The Pros and Cons of Investing in Gas Stations and Convenience Stores As A Real Estate Investor | Steve Haddadin

Millionaire Mindcast

Matt Aitchison Media, Inc

Productivity, Stocks, Realestate, Lifestyle, Finance, Commercialrealestateinvesting, Personalgrowth, Entrepreneur, Business, Entrepreneurship, Rich, Mastermind, Money, Personalfinance, Millionaire, Mentorship, Realestateinvesting, Success, Mentor, Wealth, Investing, Millennials

4.4 • 716 Ratings

🗓️ 20 January 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode, host Matt Aitchison interviews Steve Haddadin, founder of King Real Estate Group, to uncover the secrets of success in commercial real estate. From running gas stations to navigating the future of EV charging stations, Steve provides actionable insights and expert knowledge for investors looking to scale their portfolio.

What You’ll Learn in This Episode:

How Steve got started in real estate at age 12 and transitioned from law to property investments.
Why commercial real estate offers unique opportunities for scalability and profitability.
Key strategies for managing gas stations and convenience stores as operationally intensive assets.
The impact of EV charging stations on the future of real estate and investment.
How a diversified investment approach across business, real estate, and stocks ensures long-term growth.

Timestamps:

00:00 - Welcome and intro with Matt Aitchison
02:27 - Meet Steve Haddadin and his niche focus in real estate
07:39 - Why Steve chooses commercial over single-family investments
14:00 - Challenges and rewards of gas station ownership
30:06 - EV policy and its real estate implications
35:11 - Market trends and predictions for 2024 and beyond

Resources Mentioned:

King Real Estate Group Website: kingrealestategroup.com
Follow Steve Haddadin on LinkedIn: linkedin.com/in/stevehaddadin
Steve Haddadin’s Website: stevehaddadin.com

Episode Sponsored By:

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Transcript

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0:00.0	What's going on, guys?
0:11.0	Welcome into today's episode.
0:13.0	I've got Steve Hadeen, who is an entrepreneur and the founder of King Real Estate Group,
0:19.8	which is a real estate sales brokerage located in
0:22.9	Southern California that services commercial and residential real estate investors.
0:28.4	He is also a real estate investor himself.
0:32.0	He is going through law school and has some unique perspective specifically on the asset class and business
0:39.3	model of gas stations and convenience stores. You know, these are investments that are very niche.
0:47.2	And I have seen many families and individuals absolutely crush it with convenience stores. But obviously there are some
0:55.9	nuances to it. There are some, you know, risks that come along with it. And understanding this
1:01.2	investment asset type is really important if you want to go into this investment opportunity
1:07.5	with eyes wide open and understand everything that is important to know
1:12.4	before you take this investment on being that it's not a passive investment. There were so many
1:17.5	things when I first got into hotels thinking, oh, I'm going to make this a passive investment.
1:22.7	And when you get in there, you learn and quickly realize there's a lot of hard work here.
1:27.2	There is, you know,
1:28.6	a lot of blood, sweat, and tears that go into this business model in order to not only have
1:32.8	the business thrive, but have the real estate, stay insulated and the value inflated and trending
1:38.2	in the right direction. And Steve shares his experience and some of the things with he's learned
1:44.1	from selling them,
1:45.1	as well as his family owning them and operating them.
1:48.6	So if you're interested in gas stations as a investment vehicle within real estate,
	...

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