EP 45: Dr Gurpreet Padda

Today on the Real Estate Lab Podcast, join our host Vee Khuu and his guest, Dr. Gurpreet Padda, as they talk about the value of education, the importance of connecting with other people, and real estate investing. Dr. Gurpreet is the CEO of the Red Pill Kapital, the Medical Director of Padda Institute, and the company, Reverse Diabetes MD. He has an MBA in Finance, a triple board certified physician, and an active and passive real estate investor. Dr. Gurpreet started his own company at the age of 12. Since then, he has established and owned multiple successful businesses. In this episode, he shares his experiences about getting into and working in different industries at such a young age. 

Don’t forget to check out the course Dr. Gurpreet is offering for free that was originally for $975! Just email him at [e-mail] and mention the Real Estate Lab Podcast. Learn more about this amazing opportunity in the episode!

Outline of the Episode:

·      [05:07] Dr. Gurpreet Padda started his own company at the age of 12.

·      [09:14] He was still 14 years old and was in high school but had employees that were 25 years old above.

·      [11:02] If you don’t feel the pain, you do not grow as a human being. You can’t get better.

·      [12:00] The owner’s job is to develop a marketing strategy to bring in business and then develop a strategy for execution. 

·      [14:20] Buying something somebody else didn’t want at a lower price and make more money by selling it at a higher value.

·      [16:24] The struggles of investing in a rough area or hood. No matter how much money you’re going to make, it is not worth it.

·      [20:35] The nature of a hard education is that you don't have to make the same error again.

·      [21:30] Figuring out where you can get the highest return with the least amount of risk.

·      [25:27] Why did Dr. Gurpreet decide to name his company Red Pill Kapital? 

·      [28:09] B grade and C grade buildings are going to be more in demand because people would be able to afford it more compared to the A grade buildings.

·      [33:33] There is going to be a massive shift in terms of our health care.

·      [34:20] Now is the time to start new businesses. A lot of people have no jobs because of the impact of COVID-19.

·      [35:49] As an immigrant, Dr. Gurpreet sees the US as the most amazing country on earth and thinks that people don’t recognize how wonderful it is.

·      [38:00] Trying to learn everything about a subject out of curiosity.

·      [39:50] If you feel like a business is leading you to a path you do not want to go or do, you have to transition away from it even if you love what you are doing.

·      [43:27] The most important thing that drives a business is the ability to market and gain new clients.

·      [45:31] It’s the connection that you make with other people and your mentors that creates the real value.

·      [48:46] Dr. Gurpreet is selling a course for $975 available on the Red Pill Kapital’s website. 

·      [51:51] A lo