CDL 17: How a Russian Immigrant Forced Into Landlording, Became a 6 Figure Rental Producer and Real Estate Software Tycoon

CashFlow DadLife

So the big question is this, what would you do if money didn't matter? So you had millions in your bank account, what would you focus on? Would you spend more time with your family, with your wife, with your kids, take family vacations. Would you pursue your gifts and talents in dreams?

Serve your local community, teach others, serve your church. You see if what you would do if money didn't matter, it was, pursue your gifts and talents and drains to serve others. And that is probably what you should be doing. The problem is most people are in the rat race, living five inches in front of their face with no time to pursue what they were born to do.

That is the problem. And the solution is to develop enough passive income to replace your working income. So you can quit your job and be free to live your life the way you were created to. That is a solution. And this podcast will show you how.

Hey, what's going on everybody. This is Ryan with Cash Flow Dad Life. And uh, we have a special guest on with us today. A gentleman by the name of Anton and Anton is a real estate investor and an entrepreneur. He's got it over 35 units. I think you're generating over $10,000 a month in cash flow right now.

He's also the founder of a very helpful and successful software called deal check and that is, it's used by over 50,000 real estate investors to help them quickly analyze a deal and to analyze the deals on the go and compare different investment properties. I just want to make sure everything's working. Anton, you there? I am here. Awesome. Awesome.

So real quick, can you just give us your backstory. I mean, you've, you've had a lot of success, real estate, uh, doing a lot of different things. But you kinda stumbled across real estate by accident a little bit. Can you tell us a little bit about how that happened?

Anton Ivanov: Uh, sure. So I'm kind of... right out. After high school I joined the military, so I joined active duty in the US navy and I was actually stationed in Japan, and one of the navy ships and unfortunately in 2008, 2010 right around that time, uh, both of my parents passed away, uh, and they owned a single property in southern California, was a condo where they lived and you know, that I'm passing.

I basically inherited this property, and so to speak became an accidental landlord. So definitely not something I was planning on. It was kind of a sudden a event in my life and um, you know, me out there living in Japan, um, and, you know, this property being in southern California, I never owned property before my life prior to that. So I wasn't sure what to do with it.

I thought about selling it at first because that kind of seemed the easy route. But I've talked to a few people, they kind of convinced me, hey, why don't you rent it out? So good rental market there, see how it goes, you know, and, and then you can always sell it later.

So that's actually what I did. I kept it and I'm very happy now that I did and that basically became my first rental property even though I didn't buy it, but it did give me a lot of experience being a landlord, you know.

Kinda taught me the basics about tenant management and dealing with maintenance issues and working with the property manager who I obviously had to use because I didn't live there, uh, and kind of gave me that first taste of also out of state or even out of the country for me at the time, a property management and kind of managing a rental portfolio.

So I'd say that kinda was the foundation and the first step or at least the first experience for me with a, with the real estate.

Ryan Enk:Yeah. --- Support this podcast: https://podcasters.spotify.com/pod/show/cashflow-dadlife/support