Self Storage
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I own a self storage company with 38 employees, 44 properties, 1,138,000 square feet and 8,551 units in 7 states. We have raised over $20 million from outside investors. Our company is fully remote with 19 employees in the Philippines, 4 in Colombia and 15 in the United States spread out all over the country.
I’m an open book on how we acquire properties, structure our deals, manage the business and build our company.
Resources
The Nick Huber Show is my latest project – a podcast and video series that is quickly becoming a crash-course in self storage operations and investing.
I have an episode (#3) on how real estate private equity works, (#7) how self storage investing works, and on this episode I even went in the weeds on the hidden costs to consider when buying / selling real estate.
LINKS HERE: Apple Podcasts – Spotify – Youtube
I have two free crash courses if you’d like to get a handle on the two most important terms in commercial real estate (CAP rates and NOI) or get a feeling for how debt increases risk and how to think about debt service payments relative to cashflow.
Debt and Cashflow Crash Course – NOI and CAP rates
How Profitable is a Self Storage Facility?
I break it down in-person as I walk through a self storage facility we acquired for $472,000 in October of 2019. Watch the video >
A deal breakdown on three facilities we purchased in late 2020
I break down the purchase price, projections and the following performance on three deals we acquired in 2020. View the deal breakdown>
Paid Stuff
My paid real estate community is thriving. We’ve got 450 members now and, frankly, the paywall is increasing the quality of interactions IN A MAJOR WAY. We’ve got a bunch of movers and shakers sharing everything from the cost tax benefits to getting a private plane to the breakdowns of their first small real estate deals.
Remember – you can join for $1. Sign up here.
My real estate masterclass has received some recent updates and will be ON SALE for $500 off retail price.
Use coupon code 500OFF and checkout here.
The masterclass is EVERYTHING I know about real estate and everything you need to know to get your first deal done or set off a career in the space. I only open this thing up for sale a few times per year. Take advantage.
I’ve offered over 100 people self storage consulting as they underwrite and make an offer on their first facility. I spoke to someone yesterday who I consulted back in January who has already purchased 5 properties in Arizona and California!
Checkout my self storage consulting here.
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