Monday Aug 26, 2024
#51. Pasha Esfandiary—High Stakes to High Returns: Poker Lessons for Real Estate Success
Pasha Esfandiary, founder of Evoke Capital, shares his journey from professional poker player to real estate investor. He discusses the lessons he learned from poker, such as the importance of education, going by the numbers, and game selection. Pasha explains why he chose mobile home parks as his investment focus, citing the opportunity to buy from mom and pop operators, the potential for high returns, and the double depreciation benefits. He emphasizes the need for emotional intelligence in business and explains how it helps in decision-making and team management. Pasha discusses his vision for Evoke Capital and the importance of building infrastructure for scalability. He also mentions the book 'Die with Zero' and how it changed his perspective on money and experiences.
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