204: Flipping 30+ Deals by Age Twenty-Five with Chris Gill

Dec 8, 2016

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Today on the BiggerPockets Podcast, you’ll hear from Chris Gill, a real estate investor in the San Antonio market who has only been investing for three years but has already done over 30 deals — mostly fix and flips. On this episode, we walk through Chris’s unique journey, including his initial four-plex rental property and his path toward flipping “the worst houses in the area.” And don’t miss Chris’s fantastic tip for finding deals that no one on the BiggerPockets Podcast has mentioned yet!

In This Episode We Cover:

How he transitioned from film to real estate
Whether or not you should get your real estate license
What Chris’s first deal looked like
The things he wished he knew before he started investing
Why properly screening tenants is vital
Tips for creating a great team
How he manages his properties
How he does his bookkeeping
Tips for transitioning to house flipping
His criteria for finding deals
How he estimates his rehabs
Tips for evaluating a house to rehab
How he funds his deals
What he’s doing on the development side of real estate
What’s unique about the San Antonio market
How to find the sweet spot between too much and too little improvement
What his end game looks like
And SO much more!

Links from the Show

Books Mentioned in this Show

Rich Dad’s Advisors: The Advanced Guide to Real Estate Investing by Ken McElroy
Rich Dad Poor Dad by Robert Kiyosaki
The Book on Flipping Houses by J. Scott
The Everything Store: Jeff Bezos and the Age of Amazon By Brad Stone
The Snowball: Warren Buffett and the Business of Life by Alice Schroeder

Tweetable Topics:

“If you want scalability, if you want to go anywhere else, you have to find something that allows you that.” (Tweet This!)
“Just because you’re not good at something does not mean it’s not important.” (Tweet This!)
“Be aware of overanalyzing stuff because that will happen forever if you allow it.” (Tweet This!)
“Becoming comfortable with the unknown is huge, and I think in real estate that’s absolutely the case.” (Tweet This!)

Connect with Chris

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