Pillars Of Wealth Creation

Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus in business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers and coaches. In this episode, Todd and Matt talk about how using a coach helps increase your focus so that you can achieve your goals sooner, and when to hire employees to help you with your goals. Connect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: www.youtube.com/c/PillarsOfWealthCreation

The journey from fix and flips to owning large commercial assets has come with many lessons along the way. Steve Libman shares those lessons and talks to us about his success habits. Steve's company has done 1000 fix and flips, but decided to transition to commercial real estate, focusing on self storage, student housing and multifamily. 3 Pillars 1. Deal with debt and reduce 2. Create earned income 3. Create Passive income Book: Extreme Ownership by Joko Willink and Leif Babin You can connect with Steve at www.integrityhg.com Connect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: www.youtube.com/c/PillarsOfWealthCreation

Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus in business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers and coaches. In this episode Todd Dexheimer and Matt Jones discuss the importance of taking action. You can connect with Matt Jones at Matt@BookAboutRealEstate.com Connect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: www.youtube.com/channel/UCkg8HggkdPAuBaAQySJSEQQ

Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus in business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers and coaches. Connect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: www.youtube.com/channel/UCkg8HggkdPAuBaAQySJSEQQ You can connect with Matt Faircloth on www.DerosaGroup.com

Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus in business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers and coaches. Today, Todd talks about the pros and cons of shorter 3-5 year holds vs. long term legacy investing with multifamily apartments. Connect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: www.youtube.com/channel/UCkg8HggkdPAuBaAQySJSEQQ Connect with Pillars Of Wealth Creation on Facebook: https://www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com

You can contact today’s guest, Mike Roessle, at mroessle@costar.com Connect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: www.youtube.com/channel/UCkg8HggkdPAuBaAQySJSEQQ

Syndication is a hot topic. We talk about what syndication is and why you would want to raise money for your deals. Our Sponsor is Pine Financial. There is a reason why some of the wealthiest people in history invest in loans backed by real estate. Learn more about the risks and returns at www.PineInvesments.com and click on Get Started Connect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: www.youtube.com/channel/UCkg8Hggk…QySJSEQQ/featured John Stiles is a licensed MN real estate agent with Bridge Realty. To learn more, check out John’s website: www.RealEstateStiles.com You can also find John on YouTube: www.youtube.com/channel/UCgLtahYDXP8T-fEFJfBqHww

Connect with Pillars Of Wealth Creation on Facebook: https://www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: https://www.youtube.com/channel/UCkg8HggkdPAuBaAQySJSEQQ

In this episode John Stiles and Todd Dexheimer discuss how to make sure your deal actually gets funded. Mark your calendar for the Northstar Real Estate Conference 2020. Use promo code northstar for your special discount at www.nreconference.com Connect with Pillars Of Wealth Creation on Facebook: https://www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: https://www.youtube.com/channel/UCkg8HggkdPAuBaAQySJSEQQ John Stiles is a licensed MN real estate agent with Bridge Realty. To learn more, check out John’s website: www.RealEstateStiles.com You can also find John on YouTube: www.youtube.com/channel/UCgLtahYDXP8T-fEFJfBqHww

Connect with Pillars Of Wealth Creation on Facebook: https://www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: https://www.youtube.com/channel/UCkg8HggkdPAuBaAQySJSEQQ

In this episode Todd Dexheimer and John Stiles discuss the importance of good Asset Management. Typically when you syndicate a deal there is an asset management fee - but this shouldn't be confused with profit or play money. This is the fee to cover the cost of actually managing the asset. Someone in the company needs to be the point of contact with the property manager. They should have regular and frequent conversations with the management team and make sure that the business plan is being implemented. Connect with Pillars Of Wealth Creation on Facebook: https://www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: https://www.youtube.com/channel/UCkg8HggkdPAuBaAQySJSEQQ John Stiles is a licensed MN real estate agent with Bridge Realty. To learn more, check out John’s website: www.RealEstateStiles.com You can also find John on YouTube: www.youtube.com/channel/UCgLtahYDXP8T-fEFJfBqHww

