2.5 • 884 Ratings
🗓️ 17 April 2024
⏱️ 48 minutes
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| 0:00.0 | Can you break down like a typical self storage deal like numbers wise like what are you looking for I use one that we just did the most recently which has been a lot within the last six months it was three storage facilities a total of 240 units. |
| 0:13.2 | Eight hundred and fifty thousand dollars was the price that I negotiated is worth 1.5 million, |
| 0:17.6 | but I got it for eight hundred and fifty thousand dollars. |
| 0:19.6 | So how much money do you make from self storage? |
| 0:22.0 | Right now we're bringing in a little under 150,000 miles a month. |
| 0:25.7 | A month in total rent? |
| 0:27.7 | Total revenue. |
| 0:28.7 | Ramell, the self storage king, how's it going baby? |
| 0:31.8 | Well, glad to be here. |
| 0:33.0 | You excited to have you on the podcast, bro? |
| 0:35.0 | Yes, sir. |
| 0:36.0 | All right, so for people who don't know who you are, can you tell us a little bit about |
| 0:40.0 | what you have done in real estate? |
| 0:42.0 | Absolutely, so I've been in real estate 10 plus years. |
| 0:45.0 | I started out on a residential side. |
| 0:47.0 | So buying duplexes, fourplexes, |
| 0:50.1 | renting them out, fixing and flipping. |
| 0:52.2 | My very first deal was a two-family brownstone |
| 0:54.7 | in Brooklyn, that's where I'm from, born and raised. |
| 0:57.2 | I got that brownstone through a pre-foreclosure. |
| 0:59.9 | I ended up doing it with no money down. |
| 1:01.3 | So I teach how to buy self- storage without no money down out of your own |
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