On this episode of Investing For Freedom, Gabriel Hamel joins Mike, discussing time freedom and how he made now owns 175 units, mostly through seller financing and low money down deals.
“Formal education will make you a living; self-education will make you a fortune.” Jim Rohn.
0:00 – Intro
1:09 – Gabriel’s parents have had the biggest impact on him
2:05 – The biggest impact on Gabriel’s success is a book called “Rich Dad Poor Dad”
4:53 – Gabriel looks at setbacks as opportunities
7:18 – Gabriel and his wife separated, making him realize he was too focussed on real estate
9:32 – The piece of advice Gabriel shares the most is that you can do whatever you put your mind to and also that you have to take action.
10:20 – Gabriel is a world record holder for doing diamond hand press-ups in a minute, but has not officially gotten a Guinness World Record yet.
11:37 – Time freedom is what drives Gabriel
15:10 – Gabriel realized that owning his time was not possible when he was managing his own property
18:29 – Gabriel has over 175 Units, the majority of which he owns solely and has aspirations of raising that figure to 300
22:53 – In 2002, Gabriel was deployed to Iraq
23:35 – In 2004, a bank approved Gabriel for a loan, allowing him to purchase his first property
24:59 – A friend of Gabriel’s at the gym set him up to purchase a house $40,000 below market 25:50 – Gabriel saw the value in seller financing
27:25 – One of the women Gabriel paid off was his first client as a private money lender
28:17 – Gabriel’s favorite deal was a house behind a little vegan restaurant he would go to
30:32 – “Find something with the three D’s; Death, Divorce and don’t want ‘em’s”
32:14 – Gabriel didn’t go traditional financing out of necessity because the banks would finance him
43:48 – “It’s always a good time to buy if you buy right”
45:44 – 100% comes down to relationships, according to Gabriel
47:34 – “If you want it bad enough, go get it”
48:49 – Email firstname.lastname@example.org and put Seller Carry in the subject line and tell why you think you should be in Mike and Gabriel’s course and they will schedule a time for you to teach you how to do some seller finance ridge.
FIND | GABRIEL HAMEL
LinkedIn | https://www.linkedin.com/in/gabriel-hamel-a592a231/
Facebook | https://www.facebook.com/gabrielrhamel