
231: Setting Up Processes While Working Full-Time with Derek Clifford
Pat Dake
Description
<p>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 corporate job. Today he is a multifamily investor controlling 250+ apartment units with over $20M AUM (and climbing).</p> <p><br></p> <p>In August 2021, Derek successfully retired from his full-time W-2 job at a large utilities company on the West Coast using his growing real estate portfolio. This enabled him to set into a life of travel and unlock two of the three degrees of freedom: 1. time, 2. location, (and will eventually lead to...) 3. financial freedom.</p> <p><br></p> <p>He is also an author, vlogger, and podcast host of the ""Elevate Your Equity"" Show. He is 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. Derek published his first book ""Part-Time Real Estate Investing for Full-Time Professionals,"" in 2020, which has helped several people get started on the path of growing their passive income on the side while working a full-time corporate job.</p> <p><br></p> <p><br></p> <p>*DISCLAIMER - We are not giving any financial advice. Please DYOR*</p> <p><br></p> <p><strong>(00:00 - 02:09) Opening Segment</strong></p> <p>-Derek is introduced by Alpesh</p> <p>-Derek shares something interesting about himself</p> <p><br></p> <p><strong>(02:09 - 24:34) Setting Up Processes While Working Full-Time</strong></p> <p>-Derek shares a couple of thoughts about japan government</p> <p>-Derek shares how he started in real estate</p> <p>-He shares his first intentional real estate investment</p> <p>-Derek shares about the process he undergoes to build up a portfolio while working a full-time job</p> <p>-He also shares his Gotcha while setting up the process</p> <p>-Derek shares his mistakes in investing in real estate</p> <p>-He also shares his best and worst real estate deals</p> <p><br></p> <p><strong>(24:51 - 32:2