BiggerPockets Podcast 472: Here’s What You SHOULDN’T Do When Long-Distance Investing

Is it even possible to make $100k profits in 90 days? Nick Lamagna has a black belt in Jiu-Jitsu, and he probably would have one in real estate investing as well. He started 15 years ago with ‘virtual real estate investing’ out of his home state, then wholesaling, flipping, and finally going in on large, large multifamily deals--hello $100k profits. Nick has learned a lot in his decade and a half of real estate investing; he mentions some mistakes to avoid when trying to run an out-of-state portfolio along with tips for building an organized, systematized team.