Deal Breakdowns

How a real estate crash happens (and why it takes so long to materialize)

I’ve hired 30 employees outside of the USA with the help of Shepherd and it has been an absolute game changer for my business. Underwriters in Colombia for $1,500 per month full time. Customer service reps with perfect english in the Philippines for $1,100 per month. Executive assistants for my construction team for $1,000 per month. If you […]

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May 13, 2024 10 mins read

The difference between an entrepreneur and an employee…

The life of an employee: You go out and hunt every single day. You’re constantly being encouraged to sprint here and accomplish this next project. When the opportunities arise you sprint even faster to go out and kill and bring back food to the rest of the company (the owners). Every two weeks the business […]

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5 mins read

Why only 2% of people own a small business

A quick thought: People who are in the Silicon Valley bubble have no idea how much work will be required to build and maintain our physical world over the next 50 years. The plumbers fixing the toilets at the law firm will be billing more per hour than the attorneys before we know it. Our […]

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5 mins read

DEAL BREAKDOWN – We built a storage facility for $2.9 million – it’s worth $11 million today

​Here’s an update on my businesses and life, if you’re interested. A quick sponsored note before we jump in: Tax season is here and my final income tax bill was $0 for one main reason – Cost Segregation Studies and bonus depreciation. DO NOT FORGET TO GET COST SEGREGATION STUDIES DONE ON YOUR REAL ESTATE. The folks at RE […]

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4 mins read

The case for clear, concise and simple

A quick reminder: I have a two podcasts: The Nick Huber Show is about real estate and The Sweaty Startup is about small business and entrepreneurship. Two of my most popular episodes: ​Change your mind on something today (the power of an open mind) and Hire fast and fire faster (hiring and managing employees). News flash: Closed mouthes don’t get fed. “Listen […]

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7 mins read

How much money is enough money?

I spent 3 days last week with 8 entrepreneurs. Guys worth a combined $1B + and with thousands of employees. The big takeaway: The key to building massive amounts of wealth is doing very simple, repeatable stuff while leveraging larger and larger groups of people. The better you are at managing the people, the more money you’ll make. It […]

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5 mins read

The cold hard truth about setting goals

Hope your week is off to a great start. A quick sponsored note before we jump in: A webpage that sells while you sleep is worth a killing. The folks at WebRun built this landing page for my acquisition lead nurturing system and it is working magically. If you need an optimized landing page for your DTC, BTB or real […]

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7 mins read

What makes a business a well oiled machine?

A quick sponsored note before we jump in: Tax season is here – DO NOT FORGET TO GET COST SEGREGATION STUDIES DONE ON YOUR REAL ESTATE. The folks at RE Cost Seg just let me know their spring schedule is filling up and they’re considering raising their prices. They’ve already delivered my cost segs this year and the depreciation […]

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6 mins read

How to analyze a self storage deal on the back of a napkin

I’ve bought over $100 million worth of self storage. It took looking at over 5,000 deals to get it done. What I’m about to tell you is not a full underwriting process. It is not comprehensive. This is the back-of-the-napkin work I do to see if a deal is worth spending more time on. You’ll […]

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10 mins read

5 things I learned while buying $100 million worth of real estate

Before we dive in, a sponsored post: As you know, we’ve got 18 employees working at our self storage management company who live in the Philippines. We sourced and hired all of them through SupportShepherd.com. and it has been a game changer. They do customer service, collections, data entry and even direct customers around our properties to find […]

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3 mins read
Top Articles

Businesses I Love

These are all businesses and markets that I love. The competition is weak. The market is growing. The costs and risks are low. The odds are good. You can analyze the market and make accurate decisions on where there is opportunity to thrive. You can win. Start small. Start low skilled and low risk if […]

Idea Generation 101

This is an analytical approach to identifying and exploring new business opportunities. This is designed around service based businesses but the concepts can be applied to any business. In order to compete you need to have a competitive advantage in one of three areas: speed, price or quality. The goal here is to look for […]

179: How profitable is a self storage facility?

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 […]

Essential Tools

There is a proven playbook to grow companies. What tools to use, agencies to hire, strategies to employ. I’ve launched 9 companies in my life – two of which are fairly large with 40 + employees and hundreds of thousands in monthly revenue. People ask me all the time for vendor recommendations. Who builds my […]

Businesses I Hate

Prefer a more positive outlook? Check out the businesses I love. I don’t like businesses that have a lot of passionate people involved. Businesses that are fun and are a lot of people’s hobbies. Passionate people think with their hearts instead of analyzing the markets. Passionate people make poor decisions. Passionate people start companies because […]

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