187. Don’t OVERPAY for Self Storage | The Art of Valuation

Valuation is a key step in buying a self storage facility. You need to know how much it costs, after all.

Price is a measurement of value. But in commercial real estate, value is not determined only by the price. You also need to look at things like revenue, growth, expenditures, and operations. It’s not just a single line item. Not anymore. 

As an investor, what are those drivers that determine the total cost? 

As a seller, what factors in the market affect your property right now? 

That and more in this episode!

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Live Oak Bank - liveoakbank.com/incomepodcast

Tenant Inc. - https://www.tenantinc.com/

Janus International - https://www.janusintl.com/

Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook 

Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/