Jason Hartman talks with Hunter Thompson, Managing Principal at Cash Flow Connections, about his work in the self storage arena and what kind of opportunities are available there. Hunter gives listeners some tips on easy ways to drastically increase your properties worth, as well as some key metrics to look at when evaluating potential deals.
Key Takeaways:
[1:33] Hunter’s back story that led him to be in the real estate market he’s in
[5:29] Why invest in self storage?
[8:49] One of the key metrics you need to look at when considering a self storage facility
[13:31] The strategy an individual investor should have when it comes to getting in on a storage facility
[17:33] Some of the quick, easy (possibly even free) ways to raise the value of your self storage facility
[20:20] Self storage hasn’t reached the point of complete automation
[23:52] How to find, vet, and underwrite a deal
[28:00] The financials you should look through when vetting a deal
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