Is your ultimate goal to increase the spreads of your investments to the point where you can comfortably quit your job? Tune in for a conversation withJustin Silverio, an investor who successfully made the switch to full-time real estate entrepreneur and who is now focusing on the niche of higher-end rehabs. For tips on deal evaluation, how to find contractors for your particular project, and direct mail strategies, don’t miss this inspiring episode of the BiggerPockets Podcast!
In This Episode We Cover:Recap on last time Justin was a guestWhy he was afraid to close that first dealWhy he shifted to higher-end rehabsMarket dips — and how he proactively takes advantage of themWhat key metrics he looks at when evaluating a dealThe profit spreads Justin looks forTips for finding contractors from lower end to higher endHow many deals he does nowHow much he makes on each wholesale dealTips for creating criteria for prospective propertiesHow Justin does driving for dollarsHis hoarder house storyWhat you should know about zoning restrictions that affect rebuiling a houseHow to track a direct mail listHis experience quitting his jobHis most exciting dealsAnd SO much more!Links from the ShowBP Podcast 186: How to Get Your First Few Properties — Even in a Competitive Market with Dave MeyerBiggerPockets WebinarBP Podcast 058: Flipping and Wholesaling Homes While Working Full Time with Justin SilverioBiggerPockets Facebook ProfileBiggerPockets ForumsDave’s Twitter AccountBrandon’s Twitter AccountBooks Mentioned in this ShowThe Millionaire Real Estate Investor by Gary KellerRich Dad Poor Dad by Robert KiyosakiThe New One Minute Manager by Ken BlanchardTweetable Topics:“When you go to a higher price point, the ability to create a larger profit is just much greater.” (Tweet This!)“If there’s a deal, you will find the money.” (Tweet This!)“It’s really difficult when you start, but after you get through the first couple deals, it gets easier.” (Tweet This!)Connect with JustinJustin’s BiggerPockets ProfileOpen Letter MarketingEmail Justin