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342: From Duplexes to a 64-Unit and Self-Storage Millions with Kris Benson

342: From Duplexes to a 64-Unit and Self-Storage Millions with Kris Benson

FromBiggerPockets Real Estate Podcast


342: From Duplexes to a 64-Unit and Self-Storage Millions with Kris Benson

FromBiggerPockets Real Estate Podcast

ratings:
Length:
70 minutes
Released:
Aug 8, 2019
Format:
Podcast episode

Description

From buying duplexes to a self-storage empire! Today’s guest Kris Benson sits down with Brandon and David to talk about his remarkable journey across all kinds of different real estate asset classes.Kris began with a successful sales career and explains why he transitioned into owning real estate instead. You’ll love Kris’s story about how he built a 64-unit apartment complex (in a cornfield), how he found partners to bring the project to life, and how it all started with one phone call! He also shares why he now invests in self-storage, how he evaluates properties, and why he believes this asset is recession-proof!Kris provides great advice for raising money and finding your niche, and explains his theory that “deals create deals” as he walks through his journey. This is a fantastic show full of great content.Download today!In This Episode We Cover:Why he transitioned out of a successful sales careerHow he got started with a duplex and built up to a large commercial real estate portfolioHow he acquired 20 small multifamily units—and hated itHow he built a 64-unit apartment complex from the ground upHow he got involved in a condo syndication projectHow he began finding the right partners to build multifamily projects withHis theory on “deals create deals”Why he now invests in self-storageWhere to find data on self-storage and REIT’sWhy he believes self-storage is recession-proofHow the best opportunities in his life have come from cold calls to property owners or friendsHow he learned his skillset and why he sticks to itHis advice for raising money from othersAnd SO much more!Links from the Show:BiggerPockets ForumsKris's first BiggerPockets Forums PostBiggerPockets StoreBiggerPockets ShirtsMindy's BiggerPockets ProfileBiggerPockets Money PodcastBuck ConstructionApartments.comCity Point CapitalBiggerPockets Podcast 227: From Single Family Houses to $130,000,000 in Multifamily with Joe FairlessUpWorkSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Aug 8, 2019
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.