In this solo episode of Pillars of Wealth Creation, Todd Dexheimer explains what needs to happen after a property goes under contract, emphasizing that success depends on executing thorough and disciplined due diligence. He highlights starting with a detailed letter of intent and checklist, then verifying key financials—especially reviewing updated rent rolls to ensure they are accurate and reflect the true performance of the asset.
Todd stresses the importance of slowing down and digging into both documentation and the physical property—reviewing maintenance logs, insurance, taxes, and contracts while also walking every unit and inspecting major systems like plumbing, roofing, electrical, HVAC, and sewer lines. His core message is clear: take the time to carefully evaluate every detail upfront to avoid costly surprises later.
Interested in coaching? Schedule a call with Todd at www.coachwithdex.com
Connect with Pillars Of Wealth Creation on Facebook: https://www.facebook.com/PillarsofWealthCreation/
Subscribe to our email list at www.pillarsofwealthcreation.com
Listen to the audio version on your favorite podcast host:
SoundCloud: https://soundcloud.com/user-650270376
Apple Podcasts: https://podcasts.apple.com/us/podcast/pillars-of-wealth-creation/id1296372835?mt=2
Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5zb3VuZGNsb3VkLmNvbS91c2Vycy9zb3VuZGNsb3VkOnVzZXJzOjMzNTY2Mjc4NC9zb3VuZHMucnNz?ep=14
iHeart Radio: https://www.iheart.com/podcast/pillars-of-wealth-creation-28651794/
CastBox: https://castbox.fm/channel/Pillars-Of-Wealth-Creation-id1070576?country=us
Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0
Pandora: https://pandora.app.link/YUP21NxF3kb
Amazon/Audible: https://music.amazon.com/podcasts/f6cf3e11-3ffa-450b-ac8c-025f1a1a9962