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John L. Wade

Founder & CEO

Investor & Developer

Attorney

Profile Highlights

Real Estate Investments, Development, and Management

In 1973, at age 16, I bought my first rental property by purchasing a home for $1,500 down and assuming the loan. I sold that home when I was 21, realized a $30,000 net profit (2,000% return), and purchased an apartment building.

Over the years, I continued buying apartments in Santa Clara, California and Reno, Nevada.

In 2021, I sold all my California properties and started investing in Downtown Reno commercial properties. I also started Gung-Ho Real Estate to oversee the buying, selling, leasing, property management, development, and construction of my commercial and multi-family residential properties.

In 2024, I started Gung-Ho Investments so third parties could participate with Gung-Ho as it expands its real estate investments and development in the rapidly growing Downtown Reno market.

Most importantly, I am a benevolent investor and developer that is rebuilding and improving the Downtown Reno community for everyone’s benefit by repurposing underutilized properties to create something new where the whole is greater than the sum of its parts or, simply stated, 1 + 1 = 3.

 

Self-Storage

After I purchased my townhouse in Downtown Reno, I discovered the closest public self-storage facilities are at least a mile outside of the Downtown Reno area. So, in 2022, I created Gung-Ho Storage to build self-storage facilities that are within walking distance for people who live and work in the rapidly growing Downtown Reno area.

Gung-Ho Storage is the first and only public self-storage in Downtown Reno. All the storage facilities are climate-controlled and feature new state-of-the-art construction, inside and outside video surveillance, and secure 24/7 access.

Some locations are being expanded to include wine storage with social areas for wine tasting, dining, and entertainment, and cigar storage with humidors and smoking rooms.

 

Workspace

In 2023, after the Covid epidemic, more people than ever were working from home and they needed a larger or quieter place for work, as well as a place for meetings with clients, customers, and co-workers. However, there was no quality co-working space available in Downtown Reno. So, I created Gung-Ho Workspace, in the heart of Downtown Reno, to provide modern private offices, conference rooms, meeting rooms, areas to relax, socialize, enjoy food and drinks, and have events with entertainment.

Additional features include full kitchens and bars, dog-friendly environments, inside and outside video surveillance, and secure 24/7 access.

Some locations will also include wine storage with wine tasting and dining areas, cigar storage with smoking rooms, and dog parks.

Gung-Ho Workspace will be the only premiere co-working space in the Downtown Reno area.

 

Working Together

Although I firmly believe, “if it’s to be, it’s up to me,” I am also smart enough to know that my success is based upon surrounding myself with people who are better and smarter than me. That’s why Gung-Ho’s Chief Operations Officer, Mary Babiasz, and The Gung-Ho Real Estate Network are such an important part of the equation.

Mary Babiasz and I have enjoyed working together for over 25 years. I am the “hunter” that finds the “opportunities” and makes the “deals” and Mary is the “farmer” that oversees the “operations” and “details” to make sure everything performs successfully.

The Gung-Ho Real Estate Network includes the best people and the best companies in Reno. Each one has their own unique skills, knowledge, and expertise they use to support the successful operations and growth of Gung-Ho.

Although our independent functions may overlap many times throughout the day, the bottom-line is we are all “working together” as a team to maximize the value for all Gung-Ho stakeholders.

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