277: Building a Six-Figure Family Real Estate Business with Ashley Wilson
BiggerPockets Real Estate Podcast - A podcast by BiggerPockets
Many families can’t even enjoy a holiday meal together — but today’s guest has built a real estate empire with hers! Today we sit down with Ashley Wilson, a house flipper who got started investing in real estate while living overseas in Europe. Today, Ashley shares how she has been able to generate six-figures in profit — almost from the beginning — using a highly systematic approach to building wealth. She also drops some huge knowledge bombs with advice on finding and funding deals — and even some never-before-heard advice on knowing what features to put into your next rehab! In This Episode We Cover:How Ashley and her family got involved in real estateHouse hacking their way in the beginningThe dynamics of the family businessAshley’s specialtyHow they split the profitWhat it’s like working with a familyFinding what is “light work” for youLong-distance investing and the core people on your teamHow she finds dealsClose-to-close houses through “stacking”How she designs homesHow they finance their dealsHer plans for the futureAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarBiggerPockets CalculatorsBrandon’s Instagram ProfileBiggerPockets Podcast 119: From Pro Athlete to Pro Real Estate Entrepreneur with Graham MinkBiggerPockets Youtube ChannelBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiDrive by Daniel PinkE-Myth by Michael GerberLong Distance Real Estate Investing by David GreeneFreakonomics by Steven Levitt & Stephen DubnerFire Round QuestionsWhat are the best ways you’ve found to estimate rehab costs? The rehab calculator on BP is fine but, how do you estimate the $$$ to put into each category?Should I buy a Home Warranty for my flip or not?Should I hire an inspector or just go with an experienced project manager/contractor on a walkthrough?Buyer coming back after months demand for repair costTweetable Topics:“Every house already has a limited market.” (Tweet This!)“You really have to love what you do.” (Tweet This!)Connect with AshleyAshley’s BiggerPockets ProfileAshley’s Company WebsiteFacebook PageInstagram Page