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:
BTM159: Vertical Integration? How To Grow Your Real Estate Business Profitably with Colin Douthit
Currently managing over 300 units after only being in real estate for three years, it’s clear that Colin Douthit, today’s guest, knows how to invest and how to do it well.
He realized early on that he needed to be far more profitable to create the life he wanted so he took a hard look at his business and portfolio to understand what was working and what wasn’t in hopes that he could do more of the former.
The end result came in the form of a brand new business. Since Colin had managed his own units efficiently in the prior months, he had the expertise and manpower to vertically integrate his business – coming out on the other end with two businesses.
Colin has a construction company that followed the same model and is constantly looking for ways to become more profitable by systematically building a network of businesses that compliment each other. In today’s episode, we discuss exactly how this can translate to your endeavors.
Links Mentioned in Today’s Episode:
Recommended Book:
Atlas Shrugged by Ayn Rand
Listen to this books for free with Audible!
Lifestyle Design App: