On this week’s episode of The Art of Passive Income, Mark and Scott welcome the founder of Great Northwest Home Buyers and Kaizen Properties, and the host of The Real Estate Investing Club, Gabe Petersen to the show.
Gabe Petersen is the founder of Great Northwest Home Buyers and Kaizen Properties, and the host of The Real Estate Investing Club. He began his career as a management consultant for Fortune 500 companies, but after 7 years of working behind a desk, he called it quits to chase after what he loves the most, communicating directly with people.
Gabe ventured into real estate investing after buying a broken-down triplex in Tacoma, WA. He proceeded to flip and wholesale homes in the greater Washington area until he found his niche in Self Storage and Mobile Home Parks.
Gabe later founded Kaizen Properties, after purchasing his first two mobile home parks in Washington state. He now operates nationally buying and repositioning self-storage and mobile home parks across the US. With being equipped with the most advanced degree of experience in many different asset classes and strategies, Gabe decided to share some of his acquired knowledge by starting The Real Estate Investing Club podcast and YouTube show.
Listen in as they discuss:
- Gabe’s journey into real estate investing
- Why he chose to invest in mobile homes and RV parks
- How long does it take to get a deal in mobile home investing
- How Gabe went from turning an idea into a successful club
- Recommendations and advice for choosing an asset class as a new investor
TIP OF THE WEEK
Mark: My tip of the week is, go to realestateinvestingclub.com, get your education. There are books from Gabe Petersen, there’s Masterclass, Podcast, he’s on YouTube and Spotify. There’s so much in there on one website!
Scott: The most challenging of life is basically, your brain, it’s the whole thing about your inner voices telling you to do things and not do things. Check out this book, Winning the War in Your Mind: Change Your Thinking, Change Your Life by Craig Groeschel.
Gabe: If you’re interested in land, go to thelandgeek.com! Other than that, there are tons of different resources out there, try Real Estate Investing Club. If you go to their website, I have a free calculator, it’s an excel analysis sheet you can use for underwriting. Download that and it will show you the basics of how to look at a property and analyze whether it’s a good deal or a bad deal.
WANT TO LISTEN MORE?
Did you like this episode? If so, tune into another one of our exciting episodes with special guest Marcus Maloney as we discuss how to find real estate opportunities with massive equity.
Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?