TLI Member Spotlight: Investing in Mobile Home Parks with Pasha Esfandiary
Today, as a part of the Lifestyle Investor member spotlight series, I’m speaking with Pasha Esfandiary.
Pasha has been a part of our mastermind group for a few years now and has brought a ton of wisdom, experience, and opportunities to our community of investors.
In this episode, I wanted to chat with him about his investing journey. You’ll hear how he transitioned from playing professional poker to building a real estate empire with over $250M in transactions across multiple asset classes. These include residential homes, boutique motels, large multifamily properties, mobile home parks, and more.
You’re going to hear why he decided to double down on mobile home parks, how he syndicates deals for investors, his process for managing operations for his real estate business, and the benefits he’s gotten from being a part of our mastermind group.
Key Takeaways with Pasha Esfandiary
00:00 Lifestyle Investor spotlight series 02:00 Lessons learned from playing professional poker 15:22 Traveling the globe and experiential meetups 18:10 Surrounding yourself with those who will elevate you 21:03 Lifestyle Investor Mastermind 23:09 Building a real estate empire 26:12 Investing in mobile home parks 36:06 Why Pasha went all in on mobile home parks 34:33 The greatest real estate investor of all time 38:19 Real estate syndications vs real estate funds 41:52 Operations: In-House vs Outsourcing – which is better?
=========================== About Pasha Esfandiary ===========================
Starting his career in real estate in 2011, flipping homes found at auctions, Pasha has since been involved in over $250 million in transactions across multiple asset types. These include residential homes, boutique motels, the purchasing and management of large multifamily properties, and working with housing programs in vulnerable communities.
In early 2021, Pasha founded Evoke Capital with the primary objective of helping others achieve financial freedom through real estate investing. His lifelong philosophy is what drives Evoke Capital to excellence – People First. Treating each investment as his own and each tenant as family, Pasha has developed Evoke Capital within 24 months to include a portfolio of over 1650 units.
Throughout Pasha’s successful professional ventures, the unfolding of his dream focuses on his value of sustainable community development. This goal in building low-income housing is to provide much more than a roof overhead. The future includes an NGO where all the Evoke properties provide nurturing and interconnected community for his residents. The plans are for valuable educational resources within finance, nutrition, and emotional intelligence. Pasha is committed to building an environment that empowers and encourages its residents to grow, achieve and thrive.