POPULARITY
Hosted by jennings smith
In today's episode, Jennings Smith shares a story about meeting his future wife, Jessica. From there, he talks about the importance of making tough choices to achieve something great, even if it means giving up something good. Along with his personal story, Jennings explains how this can be applied to a career in real estate. He offers practical advice to deal with the challenges of transitioning. Listen now! Show Highlights: Learn how this person met his future wife [05:02] The choice between stability and potential growth [05:45] Learn about trading your old life for a new one [06:31] Do you want to repeat the same year of life over and over? [07:29] The importance of shedding old habits to develop new ones [08:37] Find out the cost of inaction that you pay [09:27] Discover the core secret of being happy [10:33] Decide what you are going to lay down [11:07] Connect with Jennings on Instagram: @jenningsfostersmithjr
In today's episode, host Jennings Smith talks about what he learned from playing in a tough pickleball tournament. He realized that improving in pickleball is a lot like getting better in real estate. You need to practice the basics over and over again, even if it's hard. Jennings shares tips on how to focus on the right tasks to succeed and get great results. If you want to learn the drills for real estate success, listen now! Show Highlights: How do you realize your true potential? [01:52] Navigating the path of getting better at what you do [04:35] Doing this won't improve your game [04:47] How can you turn your weaknesses into strengths [05:34] Ensuring quantifiable improvement in your real estate journey [07:45] These are the drills for real estate mastery [07:56] Adapting and changing for higher success [08:37] The importance of building the right relationships [09:27] Connect with Jennings on Instagram: @jenningsfostersmithjr
In today's episode, host Jennings Smith will take you behind the scenes of an exclusive dining experience at Chubby Fish in Charleston. You are going to learn how special experiences can change everything. From innovative solutions for aspiring multifamily investors to rethinking your business model - this episode has got it all. If you are excited about big ideas and building a strong future, listen now! Show Highlights: Can a restaurant's experience make you rethink your business model? [05:16] The importance of being good at your core product [06:12] Learn about the real big problems in real estate [08:00] Discover why things worth doing are never easy [09:10] Here is what you need to know about monitoring calls [09:53] Find out the key ways to build a real estate community [11:23] This is why you must implement an accountability system [14:55] How can we keep the momentum in business going? [15:52] Connect with Jennings on Instagram: @jenningsfostersmithjr
Today, host Jennings Smith will share his personal story about going from a tough financial spot to making it in real estate. You'll hear how he faced big debts and failed investments but kept on trying until success came. Find out the key moments and steps that helped Jennings turn things around and make a name in real estate. Whether you're new to investing or have some experience, this story will show you why it's important to start and keep going, no matter what. Tune in and get ready to hear how you can achieve your goals too! Show Highlights: What happened to a post sent on Craiglist 14 years ago? [00:23] Discover this transformative story of overcoming dark times [01:15] Learn about the ultimate truth behind failing [02:13] Here is how you can deal with continuous rejections [03:51] Do you know why the first win matters the most? [05:09] This is why you must fail forward to achieve more [06:31] Learn the importance of experiencing pain [07:18] The real reason some people are never able to win [08:32] Connect with Jennings on Instagram: @jenningsfostersmithjr
In today's episode, host Jennings Smith will share some exciting stories from the world of real estate with you. Meet "Tim," who almost lost a 50-unit building deal but ended up with a 79-unit success. And hear about Jenning's sister Crystal, who faced big problems in her deal but still made a huge profit of $900,000. If you need a boost and some smart tips for real estate investing, you'll want to listen in. This episode might just give you the spark you need to make your next big move! Show Highlights: How to pursue a deal when one partner flakes out? [01:40] Learn to navigate failed deals with this transformative story [03:28] Is there a way to prevent setbacks completely? [04:17] Are you willing to give up on your dreams? [05:30] This is how you can stop lying to yourself [06:29] Do you know how to interpret setbacks positively? [09:17] Discover the path of self-reflection for future wins [10:10] Learn to believe in yourself when setbacks hit [13:29] Connect with Jennings on Instagram: @jenningsfostersmithjr
Jennings Smith shares his journey from being a contractor to becoming a successful real estate investor. He started in single-family homes and eventually transitioned to multifamily properties. Jennings emphasizes the importance of shifting your mindset and identity to that of a real estate investor. He also discusses the criteria he looks for in markets, including population growth and stability. Jennings shares a specific deal where he was able to negotiate a lower insurance premium and increase the property's cash flow. He also talks about structuring deals with investors and the importance of building a network and surrounding yourself with like-minded individuals. Jennings Smith | Real Estate Background The Deal Room Portfolio: 1280 Multifamily Units, 500 Self Storage Units Based in: Charleston SC Say hi to him at: www.jenningssmithjr.com Sponsors: Passive Investing Mastery Apartments.com Bam Capital
Are you ready to boost your real estate game and improve your life? In this episode, Jennings Smith shares how a simple 30-day fitness challenge changed everything. By exercising, cutting out sugar, and skipping alcohol, he and his group learned how small steps can lead to big successes. Find out how sticking to these goals can help you stay focused and achieve more in your real estate ventures. Listen in to get inspired and start making positive changes today! Show Highlights: Discover the three levels of this transforming fitness challenge [01:46] How to convince people without saying a word? [03:16] Do you know the key to being wildly successful in life? [04:28] Learn where confidence comes from [06:38] How you do anything is how you do everything [07:57] This is the reason why people stay stuck in life [09:46] Find out the source of real happiness [13:18] The direction to move forward with purpose and intent [14:50] Connect with Jennings on Instagram: @jenningsfostersmithjr
