BiggerPockets Real Estate Podcast

Building HUGE Equity With 100% Hands-Off Investing

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.

40:06

Episode guests

Dominique Gunderson

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Episode notes

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Quick takeaways

Dominique Gunderson successfully flips houses from a distance by building a reliable out-of-state team and streamlining her operations.

Her strategy incorporates both flipping and holding rental properties, creating long-term financial stability and allowing for consistent cash flow.

Deep dives

Embracing Long-Distance Flipping

Dominique Gunderson developed a novel approach to real estate by embracing long-distance or out-of-state flipping. Initially starting her investment career in an expensive market, she quickly realized the necessity to pivot to a more affordable location, which led her to New Orleans. With a family connection in the area, she was able to build a support network that facilitated her ventures despite being 2,000 miles away. This approach has allowed her to establish a robust flipping business while maintaining a location-flexible lifestyle, traveling around the country in an RV.

Intro

2min

The Journey to Successful Out-of-State Flipping

11min

Lessons from the First Investment: Foundations for Future Success

5min

Real Estate Investment Strategies

5min

Scaling Real Estate Investments

7min

Scaling Real Estate Success

10min

House flipping can make you wealthy. Everyone has seen the TV shows, podcast interviews, and the high-priced renovations, even in their own neighborhoods. But what if where you live is WAY too expensive to flip houses? The home costs are high, the labor costs are high, and underpriced, outdated homes are hard to find. Thankfully, you’re not out of luck. Today, we’re teaching you how to flip houses from a distance, even thousands of miles away!

Dominique Gunderson is currently flipping 12 houses from 2,000 miles away. Yes, it’s possible (and profitable), and Dominique has made it her full-time business. As a Los Angeles native, Dominique couldn’t afford anything in her home market, but through visiting family in New Orleans, she realized it was the perfect place to flip. So, she slowly started scaling a team that would allow her to be anywhere in the world while she ran her business.

In only her mid-twenties, she’s been able to build a team that takes care of the renovations and rehabs for her while she handles finding the deals and getting the funding. Today, she’s teaching you how to do the same: build your out-of-state team, scale the right way, and when (and how) to delegate so you don’t do all the work. She’s even breaking down her profit margins and revealing how much you can actually make flipping in affordable markets.

In This Episode We Cover:

How to flip houses anywhere (and FROM anywhere!) without doing the work yourself

How much long-distance flips can make you in 2025 (Dominique’s profit margins)

Building your boots-on-the-ground team to handle renovations for you

When to flip vs. hold and signs a flip should become your next rental property

The secret to scaling your team so you can do less work and make more money

And So Much More!

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