POPULARITY
In Real Estate, and multifamily in particular, you need to have boots on the ground to ensure things are running as expected. It also helps to live in the market in order to have intimate knowledge of the investment. This is one way to mitigate risk. Multifamily is a 24/7 business, and too many things go wrong when you're managing from afar. Dustin Miles, Managing Partner at Momentum Multifamily, has 1600 units in Houston where his partner lives, he is also looking to acquire in Dallas where he lives. He believes prices have finally come down enough in Dallas to start looking for properties there.
Download my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflation How do you adapt to the ever-changing nature of multifamily for lasting success? Join us for an enlightening conversation with Dustin Miles, Principal and Managing Partner at Momentum Multifamily. With over 15 years of real estate expertise, Dustin has transformed engineering precision into a thriving career in multifamily property investment. In this episode, Dustin shares his journey, highlighting the unique perspective he brings to the multifamily market. Discover how he navigates the dynamic and evolving multifamily landscape, addressing the challenges that come with it, and maintaining a mission-driven approach to his work. Explore the world of real estate investing as Dustin delves into the uncertainties and opportunities it presents in the multifamily sector. Gain insights into his strategies for multifamily business growth and personal development, and hear his valuable advice for aspiring investors. If you're intrigued by adapting to changes in multifamily real estate and seeking guidance on thriving in this ever-evolving industry, this episode is a must-listen. Tune in now to unlock Dustin Miles' wealth of knowledge and discover new horizons in multifamily real estate! 00:47 - Guest Introduction: Dustin Miles 02:17 - Multifamily Apartment Investing with Dustin Miles 05:37 - Real Estate Syndication with an Engineering Background 10:35 - Multifamily market changes and mission-driven work 15:35 - Challenges in the rental market 20:35 - Uncertainty in Real Estate Investing 25:36 - Multifamily business and personal growth 30:35 - Dustin Miles' Advice for Investors 33:09 - Wrap up 35:25 - Outro Connecting with the Guest: Website: https://www.momentummultifamily.com/ Linkedin: https://www.linkedin.com/company/momentum-multifamily/ Instagram: https://www.instagram.com/momentum.multifamily/ Youtube: https://www.youtube.com/channel/UCCWRBXrZlY25DT0MkCFjj5A Facebook: https://www.facebook.com/momentummultifamily #RealEstateInvesting #Multifamily ##AdaptingInMultifamily
ABOUT HAYDEN HARRINGTONHayden Harrington is a real estate entrepreneur focused on large-scale multifamily syndications. He currently has $140MM AUM and actively growing the portfolio. He is one of the managing partners at Momentum Multifamily, a commercial real estate group focused on buying institutional quality assets for their investors. THIS TOPIC IN A NUTSHELL: Hayden's Journey to real estateScaling from Single Family homes to Commercial Real estateCurrent projects Finding the Right PartnersTarget Asset classes Risk mitigation and how to identify itBecoming a Sponsor/GPBest practices in streamlining processesCreating structure for management and employee incentivesThird-party vendor relationshipBuilding your team and maintaining a hands-on approachHaving good asset managers and contractors Creating a brand for the propertyWhy they did not use momentum as their property brandHow the idea of the brand came about and how they developed itWhat are the benefits of having a brand?Asset disposition Adapting to current interest rates Advice to his 25-year-old self First entrepreneurial Endeavor Formal and informal training that shaped his journey His Biggest mistake and what he learned from itConnect with Hayden KEY QUOTE: “You can do single-family homes as a hobby on the side but in multifamily, you're buying a business. The health and strength of any business is dependent on the systems, processes, and people that you have in place.” SUMMARY OF