204: Flipping 30+ Deals by Age Twenty-Five with Chris Gill
BiggerPockets Real Estate Podcast - A podcast by BiggerPockets
Today on the BiggerPockets Podcast, you’ll hear from Chris Gill, a real estate investor in the San Antonio market who has only been investing for three years but has already done over 30 deals — mostly fix and flips. On this episode, we walk through Chris’s unique journey, including his initial four-plex rental property and his path toward flipping “the worst houses in the area.” And don’t miss Chris’s fantastic tip for finding deals that no one on the BiggerPockets Podcast has mentioned yet! In This Episode We Cover:How he transitioned from film to real estateWhether or not you should get your real estate licenseWhat Chris’s first deal looked likeThe things he wished he knew before he started investingWhy properly screening tenants is vitalTips for creating a great teamHow he manages his propertiesHow he does his bookkeepingTips for transitioning to house flippingHis criteria for finding dealsHow he estimates his rehabsTips for evaluating a house to rehabHow he funds his dealsWhat he’s doing on the development side of real estateWhat’s unique about the San Antonio marketHow to find the sweet spot between too much and too little improvementWhat his end game looks likeAnd SO much more!Links from the ShowTrelloBiggerPockets ForumsBiggerPockets WebinarBiggerPockets PodcastBooks Mentioned in this ShowRich Dad’s Advisors: The Advanced Guide to Real Estate Investing by Ken McElroyRich Dad Poor Dad by Robert KiyosakiThe Book on Flipping Houses by J. ScottThe Everything Store: Jeff Bezos and the Age of Amazon By Brad StoneThe Snowball: Warren Buffett and the Business of Life by Alice SchroederTweetable Topics:“If you want scalability, if you want to go anywhere else, you have to find something that allows you that.” (Tweet This!)“Just because you’re not good at something does not mean it’s not important.” (Tweet This!)“Be aware of overanalyzing stuff because that will happen forever if you allow it.” (Tweet This!)“Becoming comfortable with the unknown is huge, and I think in real estate that’s absolutely the case.” (Tweet This!)Connect with ChrisChris’s BiggerPockets ProfileChris’s Facebook PageChris’s Instagram ProfileChris’s Twitter ProfileChris’s Youtube ChannelSnapchat: ChrisFGillChris’s message to BP community