{"id":84661,"date":"2016-12-29T00:02:23","date_gmt":"2016-12-29T07:02:23","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=84661"},"modified":"2023-04-14T01:40:17","modified_gmt":"2023-04-14T07:40:17","slug":"bp-podcast-207achieve-greater-success-devin-elder","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/bp-podcast-207achieve-greater-success-devin-elder","title":{"rendered":"How to Achieve Greater Success by Doing Less with Devin Elder"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Real estate investors wear a lot of hats, especially in the beginning: contractor, bookkeeper, receptionist, and more. But if you truly want to grow your business, you must do LESS. At least, that\u2019s the message you\u2019ll hear today on <a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\">The BiggerPockets Podcast<\/a>, where Josh and Brandon sit down with real estate investor <strong>Devin Elder<\/strong>\u00a0about how he\u2019s been able to <strong>scale his business by doing fewer and fewer tasks<\/strong>. You\u2019ll learn how he went from a single family rental in 2012 to buying multiple properties each month. We cover the topic of <a href=\"\/renewsblog\/2015\/04\/20\/how-to-100000-dollars-year-real-estate\/\" target=\"_blank\">BRRRR investing<\/a>, <a href=\"\/renewsblog\/2014\/01\/07\/flipping-houses\/\" target=\"_blank\">fix and flipping<\/a>, using <a href=\"https:\/\/www.biggerpockets.com\/blog\/find-private-money-lenders\" target=\"_blank\">private lenders<\/a>, getting started with <a href=\"https:\/\/www.biggerpockets.com\/nomoney\" target=\"_blank\">no money<\/a>, and lots more. Stay tuned for this powerful episode!<\/span><\/p>\n<p><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/biggerpockets-podcast-real\/id594419649\" target=\"_blank\" rel=\"noopener\">Click here<\/a>\u00a0to listen on iTunes.<\/p>\n<h2>Listen to the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" frameborder=\"0\" height=\"200\" scrolling=\"no\" src=\"https:\/\/playlist.megaphone.fm?e=BIGPOC9149627353&#038;light=false\" width=\"100%\"><\/iframe><\/p>\n<h2>Watch the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" title=\"How to Achieve Greater Success by Doing Less with Devin Elder | BP Podcast 207\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/nm09EjSLNBU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Help Us Out!<\/h2>\n<p>Help us reach new listeners on iTunes by leaving us a rating and review! It takes just 30 seconds and instructions can be found <a href=\"https:\/\/www.biggerpockets.com\/forums\/25\/topics\/161423-do-you-listen-to-the-bp-podcast\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>. Thanks! We really appreciate it!<\/p>\n<h2>This Show Sponsored By<\/h2>\n<p>We just wa<img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-66280 no-display appear\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2014\/11\/RealtyShares.png\" alt=\"RealtyShares\" width=\"283\" height=\"60\" title=\"\">nted to give a shout out to our podcast sponsor\u00a0on today\u2019s show:<strong> RealtyShares<\/strong>. RealtyShares is a crowdfunding platform that allows you to invest in professionally managed properties without leaving your living room!<\/p>\n<p>Learn more by visiting\u00a0<a href=\"https:\/\/www.realtyshares.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">RealtyShares.com\/biggerpockets<\/a>!<\/p>\n<h2><\/h2>\n<h2>In This Episode We Cover:<\/h2>\n<ul>\n<li>How Devin <strong>got started<\/strong> into real estate<\/li>\n<li>How he got <strong>a mentor<\/strong> to help him get\u00a0his first deal<\/li>\n<li>What exactly <strong>equity capture<\/strong> is<\/li>\n<li>Why the <strong>BRRRR strategy<\/strong> is so nice<\/li>\n<li>Thoughts on his market, <strong>San Antonio<\/strong><\/li>\n<li>Devin&#8217;s\u00a0main <strong>focus<\/strong> as a real estate investor<\/li>\n<li>How his <strong>business<\/strong> works<\/li>\n<li>The importance of creating <strong>systems<\/strong> and not doing things you don\u2019t enjoy<\/li>\n<li>Why you shouldn&#8217;t\u00a0<strong>reinvent the wheel\u00a0<\/strong><\/li>\n<li>How he decides if he <strong>flips, holds, or wholesales<\/strong> a property<\/li>\n<li>How he f<strong>inds<\/strong> his deals<\/li>\n<li>How to figure out if someone is <strong>fudging<\/strong> the numbers<\/li>\n<li>The mechanics of his <strong>marketing<\/strong><\/li>\n<li>The story of a deal that went\u00a0<strong>wrong<\/strong><\/li>\n<li>What makes him <strong>proud<\/strong> about how he does business<\/li>\n<li>The\u00a0name that comes to mind if he heard the word &#8220;<strong>inspiration<\/strong>&#8220;<\/li>\n<li>What the <strong>future<\/strong> looks like for Devin<\/li>\n<li><strong>And SO much more!