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Real Estate Rookie

217: 16 Units in 3 States as a BiggerPockets Power Couple Working Full-Time w/Evan and Katie Miller

Real Estate Rookie

BiggerPockets

Entrepreneurship, Education, Investing, Business, How To

4.7 • 1.8K Ratings

🗓️ 14 September 2022

⏱️ 72 minutes

🧾️ Download transcript

Summary

Successful real estate investors don't find success alone. Real estate is a relationship business, so eventually, you need someone— an agent, contractor, cleaning lady, or handyman. At times, your success depends on these people, so you need to build a relationship with them. Once you cultivate a relationship, maintenance becomes the next step, but how do you do that? How do you find the balance between too friendly and impersonal? How do you turn a transactional relationship into a transformational one? Today’s guests, Evan and Katie Miller, have prioritized relationship building in their business and have seen tremendous success. The advantage of investing as a couple is they balance each other out. Evan enjoys numbers, while Katie enjoys working with people—creating the balance they need to be a well-oiled real estate machine. They have sixteen units amongst seven properties in Florida, Denver, and Nebraska.  While growing their real estate business, they both work full-time jobs with a baby at home. Katie is the general manager at the BiggerPockets publishing division, which motivated her to invest because she sees the power of real estate every day. Since they still work full-time, they prioritize time management, relationship building, and organization. Evan and Katie hope to hit fifty properties in five years while keeping their full-time jobs. In This Episode We Cover Investing with a spouse or a significant other and how to find balance and set boundaries Appraisal issues and finding creative solutions vs. knowing when it’s time to step away Self-management vs. property management and whether outsourcing is worth it Vetting and finding the right property manager in a new market How to cultivate and maintain relationships both professionally and personally Out-of-state investing, learning how to invest in new markets, and the criteria you should have And So Much More! Links from the Show Ashley's Instagram Tony's Instagram BiggerPockets BPCON2022 BiggerPockets Bookstore Real Estate Rookie Facebook Group The Money Podcast The Real Estate Podcast AirDNA The Official BiggerPockets Facebook Group MLS LoopNet BiggerPockets Forums BiggerPockets Free Membership Real Estate Rookie Youtube Channel Connect with Evan and Katie: Evan's Instagram Katie's Instagram Evan's BiggerPockets Profile Katie's BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/blog/rookie-217 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is Real Estate Rookie Episode 217.

0:07.0

Get out of here.

0:09.0

And really when you're, you know, working with deaths,

0:13.0

working with tenants or working with like your cleaners, you know,

0:16.0

there's like three things, right?

0:18.0

Treat others as you want to be treated.

0:20.0

It's pretty simple.

0:21.0

A golden rule to live by and regardless of who,

0:24.0

if you're paying someone or they're paying you,

0:27.0

it's just treating them as real humans, right?

0:30.0

Like they have bad days, I have bad days.

0:32.0

The third thing is just leading with honesty.

0:34.0

It goes both ways, the more that you're honest with them,

0:37.0

they'll bring it back to you.

0:39.0

My name is Ashley Care and I am here with my co-host, Tony Robinson.

0:44.0

And welcome to the Real Estate Rookie Podcast,

0:46.0

where every week, twice a week, we bring you the inspiration,

0:49.0

information, education, you need to kick start your investing journey.

0:53.0

And usually I start off with a cool review from like iTunes,

0:58.0

you're ever, but I didn't do that today.

1:00.0

So today, I'm just going to ask you, please leave us a review on

1:03.0

whatever platform it is you listen to, the more reviews we get,

...

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