Deal Breakdowns

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 – […]

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 […]

Our self storage portfolio is growing fast. Stats on December 31st 2019 (2 years ago): At that time we had 1 full time employee in the self storage business. Me. I was answering phones, hunting deals and doing everything while my partner ran our student storage company. In 2020 we acquired 3 more properties and […]

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, […]

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 […]

In today’s episode of The Sweaty Startup, Nick gives a quick motivating push for a business that is thriving right now. Home work of any kind is the best place to be in this climate; everyone is spending money on their homes. This ranges anywhere from general contracting, construction, deck building/staining, to landscaping, decorating, anything! […]

Today’s episode of The Sweaty Startup is our 200th episode! We are so excited about our show running for this long, and so glad you guys enjoy it. We’re hosting a giveaway for a free one hour consulting call with Nick to celebrate! See details below In today’s episode of The Sweaty Startup, Nick gives […]