Hi BP Community,Most of my experience has been with syndicating larger apartment complexes, so I'm relatively new to the senior assisted living asset type. My team and I have identified a portfolio of senior assisted ...
I have the opportunity to but a self storage development site for next to nothing, but I know nothing about this type of business. Anyone here built one before? This one is climate controlled, 60k sqft with 500 uni...
Earlier this month my partners and I purchased our first self storage facility and we are in the process of turning it around now! We had a question related to entry system (gate ect…) and I figured this forum could p...
Hello guys,If I own a property and use it as a licenced (Residential Assisted Living) business, can I write off my property depreciation? Can I legally rent it to myself through a separate entity and write that off as...
Hi! While looking for investments, we have found a small mini-storage (self-storage) facility for sale, but it is over 2 hours away. It is not large, and there is no fence. I hear a lot of talk about managing from a d...
If an existing mini-storage facility is named Madison Storage and I open a maxistorage facility down the street and named it Madison Storage Garages (and the Secretary of State approved our business's name), can the e...
Hi BiggerPockets,Hoping I can get some help analyzing a deal on storage units, since my niche has primarily been in smaller multi-family units. 2 questions:1. How do you find out about an area you're unfamiliar with?2...
I thought I would post the link to my most recent blog article here. It includes a VERY brief (and entirely incomplete) description of what it takes to be successful in real estate. It also links to a case study deta...
Hey BP, I am looking at a purchase a 24 unit building - It is brand new build, it's a 29,000 square foot facility. I am getting it for a good price. Originally created to be an assisted living facility, the team membe...
I have an accepted agreement for a storage unit facility under my company. A regional businessman is interested in joining this venture. I approached him regarding a possible management agreement (they have storage un...