CTW 038: Devin Elder - The Perfect Balance of Education and Action in Real Estate Investing

Jun 25, 2018

Devin Elder is a San Antonio, Texas, native & Real Estate Entrepreneur. After graduating with a Bachelor in Business Administration from the University of Texas at San Antonio, he worked for Rackspace, Acelity, and a handful of other small tech companies in Sales, Management, and Operations roles before founding DJE Texas Management Group and transitioning full time to Real Estate entrepreneurship. Today, Devin Elder is a principal in a number of Real Estate investment companies and owns a portfolio of over 600 units of multifamily investment properties. When he’s not working on a Real Estate related project, Mr. Elder can be found golfing, playing guitar, playing with his three kids, and enjoying family time.

Some of the topics discussed:

• Devin’s background and the advantages in the San Antonio market
• His tactics when he initially started focusing on real estate
• How he built the confidence to dive into bigger, multifamily projects
• Why he invested in a lesser property, the upgrades made and his expected return
• What an equity multiple is
• What he looks for when investing in a property
• The importance of a property having a value-add attached to it
• What he sees as the future of real estate investing in San Antonio
• How he structures deal with investors
• Advice to take your multifamily real estate investing to the next level
• The best business advice he’s ever received
• Where he sees his business in the next 10 years

Resources Mentioned:

• Rich Dad Poor Dad
• 4-Hour Work Week
• Google Docs
• Podcasts
• The Go-Giver

Connect with Devin at djetexas.com

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