Ritter on Real Estate The Three Degrees Of Freedom With Derek Clifford
On today's episode of Ritter On Real Estate, we interview Derek Clifford. Derek is a successful single and multifamily real estate investor and fund manager, retiring from his full-time corporate job as of September 2021. He is a multifamily investor controlling 400+ apartment units with over $40M AUM.
He is also an author and podcast host of the "Elevate Your Equity" show and the founder and CEO of Elevate Equity, a firm that partners with individuals to help unlock the three degrees of freedom: location, time, and financial.
He is a fervent student of self-development and mindset. Derek loves to give back his knowledge and has a passion for breaking down complex ideas into easy-to-explain topics. He’s helped many people start, maintain, and grow their portfolios to achieve their own financial independence. In his spare time, Derek enjoys relaxing with his wife, biking, hiking, reading, and undertaking small household construction projects.
Welcome to the podcast Derek!
Key Points From The Episode:
- Derek's background working as an engineer. Not liking relying on a 9-5.
-Buying his first rental property then investing in Indianapolis using his paycheck from his 9-5.
-How Derek's wife helped change his mindset about money and business.
-How Derek quit his 9-5.
-Why passive income is so important to develope.
-Managing 400+ units, how Derek does this and only works a few hours a week.
Books Mentioned: The Gap In The Gain By Dan Sullivan
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Production by Outlier Audio