Articles

In this email, we’re going to unpack one of the most important metrics you’ll find in real estate: NOI. NOI stands for NET OPERATING INCOME — and you’ll use this measure throughout your career, so you better get familiar with it. The podcast episode last week about my trip to Raleigh to get together with a group of entrepreneurs was […]

I was lucky enough to spend the weekend with some very successful people. My friend Shaan Puri put together a group of 24 entrepreneurs, rented a few big Airbnbs and scheduled a chef and rented a basketball court in Raleigh NC. There were a few billionaires and famous people. A handful of folks with companies […]

So you’re ready to put together your first deal. You’ve got your playbook mapped out: buy property, increase NOI or roll-up, create value — and profit. But you can’t source debt cheap enough (or enough of it) to get a deal done. In comes seller financing, discussed below. A quick sponsor note: As you know, […]

I started sharing everything about my life and business on The Sweaty Startup podcast in December of 2018. On last week’s episode of the that podcast I talk about how the wealthiest folks I know got their start. Hint – it isn’t the way you think it might have happened. Check that out here. Back to […]

So you’re ready to put together your first deal. You’ve got your playbook mapped out: buy property, increase NOI or roll-up, create value — and profit. In this email we’ll discuss the almighty tool – leverage – and how it can both help and hurt you. On last week’s episode of the Nick Huber Show […]

I love breaking down my deals and sharing real estate principles. Giving people a window into my world demystifies the process of purchasing and managing real estate. I love it when the light bulb turns on and something clicks. To help more of those light bulbs go off the next few weeks, I’m going to […]

Hey Reader, Many of the wealthiest people in our country earn millions of dollars per year and pay almost nothing in taxes. How? They invest in real estate and utilize “depreciation” to offset their cash gains from real estate and other businesses. I personally made a good amount of money last year, but ended up […]

Today’s newsletter is a look at how I communicate with our partners and investors. I’m including an edited version – mostly formatting to make this more readable — it was sent out as a PDF on company letterhead. A lot has changed since we did our very first deal in Ithaca. In the early days, […]

Rates are going up. The equity markets are volatile. Growth stocks are getting hammered. A lot of uncertainty and fear in the markets. What does it mean for self storage and real estate as a whole? I see this playing out one of two ways. Back to the state of the market. As you know, […]

Hi there – it’s story time. But before we dive in, check out this interview I did with Chris Powers, who acquired over $290 million worth of real estate in 2021. We discuss our 2022 predictions for real estate, interest rates and the economy.Link to Spotify and Youtube here. Now let me tell you about the wealthiest guy I know – […]