BUSINESS:Momentum Multifamily is a commercial real estate group focused on buying institutional quality assets for their investors. Based in Texas, the team is focused on acquiring high-quality assets in thriving metros. With in-house construction, they can take care of small or large-scale renovation projects. ABOUT THE WESTSIDE INVESTORS NETWORK The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication. The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com. #realestateinvesting #RealEstate #CraftingYourBrand #Syndication #Multifamily #AssetManagement #Underwriting #Sponsor #GeneralPartner #LimitedPartner #SingleFamilyHomes #Contractor #Texas #Construction #LargeMultifamilyAssets #ApartmentInvesting #Investments #MomentumMultifamily #BuildReputation #RESyndication #PassiveWealth #newepisode #podcasting #JointheWINpod #WestsideInvestorsNetwork CONNECT WITH HAYDEN HARRINGTON: Email: hayden@momentummultifamily.com Website: https://www.momentummultifamily.comInstagram: @momentum.multifamily @hjharringtonLinkedIn: @Hayden Harrington CONNECT WITH US For more information about investing with AJ and Chris: · Uptown Syndication | https://www.uptownsyndication.com/ · LinkedIn | https://www.linkedin.com/company/71673294/admin/ For information on Portland Property Management: · Uptown Properties | http://www.uptownpm.com · Youtube | @UptownProperties Westside Investors Network · Website | https://www.westsideinvestorsnetwork.com/ · Twitter | https://twitter.com/WIN_pdx · Instagram | @westsideinvestorsnetwork · LinkedIn | https://www.linkedin.com/groups/13949165/ · Facebook | @WestsideInvestorsNetwork · Youtube | @WestsideInvestorsNetwork
Today's guest proves that fortune favors the bold as he shares how hard work, efficiency, belief in oneself, and creating value for investors led his business to success. Stay tuned for Hayden Harrington's actionable advice on closing your first deal and growing your investor network without owning a property.WHAT YOU'LL LEARN FROM THIS EPISODE Why and how you can bring value to investorsSingle-family vs. multifamily real estateNetworking strategies to attract investorsAdvantages of expanding your investor poolBest practices for securing your first dealAcquiring Equity: Practical advice and challengesimportance of establishing a system in your business RESOURCES/LINKS MENTIONEDMadison Title Agency https://www.madisontitletx.com/Salt Lake City Multi-Family Meetup Group https://www.facebook.com/groups/391288165359710/aboutDo you want to connect with a community of investors who can help you take your business to the next level? Join the Momentum Multifamily Investor Community at https://www.facebook.com/groups/momentummultifamily/ and be notified about networking events and profitable deals so you can start scaling today.ABOUT HAYDEN HARRINGTONHayden is one of the founders and managing partners of Momentum Multifamily, a commercial real estate group focused on buying institutional quality assets for their investors, where he focuses on acquisitions efforts and asset management. He is a real estate entrepreneur focused on large-scale multifamily syndications and currently has $120MM AUM and actively growing the portfolio.CONNECT WITH HAYDENWebsite: Momentum Multifamily https://www.momentummultifamily.com/Facebook: Momentum Multifamily https://www.facebook.com/momentummultifamilyFacebook Group: Momentum Multifamily Investor Community https://www.facebook.com/groups/momentummultifamily/CONNECT WITH USGreen Light Equity Group - http://www.investwithgreenlight.com/For a list of Virtual Meetups - Email: tate@glequitygroup.com | chelsea@glequitygroup.com Special Announcement! Tate's brand-new audiobook “F.I.R.E.-Financial Independence Retire Early Through Apartment Investing” is downloadable! Go to: Green Light Equity Group: http://www.investwithgreenlight.com/.Do you have difficulty underwriting deals? Never worry about getting your numbers wrong with Real Estate Lab, a cloud-based platform for investors. Sign up at https://www.realestatelab.com/ using the promo code TAG2 to get 10% off your first 12 months. Automate your acquisitions and underwriting like a boss now!
