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

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

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