Asa Soltan Rahmati

Asa offers some clarity about her financial situation.

on Dec 31, 2012

Hey Everyone!

It seems to me that there is some confusion regarding my involvement in my parents' financial state.

The fact is that my life is and has always been dedicated to making my parents' life easier, particularly my Mom's life. I have actually financially supported my parents since I was in my early 20s, with regular payments every month. You didn't see me talk about this before because I don't want to put my father on blast about having lost his business, etc. I also like to take them on a vacation when I can, seven out of the last ten years I have taken my family on a family vacation. We've been to Hawaii a few times, Belize, and Jamaica. We are a very very close knit family and I definitely don't see this as "my" money or "their" money. All money is OUR money. And if there is no money, you better believe that I am laser focused on getting it. Since my father lost his business a few years ago, it got more serious and I more than ever realized that I want and need to make a lot of money and really take care of them. My father doesn't have a retirement plan or anything like that. While taking care of them had always been a priority to the point of obsession for me at that point the sense of urgency exploded in my mind.

I bought my property in 2003, and it has more than tripled in value!

My property is in the best part of Venice Beach where property value is higher than Beverly Hills. I have a couple of tenants who are my main source of steady income. I have worked very hard to get my property to be where it is at and I am so very blessed that this investment has paid off as it has, however, stakes got so much higher when my parents' situation shifted not too long ago.