
15: 5 Steps to Reach Financial Freedom in 15 Years Through Long-Distance Investing With Elyse Rasmussen
In 2017, she had done zero deals. Today, she's got 20 units and is nearing her goal of financial freedom by age 45.In this episode, Elyse Rasmussen shares five tips for rookies interested in long-distance investing... although each can easily be applied to investing in your own backyard, too.Check out her Instagram page @investingforfinancialfreedom for some #landlordmemes, and be sure to join the Real Estate Rookie Facebook group to tell us what you think of this episode!In This Episode We Cover:Elyse and her husband's plan to reach financial freedom by age 45What to look for when choosing a market out of state (climate, natural hazards, tax policies, etc.)Joining a network of long-distance investors to find referralsFinding and vetting a dual property manager/real estate agentHer approach to insurance policies for 19 propertiesBuying properties at online auction, step by stepAnd SO much more!Links from the ShowReal Estate Rookie Facebook GroupFelipe's InstagramAshley's InstagramBiggerPockets PodcastHow to Buy Real Estate & Build Your Portfolio Fast! ("The Stack!")Marshall ReddickBiggerPockets GlossaryBiggerPockets GuestNational REIAMeetup AppBiggerPockets Events and HappeningsBrandon Turner's BiggerPockets ProfileAuction.comXomeCashflow QuadrantCheck the full show notes here: http://biggerpockets.com/rookie15
Show Notes
In 2017, she had done zero deals. Today, she's got 20 units and is nearing her goal of financial freedom by age 45.
In this episode, Elyse Rasmussen shares five tips for rookies interested in long-distance investing... although each can easily be applied to investing in your own backyard, too.
Check out her Instagram page @investingforfinancialfreedom for some #landlordmemes, and be sure to join the Real Estate Rookie Facebook group to tell us what you think of this episode!
In This Episode We Cover:
- Elyse and her husband's plan to reach financial freedom by age 45
- What to look for when choosing a market out of state (climate, natural hazards, tax policies, etc.)
- Joining a network of long-distance investors to find referrals
- Finding and vetting a dual property manager/real estate agent
- Her approach to insurance policies for 19 properties
- Buying properties at online auction, step by step
- And SO much more!
Links from the Show
- Real Estate Rookie Facebook Group
- Felipe's Instagram
- Ashley's Instagram
- BiggerPockets Podcast
- How to Buy Real Estate & Build Your Portfolio Fast! ("The Stack!")
- Marshall Reddick
- BiggerPockets Glossary
- BiggerPockets Guest
- National REIA
- Meetup App
- BiggerPockets Events and Happenings
- Brandon Turner's BiggerPockets Profile
- Auction.com
- Xome
- Cashflow Quadrant
Check the full show notes here: http://biggerpockets.com/rookie15
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