E248 Derek Clifford - The Power of Partnering with Your Spouse, Locating Emerging Markets, and Tips for Systematizing Your Real Estate Investing Business

Derek Clifford is a successful single and multifamily real estate investor, adding 13 out-of-state units to his portfolio in his first year of acquisitions while working a full-time job. He has since retired himself from his 9-to-5 job and today he is a multifamily investor controlling 200+ apartment units with over $25M AUM. He is also an author, and podcast host of the "Elevate Your Equity" show. Derek is also the founder and CEO of Elevate Equity, a firm that partners with individuals and companies to purchase, improve, and operate cash flowing multifamily apartment real estate.

Tyler and Derek discussed why you should consider partnering with your spouse to grow your real estate investing business, how to find emerging markets, and several ways to systematize your daily operations.

Highlights include:

• Integrators versus visionaries
• The benefits of leveraging your spouse to create a mini-mastermind 
• Derek’s advice on how to get started creating a partnership with your spouse 
• How to partner with a spouse that works in a different field
• Derek’s experience of building a single family portfolio and expanding into multifamily
• What an emerging market is
• Derek’s tips for how you can find emerging markets, and specific sources Derek leverages
• Mindset, comparison traps and lessons from the book The Gap and the Gain 
• The power of systems and processes and how Derek leverages them for his business
• Tips for hiring virtual assistants
• Abundance mindset

Connect with Derek:

Website: https://elevateequity.org
Instagram: https://www.instagram.com/dereklovesequity/?hl=en
Facebook: https://www.facebook.com/dereklovesequity
Podcast: Elevate Your Equity Podcast

The following books were mentioned in the show:

Part-Time Real Estate Investing for Full-Time Professionals by Derek Clifford
The Gap and The Gain by Dan Sullivan
Becoming Supernatural by Dr. Joe Dispenza

Are you a real estate investor looking to elevate your income, freedom & lifestyle? If so, optimize your daily performance by downloading our free guide, Raising the Bar - 5 Steps to Elevate Your Habits, at elevatepod.com.

In this guide, created by your host Tyler Chesser, you’ll learn why you do what you do, how to easily institute cues in your environment to trigger desired behavior, directly applicable steps to create a fulfilling future and much more.

Get your free copy at elevatepod.com and kick-start your new habits today. Your future self will thank you!

This episode of Elevate is brought to you by CF Capital, a national real estate investment firm. CF Capital’s mission is to provide property investment and asset management solutions to help investors like you maximize their returns by investing in high-value multifamily communities.

If you are looking for risk-adjusted alternative investments in quality apartment communities, and are seeking tax optimized cash flow with appreciation upside without all the hassle of management, you might benefit from learning more about investing alongside our team.

You’re invited to reach out and learn how you can invest with us by visiting cfcapllc.com.

We’re also currently offering a free ebook called The Bottom Line - 10 Ways to Increase Cash Flow in an Apartment Complex. Whether you’re a new or an experienced investor, we’re confident you’ll find massive value in this resource. Get your free copy today at cfcapllc.com.

RSVP for CF Capital’s Investor Day 2022 here.
RSVP for CF Capital’s Multifamily Meetup with Holly Williams here.

This episode is brought to you by the eQRP. eQRP's mission is to transform your financial future by providing a way to take control of your retirement money - money that’s stranded in 401(k) or IRA accounts. Whether you want to invest in real estate or you’re concerned about a financial crash, or perhaps you want to rollover your money - tax and penalty free - we have your solution. Text “ELEVATE” to 307.213.3475.