39 min listen
Ep 121: How much money does a self storage facility produce - Deal Breakdown
Ep 121: How much money does a self storage facility produce - Deal Breakdown
ratings:
Length:
14 minutes
Released:
Oct 23, 2023
Format:
Podcast episode
Description
In this episode of the Nick Huber Show, I delve into our property management startup's journey in acquiring a rural Pennsylvania self-storage facility. Despite initial challenges and a purchase price of $1.3 million, smart financing, strategic improvements, and tax deductions led to a substantial increase in the property's value, generating approximately $1 million in enterprise value within just 9 months. 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:
Oct 23, 2023
Format:
Podcast episode
Titles in the series (100)
EP 47: Live discussion with Nick - getting started, my personal goals, building my business: Nick takes live calls and answers questions on the following topics: when to buy a house, what interest rates will do to real estate, how much cash you need to invest, when to hire that first employee and what to do if you have a subpar employee. This... by The Nick Huber Show