How to Value a Self Storage Facility in 2024 | SSI Ep 262 скачать в хорошем качестве

How to Value a Self Storage Facility in 2024 | SSI Ep 262

Get my FREE self storage starter pack to learn how to analyze, underwrite, and operate your next storage investment: https://www.selfstorageincome.com/you... How do you get the best self storage deals? You’ll need self storage underwriting! Underwriting (AKA analysis) allows you to tell whether or not a facility is worth the price, how much you should offer, and whether it’s even worth buying in the first place. Plus, it’s not just about analyzing on-market deals. You can use our self storage underwriting model to find the “money on the table” off-market deals that most investors will miss. Today, we’re teaching you the first steps of how to value a self storage facility. Regardless of how a seller prices their facility, you MUST perform this analysis to ensure you get a good deal. AJ and Conner discuss the intrinsic vs. extrinsic value of self storage investments and how to control one of these factors so you ALWAYS buy deals with significant upside. We’ll touch on underwriting expenses, revenue, occupancy, and more, plus the one huge opportunity that most investors are missing out on today. Ready to buy your first self storage facility or expand to the next one? This is where to start! Enter our podcast survey here! PLEASEEEE: https://form.asana.com/?k=da0pR8v74pC... 🎫 Tickets are available NOW to the SSI LIVE 2024 event! This September in Coeur d'Alene, Idaho https://www.selfstorageincome.com/ssi... 📌 Make self storage management easier than EVER with our podcast sponsor Tenant Inc. - https://www.tenantinc.com/ 🌳 Work with someone experienced in self storage loans at Live Oak Bank! https://www.liveoakbank.com/business-... 🎙️ Do you have a great story to share on the SSI or AJ Osborne podcasts? You can now apply here! https://form.asana.com/?k=TGU88eU0bFT... 📖 Get AJ's NEW book that teaches you everything he knows about self-storage https://a.co/d/aRSKcSq 📉 Take advantage of today’s market conditions and invest with us: https://cedar.cc/invest _______ 00:00 Intro 06:21 We're Returning to "Normal" 09:59 Intrinsic vs. Extrinsic Value 14:21 What You CAN Control 23:25 Money on the Table 27:09 Expenses 33:24 Revenue 38:11 Looking at the Market 45:25 Emergency Reserves 51:58 Best Time for Development? 58:24 Meet Us in Person!