Turning Passion For Real Estate Into Education with 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 Segment
- Introducing Jennings to the show
- Brief background and career
- Building a successful community and mentorship group around multifamily
[08:20 - 21:14] Building Communities through Live Oak Capital
- How Jennings found success by creating a group that is focused on real estate investing
- Designed for people who are willing to put in the necessary work to succeed
- The 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 investors
- Jennings shares his experience with raising capital
- Filling up a deal quickly and moving on if the investor is not happy with the offer given
- Having a six-week sprint group where everyone is required to show up every week
- The 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 FOUR
- What's the worst job that you ever had?
- What's a book you've read that has given you a paradigm shift?
- What 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 Smith
Connect with Jennings through Facebook and Instagram.
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