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Creating Wealth Through Cash Flow Creating Wealth Through Cash Flow You’re About To Discover… with Jeffrey A. Lindahl “How Investing In Self Storage Will Pay YOU $10,500 Per Month” Self Storage SECRETS

Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

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I've got three objectives, and the first objective is to introduce you to profitable self-storage investing. It's a niche market. It's one of the commercial disciplines of real estate investing, and this is kind of the sleeper of all the disciplines, in the sense that it's the less management attentive. It's the easiest to run. And you're going to hear me say "set it and forget it" a lot tonight, because that's basically what you do with storage. You set it – you get it set up, and you can pretty much forget it with the right management in place. So I'm going to introduce you to all those different concepts and what makes a good self-storage investment good. Number two, I want to show you how you can increase your income and decrease your workload. A lot of us are out there buying multi-family properties. A lot of us are buying single-family properties. A lot of us are buying other commercial type of properties. And I'm actually going to show you how you can keep doing what you're doing, what your major discipline is, and increase your income by buying storage, and by doing that, you're actually going to decrease your workload at the same time. And number three, I'm going to show you how you can start creating an autopilot self-storage business.

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Page 1: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

You’re About To Discover…

with Jeffrey A. Lindahl

“How Investing In Self Storage Will Pay YOU $10,500 Per Month”

Self Storage SECRETSSelf Storage SECRETS

Page 2: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Congratulations for Taking Action Today

I commend you for taking time out of you busy schedule to be here.

I’ll make this worth your while

Page 3: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Let’s Get Started

Page 4: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

4

Steel, Concrete,&

Cash Flow

Page 5: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

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Page 6: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Page 7: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

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Page 8: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Doing It In Today’s Market!!!

7,322 Units!!7,322 Units!!Still Works The Same Still Works The Same SystemSystem The Attitude….The Attitude….

Best Selling Author Best Selling Author

Page 9: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

My First Storage Units

Page 10: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

How I stumble upon the Hidden Cash Flow

3 Family Apt Rental plus the 3 Garage Bays rental Sold this property after a 2 year appreciation run

Did a 1031 exchange Into a 205 unit complex in an Emerging market

During site visit discovered the Secret

60 Self Storage units were also on the site

Page 11: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

The Secret is Revealed

Page 12: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Self Storage Investing60 Self Storage units added on an used

irregular shaped- Produced HUGE Cash Flow

Very little involvement of the Property Manager-Hardly any additional maintenance involved & Next to none utility costs

I needed to add Self Storage Investing to my business model and YOU should too !

Page 13: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

More Secrets/ Reasons For Self Storage

InvestingYou can buy self storage facilities in your local market and in emerging markets

The Low Operating Costs

Insurance

Property Taxes

Utilities

Manage from home or via an internet line

88% of the owners are “Mom and Pop”

Page 14: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Reasons For Self Storage Investing

• It’s Very Profitable Niche Market

• The Sleeper of Commercial RE Disciplines

• Less Management Intensive

Page 15: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Reasons For Self Storage Investing

• Increase Your Income and Delegate the Work Load

• New Investors Get Started in RE Investing

• Seasoned Investors add Self Storage to Your Current Portfolio

Page 16: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Reasons For Self Storage Investing

• NOW IS THE TIME to Create a Self Storage Autopilot Business

Page 17: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

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Page 18: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Self Storage For Sale. Clean 58 Unit Mini Storage Facility. Extra Land for Expansion & Development. Modern Buildings. Fenced & Gated...

$249,000 6,900 SF Bldg 9.40% Cap Rate

Self-Storage Facility

Page 19: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Any Value Plays ?

Future Expansion

Bill Boards, Cell Tower, RV and Boat Storage

58 units x $65 x 12 months = $45 K, 28 % Expenses & $1455 per month

Passive Monthly Income

Page 20: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

                               

30 drive-up self-storage units; 1500 sq ft garage, rented to automotive detailing business; 1100 sq ft house,...•$199,999 30 units•7,040 SF Bldg •10.95% Cap Rate •Self/Mini-Storage Facility

Page 21: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Owner will Carry-back with 10% down at 7.0% thru 2016, amortized 30yrs. Only $29,000 down gets you this Solid 9.0% CAP property. Experienced manager...•$290,000 66 units•16,512 SF Bldg •9.00% Cap Rate •Self Storage Facility

Page 22: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

HIGH SEAS MINI STORAGE8180 HWY 14, Lyle, WA 98635

FOR SALE BY OWNER

35 UNIT SELF STORAGE WITH ROOM TO GROW AND BUILD HOME VIEW OF WATER AND MOUNTIANS.

LOTS OF UPGRADES NEW ROLL UP DOORS,FENCE AND GATE, SECURITY CAMERAS, AND LIGHTS. GREAT CONDISHION.

