All Forum Posts by: Paul Singh

James, gas station business is just like any other, you have to evaluate it to see if it is a good investment for you. There is a lot of time and effort that is needed, probably more than the real estate business. Gas Stations are a declining "fad", due to the fact that all the big companies are getting into the C-Store business. Just the other day I was driving to my parents house and I saw a gas station on a Home Depot lot. 

Stay away from the business side! Buy the property and lease out your gas station.

Josh, thank you for answering the question, your answer just put everything into perspective.

Hello Bigger Pockets community, my name is Paul Singh. I come from an Art background, graduated from Columbia College Chicago with BFA in Graphic Design. Worked as a Designer for a few years and then realized that "a job" will not make me financially free. So I decided to go into business - haha - typical indian thing to do buy a gas station. I've been in business for the last 10 years, it has been great. But now I think it is time to shift on a bigger picture - Retirement. 

Thats why I am here on Biggerpockets.com, trying to figure out how to retire, and be financially free. God blessed my family with a daughter - First child to be born in the family after 35 years - I want to spend more time with her. 

I have started listening to the podcasts about 3 days ago - I am on podcast #17 as i am writing this post. At the end of each podcast Josh and Brandon ask a few questions, If you don't mind i would like to ask a question to the Bigger Pockets community.

What keeps you focused, what is that one thing that drives you to move forward?

Thanks
Paul Singh