Hayden Harrington is a real estate entrepreneur focused on large-scale multifamily syndications. He currently has $85MM AUM and actively growing the portfolio. He is one of the managing partners at Momentum Multifamily, a commercial real estate group focused on buying institutional quality assets for their investors. In this episode Hayden talks about the beginning of his career in real estate investing and how he got to where he is today. He shares how he exchanged value to someone already in the business to get his foot in the door. Hayden talks about how he studied obsessively to sharpen his knowledge while leveraging his background in flipping houses. Connect with Hayden: Website: www.momentummultifamily.com Email: hayden@momentummultifamily.com Partner with us: www.pac3capital.com Follow the show on Instagram: @themultifamilytakeoff
Dustin is the managing partner at Momentum Multifamily based out of Dallas Texas. Over the last 10 years or so, Dustin and his team have acquired over 1900 units and over $180M in assets.WE DISCUSS:His early fascination with real estate.How he got into a networking group that exposed him to multifamilyThe process of officially leaving his W-2 career.How he formed and structured his team.His insights on the current market cycle.Their asset management structure.His biggest challenge.KEY QUOTE:“The biggest thing in the exposure to the groups and masterminds is believing that "I can do this". It's a mindset shift."CONNECT WITH OUR GUEST:Website: momentummultifamily.comCONNECT WITH US! Visit our Website: https://www.canovocapital.com/podcastFollow us on YouTube: https://www.youtube.com/c/TheLeadSponsorFollow us on Instagram: https://www.instagram.com/theleadsponsor/Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-lead-sponsor-podcast-real-estate-investing/id1464256464LOVE THE SHOW? PLEASE SUBSCRIBE, RATE, REVIEW & SHARE
Hayden Harrington got his start in real estate flipping and renovating single family homes with his dad growing up. More recently, Dustin & Hayden put together over $10M in equity to close on 228 units (2012 asset), The Henry at Liberty Hills, in Houston, TX in late January. This was Hayden's first syndication and as a company, Dustin & Hayden have the goal of acquiring a new asset every quarter. Dustin Miles has been an entrepreneur his entire life starting at 8 years old and a candy business (his bus driver called him the candy man). He had an e-commerce business in college before turning to real estate about 15 years ago. Dustin started with 6 flips/rentals before cashing out and jumping into his first multifamily in 2012. To date, he has syndicated 11 deals and gone full cycle on 6. Hayden and Dustin put together over $10M in equity to close on 228 units (2012 asset), The Henry at Liberty Hills, in Houston, TX in late January. Outside of business, Dustin is on the board of Cancer Care Services, played soccer since he was 4, and is an avid runner. Get in touch with them: Momentum Multifamily's website: www.momentummultifamily.com Dustin's email: dustin@momentummultifamily.com Dustin's Instagram: @dustin.miles Hayden's email: hayden@momentummultifamily.com
Join Ramsey Blankenship with his guest, Dustin Miles, as they talk about class-A apartment investments. Dustin is the co-founder of Momentum Multifamily, a commercial real estate group based in Dallas, Texas. He shares his realization of having more equity in real estate. Here's a breakdown of what to expect in this episode: 1. Why focus on class-A properties 2. From single-family to multifamily syndications 3. What Dustin brings to the table 4. Check the area first, then find deals 5. Dustin's biggest mistake in real estate 6. And so much more! ~ About Dustin Miles: Dustin is one of the founders of Momentum Multifamily. He focuses on the strategic direction, acquisitions, and asset management of the company. ~ You can find Dustin Miles on . . . Website: https://www.momentummultifamily.com/ LinkedIn: https://www.linkedin.com/in/dustin-miles/ ~ Connect with Ramsey! Info Page: https://www.flowcode.com/page/ramseyblankenship Website: https://realfocus.org/gorilla-state-investing-podcast/ Investor Registration: https://realfocus.org/investors/
Hayden Harrington was tired of the meet-ups he kept attending. They were usually hosted in crowded, hard to hear areas where it was difficult to effectively network with people. That's when he decided to create his own, unique events. In this episode, Hayden shares how he broke from tradition and created a successful in-person and online networking group. Hayden Harrington Real Estate Background Real estate entrepreneur focused on large-scale multifamily syndications Currently has $30MM AUM and actively growing the portfolio Managing partner at Momentum Multifamily, a commercial real estate group focused on buying institutional quality assets for their investors Based in Richardson, TX Say hi to him at: www.momentummultifamily.com Best Ever Book: The E-Myth Real Estate Agent by Michael E. Gerber Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Bos