LOTS OF BUILDING NEAR BY HOMES AND A GOLF COURES. MANAGER IN PLACE. IT RUNS IT'S SELF, GOOD INCOME.

• PROPERTY IS IN MURDOCK BETWEEN LYLE,WA AND THE DALLES,OR ON HWY 14

Page 23: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

• Price $229,000 Gross Income $18,689

• Expenses $4,680

Page 24: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

A&B Self Storage4428 WILLIAMS VALLEY ROAD, Clayton, WA 99110

Stable facility with a long history of high occupancy levels

• Property offers U-Haul along with Car-Port Buildings dealership with provides for market exposure and added income

• Marketing Population (3-5 miles) has steadily increased over the previous years due to the Northwest' s movement to the rural areas

• VERY MOTIVATED!!!• .

Page 25: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Page 26: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

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“Self-storage companies seem to be the ‘Cinderella segment’ of commercial real estate in a faltering economy.” -Warren Buffett

Page 27: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

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Self Storage is The Fastest Growing Sector

in Real Estate!

It’s an Inflation and Recession Proof Business

Boston Group.

Why Self Storage?

Page 28: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

28

One Objective…

Hassle Free

CASH FLOW$10,500

Page 29: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

6 Steps To Systematic Hassle-FREE Investing

Find The DealsRun The NumbersMake OffersFind The MoneyRide The Cash FlowRetirement Strategy

Page 30: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

30

Student Partnership Deal- 872 Units in Pasadena, TX- Purchased for $8.0 Million

-No Money Out Pocket

- 25% Partnership Interest

Page 31: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

31

“ I can’t think of one single long term trend in our country and our economy that doesn’t benefit Self Storage. It’s the perfect storm--a hurricane of Profits. This is the sweetest spot in the whole American economy, a receptacle for an enormous cascade of money”Ben Stein

Leading Economist

Page 32: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Times of Transition – Perfect Storm

Economy

Baby Boomers

Echo Boomers

Diversified Portfolio

Page 33: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Economy

• There are a lot of people getting foreclosed on. Now, that's a time of transition. What's happening to their goods as they're being foreclosed? They need a place to store 'em. So we're seeing storage facilities filling up very quickly, especially in the high foreclosure areas.

Page 34: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Baby Boomers• The Baby Boomers are getting older.

• downsizing on their houses,

• collected a lot of things over the years, things that they don't want to part with (heirlooms)

• So where are they putting these things?

• They were the consumer age, and they consumed and consumed and bought

Page 35: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Page 36: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Echo Boomers• The babies of the Baby Boomers, now

College age

• Their putting their extra stuff immediately into storage, because that's what they were trained to do.

• Over the next eight to ten years, there are 72 million Echo Boomers coming into the marketplace. So it just means that storage is going to continue to rise.

Page 37: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Diversified Portfolio• You really want to be a transaction engineer.

• You want to be able to do any deal that crosses your desk.

• And with adding storage to your portfolio, you've added a very powerful cash flow engine to what you have right now.

• Or if you don't have anything right now, it's a great place to start

Page 38: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Why Self Storage Makes Cents

• The NEED FOR COMMERCIAL USE IS GROWING. at-home entrepreneurs and seek alternative storage other than their home or garage.

• 1 in 10 Households Need or Use Self Storage• Hospitals, record filing 70 %• Allows you to Start where Your Comfortable• Huge & Growing Demand, driven by life events:

downsizing homes, job transfers, divorce. • Huntsville

Page 39: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

• IT’S EASILY MANAGED As a low cost investment, self storage can easily be managed by individuals with little or no experience

• The initial investment is much smaller and operating expenses are much lower than other types of real estate investments.

• The management task, unlike many other businesses, is not labor intensive.

Page 40: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Make Ready Procedure

Page 41: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

SELF STORAGE IS A MONEYMAKER WITHOUT THE HEADACHES

• Over 40% of commercial customers rent more than two years.

• The average customer visits his unit once a month. • Real estate properties must continually maintain

grounds, appliances, plumbing, electrical fixtures, etc., which usually require a maintenance staff.

• Self-storage operating costs are a fraction of other real estate properties.

Page 42: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

BEST OF ALL

• No Jerry Springer Tenants

• No Toilets

• No Trash

• NO PAIN !!

