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BiggerPockets Real Estate Podcast

372: Flipping and Rental Property Investing 2,000 Miles Away with Erin Helle

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 6 March 2020

⏱️ 79 minutes

🧾️ Download transcript

Summary

Securing financial freedom for her family through long-distance real estate investing! West Point graduate Erin Helle's story starts the day she was ordered to deploy to Afghanistan. She already had a young daughter, and her husband was headed to Iraq. Something had to change. Mix in a serious health condition, the result was this: Erin felt forced to take action and build something that would endure and provide for her daughters no matter what. In this episode, you'll learn which steps she took. From buying new construction, to flipping at a distance, to using a self-directed IRA to purchase a rental property, this show is packed with valuable lessons from an investor who's acquired 20 doors in the span of two years. Erin shares a powerful story that's sure to make you think hard about the legacy YOU plan to leave behind and what you plan to do to get there. In This Episode We Cover: Buying new construction Generating momentum as a newbie investor Erin's key performance indicators Lead measures vs. lag measures Out-of-state real estate investing Teaching young kids about money Why getting your real estate license may be overrated Why she doesn't "DIY" anymore And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar BiggerPockets Podcast 355: From Small-Time Landlord to 1,000+ Units Under Contract with Ryan “The Mercenary” Murdock Open Door Capital $13M in Equity from One Deal & Cash Flowing Despite Being Comatose with AJ Osborne Brandon's Instagram Craigslist Zillow Redfin BiggerPockets Money Podcast BiggerPockets Business Podcast Click here for full show notes: http://biggerpockets.com/show372 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the BiggerPockets Podcast Show, 372.

0:04.0

I'm not having to look for properties anymore.

0:07.0

If anything, I'm not even able to look at a lot of the ones that come my way.

0:11.0

So that's something that when I was first looking for my first flip I was like how do

0:14.8

people find these properties it's impossible and even finding 10 a day to analyze was

0:19.2

difficult and now it's I have the opposite problem and that's what I tell people all the time like

0:24.2

there are plenty of deals to go around so don't you know don't worry about the

0:27.4

deals. You're listening to bigger pockets radio simplifying real estate for investors large and small. If you're here

0:35.7

looking to learn about real estate investing without all the height, you're in the

0:39.6

right place. Stay tuned and be sure to join the millions of others who have benefited from bigger pockets.com.

0:47.0

Your home for real estate investing online.

0:50.0

Hey, what's going on everyone? This is Brandon, host of The BiggerPockets podcast, here in the

0:57.1

Sea Shedd with my friend David Green. David Green's not actually here, but you know whatever you're in the in the

1:03.4

he shed of northern California what's up buddy I wouldn't mind being in Hawaii I think we

1:08.2

got there in a couple weeks right I think you are coming out in a few weeks I've got a lot of fun

1:11.4

stuff plan if I were to do some maybe live podcast recordings or at least like in-person ones I got a couple

1:16.1

things they do there I'm pretty pumped and excited about some videos I think last time I was

1:20.3

there you jumped in the pool with your clothes on right I think I did that was fun we might put a link to that in the show and it's at bigger pockets that com

1:26.7

so show three seventy two just watch the last like ten seconds of that video

1:31.2

anyway dude today's show we just got done recording with Aaron Helly and Aaron

1:37.2

brought so much value. It's going to blow your guys' mind. Aaron is a former military, well, her husband's in the military right now, she was military, a mom of two who is just crushing it in the world of long distance real estate investing right now.

1:53.0

Tons of good tips in there, tons of great suggestions and ideas for managing contractors

...

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