In this episode, Jennings Smith shares stories about real estate deals and how he turned missed opportunities into successful ventures. By building relationships and thinking creatively, Jennings was able to make profits in the real estate market. You'll learn valuable strategies for finding and seizing profitable opportunities in the real estate industry. Tune in to discover how you can make smart investment decisions and grow your wealth through real estate investments. Show Highlights: Discover the secrets to seizing real estate opportunities. [00:18] Learn how a failed condo project was turned into a massive success. [01:26] What if you could turn your financial troubles into a lucrative opportunity? [05:08] Here is how you can think outside the box. [06:57] How to build trusting relationships in real estate investing? [10:05] Learn how this deal was secured with a short-term loan. [12:29] Investing in commercial real estate. [13:12] Did you know that relationship capital can be as important as financial capital? [16:29] Connect with Jennings on Instagram: @jenningsfostersmithjr
Have you ever thought being too cheap could actually cost you more? In this episode of "Unlock Your Life", Jennings Smith talks about a fun story from a pickleball tournament in Atlanta. By choosing to buy more expensive VIP tickets, he ended up meeting important people and had a much better time. This made him think about how sometimes spending a little more can lead to great opportunities. Real estate investors, listen in to see why upgrading your choices might open doors to bigger and better deals! Show Highlights: Are people in real estate cheap? [00:25] How does spending a little extra prove to be worth it? [02:56] Why being cheap is not always the best option? [06:16] Discover how networking led to game-changing connections. [06:35] Learn about the benefits of making meaningful connections. [07:47] What does it take to be in the right room? [08:06] Are you aware of the mindset that operates behind going cheap? [10:39] Are you missing out on phenomenal experiences? [12:43] Connect with Jennings on Instagram: @jenningsfostersmithjr
In this episode, host Jennings Smith discusses a real estate deal involving a 108-unit complex in Houma, Louisiana. Jennings explains the challenges they faced, including high insurance costs and potential hurricane damage, and how they managed these issues to turn the investment into a profitable one. He'll cover the steps taken to reduce expenses and increase the property's value. This case study provides practical insights into thoughtful investing and strategic planning. Tune in to learn from a straightforward breakdown of successful real estate investment. Show Highlights: Are you ready to know the details of a successful deal? [00:40] Conquering the doubts when securing a deal. [02:52] Here is your guide on navigating insurance issues. [06:27] This is the right direction for your due diligence. [07:06] Learn what needs to be done to secure favorable financing. [09:00] How did a simple loan request turn into a thrilling negotiation? [09:37] Discover the ways to maximize the NOI. [12:52] Ready to learn how to refinance and make millions? [13:52] Connect with Jennings on Instagram: @jenningsfostersmithjr
In this episode of Unlock Your Life with Jennings Smith, we talk about the world of real estate deals and uncover a diamond in the rough. Jennings walks us through a deal that initially seemed challenging but revealed massive potential through strategic problem-solving and creative thinking. From networking to finding opportunities, securing funding, and navigating due diligence, Jennings provides a detailed account of the journey. Join us as we explore the intricacies of multifamily investments and learn how to unlock your life by seizing opportunities and building valuable connections. Show Highlights: Learn about the strategies for securing deals. [03:25] Is networking helpful in securing deals? [03:53] How did a failed all-cash offer turn into a successful deal? [04:24] What are the factors that impact a property's profitability? [08:32] Is it possible to find a less restrictive insurance policy? [09:43] Discover how effective management strategies boost the NOI. [10:48] This is why agency debt is not the most lucrative option. [13:42] How to revamp a cash-draining business successfully? [15:55] Connect with Jennings on Instagram: @jenningsfostersmithjr
In this episode of Unlock Your Life, Jennings Smith opens up about his journey of chasing success and the hard-learned lessons that came with it. With refreshing candor, he shares his experiences of pursuing various opportunities, from Amazon and Walmart stores to launching a crypto token and arbitrage trading. Understanding the struggles and triumphs of navigating through these ventures, Jennings generously offers ten invaluable principles that have guided him in making sound decisions. Tune in as Jennings provides practical advice on finding contentment, avoiding debt, and investing in what one truly knows. If you've ever felt the temptation of the "shiny object syndrome," this episode is a must-listen for gaining valuable insights and charting a more thoughtful path to success. Show Highlights: Navigating the world of shiny objects syndrome. [00:35] Have you ever been lured into the world of cryptocurrency and arbitrage trading? [02:28] How do you adapt and find a balance between chasing opportunities? [04:06] Discover what you need to do with consumer debts. [07:11] The importance of right guidance and partnerships. [10:29] Is your business bringing peace or chaos in your life? [12:31] Here is how you can identify money grabs. [15:02] Learn how to stay mindful of your financial decisions. [16:36] Connect with Jennings on Instagram: @jenningsfostersmithjr
Welcome to "Unlock Your Life" with Jennings Smith. In this episode, Jennings challenges conventional wisdom about real estate investment by exploring the BRRR strategy and its application to apartment complexes. With practical examples and insider insights, he demystifies the process of acquiring, renovating, and refinancing multifamily properties, while also shedding light on the potential rewards and risks involved. Tune in to discover the untapped potential of the BRRR model and gain a fresh perspective on building wealth through multifamily real estate. Show Highlights: Can you redeploy assets from apartment complexes? [01:12] Discover the great potential in real estate investment. [05:46] Learn how strategic renovations can boost occupancy and financial stability. [07:38] Find out how the revenue for this property skyrocketed in a couple of years. [10:06] This is how the strategy of infinite returns works. [14:53] How can you keep testing the market over time? [16:25] Are you ready to start thinking bigger? [19:04] Do this and learn how to secure a million-dollar loan [20:37] Connect with Jennings on Instagram: @jenningsfostersmithjr
