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
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