meta_pixel
Tapesearch Logo
Log in
BiggerPockets Real Estate Podcast

207: How to Achieve Greater Success by Doing Less with Devin Elder

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 29 December 2016

⏱️ 62 minutes

🧾️ Download transcript

Summary

Real estate investors wear a lot of hats, especially in the beginning: contractor, bookkeeper, receptionist, and more. But if you truly want to grow your business, you must do LESS. At least, that’s the message you’ll hear today on The BiggerPockets Podcast, where Josh and Brandon sit down with real estate investor Devin Elder about how he’s been able to scale his business by doing fewer and fewer tasks. You’ll learn how he went from a single family rental in 2012 to buying multiple properties each month. We cover the topic of BRRRR investing, fix and flipping, using private lenders, getting started with no money, and lots more. Stay tuned for this powerful episode! In This Episode We Cover: How Devin got started into real estate How he got a mentor to help him get his first deal What exactly equity capture is Why the BRRRR strategy is so nice Thoughts on his market, San Antonio Devin’s main focus as a real estate investor How his business works The importance of creating systems and not doing things you don’t enjoy Why you shouldn’t reinvent the wheel How he decides if he flips, holds, or wholesales a property How he finds his deals How to figure out if someone is fudging the numbers The mechanics of his marketing The story of a deal that went wrong What makes him proud about how he does business The name that comes to mind if he heard the word “inspiration“ What the future looks like for Devin And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar BiggerPockets Podcast Buildium Investor Carrot Tim Ferriss’ Podcast Books Mentioned in this Show The Book on Rental Property Investing by Brandon Turner The Book on Flipping Houses by J. Scott Investing with No or Low Money Down by Brandon Turner The Book on Tax Strategies by Amanda Han 80/20 Sales and Marketing by Perry Marshall Rich Dad Poor Dad by Robert Kiyosaki The Millionaire Real Estate Investor by Gary Keller Elon Musk by Ashlee Vance Tweetable Topics: “Rental income wasn’t making me wealthy, but it was paying my bills.” (Tweet This!) “It’s about creating systems, getting software, and not spending time on activities that you don’t enjoy.” (Tweet This!) “Nothing happens without some revenue.” (Tweet This!) “Use your hustle to create some kind of value and then from there take the next best step.” (Tweet This!) Connect with Devin Devin’s BiggerPockets Profile Devin’s Website Devin’s Company Website – We buy houses San Antonio Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This is the Bigger Pockets Podcast Show 2007.

0:05.0

What do I really want?

0:06.0

If I could do anything in the world, what do I really want to do?

0:09.0

And it always came back to,

0:10.0

I want to build this business to a level that I couldn't even imagine two years ago.

0:14.4

You're listening to Bigger Pockets Radio, simplifying real estate for investors large and

0:20.4

small. If you're here looking to learn about real estate investing without all the

0:24.7

height, you're in the right place. Stay tuned and be sure to join the millions of others who have

0:30.5

benefited from bigger pocketsPockets.com.

0:33.0

Your home for real estate investing online.

0:36.0

What's going on everybody?

0:37.0

This is Josh Dorkin.

0:38.0

House to the BiggerPockets Podcast here with my co-host,

0:42.0

Mr Brandon Turner. What's going on man? Happy soon to be

0:45.8

New Year to you. Happy soon to be New Year. Do you notice the energy we had a

0:50.8

little bit better energy in today's show? you know why? I don't know why.

0:54.4

Because I'm standing up look at this I ain't no like yeah every week I'm like

0:58.2

sitting down on these things I just noticed you know that disgusting beard of yours and it's distracting.

1:04.8

You said it wrong.

1:06.0

It's amazing beard of mine, a sexy beard of mine.

1:09.5

Something like that.

1:10.8

You've got a wrong word.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.