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E264 Devin Elder - Reading the Current Macro Environment for Effective Investing Action with Real Estate Expert
The aggregation of marginal gains, which mirrors our guest’s core value––making even the smallest improvements every day. In this episode, Devin Elder, our second-time guest talks about how he is reading everything on the macro environment right now and what are his insights towards more effective investing.
He also shares with us his 10,000-hour rule to becoming an expert and his timeless wisdom about being in the right peer group; and starting small and iterating after failing. If you're interested in learning more about multifamily real estate and an exciting personal growth journey as an investor and business owner, tune in right away!
Key Points From this Episode
- Devin talks about the illusion of time in real estate.
Tweetables:
“I'm 44, 1 year is certain percentage of my life. Whereas when you're 20, one year is a much bigger percentage of your life..” – Devin Elder
“I get this delayed gratification and all these kind of things, but you know, what about securing sort of that win now? Or what about enjoying life now? But, you know, I think you can do both.” – Tyler Chesser
“Instead of saying, I can't afford that. And just shutting down all the powers of your brain, you say, how can I afford that?” – Devin Elder
“You've gotta plug yourself in with a peer group that understands exactly what you're going through. And I would put that honestly as the number one thing that's helped me succeed.” – Devin Elder
"And that's what change is. It's scary. And it's gonna push you outta your comfort zone .” – Devin Elder
Links Mentioned:
Invest with CF Capital
DJE Texas' Website
About Devin Elder
Devin Elder is sole owner of DJE Texas Management Group LLC (DJE), which manages all aspects of acquisition, repositioning, and disposition of single family, land, development, and multifamily projects in Central Texas. DJE has successfully completed over 200 Real Estate renovation projects, with renovation budgets ranging from $10k to $3M+. Devin has been a Principal in over 5,000 units of multifamily. No investor capital has ever been lost on any DJE project.
The DJE multifamily portfolio is managed by DJE Properties LLC, the company’s in-house property management firm. As of November 2021, DJE Properties manages 2,125 doors with an average occupancy of 95%.
---------------
Are you a real estate investor looking to elevate your income, freedom & lifestyle? If so, optimize your daily performance by downloading our free guide, Raising the Bar - 5 Steps to Elevate Your Habits, at elevatepod.com.
In this guide, created by your host Tyler Chesser, you’ll learn why you do what you do, how to easily institute cues in your environment to trigger desired behavior, directly applicable steps to create a fulfilling future and much more. Get your free copy at elevatepod.com and kick-start your new habits today. Your future self will thank you!
This episode of Elevate is brought to you by CF Capital, a national real estate investment firm. CF Capital’s mission is to provide property investment and asset management solutions to help investors like you maximize their returns by investing in high-value multifamily communities.
If you are looking for risk-adjusted alternative investments in quality apartment communities, and are seeking tax optimized cash flow with appreciation upside without all the hassle of management, you might benefit from learning more about investing alongside our team. You’re invited to reach out and learn how you can invest with us by visiting cfcapllc.com.
We’re also currently offering a free ebook called The Bottom Line - 10 Ways to Increase Cash Flow in an Apartment Complex. Whether you’re a new or an experienced investor, we’re confident you’ll find massive value in this resource. Get your free copy today at cfcapllc.com.
View all episodes
By Tyler Chesser
5
196196 ratings
The aggregation of marginal gains, which mirrors our guest’s core value––making even the smallest improvements every day. In this episode, Devin Elder, our second-time guest talks about how he is reading everything on the macro environment right now and what are his insights towards more effective investing.
He also shares with us his 10,000-hour rule to becoming an expert and his timeless wisdom about being in the right peer group; and starting small and iterating after failing. If you're interested in learning more about multifamily real estate and an exciting personal growth journey as an investor and business owner, tune in right away!
Key Points From this Episode
- Devin talks about the illusion of time in real estate.
Tweetables:
“I'm 44, 1 year is certain percentage of my life. Whereas when you're 20, one year is a much bigger percentage of your life..” – Devin Elder
“I get this delayed gratification and all these kind of things, but you know, what about securing sort of that win now? Or what about enjoying life now? But, you know, I think you can do both.” – Tyler Chesser
“Instead of saying, I can't afford that. And just shutting down all the powers of your brain, you say, how can I afford that?” – Devin Elder
“You've gotta plug yourself in with a peer group that understands exactly what you're going through. And I would put that honestly as the number one thing that's helped me succeed.” – Devin Elder
"And that's what change is. It's scary. And it's gonna push you outta your comfort zone .” – Devin Elder
Links Mentioned:
Invest with CF Capital
DJE Texas' Website
About Devin Elder
Devin Elder is sole owner of DJE Texas Management Group LLC (DJE), which manages all aspects of acquisition, repositioning, and disposition of single family, land, development, and multifamily projects in Central Texas. DJE has successfully completed over 200 Real Estate renovation projects, with renovation budgets ranging from $10k to $3M+. Devin has been a Principal in over 5,000 units of multifamily. No investor capital has ever been lost on any DJE project.
The DJE multifamily portfolio is managed by DJE Properties LLC, the company’s in-house property management firm. As of November 2021, DJE Properties manages 2,125 doors with an average occupancy of 95%.
---------------
Are you a real estate investor looking to elevate your income, freedom & lifestyle? If so, optimize your daily performance by downloading our free guide, Raising the Bar - 5 Steps to Elevate Your Habits, at elevatepod.com.
In this guide, created by your host Tyler Chesser, you’ll learn why you do what you do, how to easily institute cues in your environment to trigger desired behavior, directly applicable steps to create a fulfilling future and much more. Get your free copy at elevatepod.com and kick-start your new habits today. Your future self will thank you!
This episode of Elevate is brought to you by CF Capital, a national real estate investment firm. CF Capital’s mission is to provide property investment and asset management solutions to help investors like you maximize their returns by investing in high-value multifamily communities.
If you are looking for risk-adjusted alternative investments in quality apartment communities, and are seeking tax optimized cash flow with appreciation upside without all the hassle of management, you might benefit from learning more about investing alongside our team. You’re invited to reach out and learn how you can invest with us by visiting cfcapllc.com.
We’re also currently offering a free ebook called The Bottom Line - 10 Ways to Increase Cash Flow in an Apartment Complex. Whether you’re a new or an experienced investor, we’re confident you’ll find massive value in this resource. Get your free copy today at cfcapllc.com.