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

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

Watch on YouTube!

Do you want to learn more about Multifamily Real Estate Investing? Work with Rod in the Lifetime CashFlow Academy's Multifamily Course & Coaching Program

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