Season 1 · Episode 99
Contractors to Cashflow: Build Wealth with Rentals with Cody Stegeman
Hard Hat to CEO with Chris Gilman · Chris Gilman
July 17, 202538m 2s
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Show Notes
What if all those long days on the job site could actually help you build real wealth? In this episode of Hard Hat to CEO, Chris G chats with Cody Stegeman, a former contractor from Minnesota who’s now making a living through real estate. Cody shares how he went from swinging a hammer to flipping homes and owning rentals that bring in steady income. They talk real numbers, real stories, and what it actually takes to get started. If you’re a contractor who wants to make your money work for you (instead of working harder), this episode is packed with helpful advice.
Connect with Cody:
IG: https://www.instagram.com/codystegeman/
Episode highlights:
(0:00) Intro
(1:15) Cody’s path from contractor to investor
(2:35) Flipping houses with a partner and sweat equity
(3:45) Transitioning from flips to rentals
(5:43) Rent or sell? Making smart exit decisions
(6:35) Rent-to-own pros and cons
(8:13) Budgeting and managing properties like a CEO
(11:36) Using refinancing to scale faster
(13:34) Building a real estate team
(14:47) Expense ratios and what contractors often forget
(17:11) The power of tax advantages in real estate
(18:57) Finding deals through wholesalers
(22:55) Scaling up with the right strategy and staff
(26:51) Why small multifamily can be smarter than big deals
(31:30) Renting vs flipping
(33:52) First steps for contractors to get started in real estate
(36:52) How to connect with Cody for advice or help
(37:41) Outro
Connect with Hard Hat to CEO on:
Facebook: https://www.facebook.com/share/g/1BrHqc3wdF/
Instagram: https://www.instagram.com/hardhattoceo/
LinkedIn: https://www.linkedin.com/in/dcgilman/