5 Talents Podcast - How To Build Wealth Like the 1%

The Desire For Freedom with Devin Elder - 2,000+ Units in Multifamily

October 02, 2020 Abel Pacheco Season 1 Episode 10
5 Talents Podcast - How To Build Wealth Like the 1%
The Desire For Freedom with Devin Elder - 2,000+ Units in Multifamily
Show Notes

Too many people stay in what they think is security while giving up their freedom. That’s what drove today’s guest, Devin Elder, Founder of the DJE Texas Management Group. Devin is a principal in a number of Real Estate investment companies and owns a portfolio of over 2,000 units of multifamily investment properties through syndication. He has been a featured guest on some of the world’s leading investment podcasts, Business Insider, and various television programs discussing Real Estate investing.

Let’s jump right into Devin’s story and learn how the desire for freedom pushed him to persevere and find success. 

[00:01 - 10:42] Opening Segment

  • Let’s get to know Devin
  • Devin gives us a bit of background on his story 
    • The desire for financial independence using the tool of Real Estate
    • Devin’s mentors

[10:43 - 16:11] Don’t Let the Failure Count Against You

  • Devin talks about his high-level activities at the start
  • Devin’s process getting into multifamily 

[16:12 - 23:39] The Desire For Freedom

  • Devin talks about the mindset you need to pursue freedom
  • Devin talks about the process and strategy he uses to create success 

[23:40 - 28:16] Getting Your First Deal 

  • How Devin chooses the right deal and trusted partners

[28:17 - 38:56] The Right Systems

  • Devin’s high functioning business methods 
  • The tactical systems you should use as a passive investor - the 3 themes

[38:57 - 49:18] Closing Segment

  • Devin’s driving philosophy in growing a business
  • Connect with Devin and support his other projects
    • Links below
  • Final words from Devin and Me - connect with us. 

Tweetable Quotes:

“I think any success that I’ve had is just an ability to persevere.” - Devin Elder.

“Anything publicly that you see that is a success, there is an equivalent challenge that you don’t hear on the other side of it that you probably don’t hear about.” - Devin Elder.

“I’m willing to completely give up security in order to pursue freedom.” - Devin Elder. 



Connect with Devin on LinkedIn, @DevinElder. Visit https://djetexas.com/ to learn more. 

Guest Email:  hello@devinelder.com 

Connect with me:





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