Student Showcase Armaan Makes $1 Million Selling His 1st Facility
Update: 2024-08-06
Description
Self-storage facilities have proven to be a stable investment option, providing investors with reliable cash flow and long-term appreciation. In this episode, Stacy Rossetti interviews Armaan Premjee, who shares his journey from novice to successful self-storage investor. Armaan recounts how he dived into the self-storage market in early 2021, navigating the challenges of securing financing and managing properties himself. He details his initial acquisition, a $1 million investment, which he later sold for $2.25 million after significant value improvements and strategic refinancing. Tune in to discover practical tips on financing, property management, and scaling in the self-storage sector from Armaan’s real-world experience.
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