He Left his 9-5 Using THIS Real Estate Strategy (low interest rate) | Micheal Miller (Ep 151)
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Chief Financial Officer, Executive Vice President of Finance & Director, Installed Bldg Products
Search every verified Michael Miller interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Michael Miller, who holds roles including Chief Financial Officer and Executive Vice President of Finance at Installed Bldg Products, has appeared on podcasts and interviews discussing real estate investment strategies, product licensing, higher education, and community publishing. On a May 2025 episode of the Better Life Podcast, Miller described using creative finance methods such as subject-to acquisitions and private debt to acquire real estate, stating that "sub2 as a strategy is probably dying as a primary strategy" due to higher interest rates. He also said that "the best acquisition strategy for off-market deals, in my opinion, is always cash" and that "most people have retirement accounts they don't even consider part of their money," advocating for the use of self-directed IRAs in real estate. In earlier appearances, Miller discussed his work as director of product partnerships at NCH Corporation, where he said he reviews about 10 product submissions per day and emphasized the importance of non-disclosure agreements and defined intellectual property. He has also spoken about his career in higher education, having presented at over 550 colleges and universities, and about his role as publisher of Miami Community Newspapers, a family business his father purchased in 1960. Miller has described his approach to success as "getting up every day and doing the thing you do" and has said he would create a foundation for personal responsibility if given the resources.
“No matter how much money I make here I'm still trading my time for it and I'm not building anything I can give to my kids.”
“I didn't sign up for this mortgage saying that if I didn't feel like paying it anymore that I didn't have to.”
“Deed equals ownership. Trust equals money β I can transfer ownership of a property without ever even talking to the bank about their loan.”
“Despite popular belief, banks don't want houses. They want payments.”
“The do-on-sale clause gives the bank the option to call the mortgage due if the property sells, but that right doesn't obligate the bank to foreclose β often they prefer the consistency of payments.”
“Sub2 is legal β but it is not consequence-free; it carries a different set of risks and you must know how to mitigate them.”
“I would say sub2 as a strategy is probably dying as a primary strategy β rates aren't as sexy and it makes less sense to take over mortgages at 6%+.”
“The best acquisition strategy for off-market deals, in my opinion, is always cash β start with a cash offer, then negotiate price versus terms (e.g., subject-to) if needed.”
“Most people have retirement accounts they don't even consider part of their money; there is a huge amount of untapped capital you can use via self-directed IRAs for real estate.”
“It often makes more sense to pay someone 10β12% interest as private debt than to give them 50% of the upside β debt lets you keep ownership while providing attractive returns to lenders.”
“The reality is that the more work that we do on our end, the more that we add to the intellectual property, so the more that we add to the idea then of course the more we need to be able to get out of the product. Same as you as the inventor, if you bring a product to us right off the bat we're able to go and sell it w...”
“I definitely say a whole lot more no than I ever say yeses, and you just have to be kind about that and at least try to help people out.”
“The big thing is just to make sure that you have good agreements in place to start out with non-disclosure agreements that protect you whenever you're discussing it with the company.”
“If you are looking at doing something like Kickstarter, make sure that you go with the company who actually has done Kickstarter before. The world of doing that is long gone and you really have to hire professionals who understand how to properly put that product onto Kickstarter and manage the social media.”
“I get about 10 submissions a day on average, including weekends, so it's really key to keep everything organized to make sure I have properly looked at each thing that has been submitted.”
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Michael Miller On this week's show my guest host, Michael Miller, will help me get your burning invention questions answered.
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