Fed Rate Cuts lead to better Self-Storage Opportunities
Monday, April 06
This is a fantastic time to be looking for self-storage. With interest rates dropping and federal incentives to boost SBA loans, there is money available for investors who want to purchase self-storage properties. The Fed just cut interest rates to between 0 and .25%. Why would you want to purc...
Learn To Be Flexible
Monday, March 30
On June 3, 1984, I reported to Philmont Scout Ranch. I was starting a summer position as a Ranger. Philmont is a ranch located in Colfax County, New Mexico. It is owned and operated by the Boy Scouts of America. It is a National High Adventure base where crews of Scouts take part in Backpacking t...
A constant in Troubled Times – Self Storage
Thursday, March 26
The coronavirus is not only deadly, it is toppling the stock market, bringing down the service industry and creating a global recession. However, there is one industry that hasn’t been affected negatively. I know that you are thinking toilet paper, but I was thinking self-storage. Self-stora...
Doing It On Your Own
Monday, February 03
In America, there’s a sort of strange legend that’s grown up around our great entrepreneurs as “self made.” NOTHING could be farther from the truth! Every time you study one of them, you realize they had built several advantages into their lives to create success. Don’t believe it? Well, let’...
Massive Passive Income?
Monday, January 13
Hello again! I want to share something interesting with you. In the last few weeks, I’ve been studying some new ways to look at self storage investing. As investors, we tend to look at big numbers – NOI, monthly profits, and – even if our facility is not on the market – CAP rates. I’ve been ...
Get Ready to DOMINATE!
Monday, January 13
Here’s a simple fact – if you are – or want to be – a real estate investor, you have to have goals that suggest a plan and a plan that compliments your goals. Yin and yang. Salt and pepper. Cookies and milk. Yet again and again, I see new investors and even more experienced ones who are missi...