JF3071: The Art of Multifamily Development ft. Dusten Hendrickson

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 31 January 2023

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dusten Hendrickson is the president of Mailbox Money Real Estate, which finds land and creates a vision for it — usually a multifamily project. In this episode, Dusten shares what drew him to multifamily development, why being a developer requires more vision than strategy, and why he recommends starting with a small project before scaling. Dusten Hendrickson | Real Estate Background President of Mailbox Money Real Estate, which finds land and creates a vision for it — usually a multifamily project. Portfolio: GP of 888 units LP of 2,034 units Based in: Brookings, SD Say hi to him at: mailboxmoneyre.com Facebook YouTube Greatest Lesson: Growth without scaling leads to one step forward and two steps back. You need to learn to scale before you grow so your growth doesn’t lead to overwhelm, burnout, failure, and eventually bankruptcy. Hard work doesn't equal results. There’s much more to it, and that’s why we have to be open-minded and continue to learn. Join the newsletter for expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: MFIN CON |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Did you know that within a decade women will hold $30 trillion in investable assets?
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1:05.0	Quick disclaimer, the views and opinions expressed in this podcast are provided for informational purposes only and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action.
1:18.0	For more information go to best ever show.com.
1:22.0	I think real estate is pretty bulletproof as far as you don't have to be a genius like in the tech world to make money you got to be pretty smart. Real estate you just have to be patient and you got to save up some money invested in it and it just seems to always
1:34.8	work out if you pick good locations.
1:37.0	Welcome to the best ever show, the world's longest running daily commercial real estate
1:41.6	podcast. Our hosts interview commercial real estate podcast.
1:42.8	Our hosts interview commercial real estate experts every day
1:46.2	to get you the best advice ever with none of the fluffy stuff.
1:49.8	Best ever listeners.
1:50.8	Welcome to the best real estate investing advice ever show. I'm
1:54.3	Slocum Reed and I'm here with Dustin Hendrickson. Dustin is joining us from
	...

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