Jennings Smith (@Jenningsfoster) header
Jennings Smith (@Jenningsfoster) profile picture

Financially free by 36 -with $63mm in real estate. How to unlock your life- https://nitter.cf/t.co/g9haiIdcpJ

Joined March 2010
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A friend of mine accidentally made $20,000+ on money he needed in less than a year. And he almost left it sitting in a money market. He sold his house and walked away with about $250,000 in cash. The money was sitting in a money market when he called me.
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Over the last year he earned more than double typical money market rates, backed by 1st position mortgages at ~70% leverage on properties in SC, GA, and NC. And he still had access to his cash. Sometimes the goal isn’t chasing huge returns.
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It’s simply putting idle money somewhere that works a little harder without adding stress. Curious… What would you have done with the $250k?
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This week on Unlock Your Life, we look back on 2025- both successes and missteps- and talk about how we all work toward a prosperous 2026. Find episode 171 on YouTube and wherever you stream podcasts.
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“Son, here’s a secret. You can just “do stuff”. I mentioned this to my boy, Jennings the 3rd, who was helping me install signage for our flex warehouse project.
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I had this idea 6 months ago, and now we have; -land sourced and bought -civil engineering/surveys/geotech done -concept plan and site plan done -permits in process -10 units PRE SOLD -loan for project secured -$1.5 million in cash raised
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I tell my kid whatever I want. “Follow your dreams” “Believe in yourself” “You can do anything you set your mind to” what am I SHOWING my kids? You don’t need permission. You can just do stuff. They don’t listen to me anyways lol. But they do watch me.
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Contractor Garages. We closed on our development site. 4 acres outside of Charleston SC. We are in review with the county and should get our land disturbance permit early 2026. We are building 34 units, each 1100 SF and are selling them individually. 10 pre sold so far.
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🎧 Join us as we dive into the world of wealth with Richard Wilson! 💰 From family offices to billionaires, discover how he's transforming financial strategies. Find this episode everywhere you podcasts are streamed! #UnlockYourLife #Finance #WealthBuilding #Entrepreneurship
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This might be the most exciting episode to date! Learn how one deal, structured properly, can change your entire life. Check out my latest episode of Unlock Your Life on all streaming platforms. #unlockyourlife #realestateinvesting #passiveincome #multifamilyinvesting
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Duke win Vs Clemson needs an asterisk
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documenting my build of a 38,000 sf flex warehouse project. I’m able to fit 35 units, 1100 sf but I’m going to sell them off individually, not rent them. Land is under contract for $360k. All in budget is $4.2m. Will sell for $250k each. $8.75m Working on my permit.
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📉📊📉BREAKING-FED cuts rates 25 basis points.🔥🔥🔥 So what? This specific cut doesn't matter (market already priced it in) but it leads to more optimism in the markets and sign of future cuts to come. Jerome Powell's term ends in May 2026.
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Trump is looking specifically for a new fed chairman who will cut rates. He has publicly said he thinks rates are 3% too high. Inflation will likely increase. The ones who own assets will get richer and those who don't will not. Do you own assets?
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1/4 Why did we sell our Tulsa OK 208 unit multi family?  Our strategy is to prioritize value creation, not long-term cash flow. For example, I acquired the property where tenants are paying $450 in rents rents in a $850 market
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3/4Once it’s fully stabilized, the next buyer is basically betting on rents increasing from $850 to $900 and on interest rates staying favorable. I don’t control either of those.
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4/4So I’d rather exit, take the post-tax proceeds, and redeploy them into new opportunities than sit on a stabilized asset collecting a coupon. @realEstateTrent for inspiration
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