Hey everyone 👋 I'm curious what your desired population size/square mile is to feel comfortable when underwriting facilities? I've read in AJ's book that they look for markets with 10k people/square mile (so 30k-50k population in a3-5 mile radius of a facility). Now I know AJ's team is buying in larger markets and he even started out in small towns, but what do you consider TOO SMALL?? For instance, I looked at a facility today with less than 1k people in 1 mile radius, 3k people in 3 mile radius and 5k people in 5 mile radius... The facility looks attractive due to lack of website, Google listing, secure facility, etc but I'm thinking the population is just too little. The NOI is stated to be $67k btw 💰

Hello everyone! My name is Reed Swartley, I am from an hour north of Philidelphia and I am looking for my first self-storage deal. My "Why" is to gain financial freedom to spend more time with my wife and 3 small children. I currently work a W2 as a full-time construction equipment mechanic, but hope to one day own a portfolio of self-storage facilities where I can quit the W2 life. I love everything to do with the storage industry, and love networking with anyone and everyone I can reach, so feel free to shoot me a message. No matter if it's to help analyze a deal, ask to go look at a local property for you, or just chat industry, I am always interested to connect with new people, and bring value to the community. I would love to talk with you and who knows, we could end up working together and helping each other reach our goals💪. Big shout out to @Dave DeMink for spending some good time 1 on 1 with me, and making this amazing community. It's great having people like you to help the up-and-comer out in this competitive landscape. I have attached my buy box for everyone to see. Don't hesitate to reach out!

Good morning guys! 🌞 Wanted to post my top takeaways from the "7 ways to find deals" section I watched today. (I only watched the inbound leads section so far as that will be my main source of leads). 1- when talking with brokers, GET ON THEIR MAILING LIST!!! Dave brought up such a great point that brokers will likely shop there deals to their list of buyers BEFORE posting the deal on the online marketplace (crexi, loop net, etc) which will allow us a better chance of buying the facility! 💰 2- continually check in with brokers and wholesalers (to stay top of mind) even if you're not asking about a specific deal . Reach out to them to discuss industry trends, their opinion, personal updates, etc and MOST OF ALL, SEND THEM REFERRALS if you have any to show you sincerely care about their business! ❤️ 3- Don't waste brokers or wholesalers time. Brokers got paid by commission only usually and are typically pretty busy (I know because I am an agent) so they don't like time wasters (who does? 🤣). Now, that doesn't mean it's not okay to ask them questions and get their opinion when we're new, just be upfront and straight to the point about it. Before I call brokers, I'm making a buy box as best as I can so I have an idea of what I'm looking for when I'm talking to them) P.S. - What were your takeaways from that video series?? Also, huge thanks to @Dave DeMink for his time and providing so much value to us all! 🙏🔥

Hey everyone. I prepping my house to sell here in utah and move back east where houses are much cheaper. then I plan to use my equity to get my 1st 1 or 2 facilties.