Are you just starting out in real estate investment and finding yourself drawn to cheap properties, thinking they're the best option for quick profits? You're not alone! 

In today’s episode, we delve into the real-life challenges and costly mistakes that come with investing in cheap properties. Join Brian Davis and Andrew Cushman, founder of Vantage Point Acquisitions, as he shares invaluable insights from his personal experiences and why cheap properties are often the most expensive. This episode is packed with real-world advice, practical solutions, and guidance on how to avoid these pitfalls, making it a must-watch for any investor looking to optimize their portfolio.

With a more selective investment strategy focusing on class B properties, Andrew shows how you can reduce risk, attract better property managers, and still achieve solid returns. His tips will guide you in making smarter decisions that minimize risk and maximize long-term success in real estate.

10 Things You’ll Learn in This Episode:  
1. The Hidden Costs of Cheap Properties
-why inexpensive real estate investments often come with unforeseen expenses that can erode your profits.  

2. Lessons from a Real Estate Nightmare
-how Andrew Cushman’s experience with a 348-unit property taught him the true cost of ""affordable"" investments.  

3. The Impact of Crime and Location
-learn why the quality of a neighborhood directly influences the success of a property.
  
4. The Role of Tenant Turnover in Profitability
-discover how high eviction rates and tenant churn affect your bottom line.  

5. The Importance of Screening Investments
-understand the criteria Andrew uses to evaluate properties and avoid costly mistakes.  

6. Class C vs. Class B Properties
-find out why class B properties in better neighborhoods often yield more consistent and profitable returns.  

7. The Challenge of Property Management in Rough Areas
-insights into why good property managers avoid working in bad neighborhoods—and what that means for investors.  

8. Minimizing Downside Risk
-how focusing on risk mitigation can lead to better investment decisions and long-term success.  

9. Breaking the Spreadsheet Illusion
-why properties that look great on paper often fall short in real-life scenarios.  

10.  Strategies for Smarter Real Estate Investing
-practical advice for avoiding the beginner traps and building a more resilient and lucrative portfolio.

Key Takeaways:
💡 Cheap properties can cost more than you think
-while they may seem like a good deal initially, cheap properties often end up draining your time and resources.
💡 Focus on quality, not price
-investing in better properties can lead to smoother operations and more consistent returns.
💡 Avoid the pitfalls of rough neighborhoods
-a bad neighborhood can make even the best properties difficult to manage effectively.
💡 Learn from others' mistakes
-Andrew’s story serves as a reminder that the best way to avoid costly errors is to learn from those who’ve already experienced them.
💡 Take a long-term perspective
-real estate investing isn’t just about short-term gains but about sustainable growth and managing risk effectively.
💡 Invest in solid partnerships
-surround yourself with reliable property managers and other professionals who are committed to the success of your investments.
💡 Refine your strategy
-over time, your approach to investing will evolve. Continuous learning and refining your strategy is the key to long-term success.

With a more selective investment strategy focusing on class B properties, Andrew shows how you can reduce risk, attract better property managers, and still achieve solid returns. The strategies and tips will guide you in making smarter decisions that minimize risk and maximize long-term success in real estate.

💥 If you're ready to take your real estate investments to the next level and learn how to make smarter, more profitable decisions, this episode is for you.

A Spent Bullet on My Desk: The Expensive Reminder of Cheap Deals

Are you dreaming of building wealth through real estate but feel constrained by your 9-to-5 job? 

In this episode, we dive deep into the inspiring journey of Vince Rodriguez, co-founder of ANVI Investments and host of the Real Estate Social Podcast. Vince has successfully scaled his real estate portfolio to over $10 million—all while keeping his full-time engineering job! Learn how he leveraged W2 income, developed strategic partnerships, and implemented time-saving systems to balance his career and investments. Whether you’re a beginner or an experienced investor, this conversation will equip you with actionable strategies to scale your portfolio, automate tasks, and maximize returns.

