785 Palak Shah: Overcoming the High Earners’ Paradox

Secrets of the BRRRR Investment Strategy

When people launch a new business, it can be easy to fall into the trap of simply creating a job for yourself – except instead of 9-5, it becomes around the clock.

Entrepreneurship can be an avenue to creating a life of time freedom and growing wealth just as easily as it can be a never-ending path to burnout.

Palak Shah went from being a high paid mechanical engineer climbing the corporate ladder to launching a real estate business now worth $10 million that she runs just 30 minutes a week.

Palak founded Open Spaces Capital when her request to work from home part time was rejected. She quit her high paying job and launched her profitable real estate company, and how she also teaches women how to ‘BRRRR’, that is “Buy, Rehab, Rent, Refinance, Repeat.”

 

  • How to get started investing in real estate part time as a side hustle
  • How to build a $1mm portfolio in one year
  • The “High Earners’ Paradox” and why you can’t build wealth in a corporate job
  • The secrets of the BRRRR Strategy and how to avoid common mistakes
  • How to build appetite for risk to pivot into bigger and better deals
  • How to best reposition equity by understanding the return on equity
  • And much more

 

More about Palak Shah at www.openspaceswomen.com

Palak Shah

Join the conversation with Palak and me over on the interactive podcast app Podopolo, where you can share your perspectives and she’ll take your questions. Download Podopolo, follow Wings of Inspired Business, and invite your friends.

More about Palak at Open Spaces Women

Palak Shah is the founder of Open Spaces Capital, a real estate firm she built as a stay-at-home-mom to $10 million in asset value. Palak had spent 17 years as a top paid mechanical engineer climbing the corporate ladder when she realized on maternity leave, she wanted more flexibility to focus on her children. When her request to work from home part time was rejected, she quit her high paying job and launched her profitable real estate company, and how she also teaches women how to ‘BRRRR’, that is “Buy, Rehab, Rent, Refinance, Repeat.”

Get Palak’s Book Open Spaces Women

 

Get the Transcript HERE

Our Sponsors and Special Offers

Podopolo: The Podcast App Where You Get Prizes – Just for Listening

Discover the perfect podcasts for you and your friends curated automatically to surface what you love from 5 million titles across all genres on the interactive podcasting app that makes listening social and personalized – and profitable for creators. Download now – it’s free!  And sign up for our Contest to make a difference in the world and win prizes – just by listening.

Podcasters: Who Wants to Earn $2 for Every Listener?

When you invite your listeners to listen and engage with you and your show on the interactive podcasting app Podopolo, you get paid up to $2 for every fan you bring. Become a Podopolo Ambassador now and start monetizing your podcast.

Get The 7 Steps to Your Profitable Podcast

Leverage my complimentary 7 Step Guide to engage your tribe with a magnetic podcast that makes you money.

Zero Limits Ventures

How much is your company worth? Want to find out how to boost your valuation? Claim your FREE consult call with Steve Little, who’s built and sold 6 of his own companies for 9-figure exits and helps other founders get a 5X to 10X multiple on the sale of their business. 

 

Subscribe to Wings!
 
Listen to learn the secrets, strategies, practical tips and epiphanies of women entrepreneurs who’ve “been there, built that” so you too can manifest the confidence, capital and connections to soar to success!
Instantly get Melinda’s Wings Success Formula
Review on iTunes and win the chance for a VIP Day with Melinda
Subscribe to Wings!
 
Listen to learn the secrets, strategies, practical tips and epiphanies of women entrepreneurs who’ve “been there, built that” so you too can manifest the confidence, capital and connections to soar to success!
Instantly get Melinda’s Wings Success Formula
Review on iTunes and win the chance for a VIP Day with Melinda
Subscribe to 10X Together!
Listen to learn from top entrepreneur couples how they juggle the business of love … with the love of business.
Instantly get Melinda’s Mindset Mojo Money Manifesto
Review on iTunes and win the chance for a VIP Day with Melinda
Subscribe to Wings!
 
Listen to learn the secrets, strategies, practical tips and epiphanies of women entrepreneurs who’ve “been there, built that” so you too can manifest the confidence, capital and connections to soar to success!
Instantly get Melinda’s Wings Success Formula
Review on iTunes and win the chance for a VIP Day with Melinda