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The Stages of Real Estate Investing (Where Do You Stand?)
Description
Within 10 years, today’s guest went from zero experience in real estate investing to millionaire through investment properties. Now, she’s reverse-engineering her path, showing you how to do it faster, even if you’re just getting started on your first deal. Almost every (successful) real estate investor goes through a few crucial “stages.” Today, we’re breaking them down so YOU know where you stand.
First: Do you know how a mortgage works? If so, you’re already further ahead than Leka Devatha was a decade ago. She was not only an immigrant to the United States, but also had extremely basic financial knowledge, far from what a “real estate investor” should possess. However, even starting from zero, Leka was able to scale not only quickly but efficiently. A decade later, she’s one of the leading voices in real estate investing, with a financially freeing rental portfolio and fun projects that make her massive six-figure profits.
We’ll detail the different investing stages, from complete real estate rookie to expert investor, plus show you how to get the funding for your first or next deal, how to buy back your time, and make more money while having fewer properties (it’s very possible).
In This Episode We Cover
The different “stages” every real estate investor goes through (and how to scale faster)
The easiest, FREE way to start real estate investing (Leka did this!)
Why you must (must!) buy an “easy” property for your first real estate deal
How to start scaling to multiple rentals, flips, and deals each year
Raising money from your network so you can grow even faster (and make others money!)
Buying back your time so you can actually enjoy your financial freedom
And So Much More!
Check out more resources from this show on BiggerPockets.com and
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