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  • future investor intro

    Hello everyone,

    Just wanted to introduce myself as a new member to the forum.

    About me: I have been investing in single family houses for the past 5 years in Delaware (flips, wholesale, notes, rentals, etc). In the first year of investing, I heard about self storage investing and realized quickly that investing full-time in self storage was my overall goal. At the beginning of last year I decided to give it 100% of my focus and break into the industry. I put all my properties on market and got a part-time job at a facility to learn the management side of the business which ended up being one of the best learning experiences I have had. At the same time I have been building my network and learning as much as I can. I am hopeful that by the end of the year I will have a few facilities on the books.

    Goals: Build a large portfolio using syndication. After a handful of facilities I want to start building an Asset Management team to handle everything. I want to hold long-term for cash flow but if the right offer comes through then I would sell the whole platform and use the funds to invest passively in other deals.

    Looking forward to some great discussions on the forums!

  • #2
    Welcome to the forum mcarr.
    "Never let the inmates run the asylum!"

    Comment


    • #3
      Thanks pac. Ive seen a lot of your posts. Always great info/advice.

      Comment


      • #4
        What? Me have an opinion? Surely you jest? I am a wallflower by nature.
        "Never let the inmates run the asylum!"

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        • #5
          LOL. A wallflower with over 7,400 petals.

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          • #6
            I am trying to blossom and stop being so shy.
            "Never let the inmates run the asylum!"

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            • #7
              Good managers are a must, as you've seen working in storage. Good luck and welcome to the forum!
              I want buns of steel.
              I also want buns of cinnamon.

              Newcastle, WA

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