There are two givens in life they say: death and taxes. And those tax returns can often be the death of many RV Park deals. In this RV Park Mastery podcast we’re going to review the ins and outs of seller tax returns including what they can tell you about the property as well as what to do when they don’t match what the seller tells you.
Listen To Episode 93The December 2023 Commercial Real Estate Investing Newsletter
You can’t buy a self-storage facility without a survey. But most buyers do not get the most out of the survey nor do they understand what a proper survey should even reflect. In this Self-Storage University podcast we’re going to review the topic of surveys and what you can do to get a more successful survey drawn.
Listen To Episode 91Some signs have lights and some signs don’t. But a non-lighted sign should not necessarily spell doom for getting it rented to a good-quality advertiser. In this Billboard Mastery podcast we’re going to drill down on the topic of non-lighted billboards and offer some productive tips to help you get them rented faster and for more money.
Listen To Episode 87Recent studies have found that 4 out of 10 companies are laying off workers in 2024, with the vast majority “knowledge workers” (people who are paid to think) who are being replaced by Artificial Intelligence (AI). While that will certainly be the catalyst for the 2024 Recession it also ushers in a new Megatrend that you better be prepared for and one that will be among the largest of this century: the replacement of “knowledge worker” jobs with AI. And there will be major winners and losers from this transformation.
Read MoreForget everything you’ve seen and heard – the days of the high-rise, climate-controlled storage facility are over. Americans are fleeing urban centers and moving to suburban and exurban markets which offer lower crime, better home values, and superior schools. And with this migration has emerged the new growth sector of self-storage investing: the traditional roll-up door original in suburban and exurban markets. In this video we describe how the strategy on self-storage investing has changed and where you want to position yourself going forward.
Watch The VideoJust a few years ago the hot topic at mobile home park conventions was the coming boom in new park development. After all, the Biden administration was constantly blasting propaganda that they were going to be the saviors of affordable housing and mobile home manufacturers were more than willing to use that party line to boost their stocks. Then, just as suddenly as it appeared, the dream of new development vanished. In this Mobile Home Park Mastery podcast we’re going to review the science of why mobile home parks will never, ever, be built again.
Listen To Episode 324The odds are that 2024 will be remembered as the first recession in seventeen years and the impact will be far-ranging for American households. But what will the impact be on the mobile home park sector? In this Mobile Home Park Mastery podcast we’re going to break down the granular impact of the pending recession and unlock the key reasons why mobile home park owners are actually rooting for the same event that most investors dread.
Listen To Episode 325If you are considering investment options for 2024, then here’s one to take a serious look at. It’s a basic beginner’s self-storage facility in an exurban market. In this video we review this investment concept, what the numbers look like, and why this is the future of self-storage success.
Watch The VideoAmerica is changing and evolving and so is the billboard business. If you want to make money today, this is what the future looks like. It’s low up-front cost, extremely stable, and plays into the megatrends that are happening in the U.S. right now. In this video we’ll review the future of billboard investing and how to position yourself for success.
Watch The VideoSome sellers are flexible and other won’t budge on their price. In this Self-Storage University podcast we’re going to review some creative ways to achieve a good price when the seller is unwilling to work with the buyer or acknowledge the normal rules of negotiating.
Listen To Episode 90Warren Buffett has long discussed “cigar butt” investing and how it contrasts with his favorite: “value investing”. However, there is much to like about “cigar butt” investing. In this Billboard Mastery podcast we’re going to review Buffett’s concept and why billboards offer a great entry into that type of high return/low cost investing.
Listen To Episode 86Part of bringing an older RV Park back to life – so it can be the best it can be – encompasses making structural repairs and upgrades to the infrastructure and amenities. But ever since Covid the availability of qualified workers is greatly diminished. In this RV Park Mastery podcast we’re going to review some creative ideas to find workers with the skills you need.
Listen To Episode 92Mobile homes and stick-built homes differ in one key attribute: land ownership. But is that good or bad for the customer? In this Mobile Home Park Mastery podcast, we’re going to drill down on the benefits and disadvantages for mobile home residents regarding renting the land instead of owning it.
Listen To Episode 323The self-storage industry has been on a steady growth trajectory for several years, with the Self Storage Association reporting that the U.S. self-storage industry generated over $39 billion in annual revenue in 2020. For investors and operators, this presents a golden opportunity to acquire undervalued assets that can offer significant returns. But how do you spot these hidden gems?
Read MoreThe self-storage industry, once viewed as a traditional sector, has been undergoing a significant transformation in recent years. This metamorphosis is largely driven by technological advancements. From Artificial Intelligence (AI) to the Internet of Things (IoT), modern technology is reshaping the way self-storage facilities operate, offering enhanced user experiences and promising greater returns on investment.
Read MoreFirst, you have the urban core, then suburban markets encircling that core, and then finally, the exurban markets that are the next layer out. Once considered “rural” by investors, these markets are making a stunning comeback as Americans flee urban markets in search of lower home prices, reduced crime, and good public schools. In this case study, we follow the outcome of the turnaround on two exurban mobile home parks and show the actual numbers on financial performance – as well as what contributed to those profits.
Watch The VideoWarren Buffett’s long-time business partner in Berkshire Hathaway passed away recently at the age of 99. His contributions to America were more than just about making money. In this Mobile Home Park Mastery podcast, we’re going to discuss the life of Charlie Munger and his significant impact on the mobile home park industry, as well as the lives of those who listened to his philosophies. He will be greatly missed.
Listen To Episode 322