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203. How to build a self storage empire - Nick's interview on The Fort Podcast

The Sweaty Startup

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Buying a Property in a New York City Market?

We looked at hay, where an we buy themost affordable piece of property per acre. We had some comfort with iska because we went to school there. I go after markets where i can get seven % first year or more unlevered yield. And i if i can do that, then it's a go. If there's upside after that, then that's allso i'm e,. obviously, a new development, you're not goin to get that first year. But what i'm doing now is w we're buying operational properties. It depends onou now, average square footed apartment and so on.

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