Investing is a team sport and no matter where you are in your journey, you should always keep learning. Whether you’re in property management or you’re investing in hot new markets, 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 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.
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.
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.
26:49 - Leka’s forecast for the real estate markets in Seattle in 2021.
32:26 - How to get in touch with Leka and learn from her.
Steve Rozenberg 00:06
Ladies and gentlemen, I am so excited today to have my very good friend on I can't wait to talk to her and catch up. First of all, this is the Myndful Investor Podcast show brought to you by Mynd Property Management. And you know, the reason we started this show is I'm an investor, I've grown up investing, I've made a lot of mistakes. I've learned a lot of things along the way. And I've learned that at the end of the day, all of us investors kind of have the same challenges, we go through the same struggles. Maybe we're in a different city, maybe we're in a different country. But at the end of the day, we're all the same. And I've been so fortunate enough to meet some amazing people along the way on this journey, that I can, you know, as I elevate, they elevate and you kind of watch what they do. And, you know, they say success leaves trails, and if you hang around like-minded people, you will very much be able to follow in their footsteps. And so the guest I have today, she and I met about a year ago, no, we met a couple years ago, actually, at Charlie Arbors PNW Badass Expo up in Seattle. And, but we really got to know each other last year in Maui at a mastermind, brand new turner's mastermind with Carl and Brandon. And we got to hang out for a couple days. And it was it was awesome. We really got to kind of get to know each other and learn about who we were and what our goals were. And again, it's always nice to talk to people that make you feel like you've got to step up your game. And Leka is definitely one of those people that is she is stepping up her game. So every time I talk to her and other people, I think, gosh, I have just got to do a little bit more, and I got to work a little bit harder. So Leka, thank you so much for coming on the show with me today. I can't wait to dive in and hear what you're doing. So first of all, tell everyone just a little bit about you your history, and what you've done up until now.
Leka Devatha 02:08
Steve, I am so excited to be here. You're one of my favorite people. I really like... every time I'm in your presence. I just feel like, wow, this guy's awesome. Like, I just want more of you. You know, I just want to keep talking to you. So this is awesome. Thank you for having me. Yeah, so a little bit about me. I am originally from India, and moved to the country in 2006. And I just transitioned from my role in India into fashion merchandising here for a small company called Nordstrom. And you know, I worked there in Nordstrom corporate for about eight years. And in 2014, I basically said, I have to do more, I need to go out there I need to like put myself you know, just basically shatter glass ceilings, go outside the boundary and do something that you know that I'm going to be proud of looking back 30 years from now. And real estate just happened to fall in my lap. You know, I was really interested in construction and learning about new construction. And as I started diving in, I was like, okay, maybe I should flip a home first and ended up literally just quitting my job, buying my first home to flip. And here we are six years later. I flipped. Yeah, it's crazy how time flies when you're having fun. But I'm really proud of everything that I've done. All the mistakes that I've made has really contributed to some of my massive successes. And through my career in real estate investing, I've flipped homes, I've subdivided lots, I've done additions, multifamily investing, host a meet up and then I get to meet really cool people doing amazing things like you and you know, all the people that we met in in Maui, so I can't say that, you know, I regret any day.
Steve Rozenberg 04:08
Yeah, yeah, even the mistakes, right? I mean, we you and I know that. Now making a mistake, nobody likes to but when a lot of times if you can set your ego and pride aside and you can sit there and say okay, is there something that probably I shouldn't have done or maybe won't do next time? Normally, there is a lesson there. Now, I'd like to talk a little bit. You mentioned something about glass ceiling and breaking that, I'd like to talk about the book that you were recently in the only woman in the room with with Ashley and all these other just amazing rockstar, female investors as you and I both know, talk talk to me a little bit about that book and kind of what you put into it and your thoughts of it.
