773: Replacing His Income with $70K/Year Cash Flow After a Close Call with Death w/Pasha Maleknia
BiggerPockets Real Estate Podcast
The Importance of Comfort in Life
"I hated myself so much. Because deep down, I knew that I had the potential to build it," he says. "It's all because of the comfortness and the ease of just that paycheck coming in"
Financial freedom isn’t important until your life flashes before your eyes. When everything could end, thoughts of your partner, children, and family come to mind, and most notably, what you left behind for them. Pasha Maleknia was thrown into a warzone and came within minutes of meeting his end. As he sat, not knowing whether or not he would ever see his wife again, he made a promise to build financial freedom for his family so that if anything happened to him, they would be protected.
Pasha kept his promise and is here to share exactly how he got it done. Through chaos, Pasha was given a second chance at building the life he dreamed of, starting a real estate investment portfolio that has grown to a double-digit unit count with close to six figures in expected cash flow. None of what he did was easy, but using his background in coding, systems, and optimizing everything for efficiency, Pasha is building a hands-off real estate empire that will set his whole family financially free.
If you’ve struggled to progress with rental properties, do NOT miss out on Pasha’s story. He explains exactly how his “why” forced him to reach financial freedom in only a few years and what he’s doing now to ensure his wealth never stops growing. Don’t wait for it to be too late. Put your life in your hands, and take Pasha’s words to heart.
In This Episode We Cover:
The near-death experience that forced Pasha to find financial freedom for his family
Building your “income-producing box” that will take care of your family for decades
DIY rehabs and why you DON’T need to know everything before you start investing
Pasha’s killer first rental property and the “surprise” basement that came with it
Using the BRRRR method to quickly multiply your portfolio without much cash needed
How to automate your ENTIRE rental property portfolio so you do nothing
And So Much More!
Links from the Show
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Hear Dave on the “On the Market” Podcast
Subscribe to the “On The Market” YouTube Channel
Hear the Latest Episode on Analyzing Real Estate Deals
Understand The BRRRR Method in Real Estate – A Beginner’s Guide
Books Mentioned in the Show:
BRRRR by David Greene
The Book on Advanced Tax Strategies by Amanda Han & Matt MacFarland
The Book on Estimating Rehab Costs by J Scott
Long-Distance Real Estate Investing by David Greene
Raising Private Capital by Matt Faircloth
Rich Dad Poor Dad by Robert Kiyosaki
Connect with Pasha:
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-773
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