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414: Financial Independence at 29 by Quitting Rentals to Invest in THIS w/Dillon Leonard

Real Estate Rookie

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Transition to Self-Storage Investing

The chapter follows the speaker's shift from rental properties to self-storage units, emphasizing learning from experts, voracious reading, and using wholesaling skills for successful deals. It details the acquisition of the first self-storage property, discussing replacement cost, targeting mom and pop owned businesses, and plans for financing. The chapter explores the unique aspects of self-storage financing, preparation for securing bank financing, and the advantages of storage properties over traditional rentals in terms of diversification and risk mitigation.

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