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EP. 28 - How to Invest Out of State with Doug Spence
Manage episode 327254168 series 2994834
In the real estate business, people are quick to analyze whether you're someone that can be worked with or not. So how do you get far in this type of business? Learn how to give more than what you take! In this episode of Wealth Science Podcast, Doug Spence shares what working with a turnkey company pushed him to do, who you need to rely on when BRRRR-ing your first property, and the emphasis of taking in the right kind of tenants when managing out of state properties.
Outline of the episode:
1. Don't leave your money in a savings account!
2. About David Greene's Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties
3. Doug Spence – from working with a turnkey company to building his own
4. How does Doug's team look at properties to BRRRR
5. Why you should give more than what you take
About Doug Spence:
Doug currently lives in San Diego with his wife, Cait, and parrot, Ruby. He was born and raised in Houston, Texas, attended Baylor University as an undergrad, and obtained MBA from the University of Florida. Doug has been an active duty navy officer since 2009. He purchased his first property in 2016. Doug Spence joined Gobundance in 2021.
Catch up with Doug
Spence:
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