Building A Competent Team And Finding Opportunities In Distressed Properties With John Todderud

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John Todderud established Cardinal Oak Investments to provide chances for reliable, long-term investments in the most dependable kinds of real estate, multifamily apartments. Working with other seasoned professionals, he forms real estate syndications to invest in apartment buildings in areas with potential for expansion in the U.S. His history of software development, managing technical teams, and implementing large software projects at Fortune 500 companies enabled his triumph in real estate.

Tune in to this episode as John provides valuable insights into real estate investing for both newbies and experienced professionals alike!

[00:01 - 01:23] Opening Segment

• We welcome, John Todderud!
• John ventured out to invest in the Carolinas and now focuses on the Midwest

[01:24 - 22:12] Building A Competent Team And Finding Opportunities In Distressed Properties

• The challenges and success of syndication
• How he founded Cardinal Oak Investments
• Syndication is a popular route for real estate investment
• Underwriting and understanding what makes a good deal are crucial skills for successful real estate investment

[22:13 - 28:40] THE FINAL FOUR

• What's the worst job that you ever had?
  • Consulting in the IT industry
• What's a book you've read that has given you a paradigm shift?
  • “Living with a SEAL” by Jesse Itzler
• What is a skill or talent that you would like to learn?
  • Playing the piano
• What does success mean to you?
  • John says, “Success is to have personal freedoms to do what I choose, support the causes that I choose, and know that my family is comfortable.”

Connect with John Todderud:

Website: Cardinal Oak Investments

LinkedIn: John Todderud

Instagram: John Todderud

Facebook: John Todderud

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Tweetable Quotes:

“You have to know how to build relationships because you're not going to do it all yourself. You're not going to be able to take it all on. And you have to have competent people.” – John Todderud

“They're critical. You have to find the right people.” – John Todderud

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