Discover how Vince manages properties across various rental types, including long-term, mid-term, and short-term rentals, with the help of virtual assistants and a dedicated team. Get insider tips on securing financing, raising capital, and overcoming challenges that every investor faces. Don’t miss this opportunity to gain insights from someone who’s mastered the art of real estate investing without sacrificing career stability.

8  Things You'll Learn in This Episode:
💎 1. The benefits of maintaining a full-time job while growing a real estate portfolio.  
💎 2. How to secure financing for investment properties using W2 income.  
💎 3. The step-by-step process Vince used to scale from one property to a $10 million portfolio.  
💎 4. Strategies for raising capital from family, friends, and professional networks.  
💎 5. How to implement systems and leverage virtual assistants (VAs) to save time.  
💎 6. Tips for managing different types of rental properties effectively.  
💎 7. The importance of realistic expectations and long-term planning in real estate.  
💎  8. Key considerations for balancing active management and passive income.

In This Episode, You’ll Discover:
💡  How Vince structured his portfolio ownership and raised initial capital.
💡  The role of partnerships in scaling a real estate investment business.
💡  Why W2 income is a powerful tool for getting started in real estate.
💡  The essential systems and tools Vince uses to streamline property management.
💡  A realistic breakdown of the numbers behind a $10 million portfolio. 💥

Key Takeaways:
💥  Real estate investing is accessible to anyone with a strategic mindset and a willingness to start small.
💥  Leveraging your current job can open doors to better financing options and long-term stability.
💥  Building a team—whether through partnerships or virtual assistants—is crucial for scaling efficiently.
💥  Success in real estate requires patience, persistence, and the ability to adapt to new challenges.

Take the first step toward financial freedom today! Subscribe, like, and share this video with others seeking to grow wealth without sacrificing their career.  Start building your portfolio with confidence—one property at a time!

 @LiveOffRents

Surprising Ways to Invest in Real Estate While Working Full Time

Todd Dexheimer welcomes Michael Barbarita, founder of Next Step CFO, to the show. Michael shares actionable insights on staying ahead of the competition by implementing innovative ideas and strategies that others overlook. He also delves into his Conversion Formula, five critical components of making an offer that converts, and how to apply these principles effectively in uncertain economic times. Whether you're an entrepreneur or a business leader, this episode is packed with advice to help you differentiate your business and achieve long-term success.

Key Takeaways:
1. Why doing what your competitors won’t can set you apart.
2. Understanding and applying the Conversion Formula to grow your customer base.
3. The 5 components of a compelling offer: what they are and why they work.
4. Strategies for navigating uncertainty 

Michael J. Barbarita Jr. is an accomplished entrepreneur, award-winning public speaker, and co-author with over 40 years of success across retail, manufacturing, and service companies.
After launching his career as a financial analyst, Barbarita led the retail chain Ski Town USA from $2.5 to $8 Million in annual revenue in less than five years, before launching Next Step CFO in 2007 to provide business owners withmore time freedom and more consistent profits through implementation of financial and business strategies that their competition isn’t doing!

Books:
Powerful Business Strategies By Michael Barbarita & Chuki Obiyo 
Traction by Gino Wickman

Pillars:
1. Profit 
2. Creating Value
3. Having a Road Map (Systems in Place to automate)

Connect with Michael Barbarita:
Website: Next Step CFO
LinkedIn: Michael Barbarita

Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches.

YouTube: www.youtube.com/c/PillarsOfWealthCreation
Interested in coaching? Schedule a call with Todd at www.coachwithdex.com
Listen to the audio version on your favorite podcast host:
SoundCloud: https://soundcloud.com/user-650270376
Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835...
Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ...
iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../
CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation...
Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0
Pandora: https://pandora.app.link/YUP21NxF3kb
Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

POWC # 758- Standing Out in Business | Michael Barbarita

In this episode, Dex discusses what makes a market worth investing in and the key factors to analyze before pulling the trigger on a deal. From understanding the importance of schools and safe neighborhoods to evaluating rental demand, median incomes, and growth trends, we break down the essentials you need to know to make informed decisions and maximize your returns.

Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches. 

YouTube: www.youtube.com/c/PillarsOfWealthCreation
Interested in coaching? Schedule a call with Todd at www.coachwithdex.com
Listen to the audio version on your favorite podcast host:
SoundCloud: https://soundcloud.com/user-650270376
Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835...
Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ...
iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../
CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation...
Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0
Pandora: https://pandora.app.link/YUP21NxF3kb
Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

POWC # 759 - Investing Smart: How to Choose the Right Market for Real Estate Success

Drew Whitson joins us on Pillars of Wealth Creation to discuss what is going on with interest rates and the debt markets. We dive into how interest rates plays into real estate investing strategy. Debt is a great tool in real estate if used properly, but can be a double-edged sword if not executed properly. Follow along as Drew and Dex discuss their thoughts on the market in 2025 and what smart investors are doing to be successful. 


Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches.


YouTube: www.youtube.com/c/PillarsOfWealthCreation
Interested in coaching? Schedule a call with Todd at www.coachwithdex.com
Listen to the audio version on your favorite podcast host:
SoundCloud: https://soundcloud.com/user-650270376
Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835...
Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ...
iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../
CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation...
Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0
Pandora: https://pandora.app.link/YUP21NxF3kb
Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

POWC # 760 - Navigating Interest Rates and Debt in 2025  | Drew Whitson

In this episode, Todd dissects the 4 E’s of success. His church has been doing the sermon series about encourage, engage, empower, and equip and Todd breaks down how and why those are important in your daily and business life as well. 

Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches. 


YouTube: www.youtube.com/c/PillarsOfWealthCreation
Interested in coaching? Schedule a call with Todd at www.coachwithdex.com
Listen to the audio version on your favorite podcast host:
SoundCloud: https://soundcloud.com/user-650270376
Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835...
Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ...
iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../
CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation...
Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0
Pandora: https://pandora.app.link/YUP21NxF3kb
Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

POWC # 761 - The 4 E’s to Success

In this episode, Matt sits down with Anne Michelle, an entrepreneurial mom from Santa Cruz, California, to uncover the secrets behind building a business that supports her dream life. They dive into her goal-setting strategies for success, her approach to balancing business and parenting, and how she navigates life as an entrepreneurial mom. Whether you're a parent, a business owner, or both, this conversation is packed with inspiration and actionable insights!

💥 FOLLOW ANNE MICHELLE ON INSTAGRAM
https://www.instagram.com/therealannemichelle/?utm_source=ig_web_button_share_sheet

💥 WANT MATT'S HELP WITH 1 ON 1 COACHING OR MARKETING?
https://www.serviceindustrycoach.com

💥 JOIN THE FREE FACEBOOK GROUP!
https://www.facebook.com/share/g/19NvGqf66p/

💥 EMAIL MATT- info@serviceindustrycoach.com

EP. 231 How Anne Michelle Built Her Dream Life Through Business

Brad Blake is Co-Founder and Managing Partner of Blake Griggs Properties, a private commercial real estate development and services company based in Danville, California. Mr. Blake has been involved in the development of more than $1 billion of multi-family, mixed-use and retail projects over the past 35 years. Blake Griggs Properties focuses on development, investment and operation of multi-family, mixed-use and retail projects with a typical size of $50-350 million primarily in the San Francisco Bay Area and secondarily in other west coast in-fill markets.

In this episode Brad gives us his insights into the current market and where he is currently focused to create value. Learn from one of the top leaders in the CRE Development world through this insightful podcast. 

