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Lifetime Cash Flow Through Real Estate Investing

Ep #203 - Devin Elder has Acquired 350+ Multifamily Units worth $25MM+

Lifetime Cash Flow Through Real Estate Investing

Rod Khleif

Passive, Estate, Family, Business, Management, Income, Multifamily, Apartment, Education, Multi, Property, Commercial, Real, Investing, Investor

4.81.4K Ratings

🗓️ 12 February 2018

⏱️ 30 minutes

🧾️ Download transcript

Summary

Here's some of what you will learn:

  • The importance of having mentors and other experienced people on your team.
  • The importance of educating yourself in the multifamily business to get started.
  • The benefits of developing long-term relationships for access to the best deals.
  • The importance of networking to become a problem solver and be a part of other deals.
  • The benefits of gaining experience in multiple areas of the business to be able to make better decisions.
  • The importance of responding to broker deals in the proper way to show knowledge in the business.
  • The importance of refurbishing units and how your cashflow can be affected.
  • The difference between Physical occupancy vs Economic occupancy.
  • The importance of reading and educating yourself on both the business and your mindset.
  • The importance of making the decision to commit and move forward in the business.
  • The reasons why real estate is one of the best investments possible.
  • The importance of choosing a proper mentor or bring people on your team to help with deficiencies.
  • The importance of getting uncomfortable and push through limiting beliefs.
  • The importance of making a decision to work hard on your goals and narrowing your focus for success.
  • Tips on how to take action and advice on where to start.
  • The importance of education before action, but avoid education without action.
  • The benefits of using resources like masterminds to shorten the learning curve in the business.

About our Guest:

Devin Elder can be reached at:

www.DJEtexas.com

Want to build Lifetime Cash Flow from Multifamily Properties?

If you’re committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business! - if you'd like to receive information about our program, text CRUSH to 41411 now.

Recommended Resource

  • Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link:

    http://www.meetme.so/RodKhleif2

Review and Subscribe

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome. This is the Lifetime Cash Flow through Real Estate Investing Podcast.

0:06.0

This is where you learn strategies to help you achieve lifetime financial freedom through real estate investment.

0:12.0

Your host Rod Cleef has owned over 2,000 homes in apartments.

0:17.0

And he brings experts in all aspects of real estate investment and management onto the show.

0:22.0

Now, here's your host. investment and management onto the show.

0:23.0

Now, here's your host, Rod Cleese.

0:27.0

Hey, if you're not in the closed multifamily group and you're interested in this business, you're making a big mistake.

0:35.3

People are connecting and learning all over the country.

0:38.2

Already almost 7,000 people in there.

0:40.6

Just go to multifamily community.com and it's a direct link to that closed group and just sign up to join and we'll admit you and start taking advantage of that incredible free resource.

0:50.0

I also wanted to remind you that my three dayday live boot camp in LA is April 6, 7th, and 8th.

0:56.0

And that's the event I'm going to teach you everything you need to know to buy your first apartment building in 90 days.

1:01.0

And the discounted early pricing is almost over over so don't wait if you're

1:04.8

interested. Text the word multifamily to 414-1 and we'll send you the

1:09.1

information that's multifamily to 414-1-1 or just visit multifamily boot camp.

1:14.1

All right let's get to it.

1:17.2

Welcome to another edition of how to build lifetime cash flow through real estate

1:20.7

investing.

1:21.4

I'm Rod Cleef and I'm thrilled you're here. I know

1:24.1

you're going to get tremendous value from the gentleman we're interviewing

1:26.6

today. His name's Devon Elder and he's a investor in San Antonio Texas.

1:31.6

He's got quite a few irons in the fire. investor in San Antonio, Texas.

...

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