Today on the Real Estate Asset Management Podcast, we talk to Dustin Miles and Hayden Harrington of Momentum Multifamily about managing risk in the asset management sphere. We discuss the differences when it comes to managing a C-class versus an A-class or a B-class deal, as well the pros and cons of each class respectively. Dustin and Hayden share the ways in which COVID has affected their choices, as well as some of the invaluable asset management-related lessons they've learned over the years. Tune in for some useful tips and insights on how to mitigate risk and grow intelligently, instead of just growing for the sake of growing!Key Points From This Episode:Dustin and Hayden briefly introduce themselves and share their professional backgrounds.Pros and cons of managing A, B, and C-class deals from an asset management standpoint.How COVID affected each asset class respectively.How Dustin and Hayden track their assets by inputting financials against the proforma.Lessons they've learned regarding asset management.The importance of working with the right management company in the right area.The importance of considering the risk-adjusted return.Why Dustin and Hayden have abandoned C-class for the most part.How to mitigate risk and grow intelligently, instead of just growing for the sake of growing.Why they stick to buying property in the same region and working with the same regional.Their asset management superpowers: being detail-oriented, diplomatic, and team-oriented.Tweetables:"During COVID, we did see quite a difference. We had more delinquency, more bad debt, and all that on the [C-class] side. [A-class] was just a lot more stable, a lot more seamless, less peaks and valleys." – Dustin Miles [0:02:29]“We just want to mitigate risk however we can and grow intelligently – not just grow to grow.” — Hayden Harrington [11:57]“We're not here to be right. We're here to do what's best for the business, for each other, and for our investors. That's something that we keep a priority here at Momentum [Multifamily].” — Hayden Harrington [15:06]“It pays dividends to invest in people and understand who you're getting in business with and not just jumping at the first option or the cheapest option that comes along.” — Hayden Harrington [15:39]Links Mentioned in Today's Episode:Dustin Miles on LinkedInHayden Harrington on LinkedInMomentum MultifamilyAsset Management Mastery Facebook GroupAsset Management MasteryBreak of Day Capital Break of Day Capital InstagramGary Lipsky on LinkedInBest In ClassGarzella Group
Hayden Harrington is a real estate entrepreneur focused on large-scale multifamily syndications. He currently has $30MM AUM and actively growing the portfolio. He is one of the managing partners at Momentum Multifamily, a commercial real estate group focused on buying institutional quality assets for their investors.Join Our Passive Investor NetworkDownload Our Passive Investor Guide to Multifamily SyndicationsWE DISCUSS:His first exposure to real estate.Why his goal is focused on scaling.The importance of networking events.The skillset he used to bring value to the business.Why building relationships takes time.How they acquired their first deal.The details of their 228-unit deal in Houston.His best advice for someone just starting.KEY QUOTE:“A lot of times, we're the only thing that's separating ourselves from our goals"CONNECT WITH OUR GUEST:Website: www.momentummultifamily.com Email: hayden@momentummultifamily.com CONNECT WITH US! Visit our Website: https://www.canovocapital.com/podcastConnect with us on Facebook: https://www.facebook.com/apartmentinvestingjourney/?modal=admin_todo_tourFollow us on YouTube: https://www.youtube.com/channel/UCpmNIzpEzxGn5ZuNgjAVV-w/featuredFollow us on Instagram: https://www.instagram.com/apartmentinvestingjourney/Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/apartment-investing-journey/id1464256464LOVE THE SHOW? PLEASE SUBSCRIBE, RATE, REVIEW & SHARE
Dustin Miles is a Managing Partner at Momentum Multifamily, which currently operates over 1,600 units. Dustin discusses his background, including how he got into entrepreneurship at an early age. Dustin also dives into the importance of asset management, communication during an apartment syndication, and finding good partners. Dustin explains how he mitigates risk during the hold period of an asset, and how COVID has impacted the management of his assets. Tune in to listen to this HIGH VALUE episode now!How to Reach Dustin: https://www.momentummultifamily.com/https://www.instagram.com/dustin.miles/?hl=en
Dustin Miles is a Managing Partner at Momentum Multifamily, which currently operates over 1,600 units. Dustin discusses his background, including how he got into entrepreneurship at an early age. Dustin also dives into the importance of asset management, communication during an apartment syndication, and finding good partners. Dustin explains how he mitigates risk during the hold period of an asset, and how COVID has impacted the management of his assets. Tune in to listen to this HIGH VALUE episode now!How to Reach Dustin: https://www.momentummultifamily.com/https://www.instagram.com/dustin.miles/?hl=en
Dustin is one of the founders of Momentum Multifamily. He focuses on the strategic direction, acquisitions, and asset management of the Company.After college, Dustin started his real estate career by flipping houses and purchasing rentals with an eye to go bigger. He began his multifamily career in 2012 by investing passively in 2 deals and syndicated his first deal in 2014 and raised over $1.6M for the purchase. He had syndicated 11 apartment deals worth over $125M and has raised over $30M in equity. In 2019, he raised over $10k for charity and was elected to his first non-profit board (Cancer Care Services). He helped start a Multifamily meetup that he co-host in Las Colinas called Momentum.
