How I Analyze Self Storage Opportunities Today

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Creating Wealth Through Self Storage

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Here is a video I did on how to analyze expansions in Episode 210.

Expansions are still a major way I, and the people I work with, are using to get into the self-storage business.

But a lot has changed since I first recorded this episode.

And yet, a lot remains the same.

Let’s take a look together at my past self. My current self will share what is different today and what numbers I am currently using.

Now, as a cautionary disclosure, these are just numbers I am using, and one thing I know is your numbers will (or could) be different.

But remember, these are my preliminary proforma numbers to see if a deal will work.

During the due diligence, I validate the assumptions with real numbers from contractors and a feasibility report.

Let’s look at the changes that have occurred since Episode 210.

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How Mark approaches finding, analyzing and getting into self storage, in three short videos.

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Cap rate, NOI, ROI and IRR basics, how to analyze expansions and conversions, and Mark's free guide, videos and worksheet, all in one place.

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