mindset and discuss how to think bigger in order to get massive results that will change your life and the life of those around you. Buckle up! Links: Follow Josiah on Instagram: @dailyrealestateinvestor Purchase Dream It and Build It: How to Crush Your Real Estate Investing Goals by Josiah Smelser Subscribe on YouTube: The Daily Real Estate Investor

Alex Camacho shares his story and experience building his real estate business from square one. Living and working in California, Alex shares his strategy on how to make money in a real estate market regardless of how expensive the market has become. Alex discusses direct marketing, the hustle it takes to build your business, and how to scale your learning experiences to create true progress. You will really love this episode!

Chris of the Stealthy Rich shares his story of building a portfolio of 56 homes in the Houston, Texas market using the BRRRR strategy (buy, rehab, rent, refinance, repeat). Chris has experienced great success in finding deals off-market and shares how you can do the same. Take some notes, ladies and gents! Links: Follow Josiah on Instagram: @dailyrealestateinvestor Purchase Dream It and Build It: How to Crush Your Real Estate Investing Goals by Josiah Smelser Subscribe on YouTube: The Daily Real Estate Investor

Ryan Chaw brings the heat today and shares how he leverages student housing investments to maximize cash flow by renting his properties by the room. As a pharmacist by trade, Ryan has built his real estate portfolio all while keeping his day job. Take some notes!

We are back with another episode promising not to disappoint. Kata Walters shares her story on going from full time modeling to building a healthy six-figure passive income stream from her rental portfolio. Kata invests in markets outside of where she lives, and we discuss how you can do the same. Kata has the coolest accent of any guest on the show so far, and I know you will love this episode! Take some notes.

Kelly Skeval has been an agent on House Hunters not once but twice, and has used her real estate expertise to build an investment property portfolio in Ithica, New York using the stack effect. Kelly shares her step by step journey so you can do the same. This is a great story and a great guest!

This episode I interview Whitney Sewell with Life Bridge Capital. Whitney runs The Real Estate Syndication Show and has made massive progress moving from serving in the military to apartment investing. Take some notes on this one!

Ryan Murdock shares his real estate investing journey from 9-5 to moving to Hawaii to work with Brandon Turner (Bigger Pockets) as they build a mobile home park fund/portfolio. Ryan shares his wisdom on how to invest in mobile home parks as well as how to build your team. This is a great one!

Josiah interviews on AJ Osborne's podcast CashFlow2Freedom, and the two discuss the mindset required to build and scale your business. Enjoy this one friends - it is one of our favorites so far!

Today I interview Ian Reeves who lives and owns properties in the Kansas City, MO market. Ian and his partner have built a sizeable portfolio of 1-4 family rentals as well as apartments, and have learned a ton over the years doing this from the ground up. Ian shares his path from cubicle dweller to leaving his 9-5 and doing real estate full time, and also provides tips on how to maintain your rental portfolio once you have acquired your properties. Take some notes on this one - its a great one!

Rick Jarman invests old school by keeping it simple and sticking with what has worked for him. Rick tells his story of how he started humbly, weathered the real estate downturns,  and built a large portfolio of nearly completely paid for single-family rental properties. By doing hundreds of deals through the years, Rick has figured out what works. Take some notes and enjoy this great episode!

Lee Fjord shares his investing story and addresses the mindset one must have to scale from single-family investments into bigger multifamily deals. Lee recently took down a 38 unit apartment complex in St. Louis and plans to continue to do more multifamily deals as he scales his portfolio. This is a great episode regarding mindset towards growth and continuing to build momentum over time.

Felipe Mejia hails from Nashville, Tennessee and has created a cash-flow machine using a value-add system with single-family investment properties. Felipe renovates each home and then rents by the room. Felipe is chasing financial independence in a legit way and has $60k in passive income from just 5 properties! Take some notes and be prepared to be inspired!

On this episode, we interview Darin Batchelder, a multifamily investor from Dallas, Texas. Darin has invested in seven deals as a passive investor (limited partner) as well as a syndication deal he put together as the principal (general partner). Darin started investing in multifamily only 2 years ago, so there are a number of tips here for those looking to make traction in apartment investing. Check out Darin's book recommendations as well as the trait he identifies as the number one thing you need to be a successful real estate investor.

Today we are interviewing Candace Pilgrim, Managing Partner of Apollo Capital, LLC. Candace shares her story of making a career change to pursue apartment investing full time, and how she invested as a limited partner in three syndication deals totaling 498 doors as well as closed two of her own apartment deals in Birmingham, AL totaling 136 doors. Check our Candace's book recommendations for anyone interested in apartment investing!

Ashley Kehr lives with her family on a dairy farm in rural New York and shares how she has partnered up and scaled her real estate investing portfolio to 34 doors over the last 5 years. Ashley shares some applications that will streamline your investing game as well as how she has used a line-of-credit and the BRRRR strategy to build her portfolio. Check out her book recommendations at the end of the episode as well! As always: sit back, relax, and have a rotten time!

There are a number of paths to financial freedom through real estate investing, and today's guest Richard Carey chose the debt-free route. Richard is less than a year from retiring from his day job and owns 20 properties with no debt and robust cash flow. Richard shares how you can use this same strategy to build a cash-machine for yourself. As always: sit back, relax, and have a rotten time!

In this episode, AJ Osborne shares his incredible story of his real estate portfolio literally supporting his family for months as he lay unable to move in a hospital bed. This episode is packed full of pure gold regarding mindset towards overcoming adversity, mindset towards scaling your business, and how to position yourself and your investments to take care of you in a pinch. Do yourself a favor - take some notes and apply the wisdom AJ shares to your own journey. Sit back, relax, and have a rotten time!

In this episode, Brittany Arnason shares her story about building her six-figure income through DIY rental property investing. Brittany tells us how she funded her first deal, her criteria for her acquisitions, and how to build your social media presence. Check out Brittany on Instagram @investorgirlbritt and view her past and current renovation projects!

In this episode, Mel and Dave Dupuis share their story of financial freedom through building their real estate business using OPM (other people's money) through leveraging VTBs (vendor take backs). After a car wreck that nearly took their lives, they made a decision to change the course of their lives and pursue financial freedom with reckless abandon. Dave and Mel have purchased 12 properties in the last 12 months and now own 22 buildings with just under 100 units with a mix of single and multi-family. Don't forget to check out their book on Amazon titled Real Estate Investing Secrets!

In this episode, Steve Rozenberg shares his journey from rockstar pilot to failing his way to millions through his real estate business. As an author, entrepreneur, pilot, speaker, and Harley rider, Steve brings a myriad of diverse experiences that shaped his path in a unique way. Take notes as you build your own success story as Steve has!

In this episode, Josiah is interviewed by Andrew Stotz on My Worst Investment Ever podcast. Josiah shares the hilarious and cringe-worthy story of a flip gone bad, and how you can steps to avoid making some of the same mistakes. Enjoy the anarchy! Links: Follow Josiah on Instagram: @dailyrealestateinvestor Purchase Dream It and Build It: How to Crush Your Real Estate Investing Goals by Josiah Smelser Subscribe on YouTube: The Daily Real Estate Investor