All Forum Posts by: Cal Hollow

I'm new to the commercial side of investing, and have been researching and doing my homework on Self-Storage facilities. I had talked to a few guys in my local area and tried to pick their brain to see how they liked this side of investing and running the business of self-storage facilities that they have, and was under the impression that they didn't want to let anyone in on their experience with owning and running them. I shut down the topic and avoided asking anything else after I felt they didn't want to go in-depth. So, that's what brought me here. I'm just looking to connect with someone that has some experience in the self-storage side of things from the ground up or with the purchasing of one. I'm very willing to offer something to them on any level that I can best help them, I'm definitely not expecting handouts or to not hold up my end of the bargain. I appreciate it, and would love to learn more about this. Thanks!

I'm currently in a situation where I can see there are a few different opportunities and I'm looking for some guidance or thoughts on what could be beneficial for me. I currently have a permanent residence where I have lived for two years plus, and would no longer have to pay capital gains where I am at on any profit under $250,000. I bought my house for $149,000 and currently only have $125,000 left to pay off. I have a few offers for my house from anywhere from $300,000- $350,000 with legitimate buyers. My thoughts are if I sell it, it would be a great jump start on my rental portfolio and will give me money to work with towards investments. However, I could also get a Heloc loan and use my equity to buy my next investment property and still be able to reside in my primary for another year or so. I'm new to the real estate investment side of things and am really hoping I could get some feedback on what other people might do in this situation and give me a little confidence on choosing one side over the other. Thanks in advance, really do appreciate it!