How Do You Source Your Properties?

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Nick is looking for properties that he can add value to, and that added value will result in cash flow. In most cases, I'm looking for Properties that are below market and what they're charging. Nick uses a very basic approach of Google Maps to identify properties in an area. He does use a CRM software to manage his pipeline.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

01:36 - What self-storage investing is.

01:36 - Why self-storage investing has become so popular and competitive.

11:26 - How to leave your W2 job for real estate investing.

14:53 - What to look for in a self-storage facility.

35:10 - What to avoid in a self-storage facility.

38:08 - How to maximize cash flow.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Robert’s book The Everything Guide to House Hacking.
Paul Moore’s book Storing Up Profits.
Related Episode: Listen to REI077: Masterclass on Self-Storage w/ Nick Huber, or watch the video.
Related Episode: Listen to REI108: Mastering Self-Storage w/ Paul Moore - REI108, or watch the video.
Related Episode: Listen to REI151: Multifamily to Self-Storage Conversions w/ Scott Krone, or watch the video.

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