All Forum Posts by: Ryan Bittner

Hi Nicholas,

I've found a property that I think would be a good location for a self storage facility. I can figure out the build cost and I have the purchase cost but after that I don't know where to go.

There is a nearby self storage that is smaller but similar. How do I use that as a comp?

What metrics are important to figure out if this would be a good deal or not? I'm having trouble understanding how to get to the projected end profit/equity/cash flow.

Hello All!

I am currently a builder of ADU's throughout San Diego as well has high-end remodeling of custom homes and commercial projects. I'm looking to do our first 2000+ sq ft ground up residential build in the near future. In the meantime, I want to start putting my own deals together.

I have some potential partners willing to invest, and I am starting to understand what a good deal can look like. I'm writing today to see if there is anybody out there that has intimate knowledge of the entire process from sourcing the deal to closing it and rolling profits into the next deal and ideally avoiding taxes through the expenses of the next deal. I'm looking for somebody that has done this first hand multiple times and would like to mentor or partner with me in a hands-off situation for at least 1 deal. 

Don't want to rant on, so I will leave it at that for now.

All the best,

Ryan