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Updated almost 8 years ago on . Most recent reply
First step into Self Storage
Hey BiggerPockets!
I just wanted to drop a quick note this morning. I am at the Inside Self Storage (ISS) Expo in Las Vegas this week. (I just made my first Tweeter.) This trip marks MANY goals accomplished.
1. On the plane ride here I finished "THE Book on Tax Strategies for the Savvy Real Estate Investor" by Amanda Han and Matthew MacFarland. Great book. Must read if serious about keeping your money.
2. Over a year ago, I made the decision that I was going to acquire a self storage business within my market (Dallas/Fort Worth). I spent about a year researching the industry and walking properties. Back in October, 2016, My business acquired its first storage facility (80 units). I will do a separate post with numbers and deal info soon.
3. I left corporate life over a year ago, and I am still alive! I used to travel every other week in B2B sales. I loved it for a while, but it started interfering with my life and the things I truly cared about. I love traveling. But on my terms, of course. I told myself, "one day I will travel because of MY business. By my choice." Now, using the cash flow from a good investment to fund a trip out here to learn more about real estate.
I learned so much and continue to learn everyday in my single family and small multifamily investments.