cover of episode 248: From Shop Teacher to Multifamily Syndicator with Todd Dexheimer

248: From Shop Teacher to Multifamily Syndicator with Todd Dexheimer

Publish Date: 2017/10/12
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BiggerPockets Real Estate Podcast

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Shownotes Transcript

    <p>Looking to scale up your real estate investing business? If so, don’t miss this incredibly powerful episode of The <a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a>. </p><p>On today’s show, you’ll meet <strong>Todd Dexheimer</strong>, who started investing in real estate while working a full-time job as a shop teacher at a Minnesota High School. Todd walks us through his journey of quitting his job and scaling his business to hundreds of flips and rental properties in just a few short years. </p><p>You’ll hear how Todd analyzes markets before deals, how he puts together the financing on large multifamily purchases, and how he builds a solid team—no matter how far he’s located from the property.</p><p>In This Episode We Cover:</p><ul>
  • How Todd got started in real estate
  • How he found and financed his first deal
  • What exactly a 203k loan is
  • How he bought a rental and a flip
  • How to three projects at the same time while working a full-time job
  • What his investing life looks like today
  • How he scaled his investing to hundreds of purchases
  • How he was able to gradually quit his job
  • Tips for digging deeper with midsize multifamily properties
  • What he looks for in a property
  • Advice for getting the overall picture of the market (a unique way to study markets)
  • How Todd manages to invest out-of-state
  • How to get the right people on your team
  • Why he chose Cincinnati
  • The story behind his 84-unit contract
  • How he manages his projects
  • His ski resort story
  • Todd’s vision of owning $200 million in real estate
  • And SO much more!
  • Links from the Show

    Books Mentioned in this Show

    Fire Round Questions

    Tweetable Topics

    • “It’s not just about good cash flow; it’s about your ability to get out of that investment in the future.” (Tweet This!)
    • “It’s all a referral business. People talk about people they like and trust.” (Tweet This!)
    • “If you’re going to try to raise money, you’ve got to have people who know what you do.” (Tweet This!)
    • “Getting good tenants is the best strategy.” (Tweet This!)

    Connect with Todd

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