Multifamily Podcast Network

This episode with Devin Elder is a must-listen if you are looking to start raising money, working with partners, or are looking to get into larger deals! Devin explains the business in a very simple and straightforward way and shares what he has learned over his years of experience in the real estate industry. This is a great episode whether or not you’re currently working on larger deals… we talk about concepts that apply to every level of investing such as investing out of state, how to choose the right partners/vendors, and the difference between raising debt and equity. You won’t want to miss this episode!


Devin Elder is a principal in 2,000+ units of multifamily properties. He is the Principal of DJE Texas Management Group which acquires, redevelops, and manages single-family and multifamily investments in San Antonio, Texas. 


Show Notes:


3:30 Devin shares his background in music and how he shifted his focus to real estate after working in the corporate world. 

8:26 We discuss Devin’s first real estate and how he 10x’ed the process. 

14:45 Devin talks about how small investors can get into multifamily deals. 

19:49 We discuss the changes of working at a higher, larger-scale level. Also, we talk about how finding larger 100+ unit deals can be easier since most are through brokers. 

26:57 Devin shares tips to scale quickly and take on larger deals. 

31:50 We summarize the steps you need to take before talking to brokers. 

35:13 We discuss the differences between equity structuring and private money. We also talk about who to raise capital from and why it is important.

42:04 Devin shares why working with partners is beneficial and how to find partners.

47:25 We discuss Devin’s biggest business-related failure. 

52:28 Devin shares what he would do differently if he was starting his business again. 



CONNECT WITH AXEL

https://www.instagram.com/multifamilywealth/?hl=en
https://www.linkedin.com/in/axelragnarsson/
Download my investor toolkit (cash flow calculator, investor pitch deck, scope of work template, and renovation checklist) here.

CONNECT WITH DEVIN

https://www.linkedin.com/in/devinelder/
https://djetexas.com/



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