HERO Capital Raising Show

EP 480 - From Engineer to Real Estate Mogul: Raising $350M with Dustine Miles of Momentum Multifamily

Tim Mai and Javier Hinojo Season 2 Episode 480

Discover how Dustin Miles, the Principal and Managing Partner of Momentum Multifamily, discusses his incredible journey from a Lockheed Martin engineer to a multifamily real estate powerhouse. 

Dustin has helped raise over $350 million, successfully acquiring and managing more than 3,000 units. He shares his valuable insights on the evolution of multifamily investing, the lessons learned from his first capital raise, and the strategies that have fueled his success. Whether you’re new to real estate or a seasoned investor, Dustin’s story will inspire you to think bigger and embrace the power of relationship-building and value-driven investments. Tune in for practical advice on how to navigate the ever-changing landscape of multifamily, raise capital, and scale your portfolio!


Key Takeaways to learn from this episode:

  1. The Power of Systems: Learn how Momentum Multifamily approaches real estate investments like a franchise, using consistent operations and systems for scalability.

  2. Raising Capital: Discover the importance of building trust and credibility with investors—Dustin's first capital raise involved a simple but effective approach that earned investor confidence.

  3. Navigating Market Challenges: Hear how Momentum Multifamily overcame the challenges of 2021-2023 by getting creative with tax abatements and capital calls.

  4. Building Relationships: Dustin emphasizes the importance of in-person networking and staying visible through podcasts, webinars, and meetups to connect with potential investors.

  5. Investor-First Focus: Get insights on the importance of focusing on what your investors need, whether it's cash flow, diversification, or tax advantages.


About Tim Mai

Tim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.

He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.

He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares. 

He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.

Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.

Connect with Tim
Website: Capital Raising Party
Facebook: Tim Mai | Capital Raising Nation 
Instagram: @timmaicom
Twitter: @timmai
LinkedIn: Tim Mai
YouTube: Tim Mai 

Communication is a non-negotiable skill for every operator.

Don stresses that investors tolerate challenges—but never silence. Transparent communication builds trust, and avoiding tough updates destroys it.