AJ. You are very professional with your business plan explained. I bought a facility in Hot Springs and I looking to buy my second property in the same area. I agree 100% with you… it’s time to buy! Thanks
@paulbiniasz22789 ай бұрын
Congrats on the deal you shared. Great instruction!
@SelfStorageIncome9 ай бұрын
Thank you!
@yoyoflair2 ай бұрын
Great video! I would add that because the financing is likely going to be done by any type of bank, an Appraisal will be required, and because these are income produccing properties, the appraiser will likely value the propery based on the Income Capitalization Approach, which is what you are describing, by applying the Appraiser's concluded CAP rate to the NOI.
@shawnl3151 Жыл бұрын
Thanks getting into self storage so watching your vids
@SelfStorageIncome Жыл бұрын
Rock on!
@southerntransplant27247 ай бұрын
Can you explain the large increase in Y4? Did you pay down or recast the loan? Thank you!
@rromero56935 ай бұрын
Please explain...
@joe17390Ай бұрын
Great video! Thank you
@SelfStorageIncomeАй бұрын
Thanks! Glad you liked it!
@IanThecrackerstacker9 ай бұрын
Prices are down per sq ft and people are leaving storage as they dont have the money to pay. Auctions bring in low money and can actually loose money
@AznKEvon4 ай бұрын
I am a bit confused. If the income goes up or down wouldn’t it effect the cap rate? Isn’t cap rate noi divided by asset value?
@jimmymcgill557211 ай бұрын
How is the vegas market for storage buying right now?
@sneakerheadlee59849 ай бұрын
How did you learn how to break down the costs like that? Do you have an assist or accountant.? If so what company do you use?
@SelfStorageIncome9 ай бұрын
Years and years of hard work and practice! But yes, we have an awesome accounting team. Plus, my business partner is well versed in the finance world.
@qoo0z8 ай бұрын
Hey, I hope this comment reaches someone who can answer but what is the best way to start learning this business? I been watching videos but still don’t feel like I can just jump right in
@SelfStorageIncome8 ай бұрын
Hey @qoo0z - thanks for the comment! Head over to my site www.selfstorageincome.com/ to get my free self-storage starter pack and join our free newsletters to learn more about investing in self storage! 💪
@Ricocase11 ай бұрын
Cap % < interest + inflation rates = no
@laleilha11 ай бұрын
Gold right here. Thanks!
@SelfStorageIncome11 ай бұрын
@laleilha - glad to hear! Thanks for the comment!
@ssmoody1311 ай бұрын
Cashflow / Price (or Fair Market Value) = Cap Rate === By those numbers it is below 3% Cap Rate, unless you use the Value of the Investment which would be in the high 5% which makes more sense but do not see how you get a fair market value so much higher than the value of the investment, so what is the difference between Value of Investment and Fair Market Value?
@torontoontarioliving-movin5289Ай бұрын
Good points
@nesfinance7 ай бұрын
I have found a few deals
@emoryneely93087 ай бұрын
Generally some good information, especially on intrinsic vs extrinsic information, but your percentage math is WAY off. You can tell without doing any math because you can't have a more than -100% drop unless revenue goes negative (which is impossible). In Section 4, at 10:55, you show a -138% decline. Revenue going from $1.66M down to $625K is a -62.5% drop, not -138% drop. It makes me a little concerned how you can run a successful syndication when you can't do simple math.
@maverick83122 ай бұрын
They are also considered the cap rate which affects the overall market prices the two combined presents that larger %
@calvinspiff43486 ай бұрын
I stopped paying attention. Get to the point faster.
@scottmarker-treasurevalley7244 Жыл бұрын
I love you AJ Osborne why would you give away all your secrets? When you could have done the same thing here in Idaho and across the country over and over again and now you let the genie out of the bottle? Love you but help me understand.😊