– by Tim Houghten
Dennis Henson has been investing in real estate longer than most real estate experts have been out of diapers. He’s seen the market from every angle, seen it rise and dip, and rise again.
Today Dennis Henson heads up the AREA – Arlington Real Estate Association (of Investors), and the comprehensive training portal Single Family Fortunes, which has seen one student recently soar to acquiring 23 properties in just 8 months. So what’s enabled him to not only maintain success, but successfully train others to get in and win?
Here’s the inside scoop…
How did you get started in real estate?
Dennis: “A combination of moving up from living in a small house to a large one, and badly renting out the old home, and then reading ‘How To Wake Up The Financial Genius Inside You’ by Mark O. Haroldsen.”
If there is one thing you could credit your success to, what would it be?
Dennis: “Maintaining a burning desire to succeed.”
How did you make president of the Arlington Real Estate Association?
Dennis: “I started the group in order to become more knowledgeable about REI Topics. For example; probate. If I had to do a class on that subject in front of 50 to 100 people – you can bet I was going study, learn about that topic, and master it.”
What’s different about your training system from what else is out there?
Dennis: “Many of the other teachers focus on one technique for examples Short Sales or Wholesaling. The biggest difference is that my training covers all areas of REI. I call it the 5 M’s of Real Estate Investing.”
- Mining
- Money
- Maintenance
- Marketing
- Management
You have students who report achieving very significant results, very quickly. What makes the difference between them and the rest of the wannabe investors out there?
Dennis: “My training is one on one, and I am very interested in their success. There is nothing magic about my training. It is just combining knowledge with hard work. I have a system that works, if they do. ”
You have a slogan “Improving the quality of people’s lives through real estate investing” – what does that mean to you?
Dennis: “Well that is my motto. My goal in life is helping others become more successful so that they can enjoy a better quality of life. What is a better quality of life? It is being able to have the freedom to do the things you want to do, going to the places you want to go, and having the things you want to have.”
Where do you see the best opportunities in real estate ahead?
Dennis: “I believe that REI always has, and always will have the greatest opportunities for those who are willing to learn and work hard. The number one need for a human is shelter. Do you ever watch those survivor reality shows where they leave someone stranded in a jungle or on an island? What is first thing they need? Not water, not food, but shelter. It is the most basic human need, and always will be. If there is a disaster people will not be needing stocks or bonds, or gold or silver, but they will be needing shelter. So I think REI will always be a great business for my students and association members.”
Where do you see the best opportunities in real estate ahead?
Dennis: “I believe that REI always has, and always will have the greatest opportunities for those who are willing to learn and work hard. The number one need for a human is shelter. Do you ever watch those survivor reality shows where they leave someone stranded in a jungle or on an island? What is first thing they need? Not water, not food, but shelter. It is the most basic human need, and always will be. If there is a disaster people will not be needing stocks or bonds, or gold or silver, but they will be needing shelter. So I think REI will always be a great business for my students and association members.”
What’s the best strategy for those that fear the market may be in for a correction soon?
Dennis: “Buy lots of properties. When the people are not buying houses, what are they doing for shelter? Living in a cave? No, they are renting; so the rental market will be booming.”
Interested in learning more about Dennis Henson, his training, and the Single Family Fortunes he has empowered others to create? Look out for Dennis and his wife Norma at upcoming Realty 411 Expos, listen in to him speaking on Blog Talk Radio, and visit his website at SingleFamilyFortunes.com, where you’ll find a FREE TRIAL for an online app that helps you evaluate your deals faster.