The Million-Dollar Storage Unit Tycoon (w/ Nick Huber)
Noah Kagan Presents
00:00
How Much Is Your Debt Costing You?
A year or two ago, we could buy a deal that was going to generate $70,000 of net operating income for every million dollars that we paid. Now rents aren't going up, there's a lot more vacancy in the market as well and interest rates are higher. The cash on cash return on some of the deals that we bought in the last six months has been lower. I am an operator at heart and so is my business partner Dan. We are taking on some other business activities.
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