Buying 100+ Units in His First Two Years

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!

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https://youtu.be/Bp834xQN058

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A huge thanks as well to our Fire Round sponsor MACK.

MACK Investments is the nation’s longest tenured turnkey operator with over 38 years of combined experience, with its fully vertically integrated operation in the US’s most diverse economy, Chicagoland. With over 2000+ homes under management, we serve over 300+ investors across 11 different countries. Homes are priced below 200 thousand and will generate a guaranteed CAP averaging 9% that can be leveraged to achieve returns in excess of 20%.

Learn more by visiting MACKinvestments.com.

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

Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.