All Forum Posts by: Wade Stahle

Has anyone used the company? Based out of New Hampshire. About to do a refi with them. Want to make sure they are legit. Website below

https://snhcommercialfinance.c...

that's why I am asking the question :)

I am building a 10-plex. I plan to make a unit ADA compliant. Since it costs more to build, am I allowed to charge more for the unit? My other non 1 bedrooms will rent for $950. What would be fair to charge for this?

Capital, funding, funds, money.... :) I have a niche construction market i'm in. I self fund all my projects. Make over 20% return and still cant get a bank to give me a spec loan. Have done 8 successful ones in 2 years 

Investment Info:

Other commercial investment investment.

Purchase price: $284,500
Cash invested: $20,000

Self-storage facility. 64 units

What made you interested in investing in this type of deal?

Cash flow

How did you find this deal and how did you negotiate it?

Facebook

How did you finance this deal?

Owner finance. $20k down. 15 years. 5.5% interest

How did you add value to the deal?

I am making it self-automated

@Charles Kao who are you guys finding has the best insurance for a storage facility? I am getting quoted over $4000 a year for 7300 square feet

@Charles Kao I'm all signed up with easy storage solutions. I can attest to their customer service. Top notch. Just waiting for my davinci locks and I'm good to go

@Brandon Hobbs Have you ever built a storage facility? What was the cost per square foot?

additionally, what is the cost?

Thanks Charles, does this software enable tenants to sign up for a unit online and also pay online?