REAL ESTATE EXPERT EXPLAINS How To Transition from Residential to Commercial - Samantha Miller
Manage episode 430892475 series 3575631
Samantha Miller discusses her journey in the real estate market, emphasizing the importance of understanding personal finance and recommending key books like 'Rich Dad Poor Dad' and 'Never Split the Difference'. She shares insights on transitioning from residential to commercial properties, the value of networking, and the necessity of consistent follow-up.
Samantha highlights the importance of building relationships, staying top of mind with clients, and the advantages of her brokerage firm. She also touches on the current state of the real estate market, challenges in multifamily development, and the rise of self-storage, while sharing strategies for balancing work and personal life.
Takeaways
- Understanding personal finance is crucial before starting a business
- Networking events are valuable for building relationships and finding opportunities
- Consistent follow-up is key to staying top of mind with potential clients and partners
- Focus on adding value and offering help rather than asking for something
- Building a strong network can lead to inbound leads and opportunities Regularly review and assess your performance to identify areas for improvement
- Set clear goals and create a plan to achieve them
- Focus on your strengths and become an expert in a specific area of the industry
- Develop local market expertise and build relationships with clients and industry professionals
- Stay informed about market trends and adapt your strategies accordingly
- Consider the challenges and opportunities in different property types, such as multifamily and self-storage
- Maintain a balance between work and personal life by setting boundaries and prioritizing self-care
Follow Me At:
Linkedin: https://www.linkedin.com/in/aldochandra/
Instagram: https://www.instagram.com/aldoschandra/
Website: https://kaizenblueprint.com/
Follow Samantha Miller:
Linkedin: https://www.linkedin.com/in/samanthaleemiller
Instagram: https://www.instagram.com/samanthaleemiller_/
Website: https://select-ca.com/
Chapters
00:00 Introduction and Current Market Trends
01:21 Sam's Journey from Nursing to Real Estate
04:25 The Importance of Personal Finance
08:25 Transitioning from Residential to Commercial Properties
15:26 Networking: Building Relationships and Finding Opportunities
19:12 Consistent Follow-Up: Staying Top of Mind
22:42 Adding Value and Offering Help in Networking
28:37 Building a Strong Network for Inbound Leads and Opportunities
35:19 Self-Review and Goal-Setting
38:03 Advantages of a Local Brokerage Firm
44:29 Challenges and Opportunities in the Real Estate Market
46:57 Navigating the Multifamily Development Landscape
50:39 The Rise of Self-Storage in the Real Estate Industry
54:46 Focus and Execution: Keys to Success in Real Estate
56:11 Balancing Work and Personal Life in a Demanding Industry
- (00:00) - Introduction and Current Market Trends
- (01:21) - Sam's Journey from Nursing to Real Estate
- (04:25) - The Importance of Personal Finance
- (08:25) - Transitioning from Residential to Commercial Properties
- (15:26) - Networking: Building Relationships and Finding Opportunities
- (19:12) - Consistent Follow-Up: Staying Top of Mind
- (22:42) - Adding Value and Offering Help in Networking
- (28:37) - Building a Strong Network for Inbound Leads and Opportunities
- (35:19) - Self-Review and Goal-Setting
- (38:03) - Advantages of a Local Brokerage Firm
- (44:29) - Challenges and Opportunities in the Real Estate Market
- (46:57) - Navigating the Multifamily Development Landscape
- (50:39) - The Rise of Self-Storage in the Real Estate Industry
- (54:46) - Focus and Execution: Keys to Success in Real Estate
- (56:11) - Balancing Work and Personal Life in a Demanding Industry
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