So we now have a self storage project under contract! Way to go! In last week’s Episode, we covered the first few spaces a self storage buyer goes through today to get to the finish line and either close on the project or let it go. In this Episode, we are going to...
Getting Started Series – Best Due Diligence Practices Today For Self Storage
You now have a self storage facility under contract. Congratulations. Now what? https://youtu.be/t5MjRQN9uO0 This is where it can be exciting, scary, thrilling, and the most fearful thing you have ever done all at the same time. That’s normal, especially of it is your...
Getting Started Series-Best Practices for Getting A Self Storage Deal To Stand Still
In today’s self storage business climate, reasonably priced deals don't stay on the market long. If it is a facility your are interested in, it is critical that you control that property as fast as you can. "Deal Mode" This is the second stage of “Deal Mode” as...
Getting Started Series- Self Storage Investing First Steps
Once you find a self storage deal that looks good to you as your start self storage investing, my coaching is to quickly jump into deal mode. What is important as you enter deal mode is to know the steps, or more accurately said, the spaces of a deal. As I have...
Getting Started Series – Inside Scoop On How To Created More Self Storage Deals To Look At Than You Can Imagine- 129
Let’s discuss developing your skills of getting in front of good self storage deal flow.
Getting Started Series-The Most Important Part of Your Self Storage Strategy -128
The quality of your life is a function of the questions you ask yourself. When I ask people why they are getting in the self storage business, I usually hear answers like: “It is a good sector”. “I hear it is doing well today”. I often hear...
Getting Started Series – Self Storage CAP Rates Today & How To Relate To Them
“The Market is cooling off.” “Interest rates are going up.” “CAP Rates are going up.” We hear all kinds of projections from experts about the self storage industry today. However, nothing probably the most often used and least understood financial term is “CAP...
Starting A Self Storage Business in 2016 – Where to Find Your Life Changing Magic
To experience the magic life has to offer, you only have to step out of your comfort zone. https://youtu.be/V5cncwalquA Now that can be much easier said than done, especially when starting a self storage business today. Why? Because pricing is so high, to generate the...
The Great News About Getting Into the Self Storage Business Today
“How long can this expansion of self storage last?” “Is there a self storage bubble forming now?” Those seemed to be the questions on everyone’s mind at the Inside Self Storage Convention in Las Vegas this year. https://youtu.be/E1-F4VOsrVY Here is my take...
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