4.6 • 658 Ratings
🗓️ 28 January 2022
⏱️ 60 minutes
🧾️ Download transcript
Have you considered using the fix and flip strategy to make some extra money on the side?
Everyone should have multiple streams of income... But how can you get started and turn a fix and flip into money not a mess. Gabe discusses industry trends, some of the biggest hurdles to doing this successfully, how to hire, and more...
For more information, visit the show notes at https://moneytreepodcast.com/fix-and-flip-gabe-dasilva
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0:00.0 | Welcome to the Money Tree Investing Podcast. |
0:04.7 | Stock market, wealth, personal finance, value stocks, invest in your life. |
0:11.0 | Hello, the Smart Money Tree podcast listeners. |
0:13.1 | Welcome to this week's show. |
0:14.4 | My name's Kirk Chisholm and I will be your host. |
0:16.9 | So today we're talking with Gabe De Silva. |
0:19.3 | How you doing today, Gabe? |
0:20.5 | Fantastic, man. Happy to be here. Good. Well, glad to have you. So we haven't talked about |
0:24.6 | this topic in a while in the show, but I really wanted to come back to it because the real estate |
0:29.0 | market's hot. And there's a lot of people in that space trying to, you know, fix and flip properties. |
0:37.1 | And I know this is one of Gabe's specialties. So, |
0:39.5 | Gabe, tell us a little bit about your background and how you got started investing in real estate. |
0:44.3 | In a past life, I was in the corporate finance world, held a bunch of different jobs and |
0:51.6 | roles in corporate finance and in financial services as well for about a |
0:55.8 | decade after undergrad, I did that, kept getting let go. And in about 708, with that last |
1:02.6 | string of layoffs, I said, I need to be a master of my own destiny. I need to control my own |
1:08.8 | future. And so I forayed into entrepreneurship. And so |
1:12.4 | that's a decade-long journey itself now, just hit my 10-year mark as an entrepreneur. And |
1:17.6 | that's looked different as well. It's looked diverse as well. It's food service. It was consulting. |
1:22.5 | And most recently, it's real estate that's been the last six years. So I'm a business guy. I love the business of business |
1:30.0 | and I don't particularly care what the vehicle is. It could be widgets. It could be freaking |
1:34.2 | aluminum cans. It could be real estate. With regard to real estate, though, I genuinely do believe |
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