BTM191: Gaining Traction in the Flipping Business with Gabe DaSilva
Gabriel DaSilva, today’s guest, has been coined “Mr. Add-A-Level” for his extensive knowledge of construction heavy renovations – but where did it all start? How do you start a real estate business that gains momentum overtime?
On the episode, you will learn about the different ways to add value in fix n flip deals. As you do more deals, you will want to grow your team so Gabe gives us a first hand look into team structures for real estate entrepreneurs and investors. For outsized returns, you will need to provide outsized value and Gabe’s out of the box thinking is just what the doctor prescribed.
Key Points From This Episode:
- Adding Value vs. Taking Advantage
- Gabe’s transition from the restaurant business to fix n flips
- Gabe’s “act like a guy who buys deals” personality
- The transition from solopreneur to business owner
- The initial and most important members of your team
- Creative ways for flippers to add more value
- Why Gave believes that cash is trash and leverage is king
- 75 Hard the lifestyle
- Morning Routines, Masterminds and more
Links Mentioned in Today’s Episode:
Recommended Book:
Think and Grow Rich by Napoleon Hill
Traction by Gino Wickman
Listen to these books for free!
Lifestyle Design App:
BTM190: I Own A Completely Virtual Real Estate Business with Property Manager Edward O’Daniel
Edward O’Daniel, today’s guest, is a disabled Army Veteran that owns rental real estate and a property management company. Edward enjoy doing deals on cruise ships in the middle of the ocean but also enjoys adding value to new investors and property managers alike. So if you’re in the market for a property manager, learning to be one, or want to learn about the lifestyle design of our 4 hour work day guest, then this episode is for you.
Key Points From This Episode:
- Doing deals through networking with Agents & Investors
- Edwards unique technique for new property management clients
- Edwards favorite marketing and motivational podcasts
- The deceptiveness of “turnkey” rentals
- Edwards 4-hour daily work schedule
- The low overhead in property management
Links Mentioned in Today’s Episode:
Recommended Book:
Rich Dad, Poor Dad by Robert Kiyosaki
Lifestyle Design App:
BTM189: Profit First for Real Estate Investors with David Richter
On todays episode, we interview the brand new author of Profit First for Real Estate Investing, David Richter.
David is a long time property investor that has been apart of over 850 deals in his lifetime and through his experiences has learned how best real estate investors can manage their finances as well as their mindset on money. We take abstracts financial concepts and implement tactical strategies on this episode to be great stewards of our own finances on todays show.
Key Points From This Episode:
- Infinite banking for real estate investors
- Understanding the importance of “passthrough” bank accounts
- 3 month reserve for potential deals?
- David’s opportunity to author a new version of Mike Michalowicz’s “Profit First” but for real estate investors
Links Mentioned in Today’s Episode:
Recommended Books:
Rich Dad, Poor Dad by Robert Kiyosaki
Boundaries by Henry Cloud and John Townsend
Listen to these books for free!
Lifestyle Design App:
Other ‘Profit 1st’ Episodes:
BTM188: 2022 CRE Tactics – Apartments, Self Storage & Data Centers with Terry Hale
Today’s guest, Terry Hale, is a commercial real estate rockstar with 20+ years experience in the industry. As an investor, Terry experienced the ups and downs of varying niches in the commercial space. Starting as an apartment investor, Terry abruptly realized that the self storage space was where he wanted to settle. It quickly proved to be one of the few asset classes that could produce in the worst of economy’s.
Today we discuss Terry’s transition to self storage, why he’s such a strong advocate for it and where he see’s commercial real estate going in the next few years. By the end of the episode, you will be crystal clear on the most important things you newbie investors to know and do when getting into apartments, self storage and data centers.
Key Points From This Episode:
- How to calculate Cap Rate
- Why Self Storage vs. Traditional Apartments in 2021?
- Why Data Centers can be a sneaky lucrative asset class
- How Attorney’s kill deals
- Why talking to Brokers is the most powerful thing a newbie can do
- Networking or Underwriting, what’s more important?
- Terry’s 3 Prong approach for analyzing deals
Links Mentioned in Today’s Episode:
Recommended Book:
Think and Grow Rich Napoleon Hill
Lifestyle Design App:
BTM186: Lifestyle Design Virtual Deals with Australia Based Investor Alicia Jarrett
As a global real estate investor, Alicia Jarrett, today’s guest knows all about lifestyle design. Based in Australia, she’s been able to build her portfolio and flipping business in the U.S. with a virtual team doing (practically) all of the heavy lifting.
On today’s show, we cover a wide array of topics from the difference between investing in North America vs. Australia and other international countries to the team of realtors, contractors, title companies and virtual assistants that allow Alicia to do virtual deals from a yacht in Croatia or the snow in France. Over time her preference has went from flipping single family homes to flipping vacant land and we’ll dive into all of the details here on today’s show.
Key Points From This Episode:
- Australian Real Estate vs. U.S. Real Estate
- The market cycles of the flipping business
- Why land can be a more attractive investment
- Effectively building a virtual team
- How important the right realtor can be for your success
- Contractors and Virtual Investors.. The good, bad and ugly
Links Mentioned in Today’s Episode:
Recommended Book:
Awaken the Giant Within by Anthony Robbins
Lifestyle Design App: