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57 - How She Makes $300K/Year with Self-Storage with Lauren Rothlisberger
Manage episode 439709278 series 3591759
Nikolas Hulewsky द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Nikolas Hulewsky या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
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Join me, Nik (https://x.com/CoFoundersNik), as I sit down with Lauren Rothlisberger (https://x.com/lcrothlisberger), a successful entrepreneur managing 350 self-storage units across three properties, generating $300,000 annually. Lauren shares her story of starting in residential real estate, transitioning to commercial self-storage, and how she convinced a seller to finance her first deal.
In this episode, you’ll learn how to use a value-add strategy in real estate, why focusing on a local market gives you an edge, and how Lauren balances running her business while navigating the complexities of property management.
Questions this episode answers:
- How did Lauren transition from residential to commercial real estate?
- What is a value-add strategy in self-storage?
- How can focusing on a local market give you a competitive advantage?
- How did Lauren convince a seller to finance her first deal?
- What are the biggest challenges in managing 350 self-storage units?
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This week we covered:
00:52 Meet Lauren Roethlisberger: Self Storage Entrepreneur
01:44 Understanding the Self Storage Business
03:48 The Appeal and Challenges of Self Storage
07:54 Operational Insights and Team Structure
08:30 Geographical Focus and Market Strategy
13:09 Financials and Revenue Breakdown
19:51 The Dumpster Rental Business
22:09 Understanding Lifetime Value and Churn
23:58 First Purchase Journey
25:57 The Appeal of Self Storage
29:00 Valuing Self Storage Businesses
33:27 Advice for Aspiring Investors
38:07 Rapid Fire Questions
41:59 Conclusion and Final Thoughts
80 एपिसोडस
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