Escaping A Great Engineering Career Through Multifamily Apartment Syndications with Deepa Akula

Deepa is a full-time real estate investor and multifamily syndicator in Seattle, WA. She serves as a General Partner for 1400 units and a Limited Partner for 1800 units across TX, AZ, and FL. Deepa holds a Master’s in Mechanical and Aerospace Engineering and is a licensed Professional Civil/Structural Engineer. She previously held the position of Head of Engineering for a utility pole manufacturer. Her passion lies in generating excellent returns for her investors, promoting financial literacy, and advocating for it. Deepa is also a published author.Get 3 Free PDFs for Wholesaling SFR/Mobile Homes and learn How to Make $100,000 a Year on the Side of Your Full-Time Job by visiting: https://ericlindseyml.com/Click on this link to get our Free E-Book "An Introduction Into Apartment Syndication Book:" https://moonlightcre.com/ebook_download/Website: http://Ericlindseyml.comClick on the link below to schedule a call with Eric: https://calendly.com/moonlightequitiesgroup/scheduled-conversationDuring this episode, you will learn about:[01:51] A bit about Deepa and how she started in real estate[04:48] What inspired Deepa to enter the multifamily space and start bigger[06:27] How Deepa managed syndication deals while maintaining a W2 job[10:57] Deepa's initial deal after transitioning to becoming an LP[16:12] Underwriting techniques that Deepa employs to pre-qualify deals[21:53] Something Deepa wishes she had known before embarking on her real estate journey[22:56] How Deepa effectively balanced her life and business while in a W2 job[24:57] The duration it took Deepa to complete her first syndication deal as an LP[26:03] How Deepa presently balances her personal life and business[28:26] Starting a successful syndication with limited time[29:32] What to do if you have little cash and experience to become an active syndicator[30:12] The best ways to connect with limited partners and active syndicators[34:30] A personal development book recommended by Deepa for Moonlight listeners[35:42] How to reach out and connect with DeepaNotable Quotes:"Syndications are passive and scalable.""Wherever you start, that’s where you benchmark yourself; if you start bigger, that’s where your starting point is, and you go higher from there.""If you know what you want to do, go out there and surround yourself with like-minded people and start investing today.""You need to know your goals; once you know why you want to start a side hustle, filter everything that comes to you as an opportunity through those lenses.""If you want to do something and don't assign time, it never gets done."