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Wealthy Investor Podcast - Real Estate Investing, Building Wealth, Faith Based

How to Become Financially Free in 5 Years with Short-Term Rentals | Proven Strategies for Success

Wealthy Investor Podcast - Real Estate Investing, Building Wealth, Faith Based

Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based

Flipping Houses, Rental Property, Real Estate, Business, Wholesaling Real Estate, Investing, Real Estate Investing

2.5884 Ratings

🗓️ 2 September 2024

⏱️ 72 minutes

🧾️ Download transcript

Summary

In this Wealthy Investor podcast with host Brian Davila, we have Josiah Smelser on to talk about his 60K net success in short term rentals and how YOU can do the same! --If you would like to work with Brian on flips, wholesales, or coaching, check out this page - https://www.briandavila.co/home-7863Follow Brian on Instagram - https://www.instagram.com/thebriandavila/Follow Wealthy Investor on Social Media: https://www.instagram.com/_wealthyinvestor https://www.tiktok.com/@_weal...

Transcript

Click on a timestamp to play from that location

0:00.0

I know you are an Air B&B specialist, you own 14 properties, you make about $60,000 a month net on these 14 properties.

0:08.5

I did it without my own money as well.

0:10.5

So people always say, oh, you can invest in real estate without your money. You can,

0:14.0

but you got to have something you're bringing to the table to convince an investor.

0:17.0

If you don't know what you're doing, we're not going to give you their money.

0:19.4

If someone wants to become financially free in five years, How many properties do they need to own?

0:25.2

Well, you're not going to like the answer. Josiah Smeltzer, how's it going baby?

0:30.0

Good man, what's up? Excited to have you on the podcast dude.

0:33.0

Thanks for having me.

0:34.0

Yeah, so I wanted you on the podcast because I know you are an Air B&B specialist.

0:39.2

You own 14 properties.

0:41.2

You told me you make about $60,000 a month net on these 14 properties.

0:46.6

So what I want to do is teach people how to get into short-term rentals and build enough passive

0:52.3

income to quit their jobs yeah yeah so

0:55.0

for sure people who don't know who you are can you give us your quick backstory

0:58.6

yeah absolutely so I started off you, after college and at a big four accounting firm, quickly found out that was a terrible fit for me.

1:09.0

Lasted about a year and after that one of my buddies was leaving his boss at an

1:16.7

appraisal business and called me and asked me if I wanted to help him start that

1:20.8

business so I loved real estate I'd read Rich Dad, poor dad, just like everybody else.

1:26.0

And I was like, yeah, I want to get around real estate. I want to own some investment properties eventually. And so long story short I got the appraisal

1:35.4

license I got my real estate license I did a house hack

1:38.7

bring it out rooms in my house to some of my friends that covered my mortgage. I did flips and then I started

...

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