258: Six-Figure House Flipping with Gabe DaSilva

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 businessTips for using your 401k as capitalHow he landed his first dealA discussion on doing things yourselfHow to finance your deals using hard moneyGabe’s unique definition of hard money lendersThe deals he’s made to this pointWhich properties are good candidates for rehabbingHow to tell if it’s the right market to invest inWhat to check for in a good house foundationThe “bathtubs story“How to find deals through direct mailWhat his day looks likeAnd SO much more!Links from the ShowBiggerPockets ForumsRehab Estimator CalculatorBiggerPockets CalculatorsBiggerPockets HardMoney LendersInternational Builder’s ShowUpgrade to Pro!Books Mentioned in this ShowA Curious Mind by Brian GrazerThe Book on Estimating Rehab Costs by J. ScottSet for Life by Scott TrenchRich Dad Poor Dad by Robert KiyosakiThe E-Myth by Michael E. GerberThink and Grow Rich by Napoleon HillFire Round QuestionsWould you contribute to a 401(k) or not?What did you do wrong on your first flip?Flipping Houses Under One LLCRehabbing a remediated meth houseTweetable Topics:“Sacrifice the life you have now so that you can live the life most can’t live later.” (Tweet This!)Connect with GabeGabe’s BiggerPockets ProfileGabe’s Facebook ProfileGabe’s Youtube ChannelGabe’s Instagram Profile