Your Renter may have not paid for two years and now had to start at the rate from three years ago...insane stuff. 

I have heard interest rates are quite high there. 

A good property manager can bring you quality renters that pay market rate.

You can get an LLC but you will get better rates if you purchase the investment in your name.

Interest rates and high purchase prices are pushing a lot of people away from buying.

Great time to expand values are high, rates are going to start to fall again in the next 60-90 days.

Is it true when underwriting small storage facilities that you should use a high cap rate between 12% - 15%?

Share your assumptions below for a tailored model and insightsNeeded: Rent, Rental Growth, Occupancy, Interest Rate, Loan Amount, Property Tax, Maintenance Expenses, Purchase Price, sum of all Closing Costs (including commission), HOA Fees, and Renovation Costs.

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You can get up to 75% of the value, but you can get a lower interest rate if you only take out 50 or 60% of the value.