Profiting with Partnerships and Scaling with Systems: AJ Smith's Path to Financial Freedom
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Episode 43 with AJ Smith
"I think that financial freedom is very much suited to the individual. It's something that each person may define for themselves. But for me, I think it's that last one. Right? I had initially - I think in my brain like - it's the freedom to work for yourself, and I personally reached that level, you know, and I've enjoyed it. But, I think that as you go along in the journey, you also start to look for freedom to give back to the community, to lift up your friends and family, to do some of the other things that maybe you can't do if you're just kind of focused on base level survival for yourself and your family. And having the ability to do those things, I think is another another level, even above what we've talked about as well."
Join me this week as I interview AJ Smith, the founder of Goldsmith Properties, LLC. AJ started his real estate journey a month out of college, analyzing over 700 deals before purchasing his first property. After a few years of working a W-2 while house hacking and flipping smaller multifamily spaces, he was ready to scale his portfolio and take on larger commercial real estate deals. With a focus on high-growth, landlord-friendly markets like Oklahoma City, Dallas, and Northwest Arkansas, AJ has successfully turned underperforming properties into profitable assets, including a recent project that increased rental income by over 50%. His skill in value-add strategies and his expertise in managing teams and systems have helped him build a diverse portfolio of multifamily and commercial properties. AJ’s passion for real estate and disciplined management continues to drive his success, providing solid returns for investors and positioning Goldsmith Properties as a leader in the market.
AJ and I discuss:
· His journey from accounting and store management to real estate
· Flipping houses: strategies and challenges
· Scaling his portfolio to larger commercial real estate deals
· The power of structuring partnerships
· Building systems and delegating responsibilities
· Market focus and in-house construction
· How strong systems and procedures can accelerate your business
· Asset management and investor relations
· Defining financial freedom and success
Episode Links:
LinkedIn: @ajsmith77
Facebook: @ajsmithrealestate
The Gap and The Gain by Dan Sullivan and Dr. Benjamin Hardy
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43 episodios