Multifamily Podcast Network

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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