248: From Shop Teacher to Multifamily Syndicator with Todd Dexheimer

<p>Looking to scale up your real estate investing business? If so, don’t miss this incredibly powerful episode of The&nbsp;<a href="https://www.biggerpockets.com/podcast" target="_blank">BiggerPockets Podcast</a>. </p><p>On today’s show, you’ll meet&nbsp;<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><li>How Todd&nbsp;<strong>got started</strong>&nbsp;in real estate</li><li>How he&nbsp;<strong>found and financed</strong>&nbsp;his first deal</li><li>What exactly a&nbsp;<strong>203k loan</strong>&nbsp;is</li><li>How he bought a&nbsp;<strong>rental</strong>&nbsp;and a flip</li><li>How to&nbsp;<strong>three projects</strong>&nbsp;at the same time while working a full-time job</li><li>What his&nbsp;<strong>investing life</strong>&nbsp;looks like today</li><li>How he scaled his investing to&nbsp;<strong>hundreds of purchases</strong></li><li>How he was able to&nbsp;<strong>gradually quit</strong>&nbsp;his job</li><li>Tips for digging deeper with&nbsp;<strong>midsize multifamily</strong>&nbsp;properties</li><li>What he&nbsp;<strong>looks for</strong>&nbsp;in a property</li><li>Advice for getting the&nbsp;<strong>overall picture of the market</strong>&nbsp;(a unique way to study markets)</li><li>How Todd manages to invest&nbsp;<strong>out-of-state</strong></li><li>How to get the right people on your&nbsp;<strong>team</strong></li><li>Why he chose&nbsp;<strong>Cincinnati</strong></li><li>The story behind his&nbsp;<strong>84-unit</strong>&nbsp;contract</li><li>How he&nbsp;<strong>manages</strong>&nbsp;his projects</li><li>His&nbs