Lessons from a Financially Free Turnkey Leader with Ali Boone

Passive Wealth Strategy Show - Real Estate for Busy Pros

Ali Boone is a real estate investor & entrepreneur, and a real estate investing coach. 10 years ago she dumped her 9-to-5 job as an Aerospace Engineer after beginning to invest for herself and successfully shifted into real estate investing full-time. She recently authored Not Your How-To Guide to Real Estate Investing: Life Lessons on Hacking Your Mind Before You Hack Your Wallet. Outside of general real estate coaching, she also assists turnkey rental property investors through the turnkey investing process and has done several businesses consulting jobs where she helps smaller-sized business owners or individuals restructure their businesses to achieve more efficiency and success. Ali is a flight instructor, have been flying airplanes since she was in college, and when she's not playing outdoors or skiing the slopes, she's volunteering in California prisons with The Freedom to Choose Project.

[00:01 - 07:46] Opening Segment

• Get to know Ali Boone
• Reconnecting with Ali after 2 years!
• “Uh-oh, I don’t like it…” Ali’s road to passive real estate investing

[07:47 - 19:51] Lessons from a Financially Free Turnkey Leader

• Long-term Turnkey Investor
• Why turnkey is not a value-add deal
• Giving full support to others
• Turnkeys are hands-off properties
  • “You can’t assume perfection.”
  • “You need to stay on top of things.”

[19:52 - 30:03] Participating in Your Investment

• It’s not an excuse to not do due diligence.
• Why this industry is not for everybody
• Ali talks about being your own advocate
  • Proactivity versus reactivity

[30:04 - 42:07] Closing Segment

• Quick break for our sponsors
  • Groundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.
• What is the best investment you've ever made other than your education?
  • Pre-construction beach investment development in Nicaragua
• Ali’s worst investment
  • Pre-construction beach investment development in Nicaragua

• What is the most important lesson that you've learned in business and investing?
  • “You have got to take the time to figure out what is right for you.”
• Connect with my guest. See the links below.

Resources Mentioned:

• Turnkey Rental Properties 101

Tweetable Quotes:

“It’s not just rehabbing that would force appreciation.” - Ali Boone

“Don’t put the fate of your investment in someone else’s hands.” - Ali Boone

“All I can do is the very best that I can do every day.” - Ali Boone

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Connect with Ali Boone through Facebook and LinkedIn. Visit their website https://www.hipsterinvestments.com/. Grab your copy of Not Your How-To Guide to Real Estate Investing or get it for free at https://www.hipsterinvestments.com/passivewealth.

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

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