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

<p>Today on the&nbsp;<a href="https://www.biggerpockets.com/podcast" target="_blank"><strong>BiggerPockets Podcast</strong></a><strong>,</strong>&nbsp;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,&nbsp;<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’ll also be inspired by Bill’s heart and his real purpose for&nbsp;<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’t miss Bill’s story of how his family appeared on Oprah!)</p><p>In This Episode We Cover:</p><ul><li>Who&nbsp;<strong>Bill</strong>&nbsp;is (and why he’s hung&nbsp;out with Oprah)</li><li>Why he&nbsp;<strong>built an orphanage</strong></li><li>How his plans transitioned to&nbsp;<strong>real estate</strong></li><li>Thoughts on investing while nearing&nbsp;<strong>retirement</strong></li><li>The&nbsp;<strong>risk profiles</strong>&nbsp;for various ages</li><li>How he focuses on&nbsp;<strong>family</strong>&nbsp;and not just the money</li><li>How to reach your&nbsp;<strong>freedom number</strong></li><li>How he and his family&nbsp;got onto&nbsp;<strong><em>Oprah</em></strong></li><li>What exactly a<strong>&nbsp;turnkey</strong>&nbsp;property is — and Bill’s&nbsp;turnkey story</li><li>A few&nbsp;<strong>red flags</strong>&nbsp;when it comes to&nbsp;turnkeys</li><li>His goal of reaching&nbsp;<strong>1,000 units</strong></li><li>How he&nbsp;<strong>finds</strong>&nbsp;properties</li><li>The&nbsp;<strong>struggles</strong>&nbsp;of reaching his goal, from finding funds to working with&nbsp;the right people</li><li>How he&nbsp;<strong>maintains</strong>&nbsp;the property</li><li><strong>And SO much more!</strong