{"id":80219,"date":"2016-09-08T00:02:16","date_gmt":"2016-09-08T06:02:16","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=80219"},"modified":"2023-04-14T02:01:27","modified_gmt":"2023-04-14T08:01:27","slug":"bp-podcast-191buying-out-of-state-rentals-investing-life-bill-manassero","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/bp-podcast-191buying-out-of-state-rentals-investing-life-bill-manassero","title":{"rendered":"Buying Out-of-State Rentals and Investing Later in Life with Bill Manassero"},"content":{"rendered":"<p>Today on the <strong><a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\">BiggerPockets Podcast<\/a>,<\/strong> we\u2019re excited to introduce you to a man who didn\u2019t 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\u2019ll learn the inspiring tale of our guest, <strong>Bill Manassero<\/strong>, and how he went from running an orphanage in Haiti to buying rental properties and the challenges that transition caused. You\u2019ll also be inspired by Bill\u2019s heart and his real purpose for <strong>creating wealth through real estate<\/strong>. You are going to love this powerful episode, and it just might change why you invest in real estate! (And don\u2019t miss Bill\u2019s story of how his family appeared on Oprah!)<\/p>\n<p><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/biggerpockets-podcast-real\/id594419649\" target=\"_blank\" rel=\"noopener\">Click here<\/a>\u00a0to listen on iTunes.<\/p>\n<h2>Listen to the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" frameborder=\"0\" height=\"200\" scrolling=\"no\" src=\"https:\/\/playlist.megaphone.fm?e=BIGPOC3436272345&#038;light=false\" width=\"100%\"><\/iframe><\/p>\n<h2>Watch the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" title=\"Buying Out-of-State Rentals and Investing Later in Life with Bill Manassero | BP Podcast 191\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/y-uG6LkUU44?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Help Us Out!<\/h2>\n<p>Help us reach new listeners on iTunes by leaving us a rating and review! It takes just 30 seconds and instructions can be found <a href=\"https:\/\/www.biggerpockets.com\/forums\/25\/topics\/161423-do-you-listen-to-the-bp-podcast\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>. Thanks! We really appreciate it!<\/p>\n<h2>This Show Sponsored By<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-77567 alignright\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2016\/03\/simplisafe.png\" alt=\"simplisafe\" width=\"271\" height=\"58\" title=\"\">Check out <strong>SimpliSafe<\/strong> Security&#8217;s DIY home security systems; an affordable, wireless, cellular, and customizable system that doesn&#8217;t require a contract!<\/p>\n<p>Try it today with a discount:\u00a0<a href=\"https:\/\/simplisafepockets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">simplisafepockets.com\/<\/a><\/p>\n<h2>Fire Round\u00a0Sponsor<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-75010\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/09\/PATLive-Logo1.png\" alt=\"PATLive-Logo\" width=\"232\" height=\"72\" title=\"\">We just wanted to give a shout out to our podcast sponsor\u00a0on today\u2019s show:<strong> PATLive<\/strong>. PATLive&#8217;s team of superstar receptionists will always leave your customers delighted. Every agent goes through a rigorous training course before they can answer calls, and we&#8217;ve got quality assurance down to an art.<\/p>\n<p>Learn more by visiting <a href=\"https:\/\/www.patlive.com\/biggerpockets\" target=\"_blank\" rel=\"noopener noreferrer\">PATLive.com\/biggerpockets<\/a>!<\/p>\n<h2>In This Episode We Cover:<\/h2>\n<ul>\n<li>Who <strong>Bill<\/strong> is (and why he&#8217;s hung\u00a0out with Oprah)<\/li>\n<li>Why he <strong>built an orphanage<\/strong><\/li>\n<li>How his plans transitioned to <strong>real estate<\/strong><\/li>\n<li>Thoughts on investing while nearing <strong>retirement<\/strong><\/li>\n<li>The <strong>risk profiles<\/strong> for various ages<\/li>\n<li>How he focuses on <strong>family<\/strong> and not just the money<\/li>\n<li>How to reach your <strong>freedom number<\/strong><\/li>\n<li>How he and his family\u00a0got onto <strong><em>Oprah<\/em><\/strong><\/li>\n<li>What exactly a<strong> turnkey<\/strong> property is &#8212; and Bill&#8217;s\u00a0turnkey story<\/li>\n<li>A few <strong>red flags<\/strong> when it comes to\u00a0turnkeys<\/li>\n<li>His goal of reaching <strong>1,000 units<\/strong><\/li>\n<li>How he <strong>finds<\/strong> properties<\/li>\n<li>The <strong>struggles<\/strong> of reaching his goal, from finding funds to working with\u00a0the right people<\/li>\n<li>How he <strong>maintains<\/strong> the property<\/li>\n<li><strong>And SO much more!<\/strong><\/li>\n<\/ul>\n<h2>Links from the Show<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/videos\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Videos<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/webinar?main_track_only=true\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Webinar<\/a><\/li>\n<li><a href=\"https:\/\/childhope.