BiggerPockets Real Estate Podcast

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

05.03.2018 - By BiggerPocketsPlay

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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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