A partnership may combine the greatest traits of two people to generate a powerful collective force. Today, our returning guests Dustin Miles and Hayden Harrington share their experiences with real estate partnerships. Join us to learn more about the importance of having a strong partnership when investing in multifamily.Check out these previous episodes!SA194 | Institutional Investment Opportunities For Investors with Hayden HarringtonSA198 | Quality Multifamily Assets For Investors with Dustin MilesKey Takeaways To Listen ForTrusting the right people to work withWays for a partnership to function wellWhat to look for in a dealPros and cons of investing in class A, B, and C propertiesTips on building partnerships for real estate beginnersThe benefits of virtual networking and communicationResources Mentioned In This EpisodeMeet UpAbout Dustin Miles and Hayden HarringtonDustin Miles and Hayden Harrington are both founders of Momentum Multifamily. Dustin focuses on the strategic direction, acquisitions and asset management of the Company, while Hayden focuses on the acquisition's efforts, asset management, and investor relations of the Company.Connect with Dustin and HaydenEmail: dustin@momentummultifamily.com ; hayden@momentummultifamily.comWebsite: Momentum MultifamilyFacebook: Momentum Multifamily To Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams
Dustin Miles & Hayden Harrington are Managing Partners at Momentum Multifamily, a company whose vision is to create inspiring communities to live at while creating exceptional returns for their investors.Dustin is a full-time real estate investor, father, entrepreneur, athlete, and philanthropist. With his 15 years of experience in the industry, his driving force is his passion in helping others achieve their financial goals!Hayden grew in real estate. His teenage years have been filled with it and he has brought it to adulthood. He is a highly ambitious young entrepreneur with a passion for developing products and strategies to bring quality products and services to the marketplace. His secret? Modern approaches and solutions! [00:01 – 06:44] The Push and The GrowthLet's get to know Dustin Miles & Hayden Harrington Dustin and Hayden share their real estate story[06:45 – 9:59] Switching to Real EstateJust take actionHayden's winning action[10:00 – 15:29] The Power of Social MediaHow to educate investorsProcess for the FutureHayden and Dustin: Posting with a Purpose[15:30 – 22:16] The Good, The Bad, and The UglyDustin's burning horror storyThe Police vs. The Broker[21:54 – 34:45] THE FINAL FOURWhat's the worst job that you ever had?Dustin: Doing inventoryHayden: Single family laborWhat's a book you've read that has given you a paradigm shift?Hayden: OutliersDustin: Your Money or Your LifeWhat is a skill or talent that you would like to learn?Hayden: To have influence in front of a crowdDustin: Language, piano, dunk in basketballWhat does success mean to you?Dustin: Setting goals, seeing progress, giving backHayden: Adding value to people's livesPutting actions behind your wordsConnect with Dustin and Hayden. Links available below Tweetable Quotes:“Reputation is everything in this business.” - Hayden Harrington“I think that's so powerful if you can sell yourself and sell an idea. There's a ton of value in that.” - Hayden Harrington “Just trying to be a light in the world -- that's what success looks like.” - Dustin MilesResources Mentioned:The Purple BookConnect with Dustin by emailing dustin@momentummultifamily.com, Facebook, and LinkedIn. Connect with Hayden by emailing hayden@momentummultifamily.com, Facebook, and LinkedIn. Check out https://www.momentummultifamily.com/. LEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Support the show (https://www.buymeacoffee.com/weissadvice)
Make It Rain: Multifamily Real Estate Investing for Millennials
