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BiggerPockets Real Estate Podcast

179: Doing the “Impossible” by Buying 100+ Units in His First Two Years with Dale Hensel

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 16 June 2016

⏱️ 72 minutes

🧾️ Download transcript

Summary

What stops most people from achieving massive success through real estate? Money? Cheap properties? Knowledge? According to our guest today, it’s fear. That’s why we’re excited to introduce you to Dale Hensel, an investor who’s done everything from single family to multifamily to notes and a LOT more. You’ll be amazed at the simple way Dale used his “ignorance” that something should be hard to build several large, successful businesses — including one real estate company he took public! In This Episode We Cover: Dale’s very first house that he bought in 1996 How hitchhiking led him to figuring what he wanted How he achieved 250 apartments in two and a half years! The need for being confrontational in this business The cool story of how he got started as a landlord How he added multiple properties just because he has no money What exactly a “wrap” is The 3 important pieces of paper in a real estate transaction The benefits of not knowing what’s “impossible“ The difference between performing and non performing notes A discussion about his public company And SO much more! Links from the Show BRRRR Calculator Books Mentioned in this Show Rich Dad Poor Dad by Robert Kiyosaki The 4-Hour Workweek by Timothy Ferris The Millionaire Fastlane by MJ DeMarco Tweetable Topics: “I didn’t know that it was supposed to be hard or impossible, so I bought 250 apartments.” (Tweet This!) “I don’t have a filter that says ‘Well, they did it, I can’t.” I have filter that says, ‘If they did it, so can I.'” (Tweet This!) “Take measured, gentle risk until you can push yourself a little further, and realize that you can go a lot further than you ever thought!” (Tweet This!) Connect with Dale Dale’s BiggerPockets Profile Dale’s Facebook Page Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the Bigger Pockets Podcast,

0:02.0

Show 179.

0:04.0

And so I didn't know that it was supposed to be hard or impossible,

0:08.0

so I bought, I had like 250 apartments running around being a landlord.

0:11.0

It was a lot of work and then I really somebody said oh you can't do that.

0:15.9

You're listening to bigger pockets radio. Simplifying real estate for investors large and small.

0:22.2

If you're here looking to learn about real estate

0:24.2

investing without all the height, you're in the right place. Stay tuned and be

0:29.2

sure to join the millions of others who have benefited from BiggerPockets.com.

0:34.0

Your home for real estate investing online.

0:37.0

What's going on everybody?

0:38.0

This is Josh Dorkin, host, the BiggerPockets podcast,

0:41.0

here with my co-host Mr Brandon Turner.

0:43.7

Hey, what's going on man?

0:44.8

Not much how you doing?

0:46.1

I'm good how you doing?

0:47.3

I'm all right did you see the mark on my face check this out I'm gonna come

0:49.9

towards the camera do you see see right there and right here?

0:53.0

Dude, you were born ugly.

0:56.0

What are you trying to show me?

0:58.0

I got mailed in the face today by my buddy we were playing rock a ball.

1:01.0

It whacked me right in the face.

...

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