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Updated almost 8 years ago on . Most recent reply

User Stats

85
Posts
248
Votes
Sam White
  • Rental Property Investor
  • Dallas, TX
248
Votes |
85
Posts

First step into Self Storage

Sam White
  • Rental Property Investor
  • Dallas, TX
Posted

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.  

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