Building a $16M Vacation Rental Empire w/ Josiah Smelser

The Real FI Podcast - Real Estate Investing to FI

Join us as we sit down with Josiah Smelser, a seasoned real estate expert hailing from Florence, Alabama. With an eye for opportunity, Josiah ventured from a corporate Big 4 accounting job to appraisals and real estate brokering. Discover his journey from distressed property rehabs and refinancing to building a remarkable $4M BRRRR portfolio. Post-COVID, he strategically transitioned to a $16M vacation rental empire, sharing insights on cash flow, smart investments, and leveraging 1031 exchanges to buy into vacation rentals in the Smokey Mountains. Tune in for Josiah's ambitious plans, from flipping to larger commercial deals, and growing his flipping business.

BOOK RECOMMENDATION: The War of Art.

You can connect with our guest on YouTube at the Daily Real Estate Investor, or Instagram @dailyrealestateinvestor.

Are you interested in finding great off-market investment opportunities? We’ve partnered with DealMachine to help bring great deals to your doorstep. All you have to do is sign up with DealMachine and use the code THEREALFI at signup. Patrick and I are clients of DealMachine and have made a lot of money using their services. We hope you do too!

Do you have any questions you'd like for us to answer on the show, or a success story you'd like to share? Shoot us an email to [e-mail] and we'd be happy to connect with you. And If you haven’t done so already, please leave us a glowing 5 start review on your podcasting platform–it would really help us out!

You can connect with you hosts on instagram:

James on Instagram: @James_Rippeon

Patrick on Instagram: @RentalPropertyCouple

Watch on Youtube.

Sign up for our newsletter to stay informed.

Let's kick the 9 to 5!