BiggerPockets Real Estate Podcast
Business:Investing
The key to financial freedom? Work as a pizza delivery driver! Not only will you learn how to handle high-pressure situations, but you might also find your next property on a regular pizza run! At least that’s what Pamela Bardhi did to build her twenty-seven-unit rental property portfolio and reach financial independence in her late twenties! Pamela’s family moved to the United States when she was just five years old, thrusting her into the restaurant business before she realized that real estate was her true passion.
Pamela did everything right. She studied hard, got scholarships, worked at internships, and built her own business, but she was still miserable. Working every day of the week, often twelve hours at a time, was eating away at her. She wanted some side income to help her dial back the time spent building her business, but when her first deal turned into a $100,000 profit, the property game was too enticing to resist. Since then, she’s scaled to massive heights and wants you to do the same.
With twenty-seven rental units, over one hundred deals done, and a financially free lifestyle by thirty-one, Pamela knows what it takes to build a property portfolio FAST. But she also knows what can make it crumble. Pamela shares her three BIGGEST lessons learned from doing over one hundred deals and how she turned delivering pizzas into a passive income stream that will create generational wealth for her whole family.
In This Episode We Cover:
How to reach financial independence with rentals in under ten years
The three biggest lessons every real estate investor must learn to NOT get burnt on a deal
Passive vs. active income and why the investor life isn’t for everyone
Becoming your own boss and quitting corporate to do what truly fuels you
How the right mentor can immensely speed up your road to early retirement
Real estate partnership red flags that’ll lead to you losing money or pulling your hair out
And So Much More!
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From DoorDasher to $1.5 MILLION in Real Estate (All at 22 Years Old!)
The 30-Something’s Guide to Financial Freedom
Flipping Houses: How to Get Started and Everything You Should Know
Connect with Pamela:
Pamela's BiggerPockets Profile
Pamela's Instagram
Pamela's LinkedIn
Pamela's Website
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-779
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641: 15 Rentals in 1 Year (While Running 3 Businesses!) by Putting Time First w/Christian Bachelder
640: How to Buy Your First 3 Rental Properties (Step-by-Step) This Year!
639:Passive Income (Without the Properties!) by Investing in REITs w/Matt Argersinger
638: Making a Profitable Pivot Out of Regular Rentals and into Vacation Investing w/Brian Davila
637: Private Money Explained: 5 Simple Ways to Find Private Money Today (Part 2) w/Amy Mahjoory
636: Private Capital Explained: The 4-Second Pitch to Unlock Unlimited Funds (Part 1) w/Amy Mahjoory
635: How an "Average Joe" Can Build a Multimillion Dollar Rental Portfolio
634: Why 2023 Will Be One of The Best Years Ever to Invest in Multifamily w/Matt Faircloth and Andrew Cushman
633: Seeing Greene: Is My BRRRR a Bust If Cash Flow is Low?
632: The “Conveyor Belt” System That’ll Build You a BIG Rental Portfolio Quickly w/Jake and Gino
631: BiggerNews July: Rich Dad's CPA on How ANY Investor Can Avoid Taxes in 2022 w/Tom Wheelwright
630: Seeing Greene: Estimating Rent, “Amplifying” Cash Flow, and DIY Investing
629: Brandon Turner’s 4-Step “Viral” Formula That’ll Bring You Deals TODAY
628: How Being a Quitter Will Make You a Millionaire
627: Seeing Greene: The Real Estate Winners and Losers Of The Next Recession
626: How “Turnkey” Rentals Can Help You Build Real Estate Riches Faster w/Zach Lemaster
625: Live Takes: How to Tackle the Tax Man by Buying More Real Estate
624: Seeing Greene: How to Get Around High Down Payment Requirements
623: 10th Grade Dropout to 400-Unit Apartment Complexes (WITHOUT Raising Money) w/Sofia Castro
622: 7 Expert Negotiation Tactics That Will Put a Buyer/Seller/Tenant on Your Side
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