Episode 278: Mitch Talks Apartments with Todd Dexheimer

Todd Dexheimer and his companies have purchased, renovated and sold well over 200 properties, ranging from single family homes, duplexes, multi-family properties, mobile homes, raw land, and a ski resort. His focus is on value-added Multi-family purchase and syndication in emerging markets. Todd and has a team have purchased Multi-family buildings in 5 states and holds over $15 million of real estate. Todd has raised over $10 million in private equity and provided his private investors with double-digit returns on every investment. Todd also hosts the podcast Pillars of Wealth Creation, where he interviews successful business leaders. What you’ll learn about in this episode: How Todd made the transition from being a high school shop teacher to being a successful real estate investor, with no money of his own Why entering the real estate market during the 2008 crash was both terrifying and lucrative for Todd Why it is incredibly important to hire an attorney when you’re dealing in private money How Todd moved from single-family to multi-family properties, and what sort of properties he was able to flip Why Todd puts some of his own money into his deals, and when he uses non-recourse loans in his business What kinds of markets Todd operates in, what criteria he looks for, and what he avoids Why Todd believes we are due for another real estate recession, and how he plans to manage his business during that time How to scale your business in size, and why you should hire the right people that can help your business grow Patrick Mahaffey shares a big success story of one of the properties he was able to close on, by the numbers Resources: REInvestorSummit.com/Dexheimer REInvestorSummit.com/noteservicing Tim Tip #6 REInvestorSummit.com/aof REInvestorSummit.com/coaching REInvestorSummit.com/taxfreefuture