Even when I google climate controlled self storage in Louisiana but all the big operators all the images are multiple stories. of course it's possible to build climate control one story, institutional level development is different than individual.

As someone who works in private equity/private credit, I can attest to the fact that they are major players among the large institutional investors.I work as a fund accountant and performance metrics are a large part of what I do.

During the past 10 years, we have worked with a variety of large institutional clients in all phases of SFR including: acquisition/disposition, renovations, leasing and management.However, Auben's model is deeply rooted in a strong local presence in each market.Our goal is be local, while also offering an institutional grade service and back-end support.I am excited to welcome two new divisions into the Auben ecosystem as of January 2024, Auben Capital Partners and Auben Development.

It's some BS thing instituted by banks so they can collect interest for a few days. 

A lot of opportunities to buy aged C-class homes at 8, 9, 10 caps.Small investor expense ratios are 40%.Large operator expense ratios are 37/38 %.Large platforms/institution expense ratios are 33/34%Big benefit of blanket insurance policies is to drive costs down.A lot of BFR is looking for a bridge product for 2 years to hope rates get back down in the 5% range.Cannot use HPA on BFR communities you plan on selling based on cash flow.5-18% rental premium being achieved based on new construction communities compared to new construction scatter sites.For real time comps go to biggest operators BFR, small multifamily.More confidence about the cost of construction having stabilized.Some products which will not be good for retail buyers will also not be good for rentals.

I vividly remember the countless hours spent driving to and from remote locations in rural Manitoba, alternating between early BP podcasts and Jim Rohn recordings.Over the next two years, I adopted an extremely frugal lifestyle, enabling me to achieve a 75% savings rate, sold my custom truck for a used Toyota, traded my new home in the burbs for a duplex (house-hack) in a challenging neighbourhood of Winnipeg where attempted break-ins were commonplace.

Purchase price: $58,000,000 Cash invested: $74,000 I am a LP in a group fund that bought three large, institutional properties.

Purchase price: $58,000,000 I am a LP in a group fund that bought three large, institutional properties.

Mcallen has been named top three safest cities in the US. https://smartasset.com/data-studies/safest-cities-in-america...Edinburg which is also located out here has a university that just adopted a football program that starts in Fall 2025.

Letter from my banker of 25 years explaining how many deals we have done in the last 10 years and average balances carried in their institution.4.