Self Storage Income

310. Complete Walkthrough of Our Newest Self Storage Purchase (Financials)


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Today we’re giving a complete financial walkthrough of our newest self storage investment. From purchase price to rental income, return numbers, and how we’re funding it, this is a complete breakdown of a facility that could very well be bringing in $1,000,000/year in the near future. This was not only a deal but a steal, and proves that there are profitable facilities in the market just waiting to be bought up.

 

But this storage investment is a little special. We’re not just acquiring a facility, upgrading it, and waiting for the rents to roll in. We’re expanding on this self storage investment, adding over 200 units to an already profitable investment. The best part? We’re planning to massively increase not only the cash flow, but the tax benefits by doing so, allowing us to cash-out a substantial tax-free sum in the next few years.

 

This facility is in what we call a “Goldilocks Zone.” There are hundreds of markets around the country that are stuck in these sweet spots that YOU can be buying in right now. Want to see how we conservatively underwrite self storage deals so they’re primed to overperform? We’re sharing all the numbers (and our methods) in this episode!

 

What you’ll learn in today’s show:

 

  • Our plan to increase this facility’s revenue by hundreds of thousands
  • The “Goldilocks” markets that every self storage investor should be looking into
  • How we underwrite and analyze self storage investments (conservatively)
  • The massive tax incentive for investors to build new units and expand their properties 
  • The solid returns we’ll make WITHOUT factoring in market appreciation

    Register for the Self Storage Income Live Event: https://www.selfstorageincome.com/live-event

    Get our FREE self storage starter pack to learn how to analyze, underwrite, and operate your next storage investment: https://www.selfstorageincome.com/youtube
    Self Storage Demand 101: Know WHAT to Buy (Full Guide): https://youtu.be/5GYZbRXkODk?si=ihzn_Qnn26r_C4yj

    🌳 Work with someone experienced in self storage loans at Live Oak Bank! https://www.liveoakbank.com/business-loans/self-storage/

    📖 Get AJ's book that teaches you everything he knows about self-storage https://a.co/d/aRSKcSq

    📉 Take advantage of today’s market conditions and invest with us: https://cedar.cc/invest 

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    Self Storage IncomeBy AJ Osborne

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