097: Gas Station Profits with Krishan Singh
Krishan Singh is the CEO of Grow Rich Capital. He is a Microsoft Certified System Engineer turned a successful entrepreneur and multi-business owner. Krishan owns multiple Gas stations and convenience stores, a Laundromat, and 40 SFRs in Northeast Indiana. In addition, he has investments in around 2764 units as LP/GP, Multifamily syndicated deals at various locations in the US. He also owns various agricultural, commercial, and residential properties in India. Krishan has 10+ years in India, 19+ years of business experience in the USA, and always seeking expansion opportunities. He was always interested in new investment opportunities, networking, and partnering with like-minded entrepreneurs.
\nKrishan came to the U.S. to pursue the American Dream and work full time as an engineer for Microsoft. Unfortunately, he lost his job. Luckily, he found a great business in the gas station niche. Kay Kay grew that portfolio to 15 gas stations before being approached to buy a 33 unit portfolio of single-family homes.
\n(00:01-02:49) Opening Segment
\n- Introduction of the guest, Krishan Singh into the show
\n- Krishan shares something interesting about himself
\n(02:50-27:31) The Journey to Real Estate Investing and Gas Station Profits
\n- Krishan tells how and why he chose to invest in real estate
\n- First real estate deal
\n- Krishan shares how the first deal worked out for him
\n- Krishan also tells why he chose to invest in a gas station
\n- Difference of gas station from real estate and other investment types
\n- How to own a gas station?
\n- Krishan shares how the ownership of the real estate of the gas station works
\n- How long can you lease a gas station?
\n- Krishan tells how he operates and overlook his gas stations
\n- Due diligence in a gas station
\n- How does negotiation works on gas stations?
\n- Does the gas station need financing?
\n- Best Gas Station Deal
\n- Worst Gas Station Deal
\n- Krishan tells where he thinks the gas station is going
\n- What's next for Krishan Singh?
\n(27:32-27:50) BREAK
\n(27:51-28:06) Second Segment
\n- Welcoming listeners back and re-introducing podcast guest, Krishan
\n(28:07-37:04) Fire Round
\n- Will Krishan change his business strategy after Coronavirus?
\n- Favorite real estate finance or and personal development related book?
\n- Website or tools that Krishan recommends
\n- Krishan's advice for the beginner investors
\n- How does Krishan give back?
\n- How can Wealth Matters Podcast listeners reach out to Krishan?
\n(37:05-37:27) Closing Segment
\nReach out to Krishan via email kaykay@growrichcapital.com or by visiting his website: www.growrichcapital.com