Recession Resistant Real Estate Radio

"Everything's unpredictable all the time. The difference is that something unpredictable will happen. We just don't know what."
~Todd Dexheimer~

Todd Dexheimer is the principal of Endurus Capital and VitaCure Living, a real estate OG who got started in 2008 during the depths of the financial crisis and never looked back. He's bought and sold over half a billion dollars in multifamily, senior housing, and commercial real estate — including flipping 100+ houses and building a 3,500-unit portfolio. In this episode, Todd breaks down what 17 years of navigating black swans has taught him about finding opportunity in chaos, where capital is flowing today, and why the Midwest is quietly becoming one of the most compelling markets in the country.

Learn More About:

• Why locking in 10-year fixed-rate debt at 2.6–2.8% in 2020–2022 was the biggest missed opportunity of the cycle — and what that lesson means for deals you're structuring today
• Why senior housing is Todd's top asset class pick for the next several years — and why most investors shouldn't touch it without the right operating partner
• How Todd thinks about 'today's data centers becoming tomorrow's pickleball courts' and why AI-driven capital flight into that sector may be overplayed
• What's actually driving investor demand into Midwest markets — and whether the opportunity has already been priced in
• Why multifamily operations are fundamentally harder than they were 5 years ago and what separates operators who survive from those who don't

Connect with Todd Dexheimer:
Learn more about Todd Dexheimer and Endurus Capital at enduruscapital.com. Connect with Todd on LinkedIn or find him on his podcast, Pillars of Wealth Creation.

"I don't even think about interest rates, I don't even care about interest rates — I put them in the spreadsheet, but the returns are the same, and they're great."
~Melissa Nash~

Melissa Nash has spent 12 years building a $7M real estate portfolio while raising four children — and helping over 2,000 investors navigate more than $500 million in transactions. After escaping a recession-crushed clothing business in 2008, she cracked the code on out-of-state turnkey investing and built what she calls the 'Lazy Investor Strategy.' In this episode, Melissa breaks down exactly how investors are still hitting 10% cash-on-cash returns in today's high-rate environment.

Learn More About:

• Why Indianapolis has delivered consistent 10% cash-on-cash returns for 10 years straight — regardless of interest rate changes
• How Melissa's 'Deal Bank' gives investors access to 30–50 off-market, pre-vetted, newly renovated properties at any given time
• The exact turnkey system that lets out-of-state investors buy rentals with 20% down and a DSCR loan without hiring a single contractor
• Why property management is the most critical piece of the turnkey puzzle — and how bad PMs quietly kill your returns
• How Melissa negotiates interest rate buydowns with her vetted teams to keep investor returns competitive in a high-rate market

Connect with Melissa Nash:
Learn more about Melissa Nash and her Lazy Investor Strategy at her website. Search for Melissa Nash on social media platforms to find her investor community and Deal Bank program.

"I want it to be to where we're as efficient as McDonald's and the customer service as Chick-fil-A. If we do that, and keep them informed, then our systems are just flowing through."
~OMAR ANDREASEN~

Omar Andreasen is a seasoned real estate investor, agent, and brokerage leader based in Celebration, Florida, who built his business from flipping houses to leading a thriving team at eXp and Compass. He's also the host of the Mr. Deed Podcast. In this episode, Omar breaks down the organic systems and customer experience roadmap he uses to generate hundreds of thousands of dollars in referral business — without burning a dime on ads.

Learn More About:

• How Omar went from getting his license to save on commissions to building a full brokerage team
• The Chick-fil-A and McDonald's customer service framework he trains every agent on
• Why he sends personalized gifts at contract, inspection, appraisal, AND closing — and how it drives referrals
• The documentation system he built from day one that turned his trial-and-error into a repeatable playbook
• How the 'experience curve' — beginning, peak, and end — shapes every client interaction at the Andreasen Group

Connect with OMAR ANDREASEN:
Check out Omar's podcast: The Mr. Deed Podcast — search for it wherever you listen to podcasts.

"For every dollar I bring in on software, it's worth call it $15 of enterprise value. And you start looking at it in a non-emotional way."
~Tim Bratz~

Tim Bratz is the founder of Legacy Wealth Holdings, a commercial real estate firm with over $350 million in assets and 2,800 doors, and Smart Management, an AI-enhanced property management software. After scaling to 5,000 doors across 12 states, Tim found himself cleaning up joint venture messes, buying out GPs, and injecting millions back into troubled deals — and it forced a hard rethink of where his energy belongs. In this episode, Tim gets brutally honest about the multifamily storm nobody saw coming, why he's selling off 800 doors, and why he's betting his next chapter on AI-powered prop tech over real estate.

Learn More About:

• Why Tim went from 5,000 doors in 12 states to strategically offloading properties — and what that decision actually cost him
• The perfect storm of rate hikes, insurance tripling, 26% property tax jumps, and 40% labor increases that blindsided even billion-dollar operators
• Why Tim believes properties purchased before 2022 may never fully recover — and the condo conversion strategy he's using to turn losers into winners
• The math that made Tim walk away from his mastermind: coaching earns 30 cents per dollar at a 1x multiple vs. software at 70 cents per dollar at a 10-20x multiple
• How Smart Management's AI layer is being built to help commercial real estate owners control the controllables and optimize NOI without adding headcount

Connect with Tim Bratz:
Learn more about Tim Bratz and Legacy Wealth Holdings at legacywealthholdings.com. Explore Smart Management software at smartmanagement.com. Follow Tim on social media @TimBratz on Instagram, YouTube, and LinkedIn.