Leka Devatha 04:48
Yeah, so um, you know, when I first started investing, I was, you know, one of the very few women in my market that were actually getting down and dirty in the weeds doing large, single family multi family flips. And so I always had these limiting beliefs that Okay, why would this guy or this company bring me a deal over another guy that was doing this right? Like, why would they bring it to a minority. And soon I realized that it didn't matter whether you were a man or a woman, whether you are a one person company, or 100 person company, it's ultimately goes back to your ability to make good lasting relationships, and also show the world that you know, if you take on a project, you're in it to win it. And no matter what the outcome is, you know, whether you make money or you lose money, you give it everything. And when people start to see that, like, it doesn't matter who you are, or what you're doing, or how many deals you have in the past, or what experience you have. I mean, Steve, like I came from fashion, like I had no real estate background whatsoever, right? So coming into this, like, all those inhibitions, you know, all the naysayers, like, those are really apparent. And oftentimes, I entered a room or a little mastermind, or a large mastermind or conference, and I was literally the only woman. So when Ashley came up with this idea to compile a book that had 20 women investors that all felt like they were the only woman in the room, write a chapter on their story, and how they were able to succeed and push through these limiting beliefs, I was instantly on board. And now I'm so glad that I did that. Because people reach out to me all the time. And they say thank you for your inspiration, thank you for putting your story out there. Because that inspired me to get off, you know, my couch and actually go do this. And honestly, like me, I'm a first generation immigrant, I don't come from a massive inheritance. I don't come from a construction background or a family of, you know, builders, like none of that. Right. So if I can do it, then I think anybody else can, you know, so I just feel like that. That's what that book showcases is not just for women, it's for men and women that just want you know, a little kick in the butt or just say, hey, if these women can do it, then you know, what's stopping us from doing it?
Steve Rozenberg 07:26
Do you think that some people, let's say you're a woman or you're minority, you're new at this, do you think? I'm not sure the right way to put this, but some people have a little pity party. And they try to say, Well, I can't do it because of this, or I don't have the skill set. Well, Leka worked for Nordstrom, so she knows about business. That's why she's successful, or she just worked for whatever reason she's in Seattle, and it just happens to be a good market. And so she's riding the wave, like, what would you say to people that are trying to come up with a reason why you did it? And the reason why they can't do it?
Leka Devatha 08:00
Yeah, you know, I, I don't blame these people. Because I used to be that person. Like, when I was trying to transition from fashion to real estate, I'm not gonna lie, there was so many questions. And so many times I just gave up. Even after I started investing in real estate, I was like, This is so hard, it's so difficult to find a deal, then you find a deal. And it's so difficult to find a builder, you find a builder. And then for some reason, the market has softened, and you can't sell your flip, like whatever it is, like there's so many obstacles, right? But what I say is like, the biggest differentiator from what I can see is that people are just not willing to, like keep their eye on the prize, the bigger picture, the ultimate outcome, because when you can see that ultimate outcome, you're gonna take every hurdle and crush it. And if you are not able to do that, yes, you are going to be not as successful, or you're not going to be even able to get off and get started. The other thing is that really, from what, from what I've seen is, my network comes to my rescue all the time. So it's huge. So if you're sitting in a house or a room and saying, well, I just, you know, heard this person on a podcast, or I just read this book and good for them, and they were able to do it, but my situation is different. Go out there and meet your network, you know, come meet me, and I'll tell you that it was just as hard and it's still very hard. And you know, but the thing is, you get one small success, and then you can go back to it and say, Wow, if I could do that, then I can, you know, there's more along the way. So it's really all up to you and just going out and talking to other people that have that that vision.
Steve Rozenberg 09:53
Yeah, I think you know, I think that's a great point. Because, you know, there's a lot of you know, there's a lot of saying and anecdotes so that you know, you don't get, you don't get business doesn't get easier, you get better, right. And if you want to be if you want to become a black belt, you don't hang around other white belts. And so when you think about that, if you want to be successful, every single person that you and I know, has all had failures. The one thing that's common is they didn't let those failures define them. And they didn't let those failures stop them from reaching their goal. They said, You know what, yep, it sucks. I hate that it happened to me, I lost money, I lost time, whatever the case may be, but you know, what, I'm gonna get back up, and I'm gonna keep going, and the ones that are successful, you know, you see that pattern? Um, now, let me ask you this, you started, you know, from knowing nothing. And you had to learn how to communicate in this new language, we'll say, of investing. And then you also had to learn the skill set of learning how to flip wholesale, all that stuff. Which one do you think is more important? The skill set of communicating, or the skill set of knowing how to do it?
Leka Devatha 11:04
No one knows how to do it. Everyone has to start, right, everyone has to start from scratch and learning from something. So I think communication is key. And then, you know, just integrity is another key, when you say you're going to show up and buy a deal, like, go show up and buy a deal. Close, close, you know, don't keep the self doubt. You know, there's all of that, just keep that aside, and have a little bit of faith. And, you know, and find good people to work with, and jump in. So I think, initially, like all I did, all I had was my networking skills and my communication skills. So and once you have those, then you can show up to your job site every day, you can talk to other people that are doing better than yourself. And then you can learn and you can educate yourself. That's the easy part.
