784: How I Went from 200+ Tenant Phone Calls to 1 Per Year Using This “System” w/Pasha Maleknia

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 27 June 2023

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

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 [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the bigger pockets podcast show number 784.
0:04.6	Oh look I did it I nailed the fingers on the first try.
0:08.0	Take that David Green.
0:09.5	So for reference what you're saying is in the last 12 months you had 218
0:14.8	calls from tenants around issues or potential issues at a property.
0:19.1	And of those 218 calls you only had to talk to someone one time.
0:23.6	Correct. I would say the system works.
0:26.7	Thanks. Oh maybe I'm just super lucky I don't know.
0:29.6	I am taking over the bigger pockets podcast today and I have the pleasure of
0:35.2	interviewing my good friend my partner my student Mr. Pasha Maliknia.
0:39.3	Pasha's got an advanced degree in information systems.
0:42.1	He's here to teach you how to build systems that save you time and money.
0:46.1	Pasha we know you love board games so what would you say is more fun.
0:50.8	Learning a new board game or building a new system.
0:53.7	You're making it so hard.
0:55.2	I would say building a new system.
0:57.2	I just like to challenge and just the challenge.
1:00.6	Of course you're nerd.
1:03.0	So why should you stick around for this episode?
1:04.8	We're going to be dispelling some myths around system.
1:07.6	We're going to talk about why you're probably already spending time on systems
1:11.9	without even knowing it.
	...

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