Join the latest episode of "Unlock Your Life" with host Jennings Smith as he unravels the practical steps needed to break free from the ordinary and escalate towards your desired future. Through the lens of his own kitchen remodeling experience, Jennings sheds light on the significance of making necessary changes and the value of expertise in achieving desired results. Discover the reality of multifamily sales pitches and the allure of quick fixes, while Jennings uncovers the power of building essential skills and improving oneself. Be prepared to be inspired and equipped with actionable insights to propel you towards a life of fulfillment and success. Show Highlights: Are you hiring the right skilled contractors? [01:02] How can you achieve a 50 or 100 million dollar portfolio? [03:23] The significance of saying no and protecting your time. [07:36] Find out where to start from. [10:37] Are you working on building your skill set? [11:50] Learn about the leverage component in multifamily real estate. [12:20] You must push through the discomfort to grow. [15:53] Discover the power of fitness and self-care. [19:35] Connect with Jennings on Instagram: @jenningsfostersmithjr
In a monumental 100th episode of Unlock Your Life, Jennings Smith reveals the truth behind podcast success rates - 90% don't make it past episode three! But what's the secret to joining the top 1%? Join us as Jennings shares inspiring stories of resilience, uncovers the power of unwavering persistence, and challenges the status quo. Discover the game-changing mindset that can lead you to break through barriers, seize opportunities, and unlock your fullest potential. Tune in and get ready to reshape your destiny! Show Highlights: Why don't 90% of podcasts make it past episode three? [00:45] How to deal with the uncertainty of long term investments? [03:34] Are you giving up too quickly? [04:41] The only thing standing between you and success [09:11] Are syndicators failing investors? [10:05] Would you like to gain sponsors and capital with confidence? [11:09] This million dollar December story will reveal the secrets of progress. [12:17] Discover how utilizing available resources and staying dedicated paid off. [16:00] Embrace persistence, pursue your goals! [18:22] Ever wondered what separates winners from losers? [21:22] Connect with Jennings on Instagram: @jenningsfostersmithjr
Get ready to unlock your child's financial potential in this episode of "Unlock Your Life" with Jennings Smith. Discover how Jennings empowered his own kids with entrepreneurial skills, from investing in cryptocurrency to starting mini-business ventures. Learn how to instill a sense of empowerment and teach essential financial skills to set your child on the path to success. Join us for an inspiring discussion on shaping your child's financial future with practical and engaging strategies. Show Highlights: How to instill entrepreneurial skills in your child [01:30] Teach your kids how to take control of their future [06:38] You won't believe how this kid started a business in a few days! [07:28] Here's a list of soft skills you need to introduce your child to [09:15] Find out how you can make your child a problem solver [11:24] Talk about consumer needs! [14:03] How do the lessons learned from childhood ventures help you in adulthood? [18:25] Encouraging children to think creatively is a must! [19:52] How to save your child from becoming a wage slave [21:10] Connect with Jennings on Instagram: @jenningsfostersmithjr
In this episode, Jennings Smith reveals the risky yet potentially lucrative investment in a 75% vacant 280-unit apartment complex. Get ready to learn about the nail-biting details of this deal, the hefty risks they mitigated, and their bold plan to turn this distressed property into a goldmine. Plus, discover how you could get involved in similar high-stakes ventures. Brace yourself for an eye-opening insight into real estate investing that could change the game for you. Show Highlights: A multi-million deal: Fear or opportunity? [01:02] How to assess a multi-million deal [02:00] Securing a favorable investment deal [10:17] How to meet pro forma and satisfy investors [15:06] Now is the time where preparation can meet opportunity [18:55] The secret to finding off market deals or how to raise capital [19:49] Connect with Jennings on Instagram: @jenningsfostersmithjr
Are you ready for some real talk? In today's episode, Jennings Smith, takes us through the ups and downs of his recent failed deal. From pitching investors to facing rejection, Jennings reveals the challenges he encountered and the valuable lessons he learned along the way. But don't worry, this isn't just a story of failure, it's a story of resilience and the power of connection. Get ready to unlock your life with Jennings Smith. Tune in now! Show Highlights: How a Facebook ad piqued my interest [01:54] Times of decision that can impact your future. [03:52] What did we actually learn at the conference? [04:23] Discover how connections transform lives [08:23] Don't miss your chance to get in the room and build those relationships [10:54] Learn the skill of making money out of profitable deals [12:26] Building meaningful relationships beyond transactions [14:25] Connect with Jennings on Instagram: @jenningsfostersmithjr
Welcome back to The Darin Batchelder Real Estate Investing Show, where today we're joining our guest Jennings Smith in mastering the game of real estate investing. This episode is a journey into the heart of property investments, featuring firsthand experiences, priceless insights, and top insider tips. From structuring creative financing solutions to navigating multifamily, single family, and commercial properties, Jennings offers a roadmap to mastering the real estate game. Discover the importance of understanding your investments, embracing calculated risks, and executing strategies for maximum portfolio growth. For links and resources discussed in this episode, please visit our show notes at https://darinbatchelder.com/mastering-game
Jennings is the CEO of My First Million in Multifamily, co-creator of the coaching and mentor program The Deal Room and the host of Unlock Your Life Podcast. In 2013, Jennings started to purchase rental real estate, and in 2019 moved into commercial real estate, amassing a portfolio of apartment complexes, self storage, and mobile home parks. In three years, his portfolio has grown to over $60,000,000 in value, comprising over 1500 rental units, with $800,000 a month in rents collected. Jennings' passion for real estate and business has blossomed into the education company, My First Million In Multifamily. Boasting the fastest growing and most engaged community on Facebook, the group has over 24,000 members in less than 2 years. With over 300 subscribers paying monthly, his courses and educational products have broken $750,000 in revenue in less than a year. Jennings and his business partner, Yeadon Smith, host a weekly show in the group, as well as running their mentoring program, The Deal Room. Applicants who are accepted into this elite program gain access to their full multifamily course, with live mentoring. Get in touch with Jennings: www.jenningssmithjr.com If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/ Artist: http://audionautix.com/
Jennings Smith runs the Multifamily Deal Room, and has an abundance of knowledge to share with you and anyone looking to get into multi family real estate deals.
