Everything in life begins with one important thing.......mindset. Belief. The willingness to do whatever it takes to make something you believe a reality. As the old adage goes, "If you think you can or think you can't, you're right." This episode takes you on a deep dive of what is truly possible, and not just from a financial standpoint. 

Todd Dexheimer is a serial Real Estate investor, CEO of Venture D, Founder of Endurus Capital, and host of the Pillars of Wealth Podcast sharing insights, stories, and lessons from entrepreneurs, investors, and successful real estate professionals. 

Patrick and Todd dive right into the first spark of inspiration most people have and never take action on.  For Todd, it began when he was a Teacher at school looking for a better way to outearn his then $30,000-a-year salary.  Todd shares his journey of what started him on this path to home ownership and his exploration into flipping real estate.  Patrick and Todd take a deep dive into exactly what it took to go from a $30,000-a-year salary to amassing a real estate portfolio worth over $500 million. 

What You'll Learn: 

• What Todd's early real estate deals consisted of when he started his investing journey 
• How many flips Todd did in his career
• Profit sharing with investors and how to leverage the profits to roll into your next deal 
• How owning properties is not a true passive stream of income 
• The number of employees it takes to run a 24-hour, 7-day-a-week assisted living facility
• Important things to consider when building relationships with banks in securing financing 
• The debt service coverage ratio formula Todd used between 2008 and 2015 at the lowest points of the real estate market in the history of the United States
• The current outlook on the Real Estate Market as it pertains to today 
• Why the Feds can't keep raising interest rates 
• Thoughts on rentals versus passive income and where to get started
• Why knowing your goals are so important before you begin your real estate journey. 

Favorite Quote: 

"No matter what you do in life, you have to take daily steps in being consistent.  It involves risks and working hard." 

- Todd Dexheimer

 

Connect With Todd: 

Facebook

LinkedIn

Endurus Capital 

Pillars of Wealth Creation Podcast

Email: [email protected]

 

How to Get Involved:

Patrick Bolanos is a serial entrepreneur, business owner, and CEO of Trailer King Builders in Houston, Texas.

He was raised in Nicaragua, exposed to extreme poverty, and also had the fortune of being exposed to life in the United States traveling back and forth to both countries. 

After college, Patrick’s career took him into the corporate world of banking where he learned the important lessons of understanding what you’re selling and why it’s important to believe in it. 

Back in December of 2017, Patrick was fired from his job as a CFO for a Restaurant Group.  With only $500 to his name, rent due, his wife, 3 children at home, and one on the way, he was forced to figure out how to pull his family out of this financial abyss that was strangling his life. 

With no knowledge of how to build a trailer, Patrick simply figured all of it out and has now built it into the thriving empire of what’s now become Trailer King Builders.

This show highlights the failures, successes, lessons, and insights from Patrick and his guests. Bring your notepads and pens. You’re in for a real-life education. 

Connect with Patrick on LinkedIn, Facebook, and Instagram.

Be sure to check out this and other powerful episodes of Working for a Dream in Apple Podcasts.