{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"TGCI 214: Immigrated 14 years ago and setting up a successful flipping business in Seattle, WA!","description":"In today\u2019s show, Pancham interviews Leka Devatha - real estate developer, broker, and president of Rehabit Homes, Inc. Leka knew she wanted to be her own boss, and she immediately recognized that real estate investing is the best way to get started! Today, she has hundreds of transactions, has developed about $100 million in real estate, and is giving back to the community by teaching that there are other ways to create wealth. She is ready to help you break out of Wall Street investments as she reveals her 8 years of investing experience, the investor mindset, and more! She\u2019ll also talk about the struggles with her 1st house flip, diversifying her rental portfolio, and building her networks and community. Listen and enjoy the show! &amp;nbsp; Quote: \u201cI am so ready to demolish some orthodox ways of thinking and really help people understand that there's multiple ways to create wealth.\u201d Timestamped Shownotes:  0:39 - Pancham introduces Leka to the show 2:15 - On starting her entrepreneurial path through house-flipping 6:53 - Building networks and learning about investing one step at a time 8:50 - Why getting started with house flipping is her best decision ever (even if she was at a net loss!) 13:27 - Scaling up her house-flipping business and her investments 15:07 - On focusing on buying, stabilizing, and holding properties 17:00 - The importance of establishing mutually beneficial connections 23:20 - Creating passive income as her most uncomfortable goal 24:13 - The morning routine that helped her be more productive 27:10 - Taking the Leap Round 27:10 - Her craft baking business as her first investment 27:56 - On having no fears when she first started her business 28:26 - How she got her biggest loss in real estate house flipping 29:58 - Why you should take massive actions and get practical experience 31:34 - How you can connect with Leka  3 Key Points:  Building your network is essential for success as a real estate investor since it would help you gain investing opportunities and provide value. It is normal to fail and lose money in your first few deals because it will be a learning experience and you will be able to assess and analyze deals better. Find mutually beneficial partnerships where people are actively investing and provide value-add to their deals.&amp;nbsp;  Get in Touch:  Rehabit Homes Website - https:\/\/www.rehabithomes.com\/ Leka Devatha Instagram - https:\/\/www.instagram.com\/leka_devatha\/ Leka Devatha LinkedIn - https:\/\/www.linkedin.com\/in\/leka-devatha-5616bb185\/ The Gold Collar Investor Club - https:\/\/thegoldcollarinvestor.com\/club\/ Pancham Gupta Email - p@thegoldcollarinvestor.com  ","author_name":"The Gold Collar Investor","author_url":"http:\/\/www.TheGoldCollarInvestor.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/25058334\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/140751243"}