Everyone has a goal, but not everyone can reach it. What is the difference between those who succeed from those who do not? In this episode, Jennings Smith, a real estate investor, provides insight on breaking the mental barrier to success with mindset and accountability. He dives into the support you get from people may have a different impact on your success depending on the level of respect you have for them. Even the little things have a huge impact on your success. Tune in to this episode and ignite the spark to unlock your life!
Rent To Retirement: Building Financial Independence Through Turnkey Real Estate Investing
After starting his real estate journey making a nice tenant mistake, Jennings Smith kept plugging away. He had a vision to have 1,000 units in his portfolio and wasn't going to stop until he'd achieved it. Jennings has continued his journey and now talks with Adam Schroeder about how he's continued his journey, the importance of working with people who have been through market cycles, how to evaluate your deals to keep yourself safe, and how he could be 2 years ahead of where he is now with one simple change. Website: www.JenningsSmithJr.com The Slight Edge by Jeff Olson ***Don't forget to leave us a review on your podcast platform, take a screenshot, and email it to podcast@renttoretirement.com to get a $10 gift card and be entered into a $500 closing cost credit raffle that will be drawn on June 30, 2023*** Get your copy of The Top 20 Markets to Invest In in 2023 by emailing a request to podcast@renttoretirement.com -------------------------------------------------------- Website - www.RentToRetirement.com YouTube - www.YouTube.com/RentToRetirement Current Hotlist Properties - www.RentToRetirement.com/Hotlist
Rent To Retirement: Building Financial Independence Through Turnkey Real Estate Investing
After starting his real estate journey making a nice tenant mistake, Jennings Smith kept plugging away. He had a vision to have 1,000 units in his portfolio and wasn't going to stop until he'd achieved it. Jennings has continued his journey and now talks with Adam Schroeder about how he's continued his journey, the importance of working with people who have been through market cycles, how to evaluate your deals to keep yourself safe, and how he could be 2 years ahead of where he is now with one simple change. Website: www.JenningsSmithJr.com The Slight Edge by Jeff Olson ***Don't forget to leave us a review on your podcast platform, take a screenshot, and email it to podcast@renttoretirement.com to get a $10 gift card and be entered into a $500 closing cost credit raffle that will be drawn on June 30, 2023*** Get your copy of The Top 20 Markets to Invest In in 2023 by emailing a request to podcast@renttoretirement.com -------------------------------------------------------- Website - www.RentToRetirement.com YouTube - www.YouTube.com/RentToRetirement Current Hotlist Properties - www.RentToRetirement.com/Hotlist
In this episode I interview Jennings Smith. Jennings is an investor and the founder of My first million in Multifamily. He has built a portfolio to over $60,000,000 in value, in three years, comprising over 1500 rental units, with $800,000 a month in rents collected. His online community has grown to over 24,000 members in less than 2 years. In this episode we talk about his story, but most importantly his step by step process to build a monster portfolio in record time. Enjoy! Follow and Connect with Jennings: jenningssmithjr.com/ Connect with Mentor Nation: Instagram: @mentornationpodcast Youtube Channel: https://www.youtube.com/channel/UC5TKA2_zaflKgLp7-5lUmpg mentornationpodcast.com
Jennings is the CEO of My First Million in Multifamily, co-creator of the coaching and mentor program The Deal Room and the host of Unlock Your Life Podcast. In 2013, Jennings started to purchase rental real estate, and in 2019 moved into commercial real estate, amassing a portfolio of apartment complexes, self-storage, and mobile home parks. In three years, his portfolio has grown to over $60,000,000 in value, comprising over 1500 rental units, with $800,000 a month in rents collected. Jennings' passion for real estate and business has blossomed into the education company, My First Million in Multifamily. Boasting the fastest-growing and most engaged community on Facebook, the group has over 24,000 members in less than two years. With over 300 subscribers paying monthly, his courses and educational products have broken $750,000 in revenue in less than a year. Jennings and his business partner, Yeadon Smith, host a weekly show in the group and run their mentoring program, The Deal Room. Applicants who are accepted into this elite program gain access to their full multifamily course with live mentoring. In this episode, Brad and Jennings discuss starting your real estate investment journey within the realm of multi-family units and how it can be very lucrative. Learn more about Jennings by going to https://www.getinthedealroom.com
Jennings Smith started his real estate investment journey back in 2013 and has amassed a diversified portfolio of apartment complexes, self storage, and mobile home parks. Aside from running his investment firm, Live Oak Capital, Jennings also runs a successful coaching program and is the host of the “Unlock Your Life” podcast. Quote: “The money is made in the operations and if you're not a great operator, that's going to show up.” Highlights: 04:45: How Jennings transitioned from running a construction company to full-time investing 08:05: The difference between operating a mobile home park and a C Class apartment complex 15:15: The markets Jennings spends the most time in right now 17:40: How Jennings is managing his investments in the current market 20:45: Seller expectations of prices right now 23:00: Finding good C class deals 26:00: Handling property and asset management for multi-family properties Guest Website: https://jenningssmithjr.com/ Recommended Resources: Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com. Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
