cover of episode 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

Publish Date: 2019/8/8
logo of podcast BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

Frequently requested episodes will be transcribed first

Shownotes Transcript

    <p>From buying duplexes to a self-storage empire! Today’s guest <strong>Kris Benson</strong> sits down with Brandon and David to talk about his remarkable journey across all kinds of different real estate asset classes.</p><p>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!</p><p>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.</p><p>Download today!</p><p><strong>In This Episode We Cover:</strong></p><ul>
  • Why he transitioned out of a successful sales career
  • How he got started with a duplex and built up to a large commercial real estate portfolio
  • How he acquired 20 small multifamily units—and hated it
  • How he built a 64-unit apartment complex from the ground up
  • How he got involved in a condo syndication project
  • How he began finding the right partners to build multifamily projects with
  • His theory on “deals create deals”
  • Why he now invests in self-storage
  • Where to find data on self-storage and REIT’s
  • Why he believes self-storage is recession-proof
  • How the best opportunities in his life have come from cold calls to property owners or friends
  • How he learned his skillset and why he sticks to it
  • His advice for raising money from others
  • And SO much more!

  • Links from the Show:


    Learn more about your ad choices. Visit megaphone.fm/adchoices