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The Best Ever CRE Show

JF2798: How a First-Time Syndicator Raised $1M in 4 Days ft. Leka Devatha

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7995 Ratings

🗓️ 1 May 2022

⏱️ 21 minutes

🧾️ Download transcript

Summary

Leka Devatha got into real estate in 2014 after moving to the U.S. from India in 2005. She has flipped single-family homes, office buildings, and multifamily real estate. Today, she is focused on doing her first multifamily syndication, for which she was able to raise $1M in four days. In this episode, Leka shares how she did it and why she invests solely for appreciation vs. cash flow, plus how she made $1M on a single flip. Leka Devatha | Real Estate Background President of Rehabit Homes, Inc., a company focused on residential and commercial redevelopment. Portfolio: Flipped over 50 single-family homes and four commercial buildings. Based in: Seattle, WA Say hi to her at: https://www.rehabithomes.com/ Linkedin Instagram Click here to know more about our sponsors: Equity Multiple | Cornell Capital Holdings | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:05.3

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0:11.0

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0:35.5

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1:05.0

Deals and money.

1:06.0

We are constantly seeking deals and money as real estate investors

1:11.0

and I bet you're having a challenge right now especially with

1:15.2

deals if you're like most real estate investors because it's up to find deals right now

1:19.6

but here's the thing there's a competitive advantage out there that when implemented it will help you

1:25.2

accomplish your objective of getting more deals and or getting more investors. And that is having a great follow-up

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system. Having a great follow-up is one of the keys to success in real estate and follow-up is the leading

1:37.6

CRM for real estate. This is the system you need in place so you can reach out to owners and brokers directly

1:44.7

for deals or you can follow up with your investors and you do it all in one spot.

1:49.0

The CRM makes it 10 times faster to call and text owners, then integrates those into a software so nothing

1:55.6

slips through the cracks.

1:57.1

The follow-up boss conversion system and powerful management tools help align your methods

...

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