On today's episode of the Passive Wealth Principles podcast, Jake chats with Dr. Nate Smith, founder of Clearwater Capital Group. Nate is a real estate investor and an industry leader in creative financing and asset management. He reached financial independence at age 30 and currently owns over 200 doors, totaling approximately $24 million in assets. He has founded multiple real estate businesses including “Clearwater Capital Group,” a real estate investment company that delivers dependable cash flow and appreciation. One of Nathan’s passions is teaching others about the power of investing in real estate.
During the episode, Nate explains his background as a pharmacist as well as how (and why) his journey into real estate investing actually began in high school.
He offers some thoughts on his process for real estate investing, from direct-to-seller transactions and more recently, working with brokers, calling them in his markets.
Nate also explains what seller financing is and offers some insights into how it works, as well as what 'creative financing' looks like to him.
Join Jake and Nate for this fascinating discussion.
What You Will Learn in this Show:
- A little about Nate's background and how he became a real estate investor.
- The importance of staving off 'lifestyle creep.'
- How he used his existing medical license to help him get financing.
- How he got into fracking and oil and gas.
- And so much more...