Follow up on Podcast Episode 179 with Dale Hensel

[Rick Davis]

So last Thursday I met with Dale Hensel for a couple of whirlwind hours and he definitely lived up to his reputation for high intensity.

We talked about a property that I am acquiring and he gave me some great points to ponder. Next we talked about his current goal of acquiring and / or building assisted living facilities. Dale really has this niche figured out. We reviewed numbers and I am more than impressed. It is obvious that he has worked out the specifics and is not going into this hoping that it will work out. 

We went to a local builder to look at some building designs and I am certain that excellent facilities can be provided to under served markets with a minimum of difficulty. There is huge opportunity here. I have to admit that Dale has me seriously considering Assisted Living Facilities as an alternative to multi-family properties. The return on investment and the growing demand for the facilities are hard to ignore.