Episode 230: Achieving Time Freedom through Real Estate: A Conversation with Sarah Miskelly

05/27/24 • 27 min

Follow Mike and Shawn on Instagram!

Shawn: @shawn_dimartile
Mike: @miketighe_

In this episode, Sarah Miskelly shares her unique journey in real estate investing, from growing up in a modest apartment to becoming a successful investor and entrepreneur. She discusses the importance of starting early and learning from experienced investors, as well as the value of investing as a limited partner (LP) to gain valuable insights and build relationships. Sarah also emphasizes the need for due diligence when choosing partners and shares her own experience of investing with an untrustworthy general partner (GP). She provides advice for aspiring investors and highlights the importance of finding your niche and building authentic relationships in the industry. Sarah also discusses the current state of the market and offers insights on how to pivot and find profitable opportunities in any market condition.

Some key takeaways from this episode:

Starting early and gaining exposure to real estate at a young age can provide valuable knowledge and experience
Investing as a limited partner (LP) allows individuals to gain insights into the investment process and build relationships with experienced investors
Due diligence is crucial when choosing partners, and it is important to assess their track record, integrity, and alignment with your investment goals
Building authentic relationships and networking are essential in the real estate industry, and attending conferences and meetups can provide valuable opportunities
Pivoting and adapting to market conditions is key to finding profitable opportunities, and different asset classes may offer attractive prospects depending on the market

How to connect with Sarah:

LinkedIn: Sarah Miskelly

Website: Hylee Capital

Instagram: @sarah.miskelly

Learn more about Mike and Shawn:

Follow Mike and Shawn on Instagram!

Shawn: @shawn_dimartile
Mike: @miketighe_

Some key takeaways from this episode:

Starting early and gaining exposure to real estate at a young age can provide valuable knowledge and experience
Investing as a limited partner (LP) allows individuals to gain insights into the investment process and build relationships with experienced investors
Due diligence is crucial when choosing partners, and it is important to assess their track record, integrity, and alignment with your investment goals
Building authentic relationships and networking are essential in the real estate industry, and attending conferences and meetups can provide valuable opportunities
Pivoting and adapting to market conditions is key to finding profitable opportunities, and different asset classes may offer attractive prospects depending on the market

How to connect with Sarah:

LinkedIn: Sarah Miskelly

Website: Hylee Capital

Instagram: @sarah.miskelly

Learn more about Mike and Shawn:

Previous Episode

Episode 229: Real estate developer Aaron Yassin discusses the process of selling condominiums in New York

Follow Mike and Shawn on Instagram:

Shawn: @shawn_dimartile
Mike: @miketighe_

In this episode, host Mike Tighe interviews Aaron Yassin, a real estate developer based in Brooklyn, New York. Aaron shares his unique journey into real estate development, starting from being a fine artist to purchasing properties for his studio. He explains the process of developing ground-up condominium buildings and the challenges and opportunities that come with it. Aaron also discusses the importance of vertical integration and finding the right team to execute development projects successfully. He emphasizes the significance of understanding the market dynamics and tailoring the marketing approach to target buyers directly.

Some key takeaways from this episode:

Aaron's background as a fine artist led him to purchase properties for his studio, which sparked his interest in real estate development
Hive Developers focuses on ground-up condominium development, aiming to maximize the price per square foot in the markets they operate in
The process of developing a condominium building involves obtaining approval for a condo offering, which includes separate tax lots for each unit
Marketing and sales play a crucial role in the success of a condominium project, with the goal of targeting buyers directly and providing them with as much information as possible
As units are sold, the debt is paid down through lien releases, and the remaining units are sold until the senior debt is fully paid off

How to connect with Aaron:

LinkedIn: Aaron Yassin

Website and EBook: www.hivedevelopers.nyc

Learn more about Mike and Shawn:

Next Episode

Episode 231: Antonio Cucciniello shares his journey and tips for real estate investing

Follow Mike and Shawn on Instagram:

Shawn: @shawn_dimartile
Mike: @miketighe_

In this episode, Mike Tighe interviews Antonio Cucciniello, who shares his real estate journey and how he started investing in properties. He discusses the importance of finding alternative sources of income, especially for retirement, and how he used cash-out refinances to expand his real estate portfolio. Antonio also talks about his current focus on helping others get started in real estate investing through his company, House Hack Helpers. He emphasizes the importance of taking action and overcoming emotional barriers when it comes to investing in real estate. The episode concludes with a discussion on the potential of short-term rentals and the benefits of house hacking.

Some key takeaways from this episode:

Antonio Cucciniello started investing in real estate to provide a retirement income for his father and build a legacy for his future family
Cash-out refinances allowed Antonio to recycle his initial capital and purchase more properties, expanding his real estate portfolio
Antonio co-founded House Hack Helpers, a company that flips duplexes, triplexes, and quadplexes and sells them to individuals interested in house hacking
Overcoming emotional barriers and taking action are crucial for success in real estate investing
Short-term rentals can be a profitable option for maximizing rental income, but they require additional upfront costs and considerations

How to connect with Antonio:

Instagram: @investarters

Book: The Beginner Real Estate Investor Playbook: A Step-by-Step Guide to Buying Your First Rental Property

Learn more about Mike and Shawn: