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 f inance 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 Learn more about your ad choices. Visit megaphone.fm/adchoices