Multifamily Investing Podcast  with Multifamily Attorney Charles Dobens 

#22: Quitting Your 9-5 To Invest In Real Estate Full-Time with Ali Boone

podcast Sep 25, 2019

Ali Boone bought her first turnkey in 2011 after investing in pre-construction in Nicaragua. She started Hipster Investments in 2012, which facilitated over $18M in real estate transactions in its first 5 years. Ali and I discuss how she left her full-time job to become a full-time real estate investor.

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Ali Boone never expected to be a real estate investor. She wanted to become a pilot but knew that pilots starting out don't get paid that much. Instead, Ali became an aerospace engineer. Her work took her into an underground tunnel and into a cubicle. This is not what Ali had in mind for a dream... She knew she had to do something about it. 

To get out of her job, Ali realized she either had to start a business or invest in real estate. She invested $40K into a deal in Nicaragua... only to have the money disappear before construction on the project was set to begin. The connections Ali made in the deal proved to beneficial and helped her to achieve the freedom she was looking for. 

From her connections, Ali learned all about the world of turnkey investing. This is when Ali realized that she could be a real estate investor and not have to work a whole lot. Turnkey investing was supposed to be her side business until she found she was going to lose her W-2 income. Ali never felt comfortable quitting her job but understood that it would light a fire under her that would allow her to become successful!

In this episode you'll also learn: 

  • How to find a real estate mentor
  • Why Ali decided to invest in the Midwest 
  • How Ali works as a middleman turnkey provider 
  • Why your nest egg will never be enough
  • Why as a buyer it's up to you to make sure you’re getting what’s advertised 

Connect with Ali: 

Ali's company

Ali's Turnkey eBook  FREE with this special link for Charles Dobens' listeners!

Links mentioned in the show: 

Multifamily Investing Academy

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