In this episode of the Know Your Why Podcast, Dr. Jason Balara sits down with John Todderud, a multifamily investor and syndicator, to discuss his transition from a technology career to a thriving real estate business. John shares how he overcame challenges like procrastination and emphasizes the importance of networking and finding your role in real estate. With a focus on Midwest investments, he provides insights into market timing, tenant satisfaction, and the value of a long-term investment perspective. John reflects on his personal motivations, the enjoyment he finds in the real estate industry, and the need for adaptability in navigating market trends and challenges.

Key Highlights:

- Career Transition: John successfully pivoted from a technology career to multifamily real estate investing.

- Networking’s Role: Building relationships is a cornerstone for success in real estate.

- Overcoming Procrastination: Taking action is essential for breaking into the industry and finding opportunities.

- Midwest Investments: The Midwest market offers recession-resistant opportunities and stable cash flow.

- Tenant Satisfaction: Focusing on tenant needs ensures long-term success and consistent returns.

- Long-Term Perspective: Real estate success requires patience, persistence, and strategic thinking.

- Syndication Benefits: Pooling resources allows investors to participate in larger, lucrative deals.

- Market Dynamics: Understanding market trends and being adaptable are crucial for navigating uncertainties.

John Todderud’s journey from technology to real estate highlights the power of perseverance, strategic networking, and a commitment to long-term success. His insights into market dynamics, tenant satisfaction, and the Midwest’s recession-resistant opportunities offer practical guidance for both new and experienced investors. Tune in to this episode of the Know Your Why Podcast to gain actionable strategies and inspiration for building a meaningful career in real estate investing.

Get in touch with John:

Website: https://cardinaloak.com

If you want to know more about Dr. Jason Balara and the Know your Why Podcast:

⁠⁠https://linktr.ee/jasonbalara⁠⁠  

Audio Track:

Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license.⁠⁠ https://creativecommons.org/licenses/⁠⁠

Artist:⁠⁠ http://audionautix.com/