Episode 72: Leveraging Relationships while Overseas: Daniel Mills

<p><strong>In this episode, we explore:</strong></p> <ul> <li>Guest Background<br> </li> <li>Financial Mindset<br> </li> <li>Real Estate Investment Strategy<br> </li> <li>Conventional Financing on a Single Family house<br> </li> <li>Biggest challenges in investing overseas<br> </li> <li>Understanding the time difference when investing overseas<br> </li> <li>Why it’s not good to invest real estate in Japan<br> </li> </ul> <p><br></p> <p><strong>About Daniel:</strong></p> <p>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&nbsp;limited partner in two multi-family syndications and is seeking additional private placements in self-storage, industrial, mobile home parks, and senior living.</p> <p>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.</p> <p><br></p> <p><strong>Snapshot: 42:14</strong></p> <ol> <li>What is your number one failure in real estate?<br> </li> </ol> <ul> <li>I chased the 1% rule too much.<br> </li> </ul> <ol> <li>What advice do you have for other military investors to be successful?<br> </li> </ol> <ul> <li>Plug in to a lot of these investor groups.<br> </li> </ul> <ol> <li>What inspired you to marry a military and serve your country?<br> </li> </ol> <ul> <li>Joining the marine corp was going to give me the discipline and the skills I needed to succeed later in life.<br> </