The Pomp Podcast cover image

#754 Build An Amazing Life By Owning Boring Businesses w/ Nick Huber

The Pomp Podcast

00:00

The Revenue Management of Self Storage Units

With 500 k to build it, int makes 20 to 30 thousand. We'll buy a facility tha's doing 20 grans a monthd do the work till i find the market rent. And that's where a double the price, have a few more units. Makes not always about doubling the price. It's cause some of the people who look for cheap units think they'll go, they'll go find a cheap unit somewhere. They can rent all the time. Wer goingto make it easier for the customer. That's how the value is really created. I heard you guyes did a great job of explaining inflation and what other houses sell for. But when you move over into commercial

Play episode from 09:42
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app