BiggerPockets Real Estate Podcast artwork

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

BiggerPockets Real Estate Podcast

English - June 16, 2016 06:00 - 1 hour - ★★★★★ - 16.3K ratings
Investing Business Education estate finance invest investing wealth flipping realestate rentalproperty rental property Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed


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

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