Long-distance investing may sound like an impossible feat to achieve for many investors. What if something goes wrong in the house? What if something needs fixing? What if there are problems with tenants? As today’s guest Sarah Weaver puts it, “do nothing”, your core four can handle it all so you don’t have to stress.
Sarah knows what she’s talking about—she’s been a nomadic landlord for years now, teaching agents and investors how to grow their businesses while living their dream life. Sarah was able to close on twelve units while operating abroad and working remotely. She was buying fourplexes while hiking in New Zealand, landlording while on the beaches of Bali, and growing her businesses while enjoying everything South America had to offer.
Sarah embodies the exact type of life so many investors are looking for. The difference between most investors and Sarah? She let go of fear and kept her goals in mind, no matter what she was doing. This way, she’s been able to retire off of fifteen rental properties in less than a decade while running her own business, traveling, and really doing whatever she wants!
In This Episode We Cover:
Really long-distance investing and how your boots on the ground team make it possible
How to find an investor-friendly agent that will provide big value to your business
What agents need to know before they start working with real estate investors
Having a crystal clear criteria and using it easily find real estate deals
Medium-term rentals that provide less risk and more rent than long-term rentals
The long-distance BRRRR and using it to invest in affordable areas
Quickly find a local, investor-friendly real estate agent who can help you find, analyze, and close your next deal using the Agent Finder
And So Much More!
Links from the Show:
BiggerPockets Website
BiggerPockets Forums
Keller Williams Website
Airbnb
VRBO
Facebook Marketplace
Furnished Finder
Aria Design Services
Hospitable (formerly Smartbnb)
Personal Capital
AirDNA
BPCON2021
How to Use the DISC Profile to Communicate Effectively in Business , an article by David Greene
Robert Abasolo's Instagram
Robert Abasolo's TikTok
David Greene's Instagram
Craig Curelop's BiggerPockets Profile
Matt Faircloth’s BiggerPockets Profile
Check the full show notes here: https://www.biggerpockets.com/show563
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