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Creative Capital

Creative Capital Podcast 242: Why Calculated Growth Over Spitfire Scale Wins Every Time with Dusten Hendrickson

Creative Capital

Josh Ferrari

Investing, Business

51.1K Ratings

🗓️ 24 February 2023

⏱️ 57 minutes

🧾️ Download transcript

Summary

This week Josh is joined by Dusten Hendrickson! Dusten specializes in value add real estate. They discuss new development as an asset class, the most common mistakes Dusten sees with new builds. We also hear from Dusten about the "wellness design", KPI to focus on when scaling and more.

How to connect with Dusten:
How to connect with Josh:
Ferrari Capital - https://ferraricapital.com/

Creative Capital is made possible in part by our sponsors.
InvestNext is a comprehensive, instititutional grade software solution for real estate syndications that allows you to effectively and efficiently manage all phases of your real estate venture. To get started, visit https://www.investnext.com/ and use code Creative Capital for 25% off your first three months.

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to the Creative Capital Podcast.

0:08.2

You're dying to learn about how you can create wealth and real estate investing, then you

0:11.7

come to the right place.

0:13.8

Join in every week as we go over the ends and outs of real estate investing and learn

0:18.3

how you too can become financially free.

0:23.8

The same thing with wellness design, what gets you the most bang for the buck, most of

0:27.7

the stuff's the same price, honestly, it's not really even more expensive.

0:31.4

It's more about just attention to detail and design.

0:34.2

And then you're always way more occupied because everyone wants to live.

0:38.5

Their Instagram will type places and that's where everyone wants to live.

0:42.7

And then you get higher rents and your square footage is lower.

0:47.4

You can actually create a better unit with less square footage as well.

0:53.2

What's going on everybody?

0:54.2

This is Josh Ferrari, host of the Creative Capital Podcasts, once again, here with another

1:03.4

great episode with none other than Dustin Hendrickson talking about scale, we're talking

1:10.3

about growth, but we're not just talking about scale and growth, we're talking about

1:14.2

calculated scale and growth because you don't want to be trying to scale horizontally.

1:22.8

You don't want to just be going left and right and reaching for the farthest thing that's

1:28.6

like, couldn't be more further away than your primary focus.

1:32.6

Like if you're focused on multi-family syndications, you don't want to say, oh look at this tiny

1:36.1

flip over here.

1:37.1

Oh look at this short-term rental, oh look at this excellent self-storage property over

...

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