The REtipster Podcast | Real Estate Investing cover image

The REtipster Podcast | Real Estate Investing

How Mike Wagner Made $750K Flipping a Self Storage Facility (Part 1)

Sep 30, 2019
01:09:25

#51: In my own personal quest to learn more about the self-storage investing business, I’ve done a lot of searching on Facebook and YouTube to find others who are doing this stuff and talking about it. In the process, I came across this guy named Mike Wagner with a website, YouTube Channel and Facebook Group called the Storage Rebellion.

(Show Notes: https://REtipster.com/51)

A few months ago, he posted a 3-minute video on YouTube talking about a recent deal he did where he made $750K (425K in cash and another $325K in homes that he took in trade). He originally bought a facility for $360,000, did another $300K of improvements, and then sold it off for $1,325,000 (and keep in mind, this DOESN’T include the $200K in cash flow he had collected over the course of four years while he owned it).

When I saw this video, I knew we had to get this guy on the podcast to learn more about how he did it and to get his insights on other aspects of the business… so listen in - I think you'll enjoy this!

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