Welcome to another awesome episode of the, We Love Equity Real Estate Show with our special guest. Jennings Smith. Jennings realized the power of cash-flowing real estate early on and decided to educate himself on how to grow that business, not with single-family homes, but by going after multifamily properties. He landed his first apartment deal in 2019 with a JV partnership. From there it grew until he has a portfolio of 500+ units so far. Today, let's reveal his process and strategies. 2:40 Jenning's goal in building wealth, here's how he started. 8:19 How Jennings handles adversity in his real estate journey and things you can learn 09:4 Why did Jennings decide on a trailer? 16:13 Jennings shares his challenges and tips on facing them. 31:50 To become very wealthy, become best at raising money 35:58 Jennings from home trailers transition to the multi-family investor, tips inside. 39:24 On the other side of adversity, there is always a victory. 45:28 Tips on building your Empire - strategies, revealed! 46:26 The HOT Seat Round 49:57 Jennings's first million in the multi-family deal revealed! -- Thanks for listening to this episode! And, if you enjoyed this episode, please share it on social media using the social share buttons below, and don't forget to leave a short review on iTunes. Also, if you want to learn more about real estate wholesaling, feel free to visit my Website and Youtube channel. If you get value from the videos and content we're putting out, please subscribe.⠀ Schedule Your 15 Minutes Free Consultation with Marcus here:
Do you want to generate passive income with real estate but don't have any money to invest? Not to worry, my next guest uses a common strategy of partnering with investors. In this episode, we talk about where to find investors, how to build an audience of investors, how to structure deals, and small improvements you can make to double the property value. Please welcome Jennings Smith. Key Timecodes (00:40) - Show intro and background history (03:59) - Deeper into his background history and business model (07:44) - Some numbers to understand better his business model (13:30) - Where does he find investors to fund the business? (17:38) - His business strategies (20:06) - What are his property earnings and payback time? (22:21) - What are the hot areas to get 100% occupancy (26:11) - What specific renovations and upgrades does he do to properties? (29:12) - How much these improvements allow him to increase the sale price of properties (31:54) - What is his biggest tip for anyone willing to run this type of business? (33:25) - The importance of promoting yourself as a business and building a brand (37:05) - How to communicate the right message to the audience (40:51) - What is the worst business or investment advice he ever received? (42:15) - What is the best advice he ever received? (43:39) - Guest contacts
Enjoy today's episode with successful investor Jennings Smith as we chat about tips to work smarter, not harder, so you can close deals, build your network, and scale your business. He also shares an unbelievable story about how he turned a property around and made extraordinary returns! Key takeaways to listen for The transformative power of value-add real estate investing Networking and capital raising: Challenges, tips, and tricks Strategies to acquire a self-storage facility on your own How much equity should you own in an investment property? Resources mentioned in this episode Crexi MLS.com My First Million in Multifamily About Jennings Smith Jennings has closed a total of $60M from commercial real estate in less than three years without using his own money. He also purchased a distraught 208-unit apartment that was 50 percent vacant with $2M in deferred maintenance, and the all-in cost was less than $8M. It is now appraised at $13M 19 months later. He also built the fastest-growing multifamily-based FB page, with 23,000 members in just a year and a half. He has also taught students how to close over $100M deals. Connect with Jennings Website: Jennings Smith Podcast: Unlock Your Life Facebook: Jennings Smith Instagram: @jenningsfostersmithjr LinkedIn: Jennings Smith TikTok: @jenningsunlocked YouTube: Jennings Smith - Unlock Your Life Connect with Leigh Please subscribe to this podcast on iTunes or the Podcasts App on your phone, and never miss a beat from Leigh by visiting https://leighbrown.com. DM Leigh Brown on Instagram @ LeighThomasBrown. Subscribe to Leigh's other podcast Real Estate From The Rooftops Sponsors Follow Up Boss Start your free, all-access trial today. There's no credit card required. For a limited time, Follow Up Boss is doubling the free trial for CSIRE listeners—that's a full 30 days to see how Follow Up Boss helps you close more deals. LINK: Followupboss.com/crazy Instagram: @followupboss Facebook Page: Follow Up Boss Website: https://www.fubcon.com/ #followupboss Leigh Brown University – New On-Demand TrainingHow to Dominate During This Recession! Enroll Now to get ahead of the curve and learn how to manage changing markets, the action steps for what to do, and most importantly, what to say so that you can secure listings, assist more buyers, and grow your business no matter what the market is doing. Link: http://dominatethisrecession.com
Jennings Smith from My First Million In Multifamily, realized the power of cash flowing real estate early on, and decided to educate himself on how to grow that business, not with single family homes, but by going after multifamily properties. He studied for years to learn the industry, taking multiple courses online. He landed his first apartment deal in 2019 with a JV partnership. From there it grew until he has a portfolio of 500+ units so far. His passion is creating time freedom in his life so that he can focus on leaving a legacy for future generations. Key Highlights- Power of scale- My first million in multifamily FB group- Deriving a budget for renovation projects- Don't sit on the sidelines waiting for the bloodbath- Seeing people close dealsConnect with Jennings: https://jenningssmithjr.com/Follow Rama on socials!LinkedIn | Meta | Twitter | InstagramConnect to Rama KrishnaE-mail: info@ushacapital.comWebsite: www.ushacapital.com
