Massive goals encourage massive action—and a massive plan to get there. That’s the truth behind today’s episode of The BiggerPockets Podcast, where we sit down with Gabe DaSilva, a New Jersey real estate investor who specializes in a unique niche of house flipping: “add-a-level” or “pop tops.” You’ll hear how Gabe shoots for a six-figure payday on each flip and how you can incorporate this strategy in your own business. Be ready to take some notes—this is an action-packed show!
In This Episode We Cover:
How Gabe got into the real estate business
Tips for using your 401k as capital
How he landed his first deal
A discussion on doing things yourself
How to finance your deals using hard money
Gabe’s unique definition of hard money lenders
The deals he’s made to this point
Which properties are good candidates for rehabbing
How to tell if it’s the right market to invest in
What to check for in a good house foundation
The “bathtubs story“
How to find deals through direct mail
What his day looks like
And SO much more!
Links from the Show
BiggerPockets Forums
Rehab Estimator Calculator
BiggerPockets Calculators
BiggerPockets HardMoney Lenders
International Builder’s Show
Upgrade to Pro!
Books Mentioned in this Show
A Curious Mind by Brian Grazer
The Book on Estimating Rehab Costs by J. Scott
Set for Life by Scott Trench
Rich Dad Poor Dad by Robert Kiyosaki
The E-Myth by Michael E. Gerber
Think and Grow Rich by Napoleon Hill
Fire Round Questions
Would you contribute to a 401(k) or not?
What did you do wrong on your first flip?
Flipping Houses Under One LLC
Rehabbing a remediated meth house
Tweetable Topics:
“Sacrifice the life you have now so that you can live the life most can’t live later.” (Tweet This!)
Connect with Gabe
Gabe’s BiggerPockets Profile
Gabe’s Facebook Profile
Gabe’s Youtube Channel
Gabe’s Instagram Profile
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