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EP805: How I Got Paid $250k to Buy a Storage Facility (And You Can Too)

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Manage episode 493115989 series 2931824
Content provided by Alex Pardo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alex Pardo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Forget what you’ve heard, you don’t need your own cash to buy real estate. In this solo episode, Alex Pardo reveals how he got paid $250,000 at closing to buy a self-storage facility and how one of his coaching clients did the same. If you want to learn how to raise capital, structure deals, and build wealth without using your own money, this episode is a masterclass.

KEY TAKEAWAYS

  • How Alex structured a $1.2M storage deal and walked away with $250K at closing
  • Why relationship capital is the most powerful form of leverage in real estate
  • The right way to use private money transparently and legally
  • Golden rule of leverage and how it can backfire if used recklessly
  • Thin margins, weak markets, and overpromises: The trio that sinks deals fast

RESOURCES/LINKS MENTIONED

TWEETABLES

  • “It all starts with making a commitment and a decision to network, to put yourself out there.”
  • “You have to always operate with transparency. Be honest.”
  • “Never buy a storage facility or any deal if it's reliant on the best-case scenario.”
  • “You really have to look at everything going on in the deal.”
  • “Use leverage as a tool, because in the hands of the wrong person, it's actually a weapon.”

🔊 LISTEN & SUBSCRIBE TO THE FLIP EMPIRE SHOW (PODCAST) on Apple Podcasts ▶︎ https://podcasts.apple.com/us/podcast/the-flip-empire-show/id1120765959

📺 SUBSCRIBE TO ALEX PARDO’S YOUTUBE CHANNEL NOW ▶︎ https://www.youtube.com/alexpardo

🚀 How to Buy Your 1st Storage Facility within 6-12 Months ▶︎ http://www.storagewins.com/

FOLLOW ALEX ON:

  continue reading

806 episodes

Artwork
iconShare
 
Manage episode 493115989 series 2931824
Content provided by Alex Pardo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alex Pardo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Forget what you’ve heard, you don’t need your own cash to buy real estate. In this solo episode, Alex Pardo reveals how he got paid $250,000 at closing to buy a self-storage facility and how one of his coaching clients did the same. If you want to learn how to raise capital, structure deals, and build wealth without using your own money, this episode is a masterclass.

KEY TAKEAWAYS

  • How Alex structured a $1.2M storage deal and walked away with $250K at closing
  • Why relationship capital is the most powerful form of leverage in real estate
  • The right way to use private money transparently and legally
  • Golden rule of leverage and how it can backfire if used recklessly
  • Thin margins, weak markets, and overpromises: The trio that sinks deals fast

RESOURCES/LINKS MENTIONED

TWEETABLES

  • “It all starts with making a commitment and a decision to network, to put yourself out there.”
  • “You have to always operate with transparency. Be honest.”
  • “Never buy a storage facility or any deal if it's reliant on the best-case scenario.”
  • “You really have to look at everything going on in the deal.”
  • “Use leverage as a tool, because in the hands of the wrong person, it's actually a weapon.”

🔊 LISTEN & SUBSCRIBE TO THE FLIP EMPIRE SHOW (PODCAST) on Apple Podcasts ▶︎ https://podcasts.apple.com/us/podcast/the-flip-empire-show/id1120765959

📺 SUBSCRIBE TO ALEX PARDO’S YOUTUBE CHANNEL NOW ▶︎ https://www.youtube.com/alexpardo

🚀 How to Buy Your 1st Storage Facility within 6-12 Months ▶︎ http://www.storagewins.com/

FOLLOW ALEX ON:

  continue reading

806 episodes

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