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FIRST FACILITY

46 members • Free

StorageAce

305 members • Free

5 contributions to StorageAce
Investing in Arkansas
I'm wondering if anyone here has some experience investing in Arkansas and how they feel about growth, rental rates and returns in the state?
1 like • Oct 21
@Brent Mackin there are some areas to be wary of but as with any town/city/area, check your demographics, growth and development. Whenever I look at a market I like to google “town name future development” You’ll end up getting links to economic development councils and city reports where they show where the growth is gonna go
Personal Financial Statement
@Dave DeMink Hoping you can provide a PFS template mentioned in your Live Case Study... Which BTW if anyone hasn't yet listened to this case study series.. YOU ARE MISSING OUT. You can find it under "classroom".
0 likes • Oct 2
@Caitlin Lombardo here is one I got from stone bank.
Registered Agent
Anyone have a recommendation for a Registered Agent in Wyoming?
1 like • Oct 2
@Britt Raynor checkout https://www.northwestregisteredagent.com/
1st deal in the books!
hey gang I wanted to share a victory with the group: we closed on our first storage deal! It took a couple of months of grinding it out searching for a seller who would sell on [really good] terms but it paid off. here's the deets: about 48ksqft fairly recent construction (less than 5 years old) 50% occupancy!!!!! it's a value add play. I wanted to get into it as cheap as possible, and somehow avoid negative cash flowing (big ask, I know...) we were able to get in it for 40k down and interest only payments for 5 years that lined up with the *current NOI* <---yes you read that right, the CURRENT NOI. so day 1 we break even... on a nearly 50ksqft facility that's only 50% occupied... and we have 5 years before we have to cash the seller out.... for 40k down. it took a lot of grinding but we finally got the first deal in the books. now comes the "figuring out how the heck to run a storage facility" part. then it's back on the phones looking for deals 2 through 100,000+ :o] wish me luck
0 likes • Oct 2
@Josh Gartenbaum I’ll send you a dm, I might be interested in that small one.
Add this wholesaler to your list
Team - please add Direct Deal Properties to your wholesaler list: Andrew Collier directdealproperties@gmail.com
2 likes • Sep 6
Andrew is so good!
1-5 of 5
Leo Ambrosi
1
1point to level up
@leo-ambrosi-3822
Business Development professional ready to leave corporate.

Active 17h ago
Joined Feb 5, 2025
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