–Watch The Podcast Here
–Listen To The Podcast Here
–About This Episode
Welcome to the From Trial to Triumph Podcast!
The show about leaning into life’s constant testing on your way to learning your biggest blessings!
LOCATION! LOCATION! LOCATION!
Location is very important when acquiring real estate.
In this episode, I talk with Jose Miller who shares his experiences of investing in neighborhoods that often have drug dealers as well as subsidy residents. The goal isn’t always the return but, providing housing for the less fortunate.
Jose Miller started investing in real estate because a friend needed a place to live. Currently, he’s partnered in over 200 units.
Even working as an aerospace engineer, he still enjoys self-managing the 12 units that he owns, because he can rent them to people that others won’t, giving them that extra second chance.
His favorite activities include playing ultimate frisbee, scuba diving, and storytelling.
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–Key Points From the Episode:
- Jose’s background and how he got started in real estate
- What is something he learned from his first experience working with his friend?
- Renting to friends and family
- How his real estate career progressed
- Investing in a D class unit
- He sets expectations up front
- His experiences in a D class vs B class
- Dealing with bed bugs in a unit
- How does he manage his day job and his investments?
- Working from home because of covid
- Expectations and tenant screening
- How do you screen your tenant for you rentals?
- Be careful what you ask your tenants
- How to learn what to ask and the fair housing law
- His biggest mistakes and advice for new investors
–Links From This Episode:
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