The Best Ever CRE Show JF3071: The Art of Multifamily Development ft. Dusten Hendrickson
Jan 31, 2023
20:11
Dusten Hendrickson is the president of Mailbox Money Real Estate, which finds land and creates a vision for it — usually a multifamily project. In this episode, Dusten shares what drew him to multifamily development, why being a developer requires more vision than strategy, and why he recommends starting with a small project before scaling.
Dusten Hendrickson | Real Estate Background- President of Mailbox Money Real Estate, which finds land and creates a vision for it — usually a multifamily project.
- Portfolio:
- GP of 888 units
- LP of 2,034 units
- Based in: Brookings, SD
- Say hi to him at:
- Greatest Lesson: Growth without scaling leads to one step forward and two steps back. You need to learn to scale before you grow so your growth doesn’t lead to overwhelm, burnout, failure, and eventually bankruptcy. Hard work doesn't equal results. There’s much more to it, and that’s why we have to be open-minded and continue to learn.
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