In this episode of the Hustle Harder podcast, host James Gaskin sits down with Patrick Soares, a South Florida-based real estate investor and construction entrepreneur. Starting from a family-run countertop business, Patrick walks us through his journey of intentional growth in real estate — from his first rental in 2013 to a 94-unit portfolio today. He shares the pivotal moment when he shifted from side hustle to scaling up, the importance of setting clear goals (like retiring at 35), and how he built and refined his business model through partnerships, out-of-state investing, and strategic property management. Patrick also opens up about managing risk, market challenges like rising insurance costs, and why quality always trumps door count.Key Points from This Episode0:00 – Intro: Meet Patrick Soares1:00 – From countertops to construction to real estate3:30 – Buying the first rental and learning through family6:45 – Intentional growth and setting the goal to retire by 359:15 – Scaling from 7 units to 94 — and how he did it13:40 – Expanding into North Carolina with a new partner17:15 – Focusing on quality over quantity in 202521:00 – Realities of risk, cash flow, and portfolio management23:50 – Letting go of control: Lessons in hiring property managers28:00 – Managing locally vs. out-of-state32:15 – What to look for in a good property manager36:30 – Vetting and interviewing PMs: Patrick’s checklist41:00 – Communication, alignment, and ethical practices44:45 – Building strong vendor relationships and long-term loyalty50:55 – Florida’s insurance challenges and market implications59:30 – Why Patrick is still buying and what smart investing looks like now1:02:50 – Long-term thinking, surviving the cycles, and advice for new investorsLinksRenovo Financial - https://renovofinancial.com/James Gaskin on LinkedIn - https://www.linkedin.com/in/james-gaskin-b675593/

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