103: Building a Long Distance Real Estate Empire One House at a Time with Elizabeth Colegrove

Is it possible to invest in real estate at a distance — successfully? While many might say “no,” today on the BiggerPockets Podcast we bring you Elizabeth Colegrove, who is working on securing her and her husband’s retirement by investing in one home at a time, largely from a distance. Learn the ins and outs of long distance property management and what to look for when deciding on properties to invest in. From “house hacking” to 1031 exchanges to long distance investing and more, this show is packed with wisdom (and debates) that are bound to inspire you to move your business forward, no matter where you live and where you invest. In This Show We Cover:How Elizabeth got started in real estateHow she was introduced to real estate when she was youngDiscussions about 1031 dealsSome tips on getting VA loansTips for new investors in looking for a propertyHow to successfully use short salesSelf managing from a distanceWhat type of properties she buysHow she handles costs and how she calculates themHer future real estate goalsA perspective on appreciationPlus MUCH more!Links From the Show:BiggerPockets’ Plus and Pro BiggerPocket’s Short Sale Definitive GuideThe Short Sale ProcessElizabeth’s post on Short SalesBooks Mentioned in the Show NOLO Legal Books Connect with ElizabethElizabeth’s BiggerPockets ProfileElizabeth’s Website