Apr 14, 2020
Generational wealth is the goal of many real estate investors. And while the first generation works hard to create the foundation, often the second-generation has different goals and desires outside of the family business. Pankaj Sharma knows this all too well.
Pankaj is a second-generation multifamily owner/operator with over 20 years of experience in the field. His current personal portfolio consists of 2,000 units in 5 major cities in eastern Pennsylvania. His latest deal closed in July of 2019 when his company purchased a $50 million fixer-upper, multifamily building. Recently Pankaj started Sharma’s Karma, a YouTube channel, as a way to document their investing journey and give back.
In this episode, Pankaj shares his view on generational investing, working with family, details of the $50 million apartment project, and the role meditation and mindset have played on his real estate journey.
The main thing in failure, everything is temporary, whatever you are going through this too shall pass.
Most Recommended Book:
Wish I Knew When I Was Starting Out:
Should have bought a whole lot more.
What I Wish I knew a Year Ago
That there was going to be a recession because it’s here.
Where his new level of meditation will take him
Best Place to Grab a Bite in Spring City, PA
His house, his wife Ruby is the best cook
Website: S&S Properties Investment