POWC # 860:From 150 Flips to 252 Duplexes: How Not Overpaying Drives Success | Ryan Cadwell

In this episode of Pillars of Wealth Creation, Todd Dexheimer sits down with Ryan Cadwell of Resolute RDM to discuss his evolution from flipping over 150 single-family homes to taking on larger development projects. Ryan shares how his early experience in flipping and the relationships he formed helped him build the foundation for his current project—a three-phase development of 252 duplex units in partnership with a local city. Todd and Ryan dive into the lessons learned along the way, including the importance of not overpaying for properties. Ryan also shares best practices for working with cities and contractors, emphasizing clear expectations, partnerships, and strong communication to keep projects moving forward. They wrap up by discussing key warning signs investors should watch for—moments when it’s better to slow down and reevaluate a deal rather than push forward. This episode is packed with practical insights for investors looking to grow while avoiding costly mistakes. Favorite Book/s: How to Live: A Life of Montaigne by Sara Bakewell and River of Doubt: Theodore Roosevelt’s Darkest Journey by Candice Millard Pillars of Wealth Creation 1. Know what you want 2. Know why you want it 3. Make sure the quantity of no’s equals the quality of your yes’s Ryan Cadwell is a Principal and Partner at Resolute RDM, a real estate investment, brokerage, and property management firm based in Indianapolis. With over 17 years of experience, he has built a strong track record in value-add investing, syndications, and development, including flipping more than 150 single-family homes and leading large-scale residential projects. Ryan holds the Certified Property Manager (CPM®) designation and is a CCIM® candidate. He is known for his disciplined, relationship-focused approach and his ability to create long-term value for investors and communities. If you would like to connect with Ryan, connect with him through LinkedIn https://www.linkedin.com/in/ryancadwell or at https://resoluterdm.com/ 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...