Michael Becker of SPI Advisory, discusses how his company scaled quickly in one of the most competitive real estate markets in history. He discusses building relationships, being intentional, finding partners with complimentary skills, prioritizing and so much more. SPI Advisory specializes in repositioning multi-family assets. Through professional asset management and a high level of integrity, SPI Advisory increases the value of properties while improving quality of life for its residents. SPI Advisory derives stakeholder value through hands on asset management and construction oversight. Our exclusive multi-family focus enables better pricing of value and risk to identify projects with superior risk-adjusted returns. 3 Pillars of Wealth 1. Buy real assets 2. Invest in yourself 3. Build relationships Book recommendation: ABC’s of Real Estate Investing by Ken McElroy Connect with www.spiadvisory.com Our Sponsor is Pine Financial. There is a reason why some of the wealthiest people in history invest in loans backed by real estate. Learn more about the risks and returns at www.PineInvesments.com and click on Get Started Connect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: www.youtube.com/channel/UCkg8Hggk…QySJSEQQ/featured

In this episode John Stiles & Todd Dexheimer give a brief summary and debrief about how the 1st ever Northstar Real Estate Conference. While there is always room for improvement, we were very pleased with the results. The presentations by the speakers were inspiration and the networking was wonderful. Connect with Pillars Of Wealth Creation on Facebook: https://www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: https://www.youtube.com/channel/UCkg8HggkdPAuBaAQySJSEQQ John Stiles is a licensed MN real estate agent with Bridge Realty. You can check out John's new podcast called Maximizing Your Property Value on your favorite podcast player or simply click here: www.anchor.fm/mypv To learn more, check out John’s website: www.RealEstateStiles.com You can also find John on YouTube: www.youtube.com/channel/UCgLtahYDXP8T-fEFJfBqHww

Neal Bawa, is known in the real estate circles as the Mad Scientist of Multifamily. Neal Bawa is a data guru, a process freak and an outsourcing expert. Neal treats his $200 million dollar multifamily portfolio as an ongoing experiment in efficiency and optimization. The Mad Scientist lives by two mantras. His first mantra is that we can only manage what we can measure. His second mantra is that data beats gut feel by a million miles. In this episode Neal discusses the keys to successful asset management, as well as the importance of sound asset management. He also hits on the key factors his company looks at when considering a market to invest in and the types of real estate deals that are the most lucrative right now. 3 Pillars of Wealth 1. Measure everything 2. Be analytical 3. Deep dive Book recommendation: Traction by Gino Wickman Connect with Neal Bawa at multifamilyu.com/toolkit Our Sponsor is Pine Financial. There is a reason why some of the wealthiest people in history invest in loans backed by real estate. Learn more about the risks and returns at www.PineInvesments.com and click on Get Started Connect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: www.youtube.com/channel/UCkg8Hggk…QySJSEQQ/featured

In this episode John Stiles & Todd Dexheimer discuss the book Clock Work, Design Your Business To Run Itself by Mike Michalowicz. This book is high on our recommendation list for entrepreneurs who want their businesses to run more efficiently and productively. Mark your calendar for the Northstar Real Estate Conference, September 20-21, 2019. Enter discount code “DEX” to get $100 off your ticket: https://www.eventbrite.com/e/northstar-real-estate- conference-tickets-60289848560?aff=Todd1 Connect with Pillars Of Wealth Creation on Facebook: https://www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: https://www.youtube.com/channel/UCkg8HggkdPAuBaAQySJSEQQ John Stiles is a licensed MN real estate agent with Bridge Realty. To learn more, check out John’s website: www.RealEstateStiles.com You can also find John on YouTube: www.youtube.com/channel/UCgLtahYDXP8T-fEFJfBqHww