Steve Rozenberg 11:59
I agree. I think it's an and not an or you learn how to do both. And you know what, it may suck and you don't, you may have to spend late nights and weekends and things like that. And you may have to give up things to get what you want to achieve. And I think that's just what we have to do. If we want to be successful. There's no easy road, there's no easy path. Now, let me ask you right now, what are you currently doing? And what are you looking for? Are you looking for cash flow deals, appreciation, tell me what you are looking to accomplish.
Leka Devatha 12:30
So I invest in my backyard, which is in the greater Seattle area. And I mean, everybody knows this is a pretty hot market, it's really difficult to find deals that both appreciate and produce cashflow. So my biggest challenge is to find something where I can actually achieve both. So I'm constantly looking for deals where I can actually add equity in terms of adding more units or finding a distressed property and fixing it up. But my ultimate goal is to have that cash flow, but also buy in really good appreciating markets. So I'm constantly looking for those deals and working on to multifamily buildings that you know, would do both, essentially. And I'm always working on a few flips. And also, like I get so much joy out of just teaching people to invest wisely. So I'm either teaching them about amassing like their rental portfolio, or finding like house hacks for them, or helping them fix and flip their first, second or third deal. So I'm always involved in a bunch of different projects.
Steve Rozenberg 13:43
Do you ever get tempted now you said you try to get appreciation and cash flow, which we know is tough, right? Especially in the Seattle market. So if I'm an investor, if someone's watching this, and they say I can't get both right now. That's that's obviously the story they tell themselves because you can if you look hard enough, and you start getting creative, like making the imprint of the property bigger, doing some other things. Um, do you ever deviate from your model and say, You know what, I'm just going to take this one because it's a deal and it's a deal in front of me right now. Or do you stick? Like, what would you advise people to do you go down a path, do you deviate? Or do you stick to that model?
Leka Devatha 14:21
Okay, so when you first get started, I say do one thing and do one thing really well, okay? If you want to be a real estate broker, go be a real estate broker, sell $20 million in real estate and get really good at it, and then move into investing. When I first started, all I wanted to do was learn to flip a house, all I want to do is flip successfully. Now I can flip a home, I can be out of the country for three or five months, come back and make 200 grand on my feet. And I've been able to do that because I spent a lot of time just dedicated to learning to flip a house. But once you have that skill set kind of honed in, then go explore. So I started exploring. I started my career in 2014. In 2017, I felt like I finally had a good footing, I knew what I was doing. So I started to explore. And I started to buy deals to flip. But then I started to look at different exit strategies, see if I can add an addition or an ADU, or like, Can I subdivide a lot. And that really, like helped me grow my business and take it to the next next step. So start with one thing, but then keep adding on to that I keep building on to those skill sets. And then I started saying, Okay, now that I can flip a house, and I can do a land subdivision, and I can add an addition, why not start building an entry point folio? And then that's what I did as I went, and I found these buildings that, you know, were severely distressed, and I could add value, and I could also cash flow.
Steve Rozenberg 16:02
So let's talk about the Seattle market. Tell me what's going on in Seattle? Give me the down and dirty from the investor's perspective of... Tell me what you're seeing what you see the future to be in, that kind of stuff.
Leka Devatha 16:15
Yes. So the Seattle market has been the number one place to live for the last few years by the US News. And our neighboring markets of Vancouver, San Francisco are super expensive. So there's more room for Seattle to grow. Now, what drives this market is tech, right? Obviously, we have some of the biggest and best tech companies here. And through COVID, we saw a 35% increase in the market, because it's every like a stock that you know, stock market, stock cable market. And so what we also see is that, just given where the mortgage rates are going, and even like just forecasting for 2021, rates are still going to stay low. Fannie Mae predicts that rates can be maybe under 3%. And with that, I think Seattle home prices will continue to grow, and sales will continue to rise. But we have a severe shortage of inventory. And with all of these tech companies still hiring, the median household incomes are much higher, they can afford homes. And that's just causing a severe, like, you know, just driving inventory. So I think more than ever, investors and builders are so important for this market right now, because we're the ones that are able to add that inventory, right, like taking something super distressed, which not everybody can fix up. An investor like me, or like, you know, some of my other colleagues, we take on these massive projects, we take everything down to the studs, and essentially build it into a brand new house, like we're adding inventory. So I just think this is a great market to be in. Because if you can find a good deal and actually make it work and make a good house out of it, then you're adding back to the community and adding more inventory where there is none.
