E257: From the Poker Table to the Real Estate World with Pasha Esfandiary

<p>From playing poker to investing in real estate, this guy pretty much figured out how to play this game of life according to his own terms. Listen in as Erik Cabral chats with Pasha Esfandiary about his journey from the poker world to the real estate investing world. As the co-founder and CEO of Evoke Capital, Pasha has found a niche within the mobile home park niche and is also working in housing programs to help vulnerable communities.</p> <p><strong>Here are some power takeaways from today’s conversation:</strong></p> <ul> <li>Why he decided to transition to real estate</li> <li>The dark side of the poker world</li> <li>The power of finding the right partners</li> <li>Why consider investing in mobile home parks</li> <li>Embracing failure through resilience</li> <li>The parallels between poker and real estate</li> </ul> <p><strong>Episode Highlights:</strong></p> <p><strong>[17:11] The Dark Side of Poker</strong></p> <p>The dark side of poker is that typically, people who come into the poker world have a tendency and an affliction towards an addictive personality. That usually plays out in other aspects of their life, whether that's table games, Blackjack, Roulette, all the things, or propensity to do drugs, alcohol, etc.</p> <p><strong>[30:03] Finding Your Cash Flow &nbsp;in Mobile Home Parks</strong></p> <p>Mobile home parks are the only asset class where the supply is dwindling and the demand is increasing. The reason Pasha went to mobile home parks is once you have set everything up mobile home parks can be a pure cashflow machine.</p> <p><strong>[35:37] The Power of Resilience</strong></p> <p>Keep making the right decision that's going to afford you a better life 10 years from now, or a better business 10 years from now, and don't ever deviate from who you are in business. Keep making that right decision over and over and compound it over time, and it will bring you wild success.</p> <p><strong>Resources Mentioned:</strong></p> <p><a href="https://www.evokecapital.net/"><u>Evoke Capital</u></a>