In this week's episode, Kevin interviews the CEO at My First Million in Multifamily, co-creator of The Deal Room and host of the Unlock Your Life Podcast, Jennings Smith. Tune in as we discuss more on how to get to the next level in Real Estate, creative financing, and more!"Get good at something that not everybody can do."-Jennings SmithHere are 5 Key Takeaways from this episode:How Jennings got involved in Real EstateReal Estate is the fasted way to become a millionaireVacancy is a HUGE problem in Single-family homesHow Jennings went from 2 rental homes to $63 million in assets in 3 yearsTransitioning from rental homes to multi-million dollar apartment complexes – it's easier than you think!Honorable Mentions & Useful Links:The Slight EdgeFlip the Script: Getting People to Think Your Idea Is Their IdeaConnect with Jennings Smith:InstagramFacebookYoutubeTiktokLinkedInWebsiteEmail: Jennings@LiveOakRentalProperties.comPhone: (954) 937-3718Ready to take the next steps in your Military Real Estate Investing journey? Watch our Masterclass and claim your EPIC reward for action. Tap here to register today!Are you looking for a loan for your next project? Look no further! Check out ADPI Financial Services for all of your residential and commercial lending needs!No Time...No Worries! Get all the info you need now by texting DEAL to 33777Ready to become a PASSIVE INVESTOR? Check out ADPI Capital™ and learn how you can get started passively investing in commercial real estate for only $500! Tap the link above or text ADPI to 33777Helpful ResourcesConnect with the ADPI: Facebook | Instagram | YouTubeSupport the show
Summary: Economic growth is slowing, and with all of the economic instability, it's necessary to rethink your plan for success. Jennings Smith comes on the show to talk about how you can do this with real estate—specifically the commercial realm. Real estate is one of the best ways to protect yourself from inflation because you can use debt as a lever; cash left sitting around is going to inevitably erode. Jennings provides some information on what's happening in the commercial real estate industry, and gives tips on how to establish yourself whether you're new to commercial real estate or already involved. Listen in for expert insight. Highlights: -We're seeing rising inventory in real estate, and rents are peaking in many markets -He has built up a real estate portfolio of over $60M -Rents are peaking and even dropping. Is this a good time to invest in real estate? -Jennings primarily focuses on commercial real estate. Real estate is one of the best ways to protect ourselves from inflation because you can use debt to lever yourself -This is a great time to get into multi-family real estate; if you leave your cash sitting around, it is going to erode -Prices have cooled off a little bit in the commercial space, but we haven't seen the drastic “fall off the cliff” we saw back in 2010 -Don't sit around waiting; actively look for creative/non-retail price deals -Many people are not incentivized to sell right now -There is a lot more inventory flooding the market with multi-family real estate, but Jennings has not witnessed massive motivation -Many sellers are not willing to take a cheaper price unless they have to -More sellers are open to seller financing and other options -If you don't have a track record, you should probably start with a single family home -Building your reputation amongst brokers can help you generate more deals -If you see a property in your town that is overgrown, this indicates that someone is not happy with their property. Calling the number on the sign and talking to the owner is a great start to sealing a potential deal Useful Links: Financial Survival Network Jennings Smith
Jennings Smith, the co-founder of Live Oaks Rental Property, shares the necessary skills to be successful as an investor and entrepreneur. He discusses some resources that have given him a paradigm shift in his life which ultimately changed how success means to him. With helping others and making a difference in the world as his main driving force, he shares the importance of making a mental commitment to your goals, setting achievable goals, and being accountable to yourself. [00:01 - 08:19] Opening SegmentIntroducing Jennings to the showBrief background and careerBuilding a successful community and mentorship group around multifamily[08:20 - 21:14] Building Communities through Live Oak CapitalHow Jennings found success by creating a group that is focused on real estate investingDesigned for people who are willing to put in the necessary work to succeedThe founder has found that the demand for membership in the group is outpacing the supply and that the group has been successful in attracting high-quality investorsJennings shares his experience with raising capitalFilling up a deal quickly and moving on if the investor is not happy with the offer givenHaving a six-week sprint group where everyone is required to show up every weekThe importance of setting goals and committing to making a difference, even if it means sacrificing some short-term comfort[21:15 - 33:22] THE FINAL FOURWhat's the worst job that you ever had? What's a book you've read that has given you a paradigm shift?Flip the Script by Oren KlaffWhat is a skill or talent that you would like to learn?What does success mean to you?Quotes:“A lot of people can't just take a course and close multifamily. They need a community. They need a network.” - Jennings Smith“The only way to get better is to do something not so good.” - Jennings SmithConnect with Jennings through Facebook and Instagram. LEAVE A 5-STAR REVIEW by clicking this link. WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Support the show
