241: From Local Flips to Raising Funds and Turnkey Investing Around the Country with Jeff Wallenius

BiggerPockets Real Estate Podcast · Aug 24, 2017 · 1h 15m

Is it possible to go from firefighter to real estate mogul? Just ask Jeff Wallenius, who started with a single flip, financed entirely with hard money. He was able to parlay that early success into a profitable flipping business and has been flipping 10-12 houses a year in the Portland market for the last five years. Now, he’s set his sights even higher, has created a couple of funds, and is buying cash flowing turnkey real estate around the country.

In This Episode We Cover:

Jeff’s transition from firefighting to real estate investing

His first flip

What exactly a “cash flow negative” spouse…