
203. How to build a self storage empire - Nick's interview on The Fort Podcast
The Sweaty Startup
Do You Pay Down More Than You Pay Up Debt?
We don't own any southern real state. I do underright and put offers on some property, but i can't afford to buy property athens,. georgia, so we buy almost all affairs. We have a really good relationship with a bank in ithaca that's doing a lot of self storage work all over up state new york. And are you taking the majority of your cash flow as a way to continue putting down payments on new or do you pay down debt? Yes, we try to keep u very healthy debts or ricecover. Especially right now, we're not even actually doing any new development or any value ads right now.
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