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Your first self-storage deal doesn’t have to be perfect… it just has to get done. In this episode, Joe Downs sits down with Dr. Jeff Richardson, a full-time veterinarian who closed his very first self-storage acquisition while still working 30–40 hours a week in his practice. Jeff walks through his journey from feeling intimidated by his first deal to becoming informed enough to negotiate with confidence, assemble the right team, and ultimately close Canton Self Storage at $1.875M. $325K below list price. From underwriting paralysis and hesitant LOIs to due diligence surprises involving termites and a hidden residential tenant, Jeff shares the real lessons that no textbook can teach. What to Watch For 00:00 What does your first storage deal teach you? 02:32 What did the rabbit flop teach Jeff? 08:32 Why did Jeff skip rentals for self-storage? 21:41 Are you overanalyzing instead of sending LOIs? 24:34 How did due diligence cut $110K off the price? GUEST DR. JEFF RICHARDSON Listen to this episode on your favorite podcast app https://pod.link/1507427005