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">Child Hope International<\/a><\/li>\n<li><a href=\"\/renewsblog\/2015\/03\/26\/bp-podcast-115-getting-started-with-apartment-complex-investing-with-jeff-greenberg\/\" target=\"_blank\" rel=\"noopener noreferrer\">BP Podcast 115: Getting Started with Apartment Complex Investing with Jeff Greenberg<\/a><\/li>\n<li><a href=\"\/renewsblog\/2015\/12\/03\/bp-podcast-151-finding-your-freedom-number-clayton-morris\/\" target=\"_blank\" rel=\"noopener noreferrer\">BP Podcast 151: Finding Your \u201cFreedom Number\u201d with Clayton Morris<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/forums\/52\/topics\/164651-desperate-for-tenants-in-memphis\" target=\"_blank\" rel=\"noopener noreferrer\">Desperate for Tenants in Memphis<\/a> [Forum Post]<\/li>\n<li><a href=\"\/renewsblog\/bp-podcast-190building-multiple-passive-streams-income-pat-hiban\/\" target=\"_blank\" rel=\"noopener noreferrer\">BP Podcast 190: Building 61 Different Passive Streams of Income with Pat Hiban<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/forums\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Forums<\/a><\/li>\n<li><a href=\"https:\/\/www.loopnet.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Loopnet<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/calc\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Calculators<\/a><\/li>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=abMQhaMdQu0\" target=\"_blank\" rel=\"noopener noreferrer\">TEDx Talk by Robert Kiyosaki<\/a>\u00a0[Video]<\/li>\n<li><a href=\"https:\/\/olddawgsreinetwork.com\/021-buying-properties-with-little-or-no-money-down-with-brandon-turner\/\" target=\"_blank\" rel=\"noopener noreferrer\">021: Buying Properties with Little or No Money Down with Brandon Turner<\/a> [Podcast]<\/li>\n<\/ul>\n<h2>Books Mentioned in this Show<\/h2>\n<ul>\n<li><em><a href=\"https:\/\/www.biggerpockets.com\/real-estate-investing\" target=\"_blank\" rel=\"noopener noreferrer\">The Ultimate Beginner&#8217;s Guide to Real Estate Investing<\/a>\u00a0<\/em>by BiggerPockets<\/li>\n<li><a href=\"https:\/\/amzn.to\/2c7qZop\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The ABCs of Real Estate Investing<\/em><\/a> by\u00a0Ken McElroy<\/li>\n<li><a href=\"https:\/\/get.biggerpockets.com\/nomoneydown\/\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The Book on Investing with No or Low Money Down<\/em><\/a> by Brandon Turner<\/li>\n<li><a href=\"https:\/\/amzn.to\/2bY7wve\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Rich Dad Poor Dad<\/em><\/a> by Robert Kiyosaki<\/li>\n<li><a href=\"https:\/\/amzn.to\/2cGhqlj\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The 4-Hour Workweek<\/em><\/a> by Timothy Ferriss<\/li>\n<\/ul>\n<h2>Tweetable Topics:<\/h2>\n<ul>\n<li>&#8220;I got tired of working for these other folks, so I decided to become an entrepreneur.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22I%20got%20tired%20of%20working%20for%20these%20other%20folks,%20so%20I%20decided%20to%20become%20an%20entrepreneur.%22%20biggerpockets.com\/show191%20%40biggerpockets\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;I\u00a0want to be able to go where I need to go.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22I%20want%20to%20be%20able%20to%20go%20where%20I%20need%20to%20go.%22%20BP%20Podcast%20191%20biggerpockets.com\/show191%20%40biggerpockets\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;You gotta get in there and get your hands dirty, and that\u2019s where the learning really starts.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22You%20gotta%20get%20in%20there%20and%20get%20your%20hands%20dirty,%20and%20that%E2%80%99s%20where%20the%20learning%20really%20starts.%22%20biggerpockets.com\/show191%20%40biggerpockets\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<\/ul>\n<h2>Connect with\u00a0Bill<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/users\/Bmanassero\" target=\"_blank\" rel=\"noopener noreferrer\">Bill&#8217;s\u00a0BiggerPockets Profile<\/a><\/li>\n<li><a href=\"https:\/\/olddawgsreinetwork.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bill&#8217;s Company Website<\/a><\/li>\n<li><a href=\"https:\/\/olddawgsreinetwork.com\/podcasts\/\" target=\"_blank\" rel=\"noopener noreferrer\">Old Dawg&#8217;s Podcast<\/a><\/li>\n<\/ul>\n<h2>Show Preview<\/h2>\n<p><iframe loading=\"lazy\" title=\"Podcast 191 Preview: &quot;I just knew I want to buy some properties.&quot;\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/spPN_wssMvY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today on the BiggerPockets Podcast, we\u2019re excited to introduce you to a man who didn\u2019t start investing until later in life but has built an impressive portfolio in the past [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":118667,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-80219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biggerpockets-podcast"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/80219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/17340"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=80219"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/80219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/118667"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=80219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=80219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=80219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}