Page 43: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Failure Rate Comparison

Compared to other real estate investments, self storage has the ability to absorb economic fluctuations, maintaining value during both good and bad economic times.

Failure Rate : Office/Retail 60%

Self Storage 8%

Page 44: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Operating Cost Comparison

Self Storage $2.75-3.25

All Other R/E $3.50-5.00

Reasons for most businesses going broke is

the overhead

Page 45: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Break Even Occupancy Comparison

Self Storage 60%-72%

All other Real Estate 80%-90%

Page 46: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Create as Much Passive Income as You Need

• We're going to get paid three different ways.

1. We're going to get paid through cash flow. The cash flow is the money that we get from our property on a regular basis.

Page 47: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

2. We're going to Get Paid through Appreciation

• Always be raising the rents by $10 or $20.

• It's called a nuisance increase.

• not high enough that they're going to go move their stuff into another facility.

• $10 x 350 units = $3500/month

Page 48: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

3. My Favorite Way, is Acquisition Fees

• How to pool people's money together.

• You've taken the time to discover and educate yourself on how to get these storage deals

• And how to get the private money for these storage deals

• it's customary in our business, that you get an acquisition fee.

Page 49: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Who’s Renting Now!!Foreclosed Home OwnersApartment OwnersCollege StudentsDivorceLandscapers - Contractors Home SellersBoomers DownsizingHome Buyers……..

Page 50: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

#1 - Find The Deals

SourcesBrokersDirect MailInternet Research

“Motivated & Flexible Sellers”“Must Sell”“Seller Finance”

Page 51: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Different Ways that you Can Get the Deal

• You can get deals from direct mail, sending out letters and post cards to owners of storage facilities.

• You can get deals from Real Estate brokers.

Page 52: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Follow Direct Marketing RulesEnvelopes-No windows, multi-colored It has to look like

friendly mail (invitation) so that they will open it

Blue Ink-Return address- Do not use a PO Box on a business

company. You can put your name on a PO Box.

Stamps-Use all sorts of funky stamps. Do not use metered mail.

Letters w/ headlines - the biggest benefit for doing business with us.

PS-the 2nd biggest benefit for doing business with us

Delegate-the stuffing process to someone else, such as an ad on Craig’s list will get you a big response.

Use proven lettersFax back forms..1 % Responce Rate

Page 53: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

1% Response Rate

• Out of 1,000 letters, we will be getting 10 responses.

• Out of these 10 responses we will get 2-3 serious sellers, and from these we will get 1 good deal to choose on.

• If you get those letters out each month you should be getting a deal a month.

Page 54: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Ready to Use Proven Letters to Owners

I’m Interested in Buying Your Property!Read On…

Dear Property Owner: I’m interested in purchasing your self storage facility. Are you interested in selling? I currently a member of a group of investors who hold a portfolio of properties similar to yours and are looking to add more. I realize that there are a number of reasons why someone may be interested in selling. Everyone has his or her own reason and my question to you is, are you now ready to sell? If so, I am ready to buy. I can close quickly or delay the closing as long as you like. Please contact me at your earliest convenience so that we can discuss the sale of your building. Call me now at 1-800-999-5555.

I look forward to hearing from you.

Jeff LindahlP.S. To Get The Best Price For Your Property, Call Me Now At 1--800-999-5555.

Page 55: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

How to Work Effectively with RE Brokers

• Fear –Just call Them-Just use the Script

• Build the Relationship

• Where are they – Loopnet.com

Follow up, Follow up, Follow up,

The average deal is made after the fourth follow up, the average investor only follow ups two times

Page 56: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

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Steve Hall

167 Unit Facility

Little Rock, AR

$265,000 Price

$600,000 Value(Based on Income)

Two minute conversation with the Broker (based on our script)

Page 57: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Page 58: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Steve Hall

Page 59: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

“What Others Say...”

“I’m Busy”“I Don’t Have The Money”“It Doesn’t Work In My City”“I’m Afraid”“I Don’t Know What To Do”“I Can’t Find A Deal”

Page 60: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

3 Reasons to be in Real Estate

1.Money Today

2.Money Monthly

3.Money Later

If anyone tells you different

They don’t Understand Real Estate

Page 61: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

#2 - Run The Numbers

1- Replacement Cost2- Sales Comparison Approach3- Income Approach

85% Occupancy = a stabilized property.

