This is the second in a series of episodes exploring the world of raising investment capital for those of you wanting to use other people’s money to get in and grow your self storage business. Last...
This is the second in a series of episodes exploring the world of raising investment capital for those of you wanting to use other people’s money to get in and grow your self storage business. Last...
In the next few episodes, I will go into a little more detail than I have in the past about how we have raised investment dollars to buy self storage. I do not consider myself an expert, and I am just...
Over the years, I have shared how I use other people’s money to grow a self storage portfolio. For the most part, it has worked well and been a true win-win. Investors get above-market returns with the safest real estate asset as security generating it, and my team...
No doubt about it, 2020 is a year of totally new territory for the self storage industry, and that goes for self storage lending as well. We are currently working on three loans, getting ready to close on them, and it has been a journey. CMBS We are not doing any CMBS...
I have had a few people ask me how a 1031 tax-deferred strategy can support them as they create their self-storage business. I just assumed everyone knew about 1031 exchanges, but I realize that unless you have a real estate background, how could you? One of the...
We are all hearing about the rising interest rates, right? Well, let’s discuss it in relation to you getting in the self-storage business or growing your self-storage business. The current loan environment, in historical terms, is still in good shape. Interest rates...
So you've decided to invest in self storage. You know the benefits of self storage over other types of real estate. If you need more information about those benefits, click HERE. Now the decision is how and where to invest. This is assuming that you don't want to be...
Many of us in the self storage business work with investors. We use their money to buy self storage, and give them returns on their money in exchange for the use of it. We often agree to return all their money within a certain time period plus any unpaid "Preferred...
I have learned so much more from the investors who work with us than they ever have from me. Much of it I shared last week in Episode 112. I discussed some of the metrics, benchmark numbers, and issues I’ve learned our investors are interested in. If you put yourself...
The number one area of interest for people that reach out to me is how to work with investors to raise capital for self storage facilities. I attract those type of question so often, I wrote about it in my book Creating Wealth Through Self Storage. At that time, I...