Best Real Estate Investing Advice Ever With Joe Fairless

JF 3917: In-House Property Management, Midwest Rent Growth, Floating Rate Fixes ft. Todd Dexheimer

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Synopsis

On this episode of the Best Ever CRE Show, Joe Fairless interviews Todd Dexheimer, a multifamily syndicator and co-founder of Endurus Capital. Todd shares his insights on the steady performance of Midwest markets, emphasizing consistent rent growth and limited new construction compared to Sun Belt markets. He discusses the decision to bring property management in-house due to inefficiencies with third-party managers, and explains how his team structures roles for maximum efficiency. Todd also walks through a recent heavy value-add project featuring trendy amenities and breaks down how his team strategically negotiated with lenders to navigate challenges tied to floating rate debt. Todd Dexheimer Current Role: Co-founder, Endurus Capital Based in: St. Paul, Minnesota Say hi to them at: todd@enduruscapital.com or enduruscapital.com Get a 4-week trial, free postage, and a digital scale at ⁠https://www.stamps.com/cre⁠. Thanks to Stamps.com for sponsoring the show! Post your job for