15: 5 Steps to Reach Financial Freedom in 15 Years Through Long-Distance Investing With Elyse Rasmussen
01:02:47 Share

In 2017, she had done zero deals. Today, she's got 20 units and is nearing her goal of financial freedom by age 45.

In this episode, Elyse Rasmussen shares five tips for rookies interested in long-distance investing... although each can easily be applied to investing in your own backyard, too.

Check out her Instagram page **@investingforfinancialfreedom **for some #landlordmemes, and be sure to join the Real Estate Rookie Facebook group to tell us what you think of this episode!

In This Episode We Cover:

• Elyse and her husband's plan to reach financial freedom by age 45

• What to look for when **choosing a market **out of state (climate, natural hazards, tax policies, etc.)

• Joining a network of long-distance investors to find referrals

• Finding and vetting a dual property manager/real estate agent

• Her approach to insurance policies for 19 properties

• Buying properties at online auction, step by step

• And SO much more!

Links from the Show

• Real Estate Rookie Facebook Group)

• Felipe's Instagram)

• Ashley's Instagram)

• BiggerPockets Podcast)

• How to Buy Real Estate & Build Your Portfolio Fast! ("The Stack!"))

• Marshall Reddick)

• BiggerPockets Glossary)

• BiggerPockets Guest)

• National REIA)

• Meetup App)

• BiggerPockets Events and Happenings)

• Brandon Turner's BiggerPockets Profile)

• Auction.com)

• Xome)

• Cashflow Quadrant)

Check the full show notes here: http://biggerpockets.com/rookie15

Learn more about your ad choices. Visit megaphone.fm/adchoices)