"We bought an 87,000 square foot Kmart building for $1.5 million. We put $2.5 into it, so we're into the project for $4 million and stabilized valuation is a little over 9 million once converted to climate-controlled storage."
~Clint Harris~

Clint Harris has built over $100 million in stabilized self-storage assets by finding opportunity where others see problems. Host of the Truly Passive Income Podcast, Clint specializes in converting dead retail spaces like Kmarts into profitable storage facilities. In this episode, he breaks down his exact conversion strategy and why millennials are driving explosive growth in the storage sector.

Learn More About:

• How to buy Kmart buildings for $20/sq ft vs $130/sq ft new construction
• Why conversion takes 12 months vs 3 years for ground-up development
• The feasibility study process for evaluating storage market potential
• Why millennials use storage 2.8 times per month vs boomers 2-3 times per year
• Converting grocery stores, warehouses, and factories into storage goldmines

Connect with Clint Harris:
Connect with Clint Harris through his Truly Passive Income Podcast

"My thesis with the office space is that this is a great opportunity to purchase office as an asset class for pennies on a dollar and still cash flow on these assets."
~Tanh Truong~

Tanh Truong is a retired pharmacist turned commercial real estate investor and entrepreneur who has raised over $10 million in equity from conferences alone. After transitioning from residential real estate, Tanh specialized in commercial properties beyond multifamily and has mastered the art of raising capital through networking at industry events. In this episode, he reveals his exact conference strategy and breaks down why office buildings trading for 10-15 cents on the dollar represent massive opportunities.

Learn More About:

• How to raise $10+ million in equity capital from conferences
• Why office buildings at 10-15 cents on the dollar are opportunities
• The difference between CBD and suburban office performance
• How industrial and retail sectors are outperforming multifamily
• Tenant improvement strategies for distressed office buildings

Connect with Tanh Truong:
Connect with Tanh through his 'Investing Beyond Multifamily' brand and commercial real estate expertise.

"You can't manage performance, but you can manage risk. If you do your research coming in, if you do your diligence, if you do the risk management up front, the back end takes care of itself."
~Guy Bouchard~

Guy Bouchard is CEO and co-founder of Top Down Investments, a private equity real estate company, and founder of the Ultimate Real Estate Lifestyle where he teaches financial independence strategies. After selling his welding and construction company following a partnership disaster, Guy shifted focus to real estate investing and now helps entrepreneurs and W2 employees build sustainable wealth. In this episode, Guy breaks down why most people fail at creating financial independence and his five-pillar system for building a personalized investment plan.

Learn More About:

• Why lack of preparation kills most real estate investors
• The difference between passive income expectations vs reality
• Guy's five-pillar investor identity assessment system
• How to protect your downside instead of chasing optimistic projections
• Why one-size-fits-all investment advice doesn't work

Connect with Guy Bouchard:
Connect with Guy Bouchard at Top Down Investments and Ultimate Real Estate Lifestyle

"I was sitting there going, God, I got to do this for another 30 years. I'm not sure I can do it. And it was a job I really loved."
~Neil Henderson~

Neil Henderson went from a 20-year defense contractor career to building a $75M commercial real estate empire with Nomad Capital. Co-host of the Truly Passive Income podcast and FIRE movement advocate, Neil discovered real estate through accidental house hacking with an Airbnb guest house. In this episode, Neil breaks down his journey from Christmas Day 2013 Airbnb discovery to raising $17M in investor equity across 311,000+ square feet of self-storage.

Learn More About:

• How the FIRE movement's 25x rule changed his retirement perspective
• Why reducing living expenses accelerates retirement more than increasing income
• The Christmas Day 2013 Airbnb article that launched his real estate career
• How house hacking eliminated his mortgage and created investment capital
• Why Las Vegas became hostile to short-term rentals and casino lobby pushback

Connect with Neil Henderson:
Podcast: Truly Passive Income. Company: Nomad Capital specializing in self-storage investments.

"Currently multifamily is in the recession phase of the cycle...the perfect storm really is about rates, oversupply, and all these different headwinds making deals difficult to pencil."
~August Biniaz~

August Biniaz, co-founder and CIO of CPI Capital, has closed over $225 million in multifamily and BTR assets across 15 years in real estate. In this episode, August breaks down why multifamily is in the recession phase of its cycle and shares what he's seeing on the ground in Tampa and San Antonio markets. From extend-and-pretend strategies to 80% of deals failing to transact, he gives an unfiltered look at today's commercial real estate landscape.

Learn More About:

• Why 80% of multifamily deals in their pipeline don't end up transacting
• The extend-and-pretend strategy banks are using to avoid distress sales
• How oversupply in markets like Phoenix and Austin created downward pressure on rents
• The difference between Tampa and San Antonio distressed deal flow
• Why commercial real estate fundamentals remain strong despite current headwinds

Connect with August Biniaz:
Website: CPI Capital

"I reached a stage in my life, in my early 40s, where I was like, I don't know who I am. I had this gigantic house, everything was finally done, and I was miserable."
~Derek Peterson~

Derek Peterson went from a 6,500 square foot house with all the trappings of success to traveling the world and documenting it on his Rich and Homeless YouTube channel. After achieving traditional wealth but losing himself in the process, Derek now teaches entrepreneurs through his Adapt You Community how to design their business around their lifestyle, not the other way around. He's also the owner of Health Wealth Equity, working in capital raising for build-to-rent and medical office buildings.

Learn More About:

• Why traditional wealth markers led to divorce and disconnection from family
• The exact moment sitting in his home theater that sparked his life transformation
• How to redefine what 'rich' means beyond money and material possessions
• Why focusing solely on business growth costs you relationships and self-identity
• How to design your business around your lifestyle instead of vice versa

Connect with Derek Peterson:
YouTube Channel: Rich and Homeless