342: From Duplexes to a 64-Unit and Self-Storage Millions with Kris Benson
Play • 1 hr 4 min

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.

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In This Episode We Cover:

  • 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:

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