CTW 063: Ali Boone - The Truth About Turn-Key Investing
Ali Boone is a real estate investor and lifestyle entrepreneur, and has literally defined non-conformity when it comes to her career. Ali left her corporate 9-to-5 job as an Aerospace Engineer, despite the “dream job” status that came with it, to start her real estate investing company, Hipster Investments. Hipster managed to facilitate over $18M in real estate investment transactions in it’s first five years of business. Ali’s primary focus in real estate, and with Hipster, revolves around passive income and passive investment options, and she is most involved with turnkey rental properties.
As of today, Ali has written 170 articles on BiggerPockets, the world’s leading real estate investing website, and she’s been featured in Fox Business, The Motley Fool, and Personal Real Estate Investor Magazine.
Some of the topics discussed:
- The definition of a turn-key property
- Expected return rates on turn-key properties and managing expectations regarding it
- Types of financing that is most common in turn-key investments
- Why to avoid big bank loans for this type of investment financing
- The advantages of doing turn-key investments vs. traditional investments in real estate
- Property management is the toughest part about real estate investing
- Ways to vet and find the right property manager for your project
- Shopping around to find the right property manager or other partner etc. to find one that meets your needs
Connect with Ali on her website, hipsterinvestments.com or email her at ali@hipsterinvestments.com
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