Turning Passion For Real Estate Into Education with Jennings Smith

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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?
- Flip the Script by Oren Klaff
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

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