In this episode, Devon Elder, a real estate investor based in San Antonio, Texas. Devon shares his journey from corporate life to real estate, starting with a small house purchase in 2012 and growing his portfolio to over 2,450 apartment units and large land holdings. The discussion covers various aspects of real estate investing, including land acquisition, apartment complexes, Flex industrial properties, financing strategies, and the benefits of owner financing. Devon emphasizes the importance of systems, long-term goals, and maintaining a balanced lifestyle while scaling a real estate business.
[0:00 - 1:22] Introduction and Devon's Background
Devon Elder, who shares his start in real estate in San Antonio and his impressive portfolio growth.
[1:22 - 4:50] Love for Land and Outdoor Lifestyle
Devon discusses his passion for land, sharing experiences like hunting on his properties and the unique benefits of owning large tracts.
[7:03 - 9:26] Investing in Apartments and Flex Industrial
The conversation shifts to Devon's multifamily and Flex industrial investments, highlighting the advantages of commercial tenants.
[20:56 - 22:54] The Power of Owner Financing and Note Stacking
Devon explains how owner financing and stacking notes have become a key strategy for long-term growth and cash flow.
[33:34 - 36:05] Effective Capital Raising Strategies
He shares insights on building a strong investor base, leveraging newsletters, and maintaining consistent communication to raise capital effectively.
Learn More
www.nytfire.com
Text 📱 210-972-1842
--- Support this podcast: https://podcasters.spotify.com/pod/show/nytfire/support