All Forum Posts by: Seth Eaton

These market conditions signal an obvious seller's advantage. I began my real estate career in a similar seller's market, in Arlington, VA, where it just didn't make sense to invest. Sellers were regularly selling above their list price, with multiple contracts, within a weekend! It made more sense to change my marketplace altogether.

Are there opportunities for investors in Buncombe county with these current conditions? 

@Henry Clark I am intrigued by this business concept! How many of your storage containers are rented in this photo? Do construction companies use them to house their machines and equipment?

@Henry Clark  Your advice and experience is always insightful here on BP. 

Does anyone have experience with short-term borrowing from ALFIE in this market? 

@Ryan Howell Do you work with commercial or industrial real estate? If not, then would you refer an experienced, commercial agent to me? I am seeking a storage facility in your market.

Thank you for shedding more light on my original question, Henry. We need to know how much of a return on our investment (COC) to expect, under varying conditions, for this capital intensive business. The huge capital investment (higher risk) and of time necessary to acquire and stabilize a self storage business, may not be worthwhile, for example, to only earn a 10% return.

How much of a cash-on-cash (internal) return are investors in self storage realizing on class C and B properties? 

Has anyone considered the South Hill or South Boston markets?

I am sorry that we missed the Zoom call. PM me if you are interested in partnering on your storage deal.

Congratulations with this potentially bountiful discovery! Please update us later this year to share your progress, and the direction that you have taken. 

Did you find the property listed online or by driving through the area?