I've always lived very well below my means. I never wanted to be in danger of losing it all. For years, I just let that money sit in high yield savings accounts earning whatever,. like 3%, 5%. That's enough to make $50,000 a year without any effort. The goalposts kept shifting. And I think eventually in like 2020, I thought, I just need $10,000 a month. It should be enough to pay the bills and live a comfortable life. So I could combine that with a bit of business expertise and hard work to get off this fire train and focus on doing work that I really enjoy while making good money.
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.
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