What Syndication Investors Should Expect from Sponsors with Devin Elder
Devin Elder is Founder & CEO of DJE Texas Management Group, a vertically integrated multifamily investment firm based in San Antonio, Texas. Since 2012, the firm has completed hundreds of successful investment projects including several full cycle multifamily investments. Devin is a Principal in over 3000 doors of multifamily. Devin is also a Pilot, Podcast host, and owner of a Real Estate Consulting firm, a brokerage, and the DJE Foundation, a 501(c)(3) non-profit supporting disadvantaged children in Texas and the Philippines.
[00:01 – 08:20] Opening Segment
- I talk briefly about great values that await you in this episode
- Guest Introduction and background
- Getting into real estate
- Building a property management company
[08:21 – 28:39] A Deep dive into the Syndication space
- Investor Management Systems
- Investor portals
- What passive investors should expect from syndicators
- Having a dedicated investment relations manager
- Picking a the right person to be your Investor relations manager
- Training and delegating the right person to be a part of your team
- Finding his first Virtual Assistant
[28:40 – 33:34] Closing Segment
- Quick break for our sponsors
- What is the best investment you've ever made other than your education?
- Networking
- What is the worst investment you ever made?
- Investing in a music festival and losing a hundred percent of my capital
- What is the most important lesson that you've learned in business and investing?
- Constantly look at where you want to go
- Connect with our guest. See the links below.
Tweetable Quotes:
“I continue to invest in masterminds, purely because of the positive peer pressure of being around people. You’re just gonna mimic your network.” - Devin Elder
“Proactively get in the best group you can. You want to be the dumbest poorest guy in the room if you can.” - Devin Elder
“Always look where you want to go. Keep pushing your head back and constantly look at where you want to go.” - Devin Elder
Resources:
Connect with Devin, visit https://djetexas.com/