Jennings Smith and his cousin Yeadon Smith are business partners who collectively own approximately 48% of their portfolio, which they were able to achieve through BRRRR-style apartment buying. Jennings got his start as a contractor after earning his builder's license at 19 and began slowly building wealth through real estate. He took Michael Blank's Ultimate Apartment Buyer Guide online course, which helped him syndicate his first 12-unit deal in 2019. Today, Jennings is the co-founder of Live Oak Capital and My First Million in Multifamily. Live Oak Capital is an investment firm focused on multifamily, and MFMIM aims to build networks and communication that help people close multifamily deals. In this episode, Jennings explains why he prefers syndications to JV deals, why he chooses to structure his deals with a 70/30 split with 70% going to the GP, and how identifying his strengths and weaknesses helped him to scale. Jennings Smith | Real Estate Background Co-founder of Live Oak Capital and My First Million in Multifamily (MFMIM). Live Oak Capital is an investment firm focused on multifamily. MFMIM aims to build networks and communication that help people close multifamily deals. Portfolio: GP of: 1,000 units 500 self-storage units Based in: Summerville, SC Say hi to him at: my-first-million-in-multifamily.mykajabi.com Facebook Instagram Podcast YouTube Best Ever Book: Flip the Script by Oren Klaff Greatest lesson: Borrowed belief. Understand that achieving goals is not difficult, it can just be different than what you initially thought. Surround yourself with people that inspire that same belief and are able to unlock your potential. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: dlp capital | Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com
The Dad Edge Podcast (formerly The Good Dad Project Podcast)
In 2013, Jennings started to purchase rental real estate, and in 2019 moved into commercial real estate, amassing a portfolio of apartment complexes, self storage, and mobile home parks. In three years, his portfolio has grown to over $60,000,000 in value, comprising over 1500 rental units, with $800,000 a month in rents collected. Jennings' passion for real estate and business has blossomed into an education company-My First Million In Multifamily. Boasting the fastest growing and most engaged community on Facebook, the group has over 24,000 members in less than 2 years. With over 300 subscribers paying monthly, his courses and educational products have broken $750,000 in revenue in less than a year. He has been married to his incredible wife, Jessica for the past 14 years. Show Notes: www.thedadedge.com/friday61
Jennings Smith shares how he built a massive Real Estate Portfolio of over 1,000 units that is worth over $61,000,000! Show notes: - Jennings on buying more apartments and his goals 0:35 - Cash Flow 1:40 - How Jennings began 2:33 - Real Developments vs Custom Construction 3:37 - What Is A Spec Home? 4:33 - Custom Building 5:41 - The First Build 6:33 - Why did you still go to college 8:26 - Why I got out of Construction 10:20 - What triggered you and how did you get your first deal 11:25 - The biggest learning experience from that first deal 15:51 - What has been your biggest f*ck up so far 18: 12 - What is your biggest lesson from that 21:53 - Fee shops 24:03 - How much equity are you usually taking 26:40 - Mentoring Program 28:30 - The most interesting deal I've heard so far 30:50 - You need to have a bunch of cash on hand 36:25 - A hard conversation you don't want to have 39:43 - Communication is important 41:24 - Bernie Madoff 41:47 - Investors and Equity 43:59 - Selling to a Hedge Fund 47:30 - Rates going up 48:09 - People imagine problems that don't come to pass 50:34 - Competing with Hedge Funds 53:00 - The rental rate 55:00 - Going to friends and family vs target audience 56:29 - Social Media Presence 59:29 - Thoughts on crypto 1:03:53 - Closing 01:09:37
Join Ramsey Blankenship with his guest, Jennings Smith, as they talk about getting the first million in multifamily. Jennings is the CEO of Live Oak Capital Partners, a real estate investment firm. He shares his experience in the business and tips to follow in his footsteps. Here's a breakdown of what to expect in this episode: 1. Started from a mobile trailer home, ended up in multifamily 2. Jennings' pivotal moment of closing a multifamily deal 3. Why picking the right people to associate with is crucial 4. Mindset shift, self-reflection, and how to stay motivated 5. What comes first: the deal or the money for the deal? 6. And so much more! ~ About Jennings Smith: Jennings Smith is the CEO of Live Oak Capital Partners, a real estate investment firm. Early on, Jennings realized the power of cash flowing real estate and decided to educate himself on how to grow that business, not with single-family homes, but by going after multifamily properties. He studied for years to learn the industry, taking multiple courses online. He landed his first apartment deal in 2019 with a JV partnership. After that, it grew until he has a portfolio of 500+ units so far. His passion is creating time freedom in his life to focus on leaving a legacy for future generations. Jennings lives in Summerville, SC, with his wife and four children. Jennings enjoys traveling with his family and spending time building his businesses. Jennings wants others to experience the freedom that comes with investing in real estate. ~ You can find Jennings Smith on . . . Website: http://liveoakcp.com/ LinkedIn: https://www.linkedin.com/in/jennings-smith-18a065186/ Facebook Group: https://www.facebook.com/groups/3624929014238193/ ~ Connect with Ramsey! Info Page: https://www.flowcode.com/page/ramseyblankenship Website: https://realfocus.org/gorilla-state-investing-podcast/ Investor Registration: https://realfocus.org/investors/
This week on Spilling the Beans, my buddy Jennings Smith and I sat down at Charleston's Waterfront Park to chat about his investment beginnings, how to value to the marketplace by investing in yourself, and what he's got going on in the cryptocurrency space. I first met Jennings a few years ago through my Commercial Empire mastermind, and today, he and his business partner at Live Oak Capital share majority equity in over 900 doors. He's also the co-founder of the Facebook group "My First Million in Multifamily," which has over 21,000 members. You don't want to miss this one! //SAY HI TO JENNINGS Instagram: @jenningsfostersmithjr Facebook: /jennings.smith.50 My First Million in Multifamily: https://www.facebook.com/groups/3624929014238193
