Self Storage LP deal

[Reden Dionisio]

Investment Info:

Other commercial investment investment in Miami.

Purchase price: $800,000
Cash invested: $50,000

Limited Partnership on a Self Storage value add near Austin, Texas.

What made you interested in investing in this type of deal?

No toilets, No tenants.

How did you find this deal and how did you negotiate it?

A fellow Active Duty Navy brought this to me.

How did you finance this deal?

Own Money

How did you add value to the deal?

Added additional storage units and portable storages. Climate controlled units.

What was the outcome?

First LP deal completed.

Lessons learned? Challenges?

Challenges was mainly mindset. Lesson learned was to always ask questions if you’re unsure or need clarification.