How to Turn a Structural Disaster into a Cash Cow with Ara Poladian

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The Andrew Hines Real Estate Investing Podcast

Andrew M. Hines

298 episodes

6 days ago

Build Wealth Through Real Estate Based Strategies. Join Andrew Hines as he interviews various successful real estate investors and has them explain their strategies to flipping houses, executing the BRRRR strategy, investing in multifamily properties, investing in private mortgages, developing land, house hacking and more.

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Investing

Business

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How to Turn a Structural Disaster into a Cash Cow with Ara Poladian

The Andrew Hines Real Estate Investing Podcast

51 minutes 25 seconds

1 year ago

How to Turn a Structural Disaster into a Cash Cow with Ara Poladian

In E287, Andrew interviews Ara Poladian on the show for the second time. Since we last spoke, Ara transitioned from his engineering job into contracting and has been thriving in real estate. Over the past three to four years, Ara has leveraged his structural engineering background to excel in construction project management.

Initially starting with duplex conversions, Ara rapidly expanded into multifamily investments, securing lucrative projects even during challenging times like the pandemic. His strategy involves acquiring properties with significant structural issues at a discount, then applying his expertise to add value. For instance, he successfully tackled a twelve-unit building with settlement issues in Kitchener, implementing helical piles to stabilize and level the property. This hands-on approach has resulted in impressive cash flows, like $4,000 to $5,000 a month from these investments.

Ara’s entrepreneurial spirit is fueled by his desire to ensure financial stability for his family. Despite the ups and downs, he emphasizes the importance of learning from every experience and staying grounded. He continues to advocate for a balanced approach to work and personal life, making time for his four children and ensuring his investments align with long-term family goals.

Ara’s journey is a testament to resilience and smart investing. His story highlights the value of leveraging professional skills in real estate and maintaining a clear focus on both personal and financial growth. Tune in to learn more about Ara’s strategies, insights, and the incredible projects he’s tackling in the multifamily real estate space.

Order your copy of my new book - Real Estate Titans : Tools, Tactics & Wisdom for Canadian Real Estate Wealth today.

Connect with Ara Poladian:

Email: ara@poladianconstruction.ca Instagram: https://www.instagram.com/poladianconstruction/ Webiste: http://www.poladianconstruction.ca/

Andrew Hines Audio · E287 How to Turn a Structural Disaster into a Cash Cow with Ara Poladian

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