Activity
Mon
Wed
Fri
Sun
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
What is this?
Less
More

Memberships

FIRST FACILITY

36 members • Paid

Elite Capital Raiser (Free)

1.1k members • Free

StorageAce

270 members • Free

Calendar Freedom

78 members • Free

10 contributions to StorageAce
Registered Agent
Anyone have a recommendation for a Registered Agent in Wyoming?
1 like • 3d
I use the Wyoming Agents company as my WY registered agent.
Storage & Retail when underwriting
I believe Dave may have touched on this before, but I’d love to get input from anyone who’s encountered something similar. I’m currently reviewing a deal for a self-storage facility that includes four attached retail spaces. Based on the seller’s asking price, the numbers (specifically CoCR and cash flow) really only make sense if all four retail units remain occupied. If even one or two tenants leave, it significantly impacts the returns. They're not on annual leases, and the length of time they've been at the location vary between 8 months to 4 years. How should I be thinking about this? Specifically: - How do you approach valuing the retail component in a mixed-use deal like this? - Do you underwrite with a vacancy buffer for the retail income? - Any red flags or structuring tips I should be aware of? Thanks in advance!
2
0
Property Taxes & Subdivision
Can anyone assist with this question? How does one consider the property taxes on a property that is to be subdivided? Current property taxes are 30K. But there is no information as to what the taxes will be for the facility once it is subdivided, nor is there any information on how large the parcel will be once subdivided. How would you run numbers for a deal like this? You can guesstimate, but it still feels a bit risky to me because that can make or break a deal. Any insight?
No Power Hour Calls this Week - Here's why!
Right now, I'm in North Dakota with my wife Jennifer and our son, visiting the University of North Dakota. My son is chasing his dream to become a pilot, and he's just about 3 weeks away from earning his private pilot's license. UND is one of the top aviation programs in the country, and we're here making memories while supporting his dream. On Thursday, I'm headed to Indianapolis to watch my oldest daughter, Madison, compete in a volleyball tournament. Madison earned a D1 volleyball scholarship at an east coast school next yeare, and my opportunities to see her play as much as I do now are quickly shrinking. So I'm soaking up every moment I can. Four years ago, I embarked on what I believed was a 10-year journey toward financial and time freedom. But something incredible happened... That 10-year timeline shrank dramatically—down to just 4 years. Self-storage changed everything. Today, I don't ask permission to travel with my family. I don't stress about missing out on life's biggest moments. I simply go. If you're a stuck, overwhelmed with your 9-5, grinding day after day to fulfill someone else's dreams... I see you. I WAS YOU. My journey accelerated the moment I hired a coach. Someone who had the game plan, knew all the answers, and helped me take confident, strategic action. Now, I'm looking for 7 motivated individuals to join me this April in a brand new case study group. You'll learn everything about self-storage investing, end-to-end, and position yourself to close your first deal within the next 6 months. If you're ready for time freedom, financial independence, and the power to choose how you spend your days... Comment "FREEDOM" below. I'll personally reach out to schedule a clarity call, and together we'll craft your custom game plan.
No Power Hour Calls this Week - Here's why!
1 like • Mar 18
Love this! Have fun!!
Got my first response to recent direct mail campaign..[w/ screenshot].
Last Thursday, I used Yellow Letter to send 200 direct mail pieces for $238. I did not research any of the facilities - I grabbed them using my Fiver strategy and got them out the door. I reasoned that I needed to take action to keep momentum, and I will circle back later to clean up the list - but I needed to get letters our the door! Today, I got my first of what will likely be 5 or 6 responses (based on historical response rates) - but this one has not one, but two facilities for sale. I am digging in now. I'm not sure if they are what I am looking for, but the lesson is this: TAKING ACTION WORKS - I have a deal in my inbox to review that I did not have yesterday. Curious, what action have you taken this week that gets you closer to your goal? Some of you might be stuck with getting started, need frameworks/blueprints to build your empire, or know how to find deals - the good news is that there are lots of resources to help with that. You can also schedule a call to discuss how I might be able to help and hear about our successes in the StorageAce Ignite mentor program. You see, I take the same action I am on coaching daily: calls, emails, underwriting, offering, buying, and managing. There is no ivory tower, just daily action taking. Whatever your decision, take action, make the call, send the letter, quickly analyze, and underwrite. You, too, can wake up to a fresh new deal to evaluate in your inbox as well!! Let's Win together!!
Got my first response to recent direct mail campaign..[w/ screenshot].
1 like • Feb 5
Oh this is awesome!!
1-10 of 10
Chantal Jones
2
13points to level up
@chantal-jones-5350
I'm a tech savvy, customer-centric video producer turned corporate housing and long term real estate investor & realtor based in Brooklyn, NY.

Active 11h ago
Joined Nov 5, 2024
Brooklyn, NY
Powered by