The Side Hustle and Business Show with Eric Lindsey

Escaping A Great Engineering Career Through Multifamily Apartment Syndications with Deepa Akula


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Deepa is a full-time real estate investor and multifamily syndicator in Seattle, WA. She serves as a General Partner for 1400 units and a Limited Partner for 1800 units across TX, AZ, and FL. Deepa holds a Master’s in Mechanical and Aerospace Engineering and is a licensed Professional Civil/Structural Engineer. She previously held the position of Head of Engineering for a utility pole manufacturer. Her passion lies in generating excellent returns for her investors, promoting financial literacy, and advocating for it. Deepa is also a published author.

Get 3 Free PDFs for Wholesaling SFR/Mobile Homes and learn How to Make $100,000 a Year on the Side of Your Full-Time Job by visiting: https://ericlindseyml.com/

Click on this link to get our Free E-Book "An Introduction Into Apartment Syndication Book:" https://moonlightcre.com/ebook_download/

Website: http://Ericlindseyml.com

Click on the link below to schedule a call with Eric: https://calendly.com/moonlightequitiesgroup/scheduled-conversation

During this episode, you will learn about:

[01:51] A bit about Deepa and how she started in real estate

[04:48] What inspired Deepa to enter the multifamily space and start bigger

[06:27] How Deepa managed syndication deals while maintaining a W2 job

[10:57] Deepa's initial deal after transitioning to becoming an LP

[16:12] Underwriting techniques that Deepa employs to pre-qualify deals

[21:53] Something Deepa wishes she had known before embarking on her real estate journey

[22:56] How Deepa effectively balanced her life and business while in a W2 job

[24:57] The duration it took Deepa to complete her first syndication deal as an LP

[26:03] How Deepa presently balances her personal life and business

[28:26] Starting a successful syndication with limited time

[29:32] What to do if you have little cash and experience to become an active syndicator

[30:12] The best ways to connect with limited partners and active syndicators

[34:30] A personal development book recommended by Deepa for Moonlight listeners

[35:42] How to reach out and connect with Deepa


Notable Quotes:

"Syndications are passive and scalable."

"Wherever you start, that’s where you benchmark yourself; if you start bigger, that’s where your starting point is, and you go higher from there."

"If you know what you want to do, go out there and surround yourself with like-minded people and start investing today."

"You need to know your goals; once you know why you want to start a side hustle, filter everything that comes to you as an opportunity through those lenses."

"If you want to do something and don't assign time, it never gets done."

...more
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The Side Hustle and Business Show with Eric LindseyBy Eric Lindsey

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