Join an active community of RE investors here: https://linktr.ee/gabepetersen
BUILDING WEALTH WITHOUT QUITTING YOUR PASSION πΌπ΅
In this incredible episode, I sit down with Joel Miller, a legendary real estate investor who's been building wealth since 1978 while simultaneously running a successful mobile DJ business for 35 years! π§ Joel proves that you don't need to choose between your passion and financial freedom - you can have both!
EARLY REAL ESTATE INVESTING SECRETS π π°
Joel shares his fascinating origin story, starting with paper routes in junior high that exposed him to rental properties. By age 20, he purchased his first rental for just $25,000 - a property he STILL owns today! This episode is packed with golden nuggets about how to think about real estate investing as a wealth-building vehicle alongside your existing career.
OFF-MARKET DEAL STRATEGIES THAT WORK π
Discover why Joel only bought ONE property through a realtor in his entire career! He reveals his proven off-market strategies including pre-foreclosure direct mail campaigns, courthouse auctions, and the power of investor networking. Joel's approach to finding distressed properties before they hit the sheriff's sale is absolutely brilliant.
THE POWER OF RELATIONSHIPS IN REAL ESTATE π€
One of Joel's most powerful quotes: "If I had to choose between losing all my money or losing all my relationships, I'd lose all my money in a heartbeat because my relationships will help me get my money back." This philosophy led to his best deal ever - acquiring 14 units with zero down payment through a relationship with a stressed seller.
HARD MONEY LENDING SUCCESS πΈ
Joel explains why hard money lending became his favorite strategy, generating consistent returns while helping other investors succeed. He shares insights about vetting borrowers, requiring education, and building a community of serious real estate professionals.
COMMERCIAL REAL ESTATE CAUTIONARY TALE β οΈ
Learn from Joel's biggest mistake - a commercial property deal that nearly destroyed his portfolio when anchor tenants went bankrupt. His lessons about tenant vetting and risk assessment in commercial properties could save you from similar disasters.
PROVEN WEALTH BUILDING PHILOSOPHY π
Joel's book "Build Real Estate Wealth" demonstrates how to enjoy the journey while building massive wealth through rental properties. Whether you're a beginner looking to get started or an experienced investor seeking game-changing strategies, this episode delivers actionable insights from someone who's walked the walk for over 45 years.
MINDSET AND STRATEGY COMBINATION π§
This conversation goes beyond tactics to explore the mindset shifts necessary for long-term real estate success. Joel's advice to his younger self - "move faster, think bigger, and remember it's relationships that count" - encapsulates decades of hard-earned wisdom.
If you're looking to build wealth through real estate while maintaining your current career or passion, this episode is absolutely essential viewing! Joel's journey from DJ to millionaire real estate investor provides a roadmap for anyone serious about achieving financial freedom.
Want to learn more about our guest? Connect here: www.JoelMillerBooks.com
Want to learn more about the REI Club Podcast, how to invest with Gab
Join our community of RE investors on Skool here: https://www.skool.com/the-real-estate-investing-club-5101/about?ref=44459ba83f5540f19109c8a530db4023
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New Heights with Jason & Travis Kelce
Footballβs funniest family duo β Jason Kelce of the Philadelphia Eagles and Travis Kelce of the Kansas City Chiefs β team up to provide next-level access to life in the league as it unfolds. The two brothers and Super Bowl champions drop weekly insights about the weekly slate of games and share their INSIDE perspectives on trending NFL news and sports headlines. They also endlessly rag on each other as brothers do, chat the latest in pop culture and welcome some very popular and well-known friends to chat with them. Check out new episodes every Wednesday. Follow New Heights on the Wondery App, YouTube or wherever you get your podcasts. You can listen to new episodes early and ad-free, and get exclusive content on Wondery+. Join Wondery+ in the Wondery App, Apple Podcasts or Spotify. And join our new membership for a unique fan experience by going to the New Heights YouTube channel now!
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