All Forum Posts by: Todd Dexheimer

This answer depends a bit on your age, your risk tolerance, and a few other factors. If you are young, more risk is appropriate. 

If you're in your 20's and 30's, then go ahead and invest all $120k. 

If you're in your 40's and above, be more cautious. Do you have only $120,000 to invest? Or do you have a large retirement account already set up? 

As for your first question, if you don't want to spend time in the business, then invest passively - either via syndication, debt fund, or a REIT. Don't expect to buy something on your own and not put time and effort into it. Buying a few rentals may not be a 40 hour job, but it will be a 2nd job. Some weeks it will be no work, but others it will be 5-10+ hours, even with hiring a PM.

If you're willing to put in the time and effort needed - especially on the front end, then buy the rental or do a few flips. 

 Thank you Chris and @Arn Cenedella. Both of these guys are also great guys and have excellent track records in the industry. Chris would give you diversification outside of MF. 

Well, those couldn't be more different. Fix & Flip is very active, and most would say it's not real estate investing. Investing in syndications is very passive after you find the right sponsors. I'm biased toward investing in syndications since my company Endurus Capital is a syndicator. I have, however, flipped over 100 homes and know the pros and cons of flipping. 

One thing to consider with flipping is that you can take the profits from the flip and invest them passively. Flipping is high risk and high reward. It takes a lot of planning and hands-on dedication to create real profit. 

I love this approach. When I was flipping, I took my profits and bought rental homes. Need to keep that cash moving!

 Chris, do or or have you spent money on marketing for investors? We've raised about $100mm and haven't spent money on advertising to get investors. I've been curious if it's something that people are having success with. 

Coaching is a great option if you're looking to take action quickly. Only enroll in coaching if you've read a handful of multifamily investing books that has given you a baseline. Make sure you are highly dedicated and motivated to take action. A coach won't do it for you, so you need to be sure you fully understand what you're looking to achieve and have the time and energy to get the results. I'd be happy to discuss our mentorship or point you in the right direction. 

 The real estate market is a 17-18 year cycle. It's been like that in the US for a long time. Peak was 2006 and this peak was 2023, so this one was 16.5-17 years. Expect a 4-5 year down/flat market before a slow climb up.

 In my opinion LP investors are the definition of a Real Estate Investor. They invest in real estate passively. They don't buy it and operate it. Myself and the majority of people on BP that call themselves real estate investors, should be calling themselves real estate business owners. Unless you're taking a passive role, you're buying/building businesses that require work and dedication. 

For me it's less about the wealth that I create, but more about the impact. As my net worth and portfolio have grown, I get to see the amount of impact that I make. What drives me to work hard, is knowing that the more I do, the greater the impact on society I can create. The wealthier I become, the more I can give to do God's work. 

My companies currently have over 300 employees. We're far from perfect, but we strive everyday to create an excellent culture and workplace. We trying to empower and challenge our employees to become better versions of themselves. As we grow, we create more ladders of success for our employees to climb if they chose. We also have over 5,000 residents that we trying to impact in a positive way. Again, we make plenty of mistakes, but our goal is to always become better and create a positive impact and influence in their lives. Last, we have hundreds of investors that we work diligently at providing positive returns to. 

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