Show Notes

Derrick Lind spent 25 years as a structural engineer before realizing that flipping and rentals weren’t going to get him to financial freedom. In this episode, he shares how analysis paralysis nearly held him back — and what finally pushed him to get in the game. From buying remote single-family homes to joining a multifamily mentoring program and partnering on a real deal, Derrick walks us through the mindset shifts, lessons learned, and how writing a book helped build credibility with investors. If you’ve ever felt stuck in overthinking mode, this one’s for you.

Key Takeaways

Why Single-Family Rentals Fall Short

  • Derrick started with flips, rentals, and a triplex but realized the scalability just wasn’t there.

  • Managing multiple small properties turned into a time-consuming headache.

  • Multifamily offered the ability to consolidate units, reduce chaos, and boost efficiency.

The Analytical Trap (And How Engineers Can Escape It)

  • Derrick talks about the curse of being an engineer: needing every answer before acting.

  • He shares 5 common excuses analytical minds use to delay investing.

  • Learning to accept “good enough” instead of perfect was key to finally taking action.

How Mentorship and Networking Changed the Game

  • Derrick’s first multifamily deal nearly fell apart — and he had no one to call for help.

  • After joining a mentoring program, everything changed: support, structure, and real partners.

  • His current deal came from a network connection, proving access beats doing it alone.

What Engineers Bring to Real Estate (and What Holds Them Back)

  • Strengths: structured thinking, attention to detail, strong financial modeling skills.

  • Weaknesses: overly conservative underwriting and fear of making a mistake.

  • Derrick’s advice: Run the numbers, then take action even if it’s not 100% perfect.

Writing a Book to Build Credibility and Open Doors

  • Derrick wrote Real Estate Investing for Engineers to share his journey and help others.

  • It’s also a powerful tool for raising capital—investors see him as credible and thoughtful.

  • Books have staying power. Business cards get tossed. Books get shelved and shared.

 

Connect with Derrick Lind

Real Estate Investing for Engineers

https://www.hometownapartments.net/

 

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Resources

Join the Nighthawk Equity Investor Club

TheFreedomPodcast.com 

Access the #1 FREE Apartment Investing Course (Apartments 101)

Schedule a Free Strategy Session with Michael's Team of Advisors

Explore Michael’s Mentoring Program

Review the Podcast on Apple Podcasts

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Get the Book, Financial Freedom with Real Estate Investing by Michael Blank 

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