Page 62: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

62

Cap Rates

NOI / Sales Price Cap Rates: A’s 7 – 8B’s 8 – 10C’s 9 – 12

Page 63: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

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Cap Rate ExampleThe purchase price is $1,000,000

Total Annual Income = $180,645Total Annual Expenses = $68,445Net Operating Income = $112,000The Cap Rate =

112K/1MM= .112 = 11.2% Cap Rate

Acquisition Fee Income!Acquisition Fee Income!

Page 64: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

#3 - Ride The Cash Flow

Gross Rent IncomeLate ChargesAdmin FeesBounced Check Fees“The Store Within Your Facility”

Ancillary Services Make You

$10,000+Ancillary Services Make You

$10,000+

Page 65: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

65

Box Business/Supplies

Page 66: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

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Expenses made Simple28% of Income…

Taxes – Insurance – R and M – Gen Admin – Management – Marketing – Utilities – Contracted Services – Payroll –

Page 67: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Page 68: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

#4 - Make Offers

Letter of Intent… Template for you to use… (page 110) Repair allowance to student at closing

using this LOI was $200,000 !!!

Page 69: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

#5 – Find The Money

Hard MoneyOwner FinancingSelf Directed IRAPrivate MoneyPartnershipsThere is $$$$$ in this Room

Page 70: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

70

Conventional

Local BanksNational LendersLoan AssumptionMortgage Lenders

Stabilized Deals…

Page 71: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

The More Deals that You Get Into with The Least

Amount of Money Down…

The Wealthier you will Become!

Formula for Repeatable Success

Page 72: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

72

We Typically Give a 8% Return for Private Money

You Also Want to Look For Angel Investors

75% of All Private Money Comes From People You

Already Know

75% of All Private Money Comes From People You

Already Know

Page 73: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Graciella

Page 74: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

#6 - Exit Plan

Sell OutrightLong Term Cash FlowReal Estate investment TrustUse 1031 And Buy Another One

Page 75: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Advantages of Self-Storage Investing

Cash Flow = Freedom!

Cash Flow = Power

&

Power = Freedom

Page 76: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

What is Financial Freedom To You?

Page 77: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Cash Coming In Month after Month after

Month…

Page 78: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Page 79: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Sunny Days

Page 80: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Steve Martel

Page 81: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Will You Be the Next Success Story?

Page 82: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Self Storage Investing Riches

Page 83: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Benefits Of Self Storage Investing Riches

More TimeMore MoneyCashflowEasy To UseAsset AppreciationRecession Proof

Financial Freedom

Page 84: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Table of Contents

• Chapter 1: How Investing in Self Storage Will Make You Wealthy pg1

• Chapter 2: Self Storage Property Types pg16

• Chapter 3: How to Find Good Deals Using Direct Mail pg 23

• Chapter 4: Secrets to Finding Good Deals pg36

Page 85: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

• Chapter 5: How to Work Effectively With Real Estate Brokers pg 40

• Chapter 6: How to Determine the Value pg 48

• Chapter 7: Deal Analysis Income Component pg53

• Chapter 8: Deal Analysis Expense Component pg 59

• Chapter 9: Deal Analysis Underwriting pg 65

Page 86: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Chapter 10: How To Determine Where And When To Buy pg 90

• Chapter 11: Team Building pg 99• Chapter 12: Creating and Presenting Offers

pg 106• Chapter 13: Due Diligences pg160• Chapter 14: Planning the Site Visit pg

174• Chapter 15: Financing pg 189

Page 87: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Chapter 16: Creating a Loan Package and Business Plan pg 205

• Chapter 17: Entity Selection & Structuring pg 219

• Chapter18: Property Managers pg 232• Chapter 19: Setting Your Business Office

pg 239• Chapter 20: Marketing for Tenants pg 261• Chapter 21: Powerful Tax Strategies for Real

Estate Investors pg 265• Chapter 22: Exit Strategies, Goals & Time

Management 284

Page 88: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Self Storage Investing Training Manual

You’ll discover… Storage property Types Finding Great Deals Working with Brokers How to Determine the Value Deal Analysis Income & Expense Determining Where & When To Buy Creating and presenting offers...

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Page 89: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

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Page 90: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Self Storage Investing DVDs

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This Video Training will reveal…

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Page 91: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

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Page 92: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

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Page 93: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

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Page 94: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Marketing & Legal Library

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Forms, Contracts & All The Paperwork

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Page 95: Self Storage Secrets! Dave Lindahl Teaches Investing in Self Storage

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

Creating Wealth Through Cash Creating Wealth Through Cash Flow Flow

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Self Storage Investing Audios

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