587: Full-Time Flipping (Out-of-State!) at 24 by Doing What Most Don’t Know w/Dominique Gunderson

<p><strong>Forty real estate deals </strong>is a lot, especially for an experienced investor. How many people do you know that have done forty flips, <a href="https://www.biggerpockets.com/blog/find-real-estate-wholesale-deals" rel="noopener noreferrer" target="_blank">wholesale deals</a>, or own over forty rentals? Odds are, probably not many. So how does a <strong>nineteen-year-old </strong>do that many deals in only a year? Even better, how do they then take that experience and <strong>build a successful flipping business thousands of miles away</strong> from where they live? The answer might surprise you.</p><p><a href="https://www.biggerpockets.com/users/dominiquelux" rel="noopener noreferrer" target="_blank"><strong>Dominique Gunderson</strong></a> is an anomaly in the best of ways. At fifteen years old she became <strong>privy to </strong><a href="https://www.biggerpockets.com/glossary/short-sale" rel="noopener noreferrer" target="_blank"><strong>short sales</strong></a>, then at age seventeen, she<strong> left high school to start wholesaling full-time</strong>. Now, at age twenty-four, she <strong>runs a full-time flipping business</strong> based in New Orleans while she resides in her home state of California. She’s managing this entire <a href="https://www.biggerpockets.com/blog/out-of-state-real-estate-investing-pros-cons" rel="noopener noreferrer" target="_blank"><strong>out-of-state real estate investing</strong></a> venture strictly through her phone, laptop, and conversations with her contractors. Impressive, right?</p><p>But this level of speed and growth didn’t come without its tradeoffs. <strong>Dominique failed many, many times i</strong>n her pursuit of passive income and real estate profits. She’s the first to admit that she wouldn’t trade a single failure for anything she has now, as they’ve been the stepping stones to her success. So if you want to stop sitting on the sidelines and start succeeding at record speed, you better prepare to fail, just like Dominique did.</p><p><strong