The Stages of Real Estate Investing (Beginner → Millionaire) | Bigger Pockets Video
Episode #1154
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Within 10 years, today’s guest went from zero experience in real estate investing to millionaire through investment properties. Now, she’s reverse-engineering her path, showing you how to do it faster, even if you’re just getting started on your first deal. Almost every (successful) real estate investor goes through a few crucial “stages.” Today, we’re breaking them down so YOU know where you stand.
First: Do you know how a mortgage works? If so, you’re already further ahead than Leka Devatha was a decade ago. She was not only an immigrant to the United States, but also had extremely basic financial knowledge, far from what a “real estate investor” should possess. However, even starting from zero, Leka was able to scale not only quickly but efficiently. A decade later, she’s one of the leading voices in real estate investing, with a financially freeing rental portfolio and fun projects that make her massive six-figure profits.
We’ll detail the different investing stages, from complete real estate rookie to expert investor, plus show you how to get the funding for your first or next deal, how to buy back your time, and make more money while having fewer properties (it’s very possible).
0:00 Intro
1:22 1. Complete Rookie (No Experience)
3:03 Prepare for This
7:34 2. New Investor (First Deal)
11:33 Sponsor: Worthy Wealth!
12:17 3. Scaling (Multiple Deals/Year)
14:33 Raising Money to Scale (Faster!)
20:36 Buying Back Your Time
26:05 4. Intentional Investor (Make More, Buy Less!)
29:16 Best Advice for Beginners
