Tips for Gaining Traction in Real Estate with Devin Elder, Ep. 586
Devin Elder, the sole owner of DJE Texas Management Group LLC, oversees the acquisition, repositioning, and disposition of diverse real estate projects in Central Texas. With a track record of over 200 successful renovations, ranging from $10k to $3M+, DJE has never incurred investor capital losses. As of February 2024, DJE Properties, the in-house property management firm, oversees a multifamily portfolio of 2,147 units in San Antonio. Before venturing into real estate, Devin earned a Bachelor of Business Administration from the University of Texas at San Antonio and enjoyed a successful corporate career at Rackspace and 3M. In addition to his real estate endeavors, Devin is the host of The DJE Podcast and co-founder of ApartmentEducators.com. He founded The DJE Foundation in 2020, supporting various charitable causes. As the Co-Founder of Accelerated Commercial Real Estate and a member of a private CEO advisory board, Mr. Elder maintains a robust network of professionals contributing to the ongoing success and growth of DJE. In this episode, we talked to Devin about challenges in the transition to multifamily investing from single-family, how his portfolio looks like today, his approach on focus, and what to focus, the DJE income fund, and much more. Announcement: You can join the Apartment Investing Mastermind here. Multifamily Investment; 02:34 Devin's background; 04:43 Challenges in the transition to multifamily investing; 15:18 How Devin's portfolio looks like today; 28:22 His approach on what to focus; 30:26 The DJE income fund; 34:28 Round of insights Announcement: Don’t miss the Best Ever Conference this year on April 10th to 12th. Use my code CASMON15 for 15% off! Round of Insights Apparent Failure: Losing his job before his entrepreneurship endeavors. Digital Resource: AppFolio Most Recommended Book: Who Not How Daily Habit: Waking up early and working out. #1 Insight for multifamily investing: Never stop educating yourself. Best Place to Grab a Bite in San Antonio, TX: Pinkerton’s Barbecue. Contact Devin: https://djetexas.com/ Make sure you listen to the previous episode Devin joined "Ep. 226: Creating an Integrated Multifamily Business with Devin Elder". Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.