Make Thousands Per Month With Self Storage #shorts

My friend Nick owns 150 million in these things. Storage units that make, on average, about 30% cash on cash return. The market's getting a little nutty. I want to figure out how we can take advantage of it once things come back down to find a deal just like this one. This deal he did makes him $39,000 a year. He bought it for $472,000, but with only $10,000 down. So for 480k in total, $90,000 a year. Let's break down the costs. 28k in mortgage, about 10k in property taxes, 2,400 in utilities, 1200 a year in business software, 2400 in bookkeeping, accounting, about 3k in marketing and 3k in maintenance. All of this together leaves him with 39k a year in profit. This is going to become possible again. Real money is made when there's blood in the streets, even if the blood is your own.