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Updated almost 2 years ago on . Most recent reply

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Alfath Ahmed
  • Real Estate Agent
  • Columbus, OH
929
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814
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How do you go about finding your self-storage facility deals?

Alfath Ahmed
  • Real Estate Agent
  • Columbus, OH
Posted

I am multi-family investor in the Columbus, OH market. I primarily find most of my deals through cold-calling skip-traced lists, pocket listings, wholesaler found deals, and through my sphere of influence. Recently, I've been really interested in the concept of self-storage facilities. 

I started looking on LoopNet and cold-calling. I have been learning a lot and its interesting to see how self-storage facilities are based on NOI and Cap Rates. I am trying to find self-storage facilities in Ohio or in a nearby state like West Virginia, Kentucky, Indiana, etc. Do you guys have any advice on going about finding these self-storage facility deals?

Most Popular Reply

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164
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Michael Margarella
  • Investor
  • New York City
75
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164
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Michael Margarella
  • Investor
  • New York City
Replied
Quote from @Alfath Ahmed:

I am multi-family investor in the Columbus, OH market. I primarily find most of my deals through cold-calling skip-traced lists, pocket listings, wholesaler found deals, and through my sphere of influence. Recently, I've been really interested in the concept of self-storage facilities. 

I started looking on LoopNet and cold-calling. I have been learning a lot and it's interesting to see how self-storage facilities are based on NOI and Cap Rates. I am trying to find self-storage facilities in Ohio or in a nearby state like West Virginia, Kentucky, Indiana, etc. Do you guys have any advice on going about finding these self-storage facility deals?

Sounds like you got the system down!  Direct to owner outreach, broker relations, wholesalers, and listed deals. 

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