BiggerPockets Real Estate Podcast

BiggerPockets Podcast 191: Buying Out-of-State Rentals and Investing Later in Life with Bill Manassero

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Today on the BiggerPockets Podcast, we're excited to introduce you to a man who didn't start investing until later in life but has built an impressive portfolio in the past few years. Even more, he bought his rentals thousands of miles away from where he lives! You'll learn the inspiring tale of our guest, Bill Manassero, and how he went from running an orphanage in Haiti to buying rental properties and the challenges that transition caused. You’ll also be inspired by Bill’s heart and his real purpose for creating wealth through real estate. You are going to love this powerful episode, and it just might change why you invest in real estate! (And don’t miss Bill’s story of how his family appeared on Oprah!)

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In This Episode We Cover:

  • Who Bill is (and why he’s hung out with Oprah)
  • Why he built an orphanage
  • How his plans transitioned to real estate
  • Thoughts on investing while nearing retirement
  • The risk profiles for various ages
  • How he focuses on family and not just the money
  • How to reach your freedom number
  • How he and his family got onto Oprah
  • What exactly a turnkey property is — and Bill's turnkey story
  • A few red flags when it comes to turnkeys
  • His goal of reaching 1,000 units
  • How he finds properties
  • The struggles of reaching his goal, from finding funds to working with the right people
  • How he maintains the property
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “I got tired of working for these other folks, so I decided to become an entrepreneur.” (Tweet This!)
  • “I want to be able to go where I need to go.” (Tweet This!)
  • “You gotta get in there and get your hands dirty, and that’s where the learning really starts.” (Tweet This!)

Connect with Bill

Show Preview

Real strategies that work for real people seeking to build wealth through real estate investments. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investo...
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