“Financial freedom can mean different things to different people. The first level of financial freedom is often overlooked, but it's a great starting point to build wealth.”
Welcome back to IRN! This week we dive into the incredible journey of Gabriel Hamel, from military service to real estate mogul. Gabe's story is a testament to the power of real estate investing. He shares how adopting a proactive mindset and embracing action were pivotal in his quest for financial freedom. His military background instilled in him a discipline that he's successfully transferred to the real estate field, proving that the right attitude can set the stage for success.
Gabe sheds light on strategies of creative financing. He's mastered the art of growing his real estate portfolio using little to none of his own money, revealing that you don't need a fortune to start building wealth. Gabe also explores the unique advantages of investing in mobile home parks and triple net industrial properties, highlighting these as opportunities for those willing to think outside the traditional real estate box.
Gabe emphasizes the importance of networking. In the world of real estate, who you know can be just as important as what you know. Building strong relationships and connecting with others in the industry can unlock doors to opportunities that might otherwise remain closed. Gabe's experiences underscore the power of community and collaboration in achieving long-term wealth and success in real estate investing.
Tune in to hear Gabe's inspiring story!
🔑 In this episode, you will learn:
⏱️TimeStamps
0:00Introduction to the podcast and guest, Gabe Hamill
1:57Gabe Hamels background, including joining the military while still in high school
5:00Details of Gabe's deployment
10:00Gabe's inability to qualify for a loan in 2008
15:00Importance of building relationships
20:00Gabe's shift towards creative financing
25:00Importance of property management
30:00Mobile home parks and the benefits of increasing value in commercial properties
35:00Underwriting mobile home parks
40:00Details of Gabe's industrial property purchase
45:00Discussion on goals vs habits, the compounding effect, and the importance of creating the right habits for success
50:00Gabe's world record atte
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