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All Forum Posts by: Jonathan Keena

Jonathan Keena has started 1 posts and replied 2 times.

Post: How to find mom and pop self storage deals?

Jonathan KeenaPosted
  • Investor
  • San Antonio, TX
  • Posts 2
  • Votes 2

Wow, thanks for the feedback everyone! I will definitely check out @Michael Wagner and @Scott Meyers. Also, thank you for sharing your experience from TX @Brandon Hobbs I would definitely love to connect in the future. 

Post: How to find mom and pop self storage deals?

Jonathan KeenaPosted
  • Investor
  • San Antonio, TX
  • Posts 2
  • Votes 2

Hi all,

I am in San Antonio, Texas and I am trying to break into commercial real estate, specifically self storage. My business strategy is to find mom and pop operations and buy them via seller finance or buy them outright with partnered funds. From there I would increase the NOI and improve the property, setup effective property management, ect. The focus would be to buying properties that are under 30,000sqf and expanding them to over 40,000sqf. After 12-24 months my goal would be to sell the property to an institutional investor and then repeat the process. I guess my main questions are what's the best way to find those type of deals? And does anybody think it's possible to do in the San Antonio / Austin area? Thanks!