BiggerPockets Real Estate Podcast

258: Six-Figure House Flipping with Gabe DaSilva

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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

            • Learn more about your ad choices. Visit megaphone.fm/adchoices

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