Discover the different strategies he dabbled in which brought him enormous cash flow and quickly replaced his teacher salary, learn what syndication is and how does it relate to investing in real estate, and know how to go about syndication and the leg...
Discover the different strategies he dabbled in which brought him enormous cash flow and quickly replaced his teacher salary, learn what syndication is and how does it relate to investing in real estate, and know how to go about syndication and the legal process of doing it.
Resources/Links
Summary
Todd Dexheimer, CEO of Venture D Properties, LLC started investing in Real Estate in 2008 in single-family homes & small multi-family properties. Since 2008 he has purchased and renovated roughly 700 units.
Todd has completed over 150 flips, including a 20-unit mobile home park, a ski resort, and a 15unit apartment complex while using those profits to build his rental portfolio. Currently, Todd owns approximately $25 million in real estate comprising of over 550 units located in 5 states, with a focus on syndicating value-add multi-family properties in emerging markets.
Today on the Property Profits Real Estate Podcast, Todd as he shares the strategies he used which allowed him to quit his teaching job in just two years.
Topics Covered:
Key Takeaways:
“You’ve got to somehow create a track record, whether that’s through how I did it, working my way up, or whether that’s bringing in partners or whatever you’ve got to do with what, you’ve got to build a strong track record, that’s going to be vitally important in my opinion.” – Todd Dexheimer
“Somebody who’s trying to get into it, syndication, I think the biggest thing is you’ve just got to study. You’ve got to learn. It’s like anything, you’ve got to gain knowledge in it. Maybe you know how to do multi-family, but you’ve got to also know how to do syndication or you have to learn the language. You have to understand the rules and regulations. You don’t have to be an expert. You don’t have to be the lawyer, but you have to know enough to understand what you’re doing.” – Todd Dexheimer
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