Category: Deal Breakdowns

Deal breakdown – a home run storage deal and a $2.6 million cash-out refinance

Things are going crazy in my world. We closed on our 50th self-storage facility this week with the acquisition of a 3 property portfolio in Virginia. That makes 1,329,609 square feet and 9,905 units managed by our team of 40 employees. All operated remotely with our team of 40 employees – 18 in the Philippines, […]

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May 4, 2022 9 mins read

Self Storage Deal Breakdown

The first full calendar year is in the books for 3 self storage facilities we bought at the end of 2020. I’ll open the books and give you a breakdown on how it went. Here’s a podcast episode with more on where we’re at, what keeps us up at night, and how we plan to attack 2022. Deal #1 was purchased in […]

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February 23, 2022 4 mins read
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In today’s episode, Nick talks about a self-storage facility that he and his partner bought in July of 2019. He goes over the numbers of buying it, operating it, and income from units being rented out, as well as expenses. His goal is to show you just how profitable a self-storage facility is. This property […]

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