Adding levels to existing homes can be lucrative for flipping homes, especially when your market is saturated with older homes.

On this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes returning guest Gabe DaSilva back to the show. Gabe is the founder and president of the DaSilva Group. He is also the founder of the Add-A-Level Bus Tour, Fix & Flip Foundation, Real Estate Riches Mastermind, and Learn & Earn with the DaSilva Group.

Jonathan and Gabe begin their conversation with how Gabe continues to be successful with home flips despite limited inventory and high interest rates. You’ll hear about Gabe's competitive advantage, how he uses systems, syndication, and clustering to increase profitability, and how he’s using Zillow Builder and the MLS as sales tools. He explains what you need to know before adding a level to an older home, the amenities that can help a property reach its full potential, and the rise in multigenerational living as homes increase in price. Jonathan and Gabe discuss the challenges higher interest rates present in the market, the benefits of adding levels to homes, and how Gabe qualifies a market for his flips. He shares what he looks for in a home’s location, what you can learn from the Add-A-Level Bus Tour he hosts twice a year, and the importance of grit in a successful investor.

Adding a level to an older home is a creative way to increase its value and stand out in a market with limited inventory. Gabe DaSilva teaches new investors how to leverage this strategy successfully.

In this episode, you will hear:

• How Gabe DaSilva continues to find success with flipping despite limited inventory and high interest rates
• The competitive advantage he has due to his reputation
• Systems, syndication, and clustering when flipping properties
• Gabe’s use of Zillow Builder and the MLS as sales tools and building a narrative around the home
• What you need to know when adding a level to an older home
• The components a basement needs to be considered as additional square footage in a home
• Amenities that help a property reach its max potential
• The rise in multigenerational living
• The challenges that higher interest rates are presenting in home sales
• Benefits of adding levels to homes to increase their value
• Qualifying a market for flips and determining whether or not a location works
• The bus tour Gabe hosts twice a year for investors, and what people can learn from it
• Why grit is crucial for the students in Gabe’s program

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If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/229/ to download it.

Supporting Resources:

Gave DaSilva’s website - www.gabedasilva.com

Gabe’s YouTube channel - www.youtube.com/gabedasilva

Find Gabe on Facebook - www.facebook.com/RealGabeDaSilva

Gabe’s Instagram - www.instagram.com/realgabedasilva

Connect with Gabe DaSilva on LinkedIn - www.linkedin.com/in/gabedasilva

Fix and Flip Syndicate - www.thefixandflipsyndicate.com/group

Get the “Flip Tips” book - www.fliptipbook.com/optin1651100941998123

Website - www.streamlined.properties

YouTube - www.youtube.com/c/JonathanGreeneRE/videos

Instagram - www.instagram.com/trustgreene

Instagram - www.instagram.com/streamlinedproperties

TikTok - www.tiktok.com/@trustgreene

Zillow - www.zillow.com/profile/StreamlinedReal

Bigger Pockets - www.biggerpockets.com/users/TrustGreene

Facebook - www.facebook.com/streamlinedproperties

Email - [email protected]

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.