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Devan McClish

5 Podcast Episodes

Latest 24 Jul 2021 | Updated Daily

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#87 with Devan McClish: Scaling to 21 Units and Building a Successful Property Managment Business

Millennial Millionaire Real Estate Podcast

In this episode, Jonathan Farber interviews Devan McClish on his journey from starting off under the guidance of a successful mentor to having experience in a vast array of real estate niches. Devan is a multitalented investor based in Nashville, Tennessee. In this episode, we get into topics like: getting into real estate small, managing your own properties, utilizing creative financing, and more! Top Takeaways: Starting real estate with hardly any resources - 10:30 - 12:45 Find a developing neighborhood and look for run down, unattended houses Write asks by hand and send them out, much cheaper than paying for a mail campaign Networking events are your hub to connect with more experienced professionals The draw of being a property manager - 15:00 - 17:20 Property managers get paid first Property management is high margin, with few staff required It only requires a real estate license Taking advantage of creative financing - 29:30 - 32:45 Owner financing allows you to buy without a bank but also without all the cash on hand The seller becomes the bank and you repay them over time Without a W-2 job, traditional financing can have harsh terms or sometimes be unavailable How to bring value to Devan McClish: Looking for properties to manage Looking for multifamily 5-25 units Resources: buildium.com appfolio.com happyhiller.com Social Links: biggerpockets.com/users/DevanM https://www.facebook.com/people/Devan-Mcclish/1070899809 olympuspropertymanagement.com devanolympus@gmail.com 615-418-3133 Connect With The host, Jonathan Farber Here! LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA

41mins

5 Oct 2020

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New Investor On How to Find Deals When Starting: Devan McClish - Favorite Clip of GSD Mode #07

GSD Mode

In today’s GSD Mode Favorite Clip, Top Real Estate Investor Devan McClish explains to Joshua how he found success early on when his investing career was just beginning. Listen to Devan discuss how he acquired his first deals, what his strategy of sending out mailers to potential clients is like, what he says to those clients once they contact him to ensure he gets the deal, and much more. Hit play! Devan’s full GSD Mode Episode - http://www.gsdmode.com/devanmcclish/ Facebook: https://www.facebook.com/profile.php?id=1070899809 Instagram:  https://www.instagram.com/devanbuyshouses/?hl=en BiggerPockets: https://www.biggerpockets.com/users/devanm Join the Free Private GSD Mode Facebook Group - http://www.facebook.com/groups/gsdmode

12mins

27 Sep 2017

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"New Investor Flips 60+ Homes In First 3 Years & Is Only 24 Years Old!" Devan McClish

GSD Mode

Top Realtor and Top Entrepreneur Devan McClish has accomplished more in his first 3 years in the real estate business than a lot of real estate agents do their whole career. At 24 years of age, Devan is a bright star in the Nashville, TN real estate market and a jack of all trades. A master of selling, buying, flipping, renting, rehabbing, etc.. Devan shares with the audience how he came to own 2 apartment complexes, over 60 rental units, how he uses direct mail as his primary marketing strategy, and how to invest in real estate with no money down! Looking for that bit of motivation to get your business on track for greatness? Watch this! 0:01 - Introduction 3:20 - Journey to entrepreneurship 5:20 - Why were you knocking on doors at 18 years old? 7:10 - How did you start landing deals in the beginning? 9:15 - What were the purpose of your partnerships? 12:50 - Did you have a mentor walking you through the sales process? 15:20 - What type of message are you sending to get people to want to talk to you? 18:30 - What’s your conversion of mail pieces to leads? 22:00 - How did you decide if you wanted to sell, flip, etc.. a property? 27:00 - Are you a fan of seeking hard money or going down the partnership route? 31:40 - What many investors careers get stifled because they get so stuck on what the house is worth today? 34:30 - Do you have a preference about the property type to invest in? 36:50 - What are some common mistakes investors make? 41:20 - What do you allocate for emergency funds of your properties? 43:20 - How did you get by after quitting your job and starting your business? 49:30 - Do you ever turn a house to a rental because you see the cashflow potential? 53:40 - If you could give 2 pieces of advice to your younger self, what would it be? 55:50 - Last words of advice from Devan to the audience facebook: https://www.facebook.com/profile.php?id=1070899809 instagram: https://www.instagram.com/devanbuyshouses/?hl=en biggerpockets: https://www.biggerpockets.com/users/devanm

57mins

20 Jul 2017

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180: 58 Deals by Age Twenty-Three with Devan McClish

BiggerPockets Real Estate Podcast

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!  In This Episode We Cover:How Devan got started learning real estate when he was 18How he convinced a mentor to teach himHis first deal 3 years laterHow to avoid the shiny object syndromeHow he landed deals through direct mailHow he initially funded his dealsLiving on $15,000 for a yearHow to deal with peer pressure when you’re “going cheap”The worst mistake he’s made so farThe biggest challenge in the beginningWhy finding the deal is harder than finding the moneyHow Devan finds dealsTips on driving for dollarsHis future goalsAnd SO much more!Links from the ShowBiggerPockets Job OpeningBiggerPockets EventsAdvertise with BiggerPocketsBiggerPockets StoreBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiThink and Grow Rich by Napoleon HillHow I Turned $1,000 into Five Million in Real Estate in My Spare Time by William NickersonThe Intelligent Investor by Benjamin GrahamTweetable 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 DevanDevan’s BiggerPockets ProfileDevan’s Facebook ProfileDevan’s Twitter ProfileDevan’s Landing PageSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

1hr 1min

23 Jun 2016

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#180: 58 Deals by Age Twenty-Three with Devan McClish

BiggerPockets Real Estate Podcast

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!  

1hr 3mins

23 Jun 2016