Retiring Early, Real Estate Tax Strategies, and More with Christopher Mills

Passive Wealth Strategy Show - Real Estate for Busy Pros

Christopher Mills specializes in working with individuals and organizations who have or desire real estate holdings and helping them map out and achieve their financial goals. His real estate experience helps him address the complexities and opportunities unique to real estate investors. His specialties include alternative investments, 1031 Exchanges, and liquidity solutions. Working closely with members of The Haney Company, attorneys, and CPAs, his clients are able to benefit from a comprehensive approach to each individual situation.

[00:01 - 06:05] Opening Segment

• Christopher shares about his background
• Starting with real estate with property management experience

[06:06 - 14:35] Retiring Early, Real Estate Tax Strategies, and More

• Retiring early and entering real estate
• Christopher tells a story of how he fell in love with passive REI
• Finding the balance between not being real estate rich and cash poor
• What is DST?
  • Delaware Statutory Trust
  • Institutional Quality and More

[14:36 - 25:08] Asking for Financial Advice

• Things to Keep in Mind When Asking for Financial Advice
• It depends on what the financial advisor does for you
• Ask about their experience
• Relationships matter
• Be clear and ask questions
• Christopher talks about liquidity

[25:09 - 34:40] Closing Segment

• Quick break for our sponsors
  • Groundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.
• What is the best investment you've ever made other than your education?
  • Single family homes in a developing neighborhood
• Christopher’s worst investment
  • A restaurant

• What is the most important lesson that you've learned in business and investing?
  • To go with your gut; bet on yourself
• Connect with my guest. See the links below.

Resources Mentioned:

• Rich Dad Poor Dad

Tweetable Quotes:

“It feels really really good to help people.” - Christopher Mills

“You need to be okay with what they bring to the table and the value that you think you’re going to get out of it.” - Christopher Mills

“Passive real estate investors just definitely need liquidity for life.” - Christopher Mills

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Connect with Christopher through Facebook and LinkedIn. Visit his websites https://www.thehaneycompany.com/ and https://mrcdmills.com/

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

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