Investing (http://www.mynd.co/knowledge-center/the-benefits-of-investing-in-turn-key-properties) is a team sport and no matter where you are in your journey, you should always keep learning. Whether you’re in property management (http://www.mynd.co/) or you’re investing in hot new markets (http://www.mynd.co/knowledge-center/tips-on-how-to-expand-your-real-estate-portfolio-in-the-current-market), surround yourself with like-minded people who have a proven track record.
One of such investors is Leka Devatha, a former fashion expert turned real estate investor in 2014. She’s been wildly successful in the Greater Seattle Area (http://www.mynd.co/knowledge-center/how-to-choose-the-best-property-management-company-in-seattle) doing fix and flips, land subdivisions, multi-family investing, and selling of residential real estate representing both buyers and sellers. Today we discuss the success mindset, power of communication, and the Seattle market trends.
What We Cover
00:00 - How to get started and turn your mistakes into success.
04:48 - Breaking glass ceilings and following a no-excuse policy.
11:04 - The importance of networking in real estate investing (http://www.mynd.co/).
12:30 - How Leka finds appreciating and cash flow deals in Seattle.
16:15 - Current and future trends in the Greater Seattle Area.
19:31 - How to leverage the 1031 tax benefit exchange to keep investing.
24:50 - What to do when you’re not cash flowing… yet.