BiggerPockets Real Estate Podcast

Building HUGE Equity With 100% Hands-Off Investing

27 snips
Mar 17, 2025
Dominique Gunderson, a dynamic real estate investor and remote flipping expert, shares her journey from Los Angeles to successfully managing 12 properties in New Orleans. She discusses the art of building a reliable team for out-of-state flips and emphasizes the power of networking in unfamiliar markets. Dominique reveals her profit strategies and how to effectively delegate tasks while maintaining flexibility in her business. She also highlights the potential returns of long-distance flipping in more affordable markets.
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ANECDOTE

Early Career and Transition to Flipping

  • Dominique Gunderson started in real estate right out of high school, getting her license at 17.
  • She began with wholesaling to build capital, then launched her own investment company in New Orleans in 2019, focusing on out-of-state flipping.
INSIGHT

Why Out-of-State Flipping?

  • Dominique chose out-of-state flipping due to high costs in her local Los Angeles market.
  • New Orleans offered affordability and a connection through family, making it easier to build a trusted team remotely.
ADVICE

Building a Remote Team

  • Building a reliable local team is crucial for out-of-state flipping.
  • Network consistently, both online and offline, to find trustworthy agents, contractors, and project managers.
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