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Content provided by Josiah Smelser. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Josiah Smelser or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
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Story: How I Escaped the Rat Race with Josiah Smelser

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Manage episode 374231985 series 2848653
Content provided by Josiah Smelser. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Josiah Smelser or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

This episode shares an interview of Josiah Smelser on the Real FI podcast and shares his journey from a cubicle job to a $4 million real estate portfolio using the BRRRR strategy of buying distressed properties, renovating them, and converting them into long-term rentals. Josiah's business transitioned from a $4 million single-family home portfolio to six+ vacation rentals, yielding $600,000 annual cash flow, allowing Josiah to achieve financial independence. The switch was smooth, leading to increased cash flow, aided by 1031 exchanges. Advice is given to consider larger cabins for this niche, though opportunities may be scarce. Resources like books, podcasts, and networking are recommended for success in the short-term rental market. The importance of real estate appraisal as a growing field is also discussed.

YouTube Channel - ⁠⁠https://youtube.com/@DailyRealEstateInvestor⁠⁠

Connect with us:

YouTube Channel - Daily Real Estate Investor - ⁠⁠⁠https://youtube.com/@DailyRealEstateInvestor⁠⁠⁠

Private Facebook Group - The Daily Real Estate Investor - https://m.facebook.com/groups/thedailyrealestateinvestor/?ref=share&mibextid=S66gvF

Follow Josiah Smelser on Instagram https://www.instagram.com/dailyrealestateinvestor/

Josiah’s Book and Other Social Links: linktr.ee/jsmelser

Follow Tony Moreno on Instagram https://www.instagram.com/ant1234moreno/

#realestate #realestateinvesting #realestateinvestor #realestateinvesors #passiveincome #finanicalfreedom #realestate #realestatemarkets #FIRE #financialindependence #business #businesspodcasts #realestatepodcasts #realestatenews #BRRRR #BRRRRStrategy #entrepreneur #entrepreneurship #dailyrealestateinvestor

  continue reading

104 episodes

Artwork
iconShare
 
Manage episode 374231985 series 2848653
Content provided by Josiah Smelser. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Josiah Smelser or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

This episode shares an interview of Josiah Smelser on the Real FI podcast and shares his journey from a cubicle job to a $4 million real estate portfolio using the BRRRR strategy of buying distressed properties, renovating them, and converting them into long-term rentals. Josiah's business transitioned from a $4 million single-family home portfolio to six+ vacation rentals, yielding $600,000 annual cash flow, allowing Josiah to achieve financial independence. The switch was smooth, leading to increased cash flow, aided by 1031 exchanges. Advice is given to consider larger cabins for this niche, though opportunities may be scarce. Resources like books, podcasts, and networking are recommended for success in the short-term rental market. The importance of real estate appraisal as a growing field is also discussed.

YouTube Channel - ⁠⁠https://youtube.com/@DailyRealEstateInvestor⁠⁠

Connect with us:

YouTube Channel - Daily Real Estate Investor - ⁠⁠⁠https://youtube.com/@DailyRealEstateInvestor⁠⁠⁠

Private Facebook Group - The Daily Real Estate Investor - https://m.facebook.com/groups/thedailyrealestateinvestor/?ref=share&mibextid=S66gvF

Follow Josiah Smelser on Instagram https://www.instagram.com/dailyrealestateinvestor/

Josiah’s Book and Other Social Links: linktr.ee/jsmelser

Follow Tony Moreno on Instagram https://www.instagram.com/ant1234moreno/

#realestate #realestateinvesting #realestateinvestor #realestateinvesors #passiveincome #finanicalfreedom #realestate #realestatemarkets #FIRE #financialindependence #business #businesspodcasts #realestatepodcasts #realestatenews #BRRRR #BRRRRStrategy #entrepreneur #entrepreneurship #dailyrealestateinvestor

  continue reading

104 episodes

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