Steve Rozenberg 18:14
What I was gonna say is not only are you doing all this, but you are and this is what's important, I think for people to understand is your money is at stake, your credit, all of your liability is out there and you're doing, investors in general are doing it at record breaking speed, compared to maybe what a developer or a government agency could do. So the fact that you're financially on the hook, you are putting your name, your credit, your time out there without getting, there's no guarantee that you're going to get a return. So and the speed that you're getting it done and it comes comes back to velocity of money and the return of your investment coming back to you. And I think that's important for people to understand that, you know, that's why investors, yeah, maybe they make a lot of money doing what they're doing. But when you factor in their time, they're putting their own credit on the line, they're putting their own money out there. What is that worth and the speed that they're helping improve a neighborhood. And that's the thing. I mean, when a hurricane comes through Houston, investors are the ones that are rebuilding the city. It's not the government. It's the investments and that's something people need to realize. Um, now let's talk about deals. Yeah, what would you say is your best buy and hold deal that you've done so far? Give me some examples I'd like to so people know like what does exist out there?
Leka Devatha 19:31
Okay, so I tell you about one of my favorite buying holes that I bought and funnily enough, I bought it this year in January. So it was part of a 1031 that I was doing. I started the process last summer, fixing up a condo that I had putting it on the market, selling it making a bunch of equity and then using that equity to buy another car.
Steve Rozenberg 19:53
Can I stop you real quick, just so can you explain just so people understand what a 1031 is and more importantly, did you buy it with that exit strategy already in mind, because I think a lot of people don't understand, like you buy it with an end, and a lot of people get it they go, I wish I would have known that. So can you just explain what that is? And how did you structure it? Yeah.
Leka Devatha 20:14
So 1031 is just basically a really great tax deferring strategy, where you buy a building, and then when you sell a building, and you take that equity out, you go and buy another building of a like kind with that money, you use that money as a down or just to fund the entire building. But what's cool is the government doesn't tax you on that money because you've gone and spent it on a like kind of building. And then you keep upsizing your buildings, and eventually you die. And that gets inherited by your, you know, your kids, and then they don't end up paying a tax on that money. So it's, you know, it's a really smart, efficient way of not paying high capital gains taxes.
Steve Rozenberg 21:00
And the only time you'd have to pay the taxes is if you sell the property, if you keep keep rolling it, it's just tax deferred until at some point, if you sell it, that's when you do it. So it's a great, it's a great asset protection and tax saving strategy.
Leka Devatha 21:13
Yeah. So this condo that we own, was not something that we said, okay, we 1031 at one point, because we bought it well before we started our investing journey, it was actually our primary residence. So we just held on to it. It was right by Microsoft. So it's just been rented this entire time. And we were pretty happy with the rents. But then last year, we said, okay, the market is, you know, we've have so much shortage of inventory, this is a great time to sell it. And so that's when we sold it, and we made a good amount of equity on it. So we said, okay, let's 1031 this, it's, you know, we don't want to pay any kind of taxes on it. So let's just send 31 into a building. So then what happened was, I went through and started reaching out to brokers across the country. To find my next deal. I was looking at multifamily, I was looking at different asset classes. And I looked at 70 deals in a span of 45 days. And I literally learned about 70 different markets. Like when I got a deal, I went and researched everything I could about that market. Then it just so happened that my good friend James Deaner, you know about it, and I was like, You need to find me a deal. And so he put his team on it. And one of his brokers had been talking to this seller of market because there's this property that was on the market for a while, like almost a year and a half, no one bought it, and it was listed for 1.4. So finally, his team was able to get it down to 1.3 and got it under contract for me. Now, let me tell you about this building. The building is a four-plex, but it is zoned as LR3 which is commercial zoning. And you can add to the building, it currently had three storeys, but you could add another story. But what makes this building great is we severely distressed so I could fix it up and make it like super nice and raise rents instantly. But also, it's right next to Amazon and Facebook and Expedia. So it's a super nice sub market of Seattle. And it's hard to come by something like this. But the other thing too, is we did our inspections and we were able to bring the price down even further to 1.2. And that was huge, because now I had this four-plex that I could make into a five-plex and essentially raised the rents even more. So I ended up buying it in January, and in the last eight months. It has appreciated to I haven't done anything to it, and it's just appreciated to 1.6.
