BiggerPockets Real Estate Podcast - Replacing Your W2 with $70K/Year Cash Flow After a BIG Wake-Up Call

Episode #773 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. ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media ~~~~ Expand Your Investing Knowledge With the BiggerPockets Books: https://store.biggerpockets.com/?utm_source=owned_media ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch ~~~~ Books Mentioned in Today’s Show: BRRRR: https://store.biggerpockets.com/products/buy-rehab-rent-refinance-repeat?utm_source=owned_media The Book on Advanced Tax Strategies: https://store.biggerpockets.com/products/the-book-on-advanced-tax-strategies?utm_source=youtube&utm_medium=description&utm_campaign=none The Book on Estimating Rehab Costs: https://store.biggerpockets.com/products/the-book-on-estimating-rehab-costs?utm_source=owned_media Long-Distance Real Estate Investing: https://store.biggerpockets.com/products/long-distance-real-estate-investing?utm_source=owned_media Raising Private Capital: https://store.biggerpockets.com/products/raising-private-capital?utm_source=owned_media Rich Dad Poor Dad: https://store.biggerpockets.com/products/rich-dad-poor-dad?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Hear the Latest Episode on Analyzing Real Estate Deals: https://www.biggerpockets.com/blog/real-estate-772?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Understand The BRRRR Method in Real Estate – A Beginner’s Guide: https://www.biggerpockets.com/blog/brrrr-strategy?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Pasha: BiggerPockets: https://www.biggerpockets.com/users/pasham1?utm_source=youtube&utm_medium=description&utm_campaign=none Instagram: @techierealestate or https://www.instagram.com/techierealestate/ ~~~~ Connect with David and Henry on BiggerPockets: David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Henry: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Follow David, Henry, and BiggerPockets on Instagram: David: @davidgreene24 or https://www.instagram.com/davidgreene24/ Henry: @thehenrywashington or https://www.instagram.com/thehenrywashington/ BiggerPockets: @biggerpockets or https://www.instagram.com/biggerpockets/ Show notes at: https://www.biggerpockets.com/blog/real-estate-773?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro 03:11 Quick Tip 03:41 Pasha's Current Portfolio 08:45 Minutes Away from Death 19:29 Finding a Path to Financial Freedom 24:15 First Deal, DIY-ing, and Hidden Basements 35:09 Boost Your Property Value with BRRRR 41:15 Current Cash Flow Numbers 45:00 Turning Coding into Cash Flow 52:18 Know Your WHY 55:23 Connect with Pasha!