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Ep 117: How self storage investing works

Ep 117: How self storage investing works

FromThe Nick Huber Show


Ep 117: How self storage investing works

FromThe Nick Huber Show

ratings:
Length:
15 minutes
Released:
Sep 25, 2023
Format:
Podcast episode

Description

Way back in early 2015, I planned and developed my self-storage business with my partner Dan. It took a total of 2 years to prepare and set this thing up right. In May 2017, we opened our doors for business with 5 outside investors. Fast forward to when I made this video, we had 4,930 self-storage units, 24 properties, 642,000 sq/ft all in properties in Ohio, Pennsylvania, New York, and Connecticut, and aren’t stopping there. With four acquisition employees, we were making offers in Georgia, Kentucky, and Indiana, and our goal was to have 50 units in 30+ states.   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Check the show notes here: https://sweatystartup.com/the-sweaty-startup/   Special thanks to our sponsor RE Cost Seg! Cost Segregation is a powerful tool for real estate owners to save money on taxes. It increases your cash flow by reducing your taxable income. Get your free proposal here: https://www.recostseg.com   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   Join our Real Estate community: https://sweatystartup.com/rec We have a reddit community: https://www.reddit.com/r/sweatystartup/   Twitter Growth Mastery Course: https://sweatystartup.com/twitter   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: Business Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/
Released:
Sep 25, 2023
Format:
Podcast episode

Titles in the series (100)

The Nick Huber show is a short-form podcast on real estate, entrepreneurship and wealth. You won't find a lot of long-form interviews or unorganized banter. My goal is to be short and to the point and deliver value as quickly as possible. We'll cover things like terminology, deal overviews, acquisitions, structuring deals, raising money, operations, hiring and more. Nick Huber owns a real estate private equity company (http://boltstorage.com) in the self storage space. He owns 24 properties and over 630,000 rentable square feet in 4 states. He employees a team of 17 individuals and has raised over $10m in outside capital. Follow along and become a better real estate investor. Show notes available at http://sweatystartup.com/