Devin Elder was working at a six-figure corporate job and got into real estate investment looking toward replacing his job with passive income. At first, he was running around doing single-family deals and it just wasn’t big enough, fast enough. He might obtain $250-300 of cash flow on a single house. With an eye toward getting the education he needed to get into larger deals that could eventually replace his corporate income, Devin came across Michael Blank’s podcast.
The Ultimate Guide taught him how to structure syndicated deals and while it might seem counter-intuitive, Devin found it to be true that bigger deals are actually easier to get done. Within a few months, he completed his first 130-unit deal. It was the pivotal point in his career and he’s done deals with hundreds and hundreds of units since, and has left his corporate job.