I had the pleasure of speaking with real estate entrepreneur, and the founder and principal of DJE Texas Management Group, Devin Elder.
Let's jump into Devin's story and get expert advice on how you can switch from single-family to multifamily real estate.
[00:01 – 03:23] Opening Segment
[03:24 – 10:11] From Flipping Houses to Apartment Buildings
[10:12 – 18:48] Devin's Missteps
[18:49 – 24:53] Scaling His Multifamily Portfolio
[24:54 – 30:15] Closing Segment
Tweetable Quotes:
"My default assumption is, somebody's gonna try to steal from me. Somebody's gonna not pay rent. Somebody's gonna quit on-site. And when those things happen you go, ‘Yup, I expected that. It's figuring out how to put in a plan that can deal with all those things’." – Devin Elder
"I think that's important for passive investors to understand: there's a lot of dollars in this business. Pro and Con, right? There's a lot of money to be made, but guess what? There's a lot of money to be spent and a lot of operating capital to float too." – Devin Elder
"Anything that man can conceive and believe, he can achieve." – Devin Elder
You can connect with Devin on LinkedIn. Visit his website https://www.devinelder.com/. Check out DJE Texas Management Group’s website for more information on real estate investment opportunities. Listen to his podcast, The DJE Podcast.
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If you are interested in getting into multifamily or scaling your current business, hop over to our website myersmethod.com to grab your free four-step guide on how to get the ball rolling!
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