BiggerPockets Real Estate Podcast
Business:Investing
You’ve built a sizable rental property portfolio; now, it’s time to relax. You book a trip to the beach, get on your swimsuit, and are about to head out the door, but then, your tenant calls you. “The toilet is leaking,” “I lost my keys,” “The oven just went out.” Instead of enjoying your vacation, you’re spending hours looking up plumbers, locksmiths, and electricians. You’re juggling phone calls while trying to enjoy your time off. Wasn’t real estate investing supposed to be passive?
This is the scenario that most landlords are living in. And it only gets worse the more homes you buy and the more money you make. But, there is a way never to pick up another tenant phone call again while giving your renters the best experience imaginable. All you have to do is build a system like Pasha Maleknia did. Pasha went from 218 tenant phone calls a year to only one by creating and tweaking this passive income system. In today’s episode, he’ll provide the exact steps so you can do it too.
Pasha’s system isn’t complex, and most of it can be built for free. There’s no expensive software or complicated formulas to create this rental portfolio system. If you have some time to set aside from your day, you can build something like this in a matter of hours. So, are you ready to trade tenant phone calls for more trips to the beach? If so, stick around!
Grab Pasha’s system spreadsheet template here.
In This Episode We Cover:
The five-step system to turn a nightmare rental portfolio into truly passive income
Why you DON’T need to spend a lot of money or time building a rental systems
Finding your “why” behind real estate investing and financial freedom
How Henry Washington saved over twenty hours immediately by implementing one super simple system
The two things you need to build any system quickly and cheaply
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
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
Grab Pasha’s System Spreadsheet
Listen to Henry on The “On The Market” Podcast Wherever You Listen to Podcasts:
Spotify
Apple Podcasts
BiggerPockets
Henry's BiggerPockets Profile
Henry's Instagram
Henry's Website
Hear Our Full Interview with Pasha
4 Ways Systems Make Landlording Easier, Simpler & More Profitable
Connect with Pasha:
Pasha's BiggerPockets Profile
Pasha's Instagram
Pasha's Website
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-784
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
691: Painless Property Management 101 w/Ryan Barone from RentRedi
690: Seeing Greene: Why Are My Rental Property Returns Looking So Bleak?
689: Landlord Tax Loopholes That’ll Help You Pay ZERO Taxes in 2022 w/Matt Bontrager
688: Scott Galloway (Prof G) on Why Smart Investors Stay Away from “Sexy”
687: Seeing Greene: Using the “Capital Carrot” to Find Money for Your Next Deal
686: Seven-Figure Flips and Opportunity Zone Investing w/Former NBA Player Evan Turner
685: How to Easily Find Off-Market Properties (No Experience Required!) w/Justin Silverio
684: Seeing Greene: The “Energy of Money” and Why You’re Looking at Debt All Wrong
683: Why Expert Negotiators Love to Hear “No” w/Never Split the Difference’s Chris Voss
BiggerPockets Bonus: Q&As, Deal Reviews, and Cameos from Your Favorite Hosts
682: BiggerNews November: Was The “Office Apocalypse” All Hype? w/Kevin Fagan
681: Real Estate Horror Stories: Navigating Six-Figure Losses, Stabbings, and Sewer Problems
680: Why Hosts Are Backing Away from Travel Sites and Building Direct Bookings w/Mark Simpson
679: Medium-Term Rentals: How to Get BIG Cash Flow Out of Small Properties w/Sarah Weaver and Zeona McIntyre
678: Is the Buyer’s Market Back? How to Find Deals and Steals on the MLS w/Jamil Damji
677: How to Build an Income-Replacing, All Off-Market Rental Property Portfolio w/Taylor Wing
676: Rob's Real Talk: What Running Short-Term Rentals at Scale REALLY Looks Like
675: Seeing Greene: When Does It Make Sense to Refi with High Interest Rates?
674: Investor Update: The "10 Deals on $20K/Year" Investor's Explosive Growth w/Ashley Hamilton
673: Beyond Cash on Cash: How Thinking Like an Investor Unlocks More Deals w/Dave Meyer & J Scott
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
TED Talks Daily
Radiolab
StarTalk Radio
The Inforium
Entrepreneurial Thought Leaders