Greetings,
1.5 years ago I was able to purchase 2.5 acres of land free and clear by taking a mortgage out on my home. I built a 254 unit state of art self storage facility which we are at 90% full. My avera...
Primarily do Self Storage. As I have looked around several cities, I have come across Industrial Flex, Contractor Garages and Contractor Incubator buildings.We have 4 acres set aside on a 4 lane road with 15,000 Vehi...
Ok guys, this may be kind of a strange post. So I am an active (full time agent) real estate broker in Alabama. I have flipped countless houses. I own a pretty big portfolio of single family and small apartment comple...
I have a tenant who was on month to month. They violated the lease by smoking several times. I gave them written notice to vacate in 30 days. The tenants complied but left behind garbage and large furniture. They ...
How do you determine what to offer for an underperforming asset such as self storage? Do you pay based on a cap of what the property is currently generating or based on what it could generate after you put your effort...
When flipping a commercial building (not a live-in property) do you do rehabs or is it more of a wholetail type of transaction?
I’m looking at investing in a storage facility but would like some input on the numbers. 160 units mixed climate & non climate control40 rv/boat spotsGross rent(includes uhaul) 220,000Expenses 129,000NOI 81,000The...
Dear fellow investors,I am buying a self storage facility and I am considering a few options. The facility has 200+ units of existing facility and a potential 500+ unit expansion plan. Option 1: CMBS 40% down payment,...
As we close out on 2022, take a bit of time to reflect on the year and set expectations/goals for next year. 2022 was a wild year for real estate investors with the huge increase in interest rates throughout the year....