Passive Income Through Multifamily Real Estate

Episode #150: Business Plan Execution with Devin Elder

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Sinopse

Executing your business plan is not always easy as many variables can derail your initial course of action. Today’s guest, Devin Elder, knows the importance of sticking to your guns and has seen firsthand the benefits of persevering with a tried and tested investment thesis. In this episode, Devin sheds light on his company, DJE’s business plan, their desired ROI on money spent on interiors, and the asset classes they invest in. While doing heavy value-adds may not appeal to all operators, for Devin, it’s a chance to be creative. We also touch on systems and how software has helped the businesses streamline their processes for optimal efficiency. Along with this, Devin shares some wise words as well as a look at what his asset management superpower is. Tune in today!Key Points From This Episode:Hear about Devin’s background, where he’s based, and his current investment focus.Devin’s most frequently implemented business plan for apartment purchases.Why dealing with people is the most challenging part of execut