4min chapter

The Fort - An Entrepreneurship Podcast cover image

#264 - Nick Huber & Mitchell Baldridge - How Twitter Changed Our Lives, Real Estate Market Updates, and the Glorious Cost Segregations

The Fort - An Entrepreneurship Podcast

CHAPTER

Self Storage Isn't a Money Printing Machine

Developers are living in that margin more than anybody, right? They're able to sell it for 20 million because the capital is willing to buy it for a 3.5% cap rate. What they do does not add value to the capital that would invest in them. If development costs don't go down and it continues to cost, you know, $200 a foot to build quality buildings in America, all of a sudden it's pencils down for all the developers. And so I will get on this podcast the day I the day I go, man, I'm really fricking worried over the long term.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode