Business
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. Krishan 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. (00:01-02:49) Opening Segment - Introduction of the guest, Krishan Singh into the show - Krishan shares something interesting about himself (02:50-27:31) The Journey to Real Estate Investing and Gas Station Profits - Krishan tells how and why he chose to invest in real estate - First real estate deal - Krishan shares how the first deal worked out for him - Krishan also tells why he chose to invest in a gas station - Difference of gas station from real estate and other investment types - How to own a gas station? - Krishan shares how the ownership of the real estate of the gas station works - How long can you lease a gas station? - Krishan tells how he operates and overlook his gas stations - Due diligence in a gas station - How does negotiation works on gas stations? - Does the gas station need financing? - Best Gas Station Deal - Worst Gas Station Deal - Krishan tells where he thinks the gas station is going - What's next for Krishan Singh? (27:32-27:50) BREAK (27:51-28:06) Second Segment - Welcoming listeners back and re-introducing podcast guest, Krishan (28:07-37:04) Fire Round - Will Krishan change his business strategy after Coronavirus? - Favorite real estate finance or and personal development related book? - Website or tools that Krishan recommends - Krishan's advice for the beginner investors - How does Krishan give back? - How can Wealth Matters Podcast listeners reach out to Krishan? (37:05-37:27) Closing Segment Reach out to Krishan via email kaykay@growrichcapital.com or by visiting his website: www.growrichcapital.com