Steve Rozenberg 24:03
Are you serious?
Leka Devatha 24:10
Also, there's like not much inventory here and a building that you know, is zoned that way like it's just so much value to be added there. So I haven't done anything to it. I have it's just been leased out. So the renters are paying my mortgage. And I'm just working on getting permits from the city. Once I have permits and once my lease is expired, I'm going to take it down to the studs and I'm going to rebuild it to be a five unit.
Steve Rozenberg 24:36
Wow. That is a good deal. I mean, just the fact that it went up $400,000 just by doing nothing I mean that's a nice feeling right i mean that that's how you know your get your it's not going to go down right i mean those companies anywhere,
Leka Devatha 24:50
But here's the other thing on that is that I have not cash flowed like $1 since I bought it every month I've just been putting money into it. That was thousands of dollars, right? So you have to have that holding power, you know, and some kind of active income to offset that. And not everyone can do that. So be careful on what you end up buying. Because if it doesn't cash flow, you have to put in that money. And I'm okay spending $2,000 a month if my building is appreciating in the hundreds of thousands of dollars.
Steve Rozenberg 25:22
Yeah, I think that's a great point. I think, you know, sometimes I talk to people and they say, Well, I wouldn't, I won't buy a deal whatever city because they say it loses money. And I say why is it losing money, they go? Well, I'm losing $200 a month in cash flow. But it's a high appreciating area of that particular city. And I'm like, you're looking at one piece of a five piece puzzle. So you have cash flow, which is what most people think about. When you have debt paydown, meaning the tenants are paying down the debt for you. Right? You're capturing equity. As soon as you purchase the property, you're able to depreciate the property per taxes. And the biggest piece that most people don't think about is what you just said, it's the appreciation, and cash flow will never outpace appreciation in the long if you if you hold this thing for 30 years, right? If that's the plan, and you're going to pass it generational wealth down to your children, you will never outpace that cash flow. And like you said, you'll crest a million dollars soon. So when I pay 2000 a month and lose 24,000 a year to make 400,000. I think I would do that. I'll take that bet all day long. And now it's a great perspective. I think that you brought that up. I think that's a good point. Let me ask you, what are you seeing, you know, you can pull out your crystal ball? Give me a thought on 2021 in Seattle. Now, we all knowwe've seen a lot of political stuff and all this stuff going on. But what are you seeing as far as where the markets gonna go coming up?
Leka Devatha 26:49
Yeah, I mean, I think our house prices are definitely going to keep rising in the same vein we have an eviction moratorium till March 2021. And that's unfortunately been crushing landlords income, right. So there's going to be a lot of multifamily duplexes, triplexes, fourplexes, even larger multifamily coming on the market, just from landlords not being able to afford their mortgage payments, because now they're essentially having to pay that because their renters are not required to pay that. So there's gonna be a lot of deals to be had. So I would say just stay liquid. And watch out for these deals. And maybe you can help these landlords by taking an off of their bank balance, you know, but also, the Seattle market is incredible. There's just been so much growth, and this market continues to grow. Like I said, our stock prices are off the charts. We have Amazon, Microsoft, Facebook, Google, big offices all over here. So and these companies just continue to keep building here and attracting more jobs. And given how people just I think are moving to the suburbs and working from homes. People are going to need more single family homes.
Steve Rozenberg 28:16
Yeah. So you see, do you see multifamily taking a bit of a hit meaning like people are going I'm tired of being in this two bedroom apartment because now we're all working from home and I need a house or are you seeing that as an issue?
Leka Devatha 28:28
Um, not so much. I think the condo market is taking a bigger hit. Okay. Unfortunately for our condo builders, they overbuilt. First of all, they overbuilt about two, three years ago, like if you saw the Seattle downtown, you would see cranes everywhere. There were condo buildings coming up, you know, off the wazoo, but because of all that condo construction, I just feel like that market has died. And now through COVID. Nobody wants to live in a condo and share like elevators, spaces, lobbies or an area spaces. So I think multifamily is still okay, if it's smaller, like smaller units, but the condos I think are what's suffering right now.
