Author of the book “Free Houses”, Austin Miller has built a real estate portfolio of 16 units worth over 1.2 million dollars with little to zero of his own money. Over the course of acquiring several properties, he is fittingly labeled as a creative financing real estate investor. Thinking outside the box from traditional investing, Austin has outlined each of his strategies chapter by chapter in his book.
After working for corporate America for five years, he was able to quit his job to pursue real estate and small business ownership full time. Aside from real estate, Austin enjoys spending time with his family and his church group. His other passions include music and hunting. He also enjoys talking about real estate with anyone interested—veterans and rookies alike. He is active in his local investor's club and serves as a mentor for new investors.
- Who is Austin Miller?
Austin wears a lot of hats but at the end of the day, he’s someone who is willing to work really hard to achieve his goals. He has always been a collector and really liked acquiring capital and assets as part of his business.
Living in the Midwest gives Austin a unique perspective from the cities on the coast, he knows that slow and steady strategy is the way to win the race.
- Cards To Real Estate Investing
It takes the innocence of a child to point out the obvious. Seeing developers as a child put Austin on the path to real estate investing.
After getting a job with a commercial real estate builder in 2009, he observed the economy turning around and decided to pursue his dream of real estate investing. Austin needed to get some additional education in order to get started with real estate. Austin feels that he learned more in the six months after he graduated than during his whole time in school.
- Free Houses
There is no secret in real estate, the education is out there if you look for it. Especially now with the number of podcasts available. Just being around people that want to do the same thing as you is very helpful.
There is no such thing as a free lunch, but as long as you are willing to exchange time and effort, you don’t need any money.
There are a lot of different ways to access cash to fund your deals and it’s normally the first hurdle people face. You have to start thinking in terms of possibilities instead of limitations.
You can Google private money and you can find a funding source. Your average bank wants 20%, but when you change the conversation beyond the usual perspective you can open a lot of opportunities.
Some people have a lot of drive, and some don’t. The world is made for disciplined men, if you get distracted you will never achieve your dreams. Most people will find excuses instead of doing the work.
Real estate investing is an evolving game. Single-family homes are one of the most solid investments you can make but there are lots of other opportunities on the market.
Those who walk with the wise, become wise. If you want to learn, teach.
Reference: Free Houses, Austin Miller
- Austin’s Takeaway
Remove the naysayers, internal and external. If you have a goal, remove the negativity because it will only slow you down.
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