EP 112: Passing on A Lifetime of Real Estate Knowledge - Interview with Author Joel Miller.

In this episode of the Real Estate Heavyweights podcast, Ashton Hines and Tavis Westbrook interview Joel Miller, a seasoned real estate investor and author of 'Build Real Estate Wealth.' Joel shares his extensive journey in real estate, from his early days as a DJ to becoming a successful landlord and hard money lender. He emphasizes the importance of education, bookkeeping, and tenant selection in building a successful real estate portfolio. The conversation also touches on adapting to market changes and the challenges of short-term rentals, providing valuable insights for both new and experienced investors.

takeaways

• Joel Miller has been a real estate investor since 1978.
• He wrote his book with his son in mind as a guide.
• Bookkeeping is crucial for real estate success.
• A good deal is a good deal, regardless of market conditions.
• Education is key to navigating the real estate landscape.
• Tenant selection can make or break a rental business.
• Building relationships with banks is essential for funding.
• Short-term rentals can be more work than expected.
• Real estate can be a side income while maintaining a job.
• Networking with local investor associations is beneficial.

titles

• Building Wealth Through Real Estate
• Navigating the Rental Property Landscape

Sound Bites

• "This is how I do it."
• "The book is a go-to reference."
• "A good deal is a good deal."

Chapters

00:00Introduction to Real Estate Heavyweights Podcast

02:51Joel Miller's Journey in Real Estate

05:38The Importance of Bookkeeping in Real Estate

08:32Early Influences and Career Path

11:28Transitioning from DJ to Real Estate Investor

14:04Building a Comprehensive Real Estate Guide

17:00Navigating Financial Statements and Banking Relationships

19:36The Evolution of Record Keeping in Real Estate

22:30Common Pitfalls in Real Estate Investing

25:05Best Practices for Successful Real Estate Investment

28:18Wealth Building Through Real Estate

29:39The Evolution of Real Estate Investment

31:42Navigating Economic Cycles in Real Estate

35:27Long-Term vs Short-Term Rentals

39:43Tenant Screening Tips and Best Practices

45:47Connecting with Joel Miller and His Book

 

 

https://www.joelmillerbooks.com/

https://www.youtube.com/@TheRealEstateHeavyweights