9
QUESTIONS

Jack Miller’s Success Story

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As a part of our exclusive Real Estate Investor Success Stories series, we spotlight inspiring stories of the most successful real estate investors in the industry!

In today’s issue, we’re going to highlight the fascinating story of a highly successful real estate investor in Pennsylvania — Mr. Jack Miller.

Jack is the Founder and CEO of Gelt Financial, LLC, a hard money lending company in Boca Raton, FL.

Jack’s impressive achievements:

  • closes up to 10 deals per month
  • earns up to $10M of annual net profit
  • is proficient in creative financing, long-term rentals, and house flipping
  • has been in business for more than 20 years

Read Jack’s success story below to learn how he got to where he is today. We hope Jack’s story inspires you and serves as a stepping stone for your own real estate investing career.

1
QUESTION

What led you to start investing in real estate?

What led you to start investing in real estate

I was very young, right out of high school. I had a ton of energy with big dreams; I was very hungry and loved to work.

But I also had dyslexia, so college was not an option. I fell into real estate investing and lending at the right time, worked 24/7 and loved every moment of it.

I kept building and pivoting with each economic turn in the market, and 40 years later, I am still going strong.

2
QUESTION

What challenges did you face at the beginning of your real estate investment career?

Some people would say, “no money, no credit, and no knowledge” was a challenge. I would say, it put me on a great path where I had to figure things out.

If you have a desire to make it, you will figure out a way to make it work using what you have. So, I took the challenges and made them strengths.

 

What helped you to overcome those challenges?

A burning desire to succeed, build, and make money for my family, as well lack of a Plan B.
Of course, there is a lot more to it than one sentence, but that one sentence says it all.

But for whatever reason, I was always very hungry to succeed, loved to work hard, was focused, and had the ability to keep getting up when I fell down.

 

What was the most stressful challenge you had to overcome during your career?

In 2006, I purchased a bank right before the world went into a deep recession. That was a disaster.

I lost a lot of my money, as well as my friends’, years of my life, and it was a real disaster in so many ways. It took me a long time to get back on a path of success mentally.

3
QUESTION

What has been the most rewarding part of your career?

Helping and partnering with other people by far has been very rewarding, as well as building something real that will last.

A very few people in this industry are survivors. Most disappear at an economic downturn. I started my company in 1989 and I’m very proud we have survived and thrived.

4
QUESTION

What lead generation strategy have you found to be the most effective for your business?

We survive on referrals.

Find more suggestions of the best real estate investor lead generation software reviewed by Real Estate Bees.

— Kimberly Anderson, Senior Creative Editor at Real Estate Bees
5
QUESTION

What essential software tools do you use in your investing business that you can’t live without?

There is not one and they are always changing, but we always are using multiple ones.

Find more suggestions of the best real estate investment software reviewed by Real Estate Bees.

— Kimberly Anderson, Senior Creative Editor at Real Estate Bees
6
QUESTION

Can you recommend one or more training programs/courses that catapulted your business to the next level?

Can you recommend one or more training programs courses that catapulted your business to the next level

Not really. To be blunt, most are not great, but there are a lot of them and you can learn from most of them.

Find more suggestions of the best real estate investor courses, training courses for landlords, and best house flipping courses for beginners reviewed by Real Estate Bees.

— Kimberly Anderson, Senior Creative Editor at Real Estate Bees
7
QUESTION

Can you recommend one or more must-read books that have greatly impacted your business?

Can you recommend one or more must-read books that have greatly impacted your business

I am an avid reader, reading numerous books a month on business as well as biographies on business success. You can pick up things from most of them.

Find more suggestions of the best real estate investing books reviewed by Real Estate Bees.

— Kimberly Anderson, Senior Creative Editor at Real Estate Bees
8
QUESTION

Can you share any funny or unusual anecdotes from your career?

I/We try to uplift everyone we come in contact with. I am purpose-driven and believe uplifting people is one of my purposes. Many funny stories along the way.

9
QUESTION

What is your advice to newbies who are just starting out in their real estate investing career?

Learn, learn, and make the investment in time that it takes. Don’t give up. Take a long view of things. It’s not “Get rich quick,” but “Get rich.”

 


If you also want to share your real estate investing success story with the thousands of Real Estate Bees’ readers nationwide, apply here. It’s absolutely free!

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