JF2177: First Self-Storage Deal Making $1.5Mil With Mike Wagner

Finding your first deal and making a little money or break even is a good goal to have but how about doing your first deal and making $1.5 million? Mike ended up making this doing his very first deal in self-storage, and he shares some of the mistakes he made and lessons he has learned by doing self-storage facilities. He also was happy to share with us the approach he takes to increase the value of self-storage units.

Mike Wagner Real Estate Background:

• Full-time real estate investor with 13 years of experience
• In 4 years he built a portfolio of 31 doors 
• In 2011 he focused in self-storage making over $1.5 million on his first deal
• Based in Farmington, NY
• Say hi to him at: www.members.thestoragerebellion.com 

 

 

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Best Ever Tweet:

“I am a low volume, high margin investor” - Mike Wagner