Steve Rozenberg 29:12
Yeah. And I guess when you're looking at multifamily, maybe the demographic and the price point is stuff that people couldn't buy a house in Seattle, but a condo somebody could look at that they're choosing to live in downtown Seattle, they may say, You know what? I'd rather own a house and I'll take that and maybe it's price neutral for that. So I can I can see that. You know, air conditioning systems and all the like, Let me let me ask you Leka. What are you seeing as, like, if you were to say like, Hey, this is an opportunity coming up like this is what's really where I would if it were me, and I was looking, if I asked you, hey, where should I go and put my money and do? Where do you think that is in Seattle?
Leka Devatha 29:53
The suburbs in Seattle are growing incredibly because everybody can now work from home. We're such a tech heavy market and all the tech companies have said, don't come back, don't come back, stay at home for as long as you want, you know, work from home, even when everything opens up, you have the option of working from home. So that's taking away from the downtown markets and moving into the suburban markets, right. So we can see that there's already a huge rise in the suburbs of Seattle, like our King County that are so Hamish County, Pierce County is just rising. And I think that's those are really good markets to start investing in. You know, and especially now people can take advantage of these low rates to also build out their rental portfolios, and move into these tier two, tier three neighborhoods. So I think if, you know, if I would give you any advice, it's like, go invest in these sub markets.
Steve Rozenberg 30:57
Yeah, and definitely, as you said earlier, which I completely agree is, you know, surround yourself with, with people that are doing that, and ask them what they're doing. And I completely, I backed out 100%, because if I want to learn a new trade, or a new type of investing, I start becoming the best student possible to learn that because I don't know it. And I want I don't want to act like I know, and I want to learn from the people. And that's, you know, being in these networking groups is so, so important. And I mean, you know, look at, I mean, just the people that you and I know, in the industry, and how successful they all are. And what's funny is, is the people that you and I know are sick, almost not all of them, but a lot of them are successful in their own special divisions of what they do, all different stuff. And we all have common traits and common trends that we do. But we're all specialists in different arenas, which is very interesting, how that goes. So that that's, I'm glad we got Yeah, I'm glad we got to talk about Seattle. And I mean, gosh, you are just, you are just killing it. And so proud of you, because I'm sure you're doing what you always wanted to do. And hopefully this is the the picture you had in your mind of what success look like. Because it's definitely from my perspective, it is what I would say is the definition of successful.
Leka Devatha 32:13
Thank you, Steve, thank you, I am so proud of everything that I've achieved. You know, like we said in the beginning, all those failures are worth it. Like if you can make something out of it.
Steve Rozenberg 32:26
Yeah, absolutely. Well, Leka, thank you so much for being on with me today. If if somebody wants to talk to you about Seattle, and about your meetups and everything you do, or even, you know, get a signed copy of your book, how did they find you?
Leka Devatha 32:40
Okay, so I'm on Instagram, my handle is just like Leka Devatha, my first and last name, but also find me on LinkedIn. Again, happy to chat with you about Seattle or just investing in general. If I can add a little bit of value to your investing journey. I'm happy to do that.
Steve Rozenberg 33:00
Awesome. Well, ladies and gentlemen, that is going to be our show today. Again, definitely follow Leka, she is a force to be reckoned with. She's out there everywhere. She's on bigger pockets, good friends with all the all the heavy hitter all stars out there. And I'm honored to call her my friend and so glad that we get to know each other. And if you want to know more about property management, again, this shows brought to us by Mynd Property Management. They are in over 19 investable markets nationwide. So whether it's Atlanta, North Carolina, Charlotte, Tampa, Houston, Dallas, Seattle, San Francisco, LA whatever, definitely want to give them a call, take a look at their software that manage about 8000 properties, proprietary software that'll help you basically have stability across the board. And again, in investing you will learn if you haven't already. It is not a singular sport. It is definitely a team sport. And you want to make sure that everything you're doing is aligned with your goals and your strategy. Just like Leka does, just like I do, just like all other successful investors do. So go to our website at mynd.co. On behalf of Leka, myself and Mynd Property Management. Thank you all for watching and we will catch you next week. Bye bye.
Leka Devatha is a Real Estate Broker & Investor, a listing expert and redevelopment consultant with experience in fix and flip. She’s a passive income specialist and investor with thousands of successful deals behind her. Her superpower is connecting people and for that reason, she co-hosts the 'Real Estate At Work' monthly meetup in the Greater Seattle Area.