Turnkey Investing Lifestyle with Ali Boone

Formerly an Aerospace Engineer, Ali Boone is a real estate investor, author, and lifestyle entrepreneur. She left her 9-to-5 to pursue ultimate freedom—being able to work from wherever she wants, whenever she wants. Her ultimate goal is to challenge Tim Ferriss to a lifestyle design duel someday.

In this episode, Ali Boone shares how turnkey properties have given her the lifestyle she always wanted -- as passive and as hands-off with her real estate investing business but doing really well in it.

Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/

What you'll learn in just 17 minutes from today's episode:

Find out how the real estate business work for you even if you are hands-off in managing it
Learn about the advantages of having turnkey properties
Learn how to do due diligence with your turnkey providers, so you avoid horrible experiences

Resources/Links:

Get instant access to your FREE copy of the 'NOT Your-How-To Guide to Real Estate Investing'. Click here: https://www.hipsterinvestments.com/propertyprofits

Topics Covered:

01:32 - Taking a look at her real estate investing business
03:05 - How one thing led to another when a real estate investing opportunity landed in her inbox
05:04 - What properties did she invest in when she started compared to the deals she is having now
08:04 - What are turnkey properties
09:34 - Learn how to do proper due diligence
12:33 - What does the biggest turnkey horror stories boil down to
13:45 - Talking about the book she wrote -- what is it about and how it would help you in your real estate investing journey

Key Takeaways:

"With my properties and all my investments, I've always aimed for more passive income; I try to be as hands-off as possible. I landlord a property close to me. But even still, it's a nice property. I try not to be there all that often. And then most of my properties are out of state. I'm pretty hands-off. I have property managers." - Ali Boone

"Turnkeys are as hands-off as you can get, not completely hands-off, but it's much more passive." - Ali Boone

"When you learn how to do the due diligence, then you almost don't have to worry about the red flags. But in all fairness, because most of us don't know how to do that good level of due diligence, one of the first things is really just talking to other people and see who they have good experiences with." - Ali Boone

"I started a turnkey Facebook group for this exact reason, so more people can be talking, and turnkey providers aren't allowed in it. Because I want people to openly share what works, and what doesn't." - Ali Boone

"One good tip on due diligence, have someone with more experience tell you the list of things to check on." - Ali Boone

"You can have every how-to guide in the world handed to you, but if your mindset is off, there's no how-to guide in the world that's going to help you." - Ali Boone

Connect with Ali Boone: