Derek Clifford is a successful single and multifamily real estate investor, adding 13 out-of-state units to his portfolio in his first year of acquisitions while working a full-time corporate job. Today he is a multifamily investor controlling 250+ apartment units with over $20M AUM (and climbing).

He is a passionate educator and partner in cash-flowing real estate and has a goal of helping 2000 married W-2 corporate couples unlock multiple degrees of freedom and eventually enabling them to leave their full time work situation to do what they REALLY love with their time and resources. He also loves to give back his knowledge and has a passion for breaking down complex ideas into easy to explain topics. He's helped many people start, maintain, and grow their portfolios to achieve their own financial independence.

Welcome to another episode of the Creative Capital Podcast. In this highly motivational yet educational episode, I speak with my guest, Derek Clifford about the importance of investing in your marriage, having open communication with your partner, and setting systems and processes for your business. Listen in!

[00:01 -14:04] Introducing Derek to the Episode

• An overview of the episode
• I welcome Derek Clifford to the show
• Derek talks about his background
• • How they stumbled upon real estate by accident
  • Their real estate journey

[14:05 - 37:14] Financial Talk with Your Spouse

• Listening as the key to get your spouse on board
• Importance of choosing the right moment
• It takes time time, money, and commitment
• Learn together and ask each other questions
• Knowing each other’s strengths and weaknesses
• Getting help in the form of a mentor or a coach
• • Importance to have someone working on your mindset with you
  • Importance of getting your own mind in shape

[37:15 - 48:38] Keeping Family First In Between All Responsibilities

• How a day in the life looks like for Derek
• Spending time with family vs. working
• Being focused and intentional on the things that you want to do
• Having systems and processes in place

[48:39 - 56:05] Importance of Setting Up Systems and Processes

• Recognize the patterns and create a process
• Keeping things simple
• Importance of delegation
• • Record yourself of going through the process
  • Making it repeatable and scalable
  • Having documentation

[56:06 - 1:11:59] Closing Segment

• Pod Deck Segment
• • Derek’s top 3 must-haves
  • A time when someone betrayed his trust
• Core Four
• • Derek’s favorite real estate book
  • Derek’s unique skill that made him successful
  • Something true about real estate that almost nobody agrees on
  • Advice for people who want to try real estate investing

• Connect with Derek through the links below

• A summary of the episode
• Closing words

Key Quotes:

“Is that the difference between what you can accomplish and what other people way ahead of you have accomplished is processes. They've just built a process for something you're struggling with right now.” - Derek Clifford

“When you have that conversation [conversation about money/business], always remember that for every ‘I’, there should be 99 “we’s’.” - Derek Clifford

“If you really want your outside world to improve, then you've got to work on your inner world.” - Derek Clifford

You can connect with Derek LinkedIn!

You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube

You can also email me at [email protected]

For more information about Ferrari Capital visit us on our website https://www.ferraricapital.com

SUBSCRIBE to this podcast for more episodes on how to create your own future through smart and lucrative investments.

LEAVE A 5-STAR REVIEW and share this podcast with someone you know who wants to experience massive growth and success in their business.

Listen to our previous episodes here