Most Investors Skip This Step — and It Costs Them Deals
The old way: someone finds a storage facility, gets excited, builds a full spreadsheet, spends hours underwriting — then discovers the market can't support the rents. Deal's dead. Hours wasted. On to the next one.
There's a better way.
Before I ever do a full underwrite, I run a quick analysis first. And a big part of that quick analysis is a market analysis — understanding what the market will actually bear before I touch a spreadsheet. Occupancy rates, street rates, competition density. The market tells you things numbers on a page never will. If the market doesn't support the deal, no spreadsheet is going to fix it.
I built a simple tool for exactly this step. It's called the 5-Minute Storage Deal Analyzer — and it walks you through the quick analysis process so you can screen deals fast and stop wasting time on deals that were never going to work. Grab it here: https://join.storageace.io/5-minute-storage-deal-analyzer
Once a deal passes the quick analysis, then I go deep. That's when full underwriting is worth your time.
Stop spending hours on deals that fail in the first five minutes.
Self Storage Power Hour is TODAY at 10am MST — come learn live: https://us06web.zoom.us/j/89654514255?pwd=txJtbav30mochXjderlUSzbpo6bntF.1
Dave "8 Facilities. Zero Guessing." DeMink
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Dave DeMink
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Most Investors Skip This Step — and It Costs Them Deals
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