<\/strong><\/li>\n<\/ul>\n<h2>Links from the Show<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/forums\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Forums<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/webinar?main_track_only=true\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Webinar<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Podcast<\/a><\/li>\n<li><a href=\"http:\/\/www.jdoqocy.com\/click-8537200-12733662\" target=\"_blank\" rel=\"noopener noreferrer\">Buildium<\/a><\/li>\n<li><a href=\"https:\/\/oncarrot.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Investor Carrot<\/a><\/li>\n<li><a href=\"http:\/\/fourhourworkweek.com\/podcast\/\" target=\"_blank\" rel=\"noopener noreferrer\">Tim Ferriss&#8217; Podcast<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in this Show<\/h2>\n<ul>\n<li><i><a href=\"https:\/\/www.biggerpockets.com\/rentalbook\" target=\"_blank\" rel=\"noopener noreferrer\">The Book on Rental Property Investing<\/a>\u00a0<\/i> by Brandon Turner<\/li>\n<li><i><a href=\"https:\/\/get.biggerpockets.com\/flippingbook\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Book on Flipping Houses<\/a>\u00a0<\/i>by J. Scott<\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/nomoney\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Investing with No or Low Money Down<\/em><\/a> by Brandon Turner<\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/taxbook\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The Book on Tax Strategies<\/em><\/a> by Amanda Han<\/li>\n<li><a href=\"http:\/\/amzn.to\/2i4gTdK\" target=\"_blank\" rel=\"noopener noreferrer\"><em>80\/20 Sales and Marketing<\/em><\/a> by Perry Marshall<\/li>\n<li><a href=\"http:\/\/amzn.to\/2i4ggAT\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Rich Dad Poor Dad<\/em><\/a> by Robert Kiyosaki<\/li>\n<li><a href=\"http:\/\/amzn.to\/2i4nlBf\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The Millionaire Real Estate Investor<\/em><\/a> by Gary Keller<\/li>\n<li><a href=\"http:\/\/amzn.to\/2io5AdS\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Elon Musk<\/em><\/a> by\u00a0Ashlee Vance<\/li>\n<\/ul>\n<h2>Tweetable Topics:<\/h2>\n<ul>\n<li>&#8220;Rental income wasn\u2019t making me wealthy, but it was paying my bills.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22Rental%20income%20wasn%E2%80%99t%20making%20me%20wealthy,%20but%20it%20was%20paying%20my%20bills.%22%20BP%20Podcast%20207%20%40biggerpockets%20biggerpockets.com\/show207\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;It\u2019s about creating systems, getting software, and not spending time on activities that you don\u2019t enjoy.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22It%E2%80%99s%20about%20creating%20systems,%20getting%20software,%20and%20not%20spending%20time%20on%20activities%20that%20you%20don%E2%80%99t%20enjoy.%22%20biggerpockets.com\/show207\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;Nothing happens without some revenue.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22Nothing%20happens%20without%20some%20revenue.%22%20BP%20Podcast%20207%20%40biggerpockets%20biggerpockets.com\/show207\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;Use your hustle to create some kind of value and then from there take the next best step.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22Use%20your%20hustle%20to%20create%20some%20kind%20of%20value%20and%20then%20from%20there%20take%20the%20next%20best%20step.%22%20%40biggerpockets%20biggerpockets.com\/show207\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<\/ul>\n<h2>Connect with\u00a0Devin<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/users\/Devintx\" target=\"_blank\" rel=\"noopener noreferrer\">Devin&#8217;s BiggerPockets Profile<\/a><\/li>\n<li><a href=\"http:\/\/www.devinelder.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Devin&#8217;s Website<\/a><\/li>\n<li>Devin&#8217;s Company Website &#8211; <a href=\"http:\/\/www.alamocashbuyers.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">We buy houses San Antonio<\/a><\/li>\n<\/ul>\n<h2>Show Preview<\/h2>\n<p><iframe loading=\"lazy\" title=\"Podcast 207 Preview: No substitute for experience\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/RK8UW4-IHew?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real estate investors wear a lot of hats, especially in the beginning: contractor, bookkeeper, receptionist, and more. But if you truly want to grow your business, you must do LESS. [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":118632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-84661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biggerpockets-podcast"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/84661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/17340"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=84661"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/84661\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/118632"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=84661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=84661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=84661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}