Maximizing Your Investment Strategy: Insights from Pasha Esfandiary, CEO of Evoke Capital
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Welcome to The Legacy Wealth Podcast where we help accredited business owners become educated & get access to, private investments that the wealthiest investors in the world utilize to grow their net worth. We do this by providing insight & access to successful fund managers & investors across multiple asset classes.
I’m your host, Pascal Wagner, and today we are interviewing Pasha Esfandiary, CEO of Evoke Capital, and we'll diving into:
- The importance of knowing what works for you as an investor
- Market trends that can absorb potential failures by an operator
- Powerful questions can help investors clarify their goals
About Pasha Esfandiary:
He used to be a professional poker player. He dropped out of college, making money with poker and then got into real estate.
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. Pasha has developed Evoke Capital include a portfolio of over 1300 units.
Links from this episode:
- If you're looking for highly vetted opportunities to invest in, get access to our deal database of alternative investments & join our investor club at www.getfundbase.com.
- Watch the show on YouTube here: https://youtu.be/yfZFxOTqndI
Links from our Guest:
- https://www.linkedin.com/in/pashaesfandiary/
- https://www.linkedin.com/company/evoke-capital-llc/
- https://www.evokecapital.net/
- https://www.instagram.com/pashaesfandiary/?hl=en
- https://www.instagram.com/evoke_capital/
- https://www.facebook.com/profile.php?id=100088807093492
Time Stamps:
00:00 - Intro
00:45 - Pasha's background
04:01 - Pasha's shift from poker to real estate
05:07 - How Pasha started with residential properties and then ventured into land and motel investments.
07:30 - Pasha's investment in other operators and diversified his investments beyond mobile home parks.
08:21 - The pros and cons of each investment
09:27 - Poker concepts into crypto
11:00 - The early days of crypto
12:30 - Pasha decides to invest with VCs who have better access and knowledge.
13:00 - The abundance of information in crypto
14:19 - The various funds Pasha has invested in
17:59 - Pasha advice on transparency and receiving regular reports from operators
22:14 - The importance of investing in things of personal interest and enjoying the research process.
23:16 - Pasha's first investment deal as an LP
25:45 - The significance of market trends
28:39 - Pasha distinguishes between investors who focus on their own returns and those who closely monitor the fund manager's earnings.
30:00 - Pasha's dislike on specific fees
41:14 - A refi project with an 8% interest rate
42:46 - Pasha talks about the concept of the "infinite cash flow club" and reinvesting the returned funds into another property.
45:22 - The importance of understanding investment goals and having a clear strategy.
47:17 - Outro
34 episodes