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.