This is just one of the data points to look at. What price are you looking for when looking to buy a facility? I assume it's a different number for NCC vs CC. I've heard of looking for $60/sqft or less. Is that for NCC, CC, or just and average for both? I guess it could be different based on location, but let's assume this if for tertiary markets.

We had another Live Q&A yesterday and this one got into a REAL deal scenario. We broke down a facility we’re currently looking at that has: - 35 delinquent tenants - Over $100,000 in unpaid rent - Multiple free units - And a lot of operational issues Most people would look at this and run. Big takeaway… 👉 This is where the opportunity is. Not in perfect deals. But in mismanaged ones. We talked through: - How to underwrite a deal like this - Why we’re targeting ~82% occupancy instead of 90%+ - A conservative plan to increase rents over time - How marketing plays a HUGE role in turning deals like this around - And how to present this type of deal to lenders We also hit on something I keep repeating… 👉 If you’re not underwriting deals consistently, you’re not moving forward. You should be looking at at least ONE deal every week. Inside the full replay, we broke this down step by step and walked through how to think about a deal like this. 🔒 Replay access unlocks at Level 3 inside the community If you’re not there yet: - Start engaging - Ask questions - Get involved - That’s how you level up and unlock everything. And if you want to go deeper… 👉 Inner Circle is where we break down deals like this in real time and focus on execution. Drop your thoughts below 👇 Would YOU take on a deal like this?

Question for current facility owners. Shane and I have never had a problem allowing our any of our BOG to have a free unit (depending on occupancy, of course). It gives them a different prospective utilizing the facility as a customer as well as an employee. Do any of you do this? If so, what issues have you experienced? Positive or Negative..

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Curious to see if any of the facility owners here pay a landscaping company, or add additional money to your BOG monthly wage? We have done both, and I find that it could be a good savings if you just add extra money for your boots- or include into the initial list of duties upon hiring.