BiggerPockets Real Estate Podcast The Stages of Real Estate Investing (Where Do You Stand?)
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Jul 30, 2025 Leka Devatha, a successful agent and investor from Seattle, shares her inspiring journey from being a real estate novice to a millionaire through investment properties. She breaks down the crucial stages every investor faces, emphasizing how to scale faster and more efficiently. Leka discusses overcoming early challenges, the importance of personal responsibility, and transforming simple investments into profitable opportunities. She also highlights key strategies for expanding a portfolio while managing time effectively, ensuring that even beginners can unlock their potential in real estate.
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Start With Free Education
- Immerse yourself in free educational resources like podcasts, books, and meetups before investing.
- Education builds a strong foundation for scaling your real estate business efficiently.
Choose Easy First Deals With Margin
- Your first deal must be easy to execute with a large profit margin to allow room for failure.
- Aim for a flip with at least a $100,000 profit spread and a buy-and-hold with positive cash flow.
Scale By Capital Raising And Focus
- To scale, focus on raising capital creatively from lenders and strategic partnerships.
- Master one investing path first before diversifying to scale efficiently and sustainably.
