10: Bigger Pockets Blogger Ali Boone on Turnkey Real Estate Investing, Property Management, and Her Reality TV Debut

This is Part 2 of the Interview with Ali Boone who is the owner of Hipster Investments and has been a regular contributor to the Bigger Pockets Blog since 2013.

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In this episode, she shares her personal real estate investing journey and discusses why she buys “turnkey” residential investment properties, why she buys them out of state, why she is comfortable buying them sight-unseen, why she buys to hold and not to flip, and why she always uses professional property management. Ali talks about the importance of prioritizing your time and mobility and explains the difference between being a real estate investor vs. a landlord or a rehabber. She talks about how to build your team and manage your property managers. Ali tells the story about how she once dealt with a roof blowing off her rental property in the US without ever having to leave the swimming pool in Nicaragua. She then discusses her degree in spiritual psychology, the benefits of meditation, Kundalini yoga, Tantra, and her specific techniques for dealing with stress. She also talks about her TV Debut on a reality makeover show and tells the story of how she had to give flight lessons wearing 5-inch stiletto heels. She shares her top book recommendations, and favorite travel region in the world, and talks about her top bucket list destinations as well as the advice she would give her 20-year-old self if she could go back in time. FULL SHOW NOTES AND DIRECT LINKS TO EVERYTHING DISCUSSED IS AVAILABLE HERE.

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