What were you doing at 23 years old? Probably not building 17 houses like today’s guest! That’s right -- our guest today on the BiggerPockets Podcast is Devan McClish, a real estate investor from Nashville who’s done nearly 60 deals in just the past couple years -- using almost no money of his own. You’ll learn how Devan finds deals, raises money, works with contractors, and so much more. This show will go down as one of the greatest in BiggerPockets history -- so don’t miss a second of it!
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This Show Sponsored By
We just wanted to give a shout out to our podcast sponsor on today’s show: RealtyShares. RealtyShares is a crowdfunding platform that allows you to invest in professionally managed properties without leaving your living room!
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In This Episode We Cover:
How Devan got started learning real estate when he was 18
How he convinced a mentor to teach him
His first deal 3 years later
How to avoid the shiny object syndrome
How he landed deals through direct mail
How he initially funded his deals
Living on $15,000 for a year
How to deal with peer pressure when you're "going cheap"
The worst mistake he's made so far
The biggest challenge in the beginning
Why finding the deal is harder than finding the money
How Devan finds deals
Tips on driving for dollars
His future goals
And SO much more!
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Books Mentioned in this Show
Rich Dad Poor Dad by Robert Kiyosaki
Think and Grow Rich by Napoleon Hill
How I Turned $1,000 into Five Million in Real Estate in My Spare Time by William Nickerson
The Intelligent Investor by Benjamin Graham
Tweetable Topics:
"While my friends are out drinking, I stay at home and try to find the next deal." (Tweet This!)
"Instead of spending $300/month on a brand new car, I’d rather spend that to get another 300 yellow letters out." (Tweet This!)
"Whenever they say you can’t do this, I say watch me do it." (Tweet This!)
Connect with Devan
Devan's BiggerPockets Profile
Devan's Facebook Profile
Devan's Twitter Profile
Devan's Landing Page
View the full article: BP Podcast 180: 58 Deals by Age Twenty-Three with Devan McClish on on