Ep. 12: Building Strong Connections: The Key to Success in Real Estate Investing with Chastin Miles

This week our guest is Chastin Miles - real estate agent and investor.

Chastin discusses his experiences in owning single-family rental properties and his move towards commercial and multifamily properties. He talks about the importance of understanding the market and the benefits of having good connections and relationships in the real estate industry. He also touches on his preference for appreciation over cash flow and the challenges of being a landlord. The conversation also covers topics such as the South Dallas market, co-working spaces, and the impact of digital trends on the built environment.

Key Takeaways

• Understanding market trends and having strong connections in the real estate industry is crucial for success in real estate investing.
• Appreciation is more important than cash flow for some investors, and it is important to understand one's personal preferences and goals.
• Relationships with bankers, mortgage lenders, and hard money lenders can be essential for obtaining funding and navigating potential challenges.
• Successful investors often have experience and knowledge in the industry that can help them make informed decisions.
• Commercial and multifamily properties can provide new opportunities for investors, but it may require partnering with others or seeking out new information and resources.

Time Stamps
Chastin’s real estate journey. (0:00)
Real Estate Portfolio (2:10)
On Being a CEO (7:34)
Money and time management. (9:57)
Hiring a real estate agent (13:18)
Pros/Cons of Single Family Rentals / SFR (15:52)
Market Focus(22:34)
The Dallas Market (25:18)
Vacancy rates (29:52)
Weekly Closing Qs (32:07)

About Chastin Miles
Chastin J. Miles is a distinguished entrepreneur, bestselling author, and influential real estate expert who empowers entrepreneurs nationwide. From a broke solo agent to leading a fast-growing real estate team, his innovative approach has made a significant industry impact. He holds high-profile roles, including CEO of CJM International, LLC, and Nationwide Influencer Leader at eXp Realty, and has been featured in publications like Forbes, The New York Times, and more.

chastinjmiles.com
@chastinjmiles

@hackingrepod