I live in Utah. Married 25 years. I have a 21 & 15 year old and am at the point in my life I want something different.

SBA & conventional loans provide a majority of the funding of the loan. What are some ways to get the portion not provided through these loans? Thanks!!

Hello, All. Yesterday, during the Power Hour call, we talked about how to position a low offer to brokers without jeopardizing a relationship. As luck would have it, I had this exact situation this morning. The thread is below. My goal with this message: 1. Get my offer to them (which is much lower than asking price) 2. Not jeopardizing my relationship with a broker that can likely help me in the future. You will see how I positioned appreciation and respect and then asked for permission to send the low offer, should he be interested. Hopefully, this helps you with your communications with brokers 😀 ----- ~ My message to the brokers on a 12,000 sq ft deal listed for $550,000: Hey, Matt - Thanks for sharing this with me. I have done a first pass on the underwriting and am a bit off from your number. Let me know if you want me to send over what I think. I respect you and your position with your seller, so I don't want to throw a number your way that causes any issues with your client. For context (since you and I have never worked together) - I own/operate seven facilities (one in MS) and am looking to expand with value-added opportunities. ------ ~ The brokers response to me: Hey Dave - thank you for diving in, I would love to know what you are thinking so I can have some feedback for the seller. I would love to stay in touch and build a relationship! ------ My positioning with my offer (always add the context to support your number): Hey, Matt - I appreciate it and look forward to staying in touch and doing a few deals together. For this deal, I am interested (all cash) around $400k. Below is some context as to how I came to that number. ~ market rents have already been achieved ~ rural location; customers will have to drive past 3 to 4 other facilities to get to this one, which creates price pressure ~ CAPEX investment is meaningful; to run my model, I need to put a fence around it. $10/ft, and 400 ft, plus gate and motor is a $50k investment

Hello, StorageAcer's - today at 2pm, I will be holding the second session on my Live Case study of deal #8. If you have not joined the journey, you can do so at the link below ($97 fee) and then follow along as I share EVERYTHING I am doing to confirm this is a solid deal that I will purchase. Today, I will share some demographic information I uncovered and how it impacts my thinking, along with diving deep into my underwriting tool for this deal. You can join the journey at this link: https://www.skool.com/storageace/classroom/ff0ae2f9?md=2f8bce3cc6e644759693d9516c7ceb9c See you then.