Ep #742 - Making The Decision To Go For It In Multifamily
Lifetime Cash Flow Through Real Estate Investing
Rod Khleif
4.6 • 1.4K Ratings
🗓️ 28 September 2022
⏱️ 37 minutes
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Summary
Deepa is a Real Estate investor and Multifamily Syndicator based in Seattle, WA. She was introduced to the world of Real Estate Investing when she was looking for an investment vehicle for her savings when working as an Engineer. She started investing passively in apartment communities, fell in love with the concept, and transitioned into working in real estate full time. She focuses on identifying and investing in high-performing real estate assets and is passionate about financial literacy and creating multiple passive investment streams.
- Being Flexible & Making Changes to Follow Your Dreams
- Private Placement Memorandums
- Getting a Feel For The People Around You
- The Secret To Multifamily Is Adding Value
- The Most Common Syndications, 506b and 506c
- Sometimes The Investor Won't Be "The Right Fit"
To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com
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Transcript
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| 0:00.0 | So if you're accredited, listen up. So we've got a few spots left in what will be an A class value add multifamily deal in Nashville that we're closing very soon. Now we're putting 60% loan to value fixed rate and long term debt on it and even with that super conservative debt, we have great returns projected conservatively projected upwards of 10% cash on cash 16 to 19% internal rate of return and then 20 to 22% AAR. Now with that. |
| 0:29.0 | Now with that said my outcome is also to educate my investors through through the process of this deal. Now if you've ever wondered how you can partner with my team and how you can be directly involved in the investing process and learn this business really from the inside out while you're invested. |
| 0:44.0 | If you're invested, text the word partner to 72345 or you can go to CRE Capital dot com and you can watch the webinar we did on this deal and and invest in it or you know or even book a call with us. Again, that's text partner to 72345 or go to CRE Capital dot com. Now this is a good one if you're accredited. All right, let's get to it. |
| 1:08.0 | Welcome. This is the lifetime cash flow through real estate investing podcast. This is where you'll learn strategies to help you achieve lifetime financial freedom through real estate investment. |
| 1:20.0 | Your host, Rod Cleef, has owned over 2,000 homes and apartments and he brings experts in all aspects of real estate investment and management onto the show. Now here's your host, Rod Cleef. |
| 1:34.0 | Welcome to another edition of how to build lifetime cash flow through real estate investing. I'm Rod Cleef and I am thrilled that you're here and I know you're going to get tremendous value from the dynamic woman that I'm interviewing today. Now her name is Deepa Akula and Deepa is in about 3000 doors as a general partner and limited partner 1300 of those doors are a general partner and she's actually partnered with somebody that I have a big affinity for KK and very excited to have you on the show today, Deepa. |
| 2:02.0 | Oh, thanks, Rod. It's an honor to be here. Thank you for that. Well, listen, why don't you now let me say a couple more things about you. First of all, you're a structural and civil and structural engineer in I guess the aerospace industry or you were going to be in the aerospace industry. You're an immigrant like me. |
| 2:19.0 | You know, I your bio is so extensive. I didn't even want to try to attack it. So if you would just maybe go back and tell us a little bit about who you are and where you came from and kind of bring us current, if you would. |
| 2:32.0 | Yeah, no, thank you. So I immigrated from India and I came here to the University of Missouri in Columbia for my masters in mechanical and aerospace engineering. |
| 2:44.0 | So I had the bachelor's from India in mechanical engineering and I really wanted to be in the aerospace field and University of Missouri had Boeing contracts and a lot of research. |
| 2:56.0 | So I went there and Boeing paid for my masters. So it was a free ride to college and I was looking forward to working for them once I graduated. |
| 3:07.0 | And I graduated in 2007 and I found out after I graduated or write about when I was about to graduate is that since 9-11 or after 9-11, Boeing was not hiring foreign foreign engineers who did not have a green card or were citizens and I was neither at that time. |
| 3:28.0 | And my only options were to pack up go back to India or just find another job here and apply for a work visa to stay here to add value. |
| 3:41.0 | I took the first job I got and it was in civil engineering. And I was like, okay, I'm just going to take that job up and see what I can do. And I was trained in building and designing things that move automobiles and flights. |
| 4:00.0 | And now I had to work on structures that we preferably want to be stable like homes and powers. |
| 4:07.0 | So I did that. I took that up as a challenge and I passed the professional engineering exam for civil structural engineers. So I'm a licensed professional civil structural engineer in nine different states and did that for 14 years and was investing in real estate on the side. |
| 4:25.0 | I didn't have a reader and somehow I, it was a blog or a book where I read about syndications and just started reading about them that extensive research. |
| 4:36.0 | I took a boot camp. It was a three day boot camp and learned about syndications and started investing on the side as I was working. |
| 4:47.0 | As a passive investor, like an LP. |
| 4:49.0 | A passive investor, yes, as an LP. And that's kind of how I got behind the scenes work because PPMs, we usually don't have access to it if we don't invest. |
| 4:58.0 | Right. |
| 4:59.0 | For those of you that don't know what a PPM in is in a syndication is called a private placement memorandum. |
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