https://event.on24.com/wcc/r/5361179/9027163406C2DC10574F31EB6C860673?partnerref=client Hey Team...My friends at Equity Trust are putting on a free seminar that you can attend whether you are a customer or not...above is the link to register and below is some information about it... A 1031 exchange can offer more flexibility than many investors realize. In this webinar, we’ll explore several creative approaches that may help investors navigate property transitions, access equity, and maximize tax deferral opportunities. Topics include: - Refinancing a replacement property versus taking cash boot   - Converting qualified use property into a primary residence   - Turning a primary residence into qualified use property for a future 1031 exchange - Combining standard and reverse exchanges to maximize tax deferral   - Key timing considerations and exchange deadlines   - Common scenarios investors may encounter during an exchange   Join us for an educational discussion on how these approaches may fit into different real estate investment scenarios. >> REGISTER HERE <<

This facility just hit the market again... And seeing it brought back a lot of memories because we used to own it. Here's the story. Back in 2021, another investor called me with a lead they didn't have time to pursue. At the time, I was very vocal about wanting facilities with 20,000+ square feet in the Southeast, and this one checked all the boxes. ✅ As we dug into the offering package, one number jumped off the page immediately... 👉 57% expense ratio. That was our opportunity. The facility was owned by a respected self-storage coach and several of their students, so we knew we'd have to look deeper than most investors would. When we started peeling back the layers, we found: • Expensive third-party management • High delinquency • Multiple abandoned units full of trash • Gates and cameras not functioning properly • Poor operational oversight And then we found something even better... Several units were listed as 5x5 units renting for around $25/month. The problem? They weren't 5x5s. They were actually 10x10s. Just correcting the unit mix added roughly 2,000 NRSF to the property on paper without building a single square foot. Think about that for a second. No expansion. No construction. No rezoning. Just better operations and better management. This is why I constantly tell people that value-add investing isn't always about building more units. Sometimes the biggest opportunities are hiding in plain sight. 📍 Purchased: November 2021 💰 Purchase Price: $560,000 Over the next 16 months we: ✅ Cut expenses ✅ Improved operations ✅ Fixed management issues ✅ Corrected unit data ✅ Increased revenue ✅ Added value 📍 Sold: March 2023 💰 Sale Price: $1.2 Million Now it's back on the market listed around $1 Million. The lesson? Most investors are looking for the next shiny object. The best investors look for inefficiencies. Value isn't always created with a bulldozer. Sometimes it's created with a spreadsheet, a phone call, and a willingness to dig deeper than everyone else.

Question of the Day: Do you think the best self-storage deals are behind us? I hear this all the time. "Shane, I wish I got into storage 5 years ago." My answer? I think the EASY deals are gone. But I also think there are incredible opportunities for investors willing to: ✅ Build relationships ✅ Talk to owners ✅ Underwrite correctly ✅ Solve problems What do you think? Are deals getting harder to find or are investors just looking in the wrong places? 👇 Let's discuss.

We are under contract on a facility and I want to make sure I share this project journey with you so you can see the exact steps we take during the DD process. Teaching from theory is one thing. Walking you through an actual deal in real time is a whole different ball game. This is a good one as I've underwritten a lot of deals and have never come across something quite like this! This facility has 110 units. 35 of those units are past due for a total amount due of over $100k! Some made their last payment as far back as April 2018.. Another 19 units are being used by the owner and family for FREE! Current street rates are about 40% below market. No internet on site.. No Website.. No software.. No one answering the phones.. No P&L.. No management reports.. No tax returns... Just a spreadsheet rent roll and a handful of bank statements. Currently collecting about $2,500 per month. We should get that up over $10k per month within 3 years conservatively. Current 3 mile market supply = 17 square feet per capita. Average HH income = $66k 3 Mile Population = 29k people Under contract for $29 per square foot! Drop your questions or comments below! 👇

1. Michael Mason 1. Louisiana and Florida Panhandle 3. Your #1 Goal for 2026:Be specific.Examples: - Buy my first storage facility 4. What “Freedom” Means to You: Being able to cover my monthly expenses from storage. 5. Something Interesting About You: Traveling, Flying, Traveling, Diving and Investing