Welcome to The Real Estate Life Podcast, where we create a life of passive income through real estate and doing what we love. In this episode we have Gwyeth Smith, who owns 1140 units throughout the United States in Dallas, Indiana, Pittsburgh, Tennessee and Ohio.

Today Gwyeth will share how he got into multifamilies while working a full-time job making prosthetics. We will discuss the pros and cons of buying property in other cities or states, and how to leverage your network to find deals. Finally, we will talk about one of the most difficult parts of putting a deal together and how to handle it better. All this and much more, up next.

(01:30) Introducing Gwyeth Smith (02:00) How Gwyeth got to 1140 units while working a full-time job (04:30) Getting into multifamily investment (06:20) Jumping into bigger deals (10:00) Buying in other cities or states (11:30) Looking for opportunities outside the hottest markets (13:00) Leveraging your network (14:25) The most difficult part of putting a deal together (21:20) Great deals and competition (22:40) What is one of your biggest failures and what did you learn from it? (29:00) How to handle contracts better (34:45) What does financial freedom mean to you? (35:40) What advice would you give to people wishing to get into multifamilies?