229: The Secrets of Add-A-Level House Flipping with Gabe DaSilva

Adding levels to existing homes can be lucrative for flipping homes, especially when your market is saturated with older homes. On this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes returning guest Gabe DaSilva back to the show. Gabe is the founder and president of the DaSilva Group. He is also the founder of the Add-A-Level Bus Tour, Fix & Flip Foundation, Real Estate Riches Mastermind, and Learn & Earn with the DaSilva Group. Jonathan and Gabe begin their conversation with how Gabe continues to be successful with home flips despite limited inventory and high interest rates. You’ll hear about Gabe's competitive advantage, how he uses systems, syndication, and clustering to increase profitability, and how he’s using Zillow Builder and the MLS as sales tools. He explains what you need to know before adding a level to an older home, the amenities that can help a property reach its full potential, and the rise in multigenerational living as homes increase in price. Jonathan and Gabe discuss the challenges higher interest rates present in the market, the benefits of adding levels to homes, and how Gabe qualifies a market for his flips. He shares what he looks for in a home’s location, what you can learn from the Add-A-Level Bus Tour he hosts twice a year, and the importance of grit in a successful investor. Adding a level to an older home is a creative way to increase its value and stand out in a market with limited inventory. Gabe DaSilva teaches new investors how to leverage this strategy successfully. In this episode, you will hear: How Gabe DaSilva continues to find success with flipping despite limited inventory and high interest rates The competitive advantage he has due to his reputation Systems, syndication, and clustering when flipping properties Gabe’s use of Zillow Builder and the MLS as sales tools and building a narrative around the home What you need to know when adding a level to an older home The components a basement needs to be considered as additional square footage in a home Amenities that help a property reach its max potential The rise in multigenerational living The challenges that higher interest rates are presenting in home sales Benefits of adding levels to homes to increase their value Qualifying a market for flips and determining whether or not a location works The bus tour Gabe hosts twice a year for investors, and what people can learn from it Why grit is crucial for the students in Gabe’s program Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/229/ to download it. Supporting Resources: Gave DaSilva’s website - www.gabedasilva.com Gabe’s YouTube channel - www.youtube.com/gabedasilva Find Gabe on Facebook - www.facebook.com/RealGabeDaSilva Gabe’s Instagram - www.instagram.com/realgabedasilva Connect with Gabe DaSilva on LinkedIn - www.linkedin.com/in/gabedasilva Fix and Flip Syndicate - www.thefixandflipsyndicate.com/group Get the “Flip Tips” book - www.fliptipbook.com/optin1651100941998123 Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.