Commercial Real Estate Development Insights & Strategies: Brad Blake (Blake Griggs Properties)

Todd talks with digital marketing guru Neil Patel. Known worldwide for his expertise, Neil shares valuable insights on how to maximize ROI, increase your business's visibility, and determine where to focus your time for the greatest impact in the digital space. He also provides tips on how to find the right digital marketing company to partner with for your unique goals. Whether you're an entrepreneur, investor, or business owner, this episode is packed with actionable advice to help you thrive in today’s digital-first world.

Book: Principles by Ray Dalio

3 Pillars:
1. Relationships
2. Health
3. Money

Neil Patel the co-founder of NP Digital. The Wall Street Journal calls him a top influencer on the web, Forbes says he is one of the top 10 marketers, and Entrepreneur Magazine says he created one of the 100 most brilliant companies. Neil is a New York Times bestselling author and was recognized as a top 100 entrepreneur under the age of 30 by President Obama and a top 100 entrepreneur under the age of 35 by the United Nations.

Contact Neil: www.NPDigital.com

Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches.

YouTube: www.youtube.com/c/PillarsOfWealthCreation
Interested in coaching? Schedule a call with Todd at www.coachwithdex.com
Listen to the audio version on your favorite podcast host:
SoundCloud: https://soundcloud.com/user-650270376
Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835...
Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ...
iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../
CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation...
Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0
Pandora: https://pandora.app.link/YUP21NxF3kb
Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

POWC # 762 - Digital Marketing | Neil Patel

In today’s episode, we’re diving into the current state of the multi-family group and exploring the intricate layers of our real estate landscape. Heidi Addo with Michel Commerical will walk us through the latest trends in submarkets and downtown areas, shedding light on the forces that are driving change in these vibrant hubs. We'll discuss what's coming onto the market, why these shifts are occurring, and what you can expect over the next year as these dynamics unfold.

Since 2019, Heidi has been an integral part of Michel Commercial Real Estate, which is a trusted multifamily brokerage in the Twin Cities. Michel Commerical has a strong reputation for extensive marketing and strong industry relationships selling over $2.4 billion worth of apartment properties. Heidi is a market expert known for staying current with the latest multifamily market trends. She leverages this expertise to assist her clients in achieving their goals and strategically positioning their properties for competitive bidding environments.

If you would like to connect with Heidi send her a message on LinkedIn www.linkedin.com/in/heidi-addo-27906b178/

Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus on business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers, and coaches.

YouTube: www.youtube.com/c/PillarsOfWealthCreation
Interested in coaching? Schedule a call with Todd at www.coachwithdex.com
Listen to the audio version on your favorite podcast host:
SoundCloud: https://soundcloud.com/user-650270376
Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835...
Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ...
iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../
CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation...
Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0
Pandora: https://pandora.app.link/YUP21NxF3kb
Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

POWC # 764 - Multi Family Trends | Heidi Addo

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. 

Todd Dexheimer, with Endurus Capital focuses on multi-family and senior housing syndication, specializing in purchasing value add apartment buildings in emerging markets. His companies currently own 4,000 units with $400mm assets under management. Todd talks openly about what it takes to run a successful business and become financially free. He talks about mistakes and lessons learned and how you can avoid the same pitfalls. Subscribe to our show and you won't be disappointed.

The Service Industry Podcast is built for business owners and entrepreneurs who are looking to go deep into learning how to grow their business. In this podcast we talk systems, marketing, growth, business development, opportunity, employees, and more. Bringing on some of the best talent in the world to share their experiences with you to help you avoid costly mistakes and to live a better life.

You don't need to be rich to invest in real estate. And you don't need to become a landlord either. In quick 5-20 minute bites, learn how to invest small amounts in passive real estate investments such as syndications, notes, and funds. We also cover how to buy properties actively if you do want to invest in real estate as a side hustle. With enough passive income, you reach financial independence — and your day job becomes optional.

Bringing top professionals in the commercial real estate industry to present insights and discuss their views on the market today. We aim to have topics that are both interesting to people new to real estate and seasoned professionals looking to enhance their practice.

New tracks tagged #RealEstateInvesting