277: Building a Six-Figure Family Real Estate Business with Ashley Wilson

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 estate
• House hacking their way in the beginning
• The dynamics of the family business
• Ashley’s specialty
• How they split the profit
• What it’s like working with a family
• Finding what is “light work” for you
• Long-distance investing and the core people on your team
• How she finds deals
• Close-to-close houses through “stacking”
• How she designs homes
• How they finance their deals
• Her plans for the future
• And SO much more!

Links from the Show

• BiggerPockets Forums
• BiggerPockets Webinar
• BiggerPockets Calculators
• Brandon’s Instagram Profile
• BiggerPockets Podcast 119: From Pro Athlete to Pro Real Estate Entrepreneur with Graham Mink
• BiggerPockets Youtube Channel

Books Mentioned in this Show

• Rich Dad Poor Dad by Robert Kiyosaki
• Drive by Daniel Pink
• E-Myth by Michael Gerber
• Long Distance Real Estate Investing by David Greene
• Freakonomics by Steven Levitt & Stephen Dubner

Fire Round Questions

• What 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 cost

Tweetable Topics:

• “Every house already has a limited market.” (Tweet This!)
• “You really have to love what you do.” (Tweet This!)

Connect with Ashley

• Ashley’s BiggerPockets Profile
• Ashley’s Company Website
• Facebook Page
• Instagram Page

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