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26 October 2018 | 28 replies
My goals are to:- Complete my first deal before the end of 2018- Take @Brandon Turner surfing here in NJ- Use stack method to grow my portfolio- Own one storage facility in my lifetimeI’m looking to make friends and partnerships here.
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11 September 2018 | 2 replies
I want to approach him with 2-3 different offers so he sees I am trying to work with him. 7 Unit Building 2 Bed Room (owners unit) worth $4,000.00 a month2 Bed Room ($3,950.00 current rent) worth $4,200.00 a monthStudio ($1,850.00 current rent) worth $2,400 a monthStudio ($2,000.00 current rent) worth $2,300 a monthStudio($1,600.00 current rent) worth $1,800 a month 1 Bed Room ($3,000 current rent) worth $3,300 a month1 Bed Penthouse ($4,300 current rent) worth $4,700 a monthPotential for garage rental, Storage, and Laundry as wellCurrent Income $16,700 Potential Income $22,700 I know that the gentlemen likes to spend the weekends in his apartment and I want to give him an option for him to stay for a few years to make the deal interesting.
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24 October 2018 | 12 replies
Hi fellow BP: Any recommendation/contact for Houston local/regional banks to finance a self storage facility purchase?
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4 September 2018 | 1 reply
From what I’m hearing, they even started living in it (I don’t live in the area so I need to get my butt down there this weekend).I sent them a letter on the 28th of AUG letting them know they aren’t to be occupying that area as it’s my storage and it’s not permitted by the city for occupying and their contract is only for the top unit.
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9 September 2018 | 10 replies
Expanding also includes building new teams abroad so that would be up to the investor to take on that task.Diversify in other asset classes whether being A/B or investment types like Short Term rental, self storage, mobile home parks or even building and development.
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11 September 2018 | 42 replies
I could hold out while doing some additional value adds (storage units, rubs, ect.) and really lean it out or go for a LOC now.
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8 September 2018 | 30 replies
You can even diversify across asset classes - think MF, self-storage, mobile home parks, office space, etc - AND geographic location.One limiting factor though is whether you are accredited or not.
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13 June 2019 | 3 replies
For me it's continuing to develop a new partnership with a self storage deal sponsor I'm investing with.
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27 August 2020 | 3 replies
He helps out with the trash and keeps an eye out, so I was cool with leaving him alone while I concentrated on the other units.It was okay till I finished renovating a couple of the other units and created storage and laundry in the basement, where their studio apt is.
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27 May 2019 | 1 reply
Manage the hell outta this thing (trim fat, milk it, produce fruit, etc...), save.