Podcast appearances and mentions of Daniel J Mills

Daniel J. Mills is a university professor in Japan where he has lived for 15 years. He began investing in real estate in 2014. His portfolio, which is located in Idaho, Alabama, and Tennessee, includes 11 single-family homes, 8 duplexes, and a 12-plex. Daniel utilized a number of strategies including conventional and commercial loans, owner financing, BRRRR, partnerships, and private money to acquire these properties. After achieving financial freedom in 2020, Daniel has shifted to passive investment strategies to grow and diversify his real estate portfolio. He is currently invested as a limited partner on several real estate syndications and is seeking additional private placements in self-storage, industrial, mobile home parks, and senior living.Contact Daniel at:                     Email:  danielmgpcm@gmail.com           Facebook:Bigger Pockets:

Daniel J. Mills is a university professor in Japan where he has lived for 15 years. He began investing in real estate in 2014. His portfolio, which is located in Idaho, Alabama, and Tennessee, includes 11 single-family homes, 8 duplexes, and a 12-plex. Daniel utilized a number of strategies including conventional and commercial loans, owner financing, BRRRR, partnerships, and private money to acquire these properties. After achieving financial freedom in 2020, Daniel has shifted to passive investment strategies to grow and diversify his real estate portfolio. He is currently invested as a limited partner on several real estate syndications and is seeking additional private placements in self-storage, industrial, mobile home parks, and senior livingContact Daniel :                      Email:  danielmgpcm@gmail.com            Facebook:Bigger Pockets:

Daniel J. Mills is a university professor in Japan where he has lived for 15 years. He began investing in real estate in 2014. His portfolio, which is located in Idaho, Alabama, and Tennessee, includes 11 single-family homes, 8 duplexes, and a 12-plex. Daniel utilized a number of strategies including conventional and commercial loans, owner financing, BRRRR, partnerships, and private money to acquire these properties. After achieving financial freedom in 2020, Daniel has shifted to passive investment strategies to grow and diversify his real estate portfolio. He is currently invested as a limited partner on several real estate syndications and is seeking additional private placements in self-storage, industrial, mobile home parks, and senior livingContact Daniel:                      Email:  danielmgpcm@gmail.com            Facebook:Bigger Pockets:

In this episode, we explore: Guest Background Financial Mindset Real Estate Investment Strategy Conventional Financing on a Single Family house Biggest challenges in investing overseas Understanding the time difference when investing overseas Why it's not good to invest real estate in Japan About Daniel: Daniel J. Mills is a university professor in Japan where he has lived for 14 years. He began investing in real estate in 2014. His portfolio, which is located in Idaho, Alabama, and Tennessee, includes 11 single-family homes, 14 duplexes, and a 12-plex. Daniel utilized a number of strategies including conventional and commercial loans, owner financing, BRRRR, partnerships, and private money to acquire these properties. After achieving financial freedom in 2020, Daniel has shifted to passive investment strategies to grow and diversify his real estate portfolio. He is currently invested as a limited partner in two multi-family syndications and is seeking additional private placements in self-storage, industrial, mobile home parks, and senior living. Daniel joined the Marine Corps after graduating from high school in 1996. Unfortunately, his service was cut short by a training accident. Daniel received an honorable medical discharge from the Marine Corps in 1997. Snapshot: 42:14 What is your number one failure in real estate? I chased the 1% rule too much. What advice do you have for other military investors to be successful? Plug in to a lot of these investor groups. What inspired you to marry a military and serve your country? Joining the marine corp was going to give me the discipline and the skills I needed to succeed later in life. What is your dream? Financial Freedom Quotes: “Understanding what your limitations are and then developing the relationships to fix it rather than trying to take on everything yourself.” 27:43 - 27:49 “So far, when I look at Japanese real estate like apples to apples, I always see a better return in the US.” 30:55 - 31:03 Snippet: 22:26 - 23:45 REELS: 26:51 - 27:16 Connecting with the Guest: Facebook: https://web.facebook.com/netmonkjapan LinkedIn: https://www.linkedin.com/in/daniel-j-mills-ed-d-037b351a/

First-time home buyer? At some point, all of us were. How do you make sure you’re getting a great deal, how should you pay for it, and what can you do to make sure it’s a purchase that will help you grow your wealth. In today’s episode, you’ll hear from Scott Trench and Mindy Jensen, hosts of the BiggerPockets Money Show. Their new book, First-Time Home Buyer, shows how to buy your first property in a way that sets you up for long-term success.Most people see their primary home as an investment, but that isn’t usually the truth. Housing is a cost, and like many costs in life, we should try to minimize it when we can. Having a lower housing cost can allow you to invest more of your money, build up safety reserves for repairs, and have the financial bandwidth to live with less stress. Scott and Mindy debate cash flow vs appreciation, how much you should put down on your home, and what kind of liquidity position you need to be in to find success in your purchase and future endeavors. Even if you’re not looking to build a rental empire, this is a fantastic book for anyone who is looking into buying for the first time. Don’t know about equity, title insurance, or other real estate terms? No problem! First-Time Home Buyer has you covered. In This Episode We Cover:What will 2021 hold for real estate investors and first-time home buyersIs appreciation or cash flow a better metric to measureHow to have a primary residence that sets you up for long term wealth The 5 steps to finding a great deal on a primary residence Looking at the market even when you’re not ready to buyWhat people get wrong when they buy a homeAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets MoneyBiggerPockets Money Podcast 165: How ‘Finance Ninja” Daniel J. Mills Started at $30k a Year and Grew a US Rental Empire from JapanCheck the full show notes here: http://biggerpockets.com/show450

While living abroad, it can be very difficult to invest in assets in your home country, especially if you’re an American. Daniel J. Mills found this out early in his professional career. As a English teacher living in Japan, he had to jump through a sizable amount of hoops to find a way to invest in American stocks, index funds, and later real estate all while overseas. Growing up in southern California, Daniel knew that there was money to be made through entrepreneurialism. He saw his father grow a business that was profiting millions each year, only to see it later become liquidated. Daniel didn’t really think too much about money or growing his personal wealth until years later.After college, Daniel moved to Japan and became an English teacher making a salary of around $30,000 (USD) a year. He met his wife, settled down, and bought an apartment in an appreciating part of the city (contrary to many other parts of Japan). Daniel was saving around $1,000 a month, and realized he didn’t want to be making $30,000 a year forever. So, he started investing in index funds and stocks, which grew his net worth and allowed him to invest in other asset classes, like real estate.Daniel even shares a tax loophole that allowed him to write off 100% of his 6-figure income while he was in Japan (solely from real estate depreciation)! Flash forward to today, Daniel has rental properties in Idaho, Alabama, and Tennessee with partners from Japan and the United States. Daniel agrees with many other real estate professionals in the fact that you need a tried and true team in cities where you’re investing. Living in Japan, he doesn't have much to worry about in the US, thanks to his fantastic property managers, handymen, partners, lenders, and real estate agents.In This Episode We CoverThe challenges and benefits of investing in American assets while abroadGetting rid of debt fast so you’re able to scale your investments How money is easier to make as you become more educated and experienced The ins-and-outs of Japanese real estate compared to American real estate Converting bonus rooms to bedrooms for higher rent Forming partnerships with real estate professionals who can help youAnd So Much More!