Hayden Harrington got his start in real estate flipping and renovating single family homes with his dad growing up. More recently, Dustin & Hayden put together over $10M in equity to close on 228 units (2012 asset), The Henry at Liberty Hills, in Houston, TX in late January. This was Hayden's first syndication and as a company, Dustin & Hayden have the goal of acquiring a new asset every quarter.Dustin Miles has been an entrepreneur his entire life starting at 8 years old and a candy business (his bus driver called him the candy man). He had an e-commerce business in college before turning to real estate about 15 years ago. Dustin started with 6 flips/rentals before cashing out and jumping into his first multifamily in 2012. To date, he has syndicated 11 deals and gone full cycle on 6. Hayden and Dustin put together over $10M in equity to close on 228 units (2012 asset), The Henry at Liberty Hills, in Houston, TX in late January.Outside of business, Dustin is on the board of Cancer Care Services, played soccer since he was 4, and is an avid runner.Hayden's Why: There are so many ways to add value to people's lives through multifamily real estate. From the partners you work with, the investors that put their trust in you, the employees that we are able to employ and the tenants that we able able to provide great places to call home. Dustin's Why: I want to set an example for my son and nieces and nephews. Momentum Multifamily's website: momentummultifamily.com | Dustin's email: dustin@momentummultifamily.com | Dustin's Instagram: @dustin.miles | Hayden's email: hayden@momentummultifamily.comFor more info, check us out at makeitraincapital.com.
Acquiring high-quality assets by researching areas and market trends and assisting others is one path to success. Today's guest is Dustin Miles, speaking about the benefits of being an active investor and wanting to help others achieve financial freedom.Key Takeaways To Listen ForWhat to look for as a passive investor Transitioning from passive to active investorNetworking to build a teamProcess in achieving a full-cycle dealCurrent state of the real estate marketImportance of taking care of tenants and investors Giving back to the communityAbout Dustin MilesDustin Miles is one of the founders of Momentum Multifamily. He focuses on the strategic direction, acquisitions, and asset management of the Company. Connect with DustinWebsite: Momentum MultifamilyEmail: dustin@momentummultifamily.comFacebook: Dustin MilesInstagram: dustin.milesLinkedIn: Dustin MilesTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams
Residents and investors can be best served by providing industry-leading services. Hayden Harrington joins the show and talks about investing in multifamily during the current market downturn. By tuning in, you'll learn how to take advantage and grow despite the situation.Key Takeaways To Listen ForSteps to start investing in multifamilySingle-family vs multifamily investingAligning who you want to do business withRaising capital and adding valueBenefits of mitigating risks in closing dealsChallenges in raising money with the current market situationInvesting in multifamily with the covid situationAbout Hayden HarringtonHayden is one of the founders of Momentum Multifamily. He focuses on the acquisitions efforts and asset management of the Company. Connect with HaydenWebsite: Momentum MultifamilyEmail: hayden@momentummultifamily.comTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams
The Economic Times defines risk mitigation as a means to reduce losses from the occurrence of any undesirable event. It is an important strategy that entrepreneurs should have as they start their business. In this episode, Dustin Miles of Momentum Multifamily tells us that one way he mitigates risks is by partnering with the right individual.Today, we will learn about Dustin's journey from doing a W-2 job to transitioning into a real estate investor. Dustin also talks about the importance of always having cash reserves because there are unforeseen events like recession and Covid-19 pandemic that may affect your business. He also details why the location of the property is as important as the management. Listen now and learn how partnerships can help you mitigate risks.
All things being equal, relationships can make the difference especially in Real Estate.Today's guest started out by getting to know brokers on a personal basis by taking them to lunch and staying in touch, then benefitted as opportunities arose, Dustin Miles, of Momentum Multifamily, has built his small empire on relationships and paying it forward. He's also learned the hard way that property management is the key.