Raising capital can be a little intimidating if you're inexperienced, but once you get to know how it works, there are no limits to what you can achieve. Check out this episode with Jennings Smith to learn the secrets to raising capital and find out what it means to lead with value. KEY TAKEAWAYS Is it necessary to use your own money to succeed in real estate? The right approach to raising private capital Why you should be surrounded by successful investors The importance of staying true to yourself What you should focus on when investing in multifamily RESOURCE/LINK MENTIONED Join Jennings ''My First Million in Multifamily'' FB Group https://www.flipempire.com/jennings ABOUT JENNINGS SMITH Jennings Smith is the owner of Live Oak Capital, a company dedicated to acquiring and managing commercial real estate, with a focus on the multi-family sector. They provide a stable environment for investors to generate consistent, passive returns. CONNECT WITH JENNINGS Website: liveoak.properties Facebook: Jennings Smith TWEETABLE ‘'If you want to connect with people, you have to lead with value. '' - Jennings Smith ‘'Your success is %1000 contingent on the actions you take and the decisions you make.'' - Alex Pardo ASCEND Don't Wait To Enjoy Your Life, Tomorrow, Live It Today! How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life:
Our guest today is Jennings Smith, who is an investment property owner, builder, general contractor, and property manager. He has grown his portfolio exponentially in a very short period of time. In this episode, he shares how he went from a couple of single-family homes to 600 units worth $40M in less than 2 years! If you're looking to transition into multifamily and need some seasoned tips and tricks then this is the episode for you! To learn more about Jennings and his journey, visit reiclarity.com! “The perfect turnaround on a property is trying to sell it to your tenant.” 02:48 Jennings followed his dad's footsteps into real estate investing. He saw how his dad evolved from being a real estate agent to building long-term wealth. Jennings helped his father out in the beginning and then started to acquire his own single-family properties. He shares how he built up his business and why selling to your tenant is the best turnaround on a property. “If you want to have hundreds of units, then why are you setting up systems and processes that are going to break and not work?” 08:15 In a few years, Jennings was running a full-time construction company, had a family, and grew his portfolio to 5-6 properties. He had trouble managing his properties because he didn't have enough time. He decided to hire a property manager which helped his business tremendously. His advice for real estate investors is to always hire a property manager even if you have a smaller portfolio. If you would like to scale up to hundreds or thousands of units, you have to put down the right strategies. However, property managers generally have a bad reputation. Jennings shares with us how to find a good one and what systems to put in place to truly leverage the relationship. “I made the leap into multifamily eventually, or as quickly as I could because it's just a lot easier to scale.” 16:36 Jennings took the leap into multifamily investing, as it is easier to scale and it is more like a business. It took him 4-5 years to get 7 single-family properties, but only 2 short years to scale up to 593 units. His advice for business owners is to always invest in their education. He believes that he reached success quickly because he did numerous courses and attended REI masterminds. According to him, multifamily investing can exponentially supercharge your scaling goals compared to single-family. At the beginning of his career, Jennings set a goal for himself. He wanted to reach a 1000 units under contract by the time he was 50. He is still in his 30s and is about to reach his goal in 2020. 26:20 Jennings' top 3 pieces of REI advice he learned from multifamily investing: Know your underwriting, do your research, and understand the risk you're taking by picking up the property! Overcapitalizing is crucial! Figure out what you need for your downpayment and your closing costs, and always have a little bit in the tank! Think about your exit strategy from the beginning! Mentioned in the show: https://www.facebook.com/rentliveoak The download Https://bit.ly/2X8ov1y Jennings' email: jennings@liveoak.com www.shineinsurance.com/reiclarity Learn how to grow your portfolio and reach incredible success the right way! Visit us here for everything you need to know: www.shineinsurance.com/reiclarity Special thanks to Jennings Smith for taking the time to share so many great insights with us If you enjoyed this podcast, there's a couple of things we need you to do right now: SUBSCRIBE to REI Clarity on Apple Podcast, Spotify, or wherever you listen to podcasts While your there, please RATE & REVIEW the show SHARE with friends Finally, please, JOIN the REI Clarity Facebook Group Then, please share the show with whoever you think it will inspire. Until the next time, We truly appreciate you listening. Need the REI Insurance Guy? More great stories & information at: Youtube - Blog - Podcast Facebook - Twitter
Nick Lamagna host of The A Game Podcast and real estate Investor talks with Jennings Smith as they talk about his start in contracting to his first investment purchase with a mobile home to now dealing with a giant slate of multi-family properties and always finding the maximum deal with his company Live Oak Investments. Giving him a leg up, Jennings has over fifteen years of residential and commercial construction experience. He built his company, Reality Construction, at just nineteen years old while attending Clemson University. After fifteen years and over one hundred million dollars of custom home development, he sold his company to Alair Custom Homes. His years of project management experience has helped him build a substantial multifamily real estate portfolio through value-add acquisitions. By the end of this episode, you will realize that you always have time, seek knowledge yourself, and find out how to do things your way. Links and Resources from this Episode Jennings Smith Links: Live Oak Investments http://liveoakrealestate.net https://rentliveoak.com LinkedIn: https://www.linkedin.com/in/jennings-smith-18a065186/ Facebook: https://www.facebook.com/rentliveoak Connect with Instagram : www.instagram.com/jenningsfostersmithjr 5 minute Deal Analyzer forms.aweber.com raise $90k download forms.aweber.com Nick Lamagna nick@nicknicknick.com Phone: 630.384.9443 Find all social media connections at www.nicknicknick.com/links for Facebook, IG, Twitter, LinkedIn, etc. Review, & Subscribe to The A Game Podcast on Apple, Spotify and all platforms at: www.nicknicknick.com/links
© 2020-2025 Ivy Podcast Discovery LLC
